What makes a good internal audit manager?

Duties and Responsibilities

  1. Assists in development of the institution’s annual audit plan.
  2. Manages performance of audit assignments, reviews workpapers and audit reports; edits reports prepared by other auditors.
  3. Schedules and plans audits; initiates project planning, assess risk and develops audit direction.
  4. Performs preliminary planning and establishes direction for audits, provides leadership to assigned auditors, manage project to quality outcomes, while meeting established time budget.
  5. Performs audit work, including plan preparation, workpapers, finding, and associated reports; verifies the accuracy of financial records as they pertain to assets, liabilities, receipts, expenditures, and related transactions.
  6. Coordinates and interacts with Regents, administrators, faculty, and staff, and with external audit and law enforcement agencies, as needed; may be required to testify in court; may also be required to interact with university students and alumni, and with vendors doing business with the university.
  7. Consults with and advises university administrators, faculty, and staff on operational and administrative issues.
  8. Trains new staff, as needed.
  9. Keeps abreast of university policies and procedures, current developments in accounting and auditing professions, and changes in local, state, and federal laws, as applicable.
  10. Coordinates and interacts with audit firms performing external audits of university financial statements.
  11. Participates in development, implementation and maintenance of policies, objectives, short-and long-range planning; develops and implements projects and programs to assist in accomplishment of established goals.
  12. Develops and provides training to university departments as requested.
  13. Performs miscellaneous job-related duties as assigned.
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Minimum Job Requirements

  • Bachelor’s degree; at least 5 years of experience directly related to the duties and responsibilities specified. Certification/Licensure Certified Public Accountant (CPA) certification must be active and good standing or must be practicing Certified Internal Auditor (CIA).
  • Completed degree(s) from an accredited institution that are above the minimum education requirement may be substituted for experience on a year for year basis.

Knowledge, Skills and Abilities Required

  • Knowledge of university and/or public auditing policies, standards, and procedures.
  • Ability to work effectively with diverse populations.
  • Ability to supervise and train employees, to include organizing, prioritizing, and scheduling work assignments.
  • Ability to communicate effectively, both orally and in writing.
  • Ability to analyze and solve problems.
  • Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.
  • Ability to foster a cooperative work environment.
  • Ability to provide technical guidance and training to end users.
  • Ability to develop, plan, and implement short- and long-range goals.
  • Knowledge of court processes and legal documentation requirements.
  • Ability to provide legal depositions and testimony.
  • Employee development and performance management skills.
  • Knowledge of auditing concepts and principles.
  • Ability to develop and implement audit plans and schedules.
  • Knowledge of financial recordkeeping procedures, laws, regulations, and standards.
  • Ability to persuade and influence others.
  • Knowledge of current changes and/or developments in applicable federal, state, local laws, and university policies and procedures.
  • Ability to analyze data and familiarity with ACL.
  • Understanding of IT control environment.
  • Ability to motivate others and promote teamwork.
  • Knowledge of governmental financial statements auditing and workpaper review.
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Conditions of Employment

  • Must maintain certification status.
  • Must be Bondable.

Working Conditions and Physical Effort

  • No or very limited physical effort required.
  • No or very limited exposure to physical risk.
  • Work is normally performed in a typical interior/office work environment.