Audit Analyst - Financial Control Risk

Venerable•Des Moines, IA

11d

About The Position

The Audit Analyst will assist team members in planning and executing audits for Venerable to help ensure controls are in place to avoid losses and meet regulatory requirements. The role tests internal controls and compliance with established policies and procedures, and identifies opportunities to improve operational efficiency. The analyst conducts audit planning, prepares or revises audit programs, performs audit procedures, and prepares work papers that document and support conclusions. The role includes testing key controls in accordance with established standards, analyzing results, communicating findings and recommendations with management in partnership with a supervisor, and escalating concerns about high-risk issues. The analyst may also perform special projects at the direction of Audit Management, maintain proficiency in current audit and investigative standards and procedures, and keep abreast of technology trends. The position involves developing effective working relationships with clients and business partners, contributing to teamwork, and supporting Venerable’s values of being courageous, curious, and connected.

Requirements

Bachelor’s degree in accounting, finance, business, risk management, or a related field.
Basic knowledge of internal control concepts, financial reporting risks, business processes, and control testing practices.
Basic knowledge of US GAAP and statutory accounting principles.
Ability to understand and document end-to-end processes, key risks, controls, systems, and data flows.
Strong analytical, critical-thinking, and problem-solving skills.
Strong written and verbal communication skills, including the ability to clearly document work performed and conclusions reached.
Ability to build effective working relationships and collaborate with business partners and other stakeholders.
Ability to manage multiple assignments, prioritize work, and meet established deadlines.
Ability to work independently with limited instruction while recognizing when to seek guidance.
Ability to proactively identify and escalate issues as they arise.
Adaptability and openness to new ideas, technology, and process changes.
Attention to detail, sound judgment, and a commitment to quality.
Curiosity and commitment to continuous learning, professional development, and process improvement.

Nice To Haves

Experience in financial controls, internal controls, risk management, accounting, external audit, and/or the financial services industry.
Knowledge of insurance accounting or financial services.

Responsibilities

Assist with audit planning and execution, including conducting planning activities and preparing or revising audit programs to accomplish audit objectives.
Perform audit procedures and prepare work papers that record and summarize audit data and adequately support conclusions.
Ensure accurate and complete testing of key controls in accordance with established standards.
Use judgment to document audit results, analyze results, and assess testing conclusions.
Work with a supervisor to communicate audit test results to management verbally and through audit recommendations.
Perform special projects or assignments at the direction of Audit Management.
Communicate audit concerns to a supervisor to help ensure the client resolves high-risk issues.
Maintain proficiency in current audit and investigative standards and procedures, and keep abreast of technology trends.
Develop strong working relationships with clients to support a high degree of client satisfaction.
Develop effective teamwork skills.