"Director, Internal Audit (Financial and Operational Auditing)"

Position Information

Working Title: Director, Internal Audit (Financial and Operational Auditing)

Department: Legal Affairs & General Counsel

Compensation Title: Director

Position Number: 30000540

Position Status: Regular

Work Schedule: Full time. Monday – Friday. 8:15 a.m. to 4:30 p.m.

Hours per Week: 37.5

Months per Year: 12

Purpose of Position

The Director of Internal Audit is responsible for the proactive and strategic design, planning, and execution of the campus-wide audit function. The Director will provide independent and objective analysis, recommendations, counsel, and pertinent information regarding the adequacy of administrative controls; the accuracy and reliability of financial records; the institution’s compliance with applicable laws, regulations, policies, and procedures; potential risks to the University; and management efficiency and effectiveness of operations and activities throughout the institution. The Director reports to the Vice President for Legal Affairs and General Counsel and supervises one or more professional staff.

Primary Responsibilities

Perform operational and financial audit activities, including planned and requested/special audits, investigations and similar projects; routine monitoring activities and testing; holding related meetings with units; collecting, reviewing, and testing records and information; preparing audit reports; and making recommendations and providing other observations and feedback to the Board of Regents Audit, Risk, and Compliance Committee, the President, other senior administrators, and campus units.

Serve as primary liaison to University’s external auditors and support and perform activities related to annual external financial audit, and Office of Management and Budget single audit of federal expenditures, and related federal and state-mandated audit requirements.

Prepare annual campus audit plans, monitor progress of plans, modify plans as necessary.

Supervise audit staff, including providing training and reviewing work product.

Serve as co-chair of University’s Compliance Committee and assist with compliance and enterprise risk management efforts as needed.

Serve as co-liaison to the Board of Regents Audit, Risk, and Compliance Committee, create committee meeting materials, present to committee and lead committee discussions, and occasionally support and lead presentations and discussions with the full Board of Regents on relevant topics.

Qualifications

Either a Certified Public Accountant (CPA) license or Certified Internal Audit (CIA) certification is required, plus a Bachelor’s degree in accounting, finance, business, information technology, or related field.

An additional Master’s degree is preferred, with preference for emphasis in accounting, finance, information technology, business, or similar relevant field.

Progressive and relevant auditing experience is preferred, particularly in a higher education setting or with higher education clients.

Extensive knowledge of audit principles and a CPA license or CIA certification are required.

7-10 years progressive and relevant auditing experience is preferred, particularly in a higher education setting or with higher education clients.

Minimum Education: Bachelor's Degree

Preferred Education: Master's Degree

Minimum Experience: 7 years

Salary: TBD