Audit Project Manager - Corporate Finance

US Bank Minneapolis , MN 55415

Posted 4 weeks ago

The Corporate Audit Services Audit Project Manager is primarily responsible for supervising staff in the completion of audit engagements with minimal supervision from managers, however there are no direct reports. The Audit Project Manager is expected to monitor progress of audit engagements against plan and schedule, assess work performed by the audit engagement team, and provide coaching and on-the-job training for team members to ensure engagements are completed in conformance with internal audit policies and procedures.

Primary Responsibilities:
1.Supervising audit staff in the completion of audit engagements, ensuring the highest quality work delivered timely. Supervision includes:

  • Assessing work performed by staff by providing coaching notes that are relevant to the scope, accuracy and completeness of work performed.

  • Performing sufficient reviews to ensure work contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.

  • Reviewing issues to ensure potential exposures and significance are included, root causes are identified, and operationally effective and cost-effective actions to address those causes are developed into appropriate recommendations.
    2.Completing or assisting managers in planning audit engagements. Includes identifying and analyzing business processes, key risks and critical controls; interviewing auditees; determining audit scope; evaluating control design adequacy; and developing audit programs which provide sufficient guidance for testing control performance effectiveness and making evaluations which effectively achieve audit objectives.
    3.Assisting the managers in reporting and wrap-up phases of audits. Includes appropriate disposition of issues and drafting audit reports which include issues.
    4.Monitoring progress of audit engagements against plan and schedule. Includes making necessary adjustments and promptly completing work paper reviews on a timely basis to ensure all issues are identified and dispositioned prior to report draft issuance.
    5.Providing on-the-job training for staff. Includes business knowledge of products, services, and delivery systems; company policies and procedures; applicable laws and regulations; and formal/informal control frameworks.
    6.Collaborating across the three lines of defense regarding business processes, risks, and controls. Coordinating audit activities by integrating other internal audit subject matter teams (Information Technology, Anti-Money Laundering, Compliance, Risk Management, Treasury, etc.) to ensure appropriate and efficient coverage of the business products, services and processes. Managing the team's workload to assist other audit teams when resources are needed for areas of higher risk.
    7.Performing other duties as requested by management.

Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Seven to ten years of experience in an applicable risk management environment

Preferred Skills/Experience

  • Relevant financial service or corporate finance function industry knowledge (e.g., finance (controllership)), including understanding of risk theory, control frameworks (COSO), applicable financial services industry trends, laws and regulations, and impact of government legislation and regulation on business.

  • Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.

  • CIA, CPA or other relevant professional designation or advanced degree.

  • Excellent verbal and written communication skills.

  • Strong critical thinking and analytical skills, including data analysis, monitoring and reporting.

  • Proven leadership skills.

  • Proven adaptability to changing priorities.

  • Ability to manage multiple tasks and deadlines simultaneously.

See if you are a match!

See how well your resume matches up to this job - upload your resume now.

Find your dream job anywhere
with the LiveCareer app.
Download the
LiveCareer app and find
your dream job anywhere

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Senior Audit Manager

Medtronic Inc.

Posted 1 week ago

VIEW JOBS 11/30/2018 12:00:00 AM 2019-02-28T00:00 Careers that Change Lives As a member of the Corporate Audit Team, you will be responsible for contributing to the overall Corporate Audit program and developing a working knowledge of Medtronic's various businesses, products, and operations. As the eyes and ears of the organization, you will utilize your field experience, business and industry knowledge, technical knowledge and interaction with others to provide input into the Risk Assessment process and assess the specific risks of each audit/consulting engagement from a financial as well as operational viewpoint. Members of the Corporate Audit Team will have exposure to all business units and interact with management from all areas of the company and around the globe. The position provides ongoing training and advancement opportunities. After spending an appropriate rotational period in the Corporate Audit Function, potential career moves include Corporate Finance or various finance roles supporting a business unit as well as movements between functions, such as to supply chain or marketing, depending on your experience and career goals. Impact patient outcomes. Come for a job, stay for a career. A Day in the Life Manage and review the execution of various financial, operational, and compliance audits, projects, and activities in the Corporate Audit Group with direct oversight of the North American Financial & Operations Audit team. The majority of assignments will involve planning, fieldwork/documentation, and presentation/reporting phases: * Planning - Scope and plan audits and projects based on a thorough risk assessment for the location. The team will perform the following in planning each audit: o Partnering with senior leadership on targeted audits to determine timing and scope of fieldwork. Primary relationship manager for regional management. o Oversee a team of Corporate Audit team members in the development of the audit scope and program. o Coordinate/schedule timing of reviews. * Fieldwork & Documentation – Manage a team of Corporate Audit resources thorough review of each in-scope audit area. The Audit Consultant will quality review the team's performance in the following areas during the fieldwork stage of each audit: o Collecting, analyzing, and interpreting information to assess and conclude on each assigned audit area. o Ensuring clear and concise documentation to adequately support all audit area conclusions and findings. o Addressing audit issues timely and ensuring completion of audit fieldwork effectively and efficiently to meet budget and scope requirements. o Identification and sharing of best practices among entities. * Presentation & Reporting – Provide direction to the Corporate Audit team to ensure appropriate and timely reporting on audit results. The team will perform the following during the reporting stage of each audit: o Communicate audit results to management in a clear and concise manner, including any issues and recommendations for corrective action or improvement where applicable. o Manage and review the preparation of an audit report for presentation to management, including scope, approach, findings, conclusions, and recommendations. Other Responsibilities – In addition to executing audits, (the Sr Audit Manager is responsible for the following items): o Primary liaison with the SOX Project Management Office in scoping of SOX activities for the organization o Manage a team of domestically based internal audit resources o Continually build partnerships between Corporate Audit and the various functional areas and business units throughout the Company. o Manage special projects and assignments within the department as they arise. o Manage scheduling and budgeting with the Internal Audit leadership. o Executing the annual planning efforts to assess organizational risk and develop an Internal Audit plan to address key risks. o Audit Committee materials drafting and coordination. Must Have: Minimum Requirements * Bachelor's degree in Accounting, Finance, or Business * 7+ years experience in Accounting or Finance * 5+ years of progressive leadership experience in functional area * Experience in internal control frameworks and testing methods * Public Accounting or equivalent experience in a public company Internal Audit department * Experience with accounting and auditing theories and principles * Experience in supervising the work of others * Experience with Microsoft Office, particularly Excel, Word, and PowerPoint. * Experience with the requirements of Sarbanes-Oxley legislation (section 404 Nice to Have: * Certification, such as CPA, MBA, CIA, or, CMA * Strong project management skills * Ability to apply good judgment and problem solving skills to identify critical risks * Excellent interpersonal and communication skills to build relationships within a matrixed environment * Progressive mind-set, innovative thinking and ability to look for improvement opportunities * Able to work independently as well as part of a progressive, high-performing team exercising influence management skills to contribute to value added deliverables About Medtronic Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be. We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future. Physical Job Requirements The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. The physical demands described within the Day in the Life section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. EEO It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities. This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: Medtronic Inc. Minneapolis MN

Audit Project Manager - Corporate Finance

US Bank