DESCRIPTION The Director of Internal Audit manages the Internal Audit functions for the Virgin Islands Housing Finance Authoritys (VIHFAs) Divisions and Programs, including the Community Development Block Grant (CDBG) - Disaster Recovery (DR) and Mitigation (MIT) Programs. The Director of Internal Audit is responsible for preparing and implementing a risk-based audit plan to assess, report on, and suggest improving the Authoritys key operational and finance activities and internal controls. This is a Territorial position. ESSENTIAL FUNCTIONS: - Supervise and manage the Audit Team. Attract, hire, and retain a team of high-performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity. - Works to ensure roles, responsibilities, and results are efficiently coordinated and collectively optimize the effectiveness of the Authority's risk management, control, and governance. - Responsible for developing and implementing an annual audit plan identifying areas to be audited for VIHFA and its federal programs and grants. - Oversees the quality assurance assessments of the Authoritys systems, processes, and procedures to determine their adequacy, reliability, and effectiveness. - Oversees the Authoritys reviews and compliance with established policies, procedures, and applicable law and assists with identifying, developing, and implementing goals and objectives. - Manages the audit plans and programs for CDBG-DR and CDBG-MIT and conducts site visits and assessments of procedures, policies, and compliance with Housing and Urban Development (HUD) guidelines and other Federal regulations. - Prepare reports and conduct analyses to present audit results, recommend administrative, organizational, and appropriate corrective action, and follow up on recommendations and implementation. - Oversee internal audits' participation in critical business and technology initiatives and projects, ensuring that the audits' perspectives are effectively voiced, and appropriate controls are designed and implemented proactively. - Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and governance requiring prompt attention. - Issue all Internal Audit reports, ensuring the reports are clear and concise, identify root causes with practical solutions, and ultimately provide value to management. - Assists with planning and monitoring special projects. EDUCATION, EXPERIENCE, AND SKILLS REQUIRED: - Education:A bachelor's Degree from an accredited college or university in Business Administration, Accounting, Finance, or a related field is required. A masters Degree is - Experience:Minimum of 8 years of directly related accounting and auditing experience with demonstrated competence. Knowledge of Accounting Principles (GAAP), Auditing Standards (GAAS), and Governmental Accounting Standards (GASB). Knowledge of applicable housing laws, financial management practices and principles, accounting, auditing, budgeting, economic analysis, and research techniques. Equivalent combination of education and experience. - Knowledge, Skills and Abilities: Thorough knowledge of accounting and auditing theory and process; Thorough understanding of accounting and operating systems and controls; Ability to analyze financial records and reports to assure compliance with policies and procedures, and rules and regulations; Ability to prepare complex reports; Ability to express clearly and articulately in oral and written communication; Ability to plan, organize and meet deadlines; Ability to work independently; Ability to plan, manage and control comprehensive internal audit services; Ability to analyze, interpret and apply state laws, federal compliance requirements and local regulations and policies; Ability to analyze, interpret and apply laws, codes, rules, policies and court decisions affecting the Authority; illingness to be a team player and to be flexible; Computer literate to include Microsoft Word, Excel and Outlook; Ability to work harmoniously with other agency personnel; Ability to maintain confidentiality in all assignments; and a Valid Drivers License. SALARY:$80,000 to $95,000per annum, depending upon qualifications. APPLICATION INSTRUCTIONS AND PROCEDURES: Interested applicants must submit an application, cover letter, and resume/curriculum vitae. During the Safer at Home period, application packages will only be accepted electronically athr@vihfa.gov.
