April 2009

The President’s Letter

I am a big baseball fan, so I keep finding myself thinking of our May Social out at the Ballpark each time I think of the remainder of the IIA year.  However, I have to remind myself we have a couple of big events between now and then.  So, let’s focus on what is right around the corner, before we get ahead of ourselves with the baseball game.

First off, we have the Fraud Summit on March 27th at the University of Texas at Dallas (UTD).  Mark Salamasick and team have a great program planned and keep teasing us with a “surprise guest”.  I am thinking it will be William Shatner; he seems to be up for anything these days.

On April 2nd, we head to the Doubletree by the Galleria as the IIA Road show of 2008/2009 continues.  This meeting will feature William Cobb of PricewaterhouseCoopers, as he discusses the impact FAS 141R and 160 will have on Business Combinations and Non-Controlling Interests on Financial Statements.  William will be preceded by Priya Sarjoo of Grant Thornton as she discusses how to monitor internal controls systems.   Santos Monroy, the President of the Houston Chapter and Director for Internal Controls for Sirius Solutions, will make a trip to Dallas to discuss continuous auditing – Human Action Metrics at our post meeting.  Santos talked to me some about this at the District Meeting last summer and he definitely has a unique and interesting perspective on this subject.  I suggest you make an extra effort to stick around to the end of this meeting.  Maanasa Jain and Dana Smith, Senior Managers at PricewaterhouseCoopers, will discuss IT General Controls at our April CAST meeting.

When attending these events, try not to think too much about May 14th when the Rangers will be avenging the Mariners for that last crushing midday extra inning defeat from last year.  This year, Ichiro will be sent home on “Get Away Day” crying and wondering about those boisterous, crazed fans in the right field stands.  He will never suspect they were a bunch of auditors.

Thanks,

Jay Blanchard
2008-2009 President - Dallas Chapter IIA

Next Meeting - Thursday, April 2, 2009
Doubletree Hotel – Near the Galleria

Audit Trends

Meeting 12:00pm - 1:30pm
Registration begins at 11:30pm

Business Combinations and Non-controlling Interests - FAS 141R and 160
Will Cobb - PricewaterhouseCoopers Audit Senior Manager

The new Business Combinations rules are a topic of great interest for many companies.  This program educates members on the significant changes to current practice resulting from the issuance of FAS 141(R), Business Combinations and FAS 160, Non-controlling Interests in Consolidated Financial Statements.  The course also examines accounting matters encountered not only upon acquisition, but also post-acquisition, such as impairment.  Learners will acquire skills and knowledge to help identify and resolve accounting and financial reporting issues.

Will Cobb has more than 10 years of experience serving clients in a variety of industries, including healthcare and not-for-profit.  He has significant experience transitioning and serving large public entities, not-for-profit and governmental entities, mergers and acquisitions, A-133 compliance, complex accounting issues and the Sarbanes-Oxley implementation.  Will is a leader in the PricewaterhouseCoopers Dallas practice’s implementation of the new acquisition accounting guidance under FAS 141R and FAS 160, and works with the Firm’s national leadership in ensuring consistent application of these complex new standards.  Will received his Bachelor’s and Master’s degrees in Accounting from Auburn University.  He is a member of the American Institute of Certified Public Accountants and is licensed in several states.  Clients served include Sun Healthcare Group, University of Alabama System, St. David’s Healthcare Partnership, Valley Baptist Health System, Horizon Medical Products., Auburn University, Bearing Point, L-3 Communications, and Saks, Inc.

1 Hour Continuing Education


Core Audit Skills Track (CAST)
The Dallas IIA is launching an exciting new initiative that will focus on critical skills necessary for all auditors to master and comprehend in order to succeed in the practice of internal auditing.  Subject matter experts will present topics such as: the professional standards, building the audit report, closing conference strategies, audit evidence, etc.  The program will present a new topic every month as a separate track pre-meeting lasting for approximately two years.  Those who attend a majority of the sessions will get special recognition.

