Internal Auditor

Company: Unitil Service Corporation
Location: Hampton
Posted on: May 1, 2025

Job Description:

Our Company

If you are interested in applying for this job, please make sure you meet the following requirements as listed below.

More than a utility company, Unitil provides energy for life.

Our work helps keep homes comfortable, businesses thriving and communities connected. Unitil is an investor-owned public utility proudly serving Maine, Massachusetts and New Hampshire. We are dedicated to delivering energy to our customers safely and reliably.

Unitil is committed to creating an inclusive environment that welcomes and values the differences among all of our employees, customers, suppliers and the communities in which we live and conduct business. The continued success of Unitil is enhanced through initiatives that promote diversity and value our employees.

Take advantage of a comprehensive benefits package.

Unitil offers competitive salaries, a consumer-driven health plan, dental and vision coverage, flexible work, company-paid holidays, a, robust, highly competitive retirement plan and educational assistance.

*Note: Benefit offerings may differ between union and non-union employee groups

Position Purpose

Until Corporation's Internal Audit Function

Unitil Corporation (Unitil or the Company) is a public utility holding company. Unitil and its subsidiaries are subject to regulation as a holding company system by the Federal Energy Regulatory Commission under the Energy Policy Act of 2005. The following companies are wholly-owned subsidiaries of Unitil:

Regulated subsidiaries include Unitil Energy Systems, Inc.; Fitchburg Gas and Electric Light Company; Northern Utilities, Inc.; Bangor Natural Gas Company; Granite State Gas Transmission, Inc.; Unitil Power Corp.; and Unitil Service Corp.
Unregulated subsidiaries include Unitil Realty Corp. and Unitil Resources, Inc.

The Company has regulated distribution and transmission operations in three states and is subject to regulation by utility departments and utility commissions in those states as well as federal regulatory agencies.

Internal audit responsibilities primarily involve evaluating the Company's internal controls, risk management, and external reporting processes to ensure compliance and accuracy.

The internal audit team is charged with assessing the effectiveness of internal controls, examining Company records, and investigating potential discrepancies or deficiencies. Internal audit also advises on process improvements and recommends changes to mitigate risks and enhance efficiency. The internal audit team's primary responsibilities include:

Evaluating internal controls, including assessing the effectiveness of internal controls, including financial controls, operational controls, and risk management systems
Assessing compliance, including compliance with relevant laws, regulations, and internal policies
Financial reporting and accuracy, including verifying the accuracy and reliability of financial reporting, including financial statements
Risk management, including assessing and evaluating the organization's risks, including financial, operational, and compliance risks
Process improvement, including identifying opportunities for process improvement and efficiency gains
Communication and reporting, including communicating audit findings, recommendations, and concerns to management and relevant stakeholders

The internal auditor is a key member of the internal audit team and works across the Company to ensure compliance with policies, controls, reporting standards, and regulations. This role is a high-profile role within the Company that requires strong technical and communication skills.

Principal Responsibilities

Time %

End Results

80%

Internal Audits

Conduct process walkthroughs and execute design assessments of internal controls, including the evaluation of COSO components
Execute operating effectiveness assessments of internal controls, including the assessment of management's response to any identified deficiencies
Work closely with process owners to ensure corrective actions plans are in place to remediate gaps or deficiencies
Prepare audit workpapers and memoranda that are thorough, accurate, and complete
Prepare written reports that clearly communicate audit findings
Perform, and assist in planning, internal audits and provide input and direction for the annual audit plan
Ensure that the organization is complying with internal policies as well as relevant laws, regulations, and statutes
Provide input and recommendations on ways to improve internal controls and governance processes

10%

Special Projects

- Participate in cross-functional project teams and perform special reviews and/or research as requested by the Manager, Internal Audit and Controls

5%

External / Regulatory Audits

- Develop and maintain professional working relationships with the auditors from the independent registered public accounting firms and regulatory agencies (e.g., New Hampshire Public Utilities Commission (NHPUC), Federal Energy Regulatory Commission (FERC), and other groups) to facilitate efficient audits and resolution of any matters
- Coordinate audit planning and audit / information requests

5%

Professional Development

- Obtain an appropriate level of training and/or continuing education to ensure the continued quality of internal audits



Qualifications

Bachelor's Degree in Accounting or related field of study
Minimum of 2-4 years internal audit experience or equivalent; experience in a publicly traded and/or regulated company environment preferred
CPA, CIA, or candidate for CPA/CIA preferred
Strong communication and interpersonal skills to effectively collaborate with stakeholders at all levels
Understanding of relevant regulations, industry best practices, and internal control frameworks
Excellent analytical, problem solving, and critical thinking skills
Proficiency with MS Office and audit software
May be asked to work an extended schedule to meet deadlines
Must be available to respond to delivery system emergencies and be available for on call rotation



Unitil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

Last Updated: 04/28/2025

Keywords: Unitil Service Corporation, Plymouth , Internal Auditor, Accounting, Auditing , Hampton, Massachusetts