Internal Auditor - Montebello, United States - Mexican American Opportunity Foundation

Description

Job Title:

INTERNAL AUDITOR

Location:
Montebello Administrative Office


Department:
Finance and Accounting


FLSA Status:
Exempt


Salary:
$105, $120,000.00 Annually


Reports to:
Chief Financial Officer (CFO), President & Chief Executive Officer and to the Executive Committee

Job Summary

Under direction, this position is responsible for managing the internal audits, monitoring, and control reviews, by collaborating cross-functionally with various teams in Finance, Procurement, Operations, IT, Facilities, Learning, Data and Evaluation, and Human Resources.

This position is responsible for internal audit functions of the organization, augmenting but not supplanting the auditing activities of the independent external auditors; serves as the organization?s technical expert on all audit matters and provides audit assistance to all levels of employees, including senior management.

This position plays a crucial role in managing the assessment, reporting, and disclosure of all key controls and deficiencies across the Organization and working with team leaders to ensure controls are in compliance with regulatory and Organization policies and procedures.

Responsibilities and Duties:

Develops and implements a comprehensive internal audit plan for the Organization that tests and evaluates compliance with Federal, State, County, City, and Funder policies and regulations, and determines the accuracy and reliability of accounting, financial, and software systems and other operating controls.

Establishes policies and standards for auditing activity and develops and maintains audit procedure manuals.
Serves as a resource to improve organization-wide management of financial, fiscal, procurement, and operational responsibilities. Conducting training sessions for staff would also be included as part of the resource role.

Reviews and accesses complex financial reports by interpreting and applying various laws and regulations, analyzing data, collaborating with others, drawing conclusions, and assessing the feasibility of recommendations.

Conducts internal audits; performs special audits as directed by senior management or the Board of Directors; conducts individual and unannounced audits to discover misappropriation of assets or funds to prevent and/or discover fraud.

Reviews audit findings with supervisors, managers, directors, and staff of areas being audited; conducts follow-up reviews on the status of recommendations made by internal and external auditors; and determines whether corrective action has been taken to improve deficient conditions.

Prepares and presents reports identifying issues of noncompliance, commenting on the lack or inadequacy of existing policy, including recommendations for improvements in operations and controls.

Reviews and reports the effectiveness of management in meeting goals, safeguarding assets, and ensuring compliance with established policies and procedures.

Verifies the existence of inventories and assets.

Prepares written reports to senior management and the Board of Directors; interprets results to improve audit program and audit coverage; distributes a brief descriptive statement of work performed on a monthly basis.

Develops and implements audit activities and procedures; implements and updates accounting and procurement procedures and systems; recommends appropriate accounting treatment for year-end adjustments and closing activities.

Coordinates and directly assists with all audits conducted by outside Organizations, such as independent external audits, program monitoring audits, workers? compensation audits, retirement plan audits, and IRS audits.

Assists the Chief Financial Officer and the Chief Executive Officer & President in developing responses to discrepancies or adverse audit findings reported by the independent external auditor, including suggestions for taking corrective actions.

Keeps current on changes in all federal, state, and other laws, regulations, or audit and compliance reviews related to the Organization and brings news developments to the attention and appropriate Organization staff.

May hire, supervise, train, and evaluate internal audit staff.
Performs other related job duties assigned.


Position Requirements:

Possession of a bachelor?s degree from an accredited institution, with a major in accounting, finance, business, or a related field.

Four years of recent professional field audit experience with an internal audit unit or with a commercial auditing firm in financial operational auditing with direct experience in planning, organizing, and independently performing audit tasks for financial audits, compliance audits, performance or operational audits, and internal control reviews.

Or any combination of education and experience that would provide the required equivalent qualifications.

Ability to:

Demonstrate extensive experience independently performing all phases of internal auditing, including experience in auditing compliance with federal, state, and local laws and regulations.

Provide leadership in developing and implementing audit controls.
Independently plan and organize all auditing functions in a manner that produces effective and efficient results.
Exercise sound judgment in determining and carrying out proper audit procedures.
Demonstrate skill in preparing concise written reports.

Review and report on the effectiveness of management in meeting financial compliance goals, safeguarding assets, and ensuring compliance with established policies and procedures.

Verify the existence of assets.
Interact with all levels of the Organization and work effectively with an ethnically and culturally diverse Organization.
Make effective presentations to senior management and the Board of Directors.
Communicate effectively both orally and in writing and demonstrate strong communication skills.
Maintain confidentiality regarding audit issues and findings.
Maintain the highest levels of objectivity, professionalism, and integrity in all activities.
May supervise staff to effectively accomplish departmental goals.

May operate a vehicle observing legal and defensive driving practices, and possess a valid, appropriate, and unrestricted California Driver?s License.

Knowledge of:
Generally accepted accounting principles and auditing standards, including governmental auditing standards.
Methods of practices of financial and statistical record keeping.

State, Federal, and local laws, regulations, and audit compliance requirements as they relate to the Organization, including Internal Revenue Service.

Federal grant compliance in accordance with OMB Uniform Guidance, i.e., Cost Principles.
General Principles of training and supervision.
Computers and experience with accounting and audit software.


Desirable Qualifications:
A master?s degree from an accredited institution in accounting or business administration.
A certified public accountant?s license in California or Certified Internal Auditor.
Audit Experience in a non-profit Organization with an automated accounting system.


PHYSICAL DEMANDS

The physical demands described here are representatives of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear.

The employee frequently is required to sit and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, peripheral vision, and the ability to adjust focus.


WORK ENVIRONMENT
The work environment characteristics are representative of those an employee encounters while performing the essential functions of this job.


MAOF Sponsored Benefits:
MAOF offers a comprehensive package of benefits and perks for both part- and full-time employees, including:

Personal Time Off (PTO) - Vacation/personal days or sick time).
Paid Sick Time ? 24 hours (48 hours, effective 01/01/2024).
Paid Holidays per Calendar Year - 12 paid holidays.
Bereavement Leave ? 5 paid days.
Jury Duty ? 5 paid days.
Medical, dental, and vision insurance Paid 100% by MAOF.
403(b) Retirement Plan - 5% employer match ? 100% vested.
Basic Life and Accidental Insurance.
Pet Insurance.
Supplemental life insurance.
Professional development opportunities.
Employee Assistance (EAP) ? For team members and dependents; counseling, legal assistance, financial planning, identity theft, etc.
Supplemental Cancer, Disability, and Accident plans.
Employee referral bonus (referring employee earns $250 for each new hire who completes 90 days.
Discounts for AT&T wireless, movie tickets, amusement parks, and much more.
Public Service Loan Forgiveness.
Credit Union Membership