Essential Functions: JOB PURPOSEPerform financial, operational and compliance audits of various Schools, Colleges and Division at the University to ensure compliance with internal, governmental and standard accounting practices, policies or procedures. Conduct campus-wide risk assessments to identify key risks within the organization; provide consulting services to the organization's management and staff and providing input to development of the annual internal audit plan. Maintain all organizational and professional ethical standards and completes all internal audit work in compliance with The IIA's International Standards for the Professional Practice of Internal Auditing (Standards) and other professional standards. ESSENTIAL FUNCTIONSConduct cyclical and special financial and operational audits. Plan and implement audit plan to ensure objectives are attained. Evaluate the effectiveness of University systems through the application and knowledge of business systems, procedures and transactions as well as auditing standards and techniques.Determine operational procedures for the unit or activity under consideration. Prepare description of audit procedures in written or flow chart form and evaluate existing procedures from the standpoint of internal control and established University policies and procedures. Utilize computer assisted audit procedures, computer applications and techniques and statistical sampling.Perform, record and analyze the results of tests (e.g. selected samples) for an assigned unit. Develop recommendations to correct and/or improve operational inefficiencies and deficiencies. Evaluate the implementation of recommended changes and conduct post audit follow-up.Prepare formal detailed written reports and make oral presentations outlining the effectiveness and/or inefficiencies of systems, operations and activities. Review audit findings and recommend procedural changes with immediate supervision and/or senior level Auditor.Assist in identifying and evaluating the organization's audit risk areas and provides input to the development of the risk-based annual internal audit plan.Perform audit procedures, including identifying and defining issues, developing criteria, reviewing and analyzing evidence, and documenting client processes and procedures.Conduct interviews, review documents, develop and administer surveys, compose summary memos, and prepares working papers.Identify, develop, and document audit issues and recommendations for improvement using independent judgment concerning areas being reviewed.Communicate or assist in communicating the results of audit and consulting projects via written reports and oral presentations on a timely basis to management and the board of directors.Develop and maintain productive team-oriented client and staff relationships through individual contacts and group meetings.Pursue professional development opportunities, including external and internal training and professional association memberships, and share information gained with co-workers.Represent internal auditing on organizational project teams and at management meetings.Provide functional supervision over part-time temporary student assistants. Assign and monitor work activities. Train in appropriate methods and procedures. Answer questions and resolve problems that arise.Performs related work as assigned by audit management.
Qualifications: EDUCATIONGraduation from an accredited college or university with major coursework in accounting and business administration or an equivalent combination of education and/or experience. Advanced degree preferred.EXPERIENCECertified Internal Auditor (CIA).Reasonable experience working with at a Certified Public Accounting firm or internal audit department.Considerable experience in and knowledge of auditing practices and procedures.Reasonable knowledge of organizational theory.Considerable knowledge of computerized accounting, recordkeeping and businesssystems.Considerable knowledge of applied principles of accounting as used in public or governmental systems.Considerable knowledge of general business operations and procedures, preferably at the University.KNOWLEDGE, SKILLS AND ABILITIESBUSINESS KNOWLEDGE AND SKILLS: Knowledge of and skill in applying internal auditing and accounting principles and practices, and management principles and preferred business practices. Knowledge of Professional Internal Auditing Standards and the Code of Ethics. Knowledge of industry program policies, procedures, regulations, and laws. Knowledge of contemporary risk management, control, and control frameworks. Familiarity with the common indicators of fraud.Skill in conducting quality control reviews of audit work products.ANALYTICAL SKILLS: Strong analytical, problem solving skills and organizational skills. Proficient in collecting and analyzing complex data, evaluating information and systems, and drawing logical conclusions. Skill in negotiating issues.PROJECT MANAGEMENT SKILLS: Skill in planning and project management, and in maintaining composure under pressure while meeting multiple deadlines.COMPUTER SKILLS: Computer/PC proficiency including word processing, spreadsheet, systems documentation, audit packages, and other business software to prepare workpapers, reports, memos, summaries, and analyses. Knowledge of management information systems terminology, concepts, and practices.COMMUNICATION SKILLS: Effective verbal and written communication skills, including active listening skills and skill in presenting findings and recommendations for improvement. Ability to communicate effectively with others.TEAMWORK: Ability to establish and maintain harmonious team-oriented working relationships with co-workers, agency staff, and external contacts, and work effectively in a professional team environment. Supervisory skills preferred.
Internal Number: 76_207807
About Wayne State University
Founded in 1868, Wayne State University is a nationally recognized metropolitan research institution offering more than 400 academic programs through 13 schools and colleges to nearly 32,000 students. Wayne State?s main campus in Midtown Detroit comprises 100 buildings over nearly 200 acres; its five extension centers offer higher education to people throughout Southeast Michigan. Wayne State is dedicated to preparing students to excel by combining the academic excellence of a major research university with the practical experience of an institution that by its history, location and diversity represents a microcosm of the world we live in. Reflecting its location and the excellent international reputation of its graduate schools, particularly in the sciences, Wayne State boasts the most diverse student body among Michigan?s public universities. Its students represent 49 U.S. states and more than 60 countries.