Financial & Operational Director of Internal Audit

Internal Auditing

Position Overview: Director Internal Audit is a valuable team member of Ethics, Compliance and Audit Services; an evolving and growing central services function for the four universities and health system of the University of Missouri System. Our mission is to partner with leadership to preserve and create value consistent with leadership's vision and direction through our internal audit, compliance, and investigative work. This role requires a CPA or CIA professional certification and seven to ten years of experience with a wide exposure to risks across various industries, enabling thorough understanding of financial and operational risks. Experience in higher education is a plus. The Director of Internal Audit reports to the Chief Audit and Compliance Officer.
Key Responsibilities:
* Financial Auditing: Demonstrate a strong understanding of performing internal audits of financial processes to ensure accuracy, compliance, and efficiency, including incorporation of data analytics into the execution of internal audits. This includes proficiency in evaluating financial statements, identifying discrepancies, and implementing corrective measures to enhance financial integrity. Sarbanes-Oxley experience would be beneficial to enhance knowledge in this area.
* Project Execution: Overseeing the planning, completion and communication of internal audits and consultative services, interacting with management and leadership, and providing direction to the internal audit staff with a focus on developing talent and auditors to perform work with minimal direction or intervention from the Chief Audit and Compliance Officer. Conduct consistent and useful risk assessments during audit performance that drive the objectives and scope of the audit.
* Team Leadership: Perform the rolling audit plan in coordination/collaboration with the other Director of Internal Audit. Guide the day-to-day activities of the Internal Audit teams, including coaching and mentoring, team development, and performance management. Guide the day-to-day activities of Operational/Financial Audit Teams, including coaching and mentoring, team development, and performance management.
* Risk Assessment: Assist and provide oversight of the Internal Audit Team in the annual risk assessment in coordination with the Compliance Director and the Chief Audit & Compliance Officer.
* Advisory Services: Provide advice, analysis, and results of services in a timely and clear manner. Synthesize and report on audit findings and trends across functions, schools, and universities. Be viewed as a Trusted Advisor across the UM System.
* Operational Insights: Provide leaders with insights into operations and the control environment that are relevant to strategic objectives and major business initiatives.
* Relationship Management: Develop and nurture effective working relationships with the management of each university and system-level function; provide sufficient flexibility to be responsive to management's needs and maintain a flow of communication with operating management. Continuously develop and engage relationships across all four universities, the academic medical center, and UM System with senior leaders and compliance professionals.
* Professional Development: Stay abreast of emerging trends, risks, and developments within the higher education and audit profession to ensure maintenance of professional certifications and provide timely updates of current best practices.

Bachelor's degree or an equivalent combination of education and experience and at least 8 years of experience from which comparable knowledge and skills can be acquired is necessary.

* Master's degree, preferably MBA or Master of Accountancy.
* Proven work experience as a Director of Internal Audit or similar role.
* CPA or CIA certification required.
* Seven to ten years of experience with wide exposure and knowledge of financial and operational risks.
* Experience in higher education is a plus but not required.
* Strong analytical, communication, and interpersonal skills.
* Proven ability to lead and develop a team.
* Must reside in Columbia, Missouri or be willing to relocate. A period of adjustment will be allowed if relocation is required. A hybrid work arrangement will be allowed in the interim period with a minimum of three days on-site in the office.

Salary Range: $92,955.20 - $160,000.00 per year
Grade: GGS 014
University Title: Director, Compliance
Internal applicants can determine their University title by accessing the Talent Profile tile in myHR.

Submit resume and cover letter detailing qualifications and experience.

Columbia offers small-town friendliness with big city features and a high quality of life for people of all ages and interests. Founded on education and known as an ideal college town, its location also makes it an attractive spot for businesses and travelers. Located on Interstate 70 and U.S. Highway 63, Columbia is right in the middle of the state and the nation. Just a couple hours' drive from St. Louis and Kansas City, Columbia is Boone County's largest population center offering big-city culture, activities, and resources with a low cost of living. Columbia is home to a variety of restaurants and entertainment venues and hosts more than a dozen festivals each year. If you want to grow your career, continue your education, raise a family, and retire, Columbia is a good place to be!

This position is eligible for University benefits. As part of your total compensation, the University offers a comprehensive benefits package, including medical, dental and vision plans, retirement, paid time off, short- and long-term disability, paid parental leave, paid caregiver leave, and educational fee discounts for all four UM System campuses. For additional information on University benefits, please visit the Faculty & Staff Benefits website at https://www.umsystem.edu/totalrewards/benefits.

Equal Employment Opportunity

The University of Missouri is an Equal Opportunity Employer.

To request ADA accommodations, please call the Director of Accessibility and ADA at 573-884-7278.