Job Description

The primary purpose for this position is to assist in the execution of the Internal Audit program in accordance with the Generally Accepted Auditing Standards for the Tennessee Education Lottery Corporation (TEL).  This position will report to the Vice President of Internal Controls and will assist in providing the Board of Directors, the Audit Committee, as well as management, with objective analysis that adequate internal controls are in place to provide integrity and accountability in the operation of the Lottery.

Required Education

Bachelor’s Degree in Accounting or other related program required or any equivalent combination of education, training, and experience, which provides the essential knowledge, skills, and abilities for this job, may be substituted for required educational degree. Pursuing Certification or Certified as a CPA, CIA, CISA or CFE is a plus.

One to two years of full-time experience in auditing, accounting, business analysis or program evaluation is a plus.

Required Experience

• May Have knowledge of internal auditing and accounting principles and practices, including generally accepted audit standards and knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors.
• May Have knowledge of management information systems terminology, concepts and practices.
• Must have the skill to collect and analyze complex data, evaluate information and systems and draw logical conclusions pertaining to exceptions, risks and controls.
• Must have the skill to assess the effectiveness of internal controls over key risk areas
• Must have exceptional verbal and written communication skills
• Must be able to travel intra-state using company vehicle; maintain a valid Tennessee Driver’s license at all times.

Salary Range

Responsibilities

The following duties are normal for this job and should not be construed as exclusive or all-inclusive.  Other duties may be required and assigned.

• Assist in identifying and evaluating the Lottery’s risk areas and provide input to the development of the Annual Audit Plan
• Perform audit procedures such as data gathering, data review and analysis, document review, verification and criteria development
• Assist in communicating results of audit and projects via written reports, outlining compliance with procedures, weaknesses of procedures as well as recommendations for improvement in policies and procedures and /or operational efficiencies
• Analyze and recommend processes to protect the TEL’s assets and to prevent and detect fraud and abuse in TEL operations
• Assist with scheduling the draw audits which utilize the random number generator or other similar automated system, required to attain the coverage level defined in the annual audit plan
• Conduct the draw audits described above including those draws conducted after normal working hours: e.g. nights, weekends, holidays, etc.
• Assist in reviewing all drawing activities including those performed by third party vendors. Audit drawing results and prize fulfillment performed by Lottery and vendor staffs.
• Prepare documentation of problems or discrepancies identified and corrective actions recommended as a result of internal and external audits; track progress of corrective action plans.
• Assist with the investigation of complaints made to the Board of Directors email address and report the results back to the Audit Committee and Senior Management
• Assist with the design and implementation of internal control questionnaires and surveys, as needed
• Provide input to the internal auditing policy and procedures setting forth the guidelines for performance of audit work
• Pursue professional development opportunities to stay abreast of accounting and auditing standards, and share information gained with the department staff