Internal Auditor III (Immediate Opening)

IDEA Public Schools
Weslaco, Texas, United States
USD 30.24 per hour
19 Oct 2020
20 Oct 2020
Job role
Audit, Internal audit
Experience level
Qualified accountant

Position at IDEA Public Schools

About IDEA Public Schools:

At IDEA Public Schools, we believe in college for ALL and we are committed to ensuring that all our students graduate from college. IDEA Public Schools has grown from a small school to the fastest-growing network of tuition-free Pre-K-12 public charter schools in the United States sending 100% of our students to college. 50% of our students graduate from college in 6 years - that's 8 times the national rate for students in our communities!

IDEA was founded in 2000 as a single school with 150 students in the Rio Grande Valley. When interest exceeded building capacity, to meet the demands, IDEA's co-founders committed to serving more students in the Rio Grande Valley of Texas and beyond. We now serve nearly 53,000 students across Texas and Louisiana. By 2022, IDEA will serve 100,000 students. Be on the lookout for IDEA schools opening near you-with continued growth in our current regions and new launches in Houston (2020), Permian Basin (2020), and Tampa Bay (2021)!

When you choose to work at IDEA, you are part of our IDEA Team and Family. You will work alongside team members who set and reach ambitious goals every day, are excited to continue to grow with IDEA, and work relentlessly to make college for all a reality.

To learn more about IDEA, check out this video.

About the Rio Grande Valley:

Since 2000, IDEA Public Schools has grown from a school of 150 students in Donna, TX to the fastest- growing family of tuition-free, public charter schools in the United States. In the Rio Grande Valley, we are a nucleus of four counties (Cameron, Hidalgo, Starr and Willacy County) that work as one unit to support our children academically and holistically.

RGV is home to a population of just over 1.3 million residents. Children across the region truly benefit from IDEA's mission of college for all as only 1 out of 17 students graduate college ready. Our mission holds true as we have 2,400 IDEA alumni that currently attend, or have graduated from, 150 colleges and universities across the country.

Join our passionate team of changemakers in south Texas as we prepare to expand our home region to 55 schools, serving over 38,000 students in 2022.

Role Mission:

The mission of the Internal Auditor III is to utilize Internal Audits' resources in an effective and efficient manner for the professional and timely completion of assigned audit engagements set forth by IDEA Public School's Board Audit Committee through the annual audit plan. Internal Auditor III will assist in providing an independent, objective assurance and consulting activity designed to add value and improve IDEA Public Schools' operations. The Internal Auditor III will report to the Internal Audit Manager for assignment, planning, and executing of internal audits and other duties.

  • Manage the performance and control of 100% of the assigned audit engagements within the agreed upon timeline, including risk management and control management over operations' effectiveness, financial reliability and compliance with all applicable directives and regulations:
    • Obtain, analyze and evaluate accounting documentation, previous financial and programmatic reports, data, flowcharts, etc. for a clear understanding of current conditions and identification of potential risks.
    • Conduct follow up procedures to monitor management's interventions and implementation of corrective action plans.
    • Engage in continuous education development regarding the non-for-profit and education sector's rules, regulations, best practices, tools techniques and performance standards.
    • Anticipate emerging issues through research and interviews and collaborate with Internal Audit Manager on how to best deal with them.
    • Assess how the District is complying with applicable policies and regulations and inform management on any issue that may need to be addressed.
    • Research and assess how risk management processes are developed and how effectively they are working.
    • Engage in the understanding of IDEA Public School's organizational context, charter and educational context and all internal policies.

  • For 100% of the audit engagements assigned, determine the internal audit scope, develop audit plans for assigned projects, and maintain a consistent system of audit paperwork retention using Highbond/Galvanize, internal audit's management system.
    • Incorporate the Audit Committee's internal audit plan for the year by setting up all internal audit engagements into internal audit's operating system.
    • Develop and outline audit objectives for all assigned audit engagements.
    • For each audit objective developed,
    • Identify and document potential risks under that objective, and
    • Prepare and Incorporate all planning procedures to address those risks within internal audits management system.
    • Document and summarize the results of testing and other internal audit procedures within the internal audit management system.
    • Document, communicate and coordinate any issues identified with Internal Audit Manager.
    • Prepare Internal Audit reports for presentation.

  • Schedule and lead 100% of the entry and exit meetings for internal audit engagements with the IDEA Officers responsible for the area under audit, and deliver engagement letters for all assigned audits at a minimum 2 weeks prior to the commencement of a project.
    • Maintain open lines of communication with IDEA Public Schools' Officers and the Internal Audit Manager.
      • Manage and leverage the communications with IDEA Officers on surprise audits initiated for fraud or other risk concerns.
      • Develop an understanding of the business processes under audit and collaborate with individuals that will be participating on the audit before and during the completion of the entrance meeting.
      • Travel to different sites to meet relevant staff and obtain documents and information as needed.
      • Communicate issues as found to Internal Audit Manager and summarize for presentation and discussion with relevant officers and managers.
      • Communicate findings/issues to IDEA officers, request input on issues found, and initiate the corrective action plan process.

  • Assist as needed on the completion of Interim and Year-End Financial Audit process for the timely completion of the external audit engagement by the September Board of Directors' meeting.
    • Communicate audit requests as assigned to appropriate staff.
    • Review all audit documentation assigned for accuracy and completeness prior to submission to external auditors.

  • Lead the Internal Quality control strategy as required by professional standards for Internal Audits and complete 100% of the quality control program as assigned by the Internal Audit manager.
    • Ensure quality control strategies are incorporated into and completed for all internal audit engagements.
    • Communicate any issues that may impair the quality of internal audit engagements to the Internal Audit Manager and assist in their remediation.
  • Live values of IDEA
    • Believes and is committed to our mission: that all students are capable of getting to and through college.
    • Is driven by outcomes and results and wants to be held accountable for them.
    • Has a propensity for action, willing to make mistakes by doing in order to learn and improve quickly.
    • Thrives in an entrepreneurial, high-growth environment; is comfortable with ambiguity and change.
    • Seeks and responds well to feedback, which is shared often and freely across all levels of the organization.
    • Works through silos and forges strong cross-departmental relationships in order to achieve outcomes.
    • Embodies IDEA's core values.

    Supervisory Responsibilities
    • Responsibilities may include planning, assigning, and directing the work of lower level Internal Auditors.

    • Education: Bachelor's degree in accounting, finance, or business.
    • Experience: 10+ years auditing experience; preferably internal audit at a non-profit or educational setting.
    • Licenses or Certifications: Certified Public Accountant, Certified Internal Auditor or Certified Fraud Examiner required.

    Knowledge and Skills:
    • Strong analytical, organizational, communication and interpersonal skills.
    • Ability to plan and conduct financial and management audits.
    • Knowledge of generally accepted accounting principals.
    • Knowledge of federal grant audits.
    • Ability to implement policy and procedures.
    • Ability to interpret data.
    • Ability to use personal computer to produce required reports.

    Compensation: Salaries for people entering this role typically start between $62,900 and $76,054, commensurate with relevant qualifications and experience. This role is also eligible for a performance bonus based on individual and organizational goal attainment.

    IDEA Public Schools does not discriminate on the basis of race, color, national origin, age, sex or disability, in admission or access to, or treatment of employment in its programs and activities. Any person having inquiries concerning the organization's compliance with the regulations implementing Title VI of Civil Rights Act of 1964 (Title VI), Section 504 of the Rehabilitation Act of 1973 (Section 504), or Title II of the Americans with Disabilities Act of 1990 (ADA), may contact IDEA Human Resources at (956) 377-8000.