Internal Auditor
OBJECTIVE:
Internal Auditor Objective
To assist Internal Audit management by performing examinations on auditable activities in order to assist all members of management in the effective discharge of their responsibilities by furnishing them with independent reports, analysis, appraisals, recommendations, and pertinent comments concerning the auditable activities reviewed.
RESPONSIBILITIES:
Internal Auditor Responsibilities
With some assistance from Internal Audit Management, perform audits as directed in a professional manner and in accordance with a predetermined annual audit schedule. Review prior audit work papers, memorandums, and reports. Review and update permanent audit reference files.Review and evaluate the soundness, adequacy, and application of accounting, financial and managerial internal controls.
Ascertain compliance with established policies and procedures, adequacy of safeguarding of company assets, and reliability of management data developed by company systems.
Create or update audit programs. Prepare general audit memorandums covering work performed in connection with the examination. Discuss all findings recommendations and pertinent comments that were discovered in the audit.
Assist in performing the annual financial statement audit for FBL Real Estate LLC, Gravity Works, CSAC, MFB, Inc., GLALS and MACMA. Assist in performing the annual financial statement review for Michigan Farm Bureau Financial Corporation. Assist in performing annual financial statement reviews for MFB Counties.Apply knowledge and stay current on Generally Accepted Accounting Principles and Generally Accepted Audit Standards.
Prepare a written audit report on each audit performed for executive management, which includes any findings, recommendations, and pertinent comments that were discovered in the audit.
Work with external auditors and regulatory agencies to provide appropriate company contacts, documentation, and information as necessary.
Perform fraud investigations as required by management. Assist Information Technology Audit staff in developing audit software to identify and quantify potentially fraudulent activities.
Assist affiliated companies as a resource on project teams to identify and recommend an adequate control structure for new systems.
Act as a resource for work relating to implementation of any regulations to comply with the NAIC's Model Audit Rule or other regulations as required.
Calculate the Personal Injury Protection (PIP) wage benefit for self-employed persons, partnerships, “C” Corporations, and “S” Corporations as requested by the Medical Claims Unit management. Calculate Business Loss of Use claim benefits for self-employed persons, partnerships, “C” Corporations, and “S” Corporations as requested by Claims Management.
QUALIFICATIONS:
Internal Auditor Qualifications
Required
Bachelor's degree in accounting, finance, insurance or other related major required, or equivalent experience may be considered.
Must have completed or agree to complete a university level auditing course.
Two to four years of related work experience required.
Experienced computer usage and proven skills in Microsoft Word and Excel required.
Preferred
Designations such as Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Internal Auditor (CIA) or other network or data processing designations preferred.
Course work in insurance or computer related classes preferred.
Note: If a candidate is not identified, an Internal Auditor, or Senior Internal Auditor may be considered based on level of experience.
Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.
PM19