Performs financial and operational internal audits and advisory activities as identified through the approved internal audit plan, reporting on areas that need improvement and suggestions to improve efficiency. Prepares recommendations for the Department Head of audited departments and reports for management and the Audit Committee. Prepares audit programs, material requests, and planning and scoping memos related to the audit. Conducts interviews with staff to obtain an understanding of operational procedures. Performs direct assistance testing as part of the year-end financial audit. All audits and reviews are to be conducted in accordance with the Internal Audit Group’s Quality Assessment and Improvement Program (and internal audit policies and procedures documented within the QAIP). The ideal candidate is a motivated self-starter who commits to ensuring best practices are in place and regularly goes above and beyond role.
- Performs financial/operational internal audits and advisory activities, as determined by the annual risk assessment approved by the Audit Committee of the National Board of Trustees.
- Executes on all elements of the audit cycle, including engagement planning, testing, and reporting.
- Verbally presents results of internal audit activities to Department Heads, leadership, and other staff at the National Office.
- Follows up on recommendations to ensure proper implementation; maintains observation tracker for National Office audits.
- Facilitates internal audit advisory activities, working closely with business process owners to achieve optimal process improvements.
- Assists in performing internal investigations and requests from regulatory agencies on an as needed basis.
- Stays abreast of process changes within the business to maintain knowledge for incorporation into internal audit activities.
- Assists with annual risk assessment to determine internal audit plan.
- Assists in preparing presentation materials for Audit Committee meetings.
- Stays aware of proposed changes to the IIA Standards and submits updates to the Internal Audit Policies and Procedures Manual (including the written QAIP) to the Director for review.
- Assists Director with quality assurance of the IA program on an as needed basis.
- Maintains hours worked on shared internal audit spreadsheet to allow for analysis of internal audit resource needs and time spent.
- Participates in 40 hours of CPE relevant to position held at CFF.
- Understands and demonstrates core competencies recognized by the IIA, including ethics, internal audit management, IPPF, governance and risk management, business acumen, improvement and innovation, and persuasion and collaboration.
- Knowledge of accounting and auditing principles in order to conduct internal audits normally acquired through completion of bachelor’s degree in accounting.
- Strong working knowledge of investment operations strongly preferred as is an area that Internal Audit will work closely with in an advisory capacity.
- Ability to present ideas logically and concisely to diverse internal audiences at all organizational levels, both verbally and in writing
- A Certified Public Accountant and/or Certified Internal Auditor certificate is required.
- Five or more years of audit work experience necessary.
- Excellent interpersonal skills necessary to deal with internal and external parties such as department heads and business process owners.
- Analytical and critical thinking skills necessary to identify innovative solutions to potential problems and carry out an effective internal audit.
- Organized with attention to detail; must have ability to multi-task.
- Maintains/improves knowledge and skills through training; identifies outside training needs/opportunities.
- Ability to conceptualize in the financial/operational arena and concentrate for 95% of work time, understand overall surrounding circumstances, and apply good judgment.
REPORTING RELATIONSHIPS:
- Director of Internal Audit.
WORKING CONDITIONS:
- Normal office environment with little exposure to excessive noise, dust, and temperature.
- Travel to conduct offsite audits as necessary, including automobile and air travel, and overnight stays.