Ensures compliance with policies, procedures and laws by: 85% E
- Developing, documenting, implementing, testing, and maintaining a comprehensive internal audit plan and system of internal controls to help provide assurance that applicable laws, regulations, and University policies and procedures are complied with judiciously;
- Establishing operational objectives for individual audit projects within appropriate professional standards and best practices; discussing audit practices, procedures, and needs with University administration, managers, and audit personnel.
- Performing operational reviews to provide both analysis and evaluation of operating results with comparison to established institutional goals, objectives, plans, policies, procedures, and/or peer institutions.
- Examining financial transactions for accuracy and compliance with institutional policies and applicable laws and regulations;
- Maintaining and applying current and comprehensive working knowledge of professional auditing standards, industry best practices, applicable laws and regulations, University and Regents/SBOE policies, statements of the Governmental Accounting Standards Board and other standards relevant to the conduct of professional audits
- Evaluating financial and operational procedures to assure adequate internal controls are present;
- Performing reviews of activities within the institution to verify adequacy of internal controls and compliance with the policies and procedures of the University, the Regents/State Board of Education, applicable federal laws and laws of the State of Idaho, and applicable standards of ethical and professional conduct.
- Identifying, assessing, and evaluating the University's risk areas;
- Making appropriate recommendations for improved internal controls and accounting procedures;
- Researching and adopting industry best practices where appropriate;
- Interfacing with federal and other external auditors;
- Participating in the University's response to the external auditors' comments and recommendations to the annual audit;
- Working with the President and senior leadership of the University to identify key business risks, assess those risks, and establish risk management procedures and practices based on industry best practices;
- Identifying pertinent best practices emerging within the higher education industry which can assist the University in producing accurate and reliable financial reporting information;
- Clearly communicating audit observations and recommendations through oral and written reports to University administrators.
- Overseeing the administration of the University's Whistleblower Hotline; and
Provides leadership and ensures accountability for Audit Services by: 10% E
- Hiring, assigning, reviewing, training, evaluating, and supervising Audit Services staff.
- Overseeing, developing, planning, and monitoring Audit Services operating budget and related resources.
- Providing day-to-day oversight of the activities and operations of the Audit Services department.
- Managing other staff to accomplish a wide variety of activities.
Supports the goals and objectives of the University by: 5% M
- Participating in professional and leadership development programs and organizations which benefit professional contributions to the University.
- Maintaining effective and collaborative working relationships with University administrators, the Office of the State Board of Education, external agencies and auditors, and a wide variety of University, state, and community leaders and clientele while maintaining appropriate independence.
- Demonstrating the highest level of personal and professional integrity and ethical conduct in accordance with professional standards.
- Performing other duties as assigned.
Must be bona fide occupational qualifiers, such as requiring the ability to lift 50 lbs if job involves lifting objects weighing 50 lbs, or requiring only female applicants if the job is a female locker room attendant.
- Bachelor's degree in accounting, finance or related field
- 5-7 years progressively responsible experience in internal and/or external audit environment, with audit experience of public sector or similar organization
- Audit experience with electronic data processing (EDP) internal control systems or related system(s).
- Demonstrated outstanding oral and written communication skills
- Proven supervisory skills to properly guide, encourage and monitor audit staff and student audit interns
Must: Applicants who are selected as final possible candidates must be able to pass a criminal background check.*
The hired candidate must provide employment eligibility verification as required by the U.S. Citizenship and Immigration Services prior to beginning employment with UI.
ADDITIONAL DESIRABLE QUALIFICATIONS:
Education and Experience: Education or experience desired, but not required, such as a college degree or four years' experience. List Department's desired qualifications
- Knowledge of accounting theory, auditing standards, procedures, and techniques required to perform audits in accordance with the Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF);
- Knowledge of higher education financial and reporting standards, including fund accounting.
- Experience in audit of sponsored research expenditures, OMB Circulars A-133 and A-21;
- Knowledge of auditing information systems and systems designs;
- Management experience
- Knowledge of the requirements for effective report writing;
- Experience auditing electronic data with analytical software such as ACL or IDEA;
- Ability to comprehend and interpret policies, procedures, laws, regulations, and guidelines;