Office of State Board of Education - Internal Auditor I

About the role

The Internal Auditor I is an entry-level internal audit position located in Moscow, Idaho. This role completes assigned components of individual audit engagements with close supervision from the Systemwide CAE, a Systemwide Internal Audit Manager, or a project lead. All work supports the completion of the approved internal audit plan, which is necessary to fulfill the State Board of Education’s governance obligations. The Internal Auditor I must adhere to all professional standards and requirements of the Institute of Internal Auditors.

Responsibilities

Direct Audit Responsibilities – Primary

• Apply audit methodologies to complete assigned audit engagements or special projects, including financial, operational, compliance, information technology components, and/or allegations of fraud, waste, and abuse.
• Prepare audit work papers and documentation in accordance with professional audit standards and requirements of Internal Audit and Advisory Services.
• Complete all assignments within established time budgets and due dates.
• Meet expected direct hour contributions toward the internal audit plan.
• Complete audit work with moderate need for revision or correction, including audit methodologies and supporting documentation.
• Assist in the development of audit observations and recommendations.
• Work directly with client staff and institutions to coordinate completion of assigned audit work.
• Participate in audit entrance and exit meetings.
• Monitor progress and status of assigned work, and immediately inform project leads and managers of potential disruptions to timely completion.
• Communicate verbally and in writing with audit clients.

Direct Audit Responsibilities – Secondary

• Assist with audit risk assessments and participate in annual audit planning activities.
• Assist in the development of audit scope memos and audit programs.
• Assist in the preparation of final audit reports and communications.
• Participate in ongoing quality assurance activities of Internal Audit and Advisory Services.
• Complete all professional development and training requirements for Continued Professional Education (CPE).

Administrative Responsibilities

• Assist with audit risk assessments.
• Track and report time spent on projects and administrative tasks, ensuring time is entered into the project time tracking system.
• Track and update professional development training logs.
• Perform other duties as assigned.

Requirements

Minimum Qualifications

• Knowledge and/or experience in internal or external auditing.
• Some knowledge of:
  • Institute of Internal Auditors (IIA) professional standards and Generally Accepted Accounting Principles (GAAP).
  • Committee of Sponsoring Organization (COSO) internal control integrated framework.
  • Professional, governance, and risk management competencies.
• Some experience:
  • Adhering to strict independence and conflict of interest requirements under IIA professional standards.
  • Handling sensitive and confidential situations and information in a professional manner.
  • Interpersonal skills to work successfully with employees at all levels within the IAAS department and State of Idaho Universities.
  • Prioritizing and completing assigned tasks in a timely and professional manner.
  • Working individually or in a group setting.
  • Utilizing personal computer skills, including Word, Excel, PowerPoint, and Visio.
  • Strong oral and written communication skills.

Preferred Qualifications

• Bachelor’s degree or equivalent in Accounting or a related field.
• Certified Internal Auditor (CIA) or Certified Public Accountant (CPA) credential (or ability to attain certification upon hire).
• Experience documenting and completing work in accordance with IIA professional standards.
• Higher education industry experience, including sponsored program activity, preferably with an Idaho institution of higher education.
• Some knowledge of:
  • Governmental accounting.
  • Sponsored program processes, rules, and regulations.
  • Idaho State Board of Education and University policies and procedures.
  • General information technology controls.
  • Extracting and analyzing data from ERP systems.