Maine Housing Internal Auditor
acfe-boston, Augusta, ME, United States
Title: Internal Auditor
Department: Audit; FLSA Status: Exempt.
Primary Purpose of Position
The Internal Auditor is responsible for independently assessing MaineHousing’s financial and operational business processes, risk management, internal controls, and governance processes. The role reports to the Board of Commissioners and is responsible for defining the proper scope and objectives of each audit, planning the approach of each engagement, ensuring quality is integrated into each audit review, and presenting recommendations for improvement to Management and the Audit Committee of the Board of Commissioners.
Education and Experience
Bachelor’s degree in business, finance, or related field and five years of auditing experience, or an appropriate combination of education and work experience preferred.
Certification
Certified Internal Auditor (CIA), or ability to achieve CIA within one year.
Core Functions
Working with department directors and managers, annually update the MaineHousing Risk Assessment document in support of the MaineHousing Strategic Plan; recommend and incorporate risk management strategies, considering industry best practices and cost/benefit; monitor agency-wide risks and controls designed to mitigate those risks.
Develop a flexible internal audit plan based on input from the Audit Committee and MaineHousing Management, grounded on the evaluation of underlying operational and business risks; update the plan annually and obtain Audit Committee approval.
Establish and agree on audit scope and objectives for each engagement, and plan and conduct audit activities to:
Review operational processes for efficiency and effectiveness
Examine financial transactions for accuracy and ensure that controls are appropriately designed and followed
Ensure assets are properly safeguarded
Assess compliance with all applicable laws, regulations, and contracts
Prepare comprehensive working papers and other documentation to support audit results and conclusions.
Communicate recommendations to the Audit Committee and Management through logical, clear and concise written reports and oral presentations to foster understanding and agreement of audit issues and commitment to implementing corrective actions.
Perform follow-up internal audits to evaluate management’s implementation of action plans; monitor overall status of open issues and hold assigned staff accountable to ensure timely completion of corrective actions.
Serve as MaineHousing’s liaison with external federal and state auditors; work with departments to meet the information needs of external auditors, assist auditors during field work, coordinate MaineHousing’s response to audit findings, and follow-up to ensure implementation of all corrective action items.
Review Conflict-of-Interest Disclosures for all new staff; annually administer the Conflict-of-Interest Survey for existing staff and members of the Board of Commissioners; follow up and render opinions, as needed.
Evaluate conflict-of-interest disclosures regarding personal or business relationships involving employees of Partner organizations, approve the Partner’s plan to manage the conflict, and follow up to ensure the plan is reviewed and signed annually by the Partner.
Investigate all allegations of fraud concerning MaineHousing employees or employees of Partner organizations; report findings and assist Legal Counsel with required follow-up of action items, if necessary.
Provide guidance and assistance to the program departments responsible for carrying out risk-based sub-recipient monitoring; participate in partner monitoring visits with staff and review monitoring reports for consistency, as requested.
Participate as a key member of MaineHousing’s Information Security Committee (ISC); oversee the Information Security Program, ensure adherence to Information Security Policies, follow up on results of third-party vulnerability assessments and penetration tests, and address data security incidents as necessary.
Contribute to other relevant committees with an internal audit purpose, including Leadership Team, Data Governance Committee, Safety and Security Committee, and others as deemed appropriate.
Conduct quarterly meetings with the Audit Committee, or more frequently as needed; respond to other requests made by the Audit Committee, Board of Commissioners, and the MaineHousing management team as necessary.
Skills and Knowledge
Demonstrated leadership with a high level of ingenuity, initiative, creativity, judgment, analytical, and problem‑solving skills.
Experience or familiarity with government programs and regulations.
Strong auditing, time management, and organizational skills.
Excellent communication skills – verbal, written, listening.
Proven ability to write clearly and concisely.
Experience communicating effectively in front of groups.
Ability to establish and maintain productive working relationships with members of the Board of Commissioners, MaineHousing management, MaineHousing staff, external business partners, and external auditors.
Strong PC skills using various software applications.
Working Conditions
Fast paced environment with multiple priorities, interruptions & deadlines. MaineHousing office hours are Monday – Friday from 8:00 am to 5:00 pm.
Reports
Functionally to the Audit Committee of the Board of Commissioners; administratively to the Senior Director of Operations.
Supervises
No one.
Band D – Compensation and Benefits
The starting annual salary for the position is $87,574, plus a comprehensive benefits package, including, but not limited to, health, dental and vision, retirement options with employer match, life insurance, short- and long-term disability, employee assistance, generous earned time and all major federal holidays. Employment is eligible for the Public Service Loan Forgiveness Program.
Employment Status
This is an “at‑will” position that serves at the will of the Board of Commissioners.
