Director of Internal Audit

1 week ago


Rochester, Michigan, United States Oakland University Full time
Job Summary

The Director of Internal Audit plays a critical role in ensuring the financial and operational effectiveness of Oakland University. This position is responsible for evaluating risks facing the university and directing an effective program of internal audits to identify and mitigate risk.

Key Responsibilities
  • Evaluate risks facing the university and develop an annual audit plan to address noted risks.
  • Manage and collaborate with Internal Audit staff in the development and execution of internal audit projects.
  • Report functionally to the Board of Trustees' Audit Committee and administratively to the Chief of Staff & Secretary to the Board of Trustees.
  • Identify opportunities to improve controls and operational efficiencies, and serve as an expert resource to promote and recommend effective controls and best industry practices.
Requirements
  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • At least 6 years of internal or external auditing experience, with 2 years of supervisory or managerial experience.
  • Must be a Certified Public Accountant (CPA) and maintain current State of Michigan license.
  • Advanced level of knowledge of auditing concepts, practices, and procedures, as well as excellent organizational and analytical skills.
  • Thorough understanding of financial, operational, and compliance risks related to business processes and the ability to analyze such processes to identify significant issues, associated risks, and value-added controls.
  • Knowledge of fraud investigation and detection criteria techniques.
  • Strong leadership skills and ability to take initiative.
  • Must be able to use discretion, maintain confidentiality, exercise sound, independent judgment, and perform detailed work with precision.
  • Excellent verbal and written communication skills to effectively communicate with all levels of staff to executive management and the Board of Trustees.
  • Must be highly computer literate, including experience with data analytics software and ERP systems.
  • Knowledge of athletics/NCAA compliance regulations and associated risks.
Preferred Qualifications
  • Masters of Business Administration (MBA) or a related field.
  • Experience in a higher education setting.

Unless otherwise required by an applicable collective bargaining agreement, all minimum, additional, and desired qualifications are preferred, but qualifications, degrees, and/or experience deemed comparable and/or equivalent by Oakland University in its sole and exclusive discretion may be considered.



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