Department/Unit:
Compliance Office
Work Shift:
Day (United States of America)
Salary Range:
$70,068.00 - $108,605.00
The Internal Auditor will work closely with the Corporate Compliance and Audit team to better understand and respond to Compliance concerns affecting areas of responsibility, assist in identifying potential areas of compliance vulnerability and risk as it relates to the System's mission, and provide an independent and objective review of evidence that either supports or refutes the System's claim of compliance as it related to these areas. The Internal Auditor will support other team members in providing guidance on how to prevent the re-occurrence of non-compliance or reduce the risk to the System's operations. The successful candidate will accomplish this by performing individual internal audit activities, as part of the overall Corporate Compliance and Audit plan. This responsibility includes performing internal audit procedures to support audit objectives and scopes, gathering supporting audit evidence and preparing internal audit documentation to reflect the work performed and conclusions reached. Work performed will include coverage of functional and operating units and focusing on financial, IT and operational processes.
Essential Duties and Responsibilities
- Assist in creating, revising and documenting Corporate Compliance and Audit policies and procedures
- Under the direction of the Senior Internal Auditor, the successful candidate will also perform follow-up on the status of outstanding internal audit issues, as needed
- Additionally, the Internal Auditor will provide input to Corporate Compliance and Audit management for the development of the annual Corporate Compliance and Audit plan, based upon process and control knowledge and insight from activities performed
- Apply understanding of internal control practices to plan, perform, manage, and report on various business practices and processes
- Assist with implementing and maintaining audit tools to improve audit tracking and efficiencies
- Provide input to developing audit plans, including assigning controls and areas of potential risk based upon risk assessments
- Perform scheduled audits and follow-up in accordance with established schedule and standards
- Arrive at independent evaluations of facts and logical conclusions based upon gathered evidence
- Document all information pertaining to audit results including risks, findings, observations and provide recommendations for strengthening internal controls and process improvement to be reviewed by Senior Internal Auditor and Corporate Compliance and Audit management
- Under the supervision of the Senior Internal Auditor, follow up with management on remedial action for any identified areas of risk or deficiency
- Demonstrate high standards of conduct and ethics as well as ability to use appropriate judgement and discretion
- Enhance the culture of compliance and assist in minimizing related enterprise risk to the System's mission
- Represent Albany Med Health System in a professional manner at all times and in all interactions
- Perform all other duties as assigned
Qualifications
- Bachelor's Degree in accounting or finance - required
- 1-3 years in performing internal audit activities within private industry, an internal audit department or public accounting firm environment - required
- Ability to stay current with industry practices and effectively share knowledge with team members
- Ability to work independently, with the appropriate level of direction and guidance from senior members of the team
- Ability to communicate effectively across various cross-functional departments
- Basic understanding of internal audit standards, COSO framework, risk assessment practices, and technical aspects of accounting and financial reporting
- Basic understanding of internal control concepts and experience in applying them to plan, perform, and report on the evaluation of various business processes, areas or functions
- Strong verbal and written communication skills to effectively work with process and control owners to document audit support and communicate results
- Strong organizational and problem solving skills and attention to detail
- Certified Public Accountant (CPA) within 1 Year - preferred
- Certified Internal Auditor (CIA) within 1 Year - preferred
Equivalent combination of relevant education and experience may be substituted as appropriate.
Thank you for your interest in Albany Med Health System!
Albany Med Health System is an equal opportunity employer.
This role may require access to information considered sensitive to Albany Med Health System, its patients, affiliates, and partners, including but not limited to HIPAA Protected Health Information and other information regulated by Federal and New York State statutes. Workforce members are expected to ensure that:
Access to information is based on a “need to know” and is the minimum necessary to properly perform assigned duties. Use or disclosure shall not exceed the minimum amount of information needed to accomplish an intended purpose. Reasonable efforts, consistent with Albany Med Health System policies and standards, shall be made to ensure that information is adequately protected from unauthorized access and modification.