CAST Meeting 10:30am - 11:30am
Registration begins at 10:00am

IT General Controls
Maanasa Jain, PricewaterhouseCoopers Senior Manager
Dana Smith, PricewaterhouseCoopers Senior Manager

Most internal audit groups conduct ITGC (IT General Controls) reviews, whether it be for Sarbanes-Oxley or for operational/financial purposes. The concept of the importance of ITGCs as it impacts systems implementations, comfort gained over automated controls, or the relationship between ITGCs and system reports/automated accounting procedures have become clear over time.  However, the inter-linkage between ITGCs and the financial audit (conducted by external auditors) is not always clear to management.

As companies continue to strive for more effective and efficient audits within their own environment, understanding the external auditor's balance between a controls based audit (including ITGC reliance) and a substantive audit are critical.

Dana Smith is a Senior Manager in the Assurance Industrial Products and Retail Practice of PricewaterhouseCoopers with over 12 years of experience serving multinational public clients in the Retail, Consumer and Industrial Products industries.

Dana collaborated with three multi-location public companies in the initial year of 404 to design the appropriate approach; this included making decisions regarding scoping, timing of the work, volume of the work, analysis of design, and related deficiencies and consideration of the appropriate level of reliance placed on others' work.  Since the adoption of 404, Dana has additionally worked with multiple companies on the adoption of PCAOB Auditing Standard, No. 5, An Audit of Internal Control over Financial Reporting that is Integrated with an Audit of Financial Statements.  This adoption enabled companies to decrease the number of controls and related time and costs. In addition to integrated audit experience, Dana has assisted numerous clients with mergers and acquisitions, regulatory filings, private placement offerings, and comfort letters.  She is an assurance methodology leveraged expert for PwC's North Texas Market.  Additionally, Dana has significant experience leading seamless coordination with other lines of service, including tax and IT.  She spent nine years in the Portland, Oregon office before transferring to Dallas three years ago.

Dana earned her BBA in Accounting and Finance from Texas Christian University and is a licensed CPA in Oregon and Texas.

Maanasa Jain is a Dallas-based Senior Manager in the Systems and Process Assurance practice of PricewaterhouseCoopers. She has over 11 years of combined experience in auditing and consulting within the business process and information technology fields. For the past four years, Maanasa has been focused on Sarbanes-Oxley compliance efforts, both from an external audit perspective as well as serving in an advisory capacity for non-audit clients. She has led engagements to assist clients with Sarbanes readiness for multi-billion dollar companies. Maanasa has also assisted clients though major business changes including business process and IT controls redesign for several high-technology, retail and consumer products companies. Most recently, Maanasa has been speaking to several companies in the marketplace regarding AS5 and its impact on their organizations. She is one of the local market leads for internal controls optimization.

Maanasa has a B.B.A. in Management Information Systems from Texas A&M University. She is also a Certified Information Systems Auditor (CISA).

1 Hour Continuing Education


Pre-Meeting 10:30am - 11:30am
Registration begins at 10:00am

Guidance on Monitoring Internal Control Systems
Priya Sarjoo - Senior Manager Grant Thornton

Why should companies be concerned about monitoring internal control systems?

Internal control systems that are not monitored effectively deteriorate over time, thus increasing the risk of potentially significant control failures.  Today, businesses change quickly and the importance of good monitoring increases as organizations get more complex.

COSO developed monitoring guidance because they observed some organizations had effective monitoring in certain areas, but were under-utilizing the results of the monitoring to support their conclusions about the effectiveness of internal control.  Consequently, organizations often added unnecessary redundant internal control evaluation procedures.  Meanwhile, other organizations were not making the best use of ongoing monitoring procedures or lacked necessary monitoring procedures.

Grant Thornton’s internal control specialists were the project leaders and main contributors to COSO’s guidance.  During this presentation, you can hear firsthand how companies can improve the effectiveness and efficiency of their internal controls systems.  Our discussion will explore ways in which monitoring can be incorporated or increased into internal control processes and we will also discuss how effective monitoring helps reduce costs within the internal control system.

