· Evaluate the efficiency of internal controls and operating practices related to budgeting, procurement, contracting, and project execution.
· Plan and execute internal audits of capital projects to assess compliance with policies, procedures, and regulatory requirements.
· Stay informed about company policies, industry developments, and relevant laws.
· Identify and assess risks associated with capital projects, including cost overruns, schedule delays, and scope changes.
· Perform testing of controls to determine their adequacy and effectiveness in mitigating identified risks.
· Document audit findings, including deviations from established policies and procedures, and communicate results to relevant stakeholders.
· Collaborate with project managers and other stakeholders to develop remediation plans for identified control deficiencies.
· Monitor the implementation of remediation plans to ensure timely and effective resolution of audit findings.
· Provide guidance and support to project teams on internal control best practices and compliance requirements.
· Conduct various audit steps to assess accounting, financial, and operating controls.
· Coordinate with management, administrators, and external audit agencies.
· Mentor and train audit staff.
· Stay abreast of industry developments and regulatory changes relevant to capital project management and internal audit
· Prepare formal written reports with recommendations for improving operations and identifying cost-saving opportunities.
Qualifications:
· 15 + years of experience
· Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Master's degree or professional certification (e.g., CPA, CIA) preferred.
· Relevant years of experience in internal audit, with a focus on capital projects or project management.
· Strong understanding of project management principles, methodologies, and best practices.
· Knowledge of internal control frameworks (e.g., COSO) and their application to capital project management.
· Excellent analytical and problem-solving skills, with the ability to identify risks and control deficiencies.
· Effective communication skills, both verbal and written, with the ability to present complex information clearly and concisely.
· Ability to work independently and collaboratively in a dynamic environment, managing multiple priorities and deadlines.
Proficiency in audit software and Microsoft Office applications