Job Description
Internal Audit Director This class is accountable for directing the Internal Audit program for the Town of Fairfield. Receives administrative direction from the Chief Fiscal Officer. Directs staff of the division. Examples of essential duties include: Analyzing financial transactions, records, systems, and internal controls to determine accuracy, adequacy, and compliance with applicable laws, regulations, policies, and standards. Conducting audit fieldwork, including data analysis, interviews, observations, testing of controls, and documentation of results. Conducting investigations of suspected abuse, waste, or fraud; preparing related reports; interviewing personnel; and coordinating with law enforcement or external agencies as appropriate. Conducting specialized, sensitive, or complex studies and analyses at the direction of the Chief Fiscal Officer. Coordinating and conducting management and organizational studies related to structures, procedures, and operational effectiveness. Developing and implementing comprehensive audit plans, including defining objectives, scope, methodologies, sampling techniques, timeframes, and audit programs. Developing, recommending, and assisting in the implementation of audit-related policies, procedures, and best practices. Identifying and assessing operational, financial, compliance, and fraud risks to determine audit priorities and scope. Interpreting and applying applicable laws, regulations, and professional standards related to auditing and financial management. Maintaining effective working relationships with departmental staff, management, external auditors, regulatory agencies, and other stakeholders. Monitoring fiscal operations for compliance with established fiscal policies and applicable accounting standards, including GASB requirements. Performing accounting, financial, and operational performance appraisals for departments, agencies, boards, and commissions. Performing post-audit follow-up reviews to evaluate the implementation and effectiveness of corrective actions. Planning and directing long-range audit programs to ensure periodic examination of major activities, programs, and financial records. Planning, directing, and conducting independent internal audits and examinations of departmental operations, financial activities, programs, and contracts to assess compliance, effectiveness, and efficiency. Preparing and maintaining accounting policies, internal control documentation, reconciliations, and related financial records as assigned. Preparing clear, accurate, and well-supported audit workpapers, findings, conclusions, and formal audit reports. Preparing or assisting in the preparation of budgets, capital plans, financial statements, lease reports, pension and OPEB schedules, and other required financial reports. Supervising assigned staff, including directing work activities, evaluating performance, and participating in recruitment, hiring, and training. Performing related accounting, auditing, and administrative duties as required. The essential functions or duties listed below are intended only as illustrations of the various type of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. Knowledge, skills and abilities include: Considerable knowledge of and ability to apply management principles and practices. Considerable knowledge of organizational analysis. Considerable knowledge of relevant state and federal laws, statutes and regulations. Considerable knowledge of the principles and practices of auditing and accounting. Knowledge of accounting appraisal techniques. Knowledge of applicable Federal, State, and Local laws, ordinances, codes, rules, regulations, resolutions, and guidelines. Knowledge of chain of custody practices. Knowledge of data processing. Knowledge of financial examination procedures. Knowledge of governmental accounting standards and principles. Knowledge of Governmental Auditing Standards. Knowledge of internal auditing principles and practices. Knowledge of internal control and financial systems. Knowledge of municipal operational practices and procedures. Knowledge of public relations principles. Knowledge of sampling techniques, including stratification of samples. analytical methods. Skill in interpreting and applying applicable laws, ordinances, codes, rules, regulations, resolutions, and guidelines. Skill in performing accounting appraisals. conducting internal audits. Skill in preparing and maint