February 2005
The President’s Letter
Our Future is in the Audience!!!
This month is our annual Student Month. We will have
students from various local universities attending the Chapter
Meeting on February 8, 2005. The students will have an
opportunity to interact with our members and find out a few
things about the IIA. In addition, we have a special
post-meeting Student Forum for them to ask a panel of experts
about Internal Audit and how it can help them grow
professionally. So please take the time at the meeting to
introduce yourself to the students and explain your role in
the profession.
The February meeting is also our joint meeting with our
partners from the Fort Worth IIA Chapter. Be sure to welcome
our friends from the west. You will also get to be a part of
the voting in of Officers who will lead our great Chapter in
2005-06!
How many times have you asked yourself if your sampling
technique is sound? Well our luncheon meeting will help you!
“Audit Sampling,” will be presented by Don Hanks of Protiviti.
Our pre-meeting will be on “Sox IT – Year Two,” by Stacey
Hamaker of Shamrock Technologies. The post meeting will be on
“Cost Segregation Duties,” presented by Brook Fowler of UHY.
February looks to be another great month. Look forward to
seeing you all at CityPlace on February 8!
Sincerely,
Jeffrey E. Seutter
President Dallas Chapter IIA
|
Next Meeting - Tuesday, February 8, 2005
Joint Meeting with the
Ft. Worth Chapter of the IIA
CityPlace Conference Center
~ Please
note the meeting this month is on Tuesday ~
Meeting 12:00pm - 1:20pm
Registration begins at 11:30pm
Audit Sampling
Don Hanks, Protiviti
In today’s world of Sarbanes-Oxley, where testing has taken on a
whole new importance and test results are closely scrutinized, how
do you ensure your testing is accurate and appropriate? The answer:
use statistics. Although judgmental testing has long been the
friendly method of testing, understanding a few basic concepts can
make statistical testing your new best friend and give your testing
a solid foundation. Statistics and Audit Testing presents simple
methods to help you incorporate statistical testing into your audit
or governance program and gives you tips on when to use statistical
and your old friend, judgmental testing.
Don Hanks is a Senior Manager with Protiviti Independent
Risk Consulting. He has a Bachelor’s of Science from the United
States Air Force Academy and a Master’s of Science in Applied
Mathematics from Creighton University. He has served in a variety of
roles during his career including scientific officer in the U.S. Air
Force, an Assistant Professor of Mathematics at the Air Force
Academy and the head of Protiviti’s Enterprise Testing group.
Pre-Meeting 10:30am - 11:30am
SOX IT – Year Two
Stacey Hamaker, Shamrock Technologies
Rather than a formal presentation, this session is intended to be
an interactive discussion among panelists and session attendees on
the impacts of SOX on IT and the outlook for SOX-IT Year Two. Led by
Stacey Hamaker, Managing Principal of Shamrock Technologies, the
session will introduce some of the questions that have been
circulating among firms and discussion groups related to SOX-IT such
as:
- Number of Controls - How many key General Computer Controls (GCC)
were identified for your organization?
- Were there any enterprise controls with a decidedly IT focus,
i.e. IS Security, acceptable use, etc.?
- Is there any effort being devoted to review and either
eliminate, consolidate or optimize GCC controls in year two?
- Resources - What was the resource mix for GCC in IT and
internal audit?
- Contractors, permanent staff added, etc.
- How will the staffing mix and levels change for year 2?
- What were the ballpark costs for 2004 SOX-IT? How will that
change for 2005?
- Deficiencies - Has anyone experienced deficiencies,
significant deficiencies or material weaknesses in GCC?
- If so, what created the situation?
- What are the most common material weaknesses?
- Approach - Are plans in place to update scope, controls,
process, and/or documentation in year two? If so, how?
- Executive Involvement - How is the executive team engaged with GCC?
- Decentralized Organizations - What are the strategies for
handling decentralized business units and how is it working?
- Automated SOX Compliance Tools – Have any automated SOX
Compliance SW tools been helpful?
- If so, which tools, what areas and why were they helpful?
- Automated Network Security Tools – What automated Network
Security tools have been used by the external auditors?
- Frameworks - What frameworks are companies utilizing for GCC
(COBIT, ITIL, other?)
- Cost/Benefits - Is your company tracking cost/benefits for
SOX-IT efforts? Any early indicators?
- Smaller Organizations - Has anyone begun to address how SOX
can be scaled down for the smaller, 2005 filers?
- Key GCC Controls – Which specific GCC controls have been an
issue? SDLC, Patch Management, Configuration Management, others?
