What are the responsibilities and job description for the Senior Internal Auditor position at Wakefern Food Corp.?
Summary
This Senior Internal Auditor position will be responsible for planning and performing financial, operational, regulatory and corporate compliance, and limited technology audits that support business operations; management advisory services; special projects; interface with our external audit firms and/or other third-party providers related to assurance or advisory activities. Interact with business management on changes to business processes and systems. Participate in the development of the audit plan. Manage project assignments, budgets, and timelines to ensure the timely and effective completion of assigned projects.
This individual must be a fast learner who can work independently and collaborate well with team members. Must demonstrate strong audit skills and exhibit high-energy and motivation to work in an ever flexible and changing work environment.
Essential Functions
The core functions of this position include, but are not limited to, the following:
- Plan and execute all aspects of the audit engagement lifecycle for assigned audit and advisory projects. These activities include risk assessments, audit planning (comprises process walk-through, flowcharts & audit program development), audit testing, control evaluation, report drafting/distribution and follow-up, and verification of issue closure.
- Evaluate processes and controls for proper design and operational effectiveness & efficiency.
- Prepare work paper documentation in accordance with departmental guidelines. Review staff work papers, if applicable.
- Identify and recommend control enhancements and process improvement.
- Communicate findings and value-added recommendations for corrective action.
- Present audit results to stakeholders and agree on timeliness of corrective action implementation.
- Audit key financial & operational processes and controls.
- Utilize software (ACL, QMF for Windows, Microsoft Excel, and Active Data) for data acquisition and performing analytics for assigned audits and projects.
- Participate in location accuracy verification testing at warehouse facilities, and physical inventory observations at warehouse facilities and at retail units when requested.
- Perform assigned audit(s) for external financial statement auditors, pursuant to year-end audit procedures performed for Wakefern Food Corp.
- Attend sealed bid openings.
- Maintain financial/technical auditing proficiency through conferences/seminars, in-house courses, peer group associations and user groups.
- Provide guidance and direction to staff level auditor(s).
- Perform special projects as deemed necessary by management.
Qualifications
- A four-year college degree in Business Administration, Accounting, Finance or other like disciplines.
- Relevant professional certification (such as a CIA, CPA, CISA) strongly preferred.
- Three-five years prior audit experience.
- Understand the technical aspects of accounting and financial reporting.
- Aptitude to analyze business processes to recognize internal controls, financial and operational problems and develop feasible, cost-effective recommendations for remediation.
- Excellent PC skills which include MS Office Suite, Active Data, Visio, ACL and QMF for Windows. Knowledge and familiarity with SAP S/4 Hana, Dayforce HCM, Oracle, PeopleSoft software and Oracle SQL query software and Power BI a plus.
- Ability to leverage data analytics.
- Capacity to work independently, with limited required direction and guidance, and provide appropriate directions to other internal audit project team members.
- Demonstrates strong verbal and written communication skills to effectively present to peers and management.
- Exhibit the leadership skills needed to sell ideas and obtain management buy-in for constructive change.
- Knowledge of the Institute of Internal Auditor’s (IIA) Global Internal Audit Standards, COSO and ERM.
- Experience in performing multiple projects and working with varying team members.
Working Conditions & Physical Demands
- Periodically work in a refrigerated warehouse environment.
- Availability to work a varied, flexible schedule to meet business demands.
- Ability to work a hybrid schedule as established by the division (4 days on-site, 1 day remote).
Competencies
- Communicate Effectively
- Build Relationships
- Stay Competitive
- Embrace Change
- Develop You
- Drive For Results