Priya Sarjoo joined Grant Thornton in 2001 having previously worked in the private sector in the wholesale assembly and distribution, and hospitality industries.  With more than 15 years of experience in accounting, internal controls and business process improvement, Priya has assisted companies with operational improvements and with developing appropriate internal controls to manage their risks.

Priya has helped her clients with their internal audit needs, including compliance auditing, improving operational efficiencies, enhancing monitoring mechanisms, and streamlining management reporting systems.

Priya has also worked extensively with U.S. public companies in the Consumer and Industrial Products, Technology, and Hospitality and Gaming sectors in preparation for compliance with the U.S. Sarbanes-Oxley Act.  Specifically, she has helped her clients use the COSO framework to assess their entity and process-level risks; implement and document internal controls; implement and test controls in corporate governance, business and financial reporting processes; and evaluate deficiencies.

Priya has significant experience working with Board members and Board level Corporate Governance and Audit Committees to help them improve and develop their corporate governance practices.  Her work with Board Committees includes working directly with directors to implement oversight, monitoring and reporting mechanisms, implement whistle-blower programs, and assist with committee self-evaluations.

Priya has also worked with clients to help improve usage of their information technology business systems.  She has identified inefficiencies and gaps in client processes and helped design processes which improved client use of existing technology.  Additionally, she has provided guidance in the selection, evaluation and analysis of a financial application including General Ledger, Accounts Payable, Accounts Receivable, and Fixed Assets.  She identified and documented the key business requirements, developed a detailed demonstration script, and provided guidance with vendor analysis.

1 Hour Continuing Education


Post-Meeting 1:30pm - 2:30pm

Continuous Auditing-Human Action Metrics
Santos Monroy - Sirius Solutions Internal Audit Director & President of the Houston Institute of Internal Auditors

Corporations are continuously exposed to operational deficiencies, financial reporting assurance delays, significant errors, possible frauds, security access, and other operational inefficiencies that may lead to immediate or future financial reporting loss.

This session will enable attendees to take action immediately and assure operational, financial and IT efficiency. Human Action Metrics has been implemented to monitor over $100 billion dollars.

Continuous Auditing allows for immediate reporting. It enables internal audit, information security, and risk management to audit and monitor daily operations, financial systems and IT access. You will learn to automate:

  • Internal Controls
  • Exception Reporting
  • Operational Improvement
  • Assurance in Financial, Operational and IT activities

Santos Monroy is a Director for Internal Controls for Sirius Solutions. During his 15 year career, he has worked in or consulted with Fortune 1000 and mid-size companies. His financial and banking experience in audit, operations and IT has enabled him to develop continuous auditing techniques that enabled management to audit and monitor $100 billion for a GE Capital private commercial loan servicing company. Continuous Auditing and Risk Management is his passion.

Santos has a diverse set of skills of IT, Operations, Finance and Audit. He is the current President for the Houston Chapter Institute of Internal Auditors.

 

1 Hour Continuing Education


A reward that you can feel.

Dallas IIA monthly meetings are rewarding in their own right – whether for the great line up of speakers, the CPE credit, to network with colleagues, or to hone your skills with the new CORE Audit Skills Track (CAST), there are plenty of reasons to attend each month. This year, the Membership Committee is sweetening the deal even more: each monthly IIA meeting you attend increases your chance to win an iPod touch that will be awarded during our May meeting.


This meeting is being held at Doubletree Hotel - Near the Galleria
4099 Valley View Lane, Dallas 75244

Preferred Method:

Place and confirm your reservation via the web site at http://www.dallasiia.org/Reserve_0409.htm.

Contact:

Lori Cannafax

lcann3@jcpenney.com

Meeting / Luncheon Fees:

Dallas IIA: $35
Non-Members: $45
Students: $25
Walk-ins/late registrations (members or non): $45

Reservations must be received by 5:00 PM on Friday, March 27, 2009.

