The Dallas Chapter - September 2006 eNews

September 2006

The President’s Letter

I hope everyone is staying cool with this hot weather. I lost count of the number of days we have been over 100 degrees. My electric company has not let me forget how hot it is with our electricity bill. Ouch!

Speaking of hot, we have a hot topic for our September meeting. The theme is “Whistleblower Investigations.” Per Standard 1210.A2, “the internal auditor should have sufficient knowledge to identify the indicators of fraud but is not expected to have the expertise of a person whose primary responsibility is detecting and investigating fraud.” At the pre-meeting, we will learn about the indicators or red flags of financial statement fraud. At the lunch meeting, Beth Junell and Jeff Ferguson of FTI Consulting will focus on the investigating process of one of the SEC’s hot buttons – backdating of stock options. Larry Worthy of Six Flags Theme Parks will round out the post meeting with techniques for a successful investigation and the pitfalls to avoid.

If you have not registered yet for the SMART Conference, you may want to do that very soon. We have less than 100 spots left and we expect those to sell quickly. Through October 20, we are offering a special rate of $300 for members and $400 for non-members. After that date, the price will go up by $50.

At our meeting last month, we made a minor change to the registration process. Instead of registering alphabetically, individuals were able to register with any of the assistant treasurers. It was a success and we are planning on doing this again at the September meeting. If your organization pays with a group check, all members of the group will need to check in at the group table. Also, you will need to pick up your nametag by your last name. There are a few things you can do to help us out to be more efficient.

  • Prepay through PayPal when you register online.
  • Check in for lunch up until 10:20 a.m. at the pre meeting location.
  • Have your check already made out to the Dallas Chapter IIA.

We will continue to look for other ways to improve the registration process.

I look forward to another successful meeting. If you have any comments or questions, please do not hesitate to contact me or another officer.

Sincerely,

Pamela Krakosky
2006-2007 President - Dallas Chapter IIA

Next Meeting - Thursday, September 7, 2006
CityPlace Conference Center

Whistleblower Investigations

Lunch Meeting 12:00pm - 1:20pm
Registration begins at 11:30pm

Backdating of Stock Options

Beth Junell and Jeff Ferguson, FTI Consulting

FTI will host an hour-long presentation of the current Stock Option Backdating issue. It will provide, in general terms, an overview of the following:

Why is the SEC investigating the backdating of stock options?
What is stock option backdating?
What are the important issues companies face?
Current statistics on SEC investigations of backdating of stock options.

Specific areas to be discussed are the past and current accounting principals that govern stock options, differences between how this issue is the result of either intentional fraud or a poor internal control system, (both of which may lead to a restatement of the company’s financial statements) and the external effects of a backdating investigation on companies. Additionally, the course will provide straightforward examples in order to assist in the understanding of this complex issue.

Elizabeth "Beth" M. Junell, CPA, CFE, is a Director in the Dallas office of FTI’s Forensic and Litigation Consulting practice. Ms. Junell has over 14 years of experience in forensic accounting, financial and fraud investigations, litigation consulting, and financial statement audit and assurance.

At FTI, Ms. Junell’s area of practice focuses on matters with an accounting emphasis, including financial investigations, post acquisition disputes and privileged consulting in securities litigation. Her prior forensic and litigation consulting experience also includes financial analysis in complex matters involving fraud investigations, breach of contract claims, termination-for-convenience claims, and bankruptcy claim resolution. Ms. Junell has assisted in various phases of dispute avoidance and resolution including discovery, investigation and analysis, expert report preparation and testimony both at trial and by deposition.

Ms. Junell has worked with businesses in numerous industries including manufacturing, distribution, construction, technology services, real estate, banking, insurance, energy, transportation, telecommunications and not-for-profit.

Prior to joining FTI, Ms. Junell was a manager for an accounting firm specializing in bankruptcy and litigation support. She has also worked for regional and national public accounting firms as a financial statement auditor and management consultant. Her publications include: "An Acquisition in Wonderland,” Fraud Magazine, September/October 2005; co-author of “Keeping a Watchful Eye,” The BottomLine (The Journal of Hospitality Financial and Technology Professionals), March 2003; and “Data Mining Opens Doors for Collections,” Recovery Adviser, July/August 2002.

Jeff Ferguson, CPA, CFE, is a Director in FTI’s Forensic and Litigation Services practice in Dallas. Mr. Ferguson has over eight years of experience in providing forensic accounting services and financial analysis to clients in litigation and over five years of industry experience. Mr. Ferguson has assisted clients in a variety of industries including the construction, healthcare, telecommunications, energy, manufacturing, and travel services.

Mr. Ferguson has extensive experience in post-acquisition disputes, involving balance sheet valuations, purchase price adjustments and other financial statement misstatements. These disputes required the analysis of various accounts to determine whether they were stated in accordance with GAAP, reviewing contractual terms and warranties as they relate to the financial statements, and assisting counsel with filings in both litigation and arbitration.

Mr. Ferguson is also experienced in fraud and forensic investigations involving earnings management matters and manipulation of financial results, embezzlement by company officers and other types of alleged fraudulent activities. These investigations have involved the analysis of sources and uses of funds, identifying missing and/or misappropriated assets, and assisting counsel and their clients with civil actions for recovery of assets.

