IIA HOUSTON FEBRUARY 2012 · 8 - 10 MONTHLY INSIGHTS IIA 2012 International Conference 7 Job...

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July 2009 AUDIT WIRE IIA HOUSTON FEBRUARY 2012 Page 1 AUDIT WIRE President’s Message 1 Luncheon and Registration 2-4 New Credential Holders 5 New Members 6 3rd Annual Conference 8 - 10 MONTHLY INSIGHTS IIA 2012 International Conference 7 Job Postings 12-14 CAP Update 11 Dear Members, I recently had the pleasure of speaking to two different graduate Accounting classes at the University of Houston. During one class, I talked about the importance of communication in our profession and in the other I gave a presentation regarding the internal audit profession and the IIA (Houston and Global) to the students of the internal audit program. Dr. Michael Newman and Joe Seltz have done a tremen- dous job in creating and developing the internal audit program at UH. Our Chapter provides resources in the way of instructors, advisory council members and financial support. One of the best ways for us to help build the program is to offer internships to students during their graduate studies. The true benefit for Houston based companies and their internal audit departments, is that we have a tremendous source of well-educated talent coming out of the UH program. As you are looking for interns and staff members for your internal audit departments, I highly encourage you to reach out to the UH program through their job fairs and to Dr. Newman for candi- dates. I talked to several students while I was on campus, they are energetic about the profession and what they can bring to an organization. As you have seen from the emails, the registration for the Annual Conference is now open (www.houstoniia.org). As we expect this conference to follow the attendance patterns of our previous conferences, we will limit our attendance to 1,100 people. The quality of topics and speakers makes this a very strong event for our profession and your personal continuing education. I want to take this opportunity to thank Deanna Sullivan and her conference team for the fantastic job they are doing in producing such an outstanding event. I urge you to register you and your colleagues as soon as possi- ble before we begin a waitlist. As always, please contact me or any of the Houston leadership team if we may be of assistance. IIA 70 th Anniversary Trivia: Origins of Internal Auditor Magazine: The Internal Au- ditor journal was first published in 1944, Edward J. Barr was the first editor. Best Wishes, Dan Ramey Houston Chapter President Page 1

Transcript of IIA HOUSTON FEBRUARY 2012 · 8 - 10 MONTHLY INSIGHTS IIA 2012 International Conference 7 Job...

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AUDIT WIRE

President’s Message

1

Luncheon and Registration

2-4

New Credential Holders

5

New Members

6

3rd Annual Conference

8 - 10

MON THLY

INSIGHTS

IIA 2012 International Conference

7

Job Postings 12-14

CAP Update 11

Dear Members, I recently had the pleasure of speaking to two different graduate Accounting classes at the University of Houston. During one class, I talked about the importance of communication in our profession and in the other I gave a presentation regarding the internal audit profession and the IIA (Houston and Global) to the students of the internal audit program. Dr. Michael Newman and Joe Seltz have done a tremen-dous job in creating and developing the internal audit program at UH. Our Chapter provides resources in the way of instructors, advisory council members and financial support. One of the best ways for us to help build the program is to offer internships to students during their graduate studies. The true benefit for Houston based companies and their internal audit departments, is that we have a tremendous source of well-educated talent coming out of the UH program. As you are looking for interns and staff members for your internal audit departments, I highly encourage you to reach out to the UH program through their job fairs and to Dr. Newman for candi-dates. I talked to several students while I was on campus, they are energetic about the profession and what they can bring to an organization. As you have seen from the emails, the registration for the Annual Conference is now open (www.houstoniia.org). As we expect this conference to follow the attendance patterns of our previous conferences, we will limit our attendance to 1,100 people. The quality of topics and speakers makes this a very strong event for our profession and your personal continuing education. I want to take this opportunity to thank Deanna Sullivan and her conference team for the fantastic job they are doing in producing such an outstanding event. I urge you to register you and your colleagues as soon as possi-ble before we begin a waitlist. As always, please contact me or any of the Houston leadership team if we may be of assistance.