Registration Cancellation and No-Show Policy

  • The deadline to cancel your registration is 11:00pm on the Tuesday prior to the luncheon.
  • If you register for an event and do not cancel prior to the deadline, you will be charged for the event. If you did not pre-pay for the event, an invoice will be sent to you. You may alternatively send someone in your place.
  • To cancel your registration, please send an email to CANCEL@dallasiia.org.

We Now Accept Credit Cards - Online Only

We accept most major Credit Cards

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 web site.  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 Abe Paul at treasurer@dallasiia.org.

After you place your reservation online, you will see the link to pay via PayPal if desired.

Seminars

Network Auditing Course
Hosted by JCP

Class size is limited to the first 50 paid registrants!

Date: April 30 through Friday, May 1, 2009 (Thursday and Friday)
Time: 8:00AM – 4:00PM; Thursday check in begins at 7:30 am
Location: JCPenney Home Office
6501 Legacy Drive
Plano, TX  75024 - Map at http://dallasiia.org/Seminar_043009.htm#LOC
Cost: $300 (includes training materials, continental breakfast, lunch, snacks and beverages).  Payment is due at time of registration.  We recommend that you pay through PayPal to confirm your registration.
Register: Online at http://dallasiia.org/Seminar_Reserve2.htm. If you have any questions, please contact Pamela Krakosky at pkrakosky@verizon.net
CPE Credits: 12
Deadline: April 20, 2009 is the last day to register.
Cancellation: There is a $60 cancellation fee per registrant on cancellations between April 20 and April 24.  Refunds will not be granted after April 24, however, substitutions are permitted.  If payment has not been received by April 20, the Dallas Chapter of the IIA reserves the right to deny entrance as we expect this seminar to sell out.

Instructor
Tanya Baccam, Baccam Consulting, LLC
Tanya is a SANS senior instructor, as well as a SANS courseware author.  She provides many security consulting services for clients such as system audits, vulnerability and risk assessments, database assessments, web application assessments and penetration testing.  Tanya has previously worked as the Director of Assurance Services for a security services consulting firm, as well as being the Manager of Infrastructure Security for a healthcare organization.  Tanya also served as a Manager at Deloitte and Touche in the Security Services practice.  Throughout her career, she’s consulted with many clients about their security architecture, including area such as perimeter security, network infrastructure design, system audits, web server security, and database security.  She has played an integral role in developing multiple business applications and currently holds the CPA, GCFW, GCIH, CISSP, CISM, CISA, CCNA, CCSE, CCSA and Oracle DBA certifications.

Objectives
This two day course teaches how to audit key network components in depth, including routers, switches, firewalls, IDS/IPS and wireless access points, including the tools and techniques to audit such systems.  Vulnerability scanning and assessment techniques are also investigated.  Review critical systems that exist on the network and identify what key items should be reviewed to properly secure the environment.  Services such as DNS, mail, and web services are discussed.

Target audience:
IT Auditors, IT Risk Management and IT Network Professionals.

What You Need:
Laptop Computer with CD-Rom drive, a minimum of 3 gigabytes of free hard disk space, a minimum of at least 1 gigabyte RAM, Windows XP Professional SP 2 or higher, and administrative privileges or the capability to install and run tools.

Chapter News

CIA Programs

Congratulations to our New CIA’s

Ceremony to Honor New CIA’s and CCSA’s

The Dallas Chapter will be honoring the 17 new CIA’s and seven new CCSA’s who completed their examination requirements between October and December 2008 at the April 2, 2009 meeting.  CIA and CCSA honorees will receive a free luncheon for them and their guest.  Instructions on how to register for the meeting will be emailed to the honorees.

Congratulations to the following honorees:

Certified Internal Auditors:

Robert Schmidt
Andrew Knight
Bryan Linquist
Janet Miller
Tim Esch
Uzma Kazi
William Deiterman
Danny Clark
Heon Jon Jeong
Daniel Fontenot
Jeremy Salas
Cristian Aquino
Jeff Gutzler
Mujeeb Elahi
Wai Ng
Suzanne Moerbe
Dustin Robinson

Certifications in Control Self-Assessment:

Kathrine Foo
Katherine McMahon
Dustin Robinson
Jeremy Salas
Angela Rodgers
Charles King
Karen Black
Darwin Dela Cruz

Frequently Asked Questions

Q:  I haven’t received my certificate yet – where is it?

