The Executive Director of Internal Audit will grow and expand the Internal Audit function for the UM System with a focus on adding value and improving operations, risk management, control and governance processes while developing talent within the audit team.
Essential Functions (top five to seven critical functions): In Collaboration with the Chief Audit and Compliance Officer:
Ensures that high quality internal auditing services are provided in accordance with the professional standards promulgated by The Institute of Internal Auditors (IIA), and uses guidance from other related professional bodies as appropriate, such as the Association for Certified Fraud Examiners (ACFE) and Information Systems Audit and Control Association (ISACA).
Continuously evolves the audit universe, conducts risk assessment and translates this to an audit plan that supports broad/long term strategic plans and objectives.
Independently or with audit team collaboration:
Conducts consistent and useful risk assessments during audit performance and reports on results.
Provides advice, analysis and results of services in a timely and clear manner. Synthesizes and reports on audit findings and trends across functions, schools, universities and the health system to advance leading risk management practices.
Provides leaders with insights into operations and the control environment that are relevant to strategic objectives.
Develops and nurtures an effective working relationship with the management of each institution and system level function; provides sufficient flexibility to be responsive to management’s needs and maintains a flow of communication with operating management.
Executes the annual (or rolling) audit plan and guides the day-to-day activities of the Internal Audit and Consulting Services Team, including coaching and mentoring, team development, and performance management.
Stays abreast of emerging trends, risks, and developments within the higher education, health care, and audit profession and finds ways to leverage them for efficiency and effectiveness; develops and maintains the Internal Audit Performance Guide consistent with the IIA’s International Professional Practices Framework (IPPF); establishes and maintains a quality program to ensure compliance with the IPPF.
Serves as a subject matter expert and staff for the UM System Executive Audit and Compliance Committee.
Develops and maintains an effective relationship with external accounting firm, regulators, and service providers.
Deploys appropriate tactics to achieve goals and results within budget.
Collaborates with management to establish data-driven monitoring routines
Knowledge, Skills, and Abilities:
Solves problems and is highly organized.
Influences people and systems with or without direct authority.
Scrutinizes all the facts without making a snap judgment.
Attends to details while performing strategic or multi-task assignments; handles complexity and ambiguity.
Perseveres until an issue is resolved.
Focuses on internal talent management including the acquisition, development, and retention of quality people while fostering a high-performance work culture.
Leads with a servant’s heart with a focus on integrative and strategic leadership.
Values diversity and inclusion; possesses strong personal integrity and ethics; and demonstrates cultural competence and appreciation of the diverse nature of the university environment.
A bachelor's degree in a related field
At least 5-10 years of broad, progressively responsible leadership in managing an internal audit function with a track record of continuous improvement; must be able to plan, develop and implement complex strategic goals and program initiatives that require the effective management of resources over short- and long-time frames
Ability to influence at the executive level and drive change; demonstrated ability to analyze complex issues and develop effective problem-resolution strategies.
Ability to work in a collegial manner to develop and maintain collaborative working relationships with a variety of persons, internal and external to the organization; must possess a high level of interpersonal skills in working with individuals in collateral, superior and subordinate positions
Related professional certification requires (CPA, CIA, CFE, CISA, or others as related)
Master’s degree preferred
Experiences with these roles in a higher education or healthcare setting strongly preferred.
Additional Salary Information: This position is eligible for University benefits. The University is an Equal Employment Opportunity (EEO) employer.
Internal Number: 32856
About University of Missouri System
The University of Missouri System (Columbia MO) has a unique and important role in providing teaching, research, service and economic development to the state, supporting more than 70,000 students across four universities, and serving all 114 counties in the state.
In addition to its four campuses—the University of Missouri-Columbia (MU), the University of Missouri-Kansas City (UMKC), Missouri University of Science and Technology (S&T) and the University of Missouri-St. Louis (UMSL)—the UM System is comprised of a statewide health care system, multiple research parks and incubators, agricultural research stations, and a vast network of small business and technology development centers, extension centers, telehealth network sites and MOREnet sites.
Collectively, the UM System is a $3.0 billion enterprise that represents one of the greatest assets of the state of Missouri.
Meet us at the intersection of excellence through innovation. We are the University of Missouri System