Cobb EMC has an exciting opportunity for a Vice President, Internal Audit and Complaince to lead the internal audit function for Cobb EMC. To review, evaluate, and improve internal control, risk management, compliance and governance processes within the organization. To oversee a corporate compliance program that monitors compliance by the Board of Directors, management and employees with regulatory requirements, company by-laws and policies, and provides independent compliance assessments to management and the Board of Directors.

Schedule: Monday- Friday 8am-5pm (this position is in the office 5 days/week)

Benefits:  

• Company paid Health Insurance Premiums!
• Insurance is effective your first day of employment
• Retirement Security Pension plan!
• Automatic 7% Company paid contribution to 401k with additional matching!
• Annual Bonus Program!
• Tuition and Certification reimbursement!
• Learn more HERE

To learn more about Cobb EMC visit our website at www.cobbemc.com

What you will be doing:

Compliance

• Establish processes to monitor compliance programs throughout Cobb EMC to confirm that they are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable regulations, and that detected noncompliance incidents are reported to regulators as required.
• Maintain and monitor schedules of Board policy requirements and coordinate with senior management to ensure requirements are satisfied.
• Manage process to obtain annual conflict of interest disclosure forms from Board of Directors and key employees.
• Maintain relationships with managers responsible for compliance within their division or department and develop systems for coordination and communication of compliance activities.
• Keep informed of applicable laws and regulations and industry changes affecting Cobb EMC.
• Identify potential areas of compliance risk and incorporate compliance assessments into the internal audit risk assessment and work plan process.
•  Periodically verify that the system for uniform handling of alleged compliance violations is effective.
• Consult with legal counsel or external consultants as needed to resolve difficult compliance matters.
• Coordinate with the Human Resources Department and others as appropriate, to deliver an effective compliance training and education program, including heightened awareness of the Whistleblower Hotline, Code of Conduct and core values, understanding of compliance obligations and supporting policies and procedures
• Provide reports of the results of this corporate compliance program to the Audit Committee and senior management.
• Monitor and enhance the performance of this corporate compliance program on a continuing basis.

Internal Audit

• Lead the internal audit function in accordance with the Board-approved Internal Audit Charter and lead the internal audit function for subsidiary Gas South in accordance with the subordinate Management Committee-approved Internal Audit Charter.
• Prepare the internal audit work plan, based on a risk assessment process which includes input from the corporate compliance program.
• Ensure internal audits and consulting engagements are conducted in accordance with IIA Standards to evaluate and improve Cobb EMC’s internal control, risk management and governance processes.
• Establish and manage a continuous auditing program for fraud risks.
• Create and maintain current and accurate corporate internal audit departmental procedures.
• Ensure audit findings consider criteria, condition, cause, and effect, and result in actionable recommendations to management to address the findings. Support policy changes as appropriate.
• Prepare or review a summary of audit findings and report these findings and recommendations to management personnel and the Audit Committee.
• Effectively maintain documentation of audits and audit work papers to include procedures used, evidence reviewed, completed reports, and correspondence related to such reports.
• Monitor audit findings and recommendations, including any by outside auditors, to assess if they are implemented by management in a timely manner.
• Develop and execute a quality assurance and improvement program for the internal audit function.
• Monitor and validate as needed the key financial ratios or other performance indicators for Cobb EMC.
• Meet periodically with the Audit Committee of the Board of Directors and the Gas South Management Committee in executive session.
• Provide periodic training or education to staff and management to foster risk and controls awareness.                                                                                                                                                                                                                                                                                                                                                                                                                                

Budget

• Prepare and submit annual division budget and work plan and monitor budget expenditures.
• Explain budget variances.

Supervision

• Handle all aspects of employment for subordinate staff, including hiring, promotion, training, and termination.
• Appropriately document actions in employment issues.
• Coach and direct learning through direct involvement and reinforcement.
• Analyze and manage daily workload and schedules.
• Monitor performance and conduct performance planning and review sessions.
• Ensure fair and consistent treatment of departmental employees.
• Actively support the efforts and intent of Equal Employment Opportunity.

Minimum Requirements: 

Bachelor’s Degree in Accounting, Business Administration or related field.

Valid Certified Internal Auditor (CIA) or Certified Information Systems Auditor (CISA) certification.

Minimum 10 years’ experience with utility internal auditing or compliance including 3 years in a leadership capacity, OR ten years of experience in operational, financial, or compliance audits with a CIA or CISA certification including 5 years in a leadership capacity, OR a master’s degree with 6 years of experience in operational, financial, or compliance audits with a CIA or CISA certification including 3 years in a leadership capacity. 

Knowledge of the Institute of Internal Auditors Standards and COSO and COBIT frameworks.

Knowledge of electric utility risk management or compliance programs.

Working knowledge of FERC accounting methods and cost accounting.

SKILLS:

Proficient personal computer skills including spreadsheet and word processing software.

Excellent analytical skills: ability to study trends in the operation of the Corporation and recommend improvements.

Excellent interpersonal, organizing, and planning skills.

Demonstrated leadership ability.

Excellent oral and written communication skills.

Effective presentation and public speaking skills.

Familiarity with electric utility regulations and standards.

Possess valid Georgia driver’s license

PREFERRED:

MBA in Accounting, Business Administration or related field a plus.

Previous utility industry experience.

Experience with PowerBI or other auditing or data analytics software.

Experience with ERP systems or other similar corporate software.

Experience writing internal audit procedures and reports.

Experience with reading and applying regulatory standards.

CORE Values:

Put People First

Care, listen and connect. Think team, not self. Respect and value differences. 

Stay Safe

No shortcuts. See the big picture, no tunnel vision. Look out for each other

Innovate

Embrace change. Think big and bold. Be part of the solution. 

Own It

Own your attitude, actions and words. Find a way. No BCD. Never stop learning. 

EOE/Disability/Vets/Drug-Free Workplace