Internal Audit Associate

About the position

The Internal Audit Associate plays a crucial role in supporting the Internal Audit Department at EquiTrust Life Insurance Co. This position involves assisting more senior personnel with various audit activities, including walkthroughs, control testing, and substantive testing. The primary goal is to assess the effectiveness of internal controls across low-risk areas of the organization. The Associate will work closely with other team members to evaluate the company's internal controls and processes, aiming to mitigate risks related to financial, operational, fraud, and compliance aspects. In this role, the Associate is expected to fulfill professional responsibilities as outlined in the Internal Audit Department Charter, adhere to the Standards for the Professional Practice of Internal Auditing, and uphold the Code of Ethics. Key responsibilities include documenting audit results through flowcharts and detailed test sheets, gathering evidence to support audit procedures, and developing a comprehensive understanding of audit support by linking it to controls and risks. The Associate will also assist in preparation work for regulatory and external audit requests, communicate project statuses to key contacts, and embody the high-performance behaviors of teamwork and service in all interactions. The position requires a proactive approach to learning and skill development, with the Associate encouraged to seek opportunities to enhance their audit knowledge and practices. The role is designed to foster collaboration and contribute positively to the company's goals and objectives, promoting an inclusive work environment.

Responsibilities
? Assists more senior department personnel with walkthroughs, control testing, and/or substantive testing to assess the effectiveness of internal controls over low-risk areas of the Company.
,
? Documents audit results through flowcharts and detailed test sheets while gathering appropriate evidence to support audit procedures.
,
? Develops an understanding of proper audit support, linking support to controls and risks, and creating work papers with enough detail to exist on their own.
,
? Seeks out opportunities to further develop audit skills and knowledge of practices.
,
? Assists senior personnel in preparation work involving regulators and external audit requests.
,
? Develops process skills and understandings associated with regulator and external audit requests.
,
? Communicates project status to key audit contacts and audit management on a regular basis.
,
? Demonstrates the standards and principles of EquiTrust in every interaction with internal and external associates.
,
? Incorporates high-performance behaviors of teamwork, leading by example and service in every facet of work.
,
? Supports the Internal Audit team and other departments on an as-needed basis.
,
? Takes on additional responsibilities as requested to accomplish department and Company objectives.
,
? Actively participates and contributes to the goals and objectives of the Company by working collaboratively and fostering a positive and inclusive work environment.

Requirements
? Bachelor's Degree required, preferably in Accounting, Finance, or Economics.
,
? Audit Internship experience preferred.
,
? Basic working knowledge of Microsoft Office, specifically Excel and Visio, and related audit features within each system.
,
? Basic understanding of internal audit practices and principles and ability to develop the skills associated with these practices.
,
? Developing interpersonal and communication skills, both verbal and written.
,
? Aptitude for developing analytical, problem solving, and critical thinking skills.
,
? Basic organization, prioritization, and time management skills.
,
? Detail and process orientation.
,
? Positive mindset with a willingness to learn and drive to be successful.

Nice-to-haves

Benefits

Apply Job!

For more such jobs please click here!