Audits financial statements and other Bank financial activities. Prepares reports of all audits in accordance with guidelines approved by management and International Standards for the Professional Practice of Internal Auditing. Makes recommendations for improving and strengthening internal controls and operating procedures.
Essential Duties & Responsibilities
- Under general supervision, completes audit programs according to approved audit procedures and scope with limited supervision. Determines that Bank policies and procedures are being complied with consistently.
- Exercises judgment in field audits and makes on site adjustments to audit plans and scope. Audits Company’s public financial statements in accordance with Accounting Principles Generally Accepted in the United States (GAAP), Securities and Exchange Commission regulations and Sarbanes Oxley (SOX) regulations.
- Keeps Audit Services Management apprised of progress of audits and findings as they arise. Handles moderately complex issues and problems, and refers more complex issues to management.
- Evaluates internal controls, ensures compliance with regulatory requirements (including Sarbanes-Oxley), and identifies business risks.
- Under general supervision, assists Audit Services Management by providing recommendations for improvement in audit programs, internal controls and operating procedures.
- Completes other tasks as needed and assigned by Audit Services Management.
- Participates in proactive team efforts to achieve departmental and company goals.
- Must comply with current applicable laws, regulations and bank policies and procedures. Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources.
- Bachelor’s degree in Accounting or Finance. Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) designation required.
- Possesses solid working knowledge of financial auditing. Knowledge of banking is desirable. Minimum of two years’ experience auditing public financial statements or detailed preparation/review of financial statements within a corporation.
- Attention to detail.
- Knowledge of GAAP.
- Basic to intermediate math skills.
- Intermediate Excel, Word and Query skills.
- Minimal travel to other bank branches to complete audit programs.
- Comply with the Institute of Internal Auditors Code of Ethics and Standards.
- A significant level of trust and diplomacy is required in the position. In-depth dialogues, conversations and explanations with bank personnel and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience. Communications can involve motivating, influencing, educating and/or advising others on matters of significance.