Auditor

26-AUD

The Regional Transportation Authority (RTA) is seeking to fill a critical role with a meticulous, analytical, and detail-oriented Auditor . This role will provide oversight for complex audit structures, compliance with federal, state and local regulations. The RTA oversees financing, secures funding, and conducts transit planning for the Chicago Transit Authority (CTA), Metra, and Pace. The RTA manages these three Service Boards’ five-year capital programs. Also, to help riders with disabilities and older adults across Cook, DuPage, Kane, Lake, McHenry, and Will counties, the agency issues Reduced Fare and Ride Free permits, assesses eligibility for ADA Paratransit service, and oversees specialized travel training support initiatives.

A new era has begun for transit in the Chicago region. The Illinois General Assembly recently passed a landmark transit funding and reform bill. This legislation includes an estimated $1.2 billion in new annual operating funding for CTA, Metra, and Pace. The bill reorganizes the transit system under a new regional authority, the Northern Illinois Transit Authority (NITA), transforming the RTA to take on new responsibilities including setting fares, enhancing and coordinating service, overseeing long-term capital planning, and leading implementation of unified rider-focused tools such as more seamless mobile ticketing (see more details ).

Under the direction of the Chief Auditor, the incumbent is a key individual in the successful completion of the audits in accordance with the Annual Audit Plan as approved by the Regional Transportation Authority Board of Directors. This position requires considerable skills in performing various types of audits simultaneously and in some instances in multiple locations. The Auditor must have practical experience performing internal audits of business processes and internal controls in a large, complex environment while maintaining a high level of quality and meeting competing deadlines. The individual must possess the business acumen and common body of knowledge expected for an Auditor and has experience in leading risk management principles, proficient writing skills, and excellent inter-personal and communication skills. In addition, the individual must be able to interpret and apply the Institute of Internal Auditors’ International Professional Practices Framework (IPPF) and the Yellow Book Generally Accepted Government Auditing Standards (GAGAS) to audit assignments and projects as applicable. The Auditor is an integral position within the RTA in providing the audit oversight as required by the RTA Act.

Responsibilities include but are not limited to:

• Assist with planning audits and developing audit programs for review of system-wide, organizational and functional activities to ensure compliance with federal, state, and local regulations and RTA ordinances. Clearly defines the audit objectives, methodology and budgets.

• Complete all assigned audit tasks using proper auditing techniques and ensuring the work is conducted in accordance with the Institute of Internal Auditors’ International Professional Practices Framework (IPPF) and the Yellow Book Generally Accepted Government Auditing Standards (GAGAS) as applicable.

• Assist with identifying areas for improvement and workable strategies for consideration in improving performance. Work closely with the manager and staff of the area under audit and the Chief Auditor, to gain commitment to implementing the management action plans.

• Conduct program compliance audits and integrated audits that include objectives relative to quality assurance, quality control, identification of fraud, waste and abuse, information technology, and business processes.

• Evaluate new processes and systems to ensure proper controls are included and project management procedures are followed to mitigate risk.

• Prepare reports that appropriately communicate findings from audits and investigations and provide recommendations for improvements in operating efficiencies and controls.

• Conduct risk and control evaluations utilizing frameworks such as, COSO, ERM and COBIT as appropriate.

• Demonstrate effective project management skills in the performance of audit activities such as audit planning, fieldwork documentation, status reports, and internal control evaluations.

Act in a manner which is consistent with the RTA’s strategic goals and objectives as developed by the Board of Directors, while providing service of the highest level to internal audit customers

• - both internal and external. Ensure the confidentiality of all information obtained in the performance of job duties.

Perform other related duties as required or assigned.

The ideal candidate must have the following:

• Master’s Degree a plus.
• Professional certifications such as the CIA, CGAP, CFE, and/or the CPA are mandatory with recent (within the last three years) experience in performing large, complex audits in a corporate or governmental setting.
• A CISA certification is a plus.
• A minimum of four to six (4 – 6) years’ experience in performing complex audits of large organizations is required.
• Experience should include audits of all facets of general business and financial processes, information technology, and transportation agency related operations.
• Experience in a team orientated environment that includes performing multiple audits in multiple locations simultaneously. Integrated auditing experience is also highly desired.
  

Skills:

• Ideal candidate will possess experience in performing audits in sensitive and confidential areas and working in challenging environments.

• Working knowledge of leading-edge audit processes and methodologies, including process mapping/flowcharting, data analysis, and risk management strategies.

• Solid knowledge of the Institute of Internal Auditors’ International Professional Practices Framework (IPPF) and the Yellow Book Generally Accepted Government Auditing Standards (GAGAS) is required.

Proven project management and leadership skills including planning, scheduling, coordinating, interviewing, reviewing and reporting of the results of audits.

The RTA offers highly competitive benefits package:

• Pension plan or 401(k) salary match provided by the RTA at no cost to you
• 401(k) and/or 457 plan options
• Hybrid work environment and flexible work schedules
• Transit benefits to support your commute
• Twelve paid holidays and one floating holiday
• Competitive personal leave package
• Parental leave
• Medical/Dental/Vision/Life/AD&D Insurance/Pet Insurance
• Flexible Spending Account
• Tuition reimbursement
• Gym membership discount
• Public Service Loan Forgiveness (PSLF) Employee Assistance Program
  

This role typically offers salaries near $76,457, and the RTA offers competitive salaries with the possibility of a higher offer for highly qualified candidates.

For more information about the RTA, visit our website at

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For assistance during the application process (e.g. password login, errors, attaching documents), please contact us at: [email protected]

An Equal Employment Opportunity/Affirmative Action Employer