What are the responsibilities and job description for the Internal Auditor I, II or III position at Utah Retirement Systems?
About The Company
Utah Retirement Systems provides benefits for state and other Utah Public employees through the work of two divisions. The Retirement Office administers pension and retirement benefits. PEHP Health & Benefits specializes in medical, dental, life, and other benefits. We take pride in providing a peace of mind for thousands of Utah families. We are committed to our public mission and maintaining a positive team environment. We offer a competitive salary, and our benefits far exceed what most modern employers offer.
Job Description
This position may be filled at one of the following levels, depending on qualifications and experience: • Internal Auditor I • Internal Auditor II • Internal Auditor III
POSITION SUMMARY
Provides independent, objective assurance, and consulting services designed to add value and improve the operations of URS and PEHP. Helps URS and PEHP accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Completes new limited scope audits with minimal guidance. Independently completes basic full scope audits.
ESSENTIAL JOB FUNCTIONS AND DUTIES
Maintains regular and reliable attendance.
Required Experience
Internal Auditor IBachelor’s degree in accounting, business, or related field, or an equivalent combination of education and experience performing comprehensive audits covering financial, operational, and regulatory areas.
Specific experience in IT, financial, and operational auditing preferred.
Internal Auditor II
Bachelor’s degree in accounting, business, or related field; AND three (3) years of responsible experience performing comprehensive audits covering financial, operational, and regulatory areas; OR an equivalent combination of education and experience.
Specific experience in IT, financial, and operational auditing preferred.
Certification as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Government Auditing Professional (CGAP), Certified Risk Management Assurance (CRMA), and/or Certified Fraud Examiner (CFE) is preferred.
Internal Auditor III
Bachelor’s degree in accounting, business, or related field; AND four (4) years of responsible experience performing comprehensive audits covering financial, operational, and regulatory areas; OR an equivalent combination of education and experience.
Master’s degree is preferred.
Specific experience in IT, financial, and operational auditing preferred.
Certification as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Government Auditing Professional (CGAP), Certified Risk Management Assurance (CRMA), and /or Certified Fraud Examiner (CFE) is preferred.
Knowledge, Skills, and Abilities
This list contains knowledge, skills, and abilities that are typically associated with the job. It is not all-inclusive and may vary from position to position:
Required technical skills include the working knowledge and ability of:
- Basic computer assisted auditing techniques, computer operations, and technical software applications.
- Analytical and critical thinking.
- Technical, financial, and program auditing methods, processes and procedures.
- Risk analysis techniques.
- Flow charting processes to identify and evaluate internal controls.
- Analyzing a variety of control system issues and develop recommendations.
Required mathematical skills include working knowledge of:
- Sampling theory.
- Mathematical concepts such as probability and statistical inference.
- Concepts of basic algebra.
- Generally accepted accounting principles established by Financial Accounting Standards Board (FASB) and Government Accounting Standards Board (GASB).
- Budgeting processes.
Must possess excellent communication skills:
- Draft technical reports and documents.
- Negotiation techniques.
- Communicate effectively verbally and in writing.
- Establish and maintain effective working relationships with professionals, executives (public and private), department heads, coworkers, and the public.
Must have the ability to:
- Follow written and verbal instructions.
- Prioritize work.
- Perform within deadlines.
- Work well in a team environment as well as independently.
- Multi-task by handling a variety of duties in a timely and efficient manner.
- Follow through with assignments.
- Deal effectively with stress caused by workload and time deadlines.
The incumbent must always demonstrate judgment, high integrity, and personal values consistent with the values of URS.
Work Environment
Incumbent performs in a typical office setting with appropriate climate controls. Tasks require a variety of physical activities which do not generally involve muscular strain, but do require activities related to walking, standing, stooping, sitting, reaching, talking, hearing and seeing. Common eye, hand, finger dexterity required to perform essential functions.
Position requires occasional travel for office business. Individual must be physically capable of safely operating a vehicle, possess a valid driver’s license and have an acceptable driving record based upon data provided by a current Department of Motor Vehicle Record (MVR).
As a requirement of this position, the employee will submit to the URS Investment Compliance Officer a record of trade confirmations or monthly transaction summaries, as they become available, of all security transactions (excluding mutual funds), in any account under the employee’s control and direction, or under the control and direction of the employee’s spouse.