Director Fiscal Compliance & Audit

About the role

The NYC Department for the Aging (NYC Aging) promotes and supports inclusive, safe, affordable, healthy aging. NYC Aging remains steadfast in its role and responsibility to preserve the dignity and quality of life for approximately 1.8 million diverse older New Yorkers by eliminating food insecurity, providing access to affordable, stable housing, enhancing access to quality healthcare services and protecting older New Yorkers from harm and abuse with the ultimate goal of a more age-friendly city in which older adults can age gracefully with respect.

The Bureau of Financial Services (BFS) is responsible for administering the agency's operating and capital budget. BFS oversees the Budget, Payment Services, Claiming and Revenue Accounting and Audit and Compliance Functions; ensures that funds are available for the procurement of goods and services, invoices are paid promptly, and that all funds are spent on allowable services, with reasonable and auditable costs that reflect the agency's mission; and reviews audited financial statements from providers and investigates areas of concern.

NYC Aging seeks a highly motivated Senior Manager with broad-based experience in compliance, internal and external audit, financial reporting, and programmatic fiscal processes to serve as Director of Fiscal Audit. The selected candidate for this position will use an independent, structured, and disciplined approach to adhere to reporting requirements that include Criteria, Condition, Cause, Consequence, and Correction.

Reporting to the Chief Compliance Officer on investigative matters related to fiscal oversight or of agency-wide significance. The individual will play a critical role in ensuring the effective implementation and monitoring of internal controls, risk management processes, and compliance with applicable laws and regulations.

The Director of Fiscal Compliance will report to the Chief Compliance Officer to provide recommendations for improving operational efficiency and effectiveness. Director of Fiscal Audit duties and responsibilities will include but not be limited to:

• . Directing and planning fiscal and programmatic audits and follow ups on financial findings and recommendations and questioned costs.
• . Oversee the monitoring of subcontractor's financial controls and providing of technical assistance as needed by field audits.
• . Prepare and review written reports and correspondence that are clear, concise, accurate and timely.
• . Direct, oversee, coach and develop the contract close-out and audit team on their assigned caseloads.
• . Review work prepared by auditors to ensure that it has been annotated properly and adequately support audit findings.
• . Serve as IT liaison for the Bureau of Financial Services ensuring the prompt and efficient development of new features and reports.
• . Spearhead periodic internal fiscal, program, operations audits with a goal of continuous quality improvement.
• . Improve internal control framework and trend reporting.
• . Create and revise organizational policies and procedures to comply with applicable laws and regulations; appropriately disseminate this information to staff as needed.
• .Identify activities and practices that risk violating regulations and industry standards; work alongside leadership, managers and staff to mitigate these risks.
• . Research, evaluate and determine compliance software to support this work.
• . Keep leadership and staff informed about rules and regulations by coordinating workshops, classes, and training.
• . Assist in hiring audit staff.
• . Represent the Audit and Compliance Unit as required on special projects.

Qualifications & Requirements

• A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing, and four years of satisfactory full-time professional accounting or auditing experience, at least 18 months of which must have been in an administrative, managerial, or executive capacity or supervising a staff performing accounting or auditing work; or
• A valid New York State Certified Public Accountant license and at least 18 months of satisfactory full-time professional accounting or auditing experience in an administrative, managerial or executive capacity or supervising a staff performing accounting or auditing work.