Tennessee Valley Authority- Office of the Inspector General
Location: Knoxville and Chattanooga, Tennessee
Type: Full Time
Required Education: 4 Year Degree
Telecommuting is allowed.
Internal Number: CR 22-20
ANNOUNCEMENT: CR 22-20
Financial and Operational Auditor, Level I
Opening Date: June 22, 2022
Closing Date: July 22, 2022
Department: Financial and Operational Audits
Work Location: Knoxville or Chattanooga, Tennessee
Salary Range: $48,200-$64,200
Named one of the "Best Places to Work" in the federal government in each of the last 6 years by the Partnership for Public Service, the TVA Office of the Inspector General is a federally-mandated oversight organization charged with preventing and detecting fraud, waste, and abuse and fostering efficient and effective operations within the Tennessee Valley Authority. TVA is the largest government-owned electric utility in the United States, providing electricity to 10 million people in 7 states.
The Financial and Operational Audits department performs audits of TVA regulatory and governance processes and risk-based audits to improve program effectiveness and efficiency. Work stems largely from mandates, risk assessments, consideration of emerging issues, and requests. The Auditor, Level I is the entry level position within this team, and will work closely with more senior team members to demonstrate familiarity with all of the audit processes and tasks required.
Learns effective techniques, best practices, and OIG processes and procedures for conducting audits, reviews, and testing of TVA's financial and operational processes.
Conducts technical research regarding regulatory, compliance requirements, and technical issues relevant to the federal government, utilities, and TVA. In partnership with other team members, develops audit criteria to assess program or process risks within TVA.
Learns OIG strategic goals and behaviors, CIGIE quality standards, government auditing standards, and the requirements of the Inspector General Act. Works with other auditors to learn proper audit policies, techniques, and procedures and learns how to apply them to the TVA financial and operational programs to ensure the highest standards of ethics and integrity.
Learns how to manage assignments to meet established milestones and seeks guidance on strategies to ensure milestones and audit objectives are met.
With close supervision performs data collection and analysis while collaborating with other auditors to learn a variety of methods for data collection. Analyzes data using Microsoft Excel, and learns ACL in order to analyze data.
Builds knowledge of government auditing and department standards and learns to apply those standards to draft work papers, audit findings, and results. Assists in the taking of discussion notes and as directed, develops meeting write-ups and summaries that are clear, concise, and grammatically correct.
Learns the OIG report format. Demonstrates the ability to prepare complete and thorough documentation to include work papers, requests for audit evidence, or assisting the team lead in drafting an audit report.
Assists team leaders in preparing for entrance/exit conference interviews. Observes and participates in these meetings with more senior team members.
Learns relevant TVA business processes and points of contact related to TVA's business operations.
Observes audit planning discussions.
Becomes familiar with government auditing standards.
Observes auditors that are more experienced and learns best practices for leading an audit and effective techniques for performing supervisory review functions.
Performs other duties as assigned by management.
Performs assigned tasks in a timely manner.
Within 6-12 months, begins to perform some job tasks with minimal supervision.
Job Specific Competencies
Communication Skills - Asks effective questions and seeks guidance from senior team members. Develops ability to interview effectively, capture notes, and write written reports. Uses feedback to make improvements, and treats all team members respectfully.
Data Analysis - Learns data analysis skills and sampling techniques. Builds awareness of automated tools to assist with sampling.
Problem Solving - Collaborates with a senior team member to plan and execute an audit. Partners with team members to resolve challenges. Learns how to draw correct conclusions from audit data and fieldwork.
Leadership - Develops credibility and trusting relationships with OIG peers and team members.
Flexibility and Judgement - Asks questions and communicates with senior team members to make decisions regarding assigned audits, and demonstrates the ability to adjust audit approaches based on feedback.
Project Management and Accountability - Learns to apply project management principles such as planning and prioritization to audit projects. Consistently delivers as promised, and proactively alerts team members if there are delays.
Continuous Improvement - Asks questions to continuously build knowledge and develop a greater understanding of audit systems, policies, and work scope.
Auditing policies and procedures - Learns to apply government auditing standards and OIG policies and procedures to routine financial and operational audits. Learns how to identify TVA SPP's, professional standards and best practices that are applicable to the audit.
Finance and accounting principles - Learns to apply finance and accounting principles, best practices, policies, procedures and services. Learns how to assess risk factors for TVA programs, systems and processes. Gains familiarity with government auditing standards (GAS) as well as all other applicable professional audit standards, laws, guidelines, and controls. Ability to review and summarize financial documents.
Use of office tools and software - Learns to effectively leverage all office tools and technology to support audit work, including the following: MS Excel and ACL to analyze and organize large sets of data, MS Word to effectively document interview notes and draft reports, and proprietary document management software to maintain audit files in accordance with proper security and procedures.
Bachelor's degree required in Business, Accounting, Finance, Computer Science, Management Information Systems, Process Engineering or a related field of study.
No experience required. Internship preferred in a related field.
Must pass a background investigation.
Must possess a valid US driver's license, and travel as needed for the position.
US Citizenship required.
Must pass a pre-employment drug screening.
This job operates in a normal professional office environment and routinely uses standard office equipment, such as computers, phones, copiers, fax machines, and filing cabinets.
While performing the duties of this job the employee is regularly required to talk/hear customers, use hands to type/write, and spend prolonged periods sitting at desk, working on a computer.
TVA OIG is able to offer a flexible work environment that incorporates regular telework. In order to participate in telework, employees need to maintain a remote work environment that meets the standards required in the OIG telework program policy. Frequency of remote work may vary by employee depending on personal preference and operational needs/conditions.
How to Apply
The TVA OIG only accepts applications e-mailed to email@example.com. You can send an e-mail directly from your e-mail app; or click the apply button below, and it will create a blank e-mail in your e-mail app with an appropriate subject line.
In your e-mail, please include:
Job number in the subject line.
Attached resume and cover letter.
The source where you found the vacancy announcement.
All supporting documentation related to work authorization or veteran preference must be submitted to the OIG at firstname.lastname@example.org by the closing date of the job announcement. For more information about our office, please see our Web site at http://oig.tva.gov. For more information about TVA, please see their Web site at http://www.tva.gov.
About Tennessee Valley Authority- Office of the Inspector General
Named one of the "Best Places to Work" in the federal government in each of the last
6 years by the Partnership for Public Service, the TVA Office of the Inspector General is a federally-mandated oversight organization charged with preventing and detecting fraud, waste, and abuse and fostering efficient and effective operations within the Tennessee Valley Authority. TVA is the largest government-owned electric utility in the United States, providing electricity to 10 million people in 7 states.