Principal, Internal Audit

Site: Mass General Brigham Incorporated

Mass General Brigham relies on a wide range of professionals, including doctors, nurses, business people, tech experts, researchers, and systems analysts to advance our mission. As a not-for-profit, we support patient care, research, teaching, and community service, striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.

Job Summary

The position will play a critical role in ensuring compliance with regulatory requirements, identifying areas for improvement, and safeguarding the financial integrity of our organization. This position is also responsible for providing management with an independent assessment of the company's operations. This individual will add value and improve our operations by bringing a systematic and disciplined approach to the effectiveness of risk management, control, and governance processes. Additionally, the role will conduct a variety of value-added financial, operational, and business process reviews, manage assigned audit projects, and develop new staff as needed.

Essential Functions

-Develop comprehensive audit plans that are based on risk assessments, regulatory requirements, and organizational objectives. Coordinate audit activities to ensure timely and efficient execution.
-Conduct risk assessments to identify and prioritize areas of potential risk within the organization. Collaborate with key stakeholders to develop mitigation strategies and control measures.
-Assess operational processes and procedures to identify inefficiencies, gaps, and opportunities for improvement. Recommend solutions to streamline operations and enhance productivity.
-Develop and implement the government program's internal audit strategy, including the annual audit plan and long-term audit objectives.
-Oversee the execution of internal audits across various health plan departments and functions.
-Evaluate the effectiveness of internal controls, policies, and procedures to mitigate operational and compliance risks.
-Assess the health plan's compliance with relevant laws, regulations, and policies, ensuring adherence to ethical standards and industry best practices.
-Prepare and present comprehensive audit reports to health plan leadership and the board of directors.
-Monitor and ensure the timely implementation of audit recommendations by relevant departments

Qualifications

Education

• Bachelor's Degree in Accounting, Finance, Business Administration required

• Master's Degree Related Field of Study preferred

• Equivalent experience may be accepted in lieu of degree

Licenses and Credentials

• Certified Public Accountant preferred

• Certified Internal Auditor [CIA] - The Institute of Internal Auditors (IIA) preferred

Experience

• 8-10+ years of auditing experience (public accounting and/or internal audit) required

• 5-7 years of management experience required

• 1-2 years of project management experience preferred or 0-1 year of Information system audit experience preferred

Knowledge, Skills and Abilities

• Strong understanding of healthcare regulations, compliance requirements, and risk management practices within the health insurance or healthcare industry.

• Excellent leadership, team management, and decision-making abilities to lead the internal audit function effectively.

• Strong analytical and problem-solving skills to assess complex situations and develop appropriate audit strategies.

• Extensive experience in internal audit, risk management, and healthcare compliance, with a proven track record of successful leadership and senior management roles.

Additional Job Details (if applicable)

Remote Type

Remote

Work Location

399 Revolution Drive

Scheduled Weekly Hours

Employee Type

Regular

Work Shift

Day (United States of America)

Pay Range

$121, $177,351.20/Annual

Grade

9At Mass General Brigham, we believe in recognizing and rewarding the unique value each team member brings to our organization. Our approach to determining base pay is comprehensive, and any offer extended will take into account your skills, relevant experience if applicable, education, certifications and other essential factors. The base pay information provided offers an estimate based on the minimum job qualifications; however, it does not encompass all elements contributing to your total compensation package. In addition to competitive base pay, we offer comprehensive benefits, career advancement opportunities, differentials, premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply, and our Talent Acquisition team will provide an overview of your potential compensation and benefits package

EEO Statement:

Mass General Brigham Incorporated is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veteran's Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact Human Resources at Mass General Brigham Competency Framework

At Mass General Brigham, our competency framework defines what effective leadership "looks like" by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused, half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance, make hiring decisions, identify development needs, mobilize employees across our system, and establish a strong talent pipeline.

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