Reporting to the Chief University Auditor (CUA), the Director will assist in providing critical leadership, and coordination of Brown’s internal audit program. The Director will help develop and manage a comprehensive audit program and promote the internal audit function at Brown University. The Director will support the CUA, and serve as a trusted advisor to all levels of management and staff throughout the University, to proactively identify, manage and reduce risks which could impact the University achieving its mission and strategic goals. The Director will become familiar with the mission of the University; participate in a continual risk assessment process; assist in maintaining a current audit universe including assessment of areas of significant risk; communicate the importance of internal controls; develop and implement education and training programs regarding risk and controls; and collaborate with management to ensure that a reliable system of internal controls exists across relevant functions and processes.
Audit function/program development, maintenance and management - The Director is expected to support the CUA to develop, maintain and manage an audit program that:
- Ensures that the audit universe represents an accurate and comprehensive digest of University objectives, risks and controls;
- Produces risk-based plans that maximize the value delivered by internal audit;
- Considers inputs/requests from management, and is flexible to accommodate changes and events that alter University priorities;
- Provides tools to aid in the planning, execution and documentation of audits and reporting of audit results;
- Ensures proper oversight and supervision of the work performed by assigned staff or on behalf of the internal audit department;
- Ensures that personnel hired and retained by the department have the necessary knowledge, experience, and skills to perform their assigned work; and
- Includes a periodic review of the effectiveness/performance of the internal audit activity.
Audit plan execution and resource management - The Director is to execute audits and other assigned tasks in a manner that:
- Ensures the efficient use of audit resources, timely completion of audit projects, and the production of high quality deliverables;
- Provides an opportunity for internal audit staff to learn the business processes and leading practices relevant to the processes as a basis for evaluation;
- Maintains the objectivity of the internal audit function while strengthening relationships with process owners and University leadership;
- Ensures that departments/units goals/objectives are consistent with the University's mission;
- Determines whether the processes and activities that departments/units employ have adequate controls to provide reasonable assurance that they will achieve their goals and objectives;
- Produces an assessment of the design and operational effectiveness of internal controls;
- Delivers an evaluation of the effectiveness of the University’s risk management, governance, and system of internal controls; and
- Aids process and control owners in the identification and implementation of process and control improvements, which enable the University to consistently and reliably execute its mission and achieve its strategic and operational objectives.
Business advisory services and process improvement - The Director is expected to support the CUA in partnering with management, where appropriate to:
- Identify opportunities for process improvements;
- Benchmark University practices to best and leading practices;
- Identify reasonable, feasible and economically practical solutions; and
- Provide advisory services for process improvement implementations.
The Director position requires a broad knowledge of the theories and principles of auditing and accounting, general administration, and information systems. Substantial knowledge of financial and management controls, the ability to apply audit concepts and techniques skillfully on assignments, and the ability to interact effectively either independently or in a team setting with all levels of management is critical.
Candidate for this position should possess:
- BS in Business Administration with concentration in Accounting, Management, Finance, Information Systems or other related fields.MBA strongly preferred;
- Minimum 7 years progressively responsible professional experience in Public Accounting, Internal Audit, or related field;
- Experience in Higher Education and familiarity with applicable federal/state laws preferred;
- Proven ability to work effectively on multiple projects at the same time;
- Excellent interpersonal, oral and written communication skills;
- Strong analytical abilities, including data analytics preferred;
- Familiarity with Information Systems controls and applications; knowledge of ACL preferred;
- Effective supervisory experience;
- High professional and ethical standards with the ability to appropriately handle confidential data;
- Ability to effectively work in a diverse workforce;
- Related certification such as CPA, CIA, CFE, or CISA.