Carter Bank & Trust
Internal Auditor
Carter Bank & Trust, Martinsville, Virginia, us, 24113
POSITION TITLE: Internal AuditorFLSA STATUS: Exempt
SUMMARY:The Internal Auditor performs internal audits under the direct supervision of the Internal Audit Manager/Director, reviews procedures, and conducts tests and analysis, preparing work papers.The Internal Auditor must display the key qualities of analytical/critical thinking and communication.The Internal Auditor adds value through process reviews and communicating results.
ESSENTIAL JOB FUNCTIONS:•Assist in the documentation of SOX Walkthroughs, conduct SOX testing, and conduct financial and operational audits•With assistance from the Internal Audit Manager, create narratives and identify associated risks and controls•Assist in the creation of the test plan, performing detailed audit tests, examining documents and records, observing operations, and conducting interviews with clients•Work to identify and analyze business risks and problem solve, prioritize and take initiative•Compile work papers that effectively document the audit process, including testing, findings, issues and conclusions; Audit work should be documented such that procedures are repeatable.•Assist Internal Audit Manager with documentation of opening and exit interviews; Track the status of open issues, perform and document procedures in order to review completion of agreed upon management action plans•Assist management with risk identification, process documentation, testing of controls, and documenting issues; Obtain management responses on issues and follow up regarding remediation.•Communicate with department representatives regarding audit and project status.•Establish and maintain effective relationships with management and internal clients.•Work as a team with Audit peers as necessary to complete assigned projects.•Attend and actively participate in organization, or job specific training•Understand client operations and business goals and objectives; Make recommendations that strengthen internal controls and mitigate risks
JOB REQUIREMENTS:•Associate's degree in Accounting, Business Administration or related field and relevant work experience preferred•Prior Internal Audit experience or relative process/project work with an emphasis on improvement preferred
KNOWLEDGE/SKILLS REQUIRED:•Basic understanding of COSO, SOX, and internal controls•Ability to perform effectively in fast-paced environment•Sound, competent critical thinking skills•Effective time management skills•Proficient knowledge of Microsoft Office•Strong verbal and written communication skills
PHYSICAL AND MENTAL QUALIFICATIONS:•Standing, walking, bending and stooping required•Must be able to sit at a desk for long periods of time and use a computer•Must be able to occasionally move or lift up to 10 pounds•May be asked to work supplemental hours periodically•Limited travel required occasionally during and after business hours
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
SUMMARY:The Internal Auditor performs internal audits under the direct supervision of the Internal Audit Manager/Director, reviews procedures, and conducts tests and analysis, preparing work papers.The Internal Auditor must display the key qualities of analytical/critical thinking and communication.The Internal Auditor adds value through process reviews and communicating results.
ESSENTIAL JOB FUNCTIONS:•Assist in the documentation of SOX Walkthroughs, conduct SOX testing, and conduct financial and operational audits•With assistance from the Internal Audit Manager, create narratives and identify associated risks and controls•Assist in the creation of the test plan, performing detailed audit tests, examining documents and records, observing operations, and conducting interviews with clients•Work to identify and analyze business risks and problem solve, prioritize and take initiative•Compile work papers that effectively document the audit process, including testing, findings, issues and conclusions; Audit work should be documented such that procedures are repeatable.•Assist Internal Audit Manager with documentation of opening and exit interviews; Track the status of open issues, perform and document procedures in order to review completion of agreed upon management action plans•Assist management with risk identification, process documentation, testing of controls, and documenting issues; Obtain management responses on issues and follow up regarding remediation.•Communicate with department representatives regarding audit and project status.•Establish and maintain effective relationships with management and internal clients.•Work as a team with Audit peers as necessary to complete assigned projects.•Attend and actively participate in organization, or job specific training•Understand client operations and business goals and objectives; Make recommendations that strengthen internal controls and mitigate risks
JOB REQUIREMENTS:•Associate's degree in Accounting, Business Administration or related field and relevant work experience preferred•Prior Internal Audit experience or relative process/project work with an emphasis on improvement preferred
KNOWLEDGE/SKILLS REQUIRED:•Basic understanding of COSO, SOX, and internal controls•Ability to perform effectively in fast-paced environment•Sound, competent critical thinking skills•Effective time management skills•Proficient knowledge of Microsoft Office•Strong verbal and written communication skills
PHYSICAL AND MENTAL QUALIFICATIONS:•Standing, walking, bending and stooping required•Must be able to sit at a desk for long periods of time and use a computer•Must be able to occasionally move or lift up to 10 pounds•May be asked to work supplemental hours periodically•Limited travel required occasionally during and after business hours
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)