Internal Auditor

Job Summary

Under the supervision of the Internal Audit Manager, the Internal Auditor conducts and coordinates comprehensive internal financial, information technology, and compliance audits.

The Internal Auditor is responsible for conducting and coordinating comprehensive internal financial, information technology and compliance audits, which includes evaluation of internal controls.   The position is responsible for reporting the results of audits and alerting the Internal Audit Manager and the Director of Internal Audit and Risk to any conditions, which pose risks to the System.  The position is responsible for preparing work papers and documenting findings.

This position independently plans and performs complex auditing duties in the areas of risk management, control and governance.  Work involves providing assurance and consulting services to management and staff, maintaining ethical standards and maintaining effective working relationships with management and staff.  Reports resulting from audit work are distributed to the appropriate departments and presented to the Audit Committee of the Board of Trustees.  Audit work is completed in conformance with the International Standards for the Professional Practice of Internal Auditing and the Code of Ethics promulgated by the Institute of Internal Auditors.    The incumbent must possess excellent interpersonal, verbal and written communication skills in order to report audit findings to management, the Internal Audit Manager and Director of Internal Audit and Risk during and at the conclusion of audits.   The incumbent must possess knowledge of State statutes and the Comptroller’s accounting and reporting requirements in order to verify the compliance of accounting records. 

Essential Functions:

• Perform the planning activities for assigned audits which include defining the objectives and scope of the audit, documenting business processes and procedures, performing a risk and internal control evaluation, and assist in developing the audit program.
• Perform the audit procedures for assigned audits in conformance with the International Standards for the Professional Practice of Internal Auditing and the Code of Ethics promulgated by the Institute of Internal Auditors.  This includes collecting and analyzing complex data to obtain samples for analytical reviews utilizing current auditing software such as Audit Command Language (ACL); testing compliance with internal and external rules, laws and regulations; performing complex benefit calculations such as reciprocal retirement claims; assist in the complex analysis of IT work including system development, testing, and database activities as well as IT security; evaluating the internal controls; identifying and developing potential issues and recommendations; and documenting the work performed in the audit work papers as a basis for concluding on the objectives of a given engagement.
• Consults with the Internal Audit Manager during an audit regarding changes to the audit program, problems which have occurred and the progress of the audit.
• Assist with special projects as assigned by the Internal Audit Manager and/or the Director of Internal Audit & Risk.
• Discuss potential findings and observations with the Internal Audit Manager, Director of Internal Audit and Risk and appropriate management.  Compose audit reports including any potential findings and observations and review with the Internal Audit Manager and Director of Internal Audit and Risk.
• Assist in presenting audit reports including any findings and/or observations to the Executive Director, Executive Management, and the Audit Committee of the Board of Trustees.
• Participate in the follow-up of findings and observations for both internal and external audits.
• Assist in proactively reviewing and analyzing business processes pertaining to risk and controls.
• Stays abreast of changes in the Standards and Guidance, with regards to Internal Auditing, as provided by the Institute of Internal Auditors (IIA).
• Perform other audit related activities as required or assigned.

Knowledge, Skills and Abilities

• Ability to analyze and interpret data                                                                                                      
• Demonstrated written and verbal communication skills                                                                         
• Maintains a high degree of professionalism
• Excellent collaboration and team building skills
• Demonstrated time management and priority setting skills.

Minimum Requirements

• Requires a bachelor’s degree in accounting, finance, business administration, computer science or related field.
• A Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Certified Fraud Examiner (CFE) designation is preferred. 
• One to two years of audit related experience; in accounting, pension benefits, and/or information technology is preferred.
• Proficient with Microsoft Office Suite

Benefits

• State, health, dental, life, and vision insurance
• 12 vacation, 12 sick, and 3 personal time days of compensated time
• Teachers’ Retirement System Pension
• Deferred compensation plan