Senior Financial Auditor

Overview

This position is responsible for the timely completion of audit procedures as assigned, including planning, performing fieldwork, and writing financial audit reports. The role consistently leads a team during the audit process and leads financial audits in credit unions with up to $500 million in assets.

Responsibilities

• Perform audit procedures in an accurate and timely manner on more complex, larger credit unions.
• Lead financial audit jobs.
• Lead and coordinate the work of 1–3 team members during field audits, providing clear direction and guidance to ensure audit procedures are completed effectively.
• Review loan portfolios to determine compliance with state and federal regulations, bylaws, and credit union policy.
• Evaluate credit union controls to determine whether controls exist and are being properly utilized.
• Analyze results of audit tests to determine compliance with Generally Accepted Accounting Principles (GAAP) and regulatory requirements.
• Evaluate results of tests to determine compliance with accounting procedures and regulatory requirements.
• Communicate with client teams regarding progress and problems during fieldwork.
• Direct the preparation of written audit reports detailing findings in a clear and concise manner.
• Conduct exit meetings with Audit/Supervisory Committee and/or Board of Directors to discuss audit findings.
• Assist Vice President and/or Office Supervisor with administrative tasks such as bank reconciliations and member account verifications.
• Assist with evaluating and planning audit assignments to provide optimum utilization of field staff.
• Direct audit activities by assigning audit procedures to field staff and providing ongoing guidance.
• Review and approve work papers prepared by field staff to ensure proper completion of assigned audit procedures.
• Communicate with clients on an ongoing basis to keep them apprised of progress, problems, and recommendations.
• Perform any or all parts of audit procedures based on job size and staff availability.
• Perform internal audits as needed.
• Perform on-site BSA and ACH audits, including creating written and oral presentations.
• Support administrative duties such as training new employees and assisting with employee performance reviews.
• Perform specialized technical work such as proof of loss audits, bond claims, and record reconstruction.

Performance Measurements

• Reports, documents, and records are accurate, current, and timely.
• Strong communication and coordination with other staff and credit union personnel; assistance and support provided as needed.
• Management is appropriately informed of area activities.
• Audit functions are completed in accordance with established standards, policies, and procedures.

Qualifications

Education / Certification

• High school education plus a Bachelor’s Degree in Business Administration specializing in accounting or other related field.

Required Knowledge

• Working knowledge of auditing principles and Generally Accepted Accounting Principles (GAAP).

Experience

• At least 3 years of audit, CU Accounting, or similar or related experience.

Skills / Abilities

• Professional, well-developed interpersonal skills for communicating information to clients and co-workers.
• Intermediate mathematical skills, including calculations and concepts involving decimals, percentages, and fractions.

Core Competencies

• Accountability
• Adaptability
• Initiative
• Professionalism
• Teamwork and Cooperation

Physical Activities and Requirements

• Work requires sitting the majority of the day.
• Frequently requires lifting up to 20 pounds.
• Occasionally requires lifting up to 50 pounds when carrying suitcases, audit equipment, manuals, and paperwork.
• Bending, twisting, and reaching are occasionally required.

Working Conditions

• No hazardous or significant unpleasant conditions (such as in a typical office).
• Travels to different client locations to perform audits.
• May include car or air travel.

Mental Activities and Requirements

• Reasoning ability to carry out detailed but uninvolved instructions and deal with problems involving some variables.
• Mathematics ability to perform basic arithmetic operations with money.
• Language ability to write complex sentences using proper punctuation, and use adjectives and adverbs.

Compensation & Benefits

• Medical, dental, and vision insurance.
• Unlimited vacation policy, plus paid holidays.
• Retirement savings plan with employer matching.

Location

• Role requires travel to different client locations to perform audits.

Reporting Relationships

• Reports to: SCAR Field Supervisor or SCAR AVP
• Supervises: N/A

Disclaimer

• This description outlines the general nature and level of work performed; it is not a comprehensive inventory of all duties, responsibilities, and qualifications.
• Reasonable accommodations may be possible under the Americans with Disabilities Act; however, no accommodation will be made that poses serious health or safety risks or imposes hardships.
• This job description is not intended to create an employment contract; employment is at-will.