JOB DESCRIPTION

Job Title (per HRnet): / Senior Internal Auditor / Job Code: / NIA01H
Reports To: / Audit Manager or Audit Sr. Manager / Grade: / H
Completed By: / Chris Olugbenga / FLSA Status: / Exempt
Approved By: / Christine Shutt / Date Approved:
Date: / September 2011 / # Direct Reports: / 0 / # Indirect Reports: / 0
Jobs Reporting Into This Job: / None

JOB SUMMARY:

The primary function/purpose of this job.

We are looking for talented people with prior experience in auditing, accounting or finance to join our Internal Audit function as an entry point into the company. The networking and experience obtained in Internal Audit have allowed previous employees opportunities to move into a wide variety of roles within the organization.
The Senior Internal Auditor works with audit management and business management to identify internal areas or functions needing review, and plans for necessary audits. Leads specific audit engagements by supervising Experienced auditors on specific audit engagements, initiating and overseeing all fieldwork, and wrap-up activities, and is responsible for ensuring all required activities are completed. It also evaluates the adequacy and effectiveness of the controls over the activities reviewed. The auditor will report findings to business management and recommend necessary corrective action and process improvements. The auditor will also provide assistance to team members with issues requiring technical expertise or advanced knowledge. Provides training and acts as a mentor to Staff Auditors.

ESSENTIAL FUNCTIONS:

The 6-10 major responsibility areas of the job. / Weight: (%)
(Total = 100%)
1. / ·  Evaluate functions and activities in assigned areas under review to determine the nature of operations and the adequacy of the system of control in achieving established objectives.
·  When applicable interpret government regulatory requirements including those related to Medicare & Medicaid services
·  Maintains strategic industry and Company knowledge; continuously updates practical knowledge and skills by using resources such as reading and reference materials, and attending training seminars as required / 15 %
2. / Plans or assists in planning, the scope of the audit, and prepares the audit program. / 20 %
3. / ·  Obtains, analyzes, and appraises evidentiary data as a basis for an informed, objective opinion on the adequacy and effectiveness of the system of internal control. Coordinates testing to support compliance with Sarbanes-Oxley requirements
·  Manages the required time and expense budgets on specific audit engagements.
·  Performs a quality assurance review of all audit work papers prepared by the audit team for compliance with department policies and procedures and the Standards for the Professional Practice of Internal Auditing / 30 %
4. / Makes, or assists in making, oral or written presentation to management during and at the conclusion of the examination, discusses deficiencies, recommends corrective action, and suggests improvement in operations and reductions in cost. / 10 %
5. / Prepares formal written reports expressing opinions on the adequacy and effectiveness of the system of internal control. / 10 %
6. / Serves as a starting point of escalation for issues requiring a higher degree of expertise or discretion to resolve and ensures timely resolution. May assist with work distribution. Mentors less experienced team members to improve their understanding and skills. Ensures they are familiar with resource materials including manuals and systems. / 10 %
7. / ·  Special projects as assigned.
·  Assists in developing department guidelines, policies and procedures
·  Assists with the re-design and re-engineering of Department processes, as requested. / 5 %
8. / %
9. / %
10. / %

SCOPE OF JOB

Provide quantitative data reflecting the scope and impact of the job – such as budget managed, sales/revenues, profit, clients served, adjusted scripts, etc.

Position will assist the Internal Audit department in providing independent, objective assurance and consulting services designed to add value and improve operations at Express Scripts. Internal Audit helps the Company accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

KEY WORKING RELATIONSHIPS

Indicate jobs & departments within Express Scripts and individuals, vendors, customers, etc. outside Express Scripts with whom this job has a regular working relationship.

Contact / Internal / External / Frequency / Nature/Purpose of Contact
Business Partners / Internal / Daily / Performing audits
External audit firms / External / Semiannual / Controls testing and year end external audit assistance
Vendors / External / As Needed / Audit data and processes
Management / Internal / Monthly / Audit reporting and results
Consultants / External / As Needed / Audit software and processes

MINIMUM QUALIFICATIONS TO ENTER THE JOB:

Formal Education and/or Training:

Bachelor’s degree in Accounting, Finance, Business Administration, or related field

Master’s degree in Accounting (or met 150 hour requirement) preferred

______

Years of Experience:

3-5 years of significant experience in internal or external auditing, including 1+ year of in-charge/ senior auditor experience

Public accounting experience preferred

______

Licensures/Certifications:

CPA or CIA certifications preferred or willing to pursue

______

Computer or Other Skills:

PC skills including knowledge of Microsoft Office and data analysis software (i.e. ACL)

______

Knowledge and Abilities:

·  Focus on quality and service

·  Experience working with cross functional departments to research and resolve issues using innovative solutions

·  Demonstrated ability to meet multiple deadlines and manage a heavy workload

·  Ability to handle sensitive or confidential information is critical

·  Demonstrate the confidence and communication skills to work with and present information directly to high-level management within all other areas and functions in the Company

·  Thorough understanding of risks and internal controls, COSO framework, and professional auditing standards

·  Use of automated audit and analytical tools for risk assessment and audit testing is a plus.

