Internal Auditor II

As a leader in advancing New York's energy transition, the New York State Energy Research and Development Authority (NYSERDA) has remained a credible, objective and trusted partner in our state's energy planning as well as deploying new and innovative technologies to expand New York's economy. NYSERDA has worked for the past 50 years to protect the environment and help New Yorkers increase energy efficiency, lower energy costs and reduce reliance on fossil fuels. NYSERDA engages with stakeholders including residents, business owners, developers, community leaders, local government officials, universities, utilities, investors, entrepreneurs, and more, to develop, invest, and foster conditions that:

• Attract the private sector capital investment needed to expand New York's clean energy economy.
• Overcome barriers to using clean energy at a large-scale in New York.
• Enable New York's communities and residents to benefit equitably in the clean energy transition.

NYSERDA's NY Green Bank division is a specialized investment fund, dedicated to bridging financial gaps and mobilizing private capital to advance the build-out of clean energy and renewable infrastructure in New York State.

NY Green Bank collaborates with the private sector to transform financing markets. It also develops transaction structures and methodologies that overcome typical clean energy investment barriers and can serve as replicable models for other capital providers.

Job Overview

NYSERDA seeks a self-motivated and knowledgeable Internal Auditor II with more than seven years of audit experience, including meaningful exposure to investment fund operations. This role will be responsible for identifying risks, evaluating the effectiveness of internal controls, examining compliance with policies, and assessing the adequacy of governance structures related to NYSERDA's operations as well as those of the Green Bank division. The position reports to the Director of Internal Audit.

Primary Responsibilities

• Plan and execute audit and advisory activities covering compliance, financial, IT, operational, and reporting risks.
• Review key dependencies (i.e. reports, systems, processes, etc.) and analyze financial and non-financial data to assess the adequacy of controls and recommend improvements.
• Identify control weaknesses and areas for operational improvement; develop clear, actionable recommendations.
• Use a variety of audit procedures and other techniques, such as conducting interviews, making inquiries, observing activities, documenting processes and functions, testing transactions, evaluating risk, and validating assertions to form opinions, identify findings, and make meaningful recommendations.
• Assess the adequacy of controls related to NYSERDA operations, such as grant administration, contracting, program management, operations and back-office functions (Human Resources, Finance, etc.).
• Assess the adequacy of controls related to NY Green Bank activities, such as financial and investment management, fund administration, portfolio monitoring, records management, investment valuations, and reporting.
• Prepare high-quality audit workpapers and contribute to written audit reports and presentations for senior leadership.
• Assist with monitoring the implementation and effectiveness of prior audit recommendations.
• Assist with developing and updating the annual internal audit plan and risk assessment.
• Coordinate with key internal and external stakeholders as necessary to gather information, communicate findings and recommendations.
• Conduct internal assurance and advisory engagements independently or as a part of the internal audit team.
• Ability to demonstrate respect, equity and inclusive behavior and practices of a diverse workforce and community.
• Perform other responsibilities and special assignments as required.

Minimum Qualifications

• 7 years of experience in an analytical or financial role such as auditing, accounting, budgeting, financial analysis, regulatory compliance, quantitative analysis, program analysis, or similar experience.
• A Bachelor's degree or higher in accounting, finance, business, public administration or related field. A non-related degree may be considered with at least 5 years of relevant audit experience out of the total minimum required experience of 7 years.
• At least three years of work related to investment funds, fund management, or financial asset oversight.
• A strong customer orientation with excellent oral and written communication skills to work closely with various levels of staff and management throughout the Authority to evaluate and appraise NYSERDA's operations.
• Demonstrated ability to manage multiple projects and priorities under tight deadlines.
• Strong working knowledge of Microsoft Office Suite.

Preferred Qualifications

• A Master's degree in accounting, finance, business, public administration, or a related field of analytical study, or an unrelated master's degree and 5 years of relevant experience is preferred
• Exposure to grant funding, public investment vehicles, or loan programs is a plus.
• Strong understanding of complex contract terms and conditions is preferred.

Additional Qualifications

• Professional certifications, such as CFA, CIA, CFE, CPA, or other professional designation, or willingness to pursue.
• Experience auditing or evaluating the operations of public or private investment funds, such as clean energy investment programs, venture or private equity funds, mutual funds, or public pensions.
• Experience with evaluation of internal controls, business process analysis, compliance reviews, financial statement auditing, as well as grant and contract auditing.
• Familiarity with fund governance, performance measurement, valuations, and investment policy compliance.
• Understanding of information technology processes and controls, including cyber security and ITGCs.
• Experience auditing or analyzing financial systems such as PeopleSoft, or investment accounting systems.

Travel

• Approximately 15% may be required, primarily in New York State.

Please submit two files, one for your cover letter and another for a resume.

For further information on our hiring policies, employment opportunities for people with disabilities and EEO please click here Policies

Please note that during the application process, you may be prompted to opt-in to Artificial Intelligence ("AI") scoring. This is an automatic request in the ADP system but is not a feature that is used by NYSERDA in its recruiting and hiring process. Your response will have no impact on your application to NYSERDA