Job Description

Job Description

Job Description

SALARY: $79,788.80 - $ 93,870.40

LOCATION: 33 N. High St. Columbus, OH 43215

BENEFITS:

• Medical, Vision, Dental, Supplemental and Life Insurance
• Paid Parental Leave
• Employee Discounts
• COTA Bus Pass
• Wellness Initiatives
• On-Site Chair Massage
• On-Site Health Coach
• Tuition Reimbursement
• Student Loan Repayment Program
• Public Pension through OPERS & Ohio Deferred Compensation

POSITION SUMMARY:

The Internal Auditor is responsible for evaluating the effectiveness of COTA's internal control systems, risk management processes, and governance practices. This role ensures compliance with governmental regulations, industry standards, and agency policies by conducting regular audits and reviews across various functions, including operations, financial management, procurement, and safety. The Internal Auditor will work closely with management to identify areas for improvement, recommend process enhancements, and safeguard the organization's assets.

Performs other duties in alignment with the COTA Strategic Plan and in support of the organization's vision to Move Every Life Forward.

ESSENTIAL JOB FUNCTIONS:

Audit Planning & Execution:

• Develop and execute a risk-based internal audit plan covering financial, operational, and compliance areas within the Authority;
• Conduct audits in accordance with professional standards, preparing detailed test plans, checklists, and audit scopes; and,
• Coordinate fieldwork activities, including data collection, analytical reviews, and interviews with stakeholders.

Risk Assessment & Management:

• Identify significant risks affecting COTA, including those related to financial transactions, operational efficiency, and regulatory compliance;
• Evaluate the adequacy of COTA's risk management framework and recommend corrective actions to mitigate identified risks; and,
• Monitor emerging risks and suggest updates to the audit plan as necessary.

Internal Controls Evaluation:

• Assess the effectiveness of internal controls over financial reporting, operational processes, and information technology systems;
• Verify that audit findings are clearly documented, supported by adequate evidence, and aligned with professional audit standards; and,
• Provide recommendations to strengthen internal controls and enhance operational efficiency.

Compliance and Regulatory Review:

• Ensure adherence to relevant federal, state, and local regulations, including transportation safety and financial reporting requirements;
• Review compliance with COTA policies and procedures, identifying areas of non-compliance and potential operational inefficiencies; and,
• Work with external auditors and regulatory bodies as needed, facilitating audit processes and responding to inquiries.

Reporting and Communication:

• Prepare comprehensive audit reports that include findings, risk assessments, and actionable recommendations;
• Present audit results to management and the Performance Monitoring/Audit Committee, fostering a culture of transparency and continuous improvement; and,
• Follow-up on the implementation of audit recommendations to ensure corrective actions are effectively executed.

Process Improvement & Advisory:

• Assist management in developing and refining financial, operational, and IT processes to ensure efficiency and compliance;
• Serve as a trusted advisor by providing insights on emerging risks and best practices for effective internal controls; and,
• Contribute to the strategic planning process by offering recommendations to enhance organizational performance and risk management.

Technology and Data Analytics:

• Utilize data analytics and audit software to examine large datasets for trends, anomalies, and potential risks;
• Stay informed about advancements in auditing techniques and tools, integrating new methodologies to improve audit effectiveness; and,
• Ensure data integrity, confidentiality, and compliance with agency data management policies.

MINIMUM EDUCATION & EXPERIENCE REQUIRED:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A Master's degree or certification in Public Administration is a plus. Minimum of 3-5 years of internal auditing experience, preferably in a government, public sector, or transportation environment.

LICENSES & CERTIFICATIONS:

• Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) designation preferred.
• Additional certifications such as Certified Fraud Examiner (CFE) or Certified Government Auditing Professional (CGAP) are desired.

COTA is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions are based on job needs, job requirements and individual qualifications, without regard to race, color, religion or belief, sex, sexual orientation, age, genetic information, gender identity, national origin, veteran or disability status.

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