Internal Auditor

Louisiana State Treasurer’s Office
Baton Rouge, Louisiana

https://www.treasury.la.gov/

The Louisiana Department of the Treasury is seeking a highly motivated, dependable, and detail-oriented individual to serve as its Internal Auditor and support the Department’s commitment to accountability, transparency, and sound financial management.

Reporting directly to the State Treasurer, the Internal Auditor performs complex audits and compliance reviews of departmental programs, operations, and internal controls to ensure adherence to applicable laws, regulations, and fiscal policies. Responsibilities include conducting annual risk assessments, developing and executing audit plans, identifying areas of inefficiency and noncompliance, and recommending improvements to internal controls and departmental processes. The position requires independence, initiative, sound judgment, and strong oral and written communication skills.

Six years of experience in accounting or auditing; OR

Six years of full-time experience in any field plus twenty-four semester hours in one or a combination of the following: accounting, auditing, business, finance, management, economics, quantitative methods, or information systems plus three years of experience in accounting or auditing; OR

A bachelor’s degree with twenty-four semester hours in one or a combination of the following: accounting, auditing, business, finance, management, economics, quantitative methods, or information systems plus three years of experience in accounting or auditing; OR

A bachelor’s degree plus a Certified Public Accountant (CPA) license, Certified Fraud Examiner (CFE), or Certified Internal Auditor (CIA) designation plus three years of experience in accounting or auditing; OR

A bachelor’s degree in accounting, auditing, finance, business administration, management, economics, information systems, quantitative methods, or statistics plus three years of experience in accounting or auditing; OR

An advanced degree in accounting, auditing, finance, business administration, management, economics, information systems, quantitative methods, or statistics plus two years of experience in accounting or auditing.

EXPERIENCE SUBSTITUTION:
Every 30 semester hours earned from an accredited college or university will be credited as one year of experience towards the six years of full-time work experience in any field. The maximum substitution allowed is 120 semester hours which substitutes for a maximum of four years of experience in any field.

The official job specifications for this role, as defined by the State Civil Service, can be found here.

Job Duties and Other Information:

JOB DUTIES:

As an Internal Auditor, you will serve as a key resource to the State Treasurer and Department leadership and will be responsible for a wide variety of complex internal audit, financial analysis, and compliance activities, including:

• Evaluating internal controls, performing analytical reviews, and preparing an annual department-wide Internal Control Risk Assessment and Internal Audit Plan.
• Planning and conducting audits of departmental operations, including accounting (budget and reporting), banking, procurement, disbursements, property control, information technology, federal program compliance, unclaimed property, investments, and State Bond Commission functions.
• Preparing comprehensive audit narratives documenting the purpose, sources, work performed, findings and observations, conclusions, and, when appropriate, recommendations for improvements and corrective action.
• Reporting findings of inefficiency, potential fraud, and noncompliance with applicable laws, regulations, departmental and statewide policies and procedures, and accounting principles directly to the State Treasurer. Making recommendations to the Deputy Treasurer of Management and Finance (Chief of Staff) and First Assistant State Treasurer regarding improvements to internal controls, policies, and procedures.
• Collecting, validating, and performing advanced analytical assessments of external K-12 education finance data in support of the School Transparency Project Portal. Reviewing and approving external data submissions and analyzing annual and semi-annual budgets, expenditures, and contract documentation for approximately 155 public and charter schools.
• Assisting management with the review of departmental policies and procedures, narratives, flow charts, and organizational charts documenting departmental operations, including travel reimbursements, Purchasing Card transactions, vendor payments, procurement, professional service contracts, and cooperative endeavor agreements.
• Interpreting applicable laws, rules, and regulations affecting the financial and compliance activities of the Department of the Treasury.
• Performing special assignments related to the Tobacco Settlement Financing Corporation, Unclaimed Property activities, Louisiana Asset Management Pool, Student Tuition Assistance and Revenue Trust (START) Saving Program, and Louisiana Education Quality Trust Fund (LEQTF) Performance Indicator Data.
• Establishing 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. Maintaining professional knowledge through continuing education, training, and review of professional literature.
• Working directly with the Legislative Auditor's Office to follow up on audit findings involving the Department of the Treasury and providing audit services requested by the Cash Management Review Board.
• Performing special projects and other duties as assigned to support the smooth and efficient operation of the Department of the Treasury.

POSITION-SPECIFIC DETAILS:

Appointment Type: Probational or Promotional. If filled as a probational appointment, this position requires the selected applicant to serve a minimum probationary period of twelve (12) months. Current permanent status classified employees may be required to accept a probational appointment in lieu of promotion if selected.

Location: This position is located in Baton Rouge, LA

Compensation: There is a special entrance rate (SER) for this job series at Treasury:

• Starting rate of $35.88/hourly; $2,870.40 biweekly

Note regarding the advertised pay range: The maximum amount listed is the maximum salary a person can make while in this title and NOT the maximum amount we are allowed to pay a new hire. The actual starting salary depends on the qualifications of the selected applicant.

HOW TO APPLY:

No Civil Service test score is required in order to be considered for this vacancy.

To apply for this vacancy, click on the “Apply” link above and complete an electronic application, which can be used for this vacancy as well as future job opportunities. Applicants are responsible for checking the status of their application to determine where they are in the recruitment process. Further status message information is located under the Information section of the Current Job Opportunities page.

* Information to support your eligibility for this job title must be included in the application (i.e., relevant, detailed experience/education). Resumes will not be accepted in lieu of completed education and experience sections on your application. Applications may be rejected if incomplete.

• If using college experience to qualify, a copy of your college transcript MUST be attached to your application (PDF format preferred). The selected candidate will be required to submit original documentation upon hire.
• Applicants possessing an international degree must submit an equivalency evaluation statement by the closing of this announcement.
• There is no guarantee that everyone who applies to this posting will be interviewed. Specific information about this job will be provided to you in the interview process, should you be selected.

Offers of employment are contingent upon pre-employment requirements being met including, but not limited to, drug screen, credit check, background check, previous employment verification and/or references.

CONTACT INFORMATION:

For further information about this vacancy, contact:
HRStaff@treasury.la.gov

This agency participates in the E-Verify system for verification of citizenship and employment authorization.

The Louisiana Department of Treasury is a State as a Model Employer (SAME) agency that supports improved employment opportunities for individuals with disabilities.