Audit Consultant

As an Audit Consultant at Significance, you will support the Small Business Administration by providing expertise in various areas such as data analytics, internal controls, and audit techniques. Your primary responsibilities will include evaluating and ensuring compliance with OMB’s A-123 requirements, assessing risks, documenting results in a risk/control matrix, and communicating findings to stakeholders to enhance the integrity of federal programs.

To become an Audit Consultant at Significance, candidates are required to hold a Bachelor’s Degree in a related field and must possess at least three years of professional audit experience. Additionally, applicants must demonstrate proficiency in utilizing OMB’s A-123 requirements for evaluating internal controls and possess the ability and willingness to complete a federal background investigation, as US Citizenship is mandatory for this role.

The salary for the Audit Consultant position at Significance ranges from $75,000 to $83,000 per year. Your exact pay will be determined based on various factors including experience, skill set, and geographic location within the Washington, DC area, and is only one part of a comprehensive compensation package that includes additional benefits.

Yes! The Audit Consultant role at Significance is designed to be performed remotely, supporting the program with the Small Business Administration. This allows you to enjoy the flexibility of working from home while contributing your expertise in audit and internal controls from anywhere.

Significance is dedicated to fostering a vibrant workplace culture where employees feel valued and supported. With a focus on building trusted relationships, the firm encourages collaboration, innovation, and fun! Their commitment to culture has earned them recognition as one of the Best Places to Work, showcasing their dedication to employee satisfaction and engagement.

In responding to this question, be sure to detail specific instances where you've applied OMB’s A-123 requirements in your previous audit work. Discuss your approach to evaluating internal controls, how you documented your findings, and any challenges you faced. Demonstrating your familiarity and success with these requirements will resonate well with interviewers.

When answering this question, provide a structured framework that you use to identify risks, such as conducting risk assessments, evaluating control environments, and analyzing audit data. Use specific examples to illustrate your methods and outcomes, emphasizing your analytical skills and attention to detail.

To effectively communicate audit findings, consider discussing your approach to tailoring your message to different stakeholders. Mention how you can translate technical jargon into a format that is understandable by non-technical personnel and highlight any tools or technologies you've used to present data clearly and compellingly.

In your response, narrate a real-life scenario focusing on how you planned and executed the evaluation of internal controls. Highlight specific techniques used, your analysis process, and the resulting improvements that were proposed or implemented. This will showcase your problem-solving skills and attention to operational excellence.

Demonstrate your commitment to continuous professional development by discussing the resources you utilize for staying current, such as attending workshops, seminars, or following relevant online forums. Mention specific publications or industry body guidelines that you adhere to maintain compliance and quality in your audit practices.

Here, you should highlight the specific audit tools and software you have experience with, such as data analysis software or audit management systems. Discuss how you used these tools to enhance your auditing processes and improve efficiency. Providing examples of how you navigated these systems will illustrate your technical competencies.

In answering this question, emphasize your time-management strategies and how you prioritize tasks to meet deadlines. Provide examples that highlight your organizational skills and ability to work under pressure, assuring the interviewers that you can deliver quality results even on a tight schedule.

When discussing your experience with federal loan and grant programs, share any relevant projects you've worked on that illustrate your understanding of these programs. Emphasize your role, the research you conducted, and how you ensured compliance with applicable regulations and standards.

In this response, identify the core components of risk management such as risk identification, assessment, mitigation strategies, and monitoring. Relate these components to practical examples from your past work to demonstrate your understanding and how you implement these principles in your audit activities.

Your answer should reflect your alignment with Significance's values and culture. Discuss what attracted you to the company, such as its commitment to employee satisfaction, innovative solutions, or exceptional service to the federal government. Demonstrating enthusiasm for their mission can set you apart as a candidate.