The Audit department is a division of Capital City Bank Group, Inc., which oversees the audits of the Holding Company and all of its subsidiaries.
The internal audit manager is primarily responsible for managing the outsourced accounting and audit firms, scheduling and reviewing all audits, and reporting the findings to the Audit Committee and company management. The internal audit manager is directly employed by Capital City Bank Group, Inc. This position reports administratively to the chief executive officer and is accountable to the Audit Committee of the Capital City Bank Group Board of Directors.
The Audit department evaluates all aspects of how Capital City Bank Group, Inc. and its subsidiaries operate to ensure compliance with federal, state, and U.S. Securities and Exchange Commission (SEC) regulations as well as generally accepted accounting principles and audit standards.
Click through the accordions below for explanations of the different types of audits this department is responsible for.
Operational Audits
Audits compliance with the established policies, controls, and procedures of the company.
Transactional Audits
Audits the accuracy of monetary transactions and account balances.
Compliance Audits
Audits the company’s compliance with state, federal, and SEC regulations.
IT Audits
Audits information technology owned by Capital City Bank.
Loan Review Audits
Reviews loans for compliance with lending policies, procedures, and the accuracy of the Capital City Bank loan grading process. Conducts validations of the company’s allowance for credit loss methodologies, provisions, and balances.
Whistle Blower Policy
The internal audit manager administers the company's whistle blower policy and conducts investigations of associate calls to the Whistle Blower Hotline.
Each of the above audit types, except for whistle blower investigations, is scheduled on a rotation of every 1 to 4 years depending upon the results of annual risk assessments. Division managers are interviewed by the Audit Department to assess the level of risk in each area.
The Audit Committee is made
up of members of the Board of Directors of Capital City Bank Group, Inc., who are considered independent of management, and are not officers of the company. This committee was established as an independent oversight function to ensure conflicts of interest do not exist in evaluating auditing findings, and to meet certain requirements of federal, state, and SEC regulations regarding corporate governance.
The Audit Committee meets at a minimum of 13 times per year in the discharge of their responsibilities as established by the Capital City Bank Group, Inc. Audit Charter. Management is responsible for submitting written responses to audit findings. The audit manager reviews these responses with the Audit Committee and tracks management's remedial actions to final resolution.
View Audit's public documents on netinterest.
Job Positions
- Internal Audit Coordinator