Senior Internal Auditor

Salary: $65,000.00 Annually

Description

Under the general supervision of the Internal Audit Manager, the Senior Internal Audit provides financial and operational audit support to the Virgin Islands Department of Education (VIDE), Internal Audit Division. The incumbent supports the Director or Manager of Internal Audit in advising ongoing organizational projects and initiatives as well as participating in and supporting internal audits. 

The Senior Internal Audit is responsible for the day-to-day oversight and is the primary reviewer of the Auditor work papers when executing work programs and preparing reports which documents findings and recommendations for improvements. The Senior Internal Audit is a key participant in executing the annual audit plan and aids in developing audit programs and audit scopes for projects, as needed. This position requires a confidential relationship to the policymaker. 

Duties and Responsibilities

Conducts operational, financial and compliance audits of fiscal and operational records, processes, procedures, and controls relating to accounting and fiduciary activities. 

Supervises and assist the Auditor when performing risk assessments to identify risks and determine the extent of testing procedures to be performed.

Supervises and assist the Auditor developing and executing the audit approach and design the detail audit program to achieve audit objectives.

Completes detailed reviews of all work performed by the Auditor(s).

Communicates audit findings and recommend solutions for the correction of deficiencies or improvements in operations. 

Participates in conferences with representatives of the organization audited to establish cooperative relationship and devise concerted approaches to problems.

Assists the Manager or Director in advising on ongoing organizational projects and initiatives as well as participating in and supporting internal audits 

Conducts research on Internal Audit and VIDE related matters.

Participates in special projects as assigned.

Performs other related duties.

Minimum Qualifications

• Bachelor's Degree from an accredited college or university in Accounting, Finance or Business Administration which includes 21 credits in Accounting or Auditing subjects and at least seven (7) years of progressive experience, preferably in IT auditing or information security, which should include at least two (2) years of supervisory experience.  

Position Factors

FACTOR 1- KNOWLEDGE REQUIRED BY THE POSITION

Knowledge of generally accepted accounting principles and generally accepted auditing standards, techniques, and procedures, laws, regulations, and guidelines.

Adept at managing multiple priorities and projects.

Sound organizational and planning skills with a solid attention to detail.

Ability to organize, coordinate, and execute on details.

Ability to effectively manage and participate in multiple, concurrent projects.

Excellent critical thinking, reasoning, and analytical skills.

Proficiency in Microsoft Office Word, Excel, Outlook, and any other related software programs.

Skill in effective communication, both orally and writing concisely in English.

Ability to work independently or with little supervision.

Ability to exercise sound, independent judgment in carrying out functions of the position. 

NECESSARY SPECIAL QUALIFICATIONS

CPA or CIA certification preferred.

FACTOR 2- SUPERVISORY CONTROLS

The Incumbent works under the direct supervision of the Internal Audit Manager.  The incumbent is expected to work collaboratively with the Audit team and as necessary perform audit procedures independently and exercise some degree of initiative.

FACTOR 3- GUIDELINES 

Guidelines consists of departmental rules and regulations as they relate to governmental accounting manuals, bookkeeping principles, and budgetary accounts. Generally Accepted Government Auditing Standards (GAGAS), the "Yellow Book", accounting pronouncements and guidelines issued by the Governmental Accounting Standards Board, local territorial laws and regulations, and U.S. Federal laws and regulations, case laws, statutes, records of legislative hearings, and the procedures and practices of audit entities.

FACTOR 4- COMPLEXITY 

The work of the incumbent entails contributing to audit planning and applying various methodologies when executing and/or supervising audit procedures executed by Internal Auditors. The incumbent must apply and ensure adherence to Internal Audit Standards in all phases of the audit cycle and must be able to synthesize large amounts of data and interpret VIDE and GVI's policies. The goal is to ensure audits provide an accurate and timely evaluation the department's accounts and program.

 FACTOR 5- SCOPE AND EFFECT

The purpose of work is to supervise the Internal Auditor and support the Manager or Director when executing planned audit programs of the Department. Accounts, programs, and activities within an assigned Division, whether they are administered by departmental organizations and employees, quasi-governmental organizations, or individuals or firms in the private sector. The recommendations, conclusions and findings of audits directed by the incumbent are the impetus for constructive changes in the audited entity's operations, practices, or procedures. The audits contribute directly to the economical and efficient administration of the Department.

FACTOR 6- PERSONAL CONTACTS

Contacts are co-workers, top management officials in the government and key officials in federal and quasi-governmental agencies, contractor and grantee organizations, and public accounting firms, professional organizations, and others.

FACTOR 7- PURPOSE OF CONTACTS

Contacts are made to exchange information on sensitive or controversial audits or auditing activities; to explain audit findings and recommendations having an impact on accounts, programs, and activities; to defend audit findings or activities and to justify the allocations of funds and other resources for the auditing function.

FACTOR 8- PHYSICAL DEMANDS

Work is mostly sedentary. Incumbent may travel inter-island by aircraft. 

FACTORS 9- WORK ENVIRONMENT

Work is usually performed in an office or telework setting.