The mission of Internal Audit is to provide the State Board, the Chancellor, and the presidents and administrators of Virginia’s Community Colleges with independent and objective assurance and consulting services that are guided by a philosophy of adding value to improve the operations of the Virginia Community College System (VCCS) and to assist the VCCS in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control, and governance processes.
The Director of Internal Audit is a faculty ranked position that reports functionally to the State Board for Community Colleges and administratively to the Chancellor. The appointment or removal of the Director, and significant changes to the Director’s compensation, requires the concurrence of the Audit Committee. Responsibilities include, but are not limited to, maintaining a comprehensive audit program and supervising the examination of the operations of 23 community colleges, the System Office and the VCCS Shared Services Center. This position establishes and maintains the policies of the audit activity and directs its technical and administrative functions. The Director recommends improvements in managerial, and accounting controls designed to safeguard the System’s resources. This position also represents Internal Audit on the Chancellor’s Cabinet, Advisory Council of Presidents, and other committees as deemed necessary.
Essential Job Functions:
Supervise the overall work quality of the internal audit department, which includes maintaining the department’s conformance to the Global Internal Audit Standards as promulgated by the Institute of Internal Auditors.
Using an appropriate risk-based methodology, develop the annual audit strategy, audit plan and audit scope for review and approval by the Internal Audit Committee and the State Board.
Manage all internal audit activity, including coordinating with external service providers, to coordinate audit projects, assessments, and any enterprise level regulatory audit requirements.
Manage all investigations of suspected fraud, waste, or abuse within the organization whether received internally or from the Office of the State Inspector General (OSIG), and notify the Audit Committee, management, and OSIG of the results.
Implement the approved audit plan and report on results relating to the internal control environment and financial and operational controls, processes, and system capabilities.
Establish and maintain key relationships throughout the organization as a means of supporting management as a credible and trusted partner.
Obtain information needed to perform functional duties, provide business advisory service, and deliver strategic recommendations.
Professionally communicate both orally and in writing and prepare formal presentations and reports with executive summaries and recommendations based on audit results to senior management and the Audit Committee of the State Board.
Hire, develop, and manage a high performing internal audit team with sufficient knowledge, skills, and experience to perform the work, and whose consultation and advice are sought out by the organization.
Understand and apply state laws, regulations and federal compliance requirements.
Education and Experience:
Master’s degree in accounting or related discipline or a bachelor’s degree with experience equivalent to a master’s degree
Certification as a Certified Public Accountant (CPA) or a Certified Internal Auditor (CIA)
Significant audit experience with multiple agencies, including increasingly responsible leadership experience.
Knowledge
In-depth knowledge of the Global Internal Audit Standards (Standards) and the Code of Ethics promulgated by the Institute of Internal Auditors (IIA)
In-depth knowledge of auditing process
In-depth knowledge of fraud and requirements of the OSIG
In-depth knowledge of Information Technology risks and controls
In-depth knowledge of higher education and applicable federal and state regulations
General knowledge of management and supervision practices
General knowledge of state and government organization and functions
General knowledge of project management techniques and best practices
Skills
Excellent oral, written and presentation skills that articulate challenges, opportunities, and details professionally and clearly
Demonstrated initiative and self-motivation, and excellent organizational skills
Demonstrated strong leadership skills, including supervising, recruiting, developing, training and coaching staff; and managing performance and employee relations concerns
Ability to manage and monitor the budget for the Internal Audit department
Strong analytical and problem-solving skills
Proficient with Zoom and the Microsoft Office Suite and open to learning other computer applications including the TeamMate+ audit management application and TeamMate+ Analytics tools
Abilities
Set priorities and clear goals and deliver timely, high quality customer service in a demanding, deadline-oriented environment that serves multiple stakeholders
Establish and maintain key relationships throughout the organization
Conceptualize and think strategically to maximize available resources
Work with and coordinate cross-functional teams
Supervise externally co-sourcing contracts for audits and projects
Understand processes and gap analyses, and problem-solve to address these issues
Coordinate with many stakeholders and teams in a complex environment
Travel as required for business and other job-related responsibilities, including to college campuses throughout the state
Attend and present at State Board and other meetings, events, and functions consistent with the position or as a leader within the VCCS
Additional Considerations:
Significant audit experience in higher education or public service setting
Knowledge of accounting principles, auditing standards, and governmental accounting standards and systems
Background Check Statement: The selected candidate’s offer is contingent upon the successful completion of a criminal background investigation, which may include: fingerprint checks, local agency checks, employment verification, verification of education, credit checks (relevant to employment). Additionally, selected candidates may be required to complete the Commonwealth’s Statement of Economic Interest. For more information, please follow this link: http://ethics.dls.virginia.gov/
EEO STATEMENT: The Virginia Community College System, an EEO employer, welcomes applications from people of all backgrounds and recognizes the benefits of a diverse workforce. Therefore, the VCCS is committed to providing a work environment free of discrimination and harassment. Employment decisions are based on business needs, job requirements and individual qualifications. We prohibit discrimination and harassment on the basis of race, color, religion, sex, national origin, age, sexual orientation, mental or physical disabilities, political affiliation, veteran status, gender identity, or other non-merit factors.
