Manager, Audit - Office of Internal Audit

Scheduled Hours

37.5

Position Summary

Manages, oversees, and participates in the planning and execution of university audits, including operational, financial, construction, compliance or investigative audits. May supervise one to three auditors on internally performed projects, and will select, manage and oversee externally hired auditors performing audits in specialized areas. These specialized areas include Information Technology audits, construction audits or audits requiring other specialized expertise. This individual reports to the Director and is function at a very high level of quality; will interact with senior management, University personnel at all levels, and outside consultants with minimal direction and supervision.

Job Description

Primary Duties & Responsibilities

Co-Sourced Audits

• Initiates, manages and oversees construction, IT or other special purpose audits performed by outside third party specialists. This includes coordination with the third party provider(s) performing these audits and monitoring of internal activities throughout the process.
• Develops Requests for Proposals (RFP) to obtain competitive bids for any audits costing $25,000 or more. Coordinates all communications to and from bidders, including timetables, meetings and information needed to develop bid proposals.
• Reviews the bids for reasonableness in light of the scope and nature of the project; facilitates bid selection process and execution of service contracts.
• Coordinates and guides planning, budgeting, scope setting, resource assignments and fieldwork activities with third party provider(s) and key management personnel.
• Develops expectations of third party for communications and reporting required throughout project and monitor progress vs. expectations.
• Reviews, edits and approves draft periodic audit reports for each audit project. Submits to Director for final approval.
• Oversees and approves agendas for opening, closing and key issue resolution meetings with management and third party auditor.
• Works with management and third party to ensure that all issues identified are implemented or resolved to the Universityâ™s satisfaction.
• Provides performance feedback on the work of outside auditors to firm management and Audit Director.
• Keeps the Director informed about significant issues.
• Works with the Director to make decisions as to when issues require elevation to higher levels of management to reach satisfactory results.
• Performs training or other consultation for managers in areas audited as appropriate to address key lessons learned from results of audits.
• Ensures appropriate level of knowledge transfer from third party specialist to internal audit and management personnel related to activities evaluated.
• As appropriate, above activities may be performed by internal auditor under managerâ™s direction.

Operational, Financial and Investigative Audits

• Supervises and participates in as necessary, financial, operational, construction or investigative audits, including the following:
  • Prepares and/or supervises audit project planning, including risk assessment, budgeting, scope setting; conducts audit-planning meetings with management for all assigned projects.
  • Supervises and monitors completion of fieldwork, management communications throughout the audit, presentation of audit recommendations, development of mutually agreeable management action plans and audit reports. Ensures projects are completed timely and within budget. Performs audit tests and interpret results in highly complex or sensitive areas.
  • Reviews and approves audit plans, audit work papers and draft audit reports prepared by senior auditors.
  • Provides performance feedback on the work of internal auditors.
  • Coordinates follow up activities on prior audit recommendations with management.

Other

• May have full supervisory responsibility for two to three professional audit staff. Selects, supervises, train, motivates and develops audit staff. Provides coaching, goal setting and periodic written and oral performance feedback for two to three team members. Makes recommendations for staff training.
• Performs or supervises special projects or investigations as assigned by the Director.
• Participates in university management committees or task forces, as assigned.
• Assists Director with periodic university-wide risk assessment and audit planning.
• Provides ad hoc internal control and operational consulting to university departments to ensure new or changed processes or systems are adequately controlled and operationally effective.
• Evaluates and continuously improves the effectiveness of audit procedures performed by the department. Develops new value-added tools and techniques to identify and evaluate risks, university controls and operational effectiveness; trains auditors on the use of these tools and techniques.
• Keeps abreast of current developments in the higher education industry, internal audit industry, including operational, financial, construction and fraud auditing; and audits professional standards. Applies knowledge to improve effectiveness of department activities.
• Assists the Director in establishing an ongoing quality assurance program and standards for the department and monitor team membersâ™ performance vs. established goals and standards.
• Develops and performs fraud awareness, internal control training or other specific topic training for various constituencies throughout the university, including deans, business managers and other key personnel as assigned.
• Prepares and reviews monthly activity reports and other administrative reports as required; assists Director with Audit Committee or other management reports as assigned.

Performs other duties as assigned.

Preferred Qualifications

• Proven ability to use a high degree of analytical intelligence and interpretation; confident in own judgment in making decisions and recommendations in complex operating environments.
• Proven ability to apply in-depth knowledge of accounting, internal controls and operational effectiveness to the audit analyses performed and recommendations formulated.
• Proven facilitation and presentation skills, including ability to develop and deliver training and other audit related topics to staff and other constituencies across the University.
• Excellent communication skills; proven ability to communicate effectively and persuasively both orally and in writing with all levels of faculty, management and staff.
• Service-oriented team player with the ability to develop and manage relationships and bring groups together on difficult or complex business issues.
• Proven ability to manage projects and lead teams to deadlines and budgets while managing multiple (6-8) projects concurrently.
• Proven ability to lead, coach and motivate team members to achieve high level of performance.
• Proficiency in Microsoft Office (Word, Excel, Access, PowerPoint). Ability to learn new applications as needed.
• Expertise in construction audits, Information Technology audits, data mining and analysis tools and Sarbanes-Oxley Act audit testing.

Required Qualifications

• Bachelorâ™s degree (Business, accounting, management focus preferred, or if not business/finance degree, other bachelorâ™s degree combined with relevant experience).
• MBA a plus.
• At least eight years experience in internal auditing, finance, public accounting, or comparable internal audit experience.
• Minimum of three years supervisory experience, including experience leading and overseeing multiple person project teams.
• Required Licensure/Certification/Registration: At least one certification required, Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Public Accountant (CPA) or Certified Informations Systems Auditor (CISA); Multiple certifications a plus.

Grade

G15

Salary Range

$82,500.00 - $145,200.00 / Annually The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.

Questions

For frequently asked questions about the application process, please refer to our External Applicant FAQ .

Accommodation

If you are unable to use our online application system and would like an accommodation, please email     or call the dedicated accommodation inquiry number at and leave a voicemail with the nature of your request.

Pre-Employment Screening

All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.

Benefits Statement

Personal

• Up to 22 days of vacation, 10 recognized holidays, and sick time.

• Competitive health insurance packages with priority appointments and lower copays/coinsurance.

• Want to Live Near Your Work and/or improve your commute? Take advantage of our free Metro transit U-Pass for eligible employees. We also offer a forgivable home loan of up to $12,500 for closing costs and a down payment for homes in eligible neighborhoods.

• WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.

Wellness

• Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!

Family

• We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? Weâ™ve got you covered.

• WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.

For policies, detailed benefits, and eligibility, please visit:

EEO/AA Statement

Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the Universityâ™s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.

Diversity Statement

Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment â“ fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.

About Washington University in St. Louis

Washington University in St. Louis, a medium-sized, independent university, is dedicated to challenging its faculty and students alike to seek new knowledge and greater understanding of an ever-changing, multicultural world. The University offers more than 90 programs and almost 1,500 courses leading to bachelor's, master's and doctoral degrees in a broad spectrum of traditional and interdisciplinary fields, with additional opportunities for minor concentrations and individualized programs. The faculty is composed of scholars, scientists, artists and members of the learned professions. They serve society by teaching; by adding to the store of human art, creativity, understanding, and wisdom; and by providing direct services, such as health care.

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