Internal Auditor

Internal Auditor

The Illinois Tollway is dedicated to providing and promoting a safe and efficient system of highways while ensuring the highest possible level of service to our customers. Whether it's I-PASS, the Move Illinois Program, open road tolling or keeping you safe with our H.E.L.P. trucks, we are committed to delivering great benefits and services to customers.

The Tollway is a user-fee system – no state or federal tax dollars are used to support maintenance and operations. Operations are funded by toll and concession revenues.

Under the leadership of the Board of Directors and Executive Staff, the Tollway is committed to achieving the following goals: increase collaboration with regional transportation and planning agencies, promote the regional economy, maintain financial integrity, foster environmental responsibility and sustainability, maintain the safety and efficiency of the Tollway system, further transparency and accountability, enhance customer service, and maintain public trust.

In support of this vision, the Internal Auditor is responsible for evaluating the efficiency and effectiveness of internal controls and policies of all functions of the Illinois Tollway and to determine whether Tollway policies, State, and Federal regulations are appropriately followed. The Internal Auditor performs procedures to provide assurance to Tollway management on financial, operational, administrative, and compliance internal controls. The Internal Auditor also performs consulting services as directed by Internal Audit management.

The Internal Auditor reports directly to the Internal Audit Manager.

In addition to the Illinois Fiscal Control and Internal Auditing Act (FCIAA), the Internal Auditor must be knowledgeable of and comply with the requirements of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics published by the Institute of Internal Auditors (IIA).

The incumbent must have a basic understanding of auditing /accounting standards and principles, best practices theories and techniques, internal auditing and internal controls, information systems operations and practices, management principles and techniques, general accounting or engineering systems, and/or the regulations governing its operation. The incumbent must also have the ability to furnish management with analyses, appraisals, recommendations, and the pertinent facts concerning activities reviewed. The Internal Auditor must establish and maintain effective working relationships with all levels of management and outside organizations/individuals and be able to effectively communicate both orally and in writing.

Internal Audit is responsible for effectively and efficiently managing the internal and project control functions in accordance with Tollway policies and procedures utilizing the highest ethical and professional standards. The department serves as a managerial control to measure and evaluate the effectiveness and efficiency of the organization's internal control environment. The Chief Internal Auditor (CIA) works closely with the Audit Committee, Board of Directors, Executive Director, and senior management discussing work plans and advising on the status of reviews and results achieved. Unit parameters permit considerable latitude for the exercise of independent judgment and compliance with professional standards of accounting, auditing, government, and other business practices.

Internal Audit must assess the adequacy and accuracy of internal controls and must also determine if aspects of the operations are being performed in the most efficient and effective manner possible.

Essential Job Functions

The responsibilities include but are not limited to:

• Work with the Internal Audit Manager to carry out a two-year audit plan in conformance with FCIAA and agency requirements and operational risks. Identifies limitations of self in conducting reviews. Identifies the potential need for changes in scope when issues, variables, irregularities, or discrepancies are encountered.
• Conduct financial, compliance, operational, IT, and/or other internal audits. Also perform consultation services to assess the adequacy and accuracy of internal controls.
• Create risk assessment documents, control activity workpapers, audit programs, and audit reports with findings and recommendations.
• Maintains a system of follow-up controls to ensure responsive consideration and action on audit findings and recommendations. Reports to management regarding failure to implement recommendations that could have serious impact on agency operations.
• Assists in confidential investigations and conducts audits concerning allegations of conflicts of interest, fraud, corruption, mismanagement, gross or aggravated misconduct, or conduct that may be criminal in nature by employees or vendors of the agency.
• Gathers, compiles, and analyzes, relevant data and information for cases under investigation; participates in the preparation of case reports for disciplinary or prosecutorial action with guidance from management or executive staff.
• Follows policies, procedures, and goals for engagements and assists in developing new approaches and techniques to adapt to changing requirements and laws.
• Conducts vendor and contractor compliance audits in a confidential manner.
• Attends continuing educational training that meets or exceeds requirements as set forth by the Institute of Internal Auditors (IIA) and Illinois State Internal Audit Advisory Board (SIAAB).
• Obtains and prepares reports, statements, exhibits, and other relevant information; maintains confidential records and files; ensures the security and confidentiality of such information.
• May be required to give testimony in a court of law or before an administrative tribunal as provided by State and Federal statutes, rules, or regulations.
• Performs other related duties as required or assigned.

Qualifications

Education (Required)

• Bachelor's degree in Accounting, Business, Finance, Information Technology (IT), Engineering, Construction, or a related field.

Skills and Experience (Required)

• Any equivalent combination of experience, education, and training which provides the knowledge, skill, and abilities to perform the duties of the position.
• Strong computer skills including proficiency in Microsoft Office Suite products is required.

Skills and Experience (Preferred)

• A minimum of 1-3 years auditing experience
• Demonstrated ability to manage multiple projects simultaneously.
• Strong analytical skills particularly regarding assessing the probability and impact of internal control weaknesses.
• Excellent written and oral communication skills.
• Strong Knowledge of Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), Information Systems Audit and Control Association (ISACA) standards and/or industry equivalent based on work experience.
• Ability to multi-task and is detail oriented.
• Understanding of risks and controls and the demonstrated ability to direct and/or conduct financial, operational, and compliance audits.
• Proven ability to partner with multiple stakeholders to drive results.
• Ability to prepare thorough, accurate, and clear reports of complex information and to exercise sound judgment in appraising and evaluating operations.

• Professional certification as a Certified Public Accountant (CPA), Certified Internal Auditor(CIA), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), or equivalent is a plus.

The Illinois Tollway is committed to creating a diverse environment and is proud to be an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, marital status, national origin or ancestry, disability, unfavorable discharge from military services, age, order of protection status, military status, sex or sexual orientation.