C&F Bank

  • Internal Auditor

    Job Locations US-VA-Toano
    Job ID
    # of Openings
    Posted Date
    4 weeks ago(9/19/2018 11:21 AM)
  • Overview

    C& Bank-theme


    Assists the Internal Audit Supervisor, and/or Director in the preparation and completion of various types of audits while following the department’s audit methodology. Obtains concurrence from the Internal Audit Supervisor, and/or Director for planned tests of key controls, and based on that assessment, works with the Internal Audit Supervisor, and/or Director to determine the nature, timing, and extent of substantive procedures. Provides timely communication to the Internal Audit Supervisor, and/or Director of key issues and significant audit findings along with variances related to hours budgeted. The Internal Auditor II may be involved in multiple audits at a time and is expected to work effectively with the Internal Audit Supervisor, and/or Director, in conducting research to assist with determining the appropriate audit steps to be performed.


    Looking for full-time employee with banking and auditing experience, and a 4 year degree in accounting or finance. However, will also consider a highly experienced part-time auditor with flexible hours.


    Completion of Objectives Assigned

    • Completes specific objectives assigned, which are agreed to at the beginning of the year
    • Tracks how objectives are met through specific examples during the course of the year
    • Follows current audit department methodology and evaluates process within the area under review
    • Identifies significant risks and key controls, and evaluates management’s understanding of the significant risks and key controls for processes under their control
    • Works with audit team to develop an effective risk-based audit plan that identifies processes, related risks, and compensating controls to be tested as well as appropriate substantive test procedures to be completed
    • Gains a detailed understanding of the business unit assigned, including changes in the area’s operations and risk profile since the last update
    • Uses the information obtained to reprioritize audit steps


    Quality of Work

    • Assists with improving the management and administration of the department by ensuring the completion of audit sections within budget, allowing timely issuance of audit reports, as prescribed in the department’s policies and procedures
    • Prepares audit observations that are complete, clear, and concise
    • Addresses pertinent and substantive issues within reasonable time
    • Ensures that the Internal Audit Supervisor, and/or Director is aware of noted issues/observations so they can be discussed with management prior to the end of fieldwork
    • Documents work performed and related conclusions in a complete, clear, and concise format that provides support for the audit findings, and conclusions rendered in the audit report
    • Identifies ways to gain audit efficiencies and share them with the audit team so that they can be incorporated into the audits


    Supervisory/Leadership Accountability

    • Emphasizes a team approach to auditing
    • Assists in coordinating audit activities with others, as required under the direction of the Internal Audit Supervisor, and/or Director
    • Acts in a professional manner that exhibits confidence and commands respect when attending meetings with management and clients
    • Provides feedback to Internal Audit Supervisor, and/or Director, on ways to improve the audit approach and incorporate improved efficiency in the audit process


    Administration Accountability

    • Provides timely communication to the Internal Audit Supervisor, and/or Director, if budgets and deadlines will not be met, and tracks budget vs. actual during the course of the engagements
    • Obtains additional and supporting information from client sources when significant issues are identified as part of planning and fieldwork and appropriately communicates critical and/or significant issues to the Internal Audit Supervisor, and/or Director in a timely manner so that they may be addressed with management
    • Provides Internal Audit Supervisor, and/or Director, and Client, with timely feedback on the overall status of the assigned audit project sections as well as pending issues
    • Takes ownership of assignments and see projects through to completion


    Other Duties and Accountabilities

    • Attends training courses during the year to enhance knowledge base and participate in sharing the information as part of department training
    • Complete assigned training, including required tests, within the indicated timeframes
    • Assists with special projects and other duties as assigned



    Knowledge: General knowledge of accounting principles required. Experience with or knowledge of audit and internal control procedures preferred. Basic knowledge of bank operations, banking regulations, and the Sarbanes-Oxley Act is required. Banking, audit, or SOX experience preferred.Previous audit experience required. 2-3 years of bank auditing experience strongly preferred.


    Skills: Excellent communication, organizational, and analytical skills are required to perform successfully in this role; must be able to effectively utilize technology tools, such as PC and MS Office.


    Abilities: Able to communicate effectively with people at all levels is required; must be effective with time management, work independently, detail-oriented, juggle multiple tasks at once, along with identifying potential risks and solutions. Must be able to travel to all Bank locations, including subsidiaries.


    Education: Bachelor’s degree or higher in Accounting, Finance, or Business Management preferred. Associates degree in Accounting or Business Administration required. CPA, CIA, CBA, CFSA, CFE, CICA, or other certification indicating recognized level of expertise is strongly preferred. A combination of education and experience will be considered.



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