The internal auditor provides assurance to the Audit Committee that Port of Seattle operations are efficient and effective. These assurances include assessing management’s controls (internal controls) in mitigating risk.
This list is ILLUSTRATIVE ONLY, and is not a comprehensive listing of all functions and duties performed. Essential duties and responsibilities may include, but are not limited to, the following:
Plan and conduct risk-based performance and operational audits of departments, systems, programs, policies and governance activities. Conduct entrance, exit and status meetings with management. Evaluate diverse business activities throughout the Port (operations related to the Airport, Seaport, Economic Development and Corporate Divisions). Identify and assess risks resulting from Port activities, and test controls that mitigate risks. Extract, analyze and test data from various information systems to identify risk areas.
Develop audit objectives and conduct substantive tests in support. Develop benchmarking questions to evaluate Port operations against the comparable operations of other organizations. Prepare audit reports for a diverse audience that includes the Commission, management, and the public. Support the Internal Audit Director and Manager in presentations to the Audit Committee and annual risk-driven work plan.
Conduct third-party compliance audits (tenant lease, concession agreements and management agreements for the operation of Port functions). Develop tests to ensure compliance with legal and contractual requirements of third-party agreements. Stay informed of professional standards and guidance. Participate in professional organizations.
KNOWLEDGE, SKILLS & ABILITIES:
Knowledge of Generally Accepted Government Auditing Standards (Yellow Book) and International Professional Practices Framework (Red Book). Knowledge of COSO internal control and COSO ERM framework. General knowledge of Single Audit Act and OMB Circular A-133. General knowledge of accounting standards and practices (US GAAP) and laws/regulations applicable to local municipal corporations in the state of Washington. Working knowledge of inherent operational and compliance risks associated with government organizations.
Must have excellent interpersonal skills and communication skills. Skilled in conducting presentations in a formal setting. Must have excellent writing skills to prepare clear and concise reports that present complex information to varying audiences. Must have excellent interviewing skills to conduct interviews tactfully, maintaining independence and objectivity. Must have excellent organization skills manage multiple projects and assignments at one time. Must possess technical skills in order to efficiently and effectively extract financial data using Microsoft Access ODBC, PeopleSoft, and other Port databases.
Ability to utilize discretion and a demonstrated ability to maintain confidentiality of information and documents as appropriate. Ability to use office software such as MS Excel, Word, PowerPoint, and SharePoint. Must have ability to analyze information and exercise professional judgment, supported by fact-based information in order to develop practical, value-added recommendations. Ability to exercise professional skepticism, with ability to approach audits with an open mind and perform due diligence in reaching conclusions. Ability to identify red flags that signal control weakness, non-compliance, fraud, waste and abuse.
Combination of education and experience demonstrative knowledge, skills and abilities equivalent to:
• Bachelor’s degree with coursework in business, finance, accounting; or related;
• Three (3) years of combined experience accounting, public accounting, finance, audit or equivalent; and
• Must have passed either an accredited Certified Public Account (CPA) exam or an accredited Certified Internal Auditor (CIA) Exam.
• Five (5) years of combined experience accounting, public accounting, finance, audit or equivalent; and/or
• Master's degree in Business or related field.
See Port of Seattle website: www.portseattle.org