Job Standard for Audit, Officer
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Audit, Officer Overview
- Work Type: Professional
- Job Code: 75188
- Pay Grade: P11
- FLSA Status: Exempt
- Career Level: Principal
- Family: Finance & Business Operations
- Function: Audit
Responsible for planning and conducting assigned audits and consulting projects. Assists the Audit Director in managing workflow of the Internal Audit office as well as assisting in developing a framework for performing the audit risk assessment and audit plan, maintaining a project tracking system, and workflow processes compliant with Internal Audit Standards.
Recognized master in professional discipline with significant impact and influence on campus policy and program development. Establishes critical strategic and operational goals; develops and implements new products, processes, standards or operational plans to achieve strategies. Regularly leads projects of critical importance to the campus; these projects carry substantial consequences of success or failure. Requires significant influence and communication with executive leadership. Problems faced are frequently complex and multidimensional, requiring broad based consideration of variables that impact multiple areas of the organization.
Bachelor’s degree plus 8 years professional experience
Knowledge, Skills, and Abilities
- Knowledge of professional accounting and auditing standards, including standards for the Professional Practice of Internal Auditing (IIA), Generally Accepted Auditing Standards (GAAS), GASB accounting and reporting standards, and Governmental Auditing Standards (Yellowbook), and Statement on Auditing Standards (AICPA). Must also have knowledge of common auditing practices used in the College and University environment.
- Knowledge of the Committee of Sponsoring Organizations Internal Control Integrated Framework.
- Ability to perform audits in accordance with accounting and auditing standards.
- Ability to work independently and in a group.
- Ability to thoroughly document audit work in accordance with professional auditing standards. This includes documentation of work performed, conclusions reached, audit issues found, and recommendations.
- Basic knowledge of fraud investigation techniques.
- The ability to handle sensitive or delicate situations confidentially and in a professional manner.
- An understanding of audit planning and workflow management
- Ability to convince audit customers of the importance of strong internal controls and to adopt IAAS recommendations.
- A basic understanding of federal grants and sponsored projects, and the processes used to audit them
- Excellent interpersonal and communication skills
60% of Time the Audit, Officer must:
- Plan and perform internal control audits of University-wide and unit level processes to ensure internal controls are properly designed and functioning to provide reasonable assurance
- Prepare formal audit reports to communicate audit results to the University President, the appropriate University Executives, and the audit client.
- Prepare annual report for the Idaho State Board of Education
- Provide consulting and advising services to University Management and University Business Units
- Develop and maintain a time budgeting and tracking system for audit project management
- Assess the University’s system for preventing, detecting, and responding to fraud
- Provide initial response to allegations of fraud, waste, and abuse
- Research changes in compliance requirements
35% of Time the Audit, Officer
- Determined by department needs
5% of Time the Audit, Officer
- Perform other duties as assigned
Work Environment and Physical Demands
Some positions may involve frequent bending, moving, lifting, and carrying material weighing up to 50 pounds; some positions may involve moving, lifting, and carrying material weighing up to 70 pounds; standing up to eight hours each day; working in all weather conditions; exposure to high noise levels and require wearing hearing protection.
Not applicable for Audit, Officer
Additional training/education or equivalent experience, as well as business need, are required for movement into higher level jobs.
Incumbent must perform the essential duties and responsibilities with or without reasonable accommodation. The above statements are intended to describe the general nature and level of work. Final employment offers are contingent upon a Final Candidate’s successful completion of a Background Verification, and a determination by the University that the information derived from the Background Verification does not disqualify the individual. In addition, a Financial History Check and Motor Vehicle Record (MVR) Check may be required.