The Director fulfills a key role in assisting the College to maintain a high standard of financial and operational effectiveness. Director is responsible for evaluating risks facing the enterprise; directing an effective program of internal audits to help identify and then mitigate risk; identifying opportunities to improve controls and operational efficiency; and serving as an expert resource to promote and instill effective controls, best industry practices, and adherence to applicable laws and regulations. Director is a key strategic business partner and trusted advisor business unit leaders who have responsibility for programs involving complex financial, operational, compliance, and information systems components.
Director is responsible for conducting annual risk assessments, resulting in annual audit plans to address noted risks. Director manages and collaborates with Audit Services staff in the development and execution of internal audit projects included on the annual plan or as requested by enterprise executive management.
Director reports to VP, Compliance & Audit Services, Chief Audit Officer.
Identify, evaluate risk areas for the development of the annual audit plan via an annual risk assessment. Develop/execute an annual report that includes summary of audit activity
Conduct complex operational, financial, and compliance audit projects. Perform analysis of business processes that include identifying and defining issues/recommendations, developing criteria, reviewing, analyzing relevant information, evaluating evidence, documenting business processes, procedures, and completing audit documentation
Communicate results of audits via written reports and oral presentations to management and the Audit, Compliance & Risk Management Board Committee.
Provide technical assistance to employees on matters related to internal audits and controls
With VP, Compliance & Audit Services, facilitate the Enterprise Risk Management program
Ensure compliance with Code of Ethics, International Standards for the Professional Practice of Internal Auditing, the Practice Advisories as promulgated by the Institution of Internal Auditors
Perform all duties in accordance with college policies, procedures, values
Keep abreast of higher education, healthcare practices, rules, regulations related to the internal auditing profession
Maintain personal proficiency by obtaining continuing education
Perform duties as assigned
Knowledge, Skills, Abilities:
Must have strong service oriented attitude, excellent interpersonal skills
Must be highly computer literate with strong analysis skills
Must be able to use discretion, maintain confidentiality, exercise sound, independent judgment, perform detailed work with precision
Must be well organized, with exceptional written and oral communication skills
Must have the ability to track and prioritize multiple concurrent projects
Strong leadership skills, ability to take initiative
Must have knowledge of accounting, auditing standards, principles applicable to higher education, research, and/or healthcare
Knowledge of budgeting, purchasing, operations of large organizations
Knowledge of ERP systems (SAP, Oracle, PeopleSoft, Banner) as part of the audit process
Knowledge of fraud investigation, detection criteria, strategies
Bachelor's degree in Accounting, Finance or a related field
8 yrs experience in auditing, accounting and/or related activities.
3 yrs of supervisory experience
Licensure: CPA/CIA/CISSA /CFE
Master’s degree-Accounting, Finance or related
Strong preference for previous process improvement and project management experience
Experience with SAP related applications
Experience/exposure to EPIC Electronic Medical Record applications
Experience with implementing and managing data analytic programs
Baylor College of Medicine is an Equal Opportunity/Affirmative Action/Equal Access Employer.