Audit Director

Starting Wage Range: $160,360.03/yr. - $225,696.79/yr.

Job Summary:

As the primary audit executive of the Tribe, oversees the internal audit function, facilitation of external audits, and coordination with regulatory examiners for the Tribal Government and components including Spirit Mountain Gaming, Inc. (SMGI), as well as performs advisory and investigative services. Provides an independent and objective evaluation of business practices, processes, and controls designed to run the organization and provide fiduciary care.

Essential Functions:

• Coordinates, implements, and conducts audits for Tribal Council, executive management, and the Audit Committee of the SMGI Board of Directors to ensure compliance with Tribal ordinances, policies, procedures, gaming compacts, regulations, and minimum internal control standards (MICS).

• Evaluates and assess the effectiveness of controls, accuracy of financial records, and efficiency of operations by performing the following duties personally or through assisting employees in conformance with auditing standards promulgated by the Institute of Internal Auditors (IIA):

• Schedules and plans audit activities to assist Tribal Council, the SMGI Audit Committee, and management in reducing risk, preventing loss, and increasing Tribal value through maintenance of a sound control environment and system of internal controls.
• Encourages and obtains input from management as to areas requiring improved internal controls.
• Prepares risk assessments and prioritizes audit activities.
• Plans audit objectives and scope.
• Performs audits of Tribal entities, governmental divisions/departments, and programs.
• Obtains, validates, and documents an understanding of the audited activities through interviews with staff and line management, as well as research and review of written information.
• Identifies management expectations and control procedures for audited activities, designs tests to meet audit objectives, selects appropriate samples and timing, and performs tests.
• Examines, evaluates, and documents results of tests in order to identify variances, exceptions, discrepancies, and other issues for discussion with management.
• Presents audit findings and recommendations to applicable line management for review and confirmation of facts.
• Communicates audit results via written reports and/or oral presentations as applicable to Tribal Council, executive management, relevant line management, and the SMGI Audit Committee and Board of Directors. Maintains Tracking List of outstanding audit recommendations and follows up on open items until remediation is complete.
• Analyzes data obtained for evidence of deficiencies in controls, duplication of effort, extravagance, fraud, or lack of compliance with Tribal ordinances, policies, contractual requirements, and management policies and procedures.
• Inspects accounting systems to determine their efficiency, accuracy, and completeness.
• Assesses the proper accountability of assets by conducting inventories.
• Examines the proper recording and utilization of capitalizes and other material assets.
• Manages the Tribe’s “Report It” independent hotline, evaluates new reports and distributes them for follow-up as per policy, and maintains the Report It Tracking List of outstanding reports until they are resolved.
• Conducts special studies for Tribal Council and/or executive management such as those required to discover mechanics of detected fraud and to develop controls for fraud prevention.
• Attends Spirit Mountain Casino Audit Committee and Board of Director Meetings and performs reviews as directed by the Audit Committee of the Board.
• Directs the preparation and review of SMGI Audit Committee meeting materials.
• Coordinates external audits and examinations, as necessary.
• As requested, facilitates the work of independent auditors for the annual external audits. Assists management and program managers with federal and state regulatory examinations and correspondence.
• Oversees and coordinates the development of requests for co-sourced and/or outsourced audit and consulting services; monitors services through completion
• Performs special advisory projects and investigations as assigned by Tribal Council and/or requested by executive management and the SMGI Audit Committee.
• Ensures conformance with acceptable quality control standards through the review of work products of individual audit projects.
• Develops and administers departmental budget and monitors expenditures.
• Oversees and assigns special projects and/or confidential investigations.
• Performs a variety of other duties as assigned by supervisor.