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Fayetteville State University · 2 months ago

Director of Internal Audit

Fayetteville, NC

Full-time

Hybrid

Lead/Staff, Director/Executive

5+ years exp

Fayetteville State University is seeking a Director of Internal Audit to oversee and manage the internal audit functions of the university. The role involves monitoring internal controls, providing audit reports, developing audit plans, and coordinating external audits to ensure compliance and improve operational efficiency.

AlumniEducationHigher EducationTrainingUniversities

Diversity & Inclusion

Responsibilities

Monitor the University’s internal controls that safeguard public funds and assets and minimizes incidences of fraud, waste, and abuse; evaluate programs and business operations to ensure they are administered in compliance with federal and state laws, regulations, and other requirements; review the effectiveness and efficiency of University operations and periodically audit the University’s major systems and controls to include accounting systems and controls, information technology and security controls, and administrative systems and controls. Also supervise or conduct investigations within the University to rule out any suspected fraudulent activities. Conduct follow-up audit, as needed, to evaluate whether recommendations and risks have been sufficiently addressed

Provide formal written audit reports that communicate the objective, scope, observations, issues, risks, and conclusions of internal audit activities and investigations to the General Counsel and Vice Chancellor, the Chancellor and the Legal, Audit, Risk and Compliance Committee ( LARC Committee) of the Board of Trustees, as well as provide emerging trends and practices within the field of internal auditing. Develop meaningful recommendations for process improvements to improve the adequacy, effectiveness, and efficiency of controls and operation

Develop a risk-based audit plan utilizing a risk-based methodology and be responsible for implementing the approved audit plan, including as appropriate, any special tasks or projects requested by the General Counsel and Vice Chancellor, the Chancellor, the Board of Trustees, or the State Auditor

Coordinate all external audits of the University and analyze the scope of work of external auditors and regulators, as appropriate, to provide optimal audit coverage to the University. Conduct and/or assist investigations of suspected fraudulent activities. Establish internal audit policies and procedures to guide the internal audit program activities (in compliance with the Audit Manual, IIA Standards, and other laws, rules, and regulations)Maintain a professional audit staff with sufficient knowledge, skills, experience, competencies, and professional certifications to meet the requirements of the Charter. Periodically report to the LARC Committee and the Chancellor on the internal audit activities and performance relative to the audit plan. Assist with creating and delivering accurate and informative training presentations to campus audiences as required. Respond promptly and accurately to requests for assistance from campus clients. Monitor the University’s “help line” and provide the General Counsel and Vice Chancellor with a monthly report of issues reported and the status of follow-up actions

Qualification

Internal AuditRisk ManagementAudit ReportingCertified Public AccountantCertified Internal AuditorCertified Fraud ExaminerCertified Information Systems AuditorTransparencyCommunication SkillsInterpersonal SkillsIntegrityTraining Presentation Skills

Required

Bachelor's degree in accounting or related discipline from an accredited institution

5 years of progressive responsibility in Internal Audit or a related professional field

Knowledge of auditing principles and practices, institutional organization, and management

Strong written and oral communication skills that enable the position to give effective reports to internal and external constituencies

Strong interpersonal skills and character traits, including integrity and transparency, that inspire trust and credibility among stakeholders

Preferred

Experience in higher education

Certification or licensure as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or Certified Information Systems Auditor (CISA)