Staff Auditor
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Full-time
Compensation
USD73.6k - 86.6k/year
Posted about 3 years ago
Responsibilities
Since 1979, LISC and its affiliates have invested approximately $29.7 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment, and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 38 markets with offices extending from Buffalo to San Francisco and in 2,400 rural counties across 49 states and Puerto Rico.
The Staff Auditor will be responsible for performing independent and supervised audit work, as assigned, as part of the overall internal audit plan approved by the Audit Committee. This responsibility will include assistance in: 1) gathering information and documenting process workflows; 2) evaluating existing internal control documentation; 3) performing audit testing procedures and providing recommendations; 4) assisting in the preparation of communications and internal audit reports reflecting the results of the work performed. Other duties may include coordinating audit planning work; reviewing documents and composing summary memos; identifying, developing, and documenting audit issues; and developing recommendations or solutions within organizational and technical context. Audit projects will include financial, operational, compliance, and IT processes. The Staff Auditor is expected to become very familiar with company operational and program business areas, and policies and procedures.
Responsibilities:
- Assist VP and Director of IA in performing audits across operational, financial, and programmatic internal audits throughout the phases of planning, fieldwork, reporting, and follow up.
- Design surveys, questionnaires, or other methods to collect and analyze information necessary for audit work.
- Perform audit procedures as necessary to ensure compliance with established internal control procedures, examines records, reports, operating practices, and documentation.
- Coordinate pre-audit activities with auditee and other LISC departments in order to reduce administrative burden and time delays.
- Coordinate access to internal systems and data necessary to conduct testing.
- Complete audit workpapers for documenting audit tests and findings.
- Maintain working paper documentation to support the audit procedures performed, and the conclusions reached for assigned projects.
- Conduct data analysis for operational audits performed by IA, such as variance, trend, and ratio analysis to assist in identifying conditions that may warrant further inquiry.
- Document walkthroughs of internal processes, map workflows, and summarize information gathered.
- Communicate audit progress to supervisors on regular basis, and work with IA staff to analyze and resolve audit issues in a timely fashion.
- Research industry trends and best practices as needed.
- Coordinate post-audit follow-up with auditees to ensure implementation of audit report recommendations.
- Maintain information dashboards and schedules for audit follow-up.
- Create graphics for communicating audit results and assist with preparing audit reports and communicating audit procedures performed and the conclusions reached.
- Participate in the company-wide risk assessment process and formulation of annual audit plan, including the preparation of the detailed risk register and key business process matrix.
- Adhere to LISC standards, and the Institute of Internal Auditors’ Code of Ethics, and Standards for the Professional Practice of Internal Auditing.