Stacey Hamaker, CISA is a Managing Principal of Shamrock
Technologies. She founded the company in 1990 to provide high-level
analytical and technical assistance to organizations on a project
basis. A thought-leader and published author on Governance topics,
Ms. Hamaker has 25 years experience with enterprise-wide technology
initiatives at Fortune 500 companies and mid-sized firms as well as
the public sector. Most recently she has been heavily involved in
Sarbanes-Oxley IT Compliance initiatives.
Ms. Hamaker’s background is in the areas of information strategy,
internal controls, systems analysis, accounting systems,
requirements definition, project management, and database
administration. Stacey is active in the Information Systems Audit and
Control Association (ISACA), Institute of Internal Auditors (IIA),
and the Greater Dallas Chamber. Several of her articles have been
published in the Information Systems Control Journal. Ms. Hamaker’s
speaking engagements span local IT organizations as well as national
and international venues such as ISACA’s 2001 International IT
Governance Forum. She earned her MBA-MIS form the University of Texas at Arlington
and her BA-Accounting/Math from Marietta College, Marietta, Ohio.
~
Please note we have concurrent Post-Meetings this month ~
Post-Meeting I 1:30pm - 2:30pm
Cost Segregation Studies
Brook Fowler, UHY
Cost Segregation is a strategic tax tool that can be used to
accelerate tax deductions and increase cash flow to impact a
company's bottom line. Cost segregation is the process of
identifying or segregating costs, typically in new construction or
acquisitions, for the purpose of accelerating depreciation expense
for qualifying building components. The tax savings achieved can
mean real dollars in the client's pocket.
Brook Fowler is a Senior Manager in the Flexible Staffing
Department of UHY Mann Frankfort Stein & Lipp Advisors, Inc. (UHY)
in Houston. He is a CPA and has worked for 12 years in the tax area
for both public accounting firms and industry. His firm, UHY,
has completed numerous cost segregation studies for a variety of
clients in many industries across the U.S.
Post-Meeting II 1:30pm - 2:30pm
Annual IIA Dallas Chapter Student Forum
Panelists include:
- Al Bazis, Director – Internal Audit, Dallas Area Rapid
Transit
- Carla Cashio, Senior Manager Audit Services, Textron
- Magdalena Kovats, Regional Director, Resources
Connection
- Debbie McKibben, Advisory Partner,
PricewaterhouseCoopers LLC
The forum brings together students from various area universities
and a panel of practicing internal auditors to answer questions
about the profession. Members may ask questions as well. It is an
opportunity to hear how other audit departments are structured, what
areas they are auditing, types of audits, how they are addressing
current issues in the internal audit profession, and other relevant
topics. Panelists are at different experience levels and from a
variety of industries to provide a broad perspective.
 This
meeting is being held at
CityPlace Conference
Center, 2711 North Haskell Street, Dallas, Texas 75204
The DART light rail station at CityPlace serves both the
RED and BLUE
lines. Check for schedules, routes and fare information at
http://www.dart.org/default.asp
Preferred Method:
The best method to place and confirm your reservation is via the
web site at
http://www.dallasiia.org/Reserve.htm.
Secondary Method:
An optional method is to use the telephone, fax, or e-mail.
However, a $2 phone/fax/e-mail fee will be assessed to each
reservation.
Contact: Kari Reddick
Triad Hospitals
Phone: 214-473-3820
Fax: 866-855-0085
kari.reddick@triadhospitals.com |
Meeting / Luncheon Fees: IIA
Members: $25
Ft. Worth Members may use their vouchers
Non-Members: $30
Students: FREE
Walk-ins (members or non): $30
Phone/Fax/E-Mail Fee: $2 |
Reservations must be received by 5:00pm on Thursday, February 3,
2005
or a $5 late fee will be charged.
We reserve the right to bill for "no-shows."
We Now Accept Credit Cards - Online Only

The IIA Dallas Chapter, in conjunction with PayPal, will now accept
payment online for the monthly luncheons. There is no change in the
cost to you for the lunch. We accept VISA, MasterCard, Discover,
American Express, or eCheck. Note that some corporate-issued cards are
not accepted by PayPal. This service is only available online at the
time the reservation is made. This can be used to pay for individual
or group reservations. Follow the instructions on our website. If you
properly cancel a reservation before the meeting, the Chapter will
either return the funds to you or reserve you for the next meeting.
Any questions, contact Melinda Lokey at 214-473-3823 or
melinda.lokey@triadhospitals.com.
After you place your reservation online, you will see the
link to pay via PayPal if desired.
Chapter News
Happy Trails to Pat Hagen
The Dallas Chapter Officers would like to wish Pat all the best
in his retirement from AAFES and Dallas IIA. We would like to thank
him for his many years of service to the Dallas Chapter and its
members as Education Chair. All members that have received CPE in
the last years, have Pat to thank for the managing the
administrative hassles of filing the paperwork, tracking the
courses, ensuring people sign-in, accumulating the evaluations,
providing the certificates, etc. The administration of the Chapter
can be burdensome at times, but thanks to dedicated people like Pat,
things always got done.