A:  Contact the IIA certification department: Email at certification@theiia.org or call 407-937-1100.

Q:  How do I register for the exam?

A: http://www.theiia.org/certification/certified-internal-auditor/certification-candidate-management-systems/

Mark Your Calendars!   2009 CIA Review Course Schedule

NEW DATE!  The next CIA review course will be held in September 2009 and taught by Dr. Glen Sumners of LSU.  The course will be held at The University of Texas at Dallas.  Registration will be announced in July 2009 for the September course.


Research Committee Update

The annual Research Committee Survey begins now! Please click the link below to review the directions and begin the survey. Remember, the survey is anonymous, but you need to enter a valid email address after you complete the survey to be entered into a drawing for one of five $50 gift cards to use wherever you like!

Thank you in advance for participating in the Research Committee Survey.

http://IIA-Research-Survey.questionpro.com


Annual Member Survey

Please take a minute to complete the Annual Member Survey:

IIA Dallas Chapter :: 2009-2010 Member Survey


http://som.utdallas.edu/iaep
Sold out Again!

Thank you all for supporting the annual UTD Fraud Conference, which gets better every year.  We sold out almost three weeks in advance of the conference, and have much to offer with concurrent case study sessions in the afternoon.  Last year, we provided a book for all attendees; this year, we have a special guest, depicted as one of the main characters in the movie “Breech”.  Registration was closed out early this year, due to the overwhelming early response. Next year, the Fraud Conference will be on March 26, 2010, and we will again be at UTD.  Make sure to register early again next year!

As many of you know, this one day event has been a signature event of the program and provides for the continued funding of the program, along with the growth of the program through marketing efforts.  We are getting even more calls for entry level students in internal audit, with audit groups looking for interns.  Many students are looking for internships to get their careers started, in addition to see which employer best has the culture they are looking for.  We still have difficulty marketing the program to other students and getting the word out about internal audit.  Large events such as the Fraud Conference helps in having others see the significance of internal audit and the interest in internal audit.

If you are interested in recruiting on campus or assisting the program in any way, contact Mark Salamasick at 972-883-4729 or mark.salamasick@utdallas.edu.  We are always looking for additional site tours and always welcome sponsors for our Wednesday receptions.  There are a number of students still available for full time and internship opportunities, and a website is available with student resumes at www.utdallas.edu/orgs/iia. Contact Mark Salamasick for password access to the resumes.  


 IIA Research Foundation

The IIA Research Foundation has issued a report available for free download entitled International Financial Reporting Standards (IFRS): What Internal Auditors Need to Know.  The International Financial Reporting Standards (IFRS) — a set of global accounting standards developed by the International Accounting Standards Board (IASB) — are quickly becoming the worldwide norm for financial statements in publically traded entities. This research report aims to provide internal auditors with a working knowledge of this important challenge facing many companies and to help in planning for the road ahead.  Highlights in this report:

IFRS versus U.S. GAAP: What is the difference?
Internal audit’s responsibility in the IFRS process.
Business Impact: Key changes to expect from IFRS.
Proposed timeline for IFRS Convergence in Unites States.
Summary and IFRS resources.

The report can be downloaded free of charge from The IIA Web site at www.theiia.org/research/research-reports/chronological-listing-research-reports; however, a contribution is requested. 


Are You Looking For a Job? If so, the Dallas Chapter Wants to Help.

Did you recently lose your job as an internal auditor?

Do you know someone that recently lost their job as an internal auditor?

Unfortunately, there are many of us that can answer yes to the first question and most of us can answer yes to the second question. Internal auditors at all levels are being laid off from their companies, whether public, private, government or consulting.

