Internal Auditor

State of Louisiana•Baton Rouge, LA

1d•Onsite

About The Position

The Louisiana Department of the Treasury seeks a dependable, detail-oriented Internal Auditor to support accountability, transparency, and sound financial management. The position performs complex audits and compliance reviews of departmental programs, operations, and internal controls, and reports directly to the State Treasurer. The role serves as a resource to the State Treasurer and Department leadership, requiring independence, initiative, sound judgment, and strong oral and written communication skills. The Internal Auditor evaluates controls, conducts risk assessments and audits, analyzes financial and external education finance data, documents findings, and recommends improvements. The position also reviews policies and procedures, interprets laws and regulations, coordinates with the Legislative Auditor’s Office, and performs special assignments supporting Treasury programs and operations. The position is located in Baton Rouge, Louisiana. Appointment may be probational or promotional; a probational appointment requires at least 12 months of probation.

Requirements

Six years of experience in accounting or auditing; or one of the alternative education and experience combinations specified in the posting.
Alternative qualification pathways include six years of full-time experience in any field plus 24 semester hours in specified subjects and three years of accounting or auditing experience; a bachelor's degree plus specified coursework and three years of accounting or auditing experience; a bachelor's degree plus CPA, CFE, or CIA credential and three years of accounting or auditing experience; a qualifying bachelor's degree plus three years of accounting or auditing experience; or a qualifying advanced degree plus two years of accounting or auditing experience.
Qualifying coursework or degrees may be in accounting, auditing, business, finance, management, economics, quantitative methods, information systems, or statistics, as specified for each qualification pathway.
College credit substitution: each 30 semester hours from an accredited college or university counts as one year toward the six years of full-time work experience in any field, up to 120 semester hours and four years.
Independence, initiative, and sound judgment.
Strong oral and written communication skills.
Applicants using college experience to qualify must attach a college transcript to the application; applicants with an international degree must submit an equivalency evaluation statement by the announcement closing date.
Successful candidates must meet applicable pre-employment requirements, which may include drug screening, credit check, background check, employment verification, and references.

Responsibilities

Evaluate internal controls, perform analytical reviews, and prepare an annual department-wide Internal Control Risk Assessment and Internal Audit Plan.
Plan and conduct audits of departmental operations, including accounting, banking, procurement, disbursements, property control, information technology, federal program compliance, unclaimed property, investments, and State Bond Commission functions.
Prepare audit narratives documenting purpose, sources, work performed, findings and observations, conclusions, and recommendations or corrective actions when appropriate.
Report inefficiency, potential fraud, and noncompliance with laws, regulations, policies, procedures, and accounting principles directly to the State Treasurer.
Recommend improvements to internal controls, policies, and procedures to the Deputy Treasurer of Management and Finance and First Assistant State Treasurer.
Collect, validate, and analytically assess external K-12 education finance data for the School Transparency Project Portal.
Review and approve external data submissions and analyze annual and semi-annual budgets, expenditures, and contract documentation for approximately 155 public and charter schools.
Assist management in reviewing departmental policies, procedures, narratives, flow charts, and organizational charts covering operations such as travel reimbursements, Purchasing Card transactions, vendor payments, procurement, professional service contracts, and cooperative endeavor agreements.
Interpret laws, rules, and regulations affecting Treasury financial and compliance activities.
Perform special assignments related to the Tobacco Settlement Financing Corporation, Unclaimed Property activities, Louisiana Asset Management Pool, START Saving Program, and LEQTF Performance Indicator Data.
Establish procedures to ensure the internal audit function adheres to the Institute of Internal Auditors' International Standards for the Professional Practice of Internal Auditing, as required by Act 314 of the 2015 Regular Session.
Maintain professional knowledge through continuing education, training, and review of professional literature.
Work with the Legislative Auditor's Office to follow up on audit findings involving Treasury and provide audit services requested by the Cash Management Review Board.
Perform special projects and other duties assigned to support Treasury operations.