What are the responsibilities and job description for the Staff Internal Auditor position at LWCC?
Overview
To collaborate with LWCC’s management to provide objective assurance insight, identify significant business risks and suggest improvements using a consultative approach consistent with the Global Internal Audit Standards (promulgated by the Institute of Internal Auditors) and agreed upon LWCC procedures. Assist the Chief Internal Auditor in providing the overall direction to the internal audit function for LWCC.
Major Areas of Accountability
Personality/Working Style
Education and Experience
To collaborate with LWCC’s management to provide objective assurance insight, identify significant business risks and suggest improvements using a consultative approach consistent with the Global Internal Audit Standards (promulgated by the Institute of Internal Auditors) and agreed upon LWCC procedures. Assist the Chief Internal Auditor in providing the overall direction to the internal audit function for LWCC.
Major Areas of Accountability
- Assist the Chief Internal Auditor in developing, implementing, and administering LWCC’s overall audit plan.
- Systematically identify and assess the key strategic risks faced by LWCC.
- Analyze and evaluate the overall systems of internal control.
- Schedule and prioritize workloads.
- Assist in development and conducting preliminary survey work, analytical review, and audit sampling.
- Examine financial, information technology, and operational data, organizational structure, objectives, and control procedures to determine if:
- Resources are managed and utilized effectively and efficiently,
- Laws and regulations are complied with,
- Desired results are being achieved.
- Assist management in developing action plans to strengthen controls.
- Plan and perform follow up reviews.
- Understand internal control concepts and have experience in applying them to plan, perform, manage, and report on the evaluation of various business processes/areas/functions.
- Understand internal auditing standards, COSO, and risk assessment practices
- Maintain and apply a working knowledge of applicable laws and regulations.
- Assist the Chief Internal Auditor in maintaining written policies and procedures to assist in guiding the internal audit function.
- Perform special audits/projects as requested.
- Develop and maintain productive client and staff relationships.
Personality/Working Style
- Strong character
- Alignment with company values, mission, and vision
- Trustworthy and honest
- Decisive – ability to define problems, collect data, establish facts, and draw valid conclusions
- Curious and persistent
- Passion for innovation
- Organizational and leadership skills
- Willingness to learn
- Adaptive to changing – tolerance for ambiguity
- Desire to collaborate to achieve corporate goals
- Strong communicator
- Effective communication skills – written and oral
- Empathetic listener and open-minded
- Commitment to accountability
- Work ethic
- Project management skills
- Strong analytical skills
- Ability to work effectively with computerized information systems
- Must have an understanding of auditing standards and knowledge of business and management controls, theory, and practices
- Self-starter and capable of working independently – exercise initiative, creative thought, and sound professional judgment
Education and Experience
- Bachelor’s degree in Accounting, Finance, ISDS or Business Management
- Professional certification such as a CIA/CISA preferred
- Minimum of 2 years of internal audit or information technology audit, and/or insurance experience required
