Position Description Auditor, Financial Audit

Transcription

1 Position Title Auditor, Financial Audit Position Number Various Portfolio Financial Audit Location Victoria Supervisor s Title Manager Travel Required Yes FOR OAG HR USE ONLY: Approved Classification or Leadership Band Mandate Applied Leadership NOC Code: Class Code: The Auditor General serves the Legislative Assembly and the people of British Columbia by providing independent assessments and advice that enhance government accountability and performance. Authorities for the Office of the Auditor General are derived from the Auditor General Act. Role Reporting to a Manager or Director, the Auditor is responsible for leading small to medium sized financial statement audits and may also participate in performance and financial management audits as required. The results of these audits provide the public and members of the Legislative Assembly with assurance and accountability information about how well government finances and programs are being administered. This position works as part of a team or independently, receiving assignments from the Director or the Manager, and ensuring that assigned audits are conducted in accordance with the audit standards established by the Office and the Canadian Institute of Chartered Accountants. Auditors will interact with all levels of staff of auditees, primarily in the area of financial management, but also with program managers of ministries, Crown corporations and agencies, universities, colleges, school districts, health authorities, community service authorities, hospital societies, and trusts. The Auditor will meet with senior auditee financial and program staff to review the findings of the audit work and gain acceptance of the recommendations and suggestions. The Auditor may also participate in presentation of findings within the office to groups and individuals within government (management, audit committees, Committees of the Legislative Assembly) and outside government (interest groups). The Auditor will also have some contact with private sector auditors and legislative audit offices for research and education. In addition to audit responsibilities, Auditors contribute to their group on a broader level by demonstrating growth in the Office s Foundation, Leadership and Technical competencies. As well, work will involve coordination with other groups within the Office. The Auditor is accountable for planning, conducting and reporting on small to medium size government financial statement audits in accordance with OAG and professional standards. Specific deliverables include: plans for financial statement audit engagements including: drafting engagement letters; preparing planning memos and supporting documentation including systems reviews and assessments; conducting risk analyses; co-ordinates with Director/Manager in accordance with OAG standards; develops audit programs to accomplish approved audit plan; documents and evaluates the overall control environment; directs or completes audit fieldwork; advises audit management of findings that require adjustment to the audit plan; obtains analyses and appraises audit evidence as a basis for an informed, independent and objective opinion concerning the efficiency and effectiveness of internal controls within the audit scope; documents audit conclusions relevant to audit objectives; summarizes audit findings and preliminary recommendation for review with the Manager or Director for clarification of facts. ensures that all audit findings, exceptions and proposed adjustments in working papers are adequately documented; prepares reports on audit findings for client management and/or legislative committees; performs follow-up audit procedures to appraise the adequacy of the corrective action taken to improve deficient conditions; 1

2 advises Manager and/or Director of recommendations to improve efficiency and effectiveness of client/auditee operations or controls; remains current with the developments in the accounting and auditing profession, including maintaining a current knowledge of Canadian Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS); and assists the Director or Manager with administration which includes strategic planning and participation on Officewide committees. Indicative Position Responsibility Distributions Office wide involvement on cross portfolio or operational committees 10% Planning, conducting and overseeing audits within the portfolio/lines of business 80 % Builds relationships across the public sector 5 % Other 5 % Essential Qualifications and Experience A professional accounting designation (CPA, CA, CGA, CMA) and eligibility for membership in good standing in the appropriate professional association or an international accounting designation equivalent to the specified accounting designations. Progressively responsible recent related experience conducting financial statement audits, including responsibility for managing, planning, conducting and reporting audit/assessment activities. Current and thorough knowledge of Canadian GAAS and GAAP. Behavioural Competencies Foundation Competencies Personal Accountability Demonstrates accountability for own actions and decisions. Builds collaborative relationships. Builds communication skills by leveraging own strengths. Handles situations of conflict by striving to understand the perspective of others to reach win/win solutions. Business Acumen Builds knowledge and understanding of OAG s business and the Public Sector. Applies sound judgment and critical reasoning in decision making and problem solving. Demonstrates ability to speak the language by using OAG and Public Sector terminology to engage in meaningful dialogue at the Management level. Continuous Improvement Demonstrates agility and responds constructively to new demands, priorities and challenges. Demonstrates a willingness to take calculated risks. Identifies lessons learned from own mistakes and is open to feedback from others. Leadership Competencies Corporate Planning Understands the importance of the Office s vision, mission and values. Undertakes planning for tasks in alignment with plans. Undertakes analysis and prepares accurate supporting information. Engage and Inspire Demonstrates ownership of work and pride in individual and others success. Promotes cooperation, collaboration and working together. Manages conflict and removes roadblocks for team members to achieve results. Developing People Demonstrates a strong commitment to personal and professional development. Informally coaches and mentors staff. Engages in career conversations with their supervisor. Leading Change Understands the need for change and understands their role in the change process. 2

3 Demonstrates a resilience and openness to change. Plays an active role in supporting the implementation of change initiatives Technical Competencies Risk Assessment Begins to identify and assess audit risks. Gathers and documents knowledge of an entity and its control environment. Demonstrates an understanding of how risk impacts the audit plan and programs. Risk Response Identifies gathers and analyzes relevant audit evidence and formulates fair and objective conclusions. Produces well organized relevant working papers and documentation for review. Demonstrates an understanding of audit assertions. Applies an appropriate level of skepticism to fraud. Reporting Provides clearly documented findings with sufficient evidence. Identifies issues for external reporting. Ensures assigned work is complete and responds appropriately to feedback. Service Focus Builds knowledge of clients and develops a solid understanding of a client s business. Uses judgment to identify noncomplex client issues, and escalates to the relevant authority as appropriate. Develops professional client relationships through positive interactions. Project Management Adheres to a project plan. Demonstrates ability to manage own individual workload. Demonstrates flexibility to changes in project plan and scope. Direct Supervision This position is responsible for overseeing and monitoring the work of junior team members. They may be responsible for direct supervision of one or more staff. 3

4 Organizational Chart Auditor General Assistant Auditor General Executive Director Director Senior Manager Manager Auditor Audit Associate This is an accurate statement of the position s assigned duties, responsibilities, and reporting relationships. This position description was created/revised/finalized in month/year. Reviewed By Approved By Carol Bellringer, Auditor General I have read this position description and understand the key responsibilities: 4

5 Agreed to By [Name], incumbent cc: Supervisor Personnel file Position file 5