Internal Audit Specialist

The Internal Audit Specialist will evaluate and ensure the financial and operational integrity of engineering and construction projects, reviewing project budgets, contracts, invoices, and expenditures for compliance with contractual terms, industry standards, and regulatory requirements.

Requirements

• Create a baseline of current construction projects to accurately monitor the change in projects, completion, and spend.
• Conduct financial audits of construction projects, reviewing budgets, contracts, and invoices.
• Verify compliance with contractual agreements, regulations, and industry standards.
• Analyze cost estimates, change orders, calculation methodologies, and payment applications for accuracy and legitimacy.
• Compare construction pay estimates, including subcontractor expenses, to supporting documentation to determine reasonableness, allowability, accuracy, and completeness.
• Identify discrepancies, inefficiencies, or risks in project financials and operations.
• Review project documentation, including schedules, technical drawings and plans, and progress reports.
• Verify and validate the accuracy and completeness of Authority reporting on construction activities.
• Provide recommendations to improve cost management, risk mitigation, and operational efficiency.
• Prepare detailed audit reports to present findings to management.
• Collaborate with project teams to address audit findings and implement corrective actions.