Senior Financial Auditor at Cornerstone League in Plano, TX

Senior Financial Auditor

Reporting Relationships

Position Reports To: SCAR Field Supervisor or SCAR AVP

Position Supervises: N/A

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Summary of Position

This position is responsible for the timely completion of audit procedures as assigned which includes planning, performance of fieldwork, and writing financial audit report. This position consistently leads a team during the audit process. This position will lead financial audits in credit unions up to the $500 million in assets.

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Essential Functions

• Perform audit procedures in an accurate and timely manner on more complex, and larger credit unions.
• Consistently lead financial audit jobs.
• Lead and coordinate the work of 1-3 team members during field audits, providing clear direction and guidance to ensure audit procedures are completed effectively.
• Review loan portfolio to determine compliance with state and federal regulations, bylaws, and credit union policy.
• Evaluate credit union controls to determine if the controls exist and are being properly utilized.
• Analyze results of audit tests to determine compliance with Generally Accepted Accounting Principles and regulatory requirements.
• Evaluate results of tests to determine compliance with accounting procedures and regulatory requirements.
• Communicate with client regarding progress and problems during the fieldwork.
• Direct the preparation of a written report detailing the results of the audit in a clear and concise manner
• Conduct exit meetings with Audit/Supervisory Committee and/or Board of Directors to discuss the findings of the audit.
• Assist Vice President and/or Office Supervisor with administrative tasks such as bank reconciliations, member account verifications.
• Assist in evaluating and planning audit assignments to provide optimum utilization of field staff.
• Direct activities of the audit by assigning various audit procedures to field staff; provide ongoing guidance.
• Review and approve work papers of field staff to ensure proper completion of assigned audit procedures.
• Communicate with client on an ongoing basis to keep them apprised of progress, problems and recommendations.
• Perform any or all parts of the audit procedures based on job size and staff availability.
• Performs internal audits as needed.
• Performs on-site BSA and ACH Audits, create written and oral presentations.
• Assist the Vice President, SCAR AVP, and SCAR Field Supervisor in various administrative duties such as training new employees and assisting with employee performance reviews.
• Perform specialized technical jobs such as proof of loss audits, bond claims, and record reconstruction.

NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time.

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Performance measurements

• Reports, documents, and records are accurate, current, and timely.
• Good communication and coordination exists with other staff and Credit Union personnel. Assistance and support are provided as needed.
• Management is appropriately informed of area activities.
• Audit functions are completed in accordance with established standards, policies, and procedures.

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Core Competencies Needed

Accountability - Being answerable to personal actions. Able to self-evaluate, take responsibility for one’s own actions, recognizes mistakes, utilizes feedback, willing to take ownership.

Adaptability – The degree to which the employee demonstrates openness to change and new ideas. Ability to adjust to changing work requirements and respond to new situations.

Advocate - Positive champion on Cornerstone issues, products, and services. Talks to credit unions about all the ways Cornerstone can assist.

Initiative - The ability to perform job responsibilities independently and responsibly. The ability to proactively complete tasks, solve problems, improve processes, enhance products, and/or extend services within assigned range of authority.

Professionalism - Demonstrates and coveys a favorable image when representing the company. Has high level of honesty, integrity, and confidentiality along with proper standards of professional dress.

Team Work and Cooperation - The degree to which individuals promote a collaborative, cooperative, and productive working environment. The level of demonstrated sensitivity, team building, support, and respect. The degree of synergy promoted.

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Qualifications

Education/Certification: These abilities are normally acquired through completion of a high school education plus a Bachelor's Degree in Business Administration specializing in accounting or other related field.

Required Knowledge: Working knowledge of auditing principles and Generally Accepted Accounting Principles (GAAP) required.

Experience Required: At least 3 years of audit, CU Accounting or similar or related experience required.

Skills/Abilities: Professional, well-developed interpersonal skills essential for communicating information to clients and co-workers. .Intermediate mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.).

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Physical Activities and Requirements of this Position

Work requires sitting the majority of the day. Frequently requires lifting of up to 20 pounds and occasionally requires lifting up to 50 pounds when carrying suitcases, audit equipment, manuals and paperwork. Bending, twisting and reaching are occasionally required when performing job related duties.

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Working Conditions

No hazardous or significant unpleasant condition (such as in a typical office). Travels to different client locations to perform audits. May include car or air travel.

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Mental Activities and Requirements of this Position

Reasoning Ability: Ability to apply common sense understanding to carry out detailed, but uninvolved instructions and to deal with problems involving some variables.

Mathematics Ability: Ability to preform very basic math skills including adding, subtracting, multiplying and dividing two-digit numbers: to perform the four basic arithmetic operations with money.

Language Ability: Ability to write complex sentences, using proper punctuation, and use adjectives and adverbs.

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Benefits

We believe that our team members are our greatest asset, and we're committed to creating a work environment that supports your personal and professional growth. Here's what you can look forward to as part of our team:

• Comprehensive Health Plans: Your well-being is important to us! Enjoy access to medical, dental, and vision insurance to keep you feeling your best.
• Generous Time Off: Recharge with our unlimited vacation policy, plus paid holidays, to help you maintain a healthy work-life balance.
• Retirement Savings Plan: Plan your future with our competitive retirement savings options, including employer matching to help you reach your goals faster.
  

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Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodation will be made which may pose serious health or safety risks to the employee or others or which impose hardships on the organization.

This job description is not intended to create an employment contract. Cornerstone maintains its status as an at-will employer.