Director of Audit Services

POSITION OBJECTIVE

The Director of Audit Services plans and directs a program of internal auditing at Case Western Reserve University, reporting to the Vice President of Enterprise Risk Management (VPERM). The comprehensive risk-based internal audit program includes, but is not limited to, complex audits of financial, operational, compliance, internal control, and construction, as well as fraud investigations and information system-related issues. The functions of the department are defined by the Audit Committee of the Board of Trustees. Primary duties include 1) examining and evaluating the adequacy and effectiveness of the University's system of internal controls; 2) furnishing the audit committee and management with objective and timely analysis, assessments, recommendations, advice, information, and assurance to assist them in the effective and efficient discharge of their responsibilities; 3) auditing liquid and fixed resources to verify that they are fully accounted for; and 4) reviewing and appraising the efficiency and effectiveness with which resources are employed in the internal control structure.

Essential Functions

Audit Program Leadership and Hands on Execution (70%)

• Assist the VPERM in the preparation of a comprehensive 3-year strategic plan for audit coverage based on a university-wide risk assessment and present it to the audit committee for review and approval.
• Coordinate annually with co-sourced internal audit partners to administer a formal university-wide risk assessment.
• Identify activities for which internal controls are subject to audit coverage, evaluate their significance, and the degree of risk inherent in the activity.
• Develop and implement an audit work plan for the evaluation of the adequacy and effectiveness of the University's system of internal controls.
• Establish priorities and schedules for audit engagements.
• Assign audit resources appropriately based on risks.
• Evaluate the reliability of financial and other relevant operational information and the means used to identify, measure, classify, and report such information.
• Work independently with University leadership on internal control projects.
• Perform special audits, projects, or reviews at the request of the audit committee or management.
• Coordinate with the chief finance officer and VPERM regarding communications to the audit committee.
• Provide management with the results of audit activity and adjust audit activity to improve the audit program and audit coverage.
• Audit compliance with policies, plans, procedures, laws, and regulations.
• Evaluate the means used to safeguard assets from loss.
• Establish means to detect fraud, waste, and abuse of resources.
• Develop a system of cost and schedule control over audit projects.
• Utilize work methods, tools, and technology that are current with the state of the profession.
• Assure that audits are performed in accordance with standards set forth by the Institute of Internal Audits (IAA), the United States General Accountability Office (GAO), and the Information Systems Audit and Control Association (ISACA).
• Coordinate an ongoing review process that tracks and appraises the implementation of audit recommendations. Assess the adequacy of the actions taken to implement recommendations.
  
  
  

Reporting (10%)

• Monitor the completion and authorize the distribution of reports on the results of audits, including appropriate recommendations for improvements.
• In coordination with management, prepare and deliver regular reports to management as well as the audit committee of the board of trustees.
• In coordination with management, prepare and deliver ad-hoc reports as appropriate to management and other committees of the board of trustees, such as the finance committee.
• Deliver presentations to various committees as directed by management.
  
  
  

Recommendations and Policy Development (10%)

• Recommend changes in policies or procedures to increase the efficiency of operations or to improve safeguards over University assets.
• Recommend steps to reengineer processes to improve fiscal policy and strengthen internal controls.
• Assist in the formulation of accounting and information technology policies. Participate in the development of University policies and procedures.
  
  
  

NONESSENTIAL FUNCTIONS (10%)

• Direct activities and administrative responsibilities of the function.
• Serve as a consultant to other departments when questions pertaining to internal control or procedures arise.
• Coordinate fraud investigations with law enforcement, attorneys, and private investigators. Perform internal fraud inquiries and investigations.
• Administer, monitor, assist in the triaging of, and as appropriate investigate reports submitted to the anonymous integrity hotline.
• Keep abreast of University policies and procedures, current developments in accounting and auditing professions, and changes in local, state, and federal laws, as applicable.
• Coordinate activities with the University's external auditors. Establish effective communication with internal and external entities, including consultants.
• Perform other duties as assigned.
  
  
  

CONTACTS

Board 10%

President's Cabinet 10%

Research 40%

Schools and Deans 40%

SUPERVISORY RESPONSIBILITY

No direct supervision of staff employees. Coordinate the activities and review the annual work plan and reports of the outsourced internal audit firm (Deloitte).

Qualifications

Experience: 7 or more years of experience directly related to the essential functions of the position. Experience should include 3 years of management experience. Prefer Higher education experience. Prefer National public accounting experience.

Education/Licensing: Bachelor's degree in finance or accounting required. CPA or advanced degree (e.g. MBA, MAFM) strongly preferred. Prefer certifications demonstrating related competencies (e.g. Certified Internal Auditor, Certified Fraud Examiner, etc.)

In employment, as in education, Case Western Reserve University is committed to Equal Opportunity and Diversity. Women, veterans, members of underrepresented minority groups, and individuals with disabilities are encouraged to apply.

Case Western Reserve University provides reasonable accommodations to applicants with disabilities. Applicants requiring a reasonable accommodation for any part of the application and hiring process should contact the Office of Equity at 216-368-3066 to request a reasonable accommodation. Determinations as to granting reasonable accommodations for any applicant will be made on a case-by-case basis.