Internal Audit Senior

at  Cummins Inc

INTERNAL AUDIT SENIOR

Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems.
We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That’s what #LifeAtCummins is all about.
We are looking for a talented Internal Audit Senior to join our team specializing in Finance for our Corporate/CBS in Indianapolis, IN.

In this role, you will make an impact in the following ways:

• Responsible for assisting in the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment.
• Leads execution of less complex audits to evaluate the effectiveness and efficiency of the internal control environment in compliance with audit standards.
• Performs interviews and walkthroughs to understand business processes, including risks, internal controls and any potential control gaps.
• Performs audit testing of more complex audit areas to meet audit objectives in compliance with audit standards.
• Creates high quality audit documentation in compliance with audit quality standards.
• Identifies internal control issues and improvement opportunities that are meaningful and practical.
• Communicates audit status, testing results, observations and improvement recommendations to stakeholders.
• Assists in preparation of formal written reports to communicate audit results to management.
• Reviews documentation of less experienced audit staff to ensure it meets audit quality standards.
• Coaches audit staff and provides meaningful and timely feedback.
• Assists in managing contracted audit staff.

SKILLS

• Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.
• Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.
• Audit Standards - Leverages audit standards and performs audits to evaluate the design and operating effectiveness of internal controls; summarizes procedures and findings to communicate audit results to stakeholders.
• Ensures accountability - Holding self and others accountable to meet commitments.
• Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
• Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
• Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
• Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
• Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.
• Project Management - Establishes and maintains the balance of scope, schedule and resources for a temporary effort (a “project").

EDUCATION, LICENSES, CERTIFICATIONS

• College, university, or equivalent degree in Accounting, Finance, Information Technology, or related field required.
• Progress toward Certified Internal Auditor, Certified Public Accountant, Chartered Accountant or similar certification preferred.

EXPERIENCE

Intermediate relevant professional work experience in the field of study required.

• Responsible for assisting in the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment.
• Ensure the audits are compliant with Internal Audit’s policies and procedures.
• May lead the execution of less complex audits to evaluate the effectiveness and efficiency of the internal control environment.
• Assists in interviews and walkthroughs to understand business processes, including risks, internal controls and any potential gaps.
• Performs audit testing including more complex audit areas to meet audit objectives in compliance with audit standards.
• Assists in preparation of formal written reports to communicate audit results to management.
• Reviews documentation of less experienced audit staff to ensure it meets audit quality standards.
• Coaches audit staff and provides meaningful and timely feedback.

• Responsible for assisting in the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment.
• Leads execution of less complex audits to evaluate the effectiveness and efficiency of the internal control environment in compliance with audit standards.
• Performs interviews and walkthroughs to understand business processes, including risks, internal controls and any potential control gaps.
• Performs audit testing of more complex audit areas to meet audit objectives in compliance with audit standards.
• Creates high quality audit documentation in compliance with audit quality standards.
• Identifies internal control issues and improvement opportunities that are meaningful and practical.
• Communicates audit status, testing results, observations and improvement recommendations to stakeholders.
• Assists in preparation of formal written reports to communicate audit results to management.
• Reviews documentation of less experienced audit staff to ensure it meets audit quality standards.
• Coaches audit staff and provides meaningful and timely feedback.
• Assists in managing contracted audit staff