The Officers and the Board of Governors of the Dallas Chapter of the IIA are concerned about the impact of the current economic conditions to our membership and we want to help.

Did you know there is an Employment Committee? This Committee, chaired by Greg Dubis (gdubis@jcpenney.com) acts as a match-maker for those companies that have job openings with members that are looking for a job. Please contact Greg if you have a job opening or if you are looking for a job.

In addition to the Employment Committee, we are currently evaluating what else the Dallas Chapter can do to help those without a job. To do this, we need to better understand how many members have lost their job and are looking for a new position.

In the very near future, we will ask you to complete a survey to help us better determine what we can do.


Report Your Speaking and Writing

It's time again for the survey to determine which IIA Dallas Chapter members have submitted articles or spoken since march . 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 April 15, 2009.

Employment Opportunities


Warrantech  (3/11/09)

POSITION:  OPERATIONAL AUDITOR
LOCATION:  BEDFORD, TX

PURPOSE OF THE POSITION:  The purpose of the position is to assist the Internal Auditor with audits and prepare the supporting documentation from various sources.  Assist the Internal Auditor with the following duties in an effort to create audit packages for Internal Audit review.  The nature of this position requires inside contact with company employees at all levels, as well as contact with outside representatives, including representatives of the company’s insurance carriers, external auditors, or other business related representatives such as selling dealers or repair facilities.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.  Other duties may be assigned:

  1. Interfaces directly with management and staff in the performance of their daily activities.
  2. Reviews critical business processes for enhancements to the company’s operating systems and processes and for compliance with operating procedures, as well as those requirements established by the company’s insurance carriers.
  3. Assists in the execution of audit assignments including the retrieval of requested data and documentation and analysis of data.
  4. Provides assistance as requested on Insurance Carrier audits.
  5. Reviews transactions, documents, records, reports for accuracy.
  6. Reviews the results of externally prepared audits for accuracy, completeness and technical compliance.
  7. Conducts interviews and discussions with staff regarding deficiencies and weaknesses noted.
  8. Reports audit findings and make recommendations for the correction of unsatisfactory conditions, improvements in operations, and/or reductions in costs.
  9. Prepares acceptable working papers that record and summarize data on all assigned audits.
  10. Assists in the performance of special reviews at the request of management.
  11. Recommends changes and/or modifications to internal processes/systems.

JOB QUALIFICATIONS:

  1. Bachelor’s degree in finance or accounting.
  2. Minimum of 3 years work experience in the financial services or accounting industry.
  3. To perform this job successfully, an individual must have intermediate knowledge of Microsoft® Word, Access, Excel, PowerPoint, Outlook, Internet navigation and the willingness to learn audit software packages such as ACL.
  4. CIA designation a must.
  5. Ability to travel. (approximately 20%)

Please send resumes to: Catherine_Whetsell@warrantech.com


Dr Pepper Snapple Group  (2/17/09)

Dr Pepper Snapple Group (NYSE: DPS) is one of the largest beverage companies in the Americas. We manufacture, market and distribute more than 50 brands of carbonated soft drinks, juices, ready to drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean. Our diverse portfolio includes Dr Pepper, Snapple, 7UP, Mott’s, A&W, Sunkist Soda, Canada Dry, Hawaiian Punch, Schweppes, Peñafiel, Squirt, Clamato, Mr & Mrs T Mixers, Rose’s, Yoo-hoo and other consumer favorites.


Senior Corporate Auditor

Purpose

The Senior Corporate Auditor will execute corporate audit assignments and assist with Sarbanes Oxley (SOX) compliance throughout the company. Assist in providing recommendations that improve internal controls, add value and/or create greater efficiencies with respect to operations and financial reporting. Work with key audit resources to complete assigned projects on schedule.  There will be some exposure to senior management throughout the organization

