Internal Auditor

Position Overview

The Illinois Tollway is dedicated to providing and promoting a safe and efficient system of highways while ensuring the highest possible level of service to our customers. The Tollway is a user-fee system – no state or federal tax dollars are used to support maintenance and operations. Operations are funded by toll and concession revenues.

About the Role

The Internal Auditor is responsible for evaluating the efficiency and effectiveness of internal controls and policies of all functions of the Illinois Tollway and to determine whether Tollway policies, State, and Federal regulations are appropriately followed. The Internal Auditor performs procedures to provide assurance to Tollway management on financial, operational, administrative, and compliance internal controls. The Internal Auditor also performs consulting services as directed by Internal Audit management. The Internal Auditor reports directly to the Internal Audit Manager.

Essential Job Functions

• Work with the Internal Audit Manager to carry out a two-year audit plan in conformance with FCIAA and agency requirements and operational risks.
• Identifies limitations of self in conducting reviews.
• Identifies the potential need for changes in scope when issues, variables, irregularities, or discrepancies are encountered.
• Conduct financial, compliance, operational, IT, and/or other internal audits.
• Also perform consultation services to assess the adequacy and accuracy of internal controls.
• Create risk assessment documents, control activity workpapers, audit programs, and audit reports with findings and recommendations.
• Maintain a system of follow-up controls to ensure responsive consideration and action on audit findings and recommendations.
• Reports to management regarding failure to implement recommendations that could have serious impact on agency operations.
• Aids in confidential investigations and conducts audits concerning allegations of conflicts of interest, fraud, corruption, mismanagement, gross or aggravated misconduct, or conduct that may be criminal in nature by employees or vendors of the agency.
• Gathers, compiles, and analyzes, relevant data and information for cases under investigation; participates in the preparation of case reports for disciplinary or prosecutorial action with guidance from management or executive staff.
• Follows policies, procedures, and goals for engagements and assists in developing new approaches and techniques to adapt to changing requirements and laws.
• Conducts vendor and contractor compliance audits in a confidential manner.
• Attends continuing educational training that meets or exceeds requirements as set forth by the Institute of Internal Auditors (IIA) and Illinois State Internal Audit Advisory Board (SIAAB).
• Obtains and prepares reports, statements, exhibits, and other relevant information; maintains confidential records and files; ensures the security and confidentiality of such information.
• May be required to give testimony in a court of law or before an administrative tribunal as provided by State and Federal statutes, rules, or regulations.
• Performs other related duties as required or assigned.

Qualifications

• Education (Required): Bachelor's degree in Accounting, Business, Finance, Information Technology (IT), Engineering, Construction, or a related field.
• Skills and Experience (Required): Any equivalent combination of experience, education, and training which provides the knowledge, skill, and abilities to perform the duties of the position. Strong computer skills including proficiency in Microsoft Office Suite products is required.
• Skills and Experience (Preferred): A minimum of 1-3 years auditing experience. Demonstrated ability to manage multiple projects simultaneously. Strong analytical skills particularly regarding assessing the probability and impact of internal control weaknesses. Excellent written and oral communication skills. Strong Knowledge of Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), Information Systems Audit and Control Association (ISACA) standards and/or industry equivalent based on work experience. Ability to multi-task and is detail oriented. Understanding of risks and controls and the demonstrated ability to direct and/or conduct financial, operational, and compliance audits. Proven ability to partner with multiple stakeholders to drive results. Ability to prepare thorough, accurate, and clear reports of complex information and to exercise sound judgment in appraising and evaluating operations. Professional certification as a Certified Public Accountant (CPA), Certified Internal Auditor(CIA), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), or equivalent is a plus.