Responsible for supporting the Magellan Federal Compliance program by evaluating areas of risk, and then testing against our policies and procedures to sustain a high level of federal contracting compliance. Manages the entire audit process, including identifying emerging issues, developing the annual internal audit plan while continuously influencing business process changes. Requires a full understanding of regulatory compliance, particularly the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation (DFARS), among other agencies’ regulations. Focuses on identifying issues with internal controls and ensuring that controls are effective at supporting business operations in a compliant manner.

• Works closely with the Local Compliance Officer in executing an annual audit plan based on compliance risk assessment and emerging issues.
• Performs audits to determine compliance with public law and other federal rules such as FAR, DFARS, and other agency regulations.
• Executes full scope audits of internal controls, processes, and operational risk areas in accordance with internal auditing standards.
• Executes Service Contract Act (SCA) Compliance audits by assessing the end-to-end workflow effectiveness, including: LCATS classifications, leave accruals and fringe benefits against wage determination entitlements.
• Conducts various systems reviews to ensure Magellan Federal can compete in all Federal procurement opportunities, specifically in cost-reimbursable contracts. These reviews l include the accounting and procurement systems, among others.
• Evaluates organizational Cost Accounting Standards compliance standards and makes recommendations for ensuring policies and procedures comply with Federal standards.
• Proactively interacts with senior leadership to gather information and resolve audit-related problems while teaming up on recommended process improvements.
• Serves as federal contracting subject matter expert and offers recommendations according to government guidelines such as the DCAA Contract Audit Manual (CAM) and industry best practices.
• Prioritizes key control areas needing immediate attention on corrective action plan.
• Prepares concise documentation and draft audit reports, including recommendations to senior management for improvements with corrective action plan as required.
• Leads audit projects through the execution of audit processes by assigning tasks and responsibilities and provides feedback on quality of work and opportunities to improve performance.
• Keeps up-to-date with changes in regulations, governance, and best practices.
• Performs other duties and/or tasks as requested by management.

10+ years of experience in Federal Contract auditing.
Bachelor's degree in Accounting, Finance or related field.
Fully proficient in compliance with the Federal Acquisition Regulation (FAR) and the Defense Federal Acquisition Regulation (DFARS), among other agencies’ regulations.
Experience as a DCAA auditor or conducting internal audits for federal government contractors.
Strong interpersonal, organizational savvy and project management skills.
Ability to research, obtain, coordinate and implement feedback from diverse operational groups into a written product.
Proven analytical and problem-solving skills.
Experience in federal contracting is a must for this position with financial, information systems and compliance. Principal Compliance Audit Manager 29 Audit Bachelors - Accounting, Bachelors - Finance CFA - Chartered Financial Analyst - Enterprise, CFE - Certified Fraud Examiner - Enterprise, CIA - Certified Internal Auditor - Enterprise, CPA - Certified Public Accountant - Enterprise $93,955 $159,725