Internal Auditor

OVERVIEW

Develops, implements and monitors compliance to processes, policies and procedures related to internal management controls in accordance with applicable statutes, rules and regulations to effectively and efficiently safeguard Agency operations and minimizing and mitigating risk. Work is performed under general supervision and is guided by agency policies and procedures, professional practices and public accounting, state and federal tax laws and regulations.

DUTIES AND RESPONSIBILITIES

1. Develops internal audit scope and audit plans.
2. Acquires, analyzes and evaluates accounting documentation.
3. Acts as an objective source of independent advice to ensure validity, legality and goal achievement.
4. Identifies loopholes and conducts Agency-wide risk assessments to assess organizational risk and focus on high-risk areas.
5. Prepares quality written audit reports outlining strengths and weaknesses in the control environment and compliance with goals, objectives, policy, procedures and applicable laws and regulations.
6. Presents practical recommendations to program Directors, prepares written audit reports to document findings, and evaluates responses to audit reports.
7. Plan and execute financial, operational and compliance audits to determine effectiveness of internal controls and the level of compliance with applicable statues, rules, procedures, policies and regulations.
8. Conduct entrance conferences with program Directors to review the scope of the audits.
9. Prepare interim and final audit report findings in accordance with professional auditing standards which includes findings and recommendations for remediation.
10. Identifies gaps and areas for improvement and evaluates their significance and potential business impact to improve process effectiveness.
11. Conducts follow-up reviews to evaluate implementation of audit finding recommendations.
12. Stays up-to-date with industry trends, best practices, and regulatory changes to ensure RACSB remains at the forefront of compliance and risk management.

1. Does related work as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES

Thorough knowledge of local government, non-profit or public sector auditing theories, principles, practices and methodology including professional audit standards, the development and execution of audit work plans and the evaluation of internal controls; thorough knowledge of public accounting principles, laws, regulations and practices; thorough knowledge of tax laws and regulations; thorough knowledge of the operation of the agency's programs; thorough knowledge of business management theories, principles and practices; ability to interpret and evaluate efficacy of internal controls, policies and procedures ability to operate a computer and proficiently use Microsoft Office and Excel; ability to establish and maintain effective working relationships with staff of the agency and other private and public agencies and organizations; ability to communicate effectively orally and in writing; ability to collect, compile and evaluate statistical and financial data and to prepare financial reports; ability to operate a vehicle.

TYPICAL EDUCATION, TRAINING AND WORK EXPERIENCE

Bachelor's Degree in Accounting, Business Administration or Public Administration with a minimum of 24 semester hours in Accounting and considerable professional auditing experience.

LICENSURE AND CERTIFICATIONS

Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or Certified Governmental Auditing Professional (CGAP). Valid Virginia Driver's License.