Internal Auditor II

Job Purpose:

Perform complex internal auditing functions to plan and execute reviews of OUC’s operations and financial areas through audit and advisory projects. Identify policy and procedural deviations and opportunities to lower risk; recommend corrective action plans and report results to management.

Primary Functions:

• Partner and work with the necessary business units to develop work programs and testing strategies, while acquiring knowledge of assigned project areas;
• Plan projects: determine scope and objectives and perform data analysis, key control analysis, risk identification and risk assessment;
• Conduct fieldwork; manage various types of client communication throughout the entirety of the process (interviews, progress meetings, exit meetings, etc.);
• Evaluate internal controls to ensure compliance with OUC policies and procedures, and to identify practical and cost effective solutions to reduce risk/weaknesses/exposures;
• Evaluate operations for areas of improvement, increased efficiency, cost reduction and other improvements;
• Perform research and analysis to identify data trends, anomalies, and actionable insights;
• Evaluate project results; aggregate findings and formulate recommendations, prepare reports and present findings and recommendations to management;
• Generate status reports that update supervisor on coordinated audits, potential issues and suggested solutions to ensure work plans are implemented in a timely manner;
• Maintain productivity and project cycle time in accordance with leading internal audit practices and meet performance standards for the division in line with industry benchmarks;
• Follow-up on recommendations to ensure action plans are implemented in a timely manner;
• Conduct assistance, investigation and other special assignments when assigned by supervisor;
• Represent Internal Audit during internal projects, management meetings and when working with external organizations;
• Monitor enterprise risk to maintain awareness of auditing, accounting, regulatory and industry developments that may impact OUC;
• Perform other duties as assigned.

Technical Requirements:

• Working knowledge of all, but not limited to the following:
• Institute of Internal Auditors (IIA) International Professional Practices Framework;
• Committee of Sponsoring Organizations (COSO) and/or other professional frameworks
• Software Applications (i.e. JD Edwards EnterpriseOne (E1) or related ERP, Insight, COGNOS or related software, Oracle Customer Care & Billing (CC&B) or related CIS, TeamMate, or related audit management, ACL or related data analytics software);
• Management information systems terminology, concepts and practices;
• Accounting principles (GAAP/GAAS), regulatory compliance (NERC/FERC) and industry specific knowledge
• Workpaper Documentation (i.e. Policy & Procedures, Contracts, SOP, etc.)
• Data Analysis
• Related industry, organizational and departmental policies, practices, and procedures; legal guidelines, ordinances, and laws;
• Capable of organizing and self-management;
• Desire to continuously learn and educate;
• Able to demonstrate good judgment and negotiate;
• Possess critical and analytical thinking skills; conflict management, problem solving, and decision making skills; and perform data analysis;
• Ability to perform data analysis to include data query, data analyses, graphing, trend analysis and data segmentation.
• Generate and comprehend risk assessments, audit/review reports and various testing and fieldwork documentation;
• Ability to exhibit interpersonal skills and work well in a team;
• Effective communication skills, both verbally and written;
• Ability to make arithmetic computations using whole numbers, fractions and decimals, compute rates, ratios and percentages;
• Ability to use Microsoft Office Suite (Word, Excel, Outlook, etc.) and use standard office equipment (telephone, computer, copier, etc.).

Education/ Certification/Years of Experience Requirements:

• Bachelor’s degree in Accounting, Finance, Business Administration, Information/Systems Technology or related area of study from an accredited college or university
• Minimum of three (3) years of prior direct professional level auditing experience
• Minimum of one of the following is required:
• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)
• Certified Information Systems Auditor (CISA)

Working Conditions:

This job is absent of disagreeable conditions. This is an office work environment.

Physical Requirements:

This job requires constant sitting, speaking and hearing. This job requires constant reading, writing, detailed inspection and typing. This job requires frequent repetitive motions. This job may require occasional standing, walking, lifting up to twenty (20) lbs., and bending/ stooping. This job may require occasional reaching over head, climbing, and driving a company vehicle.