IIA 70th Anniversary Trivia: Origins of Internal Auditor Magazine: The Internal Au-ditor journal was first published in 1944, Edward J. Barr was the first editor. Best Wishes,

Dan Ramey Houston Chapter President

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Luncheon Topic and Speaker Information

Topic: Dodd-Frank Act: Whistleblower issues Speakers: David Taylor, Partner at Locke Lord LLP Objective: To update attendees on the latest regulatory developments and best practices relating to the Dodd-Frank Act whistleblower issues. Content: Brief review of current status of law and regulatory developments and identify best practices for accountants and auditors. About the Speaker: David Taylor has more than two decades of experience represent-ing public and private companies, including master limited partnerships, in a broad range of corporate and securities matters, with a strong focus on securities offerings and disclosures, mergers and acquisitions and corporate governance. David’s extensive experience representing issuers, underwriters and selling stockholders includes more than $21 billion of registered public offerings and Rule 144A transactions as well as equity and debt private placements. Additionally, David focuses on mergers and acquisitions – including tender offers and related transactions – across a wide range of industries. He also represents boards of directors of companies in all types of industries regarding their regulatory, fiduciary and other duties, as well as in general corporate governance matters. David serves as a member of the Firm’s Executive Committee and also chairs the Practice Development Committee. He is a former administrative partner of Locke Lord and a former co-chair of the Corporate and Transactional Department. Dave obtained J.D. from the University of Texas School of Law in 1988 and B.A. in Finance from the he University of Texas at Austin in 1985. Learning hours: 1 hr

I IA- HOUSTON CHA PTER

O F F I C E R S 2 0 1 1

PRESIDENT Dan Ramey Pannell, Kerr, & Forster VP ADMINISTRATION Lyn Beaty Halliburton VP COMMUNICATIONS John Harris Experis VP ACADEMIC RELATIONS Rumy Jaleel-Khan Deloitte VP FINANCE Damon Ott Continental Airlines VP SEMINARS Chow Yu Waste Management VP MEMBERSHIP Larry Abston Anadarko SECRETARY Angela Butler UHY Advisors VP TECHNOLOGY Norman Comstock UHY Advisors NEWSLETTER EDITORS

Greg Bone Deloitte Eric Murray Deloitte

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Luncheon Directions and Information

Date Speaker Topic

February 1, 2010 Joe Orin gel (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

Day of Meeting

Registration Begins at 11:30 am

Speaker Begins at Noon

Meeting Location The Houston Club

811 Rusk 713-225-1661

Pricing:

Pre-Registered IIA Member: $30.00

Non-Member/Member Walk-

In $35.00

Valet Parking: $8.00

Upcoming Topics and Speakers Upcoming Topics and Speakers Upcoming Topics and Speakers

Date Topic(s) Speaker(s)

March 5, 2012 Whistleblower Laws & Trend David Taylor (Partner, Locke Lord, LLC)

April 2, 2012 Annual Conference Multiple Tracks will be offered.

May 7 , 2012 Update on the IIA Denny Beran

(IIA Chairman of the Board and Senior VP, Audit – JC Penny)

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Luncheon: Benefits of Pre-Registration

Date Speaker Topic

February 1, 2010 Joe Orin gel (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

