Coordinates periodic updates to Significant Business Cycles’ process narrative documentation for the consolidated company. Maintains process charts and matrices that map control activities to control objectives.
Coordinates certain quarterly financial activities such as consideration of related party transactions, revenue by product category, system access reviews, compilation of financial disclosures, etc.
Performs testing of primary internal control activities. Applies judgment to test results in order to assess significance.
Analyzes data and business processes for evidence of deficiencies in controls, duplication of effort, fraud, or lack of compliance with laws, government regulations, management policies and procedures.
Maintains Master Gap List of identified control deficiencies. Collaborates with Business Cycle Process Owners to identify internal control improvements and applies judgment to coordinate remediation of deficiencies.
Participates in the annual Enterprise Risk Assessment and Fraud Risk Assessment processes, summarization of results, and preparation of overviews for executive management and the Audit Committee of the Board of Directors.
Performs assessments and prepares required documentation on critical Outside Service Providers in accordance with SAS 70 and SAS 73.
Participates in managing property insurance claims, working closely with third party insurance adjusters, salvage company, and the Chief Accounting Officer.
Participates in Internal Audit projects and special projects.
Serves as key point of contact with external auditors on information requested in conjunction with the integrated audit.
Protects the company’s assets and financial information by ensuring the accuracy and effectiveness of internal control procedures, and informing management and/or appropriate officials of potential fraud risk.