Construction Audit Specialist

ADVANCEMENT OPPORTUNITIES
Manager, Internal Audit
Manager, Accounting

POSITION SUMMARY

The Internal Audit Specialist will be responsible for evaluating and ensuring the financial and operational integrity of engineering and construction projects. This role involves reviewing project budgets, contracts, invoices, and expenditures to verify compliance with contractual terms, industry standards, and regulatory requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Create a baseline of current construction projects to accurately monitor the change in projects, completion, and spend.

2. Conduct financial audits of construction projects, reviewing budgets, contracts, and invoices.

3. Verify compliance with contractual agreements, regulations, and industry standards.

4. Analyze cost estimates, change orders, calculation methodologies, and payment applications for accuracy and legitimacy.

5. Compare construction pay estimates, including subcontractor expenses, to supporting documentation to determine reasonableness, allowability, accuracy, and completeness.

6. Identify discrepancies, inefficiencies, or risks in project financials and operations.

7. Review project documentation, including schedules, technical drawings and plans, and progress reports.

8. Verify and validate the accuracy and completeness of Authority reporting on construction activities.

9. Provide recommendations to improve cost management, risk mitigation, and operational efficiency.

10. Prepare detailed audit reports to present findings to management.

11. Collaborate with project teams to address audit findings and implement corrective actions.

SUPERVISORY RESPONSIBILITIES

This position does not regularly provide work leadership or full personnel management to any employees.

FINANCIAL RESPONSIBILITY

No significant financial responsibility.

QUALIFICATIONS

EDUCATION

Bachelor’s degree in Accounting, Business, Finance, Construction Management, or Engineering.

EXPERIENCE

Two years of experience performing reviews of construction related activities and functions such as: contracting, procurement, project management, billings and payments, and project closeout.

CERTIFICATES, LICENSES, REGISTRATIONS

Valid Texas driver's license.

KNOWLEDGE

Proficient with computerized applications and enterprise systems, including word processing, spreadsheet, and presentation software.

SKILLS AND ABILITIES

Ability to learn and adapt quickly, solve complex business problems and identify innovative solutions, and exercise discretion in sensitive situations. Strong communication and interpersonal skills with good conflict management and resolution skills.

GUIDANCE RECEIVED

Follows periodic direct instructions and guidelines, uses policies and procedures that require some interpretation. Problems that cannot be addressed through an existing guideline, policy or procedure are referred to supervisor or more senior position. Incumbent must exercise judgment about whether to escalate issues.

WORKING CONDITIONS

Office environment with occasional fieldwork and travel.

TOOLS AND EQUIPMENT USED

Office equipment including personal computers, printers, copiers, and Authority vehicles.

The Trinity River flows across Texas for hundreds of miles. Providing drinking water to more than 50% of the state's population, the Trinity River is one of the most important waterways in the country. The Trinity River Authority of Texas (TRA) is proud to play an important role in preserving and developing this vital resource for Texans and the generations of Texans to come.

Established by the state Legislature in 1955, TRA provides water and wastewater treatment and recreation and reservoir facilities throughout the Trinity River Basin and maintains a master plan for basin-wide development. TRA also serves as a conduit for tax-exempt financing for municipal projects and as a local sponsor for federal water projects.

TRA is constantly working to improve water quality and remains at the forefront of cutting-edge technologies and innovations. An exciting and dynamic organization, TRA is poised for success for years to come.

TRA offers a competitive starting salary range, along with a comprehensive benefits package including insurance programs, savings programs, paid time off and holidays. Salary will be commensurate with experience and qualifications. TRA is an equal opportunity employer.