The primary purpose of the Internal Audit function is to assist city management in the efficient and effective discharge of their responsibilities by furnishing them with objective insights, analysis, appraisals, observations, and recommendations for improving controls, budget management, staff utilization, and processes within the organization. An employee in this position performs operational and financial risk-based audits or reviews of departments and functions within the City of Wilmington, audits of organizations funded with City appropriations, and organizations classified as sub-recipients. This includes reviewing and conducting assessments of internal controls, test of compliance with federal and state rules and regulations, and adherence to City policies and procedures; minimizing the risk of fraud, waste, and abuse; gathering and researching information; rating risk assessment; evaluating business processes; investigating alleged improper transactions; and submitting reports with finding, conclusions, and recommendations.

Essential Functions

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  Prepare risk assessments and develop effective audit programs
• Maintain, revise, and update as appropriate the internal audit plan
• Review and analyze accounts, records, internal controls, and fiscal procedures
• Perform tests of accounting records to verify accuracy, completeness, and propriety
• Identify, gather, review, and analyze physical or documentary data on management and business policies, practices, procedures, and organizational structure; make recommendations regarding industry best practices to improve performance efficiency and/or effectiveness
• Audit city activities, functions, and programs; prepare audit reports providing recommendations to correct deficiencies
• Serve on and advise senior management team on basis of audit findings, concerning proper record keeping, reporting, and application of pertinent provisions of state or federal statutes and/or regulations and City policy/procedures
• Review organization, staffing, cost effectiveness, program effectiveness and efficiency; analyze and develop solutions to administrative and technical problems disclosed through internal or external review
• Make oral and written presentations to management during and at the conclusion of the reviews/audit discussing deficiencies, recommending corrective action, and suggesting improvements in operations and reductions in costs
• Coordinate and make, or assist in making, oral and written presentations to the Audit Committee discussing deficiencies, corrective action recommended, and improvements suggested in operations and reductions in costs
• Prepare formal reports, expressing opinions on the adequacy and effectiveness of the system and the efficiency with which activities are carried out
• Appraise the adequacy of recommended corrective actions taken to improve deficient conditions
• Other duties as assigned

• Knowledge of Audit Process
• Knowledge of Methods and Practices and Governmental Accounting and Auditing
• Knowledge of Federal, State & Local Laws and Regulations
• Knowledge of Information Systems
• Knowledge of Organizational Structure
• Knowledge of City Budget
• Ability to analyze financial records in ascertaining facts
• Ability to analyze and recommend improvements
• Ability to obtain and utilize sensitive information discreetly and objectively
• Ability to conduct investigative interviews
• Ability to analyze data, facts, or information and draw logical conclusions
• Ability to communicate effectively with others, both verbally and in writing
• Ability to establish and maintain effective relationships with City management, department management, professional personnel, and others
• Skilled in preparing risk assessments and developing effective audit programs
• Skilled in conducting research
• Skilled in evaluating and testing internal controls and operational procedures
• Skilled in prioritizing, organizing, and managing multiple simultaneous projects
• Skilled in applying independent judgment, personal discretion, and resourcefulness in applying and interpreting guidelines

• Bachelor’s degree in Accounting, Business Administration, Finance, or related field.
• Five (5) years of related work experience; or equivalent education and/or experience.

• Possession of a Certified Public Accountant (CPA) designation; or
• Possession of a Certified Internal Audit (CIA); or
• Possession of a North Carolina Local Government Finance Officer Certification

Health Benefits are offered to employees working at least 30 hours per week.

Health Insurance - The City offers two options for health coverage: a standard PPO plan and a High Deductible Health Plan with an associated Health Savings Account. Coverage becomes effective the first day of the month following 30 days of employment for employees and their eligible dependents. Both you and the City contribute to the overall cost of coverage.
Dental Insurance - Coverage becomes effective the first day of the month following 30 days of employment. Employees, their spouse and dependent children are eligible for coverage.

Life Insurance - The city pays to provide coverage valued at one times your annual salary. Supplemental insurance is available for employees to purchase. Optional coverage for dependents is also available for purchase.

Retirement:
- NC Local Government Retirement System - All benefits eligible employees make a mandatory 6% contribution every pay period.

• Deferred Compensation – The city contributes an amount equal to 4.5% of the annual salary to either the 401(k) or 457 plans regardless of employee contribution. Employees may choose to contribute additional money to the deferred compensation plans, without a match from the City, within the IRS guidelines.

**This is intended to be a brief overview of the benefits offered. Please visit our website at https://www.wilmingtonnc.gov/departments/human-resources/benefits-and-forms for more information.**