Prior to joining FTI, Mr. Ferguson was a Senior Manager at KPMG, LLP where he gained experience in fraud investigation, forensic accounting practices, analysis of damages, and related financial issues. Before joining KPMG, Mr. Ferguson was a Manager at Arthur Andersen, LLP in its litigation consulting practices. Mr. Ferguson also gained accounting and financial statement experience with an energy firm, Amerada Hess Corporation, in Houston Texas. His experience included various types of oil and gas accounting.


Pre-Meeting 10:30am

Red Flags of Financial Statement Fraud
Cathy Ries and Gus Kirkland

Cathy Gribble Ries is an attorney with over 20 years of experience in multiple areas of law, including 15 years of specialization in white-collar criminal investigation, lawsuits, prosecution and representation of corporate interests. She has extensive experience in analysis of businesses and their practices in these areas, and in related training. Ms. Ries was Assistant General Counsel for two Fortune 500 companies for over 14 years. In the course of this work, she coordinated numerous investigation efforts, working with in-house and independent investigators, senior management and both in-house and outside counsel, as well as working with the FBI, US District Attorneys’ offices, and local authorities on various matters. Ms. Ries led and worked on efforts on developing and implementing processes and procedures to identify and reduce risks to corporations, and to comply with Sarbanes-Oxley and the requirements of the revised Federal Sentencing Guidelines.

Gus Kirkland is a Certified Fraud Examiner with over 20 years experience in various areas of criminal justice, ranging from agent for the Department of Tobacco and Firearms, senior in-house investigator at a Fortune 500 Corporation for over 14 years to Director of Investigations at a Fortune 500 company for 4 years. In his capacity as Director of Investigations, he was instrumental in developing and implementing an in-house compliance program. Mr. Kirkland has extensive experience working with law enforcement and with various agencies with regard to white-collar crime. Mr. Kirkland has served as a witness, and as an expert witness, in prosecution of cases he has worked on.

Both Mr. Kirkland and Ms. Ries have been instrumental in pursuing recovery for losses, including the preparation, filing and pursuit of insurance claims related to crime losses.


Post-Meeting 1:30pm

Investigations Do's and Don’ts
Larry Worthy, Trinity Industries

This session will explore techniques that should and should not be used in conducting an investigation. We will discuss the importance of the pre-work that occurs prior to an investigation. We will also explore various interview techniques that will solicit the most information and also interview techniques that will inhibit effective communication. Examples from real investigations will be used to demonstrate these techniques.

Larry F. Worthy, CIA, CISA, CFE, is the Director of Internal Audit with Six Flags Theme Parks where he directs financial, operational and compliance audits in the fast paced family entertainment environment. Previously he was the Vice President of Internal Audit for Clear Channel Communications and Manager of Internal Audit for the H. E. Butt Grocery Company and an Operational Auditor with the Air Force Audit Agency for 11 years.

He is a past President of the San Antonio Chapter, Institute of Internal Auditors (IIA) and remains active on the Board of Governors. He is a volunteer instructor for the Institute of Internal Auditors, presenting seminars throughout the nation on various internal auditing topics. Larry earned the Distinguished Faculty Member designation in 1997.

Larry is a frequent speaker at international and national events such as the IIA’s 57th Annual International Conference, IIA’s Internal Auditors in the Government Conference and the IIA’s Best Practices Conference. He is also a frequently requested speaker for the San Antonio Chapter, Institute of Management Accountants, San Antonio Chapter, Texas Society of Certified Public Accountants events and various universities.

Larry earned a Bachelor of Science degree in Accounting from Southwestern Oklahoma State University in 1977. He earned the Certified Internal Auditor (CIA) designation in 1989 and the Certified Information Systems Auditor (CISA) and the Certified Fraud Examiner (CFE) designations in 1996.


Map to CityPlace Conference CenterCityplace Confernce CenterThis meeting is being held at CityPlace Conference Center,
2711 North Haskell Street, Dallas, Texas 75204

                            CityPlace Conference Center

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:

Paula Whatley
Builders First Source
214-880-3564
paula.whatley@bldr.com

Meeting / Luncheon Fees:

IIA Members: $25
Non-Members: $35
Students: $15
Walk-ins/late registrations (members or non): $35
Phone/E-Mail Fee: $2

Reservations and cancellations must be received by 5:00 pm on Friday, September 1, 2006.

We reserve the right to bill for "no-shows."

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 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 Tom Keils at 214-880-3560 or tom.keils@bldr.com.

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

Chapter News

Mark your calendar for the 2006 - 2007 Meeting Dates

Planning is complete for the 2006-2007 Chapter year and it will be posted shortly to the Web site. Topics include communicating the value of your audit function, corporate governance, technology hot topics, ERM, and fraud. As always, if you have some suggestions for speakers and/or topics, please contact Marc Winandy (Marc.Winandy@McKesson.com) or Carla Cashio (Carla_Cashio@McAfee.com).

As we have previously discussed, this year we have added a new meeting location, Brookhaven Country Club in Farmers Brach you can check them out at www.brookhavenclub.com. We will also be posting more information on the club including directions and planned events as the dates get closer.

