Position SummaryThe Internal Audit Director is responsible for leading and managing the internal audit team to collaborate, assess and improve the organization's risk management, governance, and control processes. Key responsibilities include developing audit plans that address risks related to healthcare regulation and industry standards, overseeing and performing financial, operational, and compliance audits, supervising auditors, and communicating with senior leadership. This role also involves managing stakeholder relationships, creating and presenting reports, ensuring audit procedures are executed efficiently and accurately, and to oversee the implementation and effectiveness of corrective actions. The position reports to the Vice President Compliance, Privacy, and Internal Audit.
Department SummaryThe internal audit department provides an independent, objective assurance and consulting function that is designed to add value to the organization by systematically evaluating the effectiveness, compliance, and efficiency of operations, policies and controls.
Qualifications- Bachelor's degree in accounting, finance, business administration, healthcare administration, Health Information Management or a related field.
- Certified Public Accountant (CPA) or Certified Internal Auditor (CIA)
- 6 years of experience, with a significant portion in public accounting and/or the healthcare industry.
- 3+ years of experience managing teams, preferably audit teams
- Experience with healthcare-specific regulations, such as Medicare, Medicaid, and HIPAA.
- Experience managing multiple audit engagements concurrently.
Skills- Proven ability to lead, coach, and develop audit teams and individuals.
- Strong ability to analyze complex data to detect deficient controls, fraud, or non-compliance issues.
- Exceptional verbal, written, and presentation skills to effectively communicate findings and recommendations to senior leadership
- Adaptability to changing work environment or demands
- Independent, self-starter
Responsibilities & Expectations- Mentor and manage the team of internal auditors, including hiring, training, and evaluating performance.
- Assess risks within Aultman's operations and practices to prevent potential issues and recommend strategies to the VP Compliance, Privacy, and Internal Audit and Aultman management to mitigate them. This includes assessing the effectiveness of internal controls, governance, and risk management systems.
- Responsible for the development and execution of the risk-based annual audit plan and budget by identifying and prioritizing audit areas. The annual audit schedule should utilize internal colleagues and external resources effectively to meet the department's goals.
- Apply effective project management to audit assignments in order to deliver work which meets quality standards, deadlines and the expectations of stakeholders.
- Develop fieldwork schedules, priorities and detailed audit programs for achieving audit objectives and goals.
- Update the VP Compliance, Privacy, and Internal Audit on the progress of the audit and any emerging issues during audit fieldwork.
- Prepare clear, concise, and impactful audit reports to accountable managers, senior leaders that includes risk rated findings and recommendations.
- Ensure sufficient audit evidence/workpapers are prepared and retained.
- Responsible for tracking and overseeing all audit findings, management responses, and corrective action plans to confirm effective risk remediation.
- Build effective business partnering and advisory relationships with senior management, while maintaining the independence and objectivity of self, team and the Internal Audit function.
- Recommends changes to business processes and internal controls to mitigate risks and enhance efficiency.
- Ensure audit methodologies align with professional standards (such as IIA standards) and help refine them over time.
Working Conditions- Salary, position - 40 hours/week
- Hybrid/WFH schedule available
