$80K — $100K *
UDR, Inc. is now hiring a Manager - Internal Audit to join our team at our corporate office in Highlands Ranch, CO.
GENERAL SUMMARY OF DUTIES: Provide a full range of financial, compliance, information technology, and operational audits, business advisory, internal control structures, accountability, and use of resources. Responsible for the planning, execution, and review of staff annual Sarbanes-Oxley (SOX) walkthroughs and tests of controls. Work is performed within policies including Local, State and Federal law and administrative regulations with wide latitude for the exercise of independent judgment and subject to periodic review based on results achieved.
1. Implement and manage an Annual Internal Audit Plan that provides for a comprehensive and objective review of compliance with Company standard operating policies and procedures. Plan shall address the integration of financial, compliance (including Sarbanes-Oxley), operational and systems internal audits using a risk-based approach that is aligned with the Company’s Enterprise Risk Management function.
2. Prepare detailed audit reports that identify patterns, trends, or areas of risk, loss and operational vulnerability, and work with the Company’s management team to develop and implement programs and systems that prevent or minimize risk.
3. Prepare detailed audit reports or memos that identify non-compliance with internal controls related to accounting policies and procedures and financial reporting including disclosure controls specific to Sarbanes-Oxley.
4. Work with IT to execute audit and compliance projects, including evaluation of user security controls, user ID administration, and general data access administration.
5. Manage interim and annual recurring external audit procedures on-behalf of the external auditors.
6. Conduct investigative audits related to specific issues including, but not limited to, fraud detection and risk assessment at existing communities as directed by the management team or when irregularities are discovered.
7. Identify areas for process improvement including the use of robotic process automation to increase efficiencies, reduce costs, and increase compliance.
8. Analyze historical data to assess maximum loss scenarios, identify loss causes, and track trends. Develop recommendations based on findings, prepare and present reports that summarize audit findings, identify areas of operational strength and deficiencies, and recommend corrective actions as needed to ensure operational compliance.
9. Conduct follow-up audit procedures to determine if recommended corrective action was implemented and assist management as needed to prevent the development of recurring operational or procedural issues.
10. Analyze audit and other reports to identify patterns or trends occurring throughout the Company to differentiate between isolated and prevailing problems and communicate a sense of urgency to ensure that significant issues receive the appropriate level of managerial attention.
11. Assist in the due diligence process for proposed acquisitions and/or dispositions, investigate specific issues or concerns on a community-by-community basis, and complete other special projects as directed or requested by operational, corporate, or executive management.
12. Document policies and procedures and assess adherence and compliance with those policies and procedures.
13. Evaluate and examine policies, procedures, and systems in place at communities to protect assets.
14. Review compliance with policies, procedures, and Local, State and Federal laws and regulations.
15. Assist individuals who perform operational and financial activities with risk assessments and action plans in their functional areas to heighten awareness of major exposures, loss potential, and/or transaction anomalies and facilitate discussions of practical way to manage and/or avoid them.
16. Hire and train new staff and develop staff to maximize potential.
17. Supervise direct reporting staff in accordance with overall Company policy.
18. Monitor staff performance including performance reviews and address performance problems through corrective action and dismissal.
19. Approve time records, requests for time off and expense report submissions.
20. Assist direct reporting staff to address and resolve concerns or complaints involving job duties and job descriptions, performance standards, relations with coworkers, relations with supervisors and managers.
21. Perform other duties as assigned or as necessary.
EDUCATION AND EXPERIENCE:
1. Bachelor’s degree in Accounting or Finance, related field; or equivalent combination of education and experience required.
2. Successful completion of either a Certified Public Account (CPA), Certified Information Systems Auditor (CISA) and/or Certified Internal Auditor (CIA) designation, required.
3. Minimum of seven years’ relevant audit experience, in a strategic planning, tax, financial analysis, or business development role, preferably within the real estate field. Operations experience is a plus.
4. Minimum of five years’ experience with Sarbanes-Oxley financial and information technology audit programs and practices.
5. Experience performing system interrogations using standard interrogation software or analysis scripts such as ACL or IDEA.
6. Must have and maintain a valid driver’s license unless otherwise noted.
Valid through: 8/5/2020