Audit Manager

Job Purpose and Summary

This position is responsible for managing one or more components of the internal audit function, such as the Internal Audit program, data analytics, or other assigned audit services for the Pennsylvania Turnpike Commission (PTC). Work includes managing audit programs and services. Employees apply sound professional judgment in risk assessment, engagement planning, and audit conclusions. Work is performed with considerable independence and reviewed by a director for attainment of program goals and overall performance. Supervision is exercised over professional auditor staff and activities to ensure the Internal Audit function operates in conformance with the Institute of Internal Auditors’ Global Internal Audit Standards, applicable laws/regulations, and organizational policies.  

Essential Functions & Responsibilities

Manages, plans, and organizes audit staff functions including performance management, delegation of work assignments, and review of work product. 

Assigns staff to audit engagements based on risk, complexity, and competencies. Reviews work to ensure quality, accuracy,  and adherence with audit objectives and professional standards. 

Manages the planning, execution, and reporting of internal, external, and third-party audits to ensure they remain on schedule and meet quality expectations. Supports quality assurance and improvement activities, including ongoing internal assessments and coordination of external quality assessments or peer reviews.

Develops and approves audit programs and testing methodologies. Manages the collection, analysis, and evaluation of audit evidence. Drives continuous improvement of audit methodologies, tools, and processes including the use of data analytics and technology-enabled audit techniques.

Ensures audit activities are conducted in accordance with the Global Internal Audit Standards, applicable laws/regulations, and organizational policies.

Monitors organizational operations, programs, and processes to identify risks, control gaps, inefficiencies, and opportunities for improvement.

Recommends audit and advisory engagements to executive management based on emerging risks, operational changes, and strategic priorities.

Manages audits to evaluate the effectiveness of internal controls, governance processes, and the integrity of financial and operational information, including fraud risk, misconduct, and non-compliance

Reviews and approves audit findings and recommendations to ensure they are relevant, well supported, and actionable. 

Manages the annual financial audit And serves as the primary liaison between third-party auditors and internal management. 

Conducts kick-off conferences, status updates, and closing conferences with stakeholders. Fosters effective, proactive communication with process owners, executive management, third-party auditors, and other key stakeholders.

Provides guidance and consultation to executive management on complex audit, risk control, and governance matters.

Maintains awareness of changes in regulatory requirements, auditing standards, and industry best practices through continuous professional judgement.

Interprets laws, regulations, policies, and professional standards when guidance is not clearly defined. Responds to inquiries from internal and external stakeholders.

Represents the department in designated committees, planning groups, and cross-functional initiatives as assigned.

Utilizes situational awareness to anticipate and prevent accidents.    

Performs related duties as assigned.

Qualifications

Nine (9) years of experience in an Internal Audit department within an organization, within an audit practice of a public accounting firm, or closely related audit function;
OR
Five (5) years of experience an Internal Audit department within an organization, within an audit practice of a public accounting firm, or closely related audit function AND a bachelor’s degree in business administration, accounting, information technology, or related field. 
Equivalent combination of education and/or experience may be accepted.  

Must have successfully completed a minimum of twelve (12) credits in accounting, finance, information technology or a related field. 

Possession of a Certified Public Accounting (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or other professional license/certification in auditing, finance or information systems security is preferred. 

Possession of a valid driver’s license. Must obtain and maintain a valid Pennsylvania driver’s license within six (6) months of employment.

Competencies

Physical Demands and Work Environment

Position demands include frequent speaking, writing, and reading reports. Position requires frequent work at a computer utilizing business programs and PTC specific operating systems. Position may require frequent travel and/or fieldwork with exposure to roadway traffic. Occasionally works outside of normal business hours for assigned work assignments.

Office environment with low levels of noise, adequate lighting, and comfortable temperature. Field environment may include exposure to moderately adverse and undesirable conditions. Physical environment is generally safe, but safety equipment or precautions must be followed in field conditions.

Disclaimer

The information provided in this job description has been designed to indicate the general nature and level of work performed by the incumbent(s) within this job. It is not designed to be interpreted as a comprehensive inventory of all duties, responsibilities, qualifications, and working conditions required of the employee(s) assigned to this job. Management has the discretion to add or modify duties of the job and to designate other functions as essential at any time.