Internal Auditor

Position Information

Job Title
Internal Auditor

Classification Title

Department

Work Location
Main Campus

Duties
The Internal Auditor is responsible for the independent appraisal of the accounting, financial, and other operations as a basis for determining the adequacy of the system of internal control and ascertaining compliance with established policies and procedures of the College.
The Internal Auditor of the College exercises the necessary authority delegated by the President for the financial and operational auditing of all areas of the institution. The Internal Auditor works directly with the College's external auditors and is responsible for coordinating the annual financial statement audit.
The Internal Auditor is dedicated to the learning college concepts by developing programs and facilitating activities that promote student success and lifelong learning.

• 1. The Internal Auditor is a staff position responsible for developing, planning, and carrying out a comprehensive internal audit program.
• 2. Assists management in attaining the most efficient administration of College operations by evaluating adherence to College operating policies and procedures, and/or recommends changes to policies or procedures.
• 3. Conducts periodic checks on the reconciliation of College capital asset and bookstore inventories with the financial records and tests the inventory to the physical assets. Oversees the annual inventory count of the College's bookstore.
• 4. Determines the effectiveness of internal control procedures and recommends improvements.
• 5. Leads risk assessment efforts used to assess College risk and develop a plan to mitigate identified risks.
• 6. Coordinates the annual financial statement audit. This includes working directly with the College's external auditors, the Finance Department, and other departments across the College by gathering and tracking all audit requests. The Internal Auditor collects and reviews for accuracy all College documents requested from the external auditors prior to submission to the auditors.
• 7. Participates in the review of the College's Annual Comprehensive Financial Report and report on the College's schedule of expenditures of federal awards.
• 8. Supports the Finance Department with implementation of policies and procedures related to new GASB and regulatory updates.
• 9. Ascertains the extent of the protection, accounting for, and safeguarding of College assets.
• 10. Conducts independent, protective, and constructive audits to review effectiveness of controls, financial records and operations.
• 11. Conducts compliance and operational audits of departments and programs (including the College's state and federal grants) to determine compliance with state and federal laws;
  May conduct these audits in collaboration with the Compliance Officer.
• 12. Performs quarterly compliance testing of the College's Federal Title IV financial aid operations including eligibility, cash management, and reporting of student financial aid.
• 13. Reviews and performs test audits of ICCB credit hour claims reports prior to submission.
• 14. Performs periodic petty cash counts for departments across the College including Cashiers Office, Bookstore, Library, Fine and Performing Arts Center, and the Health, Fitness, and Recreation Center.
• 15. Coordinates and directly assists with all audits conducted by outside federal, state or local agencies, particularly the College's annual financial audit.
• 16. Develops and implements audit activities and procedures. Implements and updates accounting procedures and systems; recommends appropriate accounting treatment for year-end adjustments and closing activities.
• 17. As related to financial audit controls, evaluates the College's information systems for adequacy and effectiveness of general and application controls; tests controls; recommends improvements of information technologies and internal business processes related to financial information security.
• 18. Analyzes data obtained for evidence of deficiencies in controls, duplication of effort, or lack of compliance with College policies and procedures.
• 19. Prepares special reports and…