·  Strong working knowledge of Sarbanes-Oxley requirements

·  Thorough understanding of business operations and processes required

·  Build and maintain effective working relationships with Express Scripts Management

·  Prior experience with government regulations including those specific to Centers for Medicare & Medicaid Services is a plus.

·  Knowledge of the PBM or healthcare industry is a plus.

·  Experience working with SEC reporting is a plus.

·  Excellent verbal and written communication skills along with presentation skills

·  Ability to work a flexible schedule to accommodate project deadlines and travel

______

Job Requirements Checklist

Use the following checklists to analyze the demands of particular jobs in relation to the qualifications of job applicants. In order to measure the extent to which an activity is required in a job, place an A, B, C or N/A in each designated blank as follows:

A - Minor - Activity or condition exists less than 20% of work time.

B - Moderate - Activity or condition exists between 20-60% of work time.

C - Major - Activity or condition exists 60% or more of work time.

N/A - Not applicable

PHYSICAL DEMAND

Code

Strength Reaching

Standing 10 % Handling A (paper work)

Walking 10 % Fingering C (typing & phones)

Sitting 80 % Feeling N/A

Throwing N/A

Code Eye-Hand Coordination N/A

Lifting lb. A Foot-Hand-Eye Coordination N/A

Carrying lb. A Other N/A

Pushing lb. A

Communicating

Climbing Ordinary C

Stairs A Other N/A

Ladders N/A

Balancing N/A

Other N/A Hearing

Ordinary C

Other N/A

Stooping

Kneeling A (inventory counts) Seeing

Crouching A (inventory counts) Acuity - Near N/A

Crawling N/A Acuity - Far N/A

Turning/Twisting N/A Depth Perception N/A

Bending at Waist N/A Accommodation N/A

Other N/A Color Vision N/A

Field of Vision N/A

Other N/A

PHYSICAL CONDITION

Working Area

Inside 100 %

Outside 0 %

Code Code

Temperature Atmospheric Conditions

Constant cold N/A Fumes N/A

Constant heat N/A Odors N/A

Changing temperatures N/A Mists N/A

Dusts N/A

Humidity or Damp N/A Oil/Grease N/A

Dirt N/A

Noise Gases N/A

Noise level (dB) N/A Ventilation N/A

Exposure (hours/day) N/A Lighting N/A

Other N/A

Unavoidable Hazards

Mechanical N/A Protective Clothing or

Electrical N/A Personal Devices N/A

Burns N/A

Moving objects N/A

Cramped quarters N/A

Other N/A

MENTAL REQUIREMENTS

Code

Understand and carry out oral instructions. C

Read and carry out simple written instructions. C

Read work orders, scrap tickets, job lot tickets, graphs, logs, schedules. N/A

Read and verify car numbers, alloy identities, etc. N/A

Read and carry out complicated instructions. C

Observe and read instruments, gauges, dials, etc. to determine operating
conditions. N/A

Read and interpret detailed prints, sketches, layouts, specifications, etc. N/A

Identify and list production data such as quantities, pressures, alloys,
operating conditions. N/A

Prepare detailed records or reports such as inventory records, receiving
reports, operating logs, lab analyses, quantities, etc. N/a

Estimate size, form, quality or quantity of objects. N/A

Estimate speed of moving objects. N/A

Inspect, examine and observe for obvious product or equipment defects. N/A

Inspect, examine and observe for product or equipment defects not easily
identified. N/A

Count, make simple arithmetic additions and subtractions. C

Compute and calculate amounts of additives, results of tests, etc. C

MENTAL REQUIREMENTS

Code

Use measuring devices such as tapes, gauges, rules, weight scales, where
reading is direct and obvious. N/A

Use measuring devices such as micrometers, calibrated steel tapes,
calipers, etc. where precision and interpretation are required. N/A

Make routine lab tests, such as titrations, specify gravity, etc. N/A

Plan and schedule movement or flow of materials or products. N/A

Operate automotive equipment such as autos and trucks. N/A

Operate industrials trucks such as forklifts, flat beds, tractors. N/A

Operate overhead cranes and hoists. N/A

Use non-power head tools such as hammers, wrenches, etc. N/A

Use hand power tools. N/A

Set up and operate machine tools such as lathes, milling machines,
saws, etc. N/A

Assemble or disassemble objects. N/A

Determine malfunctioning of units by observing. N/A

Determine nature and location of malfunction. N/A

Perform repair and maintenance of equipment. N/A

Perform a journeyman craft activity. N/A

Make adjustments to obtain specified operating conditions such as
turning valves; switches; moving and setting controls; adjusting
furnaces, pumps; etc. N/A

Control activities of a single processing unit. N/A

Control activities of several processing units. N/A

Operate equipment requiring specialized knowledge of process. N/A

Plan own work activities. N/A

Plan work activities of others. B

Direct work activities of others. B

Coordinate work activities of others. A

Train other workers. B

Work alone. A

Work as a member of a team. C

Work without supervision. A

Work with minimum amount of supervision. B

Work under pressure. B

Work rapidly for long periods. A

Work on several tasks at the same time. C

* Shaded areas are for Human Resources use only

** This description is intended to be only a general outline of major activities. It is expected that the employee performs these and any other activities which may be assigned or which may occur in the normal course of work. This description is not a contract or guarantee of employment.

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