Mark your calendars now for the upcoming meeting dates and locations!

  • October 5, 2006 at Brookhaven Country Club
  • November 7, 2006 Joint Meeting with AGA at CityPlace Conference Center
  • December 11-12, 2006 SMART Conference at CityPlace Conference Center
  • January 11, 2007 Joint Meeting with ISACA at Crowne Plaza Hotel at Midway & LBJ
  • February 1, 2007 Joint meeting with Fort Worth IIA at CityPlace Conference Center
  • March 1, 2007 Joint Meeting with ACFE at CityPlace Conference Center
  • April 5, 2007 Student Day at Brookhaven Country Club
  • May 2007 Date TBD - Day at Ameriquest Field

Dallas IIA New Members

The Dallas IIA added 275 new members in the months of February through May! As the Chapter grows, so do the opportunities for networking and the sharing of knowledge. Please welcome our new members: http://dallasiia.org/New_Members_05.htm


Dallas IIA 2006 - 2007 Chapter Officers and Committee Members

The Dallas IIA Chapter Officers and Committee Members listings have been updated for the new Chapter year. Refer to http://dallasiia.org/Officers.htm and http://dallasiia.org/Committees.htm for contact information. The Dallas Chapter appreciates the volunteer service provided by these members!


Certification News

New Certifications

New CIAs, CGAPs, CFSAs, and CCSAs, that passed the May 2006 exam will receive their certificates and be honored at the November 7 meeting at CityPlace. The IIA will be mailing the certificates to the Dallas Chapter in October. If you are a new CIA/CGAP/CFSA/CCSA, you will get a free lunch for you and your guest! If you are unable to attend the luncheon, please contact Toni Messer, at tmesser@utdallas.edu or 972-883-2693, to make arrangements to obtain your certificate. Details on how to register for the November 7 luncheon will be e-mailed in October.

November 2006 Exams – Register by September 30!

Don’t forget to register for the CIA and other certification exams by September 30! The exams will be held November 15-16, 2006, at The University of Texas at Dallas School of Management (SOM) Building. Specific room locations will be posted at Room 1.502. For directions and a map, see the website at http://www.utdallas.edu/campusmap.html.

CIA Exam Times

Part I (11/15) and Part III (11/16)
8:30 a.m. to 12:00 p.m.
(08:30 – 12:00) Local Time

Part II (11/15) and Part IV, and CGAP/CFSA/CCSA (11/16)
1:30 to 5:00 p.m.
(13:30 – 17:00) Local Time

For other certification exams, see The IIA’s Web site at http://www.theiia.org/index.cfm?doc_id=12 .

Help! We Need Proctors for the November Exams!

Due to the large number of November exam participants, we need lots of proctors! You can proctor just one part, or even just help out with setting the rooms up and helping with registration before the exams start. If you give four hours, the IIA will buy your lunch and reimburse your mileage. You can even wear jeans!

If you’re interested, please contact Toni Messer at tmesser@utdallas.edu, or 972-883-2693. Please consider giving at least four hours of your time back to the profession and to the Chapter.

CIA Review Course

September 8 - 11 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. For more information about the review course, please see http://www.dallasiia.org/CIA_Review_F06.htmHurry - Registration closes September 1, 2006!


IIA Research Foundation

CARRYING ON A LEGACY – THE COMMON BODY OF KNOWLEDGE 2006

The Institute of Internal Auditors Research Foundation (IIARF) is committed to understanding how the practice of internal auditing is carried out around the world and using this knowledge to provide guidance to our more than 115,000 members. Today, this effort is taking a monumental step forward.

The IIARF is performing an ongoing research program, entitled the Common Body of Knowledge (CBOK), which will broaden our understanding of how internal auditing is practiced around the world. This comprehensive study will be updated every three years and will become a permanent program of The IIA Research Foundation.

What is the Common Body of Knowledge (CBOK)?

  • The most important research study the IIARF has ever undertaken
     
  • The first project funded by the William Bishop III, CIA Memorial Fund
    • We envision this project to be a living legacy of Bill’s passion for internal auditing
    • Bill was a tremendous supporter of internal audit research and CBOK will provide a fitting tribute to Bill’s contributions to the profession of internal auditing
       
  • A comprehensive survey that will capture the state of the internal auditing profession throughout the world including: • The knowledge and skills that internal auditors possess
    • The varying skill and organizational levels that practice internal auditing work
    • The actual duties performed by internal auditors
    • The structure of internal audit organizations
    • The types of industries which practice internal audit
    • The regulatory environment of various countries
       
  • CBOK will provide an understanding of the unique value-added role internal auditing has in organizations throughout the world
    • This understanding will enable us to better define the future of internal auditing and ensure that it remains a vibrant and relevant contribution to organizations
       
  • The results of CBOK will drive many crucial aspects of The IIA for the next 3 years, including:
    • Certifications and exams
    • Standards
    • Advocacy
    • Practice Advisories
    • Educational Programs
    • Educational Products
    • Publications
HOW CAN YOU PARTICIPATE?
  • Visit the CBOK web site at www.theiia.org/CBOK and sign up to take the survey
  • Encourage your co-workers and staff to take the survey when it is released
  • Promote the survey within your organization, IIA chapter or affiliate and other professional groups

We anticipate the release of the survey in the third quarter of 2006. To learn more about CBOK, view project phases, sign up to participate in the survey or keep up to date on the project’s status, visit www.theiia.org/CBOK.


