Director of Internal Audit - Montclair, United States - Montclair State

Description

Director of Internal Audit page is loaded

Director of Internal Audit

Apply

locations

Montclair, NJ

time type

Full time

posted on

Posted 30+ Days Ago

job requisition id

R


IMPORTANT APPLICATION INSTRUCTIONS:

Upload Resume or Curriculum Vitae

for automatic population of information to the application.

The contact information, work experience, and education listed on your Resume/CV will be parsed and input into your Montclair application.

Review information

and double-check all fields containing information that the system parsed – the software is intelligent, but you need to verify that the data is accurate.

In the

"My Experience"

section, you will find a Resume/CV upload option where you can submit your cover letter and all other supporting documents.

Note:

If you have an expansive CV, we recommend that you apply manually and only include the positions you have held in the last ten (10) years .

You will then be able to attach your Resume/CV, as well as all other supporting documentation in the "My Experience" section of your application.

Job Description

SUMMARY
:

The Director of Internal Audit fulfills a key role in assisting the University to maintain a high standard of financial and operational effectiveness.

The Director is responsible for evaluating enterprise risk; conducting an effective program of internal audits to help identify and then mitigate risk; identifying opportunities to improve controls and operational efficiency; and serving as an expert resource to promote and instill effective controls, best industry practices, and adherence to applicable laws and regulations.

The Director is a key strategic business partner and trusted advisor to academic and business unit leaders who have responsibility for programs involving complex financial, operational, compliance, and information systems components.

The Director will execute their audit plans with the assistance of either an internal staff auditor or by providing assignments and oversight to outsourced auditors as authorized by the VP of Finance.

The Director is responsible for preparing periodic reports and presentations for officers of the University and/or for the Board of Trustees' Audit, Finance, and Development Committee; including plans for proposed internal audits, results of completed audits, and informational briefings on relevant

trends and best practices.

The Director may

also be called upon to provide technical assistance to support special projects, search committees, and evaluations of vendor products.

Operationally, the Director of Internal Audit reports to the Vice President for Finance and Treasurer, and has a direct reporting relationship to the President and to the Board of Trustees.

PRINCIPAL DUTIES AND RESPONSIBILITIES
:

Engage outside expertise to perform an enterprise risk assessment with the goal of prioritizing areas having the highest level of risk for internal audit.

Gain senior management and/or board consensus around the risk assessment and, informed in part by the assessment, develop long-term and near-term plans for proposed audits of specific programs or processes.

Design and implement internal audit projects including those that involve financial, operational and compliance matters, beginning with a statement of objectives and proposed work plan, and continuing through entrance conference, field work, analysis, and draft and final reports.

In the absence of additional audit staff, engage external auditors with expertise in a specified audit area and oversee their assignment(s) and reporting.

Prepare and submit summary reports to the President and Vice President for Finance & Treasurer after completion of each audit project, including recommendations for improvement.

Review findings with the functional owner and conduct periodic follow-up on closed audits to ensure that the agreed upon recommendations have been satisfactorily addressed.

Serve as a subject matter expert to bring professional experience, best practices, analysis, and research to bear on proposed or emerging programs, data systems, financial policies, and regulatory compliance practices.

Serve on standing or

ad hoc

committees, including search panels, vendor evaluations, compliance oversight task forces, and advisory groups as requested.

Ensure that Internal Audit is performing its work in accordance with established professional standards, and remains abreast of emerging trends and best practices that can be incorporated into its responsibilities and plans.

Oversee Internal Audit's participation in critical business and technology initiatives and projects,

ensuring that audit's perspective is effectively

voiced and appropriate controls are designed and implemented on a proactive basis.
Implement and maintain audit software leveraging support from the information systems group when needed.
Contribute

to, or coordinate as appropriate, the activities of the University's external audit firm including determining how best to leverage the work and results produced by the internal audit department.

In addition, follow up on findings and recommendations made to the University by its external audit firm, to ensure they are satisfactorily addressed.

Performs other duties as assigned.
Management retains the right to add or change job duties at any time.

