Contract Auditor II

Level Ii Auditor

This work activity is Level II Auditor professional work within Financial Audit Services (FAS), Acquisition Services, Office of Global Financial Management. FAS provides both pre-award and post-award financial audit services to the Agency and other elements of the Intelligence Community. The contract auditor provides post-award financial audit service support to the Agency through FAS. Conducting a wide range of routine to complex audits in accordance with Generally Accepted Government Auditing Standards (GAGAS) or functioning as an audit team member with specific assignments that support the completion of a larger, more complex audit.

Responsibilities include :

• Gathers and analyzes accounting records and supporting documents necessary to perform transaction testing on post award contract audits and performs a wide range of assigned post award audits at government's discretion.
• Prepares exhibits and schedules for post-award audits.
• Reviews permanent files and prior reviews to obtain background information and / or update contractor information.
• Creates the audit folder and documents all government audit manager guidance, and conversations and meetings with requestor, program office, and contractor personnel.
• Summarizes audit results ensuring all work papers have a purpose, scope, conclusion, and source, indexing and cross-referencing.
• Drafts audit reports for government audit manager approval, attaching exhibits and schedules as necessary which should require minimal edits.
• Prepares final audits for government audit manager approval to expedite contract settlement. (Some of these audits require audit judgment to advise on closure by means other than GAGAS based audits.)
• Employs auditing techniques to include statistical sampling, regression analysis, and review of historical cost to formulate recommendation on allowability, allocability and reasonableness per the Federal Acquisition Regulations, the Cost Accounting Standards, and the Contract Terms.
• Reviews and analyzes post-award audits.