Internal Auditor

Job Description

JOB SUMMARY:

Responsible for performing a broad program of operational analyses involving both operational and financial audits and a variety of other analytical tasks relating to the efficient and economical operation of City government.

MAJOR RESPONSIBILITIES AND DUTIES:

Essential Functions:

Develops a flexible annual audit plan using an appropriate risk-based methodology, including any risks or control concerns identified by the City Council, and submits that plan along with any subsequent periodic changes to the City Council.

Aligns internal audit coverage with the organizations strategic, operational, compliance and financial risks, including important areas of emerging risk.

Reviews departmental administrative, financial, operational or management policies and procedures to ensure their efficient and sound conduct.

Defines audit programs; develops an understanding of the program being audited; reviews source documents and financial transactions.

Researches applicable laws, policies, guidelines, procedures, contracts and grant documents related to assigned audit; meets with key personnel to communicate audit procedures and objectives.

Reviews financial record keeping systems and processes to ensure efficiency and effectiveness and to safeguard City assets.

Analyzes program procedures; interview all levels of personnel; identifies critical procedures or processes; performs comparative studies; evaluates effectiveness of procedures in attaining objectives.

Develops recommendations and remedial action for areas of weakness; prepares written report of findings and results; presents reports to City Council and City Manager; recommends areas for future audits.

Assists as appropriate in the investigation of suspected fraudulent activities within the organization and notifies appropriate personnel of the results.

Provides fraud and ethics prevention training each year to the City employees.

Oversees the City’s fraud, waste, and abuse hotline.

Supervises, hires, evaluates, instructs, delegates duties and tasks, and monitors the audit staff, and ensure staff compliance with regulations, City policies, deadlines and auditing standards. Performs other related work as required.

MATERIALS AND EQUIPMENT USED:

Personal Computer Accounting software Copier

MINIMUM QUALIFICATIONS REQUIRED:

Education and Experience:

Graduation from an accredited college or university with a bachelor’s degree in accounting, finance or related field. Possession of one (1) of the following professional certifications is required: Certified Public Accountant, Certified Internal Auditor, Certified Fraud Examiner or other equivalent professional certification with seven (7) years of professional-level experience in internal auditing preferably working with government related organizations. At least one (1) year of experience as an in-charge auditor or an equivalent combination of training and experience. Experience supervising and/or training audit staff required.

Licenses and Certifications:

Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), and similar equivalent certifications are highly desirable.

Must possess and maintain a valid Oklahoma Driver’s license and an excellent driving record.

Knowledge:

Considerable knowledge of the principles, practices, and methods of professional accounting and auditing; governmental accounting and GASB standards; municipal budgeting, personnel administration and public administration; statistical research methodologies and cost-benefit analysis; and general organizational structure, functions and operations of municipal government.

Abilities:

Ability to read and comprehend city, state and federal regulations and municipal financial reports; and analyze accounting and administrative records relating to municipal government financial transactions. Ability to prepare clear and concise reports; communicate effectively, orally and in writing; model and facilitate a working environment that encourages awareness and respect for differences among employees and citizens; ability to establish and maintain harmonious and effective working relationships with City officials and representative of private business and public agencies. Exercise diplomacy and judgment while maintaining confidential and sensitive information. Ability to present and articulate conclusions to non-audit personnel with tact and diplomacy.

Mental and Physical Abilities:

Ability to maintain regular, predictable and punctual attendance. Performs bending, sorting, kneeling, and reaching to both ground level and overhead as required for such tasks as retrieving files; lifts and carries up to 20 pounds; pushes and pulls up to 25 pounds; must be able to hold and grip objects; may be subject to sitting for long periods of time; ability to operate a computer keyboard.

Working Environment:

Work is performed in a normal office environment where there are little or no physical discomforts associated with changes in weather or discomforts associated with noise, dust, dirt, and the like.

Class specification statements are intended to describe the general nature and level of work being performed by employees assigned to this job title. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.