The Internal Audit Department's mission is to provide independent, objective assessment of the Company's system of internal control and underlying business processes. Internal Audit provides consulting activities designed to add value and improve the organization's operations.
Internal Audit will employ the Committee of Sponsoring Organizations of the Treadway Commission (COSO) 2013 Internal Control - Integrated Framework for the assessment of the effectiveness of internal control over financial reporting. Furthermore, Internal Audit will conform to the International Professional Practices Framework (IPPF) which encompasses a series of principle-focused standards to evaluate and improve the effectiveness of risk management, control and governance processes.
Conduct financial and operational audits at corporate and remote locations.
Gain an understanding of business processes, and evaluate potential risks during audit planning. Assess the procedures and controls.
Develop the audit approach to address risks identified during the planning.
Perform testing to evaluate the design and operating effectiveness of internal controls, business processes, and procedures.
Performs testing and walk-through procedures to determine company compliance on assigned Sarbanes Oxley processes: reviews and analyzes the control structure, performs walkthrough and testing procedures, documents testing results that are reviewed and often relied upon by our external auditors, and finally communicates results to the process owners.
Prepare audit reports with concise recommendations presented to and agreed by management indicating management's response and timeframe for implementation.
Evaluate the materiality of the audit deficiencies. Provide perspective for evaluating the audit deficiencies against evolving industry best practices.
Evaluates the adequacy and timeliness of management's response and the corrective actions taken on significant audit recommendations..
Conduct work in accordance with the International Standards for the Professional Practice of Internal Auditing and Code of Ethics promulgated by the Institute of Internal Auditors.
Clear and effective oral and written communication skills.
Strong analytical/quantitative skills.
Education, Experience, & Skills
Recent college graduate (Accounting, Business, or related field) with an understanding of the profession of internal audit including risk management activities.
Working Knowledge of the Sarbanes-Oxley Act of 2002.
Understanding of both current accounting (GAAP) and auditing (GAAS) principals.
Strong interpersonal skills - ability to work closely with people at all levels of the organization and facilitate the implementation of corrective action.