Independent Living Systems, LLC (ILS), with its subsidiary companies, is an innovative and growing Medicaid and Medicare health plan, management services organization, third-party administrator, and long-term care services provider. We are seeking a motivated Internal Audit Coordinator to join our compliance team in conducting an enterprise risk analysis, developing an annual audit plan, and initiating internal audits of components and functions within ILS. This position will report directly to our Vice President of Compliance.

This is not an entry level position, and some audit or regulatory experience is required. The selected candidate will find that we strive to build paths that encourage employees to stretch themselves professionally. The audit coordinator’s position is a great opportunity to become an integral team member of a growing and thriving company while also using your critical thinking skills to identify corporate deficiencies and work collaboratively to develop recommendations for performance improvement. The ideal candidate will have the drive to independently see complex projects through to completion while maintaining the flexibility to succeed in a dynamic multi-cultural environment. We are seeking candidates with interest in internal auditing, regulatory compliance, financial investigations, risk management, and making a meaningful contribution to combatting escalating health care costs.

The Internal Audit Coordinator plays a critical role within ILS, responsible for conducting comprehensive risk assessments and risk-based audits annually. This role ensures that internal controls are effectively designed and operating, and that risks are appropriately managed across the organization. The Internal Audit Coordinator will support the development, execution, and enhancement of the internal audit plan, ensuring compliance with regulatory requirements, company policies, and industry standards., This is a full-time position and core hours of work and days of work are Monday through Friday, 8:30 a.m. to 5:30 p.m. Additionally, this position may require occasional long hours and weekend work.

The incumbent in this position, under moderate supervision and with assistance of the Vice President of Compliance will have the following responsibilities related to the enterprise’s annual risk assessment:

• Will lead the annual risk assessment process, identifying, assessing, and prioritizing risks across the organization.
• Will collaborate with key stakeholders to understand emerging risks, changes in the business environment, and their impact on the risk profile.
• Develop a risk assessment report summarizing key risks and presenting the risk assessment report to senior management and the audit committee.

The incumbent will also have the following responsibilities related to conducting risk-based audits:

• Incumbent will plan, design, and execute risk-based audits that focus on high-risk areas identified during the risk assessment process.
• Incumbent will develop audit programs, procedures, and schedules to ensure thorough examination and evaluation of internal controls.
• Incumbent will perform audits of financial, operational, and compliance processes to assess effectiveness, identify performance gaps, and recommend improvements in collaboration with operational management.

Regarding specific audit duties, the incumbent will be expected to perform the following with minimal supervision:

• Lead the development and maintenance of the internal audit plan, ensuring alignment with organizational objectives and risk priorities.
• Monitor the implementation of audit recommendations and follow-up on corrective actions to ensure timely resolution.
• Collaborate with external auditors, providing necessary support and information during external audits and reviews.
• Stay current on industry trends, best practices, and regulatory changes to ensure audits remain relevant and effective.
• Assist in special projects, investigations, and other duties as assigned by the VP of Compliance.

• Building and maintaining strong relationships with internal and external stakeholders, fostering a culture of risk awareness and control consciousness.
• Providing guidance and support to departments in developing effective internal controls and risk management practices.
• Communicating audit results and risk assessment findings clearly and effectively to senior management and the ILS Audit Committee.

Professional Qualifications:

• Knowledge of Treadway Commission’s COSO ERM framework, and knowledge of risk assessment procedures.
• Knowledge of general standards, fieldwork, and reporting components related to performance audits and methods and techniques of operational auditing.
• Knowledge of principles and practices of fraud analysis and prevention.
• Knowledge of statistical methods and techniques of research.
• Knowledge of HIPAA controls.
• Two years of applicable auditing or regulatory compliance experience.
• Highly professional with superior verbal and written communications skills.
• Highly proficient in MS Office, including MS Word, PowerPoint, and Excel
• Team attitude – no challenge is too big or task too small.
• Successful when working in environments where you need to “roll-up your sleeves” and own outcomes.
• Not intimidated by working in a fast-paced, entrepreneurial team environment.
• Excellent judgment and attention to detail.
• Ability to handle sensitive and confidential information professionally.
• Not overwhelmed by ambiguity or handling multiple matters at once.
• Can quickly shift from one situation or task to another.
• Certification as a Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or other relevant certifications are preferred.
• Bachelor’s degree from an accredited institution with 2 years of auditing or regulatory compliance experience, or an associate’s degree with 3 or more years of auditing experience, preferred