Pat – hope you are enjoying Arkansas – I am sure you will soon be
bored with the golfing and fishing and have to join the Little Rock
Chapter!
IIA Research Foundation
The Research Foundation has recently updated its Assessment
Guide for U.S. Legislative, Regulatory, and Listing Exchanges:
Requirements Affecting Internal Auditing. With increasing
attention to financial reporting — by legislators, regulators,
security analysts, institutional investors, and others — the roles
of boards of directors, audit committees, corporate management, and
external and internal auditors are changing. The relationships
between these entities are being reshaped by legislation and
regulations. This Assessment Guide begins the process of comparing
the key requirements of the Sarbanes-Oxley Act of 2002, proposed
Securities and Exchange Commission interpretations of the Act, and
proposed regulations by the listing exchanges and associations. It
is meant to be a living document and will be changed as new
regulations are approved. It is a free download form the Research
Foundation and can be found at
http://www.theiia.org/iia/index.cfm?doc_id=3979
CGAP and CFSA Exam Preparation Resources
The following will provide you with an update on
the available preparation resources available to candidates for the
Certified Government Auditing Professional (CGAP) and Certified
Financial Services Auditor (CFSA) exams. Please note that since the
revised/updated study guides for both exams will not be available
until after the May 2005 exam cycle, any candidates whose
eligibility expires in May 2005 will receive an eligibility
extension through November 2005 to accommodate the delay in the
study materials.
Certified Government Auditing Professional
The CGAP exam is a self-study exam and does not require a
prescribed curriculum. Candidates may choose their own method of
preparing for the exam.
CGAP Study Guide: The IIARF Bookstore is publishing a
revised CGAP Study Guide to include material on the new
international exam content. However, the revised guide will not be
available until after the May 2005 exam cycle. In the meantime, the
current CGAP study guide, now offered at a 50 percent discount,
will provide candidates with general government auditing information
that may be supplemented by reviewing the
IFAC's International Standards on Auditing and INTOSAI's Code of
Ethics and Auditing Standards. Candidates taking the U.S. version of
the CGAP exam should also study the
US
Government Auditing Standards (Yellow Book) in preparation for
the exam.
Other Study Materials: The IIARF Bookstore offers a couple
of books on government auditing. While these books are not written
as CGAP study guides, they may assist candidates in preparing for
the exam.
- Auditor Roles in Government Performance Measurement: A Guide
to Exemplary Practices at the Local, State and Provincial Levels
- Performance Auditing: A Measurement Approach
Sample Questions: The IIA provides a limited number of
sample questions on its website at
Certification/CGAP, to give candidates an understanding of the
types of questions that typically appear on the CGAP exam.
IIA Seminars: The IIA offers the following seminars on
government auditing practices and principles. While they are not
exam review courses, they may assist candidate in preparing for the
CGAP exam:
- Assessing Risk in the Public Sector
- Audit Reports in the Public Sector
- Evaluating Public Sector Controls Using COSO
- Management Accountability and Control per OMB A-123
- Performance Auditing in the Public Sector
On-Site Review Courses: Tom O’Connor, a third-party
training contractor, offers on-site review courses for the CGAP
exam. Tom is a CIA, CGAP, CGFM, CPA, and CFE and has been offering
these review courses since the inception of the CGAP program.
Affiliates or candidates may contact Tom directly at
tocgee@aol.com or 703-836-4965
for more information or to schedule a review session.
Graduate School, USDA Review Courses: The
Graduate School offers a CGAP review course to professionals and
federal, state and local employees in preparation for the exam. The
General Services Administration (GSA) has approved the Graduate
School, USDA under Federal Supply Schedule 69, contract number
GS-02F-0107N. (Note: these and any other third-party review courses
are not endorsed by The IIA.)
Certified
Financial Services Auditor
Exam Preparation Resources
The CFSA exam is a self-study exam and does not require a
prescribed curriculum. Candidates may choose their own method of
preparing for the exam.
CFSA Study Guide: The CFSA Study Guide that was published
in 2001 is now outdated and out of stock. The authors of the study
guide will be updating the content this year, but it will not be
available for purchase through The IIARF Bookstore until after the
May 2005 exam cycle. Please check back with us in August 2005 for an
updated status on the book’s availability for purchase.
Other Study Materials: The IIARF Bookstore offers several books
on general financial services auditing. While these books are not
written as CFSA exam study guides, they may assist candidates in
preparing for the CFSA exam.