Accountabilities

  • Assist the Manager of Corporate Audit in performing company-wide annual risk assessments and preparation and execution of the annual audit plans
  • Responsible for executing complex audits; assist in the performance of critical project management duties including the planning, scheduling, coordinating, reviewing and reporting of the work of audit teams; and providing expertise in auditing standards and performance criteria, audit requirements, and information technology skills
  • Execution of assignments related to operational auditing, financial auditing, and SOX compliance
  • Maintain corporate audit independence and objectivity in all assignments while developing and maintaining effective and value-adding business partnerships
  • Assist in the developing and executing of corporate audit procedures, schedules, priorities and programs for achieving audit objectives and goals
  • Preparing audit reports using sound writing skills
  • Participate in special assignments as deemed necessary by the Manager of Corporate Audit and management
  • Ensure that recommendations are clearly presented to and agreed to by management and that a subsequent audit report is issued promptly
  • Ensure that all agreed recommendations are subsequently implemented;
  • Stay abreast of best practices and provide conduit for introducing those practices to the company

Pre-Requisites
Experience:

  • Three or more years of accounting and auditing experience, including at least one year of supervisory experience, with a minimum of two years of public accounting experience is required
  • Experienced with SOX and risk assessment methodologies;
  • Information systems audit experience a plus

Education:

  • Bachelor or Masters degree with an emphasis in accounting, information systems or finance.
  • CPA, CIA, CISA, CMA, MBA, and/or MS Finance preferred.

Skills: 

  • Demonstrated team skills
  • Demonstrates initiative and drives for results
  • Takes accountability for scope of control
  • Strong interpersonal skills – ability to work closely with people at all levels of the organization and facilitate the implementation of corrective action;
  • Project management experience strongly desired;
  • Ability to influence business partners and key stakeholders
  • Excellent verbal and written communication and presentation skills
  • Excellent organization and documentation skills and the ability to thrive in a fast-paced environment
  • Proficient in MS Word, Excel, Visio, and PowerPoint.
  • Ability to work in all types of environments from manufacturing plants and distribution centers.
  • Willing to travel to locations throughout the U.S., Mexico and Canada (approx. 40%);

Manager, IT Audit

Purpose

Ensure that IT internal controls are operating effectively within the Company and that the Company is in compliance with best practice and regulatory compliance requirements. Assist in changing IT environment and be able to functionally perform IT testing while also having the appropriate knowledge base to interpret financial and operational risk inherent in the current environment.

Accountabilities

  • Assist with the development of the risk/control profile of the IT organization and help develop the annual IT audit plan
  • Plan and direct the timely execution of audits of information systems risks and controls, including SOX and other compliance initiatives
  • Act as Liaison for external auditor IT testing and projects
  • Participate in system development and implementation projects, including third party application software to ensure appropriate controls are implemented during the development and implementation process
  • Oversee major components of audits and may lead audit of diverse business units, or performs components of audits
  • Perform risk assessments by analyzing business activities and potential exposures and the materiality of loss.
    Design and perform audit procedures, including identifying and defining issues, reviewing and analyzing evidence, and documenting auditee processes and procedures
  • Carry out any special IT audit and consulting projects as requested
  • Ensure accurate and timely identification and reporting of audit issues, issue resolution and delivery of high quality audit services
  • Design and execute internal control testing for standardized operations of moderate complexity with more than one component
  • Plan, perform and lead audit tasks of high-level difficulty, demonstrating the degree of audit experience needed to effectively supervise the work of other auditors
  • Demonstrate an in-depth understanding of the broader context and implications of the various types of risks affecting the business (e.g., financial, compliance, reputation, etc.)
  • Effectively identify and understand changes in a higher complexity risk environment, and adapts the audit testing as appropriate
  • Demonstrate flexibility in responding to changes in assignment and job responsibility.
  • Draft audit reports, memorandums or other presentations to communicate results and recommendations from reviews
  • Travel to locations throughout the U.S., Mexico and Canada as applicable (estimated 30%)

Pre-Requisites
Education/Qualifications:

  • Bachelors or Masters degree in business, accounting, computer science and/or other appropriate academic major
  • CISA certification required, CPA or CIA preferred

Experience:

