Internal Auditor jobs in Romeo, MI

Job Summary:

This Internal Auditor will play a vital role in our internal audit function, conducting audits across the Ilitch owned companies. Collaborating with the Internal Audit management and staff, you will be responsible for conducting all aspects of the internal audit engagement lifecycle. Activities will include planning, conducting, and reporting the results of audit engagements.

Key Responsibilities:

Audit Participation and Execution

• Assist in defining audit scope, objectives, and methodology for assigned engagements.
• Perform assigned audit procedures under Internal Audit management guidance, adhering to established methodology and ensuring accuracy.
• Contribute to audit working papers, documenting observations, findings, and supporting evidence.

Control Evaluation and Risk Assessment

• Analyze data from various sources to identify potential control weaknesses and areas of risk.
• Conduct interviews with personnel to gather additional information and insight into internal controls.
• Assess the effectiveness of internal controls in mitigating identified risks.
• Contribute to the overall assessment of audit risks and potential financial impact.

Reporting and Recommendations

• Assist in summarizing key findings and observations from audit procedures.
• Contribute to the development of practical and actionable recommendations for improving internal controls and mitigating risks.
• Assist in drafting clear, concise, and informative audit reports for management and stakeholders.

Continuous Learning and Development

• Stay up to date on relevant accounting, auditing, and risk management standards and best practices.
• Participate in training and development opportunities to enhance audit skills and knowledge.
• Contribute to the development and refinement of audit programs and procedures for future engagements.

Communication and Collaboration

• Effectively collaborate with colleagues within the internal audit team.
• Communicate audit findings and recommendations clearly and concisely to management and stakeholders at various levels.
• Maintain a professional and ethical demeanor, upholding the highest standards of integrity and confidentiality.

Required Knowledge, Skills, and Abilities:

• Bachelor’s degree in accounting, Business, Finance, or a related field. Master's degree or relevant professional certification (CPA, CIA, CMA) a plus.
• 2-5 years of relevant experience in internal auditing, public accounting, or a related field.
• Deep understanding of internal controls frameworks and risk management principles.
• Familiarity with Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).
• Proficient in using spreadsheets, data visualization tools, and basic auditing software.
• Competency in word processing, presentation software, and email communication tools.
• Strong ability to analyze data, identify trends, and assess risks.
• Excellent ability to identify and propose solutions to control weaknesses and process inefficiencies.
• Effective written and verbal communication skills to collaborate with colleagues, management, and stakeholders.
• Meticulous and thorough in performing audit procedures and documenting findings.
• Upholding the highest standards of integrity, confidentiality, and ethical conduct.
• Ability to work effectively in a team environment and collaborate with diverse stakeholders.
• Strong desire and ability to continuously learn and adapt to new technologies and methodologies.
• Proactive and independent in managing workflow and meeting deadlines.

Preferred Knowledge, Skills, and Abilities:

• Experience in fraud investigations or forensic accounting desirable.
• Excellent written and verbal communication skills for report writing and presentations.
• Ability to travel occasionally and adhere to company travel policies.