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 June 1. 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 September 15, 2006. Contact Gwen Land gwen_land@jeffersonwells.com if you have any questions.

Seminars

Dallas Chapter Seminars

What could you do with an extra $50? Here are some ideas:

  • Buy a tank of gas (2 if you have a fuel efficient car)
  • Buy 2 or 3 DVDs or CDs Buy book/s
  • Treat your internal audit staff to pizza, birthday cake, or sandwiches
  • Pay for one month cell phone service
  • Buy a small appliance for your office area (microwave, coffee pot, small soda refrigerator, or popcorn maker)

These are the things you might have to forgo if you do not hurry and take advantage of the $50 off registration promotion for the December conference. Register before October 20 and registration is $300 for members and $400 for nonmembers. The price will go up after that date.

The conference now has already sold 2/3 of space available. Don't miss this opportunity to attend a first class conference at coach prices.

please visit the Conference website at http://www.dallasiia.org/SMART for program and registration information.

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.


AAA Texas  (8/21/06)

Senior Auditor

For over a century, the American Automobile Association (AAA) has been known for providing world-class service to our members and the motoring public. We value our employees' contributions and make every effort to meet professional goals and aspirations.

In this position you will perform financial, operational, compliance, and investigative audits primarily in Texas, with potential assignments in Southern California, New Mexico, Northern New England, and Hawaii for the various business units of the Auto Club and its family of companies (travel approximately 15-20%). You will perform risk and control appraisals and work with operational management in a consultative role. You will perform investigations of alleged internal fraud and wrongdoing. You will present findings to management and executive management.

We are seeking an individual with excellent skills in financial analysis and accounting. You should have excellent verbal and written communication skills, and strong analytical skills with ability to analyze business risks and make cost-effective recommendations to mitigate risk or improve efficiencies and effectiveness. You should have a minimum of 4-5 years experience. You must have BA/BS degree in business administration, accounting, finance, economics or a business related field. Previous property and casualty insurance experience is a plus, as is certification such as CIA or CPA. Experience using the ACL software tool to extract and analyze information from corporate databases is also a plus. The position is located in Irving, Texas.

AAA Texas is proud to be an Equal Opportunity Employer.

Send resume and cover letter to Debbie Welch.

AAA Texas
LLC 6555 N. State Highway 161, T7751
Irving, TX 75039

Refer to job number, position titles and location. Welch.debbie@aaa-texas.com  or fax: 469-221-6024

 


USA Mobility, Inc.  (8/21/06)

USA Mobility, Inc., headquartered in Alexandria, Virginia, with significant operations in Plano, TX, is a leading provider of paging products and other wireless services to the business, government and healthcare sectors. USA Mobility offers traditional one-way and advanced two-way paging via its nationwide networks covering over 90% of the U.S. population and with roaming partners in Canada and Mexico. In addition, the company offers mobile voice and data services through Sprint, Nextel and Cingular including BlackBerry and GPS location applications. The company's product offerings include wireless connectivity systems for medical, business, government and other campus environments. USA Mobility focuses on the business-to-business marketplace and supplies mobile connectivity solutions to over two-thirds of the Fortune 1000.

1) Internal Audit Manager

Location: Plano, TX

Reporting to the Senior Director the Internal Audit Manager is responsible for assisting in planning and executing activities involved in the auditing of financial, operational and/or information technology functions of the organization. This includes the definition of audit scope, control evaluation, testing activities, reporting, and issue resolution and risk assessment for assigned objectives. Assists the Senior Director in communicating findings, conclusions, and recommendations to management.

Responsibilities:

  • Evaluates draft audit programs and leads staff in performing more complex procedures for independent audits and special reviews of Company functions, processes, business units, contracts and other activities to ensure reliability and integrity of information, proper recording of transactions, safeguarding of assets, compliance with policies and procedures, achievement of operational goals and objectives, and effective and efficient use of resources.
  • Oversees staff’s efforts in analyzing data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud, or lack of compliance with laws, government regulations and company policies and procedures. Reviews draft reports and audit work papers to ensure findings are accurate, complete and supported. Prepares and submits audit findings for recommendations to management.
  • Oversees staff’s efforts and assists with assessing risks and recommending changes to strengthen financial reporting, internal controls or business process controls and operating effectiveness.
  • Develops a thorough understanding of Company accounts, financial processes, systems, policies and procedures and maintains technical proficiency with Generally Accepted Audit Principles, auditing standards, trends and best practices and conducts and coordinates audit activities accordingly.
  • Supervises staff or personally responds to ad hoc requests to address control issues on new business processes, policies and procedures; consults to management on such matters as exception reporting and analysis, may conduct special projects.
  • Assists in the coordination of testing procedures to support management’s assessment of internal controls over financial reporting in accordance with SOX, generates and evaluates audit work papers.
  • Promotes the collection and dissemination of best practices in conjunction with audit activities and maintains effective working relationships with management at all levels to facilitate audit goals.
  • Performs other related duties and tasks as assigned.

