Conduct high quality, professional day-to-day execution of internal audit engagements and projects within established timelines and budgets.
Evaluate key risks and internal controls, develop and/or review audit programs/risk & control matrices (including adapting an audit program to suit the client’s specific environment and designing controls evaluation and testing work plans to address risks within assigned areas of the audit), benchmark financial and operational processes and controls, and identify opportunities for efficiencies/performance improvement based on leading practice; work with Internal Audit Managers to communicate findings/recommendations to senior management and client personnel.
Assist in annual risk assessment activities, as appropriate, including leading interviews and/or survey processes.
Conduct audit entrance and exit conferences and lead as appropriate for work assigned.
Perform/review testing procedures including, but not limited to, detailed tests of controls including sampling/confidence levels, analytical procedures, Computer Assisted Auditing Techniques (CAATs), and other audit procedures to address risks identified and to test internal controls; Create high quality deliverables using appropriate business and technical language, documenting audit work performed and results by preparing/reviewing work papers. Identify / document audit issues clearly articulating issue/root cause, risk/exposure, and recommendations for improvement.
Lead the drafting of internal audit reports and other audit deliverables, directing the work conducted by Auditors on the team.
Document processes and sub-processes in the form of walkthroughs (in a format that allows them to be re-performed), narratives, and flow charts for audit areas in scope, with the assistance of Auditors, as applicable.
Lead interactions with clients to validate the information/communication flow from the client to the audit team is efficient and effective; collaborate directly with clients and identify client concerns through building solid relationships; and work with client in an organized and knowledgeable manner/actively lead client discussions and meetings.
Organize and maintain client documentation in a manner consistent with safekeeping practices.
Use available technical resources and tools to research and expand one's sphere of knowledge to enhance audit value; remain up-to-date on industry trends and NYPA-related strategic intent while sharing the knowledge amongst the team where applicable.
Prioritize and complete tasks; communicate potential conflicts to managers and teams.
Participate in “integrated” Internal Control Audits as necessary including evaluating IT general controls with the assistance of IT Audit team members, as appropriate.
Coach, and mentor auditors, interns, and new hires; provide constructive on-the-job feedback/coaching to team members.
Develop and execute complex data analysis routines and visualize the results of analytics, interpret the results of data analytics and train team members in data analysis techniques and tools.
The level of job complexity is intermediate.
Demonstrated integrity, values, principles and work ethic.
Good working knowledge of relevant auditing concepts and techniques and thoroughly familiar with COSO, GAAP, GAGAS, FERC, FASB and IIA standards
Familiar with typical Internal Audit functions and operations
Good understanding of electric utility industry functions preferred.
Ability to identify and articulate key risks and controls in a process and sub process and to devise and execute audit steps for a variety of audits
Ability to plan, organize, control and execute audits while maintaining cordial and professional relationships with clients
Sound analytical abilities along with the ability to interpret large volume of data to identify potential audit issues and develop practical cost-effective solutions; experience acquiring client data, then transforming, mapping, cleansing, and preparing data for analysis
Good ability in recognizing audit issues and developing realistic and practical recommendations
Demonstrates high level of competence in both oral and written communications
Excellent organization skills; ability to plan, manage time budget and administer segments of audits within context of overall audit plan
Exhibits a professional attitude and work ethic and has ability to interface effectively with peers and clients
Good understanding of sampling strategies and confidence levels and use of data analytics
Skills in execution of project management techniques and engagement closure
Effective negotiation skills
High standard of ethics and professionalism
Strong interpersonal, written, and verbal communication skills
Working knowledge and experience with auditing tools such Microsoft Access, Word, Excel, PowerPoint, SharePoint, and Visio
Bachelor degree in MIS, Accounting, Finance or equivalent discipline
Minimum of three years’ experience in auditing preferable from a combination of Big 4 and major organization/company audit experience or 6 years’ experience auditing in an audit firm and/or organization/company
A CPA, CIA or MBA preferable
About New York Power Authority
The New York Power Authority is the nation's largest state public power organization, with 16 generating facilities and more than 1,400 circuit-miles of transmission lines. More than 70 percent of the electricity we produce is clean renewable hydropower.
NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives.
Our lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state. Our business customers range from Fortune 100 giants competing in international markets to small manufacturing or service firms that are vital to local economies.
We sell power to government agencies; to community-owned electric systems and rural electric cooperatives; to job-producing companies; to private utilities for resale—without profit—to their customers; and to neighboring states, under federal requirements.
For more information, visit www.nypa.gov.