- Auditing Derivative Strategies
- Auditing Investments
- The Broker-Dealer Audit Guide
- Economic Value Management - Applications and Techniques
- Financial Shenanigans: How to Detect Accounting Gimmicks and
Fraud in Financial Reports
- Mergers, Acquisitions, and Divestitures: Control and Audit
Best Practices
- Understanding the Mergers and Acquisitions Process
Sample Questions: The IIA provides a limited number of
sample questions on its website at
Certification/CFSA to give candidates an understanding of the
types of questions that typically appear on the CFSA exam.
IIA Seminars: The IIA offers the following seminars on
financial services auditing practices and principles. While these
are not exam review courses, they may be helpful to candidates in
preparing for the CFSA exam:
- Auditing Investment Activities
- Fighting Fraudulent Financial Reporting
Endorsed Internal Audit Program at the
University of Texas at Dallas Update
Internship Interviews begin in February
We are in the middle of our second year of the UTD Program and
will continue with a number of guest speakers during this semester.
We started out the semester with Jay Taylor, Director of Information
Technology Audit from General Motors. He had a special presentation
in the School of Management open to all students. His presentation
included an overview of the General Motors Internal Audit Group
along with the value that Internal Audit has provided to Finance,
Technology and top level management talent throughout General
Motors.
Since the Dallas Chapter has already planned a number of
excellent seminars for the spring, we are moving the “Fraud and
Follow the Money Seminar” at UTD planned for March to the
September/October timeframe. We would like for this event to be one
of the largest provided by the Chapter, so plan your Fraud training
for this fall.
We are looking forward to hosting the CIA and CISA review courses
at UTD in the future. Also, the CIA exam will be held this next May
at UTD.
The Student Chapter resumes will be updated for the spring
semester by February 1. These resumes are available on the IIA
Student Web site at
www.utdallas.edu/orgs/iia. If you are interested in any of the
students for full time positions or internships, please set up
interviews on campus at the School of Management. Recruiting for
interns will begin the week of February 21, so get your requests in
now. Many of the students will be at the February meeting. Twenty
new students have joined this semester! If you are interested in
students in the program contact Mark Salamasick at 972-883-4729 or
mark.salamasick@utdallas.edu.
Report Your Speaking and Writing
It's time again for the survey to determine which IIA Dallas
Chapter members have submitted articles or spoken in January, or
earlier if not reported. Each
speaking engagement on internal auditing that a Dallas Chapter member
completes will earn the Chapter 1 credit per CPD hour. Each full
article, Roundtable article, Fraud Finding, etc. submitted that meets
basic editorial guidelines will earn 5 credits. For each full article
published 20 credits are earned. Each internal audit related article
published in any other trade or professional journal that is authored
by a chapter member is 5 credits.
To report your writing and speaking go to
http://dallasiia.org/Speaking.htm and complete the provided form
by February 15, 2005. Contact Magdalena Kovats (214-777-0581 or
magdalena.kovats@resources-us.com)
if you have any questions
Chapter Seminars
Please note that the seminar originally scheduled for March 18,
2005, Fraud with Mark Salamasick and IRS at UTD, has been
postponed until later in the spring. Information on all chapter
seminars can be found at
http://dallasiia.org/Seminars.htm.
CIA
Exam Review Course - Time is running out!
Registration closes January 28, 2005
The Certified Internal Auditor exam is scheduled for May 18 -19, 2005. The
Dallas Chapter will once again sponsor an interactive CIA review course to help prepare
candidates. This four day course will be taught by Dr. Glenn Sumners,
Director of the Center for Internal Auditing at LSU. Comprehensive printed study materials
will be provided for the course. Register On-line for this review
course at
http://dallasiia.org/CIAReview_S05.htm#a01.
The course will be taught February 4 through February 7, 2005 (Friday - Monday), 8:00
AM to 5:00 PM each day, according to the following schedule:
February 4, 2003 Part I Internal Audit
Activity’s Role in Governance, Risk, and Control
February 5, 2003 Part II Conducting
the Internal Audit Engagement
February 6, 2003 Part III Business
Analysis and Information Technology
February 7, 2003 Part IV Business
Management Skills
(Please note if you are a CBA, CGAP, CCSA, CISA, CMA, CPA, CTA, CUCE, CRCM or CTCP you are
eligible to receive professional recognition credit for Part IV of the CIA Exam.)
Eight hours of continuing professional education (CPE) will be given
for each full day session. The course will be taught at the UTD School
of Management (SOM) Room 1.502. A map with directions to UTD can be
found at:
http://www.utdallas.edu/campusmap.html
Cost for the course is $125 for each part if you are a Dallas IIA
Chapter member, $150 for each part for non-members and members of other
chapters. A reduced rate is being offered to students in the Dallas
Chapter. Please contact David Gibbs at
davidgibbs5@comcast.net
for more information on the student rates.
