C&F Bank
Senior Internal Auditor
C&F Bank, Toano, Virginia, United States, 23168
Overview
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 employee 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 (60%):
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 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 (15%):
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 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 (10%):
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 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 (10%):
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 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 see projects through to completion.
Special Projects/Other (05%):
Attends training courses during the year to enhance knowledge base and participate in sharing the 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.
Qualifications Education and Experience:
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 required. Experience with or knowledge of audit and internal control procedures 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 audit
Internal Auditor II:
3 – 5 years audit
Internal Auditor III:
5 – 10 years audit and 3 years audit in banking/financial services
Senior Internal Auditor:
10+ years in audit and 3 years audit in banking/financial services
Knowledge, Skills, and Abilities:
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.
Travel
Must be able to travel to all Bank locations, including subsidiaries.
Physical demands:
Employee may experience the following physical demands for extended periods of time: view computer monitors, keyboarding, sitting, motion of fingers/hands/wrists, and standing/walking.
Work Environment:
Work is performed onsite in an operational office environment.
Note:
This job description contains the essential functions, duties, and responsibilities of the position in accordance with the Americans with Disabilities Act (ADA).
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. C&F Bank reserves the right to make future revisions to this job description and the inherent responsibilities of the position based on the needs of the organization.
Equal Employment Opportunity Statement -- C&F is committed to providing equal employment opportunity to all qualified persons and reaffirms in policy and practice that it shall not discriminate against applicants or employees because of race, color, religion, gender, age (over 40), disability, genetic information, veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans, and Vietnam era veterans), national origin, or any other consideration protected by applicable federal, state, or local law. This applies to all areas of employment, including promotion, transfer, layoff, termination, compensation, benefits, recruitment advertising, recruitment, and selection for training.
Looking for full-time employee 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 (60%):
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 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 (15%):
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 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 (10%):
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 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 (10%):
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 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 see projects through to completion.
Special Projects/Other (05%):
Attends training courses during the year to enhance knowledge base and participate in sharing the 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.
Qualifications Education and Experience:
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 required. Experience with or knowledge of audit and internal control procedures 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 audit
Internal Auditor II:
3 – 5 years audit
Internal Auditor III:
5 – 10 years audit and 3 years audit in banking/financial services
Senior Internal Auditor:
10+ years in audit and 3 years audit in banking/financial services
Knowledge, Skills, and Abilities:
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.
Travel
Must be able to travel to all Bank locations, including subsidiaries.
Physical demands:
Employee may experience the following physical demands for extended periods of time: view computer monitors, keyboarding, sitting, motion of fingers/hands/wrists, and standing/walking.
Work Environment:
Work is performed onsite in an operational office environment.
Note:
This job description contains the essential functions, duties, and responsibilities of the position in accordance with the Americans with Disabilities Act (ADA).
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. C&F Bank reserves the right to make future revisions to this job description and the inherent responsibilities of the position based on the needs of the organization.
Equal Employment Opportunity Statement -- C&F is committed to providing equal employment opportunity to all qualified persons and reaffirms in policy and practice that it shall not discriminate against applicants or employees because of race, color, religion, gender, age (over 40), disability, genetic information, veteran status (disabled veterans, recently separated veterans, active duty wartime or campaign badge veterans, Armed Forces service medal veterans, and Vietnam era veterans), national origin, or any other consideration protected by applicable federal, state, or local law. This applies to all areas of employment, including promotion, transfer, layoff, termination, compensation, benefits, recruitment advertising, recruitment, and selection for training.