Qualifications:

  • MBA or advanced degree preferred in Accounting or Finance
  • CPA, CIA and/or CISA certification preferred
  • Advanced knowledge of Generally Accepted Accounting Principles and auditing standards
  • Intermediate Microsoft Word, Excel, PowerPoint, Access
  • 8+ years of progressive responsibilities in general accounting, finance, auditing or public accounting experience (or combinations thereof)
  • Previous supervisory experience a must
  • Previous public accounting and project management experience

Please send resumes to June Taylor at careers@usamobility.com .

2) Senior Internal Audit Analyst

Location: Plano, TX

Responsible for planning and executing activities involved in the auditing of financial, operational and/or information technology functions of the organization, as directed by the Senior Director of Internal Audit, including definition of audit scope, control evaluation, testing activities, audit reporting, issue resolution and risk assessment for assigned audit objectives. Responsible for reviewing, analyzing, and evaluating business processes, internal controls and Company financial data, applying appropriate accounting principles and auditing standards, to ensure the integrity and accuracy of all financial data and efficiency of operations.

Assists in the communication of findings, conclusions, and recommendations to management.

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

  • Develops effective audit programs and leads staff in performing more complex procedures for independent audits and special reviews of Company functions, processes, business units, contracts and other activities to ensure reliability and integrity of information, proper recording of transactions, safeguarding of assets, compliance with policies and procedures, achievement of operational goals and objectives, and effective and efficient use of resources.
  • Analyzes data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud, or lack of compliance with laws, government regulations and company policies and procedures. Prepares and submits audit findings and makes recommendations to management.
  • Conducts and coordinates audit activities in accordance with Generally Accepted Audit Principles and stipulated schedules.
  • Assists with assessing risks and recommending changes to strengthen financial reporting, internal controls or business process controls and operating effectiveness.
  • Develops a thorough understanding of Company accounts, financial processes, systems, policies and procedures and maintains technical proficiency with Generally Accepted Audit Principles, auditing standards, trends and best practices.
  • Leads staff in responding to ad hoc requests to address control issues on new business processes, policies and procedures and provide consultative services to management including exception reporting and analysis.
  • Promotes the collection and dissemination of best practices in conjunction with audit activities.
  • Maintains effective working relationships with management in the field and at corporate to facilitate audit goals and objectives.
  • Conducts special projects for management, as requested.
  • Performs other related duties and tasks as assigned.

Qualifications:

  • MBA or advanced degree preferred in Accounting/Finance
  •  CPA, CIA and/or CISA certification preferred
  • Advanced knowledge of Generally Accepted Accounting Principles and auditing standards
  • Prior experience with automated audit workpaper software (such as TeamMate) and data analysis software (such as ACL) or the ability to quickly learn and become an advanced user of specialized audit software
  • Intermediate Microsoft Word, Excel, PowerPoint, Access
  • 5+ years experience with auditing techniques and/or internal controls
  • Supervisory experience
  • Project management experience
  • Previous public accounting experience
  • Willing to travel up to 25% domestically

Please send resumes to June Taylor at careers@usamobility.com .


Fossil  (8/15/06)

Fossil is a design, development, marketing and distribution company that specializes in consumer products predicated on fashion and value. The Company's principal offerings include an extensive line of fashion watches sold under the Company's proprietary and licensed brands. The Company also offers complementary lines of small leather goods, belts, handbags, sunglasses, jewelry and apparel. The Company's products are sold in department stores and specialty retail stores in over 90 countries around the world, in addition to the Company's e-commerce website at www.fossil.com.

Fossil is currently searching for an IT Auditor to assess risks and controls surrounding Fossil's global IT environment. This star candidate will: aid management in performing self-assessments and testing related to the Sarbanes-Oxley Act (SOX); develop programs and execute IT audits globally surrounding higher risk areas within Fossil; consult with management regarding the implementation of adequate IT-related controls; and communicate with all levels of management and staff verbal and in writing when assessing IT risks and controls and presenting related results.

Minimum Requirements:

  • BBA in MIS or Accounting
  • 5 + years IT Auditing (Applications, Security, & Operations)
  • SAP R/3
  • AS400 & Unix Environments
  • Network Security - LAN, WAN, Internet
  • IT Operations for effectiveness and efficiency
  • Proficiency in Microsoft Office
  • Approximately 20% travel
  • Excellent written/verbal communication
  • Extreme attention to detail
  • Must be a self-starter!

Additional/Preferred Requirements:

  • CISA, CISSP, or CIA preferred
  • IT Project Management
  • IT Operations
  • Working knowledge of the COBIT framework
  • Working knowledge of data analysis tools such as ACL, Idea, or Access

Please send resumes to Candice Hamlin at chamlin@fossil.com or you may apply online at www.fossil.com.

Fossil is an Affirmative Action and Equal Employment Opportunity Employer.


City of Garland  (8/3/06)

AUDIT ANALYST – Internal Audit

POSITION SUMMARY: To perform, under general direction of the City Auditor, analysis of policies, procedures, financial documents and contracts to ensure accuracy of expenditures, maximization of revenue, and the efficiency and effectiveness of operations and compliance with federal, state and local regulations and laws.