Note: You may pay on-line with a credit card for this
course. You will be given that opportunity when your online reservation is confirmed.

If you choose not to pay on-line with a credit card,
the registration fee must be received by Toni Messer at the address below in order to reserve your place
at the course. Checks should be made payable to the Dallas IIA:
Toni Messer
UTD Office of Internal Audits
P.O. Box 830688 AD 32
Richardson, TX 75083-0688
For additional information about the review course, contact Toni
Messer at 972-883-2693 or
tmesser@utdallas.edu.
If you are interested in overnight accommodations, there are several
hotels near UTD (these are listed for information only; the Chapter has
made no arrangements with these hotels):
http://www.richardsontexas.org/Accomodations_All.htm
Career Opportunities
Are you currently in the job market either voluntarily or involuntarily? Let the Employment Committee help you. Send us your resume and we will include you
in our resume database. We receive calls from recruiters and hiring managers for open positions and will forward your resume if there is a match. We get calls for staff to director levels, IT
to finance, local to out of town. All inquiries will be handled confidentially. If you have any questions, give us a call or e-mail us. We look forward to helping you.
Fred Herman, Employment Committee Chairman, 972-801-1208,
fsjnherman@aol.com.
Ratliff Associates (1/28/05)
Experienced Sarbanes Oxley Interim Audit Senior
Ratliff Associates, recruiters of finance, accounting and IT
professionals, is IMMEDIATELY seeking a senior Financial
Auditor with 4- 6 months of Sarbanes Oxley experience for a project
engagement starting immediately through summer 2005 for a North Dallas
tech company.
Description:
Candidate will join the client in late stages of risk analysis and early
stages of testing and remediation to assist controller in refining the
internal SOX audit plan and then execute the plan.
Requirements:
- Minimum of 4 months of Sarbanes Oxley audit experience REQUIRED
- BS in Accounting or related degree
- CPA or CIA strongly preferred
- Excellent verbal and written communication skills a must
- Internal and/or External Audit experience a must (Big four
experience a plus)
- The ability to prioritize audit tasks, interface with internal
and external audit team in an efficient and productive manner, and
provide reliable follow through are “must haves”
- Travel requirement expected involves two separate one-week
remote site visits during entire six-month+ engagement.
Compensation:
Negotiable based upon experience level. Target $65hr. up
Qualified candidates please forward your confidential resume to
connie@ratliffassociates.com
Federated Department Stores, Inc. (1/28/05)
Senior Operational Auditor – Cincinnati OH
Overview:
Federated Department Stores, Inc., parent company of Macy’s and
Bloomingdale’s, is seeking Senior Auditors to be based at its
headquarters in Cincinnati OH. The primary responsibility of this
position will be to assess the adequacy and effectiveness of financial
and operational controls throughout the organization.
Key Accountabilities:
- Participate in all aspects of the audit process, including
revising/developing audit programs, planning and conducting audits,
work paper preparation, report writing and job wrap-up.
- Participate in oral and written presentations of audit findings
to senior management.
- Clearly communicate to audit management and team critical issues
and potential audit items as they are identified.
- Participate in the risk assessment process and audit frequency
planning.
Skills Summary:
- Bachelor’s Degree in business required, prefer accounting or
auditing.
- 2-3 years prior auditing experience required.
- Professional certification (CIA or CPA), required.
- Proven ability to work independently and as part of a team and
to apply analytical and negotiation skills.
- Strong written and verbal communication skills.
- Strong attention to detail.
- Approximately 60 - 80% travel required.
Federated Department Stores, Inc., is an equal opportunity employer.
Click on the following link to apply:
http://federatedcorporatejobs.wfrecruiter.com/jobapp_candidate.asp?job_id=39440
Impact Innovations Group (1/21/05)

Director of Internal Controls and Compliance
Permanent Position located in Denton, TX.
Qualified Candidates will meet the following requirements:
- A bachelor’s degree in Accounting or other business field required
- CPA, CIA, or MBA preferred
- 5-7 years retail internal audit experience or public accounting
with 5 years experience at Manager or Director level
- Ability to identify and execute improvements in the business
environment
- Sarbanes Oxley Audit experience
- Experience in food, hospitality or retail preferred.
- Highly prefer retail/store audit experience.
Responsibilities included but not limited too:
- Direct and supervise the day-to-day activities of the Internal
Controls & Compliance department. Implement & execute procedures to
include: cash control, acquisition due diligence and operational store
audits.
- Develop & review annual plan based on an assessment of
Business/Financial risk that effectively utilizes all resources,
ensuring resources are effectively deployed & costs appropriately
controlled.
- Prepare and conduct in quarterly Management Committee Meetings.
- Devise strategies to ensure Sarbanes-Oxley compliance & other
regulatory regulation.
