Internal Auditor

Carter Bank; Martinsville (VA); On-site; USD 43,000 - 74,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k)

Paid time off

Paid holidays

Disability coverage

Job summary

Carter Bank in Martinsville, VA seeks an Internal Auditor to conduct internal audits under the guidance of the Audit Manager/Director, review procedures, and prepare work papers. You will analyze processes and communicate results to strengthen controls and mitigate risks.

The role emphasizes analytical thinking, clear communication, and teamwork, with opportunities to perform SOX testing and assist in test planning and execution across multiple audits.

Qualifications

• Associate’s degree in Accounting, Business Administration or related field and relevant work experience preferred
• Prior Internal Audit experience or relative process/project work with an emphasis on improvement preferred

Responsibilities

• Assist in the documentation of SOX Walkthroughs, conduct SOX testing, and conduct financial and operational audits
• With assistance from the Internal Audit Manager, create narratives and identify associated risks and controls
• Assist in the creation of the test plan, performing detailed audit tests, examining documents and records, observing operations, and conducting interviews with clients
• Work to identify and analyze business risks and problem solve, prioritize and take initiative
• Compile work papers that effectively document the audit process, including testing, findings, issues and conclusions; Audit work should be documented such that procedures are repeatable.
• Assist Internal Audit Manager with documentation of opening and exit interviews; Track the status of open issues, perform and document procedures in order to review completion of agreed upon management action plans
• Assist management with risk identification, process documentation, testing of controls, and documenting issues; Obtain management responses on issues and follow up regarding remediation.
• Communicate with department representatives regarding audit and project status.
• Establish and maintain effective relationships with management and internal clients.
• Work as a team with Audit peers as necessary to complete assigned projects.
• Attend and actively participate in organization, or job specific training
• Understand client operations and business goals and objectives; Make recommendations that strengthen internal controls and mitigate risks

Skills

COSO knowledge

SOX testing

Internal controls

Critical thinking

Communication skills

MS Office

Time management

Education

Associate degree in Accounting or related field

Job description

SUMMARY

The Internal Auditor performs internal audits under the direct supervision of the Internal Audit Manager/Director, reviews procedures, and conducts tests and analysis, preparing work papers.

The Internal Auditor must display the key qualities of analytical/critical thinking and communication. The Internal Auditor adds value through process reviews and communicating results.

ESSENTIAL JOB FUNCTIONS

• Assist in the documentation of SOX Walkthroughs, conduct SOX testing, and conduct financial and operational audits
• With assistance from the Internal Audit Manager, create narratives and identify associated risks and controls
• Assist in the creation of the test plan, performing detailed audit tests, examining documents and records, observing operations, and conducting interviews with clients
• Work to identify and analyze business risks and problem solve, prioritize and take initiative
• Compile work papers that effectively document the audit process, including testing, findings, issues and conclusions; Audit work should be documented such that procedures are repeatable.
• Assist Internal Audit Manager with documentation of opening and exit interviews; Track the status of open issues, perform and document procedures in order to review completion of agreed upon management action plans
• Assist management with risk identification, process documentation, testing of controls, and documenting issues; Obtain management responses on issues and follow up regarding remediation.
• Communicate with department representatives regarding audit and project status.
• Establish and maintain effective relationships with management and internal clients.
• Work as a team with Audit peers as necessary to complete assigned projects.
• Attend and actively participate in organization, or job specific training
• Understand client operations and business goals and objectives; Make recommendations that strengthen internal controls and mitigate risks

JOB REQUIREMENTS

• Associate’s degree in Accounting, Business Administration or related field and relevant work experience preferred
• Prior Internal Audit experience or relative process/project work with an emphasis on improvement preferred

KNOWLEDGE/SKILLS REQUIRED

• Basic understanding of COSO, SOX, and internal controls
• Ability to perform effectively in fast-paced environment
• Sound, competent critical thinking skills
• Effective time management skills
• Proficient knowledge of Microsoft Office
• Strong verbal and written communication skills

PHYSICAL AND MENTAL QUALIFICATIONS

• Standing, walking, bending and stooping required
• Must be able to sit at a desk for long periods of time and use a computer
• Must be able to occasionally move or lift up to 10 pounds
• May be asked to work supplemental hours periodically
• Limited travel required occasionally during and after business hours

Salary Pay Range: $42,647.76 - $74,195.42 annually

Benefits: Eligible associates may participate in Carter Bank's benefits package, including medical, dental, vision, life insurance, disability coverage, other voluntary benefits, 401(k), paid time off, and paid holidays.