Senior Financial Auditor

Cornerstone League•Plano, TX

About The Position

The Senior Financial Auditor is responsible for the timely completion of assigned audit procedures, including planning, fieldwork, and preparation of financial audit reports. The role consistently leads audit teams and leads financial audits for credit unions with up to $500 million in assets. Candidates must reside in Texas, Oklahoma, Arkansas, Kansas, or Missouri. The position coordinates and guides field staff, reviews audit work, evaluates credit union controls and loan portfolios, and assesses compliance with applicable accounting principles, regulations, policies, and procedures. The auditor communicates audit progress, issues, and recommendations to clients and presents findings to Audit/Supervisory Committees and/or Boards of Directors. The role may also perform internal, BSA, ACH, proof-of-loss, bond-claim, and record-reconstruction audits, and assist with administrative activities, staff training, and performance reviews. The work involves travel to client locations, potentially by car or air. The typical work environment is an office setting without hazardous or significantly unpleasant conditions. Physical activity includes sitting for most of the day, lifting audit materials, and occasional bending, twisting, and reaching.

Requirements

Reside in Texas, Oklahoma, Arkansas, Kansas, or Missouri.
High school education plus a bachelor's degree in Business Administration specializing in accounting or another related field.
At least 3 years of audit, credit union accounting, or similar or related experience.
Working knowledge of auditing principles and Generally Accepted Accounting Principles (GAAP).
Well-developed interpersonal skills for communicating with clients and coworkers.
Intermediate mathematical skills, including calculations involving decimals, percentages, and fractions.
Ability to apply common-sense understanding to detailed instructions and handle problems involving some variables.
Ability to perform basic arithmetic, including calculations with money.
Ability to write complex sentences using proper punctuation and to use adjectives and adverbs.

Responsibilities

Perform assigned audit procedures accurately and on time for more complex and larger credit unions.
Consistently lead financial audit assignments and coordinate the work of one to three team members during field audits.
Review loan portfolios for compliance with state and federal regulations, bylaws, and credit union policies.
Evaluate whether credit union controls exist and are being properly used.
Analyze audit test results for compliance with Generally Accepted Accounting Principles (GAAP), regulatory requirements, and accounting procedures.
Communicate with clients throughout fieldwork about progress, problems, and recommendations.
Direct preparation of clear and concise written audit reports.
Conduct exit meetings with Audit/Supervisory Committees and/or Boards of Directors to discuss audit findings.
Assist the Vice President and/or Office Supervisor with administrative tasks, including bank reconciliations and member account verifications.
Assist in evaluating and planning audit assignments to make effective use of field staff.
Assign audit procedures to field staff, provide ongoing guidance, and review and approve their work papers.
Perform some or all audit procedures depending on job size and staff availability.
Perform internal audits as needed.
Perform on-site BSA and ACH audits and create written and oral presentations.
Assist the Vice President, SCAR AVP, and SCAR Field Supervisor with administrative duties, including training new employees and assisting with employee performance reviews.
Perform specialized technical work such as proof-of-loss audits, bond claims, and record reconstruction.