As auditors, our schedule can be unpredictable at times and at a last minute’s notice, we could be sent to work on a special assignment somewhere outside of Houston, or even outside of the country. Because of that, you may hesitate to pre-register for an event, just in case your schedule changes. Whenever possible, I would encourage our Chapter members to sign up by Wednesday before each meeting. Here are some good reasons why you should pre-register for the event: 1. Members get a $5 discount if they pre-register for the meeting. In light of our economy and companies’ focus on cost reduction, every $1 counts. 2. Only individuals pre-registered before the cut-off are entered into the drawing. If your name is not in the drawing, your chance of winning is zero. If your name is in, your odds are about 1 to <200 to win, not so bad when compared to other games of luck. 3. Pre-registered members get their certification ribbons on their name tag. You get to show off your achievement. 4. On the day of event, you can check in quicker and save time. Bring your barcode to scan and within seconds, you will be in. You can use the time saved to network with your peers. 5. You can avoid the long line for walk-ins and possibility of miskeying your name or email address and not getting your CPE certificate. Not good when that one credit hour would make a difference. 6. Lastly, you can help make your and other attendees’ experience at the event more pleasant. Right now, headcount has to be estimated to account for walk-ins and committed to the Houston Club two days before each event. Significant unexpected number of walk-ins poses challenges for the facility personnel to serve all attendees timely. We want everyone to be able to sit down, relax, eat and listen to the speaker when the meeting begins.

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Congratulations to our New Credential Holders!

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

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Please join us in congratulating our newest members who have recently obtained certifications!

CIA Kristy Nicole Guerra

Anthony Ramsey Love

Jason Alan Bryant

Brian Ross Barragy

Quynh Thuy Tran

Addie Nickle

Henry Gustavo Bonilla

Brian Legg

Sherrie A. Mattson

Phillip LaFevre

Ryan Chen

Ning Ding

Erick De La Garza

Wanli Dai

Lisa M. Berry

Alexander Tran

Nguyet T Price

Jun Tomioka

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Welcome to Our New Members!!!

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

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We would like to extend a warm welcome to our new members! If you see these people at the monthly luncheon, please be sure to introduce yourself!

Annie Dieu (BMC Software Inc.) Ashley Pergande (Nabors Industries Ltd)

Ava Henry-Chow (CITGO Petroleum Corporation) Brandon Hallam (NCI Building Systems)

Brian Holcombe (FMC Technologies Inc.) Cara Saldivar (University of Texas System)

Christine Anderson Dave Souza (CEVA Logistics)

David McDonough (Cardtronics, Inc.) Diana Woodward (American National Insurance)

Eric Lofton (Rowan Companies Inc.) Erin Neely

Esther Khoo (CEVA Logistics) Funmi Soetan (Marathon Oil Company)

Galina Seliounina (Landry's Restaurants Inc.) Han Wei Tay (CEVA Logistics)

Iva Coulon (ABM Inc.) Jeff Lambert (Murphy Oil Corporation)

Jennifer Windham (McConnell Jones Lanier & Murphy LLP) Jessica Funk (CVR Energy)

John Durgan (CEVA Logistics) Jon Moot (Hercules Offshore)

Kristi Hayes (American National Insurance) Kristin Ramos

Liduina Sia (CEVA Logistics) Mary McCullar

Matt Pagel (ABM Inc.) Nicholas Shaver (Plains All American Pipeline)

Pritesh Patel Stephan Lillie (University of Texas System)

Usha Gollapudi (Pepsico) Walter Cox (Kaneka Corporation)

Wendy Chavez

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IIA 2012 International Conference

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

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The IIA Interna onal Conference is the premier global event for internal auditors to gather, network, and exchange information on the practice of internal auditing. We are expected to welcome 2,500 people from 100 different countries and all 50 states to Boston this July. We are excited about this event and are most confident that it will exceed expectations. We certainly hope that you can share our enthusiasm for the International Conference and ask that you provide information about the conference to your membership at your upcoming Chapter Meetings and also through your website and regular email communications. Conference information and registration is available at www.iia2012ic.org. Hotel rooms and space is filling up quickly. Register before February 29 and take advantage of a $600 savings when you sign up for a hotel room at time of registration. For marketing materials and the conference’s promotional Toolkit, please look in the right-hand col-umn of the Chapter Leader Information and Resources Page on the IIA’s website. Hope to see you in Boston this July!! This year’s conference will feature: • Unforgettable keynote speakers are respected subject-matter experts with a proven track-

record when it comes to exceptional presentation skills. • 11 educational tracks (CAEs and Audit Management; Financial Services Auditing; Emerging

Global Issue; Anti-fraud and Ethics; Small Audit Shops; Information Technology; GRC; Tools and Techniques; Professional Development; Public Sector and Non-profit; and CIA Exam Review)

• A program that offers up to 18 CPEs but attendees can earn even more credits by attending a pre conference session on Sunday.

