Senior Auditor (Remote)

PURPOSE:

Senior Auditor will assess organizations operational, financial, regulatory and compliance controls to ensure processes and applications function efficiently and remain in compliance with policies, procedures, and regulations. Evaluates internal operational, financial, regulatory and compliance processes to identify controls and potential risks. Report audit findings to management and recommend solutions to improve operational effectiveness and efficiencies.

ESSENTIAL FUNCTIONS:

• Conduct and or lead operational, financial, regulatory and compliance audits utilizing computer assisted audit techniques. Analyze and evaluate opportunities for improvement in processes and outcomes and provide audit advice relating to operations; controls; segregation of duties; business process improvement; and related system applications. Participate in the development of the risk assessment for the business process or project under review. Perform process walkthroughs, facilitate Entrance and Exit meetings.

• Responsible for drafting audit findings and draft reports. Maintain audit documentation in automated workpaper repository of business processes and related risks and controls

• Perform special reviews and audits or advisory services as requested by management. Write reports or memoranda to management communicating the results of the work performed, recommend management action plans, and perform follow-up to validate completion of action plans.

• Support department strategic initiatives and other special assignments aimed at continuous quality improvement. Advise and consult on risk management and controls for new processes associated with the assigned audits, as appropriate. Work collaboratively with the business area to identify and develop recommendations for corrective actions.

• Write memoranda and status reports to management communicating the risks and recommended corrective action plans identified in these monitoring and advisory activities. Follow-up with business area management to resolve issues identified, including post-audit internal control remediation testing.

• Maintain a repository of operational, financial, regulatory and compliance audit issues and related corrective action plans. Update management on outstanding issues and potential risks periodically. Responsible for ensuring the quarterly issue report is updated timely and provided to management for review based on departmental goals.

• Assist in the coordination of external vendor audit, as well as operational, financial, regulatory and compliances audits as assigned.

SUPERVISORY RESPONSIBILITY:
Position does not have direct reports but is expected to assist in guiding and mentoring less experienced staff. May lead a team of matrixed resources.


QUALIFICATIONS:

Education Level: Bachelor's Degree in Business Administration, Management Sciences, Finance, Accounting or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 5 years Progressively responsible auditing, consulting and business advisory services experience with a project management background.

Preferred Qualifications:
Possess certification as a CPA, CIA, CFE; advanced degree; healthcare insurance industry experience.

Knowledge, Skills and Abilities (KSAs)

• Knowledge of operational processes, state and federal regulatory and compliance guidelines, accounting principles and practices, proficient with data analytic tools (e.g., Excel, ACL) and the analysis and reporting of data.
• Knowledge and understanding of various auditing methods, practices, standards (e.g., IIA) and automated workpapers (e.g., TeamMate).
• Ability to recognize, analyze, and solve a variety of problems..
• Strong oral and written communication, presentation skills, facilitation skills and business processes..
• Must be able to effectively work in a fast-paced environment with frequently changing priorities, deadlines, and workloads that can be variable for long periods of time. Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Travel Requirements
Estimate Amount: 5% Travel to various CareFirst offices, vendor locations, and training facilities.

Department

Department: Audit & Advisory Services

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.