Internal Auditor

JOB TITLE:INTERNAL AUDITOR

DEPARTMENT: FINANCE

NON-EXEMPT: YES

FULL-TIME: YES

GRADE: L (RATE OF PAY: $78,353.60 - $93,329.60)

JOB SUMMARY: 

ESSENTIAL JOB FUNCTIONS:

• Study and evaluate internal accounting controls related to various accounting systems, determining the adequacy of controls and operating procedures.
• Assist departments and divisions in establishing bookkeeping systems to monitor expenditures.
• Review, discuss, and recommend improvements to departmental record-keeping systems to ensure accurate financial reporting and accountability.
• Conduct on-site (scheduled) audits and inventory checks at all city-owned departments. • Review and discuss changes necessary for compliance with applicable laws, regulations, and internal policies.
• Ensure compliance with regulations and internal controls by examining and analyzing records, reports, operating practices, and documentation; recommend opportunities to strengthen the internal control structure.
• Perform duties in accordance with acceptable audit standards.
• Provide management with analyses, appraisals, and recommendations. • Perform tests and audits on cash controls, fixed asset inventory, garage inventories, payroll processes, and city investments.
• Assist in coordinating work with external auditors and other departments. • Conduct pre-audit and post-audit discussions with management to evaluate audit findings and consequences.
• Prepare an annual audit plan and other reports or summaries of recommendations to management.
• Maintain compliance records and document compliance training.
• Survey departments with significant deficiencies or findings identified in external audits; evaluate root causes; and develop, coordinate, and monitor comprehensive Plans of Correction to ensure timely and sustainable remediation.
• Perform all other duties as assigned by the Audit Committee.

REQUIRED EDUCATION, DEGREES, CERTIFICATES, AND/OR LICENSE:

• Graduation from an accredited four-year college or university with a degree in accounting, finance, business or public administration, or a closely related field, and five years of progressively responsible municipal finance experience.
• Master’s degree preferred.
• CPA certification desired.
• Valid driver’s license.
• Bondable

EXPERIENCE, TRAINING, KNOWLEDGE AND SKILLS:

• Ability to communicate effectively, both orally and in writing.
• Ability to establish and maintain effective working relationships with all City of Jackson departments.
• Ability to comprehend and interpret policies, procedures, and regulations.
• Ability to work independently and exercise sound judgment.
• Knowledge of accounting and auditing theories and practices.
• Knowledge of business documentation systems and reporting.

PHYSICAL DEMANDS:

• The physical demands described here are representative of those required to successfully perform the essential functions of the job. Reasonable accommodations may be made for individuals with disabilities.
• While performing job duties, the employee is frequently required to sit, talk, hear, use hands to handle objects or controls, and reach with hands and arms. Occasional walking is required.
• The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities include close vision and the ability to adjust focus.

WORK ENVIRONMENT:

• The work environment characteristics described here are representative of those encountered while performing essential job functions. Reasonable accommodations may be made for individuals with disabilities.
• The noise level in the work environment is usually quiet.

PERFORMANCE METRICS AND EVALUATION

The Internal Auditor will be evaluated 90 days after employment, and biannually. by the Audit Committee based on the following performance standards:

• Completeness and accuracy of audit workpapers, reports, and documentation.
• Adherence to Generally Accepted Government Auditing Standards (GAGAS).
• Demonstrated ability to identify control weaknesses, compliance issues, and operational risks.

• Completion of the annual audit plan within established timelines.
• Timely follow-up on audit findings, recommendations, and Plans of Correction.
• Responsiveness to requests from the Audit Committee and department leadership.

• Thoroughness of surveys and assessments of departments with significant external audit findings.
• Quality and feasibility of developed Plans of Correction.
• Measurable improvement in departmental compliance and reduction of repeat findings.

• Clarity and professionalism of written and verbal communication.
• Ability to explain audit findings and recommendations to staff at all levels.
• Effectiveness in coordinating with external auditors and internal departments.

• Demonstrated ability to ensure adherence to policies, procedures, regulations, and internal controls.
• Success in identifying emerging risks and recommending proactive mitigation strategies.
• Maintenance of accurate compliance records and training documentation.

• Consistent exercise of sound judgment and confidentiality.
• Demonstrated independence and objectivity in all audit activities.
• Commitment to ongoing professional development and staying current with audit standards.

• Quality of assistance provided to departments in improving financial systems and internal controls.
• Ability to build constructive working relationships across the organization.
• Responsiveness to departmental needs while maintaining audit integrity.