• Seven hours of social networking during the Welcome Reception, Breaks, Lunches, and Gala Evening.

• One of the largest exhibit halls in the audit profession with more than 8 hours in the conference schedule to interact with such exhibitors as ACL, CCH TeamMate, Crowe Horwath, Deloitte, Ernst & Young, Experis, Grant Thornton, KPMG, MetricStream, Pentana, Pricewater-houseCoopers, Protiviti, Thomson Reuters, and many others.

• The largest on-site IIA Bookstore with scheduled book signings by keynote and concurrent session speakers.

• Fantastic social delegate tours and sightseeing opportunities within “the walking city” for dele-gates either before or after the conference.

• An opportunity to arrive early and participate in Boston Harborfest 2012– a Fourth of July Festival that includes the Boston Pops Fireworks Spectacular (www.july4th.org) known as America’s premier Independence Day Celebration.

Thank you in advance for your time and assistance. Please let me know if you have any questions or if you would like to discuss it further over the phone, will be happy to call you. Elena Ceberio KPMG Director, Advisory Services phone: (617) 988-5779 [email protected]

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Houston IIA 3rd Annual Conference

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

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This event was a sell-out last year so plan to register early. All early registrants will be eligible to win two First Class domestic roundtrip tickets on United Airlines. (Payment must be received by February 6, 2012, to be included in the drawing.) Highlights • 8 hours of CPE with 20 break-out sessions • Continental breakfast, lunch, and a post conference networking reception • Vendor booths and an opportunity to network with conference sponsors • IIA Bookstore and discounts for conference participants Registration Website: http://www.cvent.com/d/qcq9bl

Additional Registration Information • Groups of five or more from the same organization receive a discount of $25 off per person. • In order to receive the group discount, groups of five or more have to sign up in one registration • Please refer to the registration website for more information on other discounts, cancellations and substitutions. CPE information • There are no prerequisites for the sessions at the conference. • Please note that you must sign in at the conference to receive CPE credit. • You will receive CPE credit for each session you attend. The credits are issued as follows:

morning general session: 1.4 credits, luncheon general session: 1 credit, and each breakout session: 1.4 credits.

• A CPE certificate will be emailed to you within two weeks after the conference ends.

Registration Fees

On or before 2/6/12

2/7/12 – 3/16/12

IIA Member $250 $300

Non-member $350 $400

IIA Members who are educators, retirees, full-time students, or unemployed

$150 $200

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Houston IIA 3rd Annual Conference

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

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Keynote Speakers We have two dynamic keynote speakers from Fortune 500 companies providing their tips for success. The general session address will be by Larry Harrington, Chairman of the North American Board of the IIA and VP of Internal Audit at Raytheon Company. The luncheon session address will be by Carolyn Saint, VP of Internal Audit at Lowe’s.

Lawrence J Harrington, CIA, CPA Vice President Internal Audit Raytheon Company, Waltham MA

Larry Harrington has more than 25 years of experience in auditing and finance. Larry is Vice Presi-dent of Internal Audit for Raytheon Company, a Fortune 200 Aerospace and Defense contractor with revenues in excess of $25 Billion. Raytheon is a technology leader specializing in defense, home-land security and other markets throughout the world. Larry started his career in public accounting and has since held a wide range of positions within retail, financial services, insurance, manufacturing and technology. He has served as Vice Presi-dent of Finance, Vice President of Human Resources, and Vice President of Operations, as well as Chief Audit Executive for several Fortune 200 companies during his career. Currently, Larry is a board member of The IIA's International Board of Directors, as well as Chair-man of The IIA's North American Board of Directors. He is an active member of the Audit Directors Roundtable, the Open Compliance and Ethics Group and several Chief Audit Executive Roundtables.