ESSENTIAL JOB FUNCTIONS (The position exists to perform these functions):
To perform comprehensive review of controls for cost of service, product and service pricing, and research to ensure the integrity of the City's internal control structure. Review procedures and controls related to operations and assets disposition. Perform an operational and administrative review of the techniques used to direct and control the services and products provided through City assets and resources. Review the system of management controls in place to ensure that vendors and customers are in compliance with contracts. Review the cost control procedures used for operations expenditures. Review the revenue monitoring procedures used for operations revenues. Develop computer data retrieval reports to support analysis.

MINIMUM EDUCATION AND EXPERIENCE:
Bachelor's degree in accounting, finance or business; or any other equivalent combination of education and recent and relevant experience. Master's Degree and one year of internal audit experience preferred.

PREFERRED KNOWLEDGE, ABILITIES AND SKILLS:
Knowledge of principles and practices used in governmental accounting processes and generally accepted auditing principles. Ability to identify and locate appropriate sources of information, and establish and maintain good working relationships with other City employees and peers in agencies outside the City. Ability to evaluate documents for accuracy and appropriateness, be objective and unbiased, determine if errors are present in formulas or documents, prepare and present complex written and oral reports, and communicate effectively. Skill to operate personal computer keyboard and standard office equipment, including an electronic calculator.

LICENSES AND CERTIFICATIONS: CPA or CIA certification preferred.

PHYSICAL TASKS AND WORKING CONDITIONS:
Incumbent works in a typical office setting but the nature of the position may require travel to various sites.

SALARY To $55k

CONTACT:
Steve Shepherd,
Garland City Auditor
sshepherd@ci.garland.tx.us
P.O. Box 462366
Garland, TX 75046


Parker & Lynch  (8/3/06)

Founded On A Commitment To Excellence

Parker & Lynch was founded on a commitment to excellence. Our primary goal is providing the best service in a timely manner. We offer an experienced recruiting staff with credentials that include MBA's and CPAs. Our highly qualified staff develops and maintains loyal networks of top-tier candidates by utilizing state-of-the-art recruiting technology. This gives you access to the top talent in your industry. Our professionalism and experience is your assurance that we will provide people who can significantly contribute to your company’s success.


1. Sox Project Leader - Large Refining and Marketing Company in North Dallas - Base plus Bonus Potential low to mid 100s.

The Sarbanes-Oxley Project Leader is responsible for the overall oversight and management of the Company's Sarbanes-Oxley Section 404 Initiative, including the corporate and business unit functions.

Education and Experience:

A bachelor's degree in Accounting or related financial field is required. Certified Internal Auditor (CIA) and/or Certified Public Accountant (CPA) preferred. 10+ years of progressive experience, with demonstrated management skills. Minimum five years experience in public accounting, a large internal audit services company or a large company internal audit department. Experience evaluating and testing internal controls over financial reporting preferred. Working knowledge of the Sarbanes-Oxley Act (SOX) and COSO required. Special Requirements: Demonstrate strong accounting, auditing, leadership and analytical skills. Communicate effectively, both orally and in writing. Effectively manage multiple projects simultaneously. Demonstrate discretion and independent judgment. Technical Competency: Proficiency in the use of PC and related software applications. Oracle Tutor and Internal Controls Manager and/or flowcharting experience a plus.

Special Requirements:

Responsible for day-to-day oversight of SOX initiative. Work with project team members to formalize risks and key controls associated with significant processes. Assist in hiring, staffing and managing the project team staff needed for the documentation and testing processes. Responsible for the overall coordination of the documentation, testing and remediation processes at significant locations, including standardization of significant processes where warranted. Establish polices and procedures for the ongoing monitoring and testing of controls by the various business units to ensure a consistent and appropriate methodology. Monitor documentation, remediation and testing efforts to ensure timelines are met. Provide ongoing reporting to management on the status of these efforts. Assist the business units or project teams as needed with their documentation of internal control assessments and testing of controls. Review and assess documentation, and provide guidance to business units in assessing their internal controls. Make recommendations to correct deficiencies identified through the evaluation of internal controls over financial reporting and effectiveness testing. Communicate issues to the project team. Assist in the development of financial polices with regards to SOX. Assist in the development of entity level controls and documentation requirements for insignificant reporting units. Maintain/obtain a working knowledge of the computer database tool.


2. Audit Manager - Large Aerospace Company located in Fort Worth - Salary range is open depending on the candidate

Works with limited supervision primarily as the leader of multiple teams responsible for accomplishing all aspects of assigned reviews. Reviews assigned will generally be large businesses, often with multi-national locations. Team leader responsibilities include integration of plans with the IT and Europe Managers, preparation of review budgets, allocation of resources, on-going guidance and mentoring of team members, and preparation of performance reviews. Documents and reports on the team’s findings, recommendations and agreed-upon corrective actions.

Participates with the Director in preparing the annual audit plan, conducting General Risk Assessments and determining the scope of reviews to be performed.

