Contract Support Administrator - III

Level III Auditor Professional Work

This work activity is Level III Auditor professional work within Financial Audit Services (FAS), Acquisition Services, Office of Global Financial Management. FAS provides both pre-award and post award financial audit services to the client and other elements of the Intelligence Community. The contract auditor provides post-award financial audit service support to the Agency through FAS. Conducts a full range of routine to highly complex audits in accordance with GAGAS.

Responsibilities include:

• Prepares risk assessment and transaction testing plan draft for government audit manager approval and gathers and analyzes accounting records and supporting documents necessary to perform transaction testing on post award audits; performs the full range of post award audits.
• Prepares exhibits and schedules for post-award audits.
• Reviews permanent files and prior reviews to obtain background information and/or update contractor information.
• Creates the audit folder, briefs the contracts, and documents all government audit manager guidance, and conversations and meetings with requestor, program office, and contractor personnel.
• Summarizes results of audit ensuring all work papers have a purpose, scope, conclusion, and source, indexing and cross-referencing.
• Drafts comprehensive audit report for government audit manager approval, attaching exhibits and schedules as necessary which may require minimal government audit manager edits.
• Prepares final audits for government audit manager approval to expedite contract settlement. (Some audits require audit judgment to advise on closure by means other than GAGAS based audits.)
• Employs auditing techniques to include statistical sampling, regression analysis, and review of historical cost to formulate recommendation on allowability, allocability and reasonableness per the Federal Acquisition Regulations, the Cost Accounting Standards, and the Contract Terms.
• Reviews and analyzes contractor disclosure statements, post-award audits, termination audits, and other historical cost type audits.