JOB SUMMARY Manages the internal audit team. Examines and analyzes accounting records to determine financial status of establishment and prepares financial reports concerning operating procedures.
ESSENTIAL DUTIES AND RESPONSIBILITIES Performs limited testing verifying the effectiveness of established processes and procedures; confirms audit findings/observations identified through detailed testing.
Develops, trains, and identifies ways to motivate and retain audit teams as well as monitor quality of work by fostering a strong team environment and providing staff with opportunities to develop skills. Initiate policies and procedures for functional areas of responsibility.
Conducts client interviews/discussions to plan and execute audit assignments and conducts limited client interviews to understand and document processes and procedures.
Prepares detailed reports of audit findings and presents any irregularities to top management or the audit committee.
Interprets policies and procedures and applies professional accounting and auditing principles and standards to test and evaluate complex financial records and operational systems. Designs audit programs that adequately address risk and compliance with Company standards and relevant regulations.
Performs other duties as assigned.
SUPERVISORY RESPONSIBILITIES Direct responsibility for staff which includes identifying objectives and developmental opportunities, providing guidance on project assignments and completing performance evaluations. Provide guidance to team members (internal and co-source resources) on audit and special projects. Responsible for assigning project tasks and reviewing work papers to ensure conclusions are adequately supported, documentation standards met, and detailed testing performed.
EDUCATION and EXPERIENCE Bachelor's degree in business, accounting, finance or related field. 8+ years of external/internal audit and overall knowledge of general accounting and audit procedures. Real estate experience preferred.
CERTIFICATES and/or LICENSES Certified Public Accountant, or Certified Internal Auditor, or Certified Information Systems Auditor required.
COMMUNICATION SKILLS Ability to comprehend, analyze, and interpret complex business documents. Ability to write reports, and manuals in a pre-designed style and format. Ability to motivate employees and client groups to take desired action. Ability to effectively respond to sensitive issues, complex inquiries from clients, co-workers, supervisor, and/or management. Ability to make effective presentations on general topics to an internal department, large group of employees, clients, and/or management.
FINANCIAL KNOWLEDGE Understanding of Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards. Advanced analytical and quantitative skills. Ability to analyze the most complex business/financial data and develop innovative solutions. Able to forecast and prepare budgets.
REASONING ABILITY Ability to solve problems and deal with a variety of options in varying situations. Requires advanced analytical and quantitative skills.
OTHER SKILLS and ABILITIES Ability to work independently, prioritize and manage multiple assignments. Willingness and flexibility to travel (domestic and international). Knowledge of computer based controls and skills in the use of computers in conducting audit activities. Proficient in Visio, PowerPoint, EXCEL, Word and Outlook. Knowledge and proficiency in ACL and Teammate or other audit software is a plus.
SCOPE OF RESPONSIBILITY Decisions made with in-depth understanding and interpretation of procedures, company policies and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause long-term impact to co-workers, supervisor, or department.