Responsible for planning and executing audits to evaluate the effectiveness of internal controls, while also performing detailed analysis of financial data to identify risks, trends, and potential issues. Audit responsibilities are performed in accordance with the annual audit plan, organizational priorities, and risk assessments. Audits are assigned by Internal Audit leadership; however, the Internal Auditor, Sr. is expected to independently manage engagements from planning through reporting, exercising a high degree of professional judgment, accountability, and initiative.
Must proactively escalate significant risks, scope changes, or matters requiring broader management alignment to Internal Audit leadership which provides strategic guidance and feedback. Requires conducting independent research on a broad range of audit topics. This includes researching regulations, policies, contracts, and any other documentation necessary to gain an understanding of the audit. Meets with key stakeholders to discuss the objective, scope, and timing of the audits. Keeps all necessary parties up to date on the status of the audits including any findings or recommendations.
Performs audit testing and, upon completion of fieldwork, prepares workpapers and drafts audit reports. This includes leveraging data analytics and other audit techniques (including intermediate to advanced Microsoft Excel skills) to identify high-risk areas and develop appropriate testing strategies to achieve audit objectives. With Internal Audit leadership guidance, the Internal Auditor, Sr. is expected to exercise sound professional judgment in assessing risk, modifying audit procedures, and addressing issues identified during fieldwork.
Significant changes to audit scope, timelines, resource requirements, or high-risk findings should be discussed with Internal Audit leadership, which provides guidance and support in addressing complex issues and ensuring appropriate alignment and approval.
Responsible for preparing high-quality workpapers and audit documentation that support audit conclusions and require minimal revision during the review process. Requires strong attention to detail and the ability to independently identify internal control weaknesses, non-compliance with organizational policies, contracts, laws, and regulations, as well as opportunities to improve operational effectiveness and efficiency. Drafts audit reports that clearly articulate risks, findings, root causes, and recommendations and is responsible for communicating audit results to management and other key stakeholders.
Exercises sound professional judgment in evaluating the significance of issues identified and appropriately escalates significant risks to Internal Audit leadership.
Department Description:Serving the community since 1961, WakeMed Health & Hospitals is the leading provider of health services in Wake County. With a mission to improve the health and well-being of our community, we are committed to providing outstanding and compassionate care. For more information, visit www.wakemed.org.
EOE
Licensure: Certified Public Accountant Preferred Certified Internal Auditor Preferred Education: Bachelor's Degree Accounting Or Finance Or Business Administration Or Master's Degree Accounting Required Experience: 4 Years Auditing Required 1 Year Healthcare Preferred