- Position reports to the CFO and is responsible for financial &
operational audits for worldwide operations.
- Excellent compensation plan including 401K, profit sharing, bonus
and stock options.
Salary is $100-125K + bonus, may be flexible depending on experience.
Director of IT Audit
Permanent Position located in Downtown Dallas
Technical Knowledge Required:
- CISA, CPA, CIA certification
- Intermediate knowledge of PeopleSoft applications and security
- Highly technical, advanced knowledge of Information Technology
concepts, software, auditing practices and standards, trends, and best
practices
- Intermediate knowledge of GAAP and business accounting; Advanced
analytical, organizational and communication skills and ability to work
independently, lead, and motivate others.
- Bachelors degree in Computer Science, Information Systems,
Accounting, Business Administration or a related field with 8 + years of
progressively responsible internal and/or external IT audit experience
and CISA certification.
- Advanced degree in Computer Science, Information Systems or
Business Administration; Prior programming, systems development, data
security, and/or computer network experience
- Retail industry IT systems or auditing experience and prior
consulting or practice leadership experience with major professional
services firm.
Responsibilities will include:
- Develop, direct, plan and oversee the company's Information
Technology (IT) Internal Audit activities, including the work performed
by outside contractors.
- Responsible for development and implementation of continuous
auditing procedures including exception reporting using specialized
internal audit software such as ACL, existing technology and application
systems.
- Direct company and contractor personnel in performing independent
audits and special reviews of company IT functions, computer
applications, systems implementations, data processing centers,
processes, contracts and other activities.
- Monitors the planning and execution of each audit, reviewing
critical outputs, and reporting the results of the audit to management;
In conjunction with the VP Internal Audit, assist the Audit Committee
and executive management in identification and control of IT-related
risk associated with the achievement of company financial reporting,
operational and compliance objectives
- Develop a thorough understanding of company computer systems,
technology, hardware, business processes, policies and procedures and
provide consultative assistance to management
Salary is $100-125K + bonus, may be flexible depending on experience.
Federal Home Loan Bank (1/13/05)
FEDERAL HOME LOAN BANK OF DALLAS
EXEMPT JOB DESCRIPTION
Title: SENIOR AUDITOR |
Job Code: 8930 Level: 26 |
Division/Group: Office of the President |
Dept: Audit |
Reports To: Director of Audit |
Last Revision: November, 2004 |
BASIC PURPOSE
Under general supervision, performs professional auditing work of
considerable difficulty and complexity, planning and leading audits, and
providing lead and work direction to other professional auditors.
PRINCIPLE ACCOUNTABILITIES
- Plans, supervises and conducts audits, which are frequently
complex in nature, of financial, compliance, operational, and IT areas
to determine if operating units are in compliance with Bank policies
and procedures, applicable laws and regulations and GAAP.
- Establishes, with limited supervision, audit objectives, time
estimate, plan of work, and supervises or performs data collection and
documentation and evaluates results.
- Prepares audit workpapers which document audit procedures
performed according to the departmental guidelines.
- Prepares written audit recommendations and presents them to the
auditee.
- Prepares written audit reports and discusses them with the
auditee.
- Assists other staff auditors when assigned.
- Provides consulting service to clients on matters relating to
internal controls, operations or accounting matters.
- Determines if appropriate corrective action has been taken on
deficiencies noted during audits and examinations by testing
corrective action and reporting the results to management.
- Assists Bank's CPA firm in their annual examination when assigned.
- Assumes additional responsibilities as assigned.
JOB SPECIFICATIONS
- Bachelor’s degree with a major in accounting. A business related
degree may be substituted provided the candidate has completed at
least 18 hours of accounting courses and 3 or more hours of computer
science courses.
- Professional Certification (CPA, CIA or CISA) highly preferred.
- 3-5 years experience in all types of audits including financial,
operational and IT/EDP, or significant and related bank accounting
experience of a comparable nature.
- Excellent microcomputer skills. Advanced skills with spreadsheets
and word processors. Intermediate skills in operating systems and
utility programs, with knowledge of flowcharting software preferred.
- Working knowledge of audit software preferred.
- Excellent communication, project management and interpersonal
skills.
- Strong detail orientation and excellent analytical skills.
TO APPLY FOR THIS POSITION, PLEASE VISIT OUR WEBSITE AT
http://www.resourcehire.com/clients/fhlbdallas/publicjobs/

Grant Thornton (1/13/05)

Grant Thornton LLP is an Equal Opportunity Employer. Founded in 1924,
Grant Thornton serves public and private midsize clients through 48
offices in the United States and in 585 offices in 110 countries. Grant
Thornton LLP's web site is
www.GrantThornton.com.