  • Minimum of 7 years of relevant experience in a similar capacity
  • Big 4 public accounting/auditing experience is required
  • Experience assisting in development of IT audit risk assessment and audit plan
  • Experience with system implementations, working with various technologies and system infrastructures
  • SAP and UNIX experience preferred
  • Strong technical understanding of IT systems development and processes
  • Strong understanding of CoBIT and SAP systems a plus
  • Strong background in process and controls and understanding of the operating business environment from a controls and compliance perspective

Skills:

  • Strong interpersonal skills to successfully develop relationships among various groups, such as IT management, corporate management and external auditors
  • Excellent verbal, written, communication and presentation skills
  • Demonstrated team skills, initiative and drive for results
  • Takes accountability, ability to influence business partners and key stakeholders
  • Project management experience a plus
  • Excellent organization and documentation skills and ability to thrive in a fast paced environment

To apply to either position, please send resumes to: Rhonda.Merchant@dpsg.com.
Equal Opportunity Employer

M/F/D/V


United Surgical Partners International  (2/4/09)

Headquartered in Addison, Texas, United Surgical Partners International (“USPI”) is a leader in the ambulatory surgery center and short–stay surgical hospital industry.  Many of our 160+ domestic facilities are jointly owned with not-for-profit healthcare systems. We also operate facilities in London, England.  USPI was founded in February 1998, went public in 2001 and was taken private again in April 2007.

USPI is currently seeking an INTERNAL AUDIT MANAGER, with the following qualifications:
  • Bachelor’s or higher degree in accounting or finance
  • Professional designation/certification (CPA or CIA) required. MBA or CISA a plus.
  • Six plus years work experience in public accounting, internal auditing or combination, with at least three years experience managing audit teams
  • Knowledge of GAAP, financial reporting and financial controls, including Sarbanes-Oxley internal controls assessment and testing experience
  • Information technology auditing and/or Oracle experience a plus
  • Project management exposure
  • Excellent interpersonal skills and ability to build, coach & mentor a high-performing audit team
  • Excellent oral & written communication skills and proven ability to work effectively with various levels of management
  • Strong work ethic, analytical thinking and organization skills
  • Ability to work in a fast paced, detail oriented environment
  • High proficiency in Microsoft Office tools (Excel, Word, PowerPoint and Outlook) & general systems aptitude
  • Ability to travel overnight during the week, almost entirely within the US (approximately 25-35%)

Responsibilities and Expectations

The following description is intended to reflect the major responsibilities of the job, but does not describe the minor duties or other responsibilities as may be assigned from time to time.  Reasonable accommodations may be made to perform the essential functions.

  • Observe, document and evaluate actual operating procedures.  Identify existing or potential inefficiencies and internal control weaknesses
  • Conduct or oversee all aspects of audits at surgical facilities and the Home Office, including duties such as:
    • Selecting samples and performing detailed test work
    • Developing and reviewing work papers and documentation of audit findings
    • Developing and reviewing appropriate recommendations for solution or improvement of any problems or control deficiencies uncovered
    • Clearly communicating results of audit findings and recommendations for improvement to management through concise and high quality audit reports
  • Monitor implementation status of audit recommendations agreed upon by auditee management
  • Maintain and update audit programs & recommendation repository to insure they are current and relevant
  • Assist in the development and review of continuous auditing procedures and fraud identification procedures
  • Summarize internal control testing for Sarbanes-Oxley purposes and coordinate efforts with external auditors
  • Assist in the preparation of reports and communications for senior management and the Audit Committee
  • Assist in the development of an enterprise risk assessment and the creation of the annual audit plan and schedule
  • Act as Internal Audit representative on various cross-organizational projects
  • Perform special audits or projects as assigned
  • Train & supervise audit staff, reviewing their audit work papers and results
  • Perform normal HR functions for staff including providing input for staff development and training needs.
  • Foster and promote a positive work environment enable staff development, morale and advancement within the department and corporation.

For consideration, please send your resume to smosley@uspi.com
or fax it to 972-692-8099


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