Internal Auditor

Internal Auditor - Remote

Job Locations

US-KS-Overland Park

Job ID

2024-5615

Overview

SUMMARY The internal Auditor (IA) role within Concorde Career Colleges is integral to ensuring compliance with U.S. Department of Education regulations and internal policies across various departments, including Student Financial Aid, Admissions, Academics, and Accounting. Reporting to the Chief Compliance Officer, the IA contributes to the development and execution of the Annual Compliance Verification Plan and conducts internal audits to verify adherence to federal student aid program requirements.

Responsibilities

Key responsibilities of the IA include: Compliance Assurance:

Ensuring that CCC schools and programs operate within regulatory frameworks established by the U.S. Department of Education and internal policies. This involves conducting audits and assessments to identify deviations and recommending corrective actions.

Internal Controls:

Collaborating with the Legal and Compliance Department and CCC's school leadership to enhance internal control processes. This includes developing and implementing audit strategies and protocols across various divisions to mitigate risks effectively. Stakeholder Engagement:

Working closely with diverse stakeholders, including leadership teams, employees, and constituents nationwide. Effective communication and collaboration are essential for aligning audit efforts with organizational objectives and fostering a culture of compliance. Professional Development:

Upholding CCC's mission statement and Pillars, emphasizing quality service, professional growth, trustworthiness, and integrity. This entails continuous learning and staying updated on evolving regulations and industry best practices. Analytical Skills:

Demonstrating exceptional critical thinking and analytical skills to assess complex situations, identify root causes of compliance issues, and formulate effective solutions. Leadership and Motivation:

Leading by example and fostering a supportive work environment that motivates employees to uphold compliance standards and contribute to the organization's success. Communication Skills:

Demonstrating superior oral and written communication skills to effectively convey audit findings, recommendations, and compliance requirements to various stakeholders. Overall, the IA role at Concorde Career Colleges requires a combination of technical expertise in Student Financial Aid regulations, strategic thinking, interpersonal skills, and a commitment to upholding ethical standards and organizational values. By fulfilling these responsibilities, the IA plays a crucial role in promoting a culture of compliance and ensuring the integrity and effectiveness of CCC's operations. KEY ACCOUNTABILITIES Based on the provided role responsibilities, the following is a breakdown of the responsibilities and tasks for the Internal Auditor (IA) at Concorde Career Colleges: Assist in Compliance Verification Plan Development:

Collaborate with the Chief Compliance Officer (CCO) in designing, developing, and executing the Annual Compliance Verification Plan. Audit Program Development:

Develop the Audit Program aligned with the Internal Audit portion of the Compliance Verification Plan, following the U.S. Department of Education Office of Inspector General Audit Guide and relevant updates. Conduct Internal Audits:

Execute the Internal Audit portion of the Compliance Verification Plan to ensure adherence to federal regulations and internal policies. Monitoring Compliance Verification Plan:

Assist the CCO in monitoring all Annual Compliance Verification Plan components to ensure comprehensive coverage. Reporting:

Prepare written reports detailing internal controls processes outlined in the Compliance Verification Plan, including any required Corrective Action Plans (CAPs). Regulatory Compliance:

Stay updated on federal, state, and accrediting policies, especially in administering Student Financial Aid programs, and provide comprehensive overviews to affected divisions. Regulatory Monitoring:

Monitor institutional accrediting agencies, state licensing agencies, and the U.S. Department of Education for changes and updates to statutes, standards, and regulations. Investigations and Complaints:

Assist schools in investigating reported instances of non-compliance and student complaints as needed. Functional Leadership Reporting:

Present quarterly updates to Concorde's Functional Leadership Team during established compliance control meetings, offering guidance on compliance and internal controls matters. Policy Review and Assistance:

Review and aid with policy changes as necessary to ensure compliance. Admission and Re-entry Audits:

Conduct monthly audits of admissions and re-entry processes, reporting results to campus and corporate leadership. Journal Entry Audits:

Perform monthly audits of journal entries, reporting any findings to accounting leadership. Consumer Information Guide Management:

Maintain CCC's Consumer Information Guide, ensuring updates are promptly posted at the beginning of each award year. Gainful Employment Reporting:

Manage Gainful Employment reporting for all CCC schools, ensuring the use of updated data for calculating reporting parameters. Additional Duties:

Undertake any additional duties as assigned or requested by CCC leadership. These responsibilities demonstrate the multifaceted role of the IA in ensuring compliance, maintaining internal controls, and supporting operational effectiveness across various departments within Concorde Career Colleges.

Qualifications

SKILLS REQUIRED Based on the skills required for the Internal Auditor (IA) position at Concorde Career Colleges, here's a summary of the essential competencies: Embrace "Student First" Culture:

The IA should prioritize the welfare and interests of students, ensuring that compliance efforts ultimately serve the needs of students and contribute to their success. Managerial and Leadership Skills:

Strong leadership abilities are essential for guiding audit processes, motivating team members, and fostering a culture of compliance and excellence within the organization. Communication Skills:

Excellent writing and verbal communication skills are necessary for effectively conveying audit findings, recommendations, and compliance requirements to various stakeholders. Additionally, the IA should possess strong project management skills to ensure timely completion of tasks. Collaboration and Teamwork:

The ability to work effectively and productively as part of a team and with Compliance leadership is crucial for achieving compliance objectives and promoting a cohesive organizational culture. Consensus Building:

The IA should be adept at driving consensus among individuals with diverse perspectives and priorities, particularly when addressing complex compliance issues or implementing organizational changes. Critical Thinking and Decision-Making:

Strong critical thinking skills are essential for analyzing complex situations, identifying compliance risks, and making informed decisions to address them effectively. Overall, possessing these skills will enable the IA to fulfill their responsibilities effectively, contribute to maintaining regulatory compliance, and support Concorde Career Colleges' commitment to providing quality education and services to students. EXPERIENCE/EDUCATION The following experience and education requirements are essential for the Internal Auditor (IA) position at Concorde Career Colleges. Bachelor's Degree or Equivalent Work Experience:

A Bachelor's degree in a relevant field such as accounting, finance, business administration, or a related discipline is required. Alternatively, candidates with equivalent work experience may be considered. Audit Experience:

Prior experience in auditing within an accounting or Federal Student Aid (FSA) auditing environment is necessary. This could include experience conducting internal, compliance, or financial audits, preferably within an educational institution or a related industry. Administration of Title IV Programs:

Experience administering Title IV programs at the campus or corporate level is preferred. This includes familiarity with federal regulations and requirements governing student financial aid programs, such as Pell Grants, Direct Loans, and Federal Work-Study. Candidates with a combination of relevant education, audit experience, and knowledge of Title IV program administration will be well-suited for the IA role at Concorde Career Colleges. Additionally, individuals with a strong understanding of regulatory compliance and internal controls within the education sector will be highly valued. TRAVEL 30% or less

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