Audit Analyst

The Audit Analyst at Significance is tasked with conducting analysis and remediation of audit-relevant IT systems. This includes supporting both internal and external audit engagements, compliance assessments, and ensuring alignment with financial audit readiness frameworks such as FIAR and FISCAM. The role demands a thorough understanding of systems consolidation, modernization, and IT audit processes.

To qualify for the Audit Analyst position at Significance, candidates should possess an active Secret security clearance, a four-year degree in a relevant technical field, and at least three years of progressively relevant experience. Alternatively, candidates can substitute an additional two years of experience for the educational requirement, making it accessible for various backgrounds.

At Significance, we prioritize the professional development of our Audit Analysts. With access to training resources, mentorship from industry experts, and opportunities to participate in innovative projects, you'll find an environment that cultivates growth. Our inclusive culture encourages collaboration, learning, and sharing of ideas, fostering an atmosphere where you can thrive.

Significance distinguishes itself as a great workplace for an Audit Analyst due to its unwavering commitment to fostering a positive company culture. Our company’s consistent recognition as a Best Place to Work in the Washington Business Journal reflects our dedication to employee satisfaction, teamwork, and work-life balance, making it an inspiring environment to advance your career.

As an Audit Analyst at Significance, you will engage with intricate projects that involve assessing and improving the audit readiness of critical IT systems. This includes collaborating with the Navy on major financial improvements, managing compliance audits, and implementing best practices for documentation and controls in financial systems like SAP and Oracle Federal Financials.

Discuss your specific experiences where you've contributed to financial audit readiness. Highlight any direct interactions with audit frameworks like FIAR or FISCAM, and share examples of how you've implemented solutions that supported compliance and improved system integrity.

When faced with discrepancies, it's important to maintain a systematic approach. Start by thoroughly investigating the inconsistencies, collaborating with relevant teams to gather necessary information, and documenting your findings. Communicate transparently with stakeholders and provide recommendations for corrective actions to ensure adherence to regulatory standards.

In your response, emphasize your hands-on experience with audit documentation processes. Explain how you ensure that documentation is thorough, accurate, and aligns with regulatory requirements. Provide specific examples of how your documentation efforts helped streamline audits or improved compliance.

Discuss the methodologies you employ, such as Risk Management Framework (RMF) or other audit process frameworks. Elaborate on how you assess systems for compliance, analyze risk factors, and ensure that audit controls are effectively implemented throughout the review process.

Share your level of expertise with these financial systems. Include specific tasks you've managed, types of data you've analyzed, or how you've leveraged these systems to achieve compliance or enhance the audit process. Highlight any certifications or training you've completed related to these tools.

Provide a detailed example of a challenging scenario from your previous work. Discuss the steps you took to address the issue, including gathering insights, collaborating with your team, and implementing effective solutions. Explain what you learned from the experience and how it has informed your future work in audit roles.

Prioritizing tasks during busy periods is crucial. Explain your organizational strategies, such as using project management tools, establishing timelines for deliverables, and regular check-ins with your team members to ensure everyone is aligned. Offer examples of how these techniques have helped you meet deadlines without compromising quality.

Prepare to discuss the Federal Information Systems Controls Audit Manual (FISCAM). Explain its importance in evaluating IT systems for federal agencies, and how your work as an Audit Analyst will leverage FISCAM principles to inform audits, control documentation, and compliance assessments.

Effective communication is key in audit teams. Discuss techniques you use, such as establishing clear roles, utilizing collaborative tools, and scheduling regular updates to keep everyone informed. Share specific instances where your communication skills have led to successful audits or improved team dynamics.

Mention your commitment to continuous learning by following relevant industry news, attending workshops, and networking with professionals in the field. Explain how you apply this knowledge to stay compliant and enhance the quality of audits you participate in. Highlight any specific instances where your awareness of new regulations impacted your work positively.