INTERNAL AUDITOR

SUMMARY:

The Internal Auditor is responsible for ensuring organizational compliance with applicable laws, regulations, policies, and procedures by conducting reviews and investigations. This position is governed by state and federal laws and institution policy.

TYPICAL FUNCTIONS:

Conducts internal investigations, security reviews, and risk assessments to evaluate susceptibility of program loss through internal fraud, waste, abuse, or unauthorized use of funds and/or resources.

Reviews and analyzes efficiency of accounting and record-keeping procedures and management techniques to determine compliance with state and federal laws and organizational policies and procedures.

Conducts programmatic audits to determine effectiveness and efficiency of programs, administrative functions, operating procedures, adequacy of internal controls, and relative risk of misuse of various programs.

Prepares audit and investigation findings and reports and presents to upper level management.

Coordinates activities with external auditors, including furnishing copies of audit reports and providing requested information.

May processes requests for access to computerized data and establishes and assigns data access levels, user identifiers, and passwords.

May interface with the Arkansas Automated Statewide Information System (AASIS) for compliance with generally accepted accounting principles and state law governing public funds.

Performs other duties as assigned.

KNOWLEDGE, ABILITIES, AND SKILLS:

Knowledge of the principles and practices of accounting and financial management. Knowledge of audit standards and procedures. Knowledge of automated accounting systems and procedures. Ability to interpret and apply rules, laws, or policies in reviews and audits. Ability to evaluate fiscal operations and controls, identify areas of non-compliance with law or accepted accounting procedures, and recommend corrective actions. Ability to compile supporting documentation and prepare and present reports.

MINIMUM EDUCATION AND/OR EXPERIENCE:

The formal education equivalent of a bachelor’s degree in accounting, finance, or a related field; plus two years of experience in accounting, auditing, or a related field.

Additional requirements determined by the institution for recruiting purposes require review and approval by the Arkansas Division of Higher Education.

OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.