Ascension LLC is seeking a detail-oriented IT Audit Analyst specializing in IT Controls and Financial Systems to support a federal client in executing OMB Circular A-123 internal controls testing and financial system validation activities. This role is critical to ensuring the integrity, reliability, and compliance of financial reporting systems and supporting the agency’s objective of achieving and maintaining an unqualified audit opinion.

The ideal candidate brings a strong foundation in IT audit, SOX/internal controls testing, and financial system environments (e.g., Oracle Federal Financials, PMS, GSS) and thrives in a structured, compliance-driven environment. This role is essential to evaluating system controls, identifying risks, and strengthening the agency’s internal control posture across mission-critical financial processes.

Position Summary

The IT Audit Analyst will support Test of Design (TOD) and Test of Operating Effectiveness (TOE) for IT systems and financial processes aligned with OMB A-123, FMFIA, and federal financial management standards.

This role requires a candidate who is analytical, methodical, and proactive in identifying control gaps and recommending remediation strategies. The analyst will work closely with program stakeholders, auditors, and leadership to ensure that internal controls are properly designed, documented, tested, and functioning effectively.

The ideal candidate is:

• Highly organized and detail-driven
• Comfortable working in audit and compliance environments
• Self-motivated and able to manage multiple priorities
• Skilled at interpreting technical controls and translating findings into actionable recommendations

Day-to-Day Activities

• Conduct IT systems control testing for financial applications (Oracle, PMS, GSS)
• Perform Test of Design (TOD) and Test of Operating Effectiveness (TOE) for internal controls
• Review system documentation, SOPs, and cycle memos to understand control environments
• Execute walkthroughs of financial system processes and IT controls
• Develop and maintain audit workpapers and testing documentation
• Analyze control effectiveness and identify deficiencies or gaps
• Apply audit techniques including inspection, inquiry, observation, and re-performance
• Utilize data analytics tools and computer-assisted audit techniques (CAATs)
• Support development of risk control matrices (RCMs) and testing strategies
• Draft audit findings, reports, and recommendations for corrective actions
• Collaborate with stakeholders to validate findings and support remediation efforts
• Contribute to bi-weekly status reporting and audit progress updates
• Support training material development for internal controls testing knowledge transfer