Carolyn D. Saint Vice President, Internal Audit Lowe’s

As Lowe’s Vice President of Internal Audit, Carolyn Saint is responsible for the company’s risk-based internal audit plan. Saint joined Lowe’s in 2006. In addition to Lowe’s, her retail experience includes leading the audit functions of Sears Holdings Corporation and Kmart. Saint spent 9 years at Deloitte & Touché where she served both attest and internal audit clients in the manufacturing and consumer products industries. Saint is a CPA and a CIA; she holds a bachelor’s degree in political science from the University of Pittsburgh and a master’s degree in professional accountancy from Walsh College. She is a member of the IIA’s North American and Global Boards of Directors.

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Houston IIA 3rd Annual Conference

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

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Conference Schedule

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Chapter Achievement Points (CAP)!

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

Our success as a Chapter is measured through the Chapter Achievement Program and CAP points are earned for our accomplishments in three areas: Service to Members, Service to the Profession, and Chapter Administration. Our goal is nothing short of the highest level: Gold! We have maintained this highest level of achievement for over 10 years, making us a Platinum level Chapter. We are four months into our 2011-2012 chapter level and we are 43% of the way to achieving our goal with 670 points.

How Do We Get CAP Points? We get CAP points for providing services to our members. For example, this includes the educational offerings for our members as well as social events. We also get CAP points for providing services to the profession. This comes from having members of our Chapter submitting articles to the Internal Auditor Magazine, supporting our local universities, and making presentations on the subject of internal audit, just to name a few examples. We also get CAP points for properly administering the chapter activities. What Can You Do? First, keep participating in all of the educational events we provide – from the luncheons to the seminars to the roundtable discussions. You can also help by letting us know when you:

• Speak about the profession to others outside of your company • Submit exam questions for the CIA exam • Participate in an IIA-sponsored Quality Review • Participate in IIA research projects • Participate in Junior Achievement • Submit an article to the Internal Auditor (extra points for getting published!!!)

These are just a few examples. Do your part in helping us maintain our premier standing as an IIA Chapter. Email Faye Stallings at [email protected] with the details of your accomplishments. If you have any questions about whether or not something you do may earn the Chapter CAP points, just ask Faye. What Else Can I Do? Want to get more involved? Contact Chapter President Dan Ramey to see other opportunities for involvement. Thanks for your help!

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Senior Auditor - Targa Resources

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

Background: Targa Resources (Targa) is a leading provider of midstream natural gas and NGL services in the United States. We own and operate approximately 12,090 miles of natural gas and NGL pipelines, with natural gas gathering systems covering approximately 14,400 square miles and 21 natural gas processing plants located primarily in the Permian Basin, Texas, New Mexico and Louisiana regions. Position Summary: • Reporting to the Senior Director – the position will evaluate financial data, internal controls,

department procedures, and compliance with regulatory rules and company policies • The outcomes of these evaluations will be communicated through reports and recommended

actions to the Director – Financial Projects and Controls • Manage and executes audits, the results of which will help the business manage strategic risks,

improve or develop efficient and effective business processes, identify and communicate best practices, and foster appropriate control levels for business and financial risks

• Develop detailed audit programs to monitor internal controls and provide reports, as required, by various regulatory bodies

Minimum Essential Qualifications: • CPA, CIA and/or MBA with 8+ years business experience, including auditing and/or consulting experience • Excellent verbal and written communication skills • SOX experience - Knowledge of SOX 404, SOX 302 • Financial Skills, Analyzing Information, Operations Research, Process Improvement, Reporting

Research Results, and Managing Processes • Ability to travel (up to 20%) • Supervisory or management experience – Lead Auditor on internal audits, professional references,

examples of written communication skills Targa offers a very competitive compensation and benefits package. Targa Resources is an Equal Opportunity Employer. To apply please go to http://www.targaresources.com/careers.html Please note – Relocation assistance will not be provided for this position. We thank all respondents for their interest in Targa. However, only those selected for an interview will be contacted. No Phone calls please. Placement agencies or recruiters need not respond. We are proud to be an EEO/AA employer M/F/D/V.

