Director Of Internal Audit

Position Title Director of Internal Audit Unit Name Internal Audit Salary Grade 9 Number of Months 12 months Full-time or Part-time Full-Time Hours per week 40 Proposed Annual Salary, Hourly Rate or One-time payment Essential Duties

• Maintain the confidentiality of sensitive information.

• Inform the President and other senior administration of significant events in a timely manner.

• Conduct annual risk assessment.

• Develop annual audit plan based on risk assessment and consultation with Institutions of Higher Learning (IHL) and university management.

• Conduct internal control assessments and process audits of areas identified on the annual audit plan as well as ad hoc audits requested by management or IHL in accordance with Institution of Internal Auditing Standards (IIA).

• Prepare and distribute formal reports of all control assessments and audits to the reviewed department and up the chain of responsibility to include the University President and Chief Audit Executive of IHL.

• Develop, update, coordinate and conduct internal controls and fraud awareness training for unit heads and administrators.

• Serve as a resource for university personnel on internal controls and best practices.

• Review university policies and procedures to ensure compliance with IHL Policies and Bylaws.

• Manage the University's anonymous reporting system.

• Conduct investigations of fraud, waste, and abuse reports on anonymous reporting system and assign other types of reports to the appropriate individual.

• Develop annual departmental budget and manage departmental expenses to remain within budgeted limits.

• Select, train, develop, and supervise the department's student worker(s).

• Maintain, review, and submit payroll for non-exempt departmental employee(s).

• Reconcile departmental accounts.

• Serve on various university committees.

• Maintain a collaborative atmosphere between the Office of Internal Audit and various university departments and personnel.

• Attend training to facilitate professional development and maintain professional certifications.

• The position reports functionally to the IHL Chief Audit Executive and Administratively to the Institutional Executive Officer (President) and is a hybrid position designating 75% of the work schedule in the MS IHL office and 25% on The W campus.

• Other reasonable duties as assigned.

Minimum Qualifications

Education:

• Bachelor's degree required. Seasoned professional knowledge; equivalent to a Master's degree; knowledge in more than one discipline required.

Experience:

• Requires more than 5 years of internal audit experience in higher education

• Certified Public Accountant (CPA), Certified Internal Auditor or Certified Fraud Examiner

• Computer skills to include spreadsheet and word programs; familiarity with Banner and TeamMate preferred.

Other Skills & Abilities

• Advanced level of knowledge of auditing concepts, practices and procedures

• Excellent verbal and written communication skills and diplomacy

• Ability to plan, organize, coordinate and direct a comprehensive internal audit function in a public institutional setting

• Ability to work effectively with diverse constituency groups

• Knowledge of court processes and legal documentation requirements

• Ability to establish, implement and evaluate short- and long-range audit plans

• Knowledge of financial/business analysis techniques

• Knowledge of organizational structure, workflow, and operating procedures

• Ability to provide legal depositions and testimony

• Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.

• Skill in budget preparation and fiscal management

• Ability to foster a cooperative work environment

• Ability to persuade and influence others

• Ability to perform and evaluate the quality of audit work

• Ability to analyze and solve problems

• Knowledge of current changes and/or developments in applicable federal, state, local laws and university policies and procedures.

• Ability to supervise and train student workers or interns - including organizing, prioritizing and scheduling work assignments.

Job Description Summary

Directs and performs the advisory function on internal auditing which serves as an independent review and appraisal of the fiscal and administrative operations of the institution. The Director of Internal Audit is a hybrid position working approximately 75% of the time in the MS Institutions of Higher Learning office in Jackson, MS and 25% on The W campus in Columbus, MS.

Hours of Availability Background Check Statement

Prior to hiring, the final candidate(s) must successfully pass a pre-employment background investigation. A prior conviction reported as a result of the background investigation DOES NOT automatically disqualify a candidate from consideration for this position. However, failure to disclose may disqualify a candidate.

Requisition Detail Information

Requisition Number FY20445NF Open Date 02/22/2023 Will this job have a specific close date? No Close Date Special Instructions to Applicants

Work Location: Approximately 75% of the work schedule in the MS IHL office (Jackson, MS) and 25% on The W campus (Columbus, MS).

This position is a salary grade 9 but salary is commensurate with experience.