Requisition # 2017-7289
Department Audit and Compliance
Category Legal and Compliance
Date Posted 3/20/2017
Full-Time / Part-Time Full-Time
Application Deadline ..
The Office of Audit and Compliance (OAC) serves as a proactive partner and trusted advisor to University management and departments to assess and mitigate risks that may have a significant impact on the achievement of the University's objectives. The goal of OAC is to promote a culture of risk and compliance awareness at the institution through the services it provides. OAC is seeking a competent candidate with high professional and ethical standards who will provide quality audit and advisory services to the University.
The Internal Audit Manager assists the Director, Internal Audit in the development and timely execution of the annual Internal Audit Work Plan. The Manager is responsible for taking a leadership role in the development and maintenance of the risk/audit universe and related risk assessments used to develop the work plan. The Manager leads the development of audit planning documentation, review of audit work papers, communication with management throughout the audit process, and follow-up on the implementation status of management's corrective action plans. Additionally, the Manager supports the Director in certain administrative capacities such as review of audit project budgets, coordination of training programs, and staff performance appraisal activities. The Manager position requires the ability to manage multiple concurrent audit projects, supervise and coach staff, provide constructive guidance, and communicate audit findings and recommendations to the appropriate level of management. The Manager must demonstrate problem solving, creative thinking, good interpersonal skills, strong business writing technique, and excellent technical competency.
Reporting to the Director, Internal Audit, the individual will:
- Assist the Director in maintaining the risk/audit universe, continual risk assessment activities, and the development of the annual internal audit work plan.
- Lead and conduct financial, operational, and compliance related audits in compliance with GAAS and IIA standards.
- Plan audits by assessing the overall risk in the audit focus area, partnering with the auditee department management to define the audit scope and objectives, and determining project resource requirements, timing, and budgets with the Director.
- Supervise fieldwork and provide guidance to senior audit staff, including the review of scope statements, audit programs, internal control questionnaires, and audit work papers. Ensure audit documentation meets departmental and professional quality standards.
- Communicate observations to auditee department management during the course of the audit and partner with them to develop value added recommendations and monitoring tools.
- Prepare professional audit reports for review by the Director and subsequent distribution to auditee department management. Ensure findings and recommendations are well developed, properly supported, quantified where applicable, reasonable and actionable.
- Provide the Director with regular status updates related to audits performed across the department, and assist in audit budget analysis against the audit work plan, on a regular basis.
- Develop and maintain a thorough knowledge of University systems and utilize data analytics-based audit techniques as a routine audit tool.
- Manage co-sourced audit projects, including firm selection, project management, and reporting.
- Provide administrative support to the OAC; assist in training and development programs and on the job training/coaching for senior staff, and independently lead special project initiatives and other tasks at the request of the Director.
- Assist in performance appraisal activities for senior staff on an annual basis.
- BA/BS in accounting, business, or related field.
- CIA, CISA, CPA or equivalent certification.
- 5+ years of experience in internal auditing, public accounting, or related financial position, including 2+ years of supervisory experience (i.e. team lead); 1-2 years in a management position is preferred.
- Knowledge of GAAS and IIA professional standards.
- High ethical standards representative of Princeton University's commitment to excellence.
- Outstanding verbal and written communication skills including the ability to articulate complex and/or technical issues to various levels of University stakeholders.
- Strong organizational and time management skills.
- Thorough understanding of financial, operational, and compliance risks related to business processes and the ability to analyze business processes to identify significant issues, associated risks and value-added controls.
- Ability to develop strong internal and external relationships and interact effectively with leadership and staff at all levels.
- Ability to work independently with minimal supervision and in a team environment.
- Self-motivated, enthusiastic, and committed to quality and continuous improvement. The finalist will be required to successfully pass a background check.
- Advanced degree in business, finance, or related field.
- Experience in higher education and/or not-for-profit institutions.
- Experience with regulatory, compliance, and ethical matters.
- Good working knowledge of internal control conceptual frameworks such as COSO and COBIT.
- Understanding of financial, budgetary and/or travel and expense ERP systems.
The final candidate will be required to complete a background check successfully.
Princeton University is an Equal Opportunity/Affirmative Action Employer and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability status, protected veteran status, or any other characteristic protected by law. EEO IS THE LAW
Standard Weekly Hours
Eligible for Overtime
Essential Services Personnel (see policy for detail)
Physical Capacity Exam Required
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