Internal Audit Manager

Job Summary

*Hybrid-Incumbent must work a percentage of time each week in the Omaha, NE office.*

We are seeking an Internal Audit Manager who will Lead audit teams in performing operational, financial, compliance or investigative audits, projects and assessments and recommend enhanced controls or processes as needed while ensuring effective communication with the Audit Committees and leadership throughout the process. Identify risks and independently evaluate the efficiency and effectiveness of internal controls. Prepare reports of results of audits and projects to be presented to senior leadership and/or the Audit Committees. Assist in the testing of the Associations’ Internal Control over Financial Reporting (ICFR) to ensure compliance with SOX 404 and with Farm Credit System Guidelines and the remediation of identified deficiencies. Assist in the development and implementation of the annual risk-based audit plan. Maintain all organizational and professional standards. 

Essential Duties & Responsibilities

• Plan, manage and conduct audits of key risk areas in the Associations to ensure integrity of financial data, safeguarding of assets, and compliance with policies and procedures. Evaluate the adequacy and effectiveness of internal controls and recommend improvements in processes, procedures, and controls. Perform additional special projects as needed maintaining professional objectivity and obtaining approval, if necessary, from the Audit Committees. Execute all engagements in a collaborative manner, maintaining effective communication with the audit customers, leadership, co-sourcing partners and the Audit Committees. 
• Responsible for all aspects of project management for each engagement, including: 
  • Develop the audit objectives, plans, and scope, ensuring that audit programs are based on an appropriate risk assessment, 
  • Perform and/or review audit procedures, including conducting interviews and surveys, reviewing and analyzing evidence, performing data extraction and analysis, and documenting audit customer processes and procedures within an electronic workpaper environment, 
  • Ascertain that adequate documentation has been gathered to evidence completion of the audit objectives and that such workpapers adequately support the conclusions reached, 
  • Develop written reports summarizing conclusions and leadership responses, 
  • Communicate results to leadership and the Audit Committees, 
  • Plan, execute and document special projects as requested by leadership and approved as necessary by the Audit Committees, 
  • Monitor engagement budgets to ensure proper usage of resources, and 
  • Ensure all engagements are conducted in a manner consistent with the team’s charter, business objectives, the assessment of audit risk, audit customer needs, and Audit Committees’ priorities. 
  • Provide project management oversight to our co-sourcing partners for audits, projects or compliance testing as necessary 
• Assist in the performance of annual testing to determine the adequacy of the design and operating effectiveness of ICFR including identifying and assessing internal control deficiencies. 

Education Requirements

• Bachelor’s degree in Business Administration, Accounting, Finance or related field required. 

• Master’s degree preferred. 

Years of Experience

• 8+ years of Audit experience in public accounting and/or relevant industry internal audit experience. 

• Professional certification (CPA or CIA) desired. 

• Advanced knowledge of auditing principals, COSO framework, GAAS, and regulatory guidelines, regulations and standards.