Internal Audit

System One is seeking an experienced Senior Manager of Internal Audit and Compliance to join our team on a contract assignment. This critical role will oversee internal audit processes, ensure compliance with government regulations, and provide strategic guidance to mitigate risk and maintain adherence to all applicable laws, policies, and contractual obligations.

The ideal candidate will possess strong leadership skills, deep knowledge of internal audit frameworks, government contracting regulations, audit, risk, and controls, and a proven track record of driving compliance excellence while managing risks across multiple business functions.

Responsibilities

Audit Management

• Lead and manage internal and assist with external audit activities, including planning, execution, and reporting.

• Coordinate with internal auditors, external auditors, and government agencies to ensure timely and efficient completion of audits.

• Perform data analytics, including data collection, analysis of trends and anomalies, and identification of key insights.

• Execute other internal audit scopes as determined by management or the audit committee.

• Assist with DCAA and third-party government audits, including audit selection review and coordination.

• Support external audit scopes such as provisional indirect rates audit, incurred cost audit (ICA), true-up audit, and compliance audit (Single Audit).

Compliance Oversight

• Ensure compliance with federal, state, and local regulations, including FAR, DCAA requirements, and other applicable standards.

• Verify completeness and accuracy of billings and evaluate cost compliance in accordance with contractual and government regulations.

Risk Management

• Identify, assess, and manage potential compliance, financial, operational, and regulatory risks.

• Develop and implement strategies to mitigate risks and protect the organization from potential liabilities.

• Lead risk assessments and collaborate with departments to address emerging risks.

• Implement corrective actions to reduce risk exposure, strengthen internal controls, and refine business processes.

Policy and Procedure Development

• Develop, review, and update compliance and risk management policies and procedures to align with regulatory requirements and industry best practices.

• Ensure consistent policy application across the organization.

Training and Guidance

• Provide training and guidance to staff on audit, compliance, and risk management requirements.

• Keep the organization informed of new and evolving regulations and standards.

Reporting and Communication

• Prepare comprehensive audit, compliance, and risk management reports for senior leadership and audit committees.

• Communicate key findings, risks, and recommendations clearly and effectively to stakeholders.

Continuous Improvement

• Identify areas for improvement in internal controls, risk management processes, and audit methodologies.

• Drive initiatives to enhance operational efficiency, effectiveness, and compliance.

Internal Risk Monitoring

• Monitor ongoing projects and operations for risk-related issues, including non-compliance, financial risks, and operational inefficiencies.

• Develop proactive action plans to address risk areas.

Collaboration with Senior Leadership

• Partner with senior leadership to align risk management strategies with business objectives.

• Foster a culture of compliance and risk awareness across the organization.

• Work cross-functionally with PMO, Procurement, Contracts, Legal, business stakeholders, and customers to resolve issues.

• Provide guidance on cost allowability, compliance with FAR, CAS, and other Federal regulations.

• Identify unallowable costs per government rules or contract terms, researching guidance when necessary.

Key Qualifications and Skills

• Minimum 12 years of experience in Internal Audit or a related function.

• Undergraduate degree in Finance or Accounting required.

• Demonstrated ability to analyze and evaluate the effectiveness of internal controls, financial record accuracy, and operational efficiency to support informed management decisions.

• Experience reviewing accounting and statistical records and conducting interviews to ensure compliance with laws and regulations.

• Proven track record in assessing and enhancing the efficiency and integrity of accounting systems.

• Strong communication, problem-solving, and leadership skills with the ability to work cross-functionally and influence at all levels of the organization.

Job Functions / Working Conditions

• Motor Abilities: Sitting and/or standing for extended periods, bending/stooping, grasping/gripping, fine motor control (hands).

• Physical exertion: Minimal; ability to safely lift up to 25 lbs.

• Repetitive work: Prolonged.

• Special Senses: Visual and audio-focused work.

• Work Conditions: Typing/keyboard, stairs, standard office or remote working environment (>8 hrs/day).

• Travel: 10–25%.

Salary : $69 - $115