Performance Auditor – Career Opportunity

Job Summary

A performance auditor job description includes conducting audits to evaluate economy, efficiency, and effectiveness of programs, researching and preparing audit proposals, collecting and analyzing performance data through various research methods, and communicating findings to stakeholders. Key skills for this role are strong analytical, critical thinking, and interpersonal abilities, with qualifications often including experience in auditing standards, program evaluation, and data analysis software.

A performance auditor's job involves Evaluating if organizations and programs are operating with economy, efficiency, and effectiveness. Responsibilities include conducting audits, analyzing data using quantitative and qualitative methods, identifying operational weaknesses, preparing reports with findings and recommendations, and communicating with stakeholders. They assess performance against established goals and best practices, and they often work in government or public sector roles.

Key responsibilities

• Conduct performance audits: Evaluate programs, projects, or organizations for economy, efficiency, and effectiveness in achieving goals and delivering value for money
• Research and planning: Prepare proposals for performance audits and identify relevant laws, policies, and criteria to guide the audit process.
• Data collection and analysis: Gather and interpret performance-related data using quantitative and qualitative research methods like interviews, questionnaires, and data analysis to identify issues and support findings.
• Reporting and communication: Document audit work and findings in working papers, prepare reports, and communicate progress and results to team leads, management, and other stakeholders.
• Identify areas for improvement: Work with teams to identify problems, determine the sufficiency of evidence, and develop recommendations for improvement.
• Plan and execute performance audits according to established standards to assess the economy, efficiency, and effectiveness of programs or operations.
• Analyze data: Review and evaluate financial and non-financial data using methods like surveys, interviews, and data analysis to understand performance and identify issues.
• Identify issues: Use judgment and analytical skills to pinpoint operational weaknesses, the root causes of underperformance, and areas for improvement.
• Prepare reports: Draft detailed audit reports that clearly communicate findings, conclusions, and actionable recommendations.
• Communicate findings: Present audit progress and results to team leaders, management, and agency representatives.
• Monitor and evaluate: Track the implementation of corrective actions and provide opinions on adjustments made by the audited entity.
• Collaborate with teams: Work with other team members to complete projects within timeframes and to achieve audit objectives.

Qualification

• Analytical and critical thinking: Ability to assess complex, multi-dimensional problems and identify root causes.
• Research and data analysis: Proficiency in qualitative and quantitative research techniques, including data analysis, surveys, and interviews.
• Communication: Strong written and oral communication skills to clearly explain complex information and build relationships with stakeholders.
• Judgment: Capacity to independently identify audit issues and determine their impact.
• Organizational skills: Ability to manage workload and coordinate with team members to meet deadlines.
• Knowledge: Understanding of audit methodologies and, in public sector roles, relevant government legislation, policies, and procedures.
• Education: A bachelor's degree in accounting, finance, public administration, or a related field is a common requirement. Some roles may prefer or require a master's degree.
• Certifications: Professional certifications are highly sought after, especially in specialized fields. Examples include:
  • Certified Internal Auditor (CIA)
  • Certified Public Accountant (CPA)
  • Certified Information Systems Auditor (CISA)
  • Certified Fraud Examiner (CFE)
• Experience: A minimum of 1-3 years of professional experience in auditing or a related area is often required, sometimes with experience in the public sector being an asset.

Skills Required:

• Accounting / Finance
• Hr / Public / Admin