Title: Internal Audit Associate
Our Business Risk Services (BRS) group, a specialty advisory practice
within Assurance and Advisory Business Services, is a growing practice
providing strategic solutions, operational performance improvement and
assurance support to our clients. Grant Thornton seeks a team player
with a strong work ethic and excellent professional skills for the role
of Associate- Internal Audit Services.
This professional will perform internal audit procedures under the
direction of the internal audit management team and in accordance with
the client's audit plan, risk management strategy and Grant Thornton's
internal audit methodologies.
Responsibilities:
Maintain a strong client focus by effectively serving client needs
and developing productive working relationships with client personnel.
Stay abreast of current business and economic developments relevant
to the client's business.
Deliver high-quality client service by directing the daily progress
of fieldwork and informing Managers of engagement status.
Respect and protect confidential client information.
Display teamwork, integrity and leadership.
Support colleagues and value others' contributions.
Provide constructive on-the-job feedback and coaching.
Utilize technology and tools to continually learn and innovate, share
knowledge with team members and enhance the delivery of services.
Bring potential business opportunities to the internal audit
management team's attention.
Actively encourage team members to contribute ideas and identify
potential business development opportunities to sell Grant Thornton's
services.
Requirements:
- a Bachelor's degree in Accounting, Finance or a business-related
field
- 1-4 years minimum of related audit, business or financial
experience
- CPA, CIA or a desire to pursue applicable professional development
and certification(s)
- strong analytical, interpersonal and communication skills
- demonstrated consistency in values, principles, and work ethic
Candidates must be available to travel 30-45% and work in excess of
standard hours when necessary.
Interested Candidates should submit a resume in confidence to
TexasBASCareers@gt.com or
fax 214-561-2370.
Grant Thornton is an equal opportunity employer.
Title: Internal Audit Manager
Our Business Advisory Services (BAS) group, a specialty advisory
practice within Assurance and Advisory Business Services, is a growing
practice providing strategic solutions, operational performance
improvement and assurance support to our clients. Grant Thornton seeks a
team player with a strong work ethic and excellent professional skills
for the role of Manager- Internal Audit Services. This
professional will supervise and perform in accordance with the client's
audit plan, risk management strategy and Grant Thornton's internal audit
methodologies.
Responsibilities:
Maintain a strong client focus by effectively managing client needs
and developing productive working relationships with client personnel.
Stay abreast of current business and economic developments relevant to
the client's business. Deliver high-quality client service by directing
the daily progress of fieldwork and informing Managers of engagement
status. Respect and protect confidential client information.
Display teamwork, integrity and leadership. Support colleagues and
value others' contributions. Provide constructive on-the-job feedback
and coaching.
Utilize technology and tools to continually learn and innovate, share
knowledge with team members and enhance the delivery of services.
Develop potential business opportunities. Actively encourage team
members to contribute ideas and identify potential business development
opportunities to sell Grant Thornton's services.
Requirements:
- a Bachelor's degree in Accounting, Finance or a business related
field
- 5-7 years minimum of related audit, business or financial
experience
- CPA a plus, CIA required
- strong analytical, interpersonal and communication skills
- demonstrated consistency in values, principles, and work ethic
Candidates must be available to travel 20-30% and work in excess of
standard hours when necessary.
Interested candidate should submit a resume in confidence to
TexasAuditCareers@gt.com or fax 214-561-2370. Job code: Dallas IA
Mgr
Grant Thornton LLP is an Equal Opportunity Employer.
Brinks Home Security (1/5/05)
Job Title: Auditor
Brink's Home Security was founded in 1983 as an affiliate of Brink's
Incorporated - the world's largest provider of secure transportation
services. Our headquarters are in Irving, Texas, where the National
Service Center (NSC) provides alarm monitoring and other customer
services. Today, Brink's Home Security monitors security systems for
more than 896,000 customers in over 200 markets in the United States and
Canada.
We are looking for hard-working, enthusiastic individuals to become
part of the Brink's Home Security Team. We offer a variety of rewarding
and challenging career opportunities with competitive salaries, an
inspiring work environment, great benefits and professional development
opportunities.
We currently have an excellent opportunity at our corporate
headquarters located in Irving, Texas for a Branch Field Auditor.
SUMMARY: This position is responsible for planning and
executing audit reviews at the approximate 60 field locations and
various NSC departments of Brink’s Home Security. These reviews are
designed to assess compliance with the Company’s operating and financial
control procedures and recommend modifications to these procedures, when
required. Changes are recommended when procedures or compliance
therewith is deemed inadequate to maximize the resources or
opportunities of the Company and/or safeguard Company assets.
Additionally, the position performs specific audit procedures to assist
the Company’s external auditors with the year-end audit, ensure
compliance with Sarbanes-Oxley internal control documentation and assist
with key NSC process redesign initiatives to increase efficiency and
effectiveness.
ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following. Other
duties may be assigned.
- Design risk base audit matrix to identify field locations and NSC
functions to audit. Design, develop and maintain audit methodology and
approach to meet both financial and operational objectives (safety, HR
compliance, record retention, inventory utilization, etc).
- Responsible for identifying and testing of key internal controls.
Has authority to expand or reduce scope based upon level of internal
control identified. Establishes own working hours and travel schedule.
- Act as the primary contact person for any internal control and
audit related matters at Brink’s Home Security.
- Deliver written audit reports and final issues with recommended
actions and clear improvement commitments by management to be included
in the audit reports. Propose future audit work on scheduled
assignments and future audit assignments to the Controller based on
senior auditor’s experience and exposure to current Company practices
and industry developments.
- Establish close working relationships through mutual respect with
all levels of management and staff, wherever located. This close but
effective relationship must be developed even though contacts are
brief and occasional.
- Participate on process redesign and improvement teams to give
holistic view to project and ensure internal control objectives are
represented and met.
- Recognize when pre-arranged audit steps or generally applicable
audit recommendations are not appropriate in the circumstances. These
circumstances include the informal, as well as established methods of
operation.
- Identify internal control and procedural best practices at the
field locations and champion their use across the Company.
- Develop innovative methods of completing departmental objectives
including using computerized audit software designed internally, or by
obtaining knowledge of improved audit techniques currently utilized in
the industry and by The Brink’s Company.
- Provide monthly reporting audit status and key performance
indicators as it relates to the audit department.
- Develop and maintain formal policies and procedures for the audit
department as necessary.
- Approximately 20-30% domestic travel, as determined by audit
assignments, typically lasting no more than 2 days per trip.
- Other duties and responsibilities may be assigned as needed by
management
QUALIFICATION REQUIREMENTS: To perform this job successfully,
an individual must be able to perform each essential duty
satisfactorily. The requirements listed below are representative of the
knowledge, skill, and/or ability required. Reasonable accommodations
will be made to enable individuals with disabilities to perform
essential functions.
EDUCATION AND EXPERIENCE:
- Bachelor’s Degree in accounting, finance or business relate field.
- 4-6 years of audit experience in a large national accounting firm
or Fortune 500 internal audit department. Certified Public Accountant
or Certified Internal Auditor required.
- This position requires excellent auditing skills and a keen
perception of how procedures and methods should work, particularly
when established policy or procedures do not exist. Knowledge of COSO
internal control framework and requirements of the Sarbanes Oxley Act
of 2002 required. In order to maintain these capabilities, extensive
continuing education and a professional attitude are required.
- This position requires an enthusiastic and motivated individual
who can nurture respect and confidence by those being audited very
quickly across various levels of company management and field
personnel. The incumbent must be effective without the comforts of
routine contacts and functions and have quickness of mind and very
clear thought processes since all audit activities are performed with
significant time pressures and are often executed in an environment
away from their established home location.
- Knowledge of Microsoft Office. Additional competency in Access and
Lotus Notes desired.
LANGUAGE SKILLS: Ability to read, analyze and interpret
general business periodicals, professional journals, technical manuals,
procedures, financial policies and pronouncements, and government
regulations. Ability to produce clear and concise reports, business
correspondence, and procedural manuals. Ability to clearly and
effectively present information and respond to questions from groups
from both within and outside the Company.
MATHEMATICAL SKILLS: Ability to work with mathematical
concepts such as linear regression analysis, probability, statistical
inference, fundamentals of financial analysis, solid geometry,
trigonometry, fractions, percentages, ratios and proportions to
practical situations.
REASONING ABILITY: Ability to define problems, collect data,
establish facts and draw valid conclusions. Ability to interpret an
extensive variety of technical instructions in mathematical or diagram
form and deal with several abstract and concrete variables.
OTHER SKILLS AND ABILITIES: Ability to interact with all
levels of the organization.
PHYSICAL DEMANDS: The physical demands described here are
representative of those that must be met by an employee to successfully
perform the essential functions of this job. Reasonable accommodations
may be made to enable individuals with disabilities to perform the
essential functions.
While performing the duties of this job, the employee is occasionally
required to stand; walk; sit; use hands to finger, handle, or feel
objects, tools, or controls; reach with hands and arms; and talk or
hear.
The employee must occasionally lift and/or move up to 50 pounds.
Specific vision abilities required by this job include close vision.
WORK ENVIRONMENT: The work environment characteristics
described here are representative of those an employee encounters while
performing the essential functions of this job. Reasonable
accommodations may be made to enable individuals with disabilities to
perform the essential functions.
The noise level in the work environment is usually moderate.
To be considered, please email your resume to
mhicks@brinks.com.

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