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Department: Audit; FLSA Status: Exempt.
Primary Purpose of Position
The Internal Auditor is responsible for independently assessing MaineHousing’s financial and operational business processes, risk management, internal controls, and governance processes. The role reports to the Board of Commissioners and is responsible for defining the proper scope and objectives of each audit, planning the approach of each engagement, ensuring quality is integrated into each audit review, and presenting recommendations for improvement to Management and the Audit Committee of the Board of Commissioners.
Education and Experience
Bachelor’s degree in business, finance, or related field and five years of auditing experience, or an appropriate combination of education and work experience preferred.
Certification
Certified Internal Auditor (CIA), or ability to achieve CIA within one year.
Core Functions
Working with department directors and managers, annually update the MaineHousing Risk Assessment document in support of the MaineHousing Strategic Plan; recommend and incorporate risk management strategies, considering industry best practices and cost/benefit; monitor agency-wide risks and controls designed to mitigate those risks.
Develop a flexible internal audit plan based on input from the Audit Committee and MaineHousing Management, grounded on the evaluation of underlying operational and business risks; update the plan annually and obtain Audit Committee approval.
Establish and agree on audit scope and objectives for each engagement, and plan and conduct audit activities to:
Review operational processes for efficiency and effectiveness
Examine financial transactions for accuracy and ensure that controls are appropriately designed and followed
Ensure assets are properly safeguarded
Assess compliance with all applicable laws, regulations, and contracts
Prepare comprehensive working papers and other documentation to support audit results and conclusions.
Communicate recommendations to the Audit Committee and Management through logical, clear and concise written reports and oral presentations to foster understanding and agreement of audit issues and commitment to implementing corrective actions.
Perform follow-up internal audits to evaluate management’s implementation of action plans; monitor overall status of open issues and hold assigned staff accountable to ensure timely completion of corrective actions.
Serve as MaineHousing’s liaison with external federal and state auditors; work with departments to meet the information needs of external auditors, assist auditors during field work, coordinate MaineHousing’s response to audit findings, and follow-up to ensure implementation of all corrective action items.
Review Conflict-of-Interest Disclosures for all new staff; annually administer the Conflict-of-Interest Survey for existing staff and members of the Board of Commissioners; follow up and render opinions, as needed.
Evaluate conflict-of-interest disclosures regarding personal or business relationships involving employees of Partner organizations, approve the Partner’s plan to manage the conflict, and follow up to ensure the plan is reviewed and signed annually by the Partner.
Investigate all allegations of fraud concerning MaineHousing employees or employees of Partner organizations; report findings and assist Legal Counsel with required follow-up of action items, if necessary.
Provide guidance and assistance to the program departments responsible for carrying out risk-based sub-recipient monitoring; participate in partner monitoring visits with staff and review monitoring reports for consistency, as requested.
Participate as a key member of MaineHousing’s Information Security Committee (ISC); oversee the Information Security Program, ensure adherence to Information Security Policies, follow up on results of third-party vulnerability assessments and penetration tests, and address data security incidents as necessary.
Contribute to other relevant committees with an internal audit purpose, including Leadership Team, Data Governance Committee, Safety and Security Committee, and others as deemed appropriate.
Conduct quarterly meetings with the Audit Committee, or more frequently as needed; respond to other requests made by the Audit Committee, Board of Commissioners, and the MaineHousing management team as necessary.
Skills and Knowledge
Demonstrated leadership with a high level of ingenuity, initiative, creativity, judgment, analytical, and problem‑solving skills.
Experience or familiarity with government programs and regulations.
Strong auditing, time management, and organizational skills.
Excellent communication skills – verbal, written, listening.
Proven ability to write clearly and concisely.
Experience communicating effectively in front of groups.
Ability to establish and maintain productive working relationships with members of the Board of Commissioners, MaineHousing management, MaineHousing staff, external business partners, and external auditors.
Strong PC skills using various software applications.
Working Conditions
Fast paced environment with multiple priorities, interruptions & deadlines. MaineHousing office hours are Monday – Friday from 8:00 am to 5:00 pm.
Reports
Functionally to the Audit Committee of the Board of Commissioners; administratively to the Senior Director of Operations.
Supervises
No one.
Band D – Compensation and Benefits
The starting annual salary for the position is $87,574, plus a comprehensive benefits package, including, but not limited to, health, dental and vision, retirement options with employer match, life insurance, short- and long-term disability, employee assistance, generous earned time and all major federal holidays. Employment is eligible for the Public Service Loan Forgiveness Program.
Employment Status
This is an “at‑will” position that serves at the will of the Board of Commissioners.
#J-18808-Ljbffr