We have an outstanding career for opportunity for an Auditor to join a leading Company located in the Toano, VA surrounding area.
Assists the Internal Audit Manager, and/or Director in the preparation and completion of various types of audits while following the department's audit methodology. Obtains concurrence from the Internal Audit Manager, and/or Director for planned tests of key controls, and based on that assessment, works with the Internal Audit Manager, and/or Director to determine the nature, timing, and extent of substantive procedures. Provides timely communication to the Internal Audit Manager, and/or Director of key issues and significant audit findings along with variances related to hours budgeted. The Internal Auditor II may be involved in multiple audits at a time and is expected to work effectively with the Internal Audit Manager, and/or Director, including other team members, in conducting research to assist with determining the appropriate audit steps to be performed. Looking for full-time employees with a bachelor's degree or higher in accounting, finance, or business management. However, a combination of education and experience will be considered.
Responsibilities:
Completion of Objectives Assigned:
Completes specific objectives assigned, which are agreed to at the beginning of the year.
Tracks how objectives are met through specific examples during the course of the year.
Follows current audit department methodology and evaluates process within the area under review.
Identifies significant risks and key controls, and evaluates management's understanding of the significant risks and key controls for processes under their control.
Works with the audit team to develop an effective risk-based audit plan that identifies processes, related risks, and compensating controls to be tested as well as appropriate substantive test procedures to be completed.
Gains a detailed understanding of the business unit assigned, including changes in the area's operations and risk profile since the last update.
Uses the information obtained to reprioritize audit steps.
Quality of Work:
Assists with improving the management and administration of the department by ensuring the completion of audit sections within budget, allowing timely issuance of audit reports, as prescribed in the department's policies and procedures.
Prepares audit observations that are complete, clear, and concise.
Addresses pertinent and substantive issues within a reasonable time.
Ensures that the auditor-in-charge is aware of noted issues/observations so they can be discussed with management prior to the end of fieldwork.
Documents work performed and related conclusions in a complete, clear, and concise format that provides support for the audit findings, and conclusions rendered in the audit report, with assistance from the auditor-in-charge.
Identifies ways to gain audit efficiencies and share them with the audit team so that they can be incorporated into the audits.
Supervisory/Leadership Accountability:
Emphasizes a team approach to auditing.
Assists in coordinating audit activities with others, as required under the direction of the Internal Audit Manager, and/or Director.
Acts in a professional manner that exhibits confidence and commands respect when attending meetings with management and clients.
Provides feedback to the auditor-in-charge, Internal Audit Manager, and/or Director, on ways to improve the audit approach and incorporate improved efficiency in the audit process.
Administration Accountability:
Provides timely communication to the auditor-in-charge if budgets and deadlines will not be met, and tracks budget vs. actual during the course of the engagements.
Obtains additional and supporting information from client sources when significant issues are identified as part of planning and fieldwork and appropriately communicates critical and/or significant issues to the auditor-in-charge, Internal Audit Manager, and/or Director in a timely manner so that they may be addressed with management.
Provide the auditor-in-charge with timely feedback on the overall status of the assigned audit project sections as well as pending issues.
Takes ownership of assignments and sees projects through to completion.
Special Projects/Other:
Attends training courses during the year to enhance the knowledge base and participate in sharing information as part of department training.
Complete assigned training, including required tests, within the indicated timeframes.
Assists with special projects and other duties as assigned.
Approximately 10-15% travel to Bank locations and subsidiaries within central and eastern Virginia.
Basic Hiring Criteria:
Bachelor's degree or higher in Accounting, Finance, or Business Management required. CPA, CIA, CFSA, CICA, or other related designation or willingness to obtain is strongly encouraged; A combination of education and experience will be considered.
General knowledge of accounting principles is required.
Experience with or knowledge of audit and internal control procedures is preferred.
Basic knowledge of bank operations, banking regulations, and the Sarbanes-Oxley Act (SOX) is preferred.
Banking, audit, and/or SOX experience preferred. See below for desired years of audit experience, preferably in a financial services, credit, or banking environment.
Internal Auditor I: 0 - 3 years of auditing experience
Internal Auditor II: 3 - 5 years of auditing experience
Internal Auditor III: 5 - 10 years of auditing experience and 3 years of auditing in banking/financial services
Senior Internal Auditor: 10+ years in auditing and 3 years auditing in banking/financial services
Must be able to travel to all Bank locations, including subsidiaries.
Desired Qualifications:
Excellent communication, organizational, and analytical skills are required to perform successfully in this role.
Must be able to effectively utilize technology tools, such as PC and MS Office.
Able to communicate effectively with people at all levels is required.
Must be effective with time management and be detail-oriented.
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
The California Fair Chance Act
Los Angeles City Fair Chance Ordinance
Los Angeles County Fair Chance Ordinance for Employers