QUALIFICATIONS:


REQUIRED:

Bachelor's degree from accredited college or university.
A minimum of seven years of progressively responsible experience as an internal or external

auditor,

including performing

audits

of

internal

controls

within

organizations

similar

in complexity to Montclair State University (Montclair).
Strong

knowledge

and

understanding

of the principles and practices of enterprise risk assessment in an institution of similar complexity to Montclair.
Knowledge of standards promulgated by the Institute of Internal Auditors (IIA).
Excellent computing skills including spreadsheet, project management, and presentation tools.

Strong verbal and written communications and interpersonal skills, including articulating rationales for performing audits, preparing draft findings, and presenting final results in detailed or executive summary format.

Unwavering

integrity, ethics, and professionalism.
Ability and willingness to adopt a high-level, institutional perspective while also working independently in a hands-on, results-oriented fashion.

PREFERRED:

Strong knowledge of GAAP.
Undergraduate

or

Master's degree in accounting, finance, or business.
Certifications relevant to the position, such as Certified Public Accountant (CPA) or Certified Internal Auditor (CIA).

Relevant experience in an institution of higher education, not-for-profit, or government organization of a size and complexity similar to Montclair.

Demonstrated experience in the use of enterprise information systems (such

as PeopleSoft, Banner, Workday, Oracle, or SAP products), including their use in the design and execution of audits.

Ability to work independently with academic/program and administrative personnel at multiple levels, such as vice presidents, deans/business unit heads, program managers, and others within a decentralized environment.

The sound judgment and flexibility that is needed to develop appropriate but pragmatic solutions within an organization that is highly decentralized and continuously evolving.

Experience in preparing, or assisting and advising business units to prepare, policy and procedure documents that include attention to internal control matters.

Expertise in tax matters as applicable to exempt organizations, such as post-bond issuance compliance, UBIT, and tax reporting for non-resident aliens.

Strong

knowledge

of

enterprise

information

systems

and related systems development

a nd operational controls, with experience in systems testing and auditing.
Expertise

in

data

and

information

systems

risk

assessment

and mitigation techniques.
Experience with compliance and auditing requirements within a health care institution, such as ahospital, research laboratory, or patient clinic.

PROCEDURE FOR CANDIDACY
Applicants should include a resume

and

cover letter describing how their background, skills and education match the needs of the University. When applying, please take a moment to carefully read and follow the steps in the application instructions.
Department
Treasury and Finance

Position Type
Administrative

Contact Information:

For questions or concerns, please contact Human Resources' Workday Recruiting Support at

Option 2) , or email talent

.
EEO/AA Statement
Montclair State University is an Equal

Opportunity/Affirmative

Action institution with a strong commitment to diversity.
Additional information can be found on the website at

Title IX and 34 C.F.R. 106 Policy
Montclair State is required by Title IX and 34 C.F.R.

106 not to discriminate on the basis of sex or gender, and does not discriminate on the basis of sex or gender in the operation of education programs and activities.

The requirement to not discriminate on the basis of sex or gender in the operation of education programs and activities extends to admission and employment.

For further details, please visit:

About Us

With a proud history and a vibrant future, Montclair State University is one of New Jersey's most diverse and dynamic institutions of higher education.

One of four public research institutions in the state, and the second largest, Montclair State is a designated R2 Doctoral Research University by the Carnegie Classification of Institutions of Higher Education.

Located 12 miles west of New York City on a 252-acre suburban campus which boasts modern, state-of-the-art facilities complemented by green spaces, public plazas and striking Spanish Mission architecture, and a spectacular view of the New York City skyline.

The University offers a comprehensive range of undergraduate and graduate programs through 10 colleges and schools.

With a student body of 21,000 undergraduate and graduate students from 22 states and 13 countries, the University has an expansive campus life with on-campus residential capacity of 5,300, more than 120 student organizations, and 18 NCAA Division III athletic teams.

The dynamic diversity of the University's community has been acknowledged by the U.S.

Department of Education through its recognition of Montclair State as a Hispanic-Serving Institution (HSI), and by Diverse Issues in Higher Education as a "Top Degree Producer" among institutions that confer the most degrees to minority students.

Montclair State University is proud to be committed to the principle of equal employment opportunity and does not discriminate in its recruitment and employment practices.

The University is an inclusive, richly diverse community that fosters mutual respect, tolerance and understanding among all students and employees.

#J-18808-Ljbffr