WHO WE ARE

Established in 1945, the Orange County Employees Retirement System (OCERS) provides retirement, death, disability, and cost-of-living benefits to retirees of the County of Orange and certain County districts. Serving approximately 54,000 members, OCERS is governed by a ten-member Board of Retirement that is responsible for managing a $24 billion dollar fund. For more information about OCERS, please click here.   

Mission

OCERS mission is to provide secure retirement and disability benefits with the highest standards of excellence.  

Vision 

OCERS vision is to be a trusted partner providing premier pension administration, distinguished by consistent, quality member experiences and prudent financial stewardship.

Values

• Open and Transparent
• Commitment to Superior Service
• Engaged and Dedicated Workforce
• Reliable and Accurate
• Secure and Sustainable

THE OPPORTUNITY
OCERS is seeking a Senior Internal Auditor to provide support to the Director of Internal Audit. Under general supervision, this position will perform financial and performance audits to ensure that OCERS has a comprehensive system of financial and operational internal controls in place to minimize risks and substantiate overall system compliance.
 
The Senior Internal Auditor reports directly to the Director of Internal Audit. OCERS management staff is expected to uphold the highest standards of accountability, Employer focus, and system efficiency. The ideal candidate will help set the scope of work, audit objectives, and ensure audit objectives are met in a timely manner.

Essential Duties and Responsibilities

Key performance attributes of the Senior Internal Auditor include, but are not limited to the following: 

• Plan, organize, conduct, and direct complex audits of financial, operational, and compliance functions or other programs as needed.
• Perform all audits in compliance with the Standards for the Professional Practice of Internal Auditing as issued by the Institute of Internal Auditors and OCERS Internal Audit policies and procedures.
• Conduct audits of OCERS internal divisions and Employer departments/agencies; determine the nature of operations and formulates objective opinions on the adequacy, effectiveness, efficiency, and compliance of systems or programs reviewed.
• Assist the Director of Internal Audit in leading and implementing the strategic plan for Internal Audit. This includes developing the annual audit program, updating the annual risk assessment, and scheduling the audit work plan.
• Assist the Director of Internal Audit with the review of Internal Audit work papers, drafting and finalizing audit reports, and audit observations.
• Present to Management written audit reports with recommendations on audit observations and follows up on the status of findings and recommendations.
• Train Internal Audit staff; review audit work papers and reports for quality of work and compliance with auditing standards; and provide input to performance evaluations.
• Partner with management to establish best-practice reporting relationships, to ensure Internal Audit is promoted throughout the organization, and develop a methodology for following up on audit recommendations and measuring performance.
• Verify and analyze transactions, management representations, documents, records, methods of reporting, receipts, disbursements, etc., for adequacy, effectiveness, errors, irregularities, and inconsistencies.
• Lead in the examination of records to determine the accuracy of data, effectiveness of internal controls, and verify compliance with stated goals and objectives. 
• Make recommendations for the correction of unsatisfactory conditions, improvements in operations, and reductions in cost.
• Maintain positive/constructive written and oral communications with OCERS personnel throughout the audit process.
• Work independently with minimal supervision.
• Perform other specialized duties related to Internal Audit operations.

MINIMUM QUALIFICATIONS
Minimum qualifications required for entry into the classification.

Education and Experience
Graduation from an accredited university or college with a Bachelor’s degree in Accounting, Business or Public Administration, Economics, or a related field which may include elementary, intermediate, and advanced accounting, auditing, cost accounting, business law, and other business-related courses.

AND

Five years of professional accounting or internal auditing experience, which demonstrates possession of the knowledge and abilities listed above.
 
Special Notes, Licenses, or Requirements

• A valid California class C driver’s license or the ability to arrange necessary and timely transportation for field travel; may be required to use personal vehicle.
• A complete background investigation is required; a felony or misdemeanor conviction may be a disqualifying factor from employment.

DESIRED QUALIFICATIONS

• Valid certification as a Certified Public Accountant (CPA)
• Certified Internal Auditor (CIA)
• Certified Information Systems Auditor (CISA)

Please click here for details on the Sr. Internal Auditor classification. 
 
KNOWLEDGE/SKILLS/ABILITIES
Sample of KSA’s necessary to perform essential duties of the position

Knowledge of

• Theory, principle, and practice of auditing, including the methods and procedures used to examine, verify and analyze operational records, statements, and reports.
• Standards for the Professional Practice of Internal Auditing (Institute of Internal Auditors).
• Generally Accepted Auditing Standards; Generally Accepted Government Auditing Standards, and information systems auditing standards.
• Generally Accepted Accounting Principles and internal control frameworks (such as COSO).
• Internal controls, including an understanding of information system controls, accounting systems, and financial structures.
• Statistical methods, including qualitative and quantitative analysis and statistical sampling.
• Computer-based information systems and use of computers for research and analysis.
• Investment management and conducting investment reviews for public pension funds.

Skills/Ability to

• Define problem areas, analyze data and or situations, draw logical conclusions and recommend effective courses of action.
• Communicate effectively both orally and in writing, including preparing comprehensive work papers, and clear and concise audit reports.
• Establish and maintain cooperative relationships with Employers, external contractors, management staff, and co-workers.
• Review, understand, interpret and apply State, Federal, and County laws and procedures; auditing and accounting pronouncements and standards (i.e. FASB, GASB, SAS, 1937 Law, SEC, and ISACA).
• Review and understand job descriptions, policy manuals, organization charts, OCERS business plan, and financial and accounting records.
• Stay current on the standards for the professional practice of internal auditing and adhere to the Code of Ethics of the Institute of Internal Auditors.
• Understand, use and explain complex legal provisions in conducting audits.
• Conduct research using a variety of research techniques; collect, compile, analyze and interpret data.
• Exhibit exemplary interpersonal skills and exercise sound judgment and professionalism in business matters.
• Perform job functions independently, objectively, and within set time frames.
• Use of standard office equipment such as: computer, printer, scanner, fax machine, photocopier, and 10-key calculator.
• Use computer software to compose reports, spreadsheets, graphs, flowcharts, calculations and time reports, etc.
• Use of OCERS-approved means of transportation to travel to and from work sites may be required for some assignments.