Responsibilities to Include:

As Team Leader:

  1. Integrate review plans and budgets with the other Managers to ensure efficient and effective allocation of resources.
  2. Approve review programs and testing procedures to ensure they are appropriate for the processes being reviewed.
  3. Coordinate team activities to assure that review objectives are achieved and review is conducted in accordance with TAS standards.
  4. Train/mentor staff assigned to the team. Prepare performance reviews at completion of reviews.
  5. Ensure that all workpapers supporting the review are clear and concise.
  6. Present findings and recommendations to all levels of management.
  7. Prepare the report on the review.

As support to the Director:

  1. Participate in business reviews as background for preparation of the annual plan.
  2. Participate in General Risk Assessments of businesses included in the annual plan to establish risk areas and the scope of reviews to be performed.

Education:

  • BS/BA or equivalent required, MBA or other advance degree desired.

Position Requirements:

  • 5 – 7 years of prior business experience in financial auditing/accounting and 12 - 24 months supervisory experience.
  • Professional certification preferred.
  • English required, fluency in additional language(s) preferred.
  • Knowledge of applicable GAAPs, and business laws and regulations required.
  • Ability to analyze complex processes and to determine the efficiency and effectiveness of the process and related controls.
  • Excel/Word/Flowcharting capability required.
  • Ability to travel 50% of the time.

License and Certification Requirements:

  • Professional certification preferred.

3. Senior Auditor - Large Technology Company in Plano - Salary is open depending on the Individual

DESCRIPTION OF FUNCTION AND RESPONSIBILITIES:

This role will bring value-added services to the Global Audit Services team in the form of recommendations for improved control and enhanced business efficiency. The candidate will bring a broad perspective, financial reporting and controls, risk analysis and quantitative and analytical techniques to understand our operating, financial and accounting systems as a whole. Candidate will be responsible for the planning, supervision and execution of audit engagements including departmental assessments of internal control structure and accounting systems. Responsibilities also include global audits, financial & compliance audits, preparation of audit reports, and business process improvement projects. Candidate should have strong financial audit experience.

EXPERIENCE REQUIRED:

4 - 7 years Audit experience

Big 4 Experience, Strong GAAP knowledge and Financial Audit experience.

Willingness to travel domestically and internationally, 25% to 40%

Ability to identify process issues and develop solutions

Strong communication skills, including the ability to present ideas in a clear and concise manner to a variety of audiences and level of management.

QUALIFICATIONS/EDUCATION:

CPA, CIA, CFE, CISA or MBA preferred. BA/BS in Accounting or Business

4. Staff Auditor - Retail/Manufacturing Company in North Dallas - Salary is open depending on the Individual - Very little Travel

This individual will assist in coordinating, tracking, and project managing as well as reporting on all global activities relating to compliance with Section 404 of the 2002 Sarbanes-Oxley Act. He/she will help develop and execute test procedures to validate control design and operating effectiveness and will make recommendations and provide feedback to management on findings, focusing on strengthening internal controls, quality and efficiency. Other responsibilities will include working with management on special projects involving new products and process changes.

Bachelor’s Degree in Accounting required

1-3 years of Financial Audit Experience

Sarbanes Oxley experience preferred

Certification preferred (CIA, CPA, or CISA)


If you are interested in further information about one of these opportunities please contact Jeri Barron at Parker and Lynch.

Jeri Barron, Executive Recruiter
Parker and Lynch
972-661-5506 x 227
Jeri.Barron@parkerlynch.com 


FedEx Services  (7/25/06)

When you absolutely, positively have to have a great career…..apply today!

You will be a part of…

an organization that recognizes and rewards the contributions of its employees. Dynamic work environments, a wide range of career options, career advancement opportunities and competitive salary and bonus opportunities. As a global enterprise, all FedEx companies embrace and reflect the diversity of the communities we serve. Our culture fosters an environment where a person’s performance is what counts. FedEx is truly a great place to work.

Recent accolades for FedEx include:

  • FORTUNE’s 100 Best Companies to Work for in America
  • Computerworld 100 Best Places to Work in IT
  • Business Ethics 100 Best Corporate Citizens
  • FORTUNE’s U.S. and Global Most Admired Companies (Top 10)
  • Harris Interactive/Wall Street Journal’s top corporate reputations (Top 10)
  • Wired Index of Top 40 Companies
  • CNN/Money Magazine’s Top 50 Corporate America - best benefits

Job Title: Auditor - FedEx Services

Location: Plano, TX

Position Summary:

  • Assists in the performance of worldwide integrated financial/operational/information system audits and special projects under the direction of a senior auditor and/or audit manager.
  • Designs and programs audit software during the performance of audits and special projects.
  • Ensures that all audit and administrative assignments are completed within budgeted hours and by assigned due dates.
  • Assists in the preparation of formal reports and presentations of audit results for senior and executive management and the audit committee of the board of directors.
  • Conducts interviews with all levels of personnel as required to complete audit assignments and attends meetings with management to discuss audit issues and develop action plans.
  • Participates in the development of customer/supplier alignment agreements with management to ensure that expectations are understood and to promote positive working relationships.
  • Stays current on quality issues, tools and techniques as they affect the company and audit projects.

