Internal Auditor

Description

Rainbow / 5*7*9 is a 1000 store chain with stores all over the U.S, Puerto Rico and Virgin Islands. We are a progressive and rapidly growing organization. Our staff makes significant contributions to the success of each store through their hard work and dedication. We have recently created the position of Internal Auditor and are seeking a friendly, high-energy individual to join our team.

Job description:

This position plans and conducts internal audits (i.e. Financial, Processes Operations and other organizational activities) in areas of high risk or concern to the company. Audits primarily consist of reviewing and evaluating risks, planning, designing, and performing audit test procedures, summarizing work performed, and communicating audit results to management.

Must have knowledge of Accounting Principles, information technology concepts, and auditing standards; good to excellent computer skills; enjoys working with others in a team environment and dealing with sensitive and complex issues at all levels of the organization; excellent listener, communicator and planner/organizer; high degree of initiative, self-motivation, and willingness to learn; positive/professional approach; strong analytical skills, and ability to provide quality, timely service, and work well with others.

Bachelor's degree in Accounting, or related field. Master's level a plus, but not required. Certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA) preferred. Salary level will be evaluated on an individual basis according to experience and educational background.

The auditor is responsible for the timely execution of risk-based internal audits in accordance with the annual audit plan, as well as assisting with other audit matters and projects.

Essential Duties:

Conduct risk assessment of assigned department or functional area in established/required timeline

Establish risk-based audit programs

Determine scope of review

Review the suitability of internal control design

• Conduct audit testing of specified area and identify reportable issues and dimension of risk

• Determine compliance with policies and procedures.

• Verbally communicate findings to senior management and draft comprehensive and complete report of audit area.

· Performing operational, compliance and financial audits to ensure that adequate internal-controls are in place and, in turn, that risk and exposure are minimized

· Performing audit reviews

· Conducting interviews

· Developing work papers and documentation of findings and identifying causes of and/or contributing factors associated with problems and/or control weaknesses

· Completing background investigations (as necessary)

. Determining data requirements and gathering, verifying and analyzing available data

· Observing and evaluating actual operating procedures

· Identifying existing and/or potential problem-areas and developing appropriate recommendations for their solution

· Creating audit-planning memorandum

· Drafting audit reports detailing findings and recommendations and reviewing with Audit Management

· Participating in the exit-conference review of findings and recommendations

· Finalizing audit reports for Internal Audit Management review, issuance and follow-through on implementation of audit recommendations

Requirements:

• Bachelor’s degree in Accounting or Finance preferred.

• CPA or CIA preferred.

•5 to 7 years financial experience, through public accounting/auditing (Big 4 a plus) and/or industry experience.

• Strong analytical, written/verbal communication, interpersonal, and relationship building skills

• Systems knowledge and familiarity

• Ability to adapt to change quickly and multi-task.

Great Benefits! Health, Dental, Vision, Life & Disability Insurance in addition to generous 401(k) match, Vacation, Sick, and many other benefits.

Our Headquarters are located in Starret City, Brooklyn and we offer a business casual work environment with room for professional growth and development.