The Internal Audit provides independent, objective assurance and consulting services designed to add value and improve the Virgin Islands Housing Finance Authority (VIHFA) operations and programs including the Community Development Block Grant - Disaster Recovery (CDBG-DR) Program and other federally funded programs administered by the Authority.

ESSENTIAL FUNCTIONS:

• Conducts internal audits of VIHFA operations, programs, and federally funded activities, including but not limited to the Community Development Block Grant – Disaster Recovery (CDBG-DR) Program.
• Assists with developing and implementing the annual audit plan.
• Review and assess effectiveness and efficiency of internal controls, operational procedures, and compliance with applicable laws, policies, and grant requirements.
• Conducts fraud risk assessments and participates in investigations, as needed.
• Conducts data analysis and research to identify trends, assess risks, and inform audit priorities.
• Collaborates with external auditors and regulatory agencies, ensuring timely and accurate responses to audit inquiries and data requests.
• Prepares detailed audit programs, including defining objectives, scope, methodology, and timelines.
• Conducts internal training on fraud awareness, internal controls, and related topics.
• Prepares clear and well-documented working papers, oral briefings, and written reports outlining findings, recommendations, and corrective action plans.
• Follows up on the implementation of audit recommendations to ensure completion and effectiveness of corrective actions.
• Attends professional development training to meet continuing professional education (CPE) requirements in accordance with audit standards.
• Performs other related duties as assigned in support of the internal audit function.

EDUCATION, EXPERIENCE, AND SKILLS REQUIRED:

• Education: Bachelor’s Degree from an accredited college or university in Business Administration, Accounting or related field required.
• Experience: Minimum of 5 years of directly related accounting and auditing experience with demonstrated competence. Knowledge of Accounting Principles (GAAP), Generally Accepted Government Auditing Standards (GAGAS), Auditing Standards (GAAS), and Governmental Accounting Standards (GASB). Knowledge of applicable housing laws, financial management practices and principles, accounting, auditing, budgeting, financial analysis and research techniques. Equivalent combination of education and experience.
• Knowledge, Skills & Abilities: Ability to plan, organize and control comprehensive internal audit services; Thorough knowledge of accounting and auditing theory and process; Thorough knowledge of accounting and operating systems and controls; Ability to analyze financial records and reports to assure compliance with policies and procedures, and rules and regulations; Ability to prepare complex reports; Ability to express clearly and articulately in oral and written communication; Ability to plan, organize and meet deadlines; Ability to work independently; Ability to analyze, interpret and apply state laws, federal compliance requirements and local regulations and policies; Ability to analyze, interpret and apply laws, codes, regulations, policies and court decisions affecting the Authority; Willingness to be a team player and to be flexible; Computer literate to include Microsoft Word, Excel and Outlook; Ability to work harmoniously with other agency personnel; and Ability to maintain confidentiality in all assignments. Certified Public Accounting (CPA), Certified Internal Auditor (CIA), or Certified Fraud Examiner (CFE) designation is preferred.

SALARY: $60,000 - $75,000 per annum depending upon qualifications.

APPLICATION INSTRUCTIONS AND PROCEDURES:

Interested applicants must submit an application, cover letter, and resume/vitae electronically at [email protected]. Employment applications can be downloaded from our website at www.vihfa.gov. Deadline for application submittal is June 14, 2025; however, this position will remain open until filled. Incomplete application packages will not be considered. Selected candidates will be contacted for interview.

The Virgin Islands Housing Finance Authority is an Equal Opportunity Employer