Ascension LLC is seeking a mid-level Internal Controls Analyst to support federal A-123 internal controls testing, documentation, and validation efforts for a civilian agency environment. This role is critical to ensuring the client achieves and maintains compliance with OMB Circular A-123, FMFIA, ATDA, and federal financial reporting standards, while strengthening internal control effectiveness across business and IT systems.

The ideal candidate brings hands-on experience in federal audit support, internal controls testing, and financial process evaluation, with the ability to translate complex regulatory requirements into actionable insights. This position plays a vital role in helping federal leadership identify control gaps, validate control effectiveness, and support audit readiness objectives tied to financial statement assurance .

This is a strong fit for professionals who are analytical, detail-oriented, and thrive in structured yet evolving environments where compliance, risk mitigation, and mission performance intersect.

Position Summary

The Internal Controls Analyst will support end-to-end A-123 testing activities, including Test of Design (TOD) and Test of Operating Effectiveness (TOE) for key financial and IT controls. The role requires the ability to assess business processes such as payroll, vendor accruals, purchase cards, and financial systems, while ensuring compliance with federal internal control frameworks.

The ideal candidate is:

• Detail-oriented and highly organized
• Self-driven and able to work independently with minimal oversight
• Skilled in analyzing complex processes and identifying risks
• Capable of translating findings into clear, executive-ready reports

The analyst will support the client in:

• Evaluating control design and effectiveness
• Conducting walkthroughs and control testing
• Documenting findings and recommending corrective actions
• Supporting audit readiness and financial reporting integrity

Tools and processes include:

• Microsoft Excel, PowerPoint, Teams
• Risk Control Matrices (RCMs), SOPs, Cycle Memos
• Data analysis and audit sampling techniques
• Federal financial systems (e.g., Oracle Financials, BI tools)

Day-to-Day Activities

• Perform internal control testing (TOD and TOE) across financial and IT processes
• Conduct process walkthroughs and document control activities
• Review policies, SOPs, and cycle memoranda for compliance alignment
• Develop and execute test plans and audit procedures
• Analyze transaction samples using audit techniques (inspection, inquiry, reperformance)
• Identify control deficiencies and gaps and document findings
• Prepare assessment reports and executive briefings
• Track and report progress through weekly and biweekly status updates
• Support risk assessments and control environment evaluations
• Collaborate with stakeholders to recommend corrective actions and process improvements
• Assist in development of training materials for internal controls testing
• Maintain documentation in accordance with GAO Green Book and A-123 standards