Qualifications:

The selected candidate will have a Bachelor's degree, preferably in Accounting, Finance, Business Administration, Engineering or Information Systems. CPA, CIA, CISA or masters degree preferred. We are looking for someone with 1 – 3 years of related experience in internal audit, public accounting, finance, and engineering and/or information analysis/planning. Entry level will be considered. Bilingual preferred. This position requires strong human relations, analytical, and oral and written communications skills. Approximately 20% - 30% domestic and international travel may be required.

Salary to $55K + bonus and relocation assistance if needed
Benefits package including medical, dental, and vision 401(k) with employer match
Company paid life insurance
Discounted Shipping
Discount at FedEx Kinko’s

For information about FedEx see: www.fedex.com 

For more information or to send your resume, please contact:

Adair Barton at mabarton@fedex.com


Warrentech Corporation  (7/25/06)

POSITION: OPERATIONAL AUDITOR

DATE: 7/3/06

COMPANY: WARRANTECH CORPORATION

REPORTS TO: INTERNAL 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.

ADDITIONAL RESPONSIBILITIES:

  1. Performs audits of the company’s operating systems for compliance with corporate requirements.
  2. Furnishes internal reports, revises and updates reports.
  3. Recommends changes and/or modifications to internal processes/systems.

KNOWLEDGE, SKILLS AND ABILITIES:

  1. Strong analytical skills and an attention to detail in a multi-task environment.
  2. Possess the ability to perform work with minimal supervision.
  3. Demonstrates the ability of manage multiple priorities and demands.
  4. Familiarity with standard auditing practices and procedures and the ability to apply them to each project assigned.
  5. Good interpersonal skills including the ability to interview individuals associated with the subject of an audit.
  6. Ability to utilize resources available to complete assigned projects.
  7. Ability to understand the overall company operations and an ability to understand the relationship between internal operating departments.
  8. Possesses excellent writing skills.
  9. Demonstrates a broad knowledge of claims handling.
  10. Strong time management and organization skills to meet deadlines.
  11. Ability to take initiative and initiate change where appropriate.
  12. Ability to work effectively within a team as well as independently.

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 or CIA candidate.

TRAVEL:

  1. Ability to travel domestically and internationally (approximately 20% - 40%)

Candidates may contact Cathy Whetsell, Catherine_Whetsell@warrantech.com or call 1-800-544-9510.


Tesoro Companies, Inc.  (7/20/06)

Tesoro Companies, Inc., a Fortune 200 company headquartered in San Antonio, is one of the largest independent refining companies in the United States. Located primarily in the western United States, Tesoro's six refineries have a combined rated crude-oil capacity of more than 560,000 barrels per day and produce a full range of petroleum products, including gasoline, jet, diesel, heavy fuel oils, liquefied petroleum gas, liquid asphalt, naptha, propane, and butane. Tesoro markets fuel through various distribution channels in the United States and abroad via Tesoro’s retail marketing system of more than 475 branded retail stations which approximately 200 are company operated under the Tesoro® and Mirastar® brands. Tesoro’s commercial marketing system includes sales of jet fuel and marine fuels. The Tesoro team has grown to more than 4,000 employees operating under a centralized, functional business model enhancing teamwork and capitalizing on one another's strengths throughout the organization. Our company is firmly committed to integrity, ethical behavior, and responsible business practices. www.tsocorp.com 

Job Title: Senior Internal Auditor – Refinery Operations and Capital Projects

Internal Auditor – Refinery Operations and Capital Projects (2 Positions)

Position Location: San Antonio
Position Summary: These positions will work independently on refinery inventory measurement, capital and turnaround audit projects. (The Senior position will supervise internal auditors as assigned.)

Key responsibilities may include: 1) Review and testing of inventory stock loss procedures, capital spending and refinery turnaround spending activity; 2) Preparing customized internal audit programs and internal audit questionnaires; 3) Supervising and reviewing other auditors’ work when functioning as lead auditor; 4) Preparing and reviewing working papers to document work performed to accomplish audit objectives; 5) Preparing audit recommendations; 6) Evaluating corrective actions taken to resolve issues noted in internal audit reports; and 7) Other duties as assigned.

Requirements: The selected candidates will have a Bachelor’s degree in Accounting or a related field. Operational experience or an in depth understanding of refinery operations is highly desired. Candidate must also have or is pursuing a CPA, Certified Internal Auditor, or other related designation. Required skills include: 1) Demonstrated ability to quickly understand technical operations, engineering project plans, process inventory measurement procedures and cost controls associated with large capital spending projects; 2) Proficiency in Microsoft Office software products; 3) The ability to present critical operational and technical information in oral or written form to internal and external contacts; 4) Strong interpersonal, analytical, and project management skills; 5) Professionalism and the ability to interact with operational personnel in a credible manner; 6) Demonstrated problem-solving skills; and 7) Excellent understanding of internal control systems and the ability to identify refinery process improvement opportunities.

SAP or other ERP system knowledge would be helpful. Approximately 50% - 60% travel may be required. Relocation: Relocation will be provided

Internet Contact Info: Tesoro Companies, Inc.
Email Resume to HRServices@tsocorp.com 
www.tsocorp.com 

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