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UGI Corporation
Program Description
Location: King of Prussia, PA, US
Company: UGI Corporation
Power up your career in the dynamic energy industry! UGI Corporation is an international energy distribution and services company that provides superior service in delivering a range of energy products. By operating as a best-in-class service provider, offering a great place to work, serving our communities and delivering value to investors, we aim to positively impact the lives of our shareholders, employees, customers and communities.
UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products and services through our subsidiaries and the company's common stock is a balanced growth and income investment. UGI Corporation has paid common dividends for more than 135 consecutive years.
UGI Corporation is an Equal Opportunity Employer. The company maintains and observes employment policies that do not discriminate against any person because of race, color, sex, sexual orientation, gender identity, national origin, religion, disability, age, ancestry and any other basis prohibited by federal, state or local law. This applies to recruiting, hiring, training, compensation, overtime, job classifications, work assignments, promotions, demotions, layoffs, terminations, transfers, and all other conditions of employment.
Nearest Major Market: Philadelphia, PA
Position Summary
Internal Audit
Internal Audit is an independent function and an integral part in the management if the internal control system. This function conducts a broad comprehensive program of internal auditing including financial, operational, information systems, management advisory and other special projects. The incumbent will perform audits of Company procedures and accounting practices on all levels of corporate activity, while maintaining the confidentiality of all Company information obtained,
SOX
Support the enhancement, oversight and execution of UGI's enterprise-wide internal controls program. Involvement in this program includes 1) UGI Corp-specific responsibilities: maintaining SOX process documentation; working with control owners to assess and optimize control design and operation; evaluating the design and testing the operating effectiveness of SOX controls; identifying, reporting and assisting in the remediation of control deficiencies; and 2) Enterprise-wide responsibilities: communicate and coordinate with BU Controller groups (e.g. BU SOX Liaisons); and interact with external auditors (internal auditors if applicable) as needed. In addition, this individual may assist in providing key project implementation teams across UGI's Family of Companies with risk/control guidance and support.
In addition to a challenging career and competitive compensation, our employees enjoy:
Generous and Family-friendly Health & Welfare Benefits Including:
• Medical, Vision, and Dental Plans
• Optional Health Savings Account
• Optional Dependent Care Savings Account
• Paid Maternity/Paternity Leave
• Prescription Coverage
• Life Insurance
• Disability Insurance
• Work from home policy
• Employee Assistance Program
Additional Benefits Include:
• 401K with a generous company match
• Tuition Reimbursement
• Assistance with Professional Credentialing
• Adoption Assistance
• Pet Insurance
• Referral Bonuses
• Employee Discount Programs
All offers of employment are contingent upon the successful completion of a background check and drug screen, subject to applicable laws and regulations.
Key Duties & Responsibilities:
Audit Project Management
Assists in the planning of audit engagements, including the development of the audit scope, and audit program.
Applies the Internal Audit Methodology and the Standards in performing and/or supervising Staff on walkthrough procedures, testing and documentation within defined timelines, with minimal supervision.
Is able to identify objectives, risks and controls, weaknesses and / or instances of over-control.
Evaluates the adequacy and effectiveness of the internal controls over the audit activities.
Understands the principles of the identification, assessment and management of risk and controls.
Makes recommendations to improve internal control.
Assesses all facts and context related to an exception noted in testing, assures sufficient evidence is documented and is able to identify the root cause and make correlation with other areas of the process, where applicable.
Appropriately documents exceptions which capture the required elements in the Standards in a harmonious and logical flow for incorporation into the audit report.
Writes observations to specified standards including format and style with supervision.
Is able to take into account the fundamental principles and operations of HR, Treasury, Legal and other functional areas to ensure the relevance and appropriateness of audit findings.
Presents audit findings to management to obtain input and appropriate action items.
Other Audit Functions
Assists Manager or Supervisor in performing follow-up with management to verify that appropriate action is taken on all recommendations.
When assigned, coaches and trains Associate and Staff auditors.
Is aware of the resources available and is able to utilize them to obtain the best results. Aids Associate and Staff auditors in applying professional judgment.
Performs external auditor assistance work, including Sarbanes-Oxley Act related testing.
Performs location-based (District) audit procedures, as needed; completing all work papers with accuracy within established timeframes.
Documents all findings and recommendations in a draft report and communicates findings to Management.
Issues audit report within established guidelines.
Performs special projects and other duties as assigned, including due diligence reviews and investigation of fraud allegations.
Tests and evaluates the effectiveness of anti-fraud programs and controls.
SOX
Directly support multiple businesses across the UGI Family of Companies to monitor the proper implementation (if applicable), execution, and documentation of the company's internal control framework ensuring compliance with the Sarbanes-Oxley Act of 2002
Supervise and review the work of the BP SOX Analyst as they document and conclude on the design and operating effectiveness of key internal controls, and identify potential process gaps and improvement opportunities across UGI Corp (holding company's) control environment
Assist in execution to modernize and streamline the existing Business Processes and controls environment across UGI's Family of Companies
Establish effective working relationships and serve as a "change agent"/"subject matter expert" with key internal stakeholders, company management, and internal/external auditors; collaborate with all parties to resolve issues and implement efficient control solutions while maintaining independence and objectivity as a second line of defense
Collaborate with BU SOX Coordinators to support and facilitate execution of UGI's global SOX program
Facilitate quarterly external reporting requirements related to SOX (e.g. Section 302 certification, Related Party disclosure info gathering)
Conduct periodic trainings to promote awareness of internal controls and SOX/audit requirements
Support quarterly reporting to identify and aggregate controls-related issues within scope and report to executive leadership on severity of deficiencies and coordinated remediation plans
Administer the SOX compliance tool (Wdesk), as needed
Perform other duties as assigned
Professionalism and Business Understanding (at all times)
Establishes and maintains effective working relationships within the department, with staff in other departments and the external auditors.
Demonstrates clear understanding of the specific components of the Company's business; utilizes the Audit Supervisor or Manager to understand regulatory, legal and economic issues.
Maintains confidentiality, exhibit respect in interaction, respect information sharing via all communication tools.
Education, Knowledge, Skills & Abilities:
Knowledge, Skills and Abilities:
Understand and apply audit procedures and IIA standards, with minimal supervision
Knowledge of COSO and risk theory
Knowledge of US GAAP, SOX compliance rules (sections 302 and 404 in particular), COSO framework and applicable PCAOB/SEC developments
Proficient at intermediate/advanced level in Excel and working knowledge of MS Office applications
Collaborates and works effectively with different stakeholders and in team
Ability to have a big picture and adapt creative solutions quickly
Good research skills
Understand and comply with business ethics and fraud concepts
Good analytical, interpersonal, oral and written communication skills
Strong organizational skills
Training and mentoring skills
Ability to work independently and in a team environment
Knowledge of computer software packages such as Microsoft Office, including Excel, PowerPoint, Visio and Word.
Can use analysis techniques to identify process gaps, trends, correlations, deviation, and measure the efficiency and effectiveness of Business Processes.
Ability to think creatively in new environments to be able to provide suggestions
Education and Experience
Bachelor's degree in Accounting, Business or related field.
CPA, CIA or CFE are desirable
3 years of risk based auditing experience
Experience with Automated workpapers
