POSITION DEFINITION: Internal Auditor
The incumbent in this position has responsibilities for analyzing and gathering data for internal audit; researching regulations, Company’s policies and standards; assisting in the development of recommendations; and communicating results to the respective stakeholders. The Internal Auditor performs reviews to ensure compliance with those policies, plans, procedures, laws and regulations which could have a significant impact on the company’s operations, determines whether the respective business units are in compliance, and suggests improvements where required.
The Internal Auditor is part of a professional team that works to establish quarterly audit plans and programs and following-up on appropriate implementation of recommendations.
Subsequently, the incumbent in this position brings extensive financial and operational audit experience to perform a mix of operational audits, financial audits, and SOX work. The individual in this position also has experience in testing, measuring and evaluating of internal controls; auditing of policies, procedures, practices; maintaining risk and control documentation; process improvement; drafting reports; and working on ad hoc projects on request.
The incumbent works in an environment of routinely sensitive and confidential issues; therefore, the person in this position must have the ability to achieve policy objectives with respect to fair and equitable treatment, including accountability for confidentiality of information. As a responsible professional, the incumbent must work independently and exercise initiative and judgment in the performance of the core job responsibilities of this position. The Internal Auditor is responsible for reviewing compliance with the company’s guidelines for ethical business conduct.
The Internal Auditor is accountable to both the SOX Compliance Supervisor and the Internal Audit Manager in identifying areas of risks and opportunities in order to improve the efficiency and effectiveness of auditees’ business processes.
Essential Duties and Responsibilities
Supports the team on a wide variety of internal audits: financial, operational, information technology, environmental, management reviews, management advisory services, and special projects
Gathers and analyzes data through a variety of methods including interviews, financial research, downloads, etc.
Assists in documenting and testing company’s ongoing compliance with Sarbanes-Oxley Section 404 requirements
Performs audits through and around the J.D. Edwards One World system and the Company’s Customer Information System
Responsible for completion of individual audit projects, including development of audit programs, fieldwork, working papers, working papers, audit comments, recommendations and draft reports with minimal supervision.
Assists in development and completion of audit programs, performance of field work and preparation of working papers, audit comments and recommendations
Provides support to the company’s public accountants as necessary
Prepares comprehensive working papers in accordance with Institute of Internal Auditors (IIA) standards
Researches and understands current standards of auditing practices
Works under direction of SOX Compliance Supervisor or Internal Audit Manager
Performs other duties as assigned
Works under general supervision
Out of town travel up to 20 percent is required. Local travel to field offices is frequent
Bachelor’s Degree in Business, Accounting, Finance or closely related discipline
A minimum of three years of audit experience, preferably within a publicly traded company, a public accounting firm, or a public/ private mix, is required
Professional certification as CPA, CIA, or advanced degree preferred
If not a CPA or CIA, actively seeking to attain certification
Proficient with Microsoft Office Products software (Word/Excel/Access) is required.
Experience with the JD Edwards accounting software preferred
SOX experience is required
Competencies, Skills, Knowledge and Audit Tools & Techniques
Strong oral and written communication skills; analytical and project management skills
Flexibility to handle multiple assignments
Ability to meet established deadlines
Demonstrated problem identification and solution skills
Ability to communicate, interact and work effectively and cooperatively with all people including those from diverse ethnic and educational backgrounds
Ability to recognize the importance of safety in the workplace, follow safety rules, practice safe work habits, utilize appropriate safety equipment and report unsafe conditions to the appropriate supervisor
Understanding the business
Risk analysis and control assessment techniques
Identifying types of controls
Keeping up to date with industry and regulatory changes and professional standards
Internal audit standards
Enterprise risk management
Ability to maintain confidentiality in all aspects of the job
Audit Tools and Techniques
Risk-based audit planning
Other electronic communication
The position will require approximately 20% travel out-of-town; local travel to field offices is frequent.
May include but not limited to travel to other Company facilities, standing, climbing, walking, lifting, bending, pulling and/or pushing, grasping, reaching, stooping and crouching, sitting, typing, walking, reading, writing, color determination, speaking and listening for extended periods of time.
Qualities of a Successful Internal Auditor
Trustworthy; strong personal integrity
Demonstrates strong level accountability and ownership
Executes with discipline and urgency
Demonstrated negotiating skills
Strong written and verbal communication skills; solid presentation skills
Exhibits professionalism with internal and external contacts
Organized with strong attention to detail and time management skills
Data analysis skills including ability to use advanced features of Excel (pivot tables, graphs, charts)
High degree of initiative; self-starter