Applied Industrial Technologies · 16 hours ago
Internal Audit
Cleveland, OH
Full-time
Hybrid
Entry, Mid Level
2+ years expApplied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion and related maintenance supplies. The Internal Audit role involves leading operational, financial, and compliance audit projects, providing consulting services, and developing the risk-based annual internal audit plan.
Wholesale
Responsibilities
Identify and evaluate the organization’s audit risk areas and provide key input to the development of the risk-based annual internal audit plan
Identify and test key (SOX significant) controls in order to properly assess the design and operating effectiveness of the control. This will also include key (SOX significant) controls related to configuration, enhancements and reports (mainly SAP) that may impact the integrity of reported financial information, the effectiveness and efficiency of business processes and controls and or the achievement of business objectives
Conduct subsidiary audits to verify accuracy of records, compliance with standards, policies and procedures. Compile audit findings and recommendations for modifications and improvements to systems and procedures. Communicate corrective actions when necessary
Perform duties to prepare and conduct service center operations reviews, audits and inventory observations, assist external auditors during audit of the Company’s financial statements, and internal investigations
Perform audit procedures, including identifying and defining issues, developing criteria to be tested, reviewing and analyzing evidence, conducting interviews, and documenting client processes, procedures and controls (via narratives and flowcharts)
Obtain firm understanding of Applied policies and procedures and possess ability to determine whether area of focus is in overall compliance
Communicate effectively with business unit management, senior management and other company personnel about audit progress and developments
Write audit reports to communicate project results to management and the audit committee. Evaluate report responses from management and suggest follow up action
Assist in other duties as required, such as developing and/or updating audit programs, developing the annual plan, management-requested projects, and other duties as required by audit management
Assist external auditors during the annual audit of the Company’s financial statements
Work with the Loss Prevention Department and assist with fraud and ethics investigations
Work closely with other departments or divisions on matters of mutual concern and responsibilities
Travel as needed to conduct audits (both domestic and international)
Perform other duties as assigned or directed
Qualification
Required
Bachelor's degree in business with an Accounting major
Professional Certification: Certified Public Accountant (CPA) with active status is required
Two years of experience in a large public accounting firm
Experience with SOX (Section 404 requirements and COSO 2013)
Proven knowledge of and skill in applying internal auditing and accounting principles and practices
Knowledge of management information systems terminology, concepts, and practices
Knowledge of contemporary risk management, control techniques, and control frameworks
Knowledge of industry program policies, procedures, regulations, and laws
Familiarity with the common indicators of fraud
Ability to travel up to 20%
Preferred
Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or Certified Fraud Examiner (CFE) a plus
Experience with SAP (auditing or functional)
Ability to work independently and take charge of critical issues
Professional sense of independence, integrity and objectivity
Highly motivated, self-directed individual
Skill in conducting quality control reviews of audit work products
Skill in collecting and analyzing complex data, evaluating information and systems, and drawing logical conclusions
Considerable skill in planning and project management, and in maintaining composure under pressure while meeting multiple deadlines
Skill in negotiating issues and resolving problems
Proficient computer skills, including word processing, spreadsheet, systems documentation, audit packages, and other business software to prepare workpapers, reports, memos, summaries, and analyses
Exemplify effective verbal and written communications, including active listening skills and skill in presenting findings and recommendations for improvement
Ability to establish and maintain harmonious working relationships with co-workers, staff, and external contacts, and to work effectively in a professional team environment
Company
Applied Industrial Technologies
Founded in 1923, Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
David Wells
VP - CFO & Treasurer
Kelly Massee
Business Partner
Company data provided by crunchbase