Internal Auditor II

Internal Auditor II

Agency: 695 OKLAHOMA TAX COMMISSION

Supervisory Organization: Division Directors

Job Type: Regular

Full/Part-Time: Full time

Compensation: Salary - Level I $69,000 - Level II $75,600

Job Description: Internal Auditor I/II- Headquarters

Job Summary: The Internal Auditor is assigned to conduct reviews of assigned organizational and functional activities and evaluate the adequacy and effectiveness of the management controls over these activities; determine whether organizational units in the agency are performing their planning, accounting, custodial, or control activities in compliance with management instructions, applicable statements of policy and procedures, and in a manner consistent with both agency objectives and high standards of administrative practice. The Internal Auditor will perform audits at all levels of difficulty requiring the use of independence and discretion, while seeking guidance when appropriate.

Duties and Responsibilities:

• Under supervision, conducts financial, operational, and compliance audit engagements of the Agency's internal operations
• Assists in identifying and evaluating the organization's risk areas
• Communicates the results of engagement via written reports and oral presentations to management in an objective, clear, constructive, complete, timely and accurate way
• Level I – Assists in developing audit programs and performs audit procedures
• Level I – Under supervision, plans engagements by obtaining sufficient knowledge of the business or functional process under review
• Level I – Assists to determine direction and thrust of the proposed audit effort; assists to determine the audit procedures to be used
• Level I – Obtains, analyzes, and appraises evidentiary data as a basis for an informed, objective opinion on the adequacy and effectiveness of the system and the efficiency of performance of the activities being reviewed
• Prepares detailed working papers to document the work performed and conclusions reached
• Assists in researching policies and regulations.
• Level I – Assists in making oral or written presentations to management during and at the conclusion of the examination, discussing deficiencies, recommending corrective action, and suggesting improvements in operations and reductions in costs
• Level I – Prepares audit findings to be included in formal written reports as requested, expressing opinions on the adequacy and effectiveness of the system and the efficiency with which activities are carried out
• Level I – Assists in appraising the adequacy of the corrective action taken to improve deficient conditions
• Level II – Develops audit programs and performs audit procedures
• Level II – Plans engagements by obtaining sufficient knowledge of the business or functional process under review
• Level II – Assists to plan the theory and scope of the audit and prepares an audit program, and participates in performing the audit in a professional manner and in accordance with the approved audit program
• Level II – Obtains, analyzes, approves, and appraises evidentiary data as a basis for an informed, objective opinion on the adequacy and effectiveness of the system and the efficiency of performance of the activities being reviewed
• Prepares detailed working papers to document the work performed and the conclusions reached
• Level II – Makes, or assists in making, oral or written presentations to management during and at the conclusion of the examination, discussing deficiencies, recommending corrective action, and suggesting improvements in operations and reductions in costs
• Level II – Prepares audit findings and assists to draft formal written reports, as requested, expressing opinions on the adequacy and effectiveness of the system and the efficiency with which activities are carried out
• Level II – Appraises, or assists in appraising, the adequacy of the corrective action taken to improve deficient conditions
• Represents Internal Audit on organizational project teams and projects a positive, professional image
• Continues to enhance knowledge, skills and other competencies through continuing professional development and association memberships
• Other similar duties as assigned

Level Descriptors: The Internal Auditor job family has two levels, which are distinguished by the complexity of assignments, the level of expertise required to perform the duties assigned, and the responsibility for providing leadership to others.

Level I is the career-level where employees are assigned responsibilities at the full performance level for completing or participating in a wide range of internal audit assignments. This may include independent responsibility for conducting internal audits of various functions or activities or serving as a member of an audit team in completing more complex internal audits. Duties performed will include planning, scheduling, and conducting audits as well as preparing audit reports.

Level II is the subject-matter-expert-level where employees are assigned responsibility for performing advanced level work involving a wide range of internal audit functions or activities, internal audits of an unusually complex nature, or other similar work. Responsibilities may include serving as a team leader on some assignments as well as reviewing the work of lower-level auditors. The Level II may also assist with preparing training materials and supporting the supervisor with training sessions.

Complexity of Knowledge, Skills, and Abilities: Knowledge of:

• Working knowledge of Global Internal Audit Standards, COSO, GASB, and GAAP
• Audit methodology, techniques, and theories
• Financial statements, ledgers, journals and reports
• Analytical principles and practices
• Organizational theory, functions, methods, and techniques
• Modern computer technology related to accounting systems

Skills in:

• Critical thinking and problem solving
• Analyzing complex situations and adopting an effective course of action
• Preparing and an effective presentation
• Conducting several projects simultaneously
• Expressing ideas clearly and concisely, both orally and in writing
• Microsoft Office Suite

Ability to:

• Review and analyze accounting records and business practices
• Prepare audit work papers, reports and recommendations
• Establish and maintain effective working relationships with others
• Level II – Comprehend and carry out complex accounting and auditing procedures
• Level II – Work independently with limited instruction/supervision
• Level II – Serve as subject matter export on complex audit issues
• Level II – Provide guidance and training to lower-level or new staff

Minimum Qualifications: Level I Education and Experience requirements at this level consist of:

• A bachelor's degree in accounting, finance, or related field;
• PLUS one year of professional experience in external or internal auditing;
• OR an equivalent combination of education and experience.

Level II Education and Experience requirements at this level consist of:

• A bachelor's degree in accounting, finance, or related field;
• PLUS five years of professional experience in external or internal auditing;
• OR an equivalent combination of education and experience.

Preferred Qualifications: Preference may be given to candidates who have:

• Completed a CPA or CIA certification;
• Experience with IDEA;
• OR knowledge of Global Internal Audit Standards.

Physical Demands: Ability to sit and stand for extended periods of time. Exhibit manual dexterity and hand-eye coordination to operate a computer, keyboard, photocopier, telephone, calculator and other office equipment. Ability to see and read a computer screen and printed material with or without vision aids. Ability to hear and understand speech at normal levels, with or without aids. Ability to communicate clearly. Physical ability to lift up to 15 pounds, to bend, stoop, climb stairs, walk and reach. Duties are normally performed in an office environment with a moderate noise level.

Special Requirements: This position may require occasional travel. Applicants must have reliable transportation and be willing and able to perform all job-related travel. Possession and maintenance of a valid Oklahoma State Driver's License may also be required.

Oklahoma Tax Commission's normal work hours are Monday through Friday, 7:30am to 4:30pm. This schedule may require minor flexibility based on the needs of the agency.

The primary work location will be on-site at the Oklahoma Tax Commission. Occasionally, telework may be requested based on the needs of the agency, division, and section. If applicable, applicant must be willing and able to work on-site