Internal Audit Manager

Summary

The Internal Audit Manager is responsible for identifying areas to be audited based upon compliance and business need. Plans, oversees, performs, and audits at various properties to assess effectiveness and efficiency of operations.

Essential Duties And Responsibilities

• Responsible for supervising and managing the Internal Audit team.
• Develops, implements, and manages operational goals and monitors achievements of performance and profit objectives in defined area.
• Creates effective and efficient schedules, while maintaining labor costs, meeting staffing objectives and achieving internal customer satisfaction.
• Assists in the company’s annual budget process and provides recommendations; ensures compliance to company budget initiatives; reports budget concerns to Leadership.
• Reviews, prepares, and follows audit programs to conduct audits.
• Performs detail testing of source documents to ensure compliance with requirements of Internal Control Manuals, Regulatory Rules/Acts and departmental policies and procedures.
• Performs observations and analysis of departmental procedures to ensure compliance and operational efficiencies.
• Develops and recommends alternative procedures to enhance operations.
• Recommends improvements to procedures, operational efficiencies, and continued compliance.
• Identifies weaknesses and provides options regarding Audit processes for the entire organization.
• Completes audit files with working papers referenced to the audit program.
• Reviews internal audit staff audit files.
• Presents audit issues to Executive Leadership for discussion, review, and report recommendations.
• Maintains and reviews audit files, ensures files contain planning memos, programs, and reports and follows up to ensure audit recommendations have been followed.
• Analyzes data obtained for evidence of deficiencies in controls, duplication of efforts, extravagance, fraud, or lack of compliance with law, government regulations, and management plans, policies, or procedures.
• Liaises with external auditors to communicate information and resolve problems.
• Manages the performance of the Sarbanes-Oxley Act audit work testing.
• Assists in planning the theory and scope of audits and related audit programs.
• Responsible for ensuring the compliance with all regulatory compliance within area of responsibility and reporting potential issues to Executive Management.
• Maintains strict confidentiality in all departmental and company matters.

Qualification Requirements

• Must be at least 21 years of age.
• Bachelor's degree (B.A./B.S.) from an accredited four-year college in Finance, Accounting, Business Management, or related field; and three to five years of related experience; or equivalent combination of education and experience.
• Leadership experience required.
• Familiarity with standards, concepts, practices and procedures within Sarbanes-Oxley Act, gaming and/or pari-mutuel wagering is desired.
• CPA, CIA, CFE, CISA or candidate for certification strongly desired.
• Must be able to travel up to 20-30% of the time.
• Must have strong analytical and problem-solving skills.
• Ability to work in a fast-paced environment managing multiple tasks, projects, and personnel simultaneously with a positive, approachable demeanor.
• Must possess ability to prioritize conflicting duties for self and accounting department while maintaining timeline integrity for projects and tasks.
• Must be able to write reports, business correspondence, and procedural manuals.
• Must be self-starter who can work independently with minimal supervision/oversight by anticipating next steps.
• Must have technical proficiency and knowledge in MS Office (Word, Excel, PowerPoint, and Outlook).
• Must possess excellent verbal and written communication skills.
• Able to work independently and balance multiple projects and processes simultaneously.
• Able to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Able to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Able to effectively present information and respond to questions from groups of managers, clients, customers, and the public.
• Must have the ability to interact with colleagues and resolve problems and conflicts in a diplomatic and tactful manner.

Starting Salary

$95,000.00 annually, based on experience.