Internal Auditor Sr.

At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources.  We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow’s energy challenges while learning new skills and growing your career.
ERCOT is committed to fostering diversity and inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We accept and celebrate those that join us and recognize that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. A diverse and inclusive workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
ERCOT offers the flexibility to work both in and out of the office within the state of Texas, providing our employees with an enhanced work life balance.

JOB PURPOSE                   

Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.  Prepares reports on findings.

JOB SUMMARY 

Experienced key contributor of the Internal Audit Department who possesses a good understanding of the Internal Audit Department’s processes, ERCOT’s business, the electric utility industry and external regulations.  Demonstrated the ability to exceed expectations at the Senior Auditor Level.

JOB DUTIES

• Responsible for managing complex projects and assignments while applying audit principles.
• May provide recommendations regarding issues outside the bounds of defined procedures and practices.
• Demonstrates good judgment in selecting methods and techniques for obtaining solutions.
• Wide latitude for decisions within assignments, programs. and projects.
• Acts as a resource to advise and lead the work of lower level professional and/or support employees.
• Represents the department on projects and may perform in a project leadership role.
• Provides valuable input for enhancing the department’s processes.

ADDITIONAL JOB DUTIES

Level 2

• Conducts and/or participates in audits at all levels of management and staff throughout the organization.
• Reviews policies and procedures and other related documentation to obtain an understanding of each area being audited.
• Follows and develops audit programs with specific testing criteria to evaluate risks and controls within the audit area.
• Ensures adequate internal controls are maintained by following up on prior audit recommendations.
• Documents all work thoroughly and completely to support audit results. Adheres to the standards of the Internal Audit profession.
• Builds knowledge to achieve proficiency for conducting internal audits and business reviews independently.
• Identifies risks within each audit area.
• Recommends improvements in procedures, processes and operations across the organization.
• Drafts and issues reports and other formal communications on the results of each audit.

Level Senior - Above +

• Identifies risks within each audit area and may initiate investigations and audits to mitigate losses and strengthen controls if warranted.
• Review work papers for accuracy.
• If assigned by the Director of Internal Audit, monitors ERCOT’s standards of conduct and ethical relationships with market participants, stakeholders, regulators, suppliers, and employees.
• Drafts and issues reports and other formal communications on the results of each engagement.
• Provides training to new employees and contractors along with refresher training for current employees about audit process, procedures, and proposed operational changes.
• Interfaces with external auditors when engaged to jointly review, evaluate and report findings on internal processes, controls, and business results.
• Oversees report draft and editing, and reviewing work papers for accuracy completed by junior audit team members
   

Level Lead - Above +

• Provides training to new employees and contractors and mentors others as needed.
• Has ability to lead engagements with minimal supervision.
• Provides consulting and advisory services regarding the management of internal controls, enterprise risk management, and other operational areas.
• Provides input into the Corporate Enterprise Risk Management and Assessment process and the development of the Annual Audit Plan.
• Assists in the annual audit planning process.
• As assigned, monitors Internal Audit’s compliance