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IS Auditor - American National Insurance Company

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

Background: Chartered in 1905, American National Insurance Company has evolved into an industry leader, ranking among the largest of life insurance companies in the United States. Directly and through subsidiaries, the company offers a broad line of insurance products and services, including life insur-ance, annuities, health insurance, property and casualty, credit insurance, and pension plan services. For over 100 years, American National Insurance Company has been a leader and innovator in the insurance industry and is one of the most respected and financially sound insurers in the United States. If you are seeking a position with a stable yet growing company and endless opportunity for career progression, American National is the place to be. Position Summary: This position will be responsible for auditing the various operations of American National, its affiliates, investments and other ventures. Minimum Essential Qualifications: • Candidates must have a Bachelors degree (or higher) in a business-oriented major or in an

Information Systems oriented major • CISA certification (a plus) and a minimum of 2 years of recent auditing/information systems experience ( Big 4 a plus) is required • Knowledge and experience should include general and conceptual knowledge of information

systems auditing • Proficient with PC applications including the Microsoft Office suite • Must be cognizant of internal controls and confidently question the validity of data • Must possess the ability to relate to and interact with various personalities at all levels and possess strong oral and written communication skills • Must project a professional image EOE

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Senior Internal Auditor - Westlake Chemical Corporation

Date Speaker Topic

February 1, 2010 Joe el (Visual Risk IQ) Continuous Auditing

March 1, 2010 Jeff Gardner (PWC) Sustainability: What is Internal Audit’s Role?

Background: Westlake Chemical Corporation (NYSE: WLK) is a vertically integrated manufacturer and marketer of basic chemicals, vinyls, polymers and fabricated PVC building products with annual revenue of $3.5 billion. Our products include some of the most widely used chemicals in the world, which are fundamental to many diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, residential and commercial construction as well as other durable and non-durable goods. We have an opportunity for a Senior Internal Auditor, based at our Galleria-area headquarters. Position Summary: • Analyze and document financial and operational processes and business controls • Analyze financial and operational processes and related business controls. Identify key business

risks and develop a risk-based audit plan • Evaluate governance processes and structures that monitor the activities of the company. Evaluate

actions taken by management to manage risk • Validate the effectiveness of business process controls and performance measures • Make recommendations to improve the performance and efficiency of internal controls in financial

and operational processes • Document audit tests and findings clearly • Apply key information systems control concepts and identify key information technology risks and

controls • Communicate findings to business unit management and the Director Internal Audit. • Monitor the implementation of audit recommendations Minimum Essential Qualifications: • Knowledge of internal audit professional standards, COSO and Sarbanes-Oxley • Understanding of internal control concepts and experience in applying them to evaluate business

processes • Ability to analyze and evaluate data, synthesize issues and develop solutions • Ability to communicate clearly and effectively, both orally and in writing, including the ability to con-

duct effective interviews • Ability to work with limited direction and guidance, and provide appropriate direction to other internal

audit project team members. Work as part of a team with audit management for more complex as-signments

• Strong analytical skills and sound judgment required • SAP experience is a plus • Bachelor’s degree in accounting, finance or engineering required • Minimum 3 years experience in internal audit, public accounting, consulting, finance or combination. • Petrochemicals, oil & gas or manufacturing experience preferred • Professional certification (CIA, CPA, CFE or equivalent) or demonstrated progress is required. • Ability to travel domestically up to 30% of the time For more information about Westlake, go to www.westlake.com or contact Elizabeth Smith, Human Re-sources Representative, at 713.585.2998, [email protected] Apply online at: https://tbe.taleo.net/NA5/ats/careers/requisition.jsp?org=WESTLAKECHEM&cws=1&rid=229

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