OMB A-123 Audit Consultant

As an OMB A-123 Audit Consultant at Trilogy Federal, your responsibilities include conducting financial statement audits, ensuring audit readiness, and providing compliance assessments. You'll document processes and controls and prepare ad-hoc reports while collaborating with other team members to enhance internal controls over financial reporting.

To succeed as an OMB A-123 Audit Consultant at Trilogy Federal, you should possess a Bachelor’s degree in accounting or a related field along with at least four years of relevant audit experience. Familiarity with OMB Circular A-123 is vital, and strong analytical and communication skills are essential for this role.

Yes, the OMB A-123 Audit Consultant position at Trilogy Federal is primarily remote, with the potential for 1-3 domestic business trips per year. This flexibility allows you to work efficiently from home while still engaging in valuable in-person interactions when needed.

Salaries for the OMB A-123 Audit Consultant position at Trilogy Federal range from $75,000 to $85,000, depending on experience and qualifications. This competitive pay is complemented by a robust benefits package, including health insurance and 401(k) contributions.

As an OMB A-123 Audit Consultant at Trilogy Federal, you will enjoy a comprehensive benefits package that includes health, dental, and vision plans, generous paid time off, a safe harbor 401(k) plan, tuition reimbursement, and a supportive work/life balance.

Currently, the remote OMB A-123 Audit Consultant position at Trilogy Federal is available to candidates residing in specific states including Colorado, Florida, Virginia, and others. If you live outside these states, unfortunately, remote employment may not be an option.

At Trilogy Federal, the culture is collaborative, supportive, and focused on career growth. OMB A-123 Audit Consultants are encouraged to share their insights, work in dynamic teams, and engage in ongoing training that fosters professional development.

When discussing your experience with OMB Circular A-123, start by summarizing the duration and nature of your work with it. Highlight specific instances where you implemented relevant projects, focusing on outcomes and improvements. Emphasize your ability to manage internal controls and communicate findings effectively.

In answering this question, outline your systematic approach: start with understanding the client's operations, assessing risks, planning the audit steps, and then detail the execution of the audit. Discuss your emphasis on accuracy and compliance, and any particular methodologies or tools you use.

Draw on specific examples where you identified an internal control deficiency, the steps you took to rectify it, and the impact of your intervention. Discuss collaboration with stakeholders and how you ensured processes were updated or improved effectively.

Discuss your background in compliance assessments, making sure you mention key projects. Highlight how you've identified compliance gaps, worked on remediation plans, and collaborated closely with regulatory requirements to enhance future compliance efforts.

Describe your methodology for documenting processes and controls, such as using cycle memos, flowcharts, and control evaluation matrices. Explain the importance of clarity and thoroughness in documentation for ongoing compliance and audits.

Mention any financial audit tools or software you're experienced with, such as Excel, audit management systems, or accounting software. Discuss how you utilized these tools to enhance the audit process, improve accuracy, and facilitate reporting.

Share your strategies for managing tight deadlines, such as prioritizing tasks, effective time management, and ensuring clear communication with your team. Emphasize your ability to remain organized under pressure while maintaining quality assurance.

Outline your preparation process for an external audit. Include how you review financial documents, communicate with teams, and conduct pre-audit assessments to identify potential issues before the actual audit.

Discuss your approach to stakeholder engagement, which may include regular communication, updates on audit progress, and seeking their input and feedback. Highlight the importance of transparency and collaboration throughout the audit process.

Here, illustrate your knowledge of enterprise risk management and its relevance to auditing. Discuss methodologies you’ve utilized to assess risks within organizations and how these assessments impact your audit approaches and strategies.