Contracts Auditor
Grant & Government Contracts Auditor
Position Summary
The Grant & Government Contracts Auditor is responsible for conducting audits, compliance reviews, and financial examinations of grants, government-funded programs, and contractual agreements administered by the local government. This position ensures funds are expended in accordance with federal, state, and local regulations, grant requirements, contract provisions, and internal policies. The auditor evaluates internal controls, identifies risks, and provides recommendations to strengthen compliance, transparency, and accountability.
Key Responsibilities
Audit & Compliance Activities
- Conduct financial, operational, and compliance audits of grant-funded programs and government contracts.
- Review grant expenditures to ensure compliance with applicable federal, state, and local regulations.
- Evaluate contractor and subrecipient compliance with award terms, procurement requirements, reporting obligations, and performance metrics.
- Perform detailed testing of expenditures, invoices, payroll allocations, procurement transactions, and supporting documentation.
- Verify funds are used for allowable, allocable, and reasonable purposes.
Risk Assessment & Monitoring
- Assess risks associated with grant programs, contracted services, and funding agreements.
- Evaluate the effectiveness of internal controls over grant and contract administration.
- Monitor high-risk grants and contracts to identify potential fraud, waste, abuse, or noncompliance.
- Develop audit work plans based on risk assessments and regulatory requirements.
Reporting & Documentation
- Prepare audit reports detailing findings, observations, recommendations, and corrective actions.
- Present audit results to management, department leaders, elected officials, and oversight committees.
- Maintain accurate audit workpapers and documentation supporting conclusions.
- Track management responses and monitor implementation of corrective action plans.
Financial & Regulatory Review
- Review compliance with Uniform Guidance (2 CFR Part 200), state grant requirements, procurement regulations, and applicable governmental accounting standards.
- Analyze financial statements, budgets, grant reimbursement requests, and contract payment requests.
- Assist with Single Audit preparation and coordination with external auditors, where applicable.
- Research and interpret new regulatory requirements that impact grant-funded programs.
Stakeholder Collaboration
- Work collaboratively with department leaders, grant managers, finance personnel, and contract administrators.
- Provide guidance and training on grant compliance, documentation requirements, and internal controls.
- Support investigations involving potential misuse of public funds or contract noncompliance.
Qualifications
Education
- Bachelor's degree in Accounting, Finance, Auditing, Public Administration, Business Administration, or related field required.
- Master's degree preferred.
Experience
- 3+ years of auditing, accounting, grant compliance, governmental finance, or related experience.
- Experience auditing federal, state, or local government grants preferred.
- Experience with government contracting and procurement regulations preferred.
Certifications (Preferred)
- Certified Public Accountant (CPA)
- Certified Internal Auditor (CIA)
- Certified Fraud Examiner (CFE)
- Certified Government Auditing Professional (CGAP)