Audit Associate

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Job description

Overview

The Internal Audit Associate will support internal audit and compliance functions across MHS. The Audit Associate is expected to conduct independent internal and compliance audits and projects including but not limited to documentation which supports operational, financial, coding, billing, and reimbursement activities throughout the Health System. Complete audits to ensure accuracy and compliance with Health System policies, third party payer contracts and government regulations. Work with all employees of MHS to enhance the efficiency/effectiveness of the operational, compliance and billing processes at all MHS Affiliates. Embodies the Memorial Health System Performance Excellence Standards of Safety, Quality, Integrity and Stewardship that support our mission, vision and values.

Qualifications

Education:

* Bachelor of Science degree in Accounting, Finance or Healthcare-related area required.

Licensure/Certification/Registry:

* Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Certified in Healthcare Compliance (CHC) required or obtain within two years of employment.

Experience:

* Minimum of two (2) years work experience in compliance, internal audit, accounting or public accounting required. Experience in the healthcare industry preferred.
* Skills including effective time management skills to set/reset priorities accordingly.

Other Knowledge/Skills/Abilities:

* Experience working with all staff levels, including physicians preferred.
* Outstanding interpersonal and written communication skills.
* Strong conceptual, analytical, communication and interpersonal skills required.
* Computer experience in Excel, Outlook, Work, PowerPoint, and presentation skills required.
* High degree of organization.

Responsibilities

Develops and maintains productive relationships with medical staff members, employees and management of MHS, which allows for accomplishing the desired goals and objectives of MHS. (E)

Identifies and evaluates the organization's risk areas and assists with the annual risk assessment process and development of the Audit Plan. (E)

Plans, develops audit programs, and performs operational and financial audits included in the Audit Plan approved by the MHS Finance and Audit Committee. (E)

Gains an understanding of business processes and evaluate potential risks during audit planning.

Documents sample selections and audit procedures performed. Maintain organized audit files and retain appropriate documentation to support test work, decisions and action plans. (E)

Prepares audit reports for distribution to the audit manager which completely, concisely and accurately describe the audit subject, audit objectives, procedures performed and results achieved and recommendations for improvement. Uses acceptable grammar and style. (E)

Works with clinical and non-clinical areas to develop action plans to address opportunities identified during audits and other projects. (E)

Monitors and reports the progress of action plan implementation after completion of the audit/project. (E)

Performs special projects as assigned by the audit manager, VP or System Director of Internal Audit and Compliance. (E)

Interacts with all department managers in order to conduct audits and projects in an effective and timely manner. (E)

Provides guidance to management in the development and implementation of new and revised internal control procedures as appropriate. (E)

Works cooperatively with other Internal Audit and Compliance Department colleagues to perform audits in the same department when appropriate. (E)

Monitors current developments in accounting, auditing and the healthcare industry relevant to affiliated corporations (home health, third party reimbursement, etc.).

Maintains working knowledge of computer systems for affiliates that are necessary for job duties. (E)

Remains current on healthcare compliance and federal legislative changes which affect healthcare compliance through research and educational seminars. (E)

Interacts with MHS personnel in order to minimize disruption to operations while at the same time performing the audit/project in an effective manner. (E)

Develops innovative, cost-effective recommendations to address deficiencies noted by audits. (E)

Participates on MHS committees/work groups/task forces as an ad-hoc member as assigned by the Vice-President of Internal Audit and Compliance. (E)

Maintains certification and meets any licensing requirements on an on-going basis. (E)

Maintains an impartial, objective attitude in both fact and appearance. (E)

Completes all other projects and duties assigned by the audit manager, the Director or Vice President and not described in this document. (E)

Performs or assists with financial and operational audits. Including but not limited to, credit cards, travel and entertainment expenses, and physician time keeping.

Performs other related work as required or requested.

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job. Incumbents may be requested to perform tasks other than those specifically presented in this description.