What are the responsibilities and job description for the Staff Auditor position at London Approach?
The Staff Internal Auditor will play a critical role in supporting the objectives of the Internal Audit function by providing independent and objective assurance and consulting services. This role is key to maintaining an effective system of internal controls and driving continuous improvement in the efficiency and effectiveness of the Company’s operations. Reporting to the Manager of Internal Audit, the Staff Internal Auditor will focus on ensuring compliance with SOX requirements and conducting operational branch audits.
Responsibilities:
- Facilitating process walkthroughs to identify, validate, and document significant classes of transactions, financial reporting risks, and key controls.
- Assisting to develop and execute detailed test steps and audit programs, including SOX workpapers and deliverables such as planning and approach memos, process narratives and/or flowcharts, testing documentation, and control deficiencies or audit observations.
- Working directly with management to obtain necessary support for SOX testing in a timely manner.
- Performing critical self-review of SOX workpapers and deliverables (e.g., controls and key report testing, third-party service provider report reviews, status summaries etc.) ensuring complete and accurate documentation, and identifying and communicating control exceptions to the Manager Internal Audit in a timely manner.
- Coordinating and monitoring progress of testing and alerting Manager of Internal Audit of any potential deviations in the execution of the plan or matters requiring consideration for changes to the plan.
- Identifying root cause of control deficiencies and recommending process improvements and providing input to the business on remediation plans to address control deficiencies.
- Monitoring the status of remediation efforts to ensure timely completion.
- Liaising with external audit team to execute direct assistance or agreed upon reliance program.
- Supporting the execution and review of branch audits.
- Assisting in the preparation of training materials, management update materials, and Audit Committee communications related to internal audit activities and management testing.
Qualifications:
- Bachelor’s degree in accounting or business-related field
- A professional designation (CPA, or 150 credit hours to sit for CPA exam, CIA, CFE) is preferred
- Minimum of 1 year of audit and accounting experience, including public accounting
- Knowledge of and experience with Sarbanes Oxley requirements
Salary : $65,000 - $75,000
