SVP Internal Auditor

COMPANY PROFILE:

AgTexas Farm Credit Services serves and supports approximately 2,600 member/borrowers in areas of lending, insurance sales, appraisal, and/or leasing. Eleven office locations can be found throughout the Association's 43-county trade territory, and the association has an average volume of approximately $2.7 billion. The lending portfolio consists of cotton, livestock, dairy, feed grains, real estate, and ag-related business loans. Additionally, the association territory provides diversity in production and mortgage loans as well as commodities financed. Without strong financial backing farmers and ranchers will not survive, and people will not have food to eat or clothes to wear. AgTexas provides reliable credit and crop insurance to our member-owners, so they can feed and clothe the world.

POSITION:

The SVP Internal Auditor position is located in any AgTexas office, or remote and within 150 miles of an AgTexas office location, with a salary that is negotiable, depending upon experience. This position works in conjunction with the Audit Committee and the Board of Directors to develop and implement audit plans for operational, accounting, financial, and regulatory compliance for the Association.

*AgTexas, at its sole discretion, may offer this position with a different title based upon the qualifications of the candidate.

MINIMUM EDUCATION AND EXPERIENCE:

Bachelors' degree in accounting, business, finance, or a related discipline and ten (10) or more years' experience in financial auditing or internal auditing with emphasis on the financial services industry. CPA and/or CIA certification preferred. Excellent communication and leadership skills.

SKILL REQUIREMENTS:

The ideal candidate for this position would possess specialized knowledge of accounting and financial systems, principles, and accounting internal controls and industry standard internal audit practices. Should have skill in oral and written communication, intermediate to advanced level skill in Microsoft Office applications, and the ability to perform intermediate to advanced level accounting and audit analyses under limited supervision.

KEY RESPONSIBILITES:

• Establishes overall direction for the association's internal audit function including policies, procedures, audit scopes and reporting. Assures compliance with FCA regulations pertaining to internal audit. Prepares and controls an annual operating budget for Internal Audit.
• Selects, trains, develops, motivates, evaluates and manages internal audit staff.
• Develops, maintains, and refines an internal audit schedule for the association with approval of the audit committee. Furnishes audit results to the Audit Committee, Executive Committee, and other levels of management as appropriate.
• Keeps the Chief Executive Officer, Board of Directors, and Audit Committee informed of progress and activities for the internal audit function. Provides regular audit and review reports, periodic informational reports, and quarterly reporting to the Executive Committee and Audit Committee.
• Acts as a liaison with external auditors as required by providing staff assistance in gathering information for external audit activity.
• Evaluates management efforts to address regulatory compliance with a reporting function to the board of directors. Facilitates the work of the Board of Directors through daily contact with operating groups of the association engaged in efforts to achieve compliance with FCA requirements and Internal Audit recommendations that are considered necessary for safe and sound operations.
• Analyzes deficiencies and criticisms noted in any FCA report of examination to determine whether each is based upon an accurate understanding of facts. In cooperation with the relevant officials, establishes corrective programs and time frames for achieving correction. Establishes a liaison with FCA examiners to ensure that material deficiencies are reported in due course to appropriate parties and corrective action is undertaken in accordance with established timeframes.
• Reports to the board on the accuracy of significant criticisms, proposed corrective actions and their adequacy, unresolved issues and programs of correction, exceptions to corrective time frames previously reported, conditions that will delay or prevent results sought, and other pertinent facts and information resulting from FCA examinations.

WORKING RELATIONSHIPS:

Frequent interaction with association departmental staff and management. Frequent interaction with audit committee members and other board members. Occasional interaction with Farm Credit Bank of Texas staff. Occasional interaction with area professionals including real estate agents, commercial bankers, and others who deal with the association in the normal course of business.

EOE/AA/M/F/D/V

AgTexas FCS is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, national origin, protected veteran status, sexual orientation, gender identity or genetic information.

Persons with disabilities who require an accommodation to complete the application process should call our Lubbock office at (806) 745-4575 and ask to speak to one of our HR representatives to request accommodation in the application process.