Auditor III

Job Summary: The Internal Auditor plays a vital role in upholding UCOR's commitment to financial integrity, operational efficiency, and compliance. This position is responsible for conducting independent and objective assurance and consulting activities designed to add value and improve UCOR’s operations. The successful candidate will contribute to the evaluation of financial statements, related records, and the effectiveness of internal controls, ensuring adherence to prescribed company policies and regulatory requirements. Duties are performed in accordance with the International Standards for the Professional Practice of Internal Auditing (Standards) and utilize recognized internal control frameworks to identify risks, provide recommendations, and support continuous improvement across the organization.

Key Responsibilities 

• Audit Planning and Execution:
  • Lead and/or participate in the full lifecycle of internal audits, including planning, fieldwork, reporting, and follow-up activities, across various functional areas and projects within UCOR.
  • Perform comprehensive risk assessments to identify and prioritize financial, operational, and compliance risks that require internal control evaluation.
  • Develop and execute audit programs, including the design of test plans and procedures to evaluate the effectiveness of internal controls, both financial and non-financial.
  • Conduct detailed testing of internal controls, analyzing data, transactions, and processes to identify control gaps, inefficiencies, or non-compliance.
  • Coordinate with personnel from various functional or project organizations to facilitate internal control testing and gather necessary information.
  • Review test plans submitted by other personnel for adequacy of coverage and to ensure that the evidence clearly demonstrates the internal control is functioning as intended.
  • Review completed testing documentation for accuracy, competency, and sufficiency to support reported results and conclusions.
• Reporting and Follow-up:
  • Document audit findings, observations, and recommendations clearly, concisely, and objectively.
  • Develop and present comprehensive audit reports to management, outlining findings, risks, and proposed corrective actions.
  • Collaborate with process owners to develop pragmatic and effective corrective action plans for identified control deficiencies.
  • Track the implementation of corrective actions through to completion, ensuring timely and effective remediation.
  • Document test results and maintain all required deliverables in specified software tools (e.g., A-123 Excel-based tools).
  • Submit all required deliverables to the Department of Energy (DOE) according to published schedules and guidelines.
• Compliance and Standards:
  • Ensure all internal audit activities adhere to the International Standards for the Professional Practice of Internal Auditing (IIA Standards).
  • Utilize and promote a well-established and recognized internal control framework (e.g., COSO) in all audit engagements.
  • Stay abreast of changes in regulatory requirements, industry best practices, and internal audit methodologies relevant to UCOR's operations.
• Documentation and Record Keeping:
  • Maintain comprehensive and readily accessible supporting documentation for all audit work performed, findings, and conclusions.
• Continuous Improvement and Ad-hoc Support:
  • Proactively identify opportunities for process improvements and efficiency enhancements within UCOR's operations and control environment.
  • Provide additional support to the Internal Audit function as needed, including special projects, investigations, and advisory services.

Qualifications:

• Education: Bachelor’s or Master's degree in accounting, finance, business, or a related field.
• Experience: 8+ years of related professional experience in either public accounting or internal audit.
• Certifications: CPA or CIA license or other relevant professional certification is desired.

Level Specific Responsibilities:

• Under limited supervision, performs more advanced auditing assignments requiring extensive and diversified experience, theoretical knowledge, and skill.
• Works with broad discretion on assignments of varied and difficult nature.
• Takes initiative to plan methods to be followed in the conduct of audits, recommends activities to be examined, determines the extent of the examination, and establishes completion schedules.
• Formulates strong recommendations regarding corrective action based on thorough audit findings and reviews.
• Expected to produce high-quality written reports of audit findings and recommendations that are clear, concise, and actionable.
• Possesses proven written and verbal communication skills to effectively interact with all levels of employees, including senior management.