Director of Internal Audit

DIRECTOR OF INTERNAL AUDIT

Number of Openings: 1

Employee Classification: Exempt, Executive

Institution: Cleveland State Community College

Department:  Audit

Reports to: President

Campus Location: Cleveland, TN

Salary Range: $91,115 - $118,450

 

Cleveland State Community College is a comprehensive, two-year post-secondary institution, located in Cleveland, Tennessee. Cleveland State is committed to providing open access and quality education to all students. A Tennessee Board of Regents institution, Cleveland State is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). At Cleveland State, our mission is to build strong minds, careers and communities through exceptional teaching and learning, workforce development and service. We wish to hire individuals with similar values who can help us accomplish those goals.

 

JOB SUMMARY

The overall purpose of the Director of Internal Audit role is to assist the college in accomplishing its goals by providing objective and relevant assurance regarding risk management, control, and governance processes to college management and the Tennessee Board of Regents.  This position reports administratively to the college President and functionally to the TBR Audit Committee through the TBR Chief Audit Executive (CAE). 

The Director is responsible for developing the college’s annual audit plan and conducting internal financial, operational, and compliance audits as outlined in the plan, or as directed by the President or the Tennessee Board of Regents (TBR) Audit Committee.  The audits are for the purpose of determining the adequacy of the institution’s systems of internal control for continuous improvement; risk management; fraud awareness; efficiency and effectiveness of financial, administrative and academic management; and verification of compliance with policies, requirements, and laws of the college, Tennessee Board of Regents, State of Tennessee, Federal Regulations, and accreditation standards.

 

ESSENTIAL JOB FUNCTIONS

• Direct a comprehensive program of internal audit for the college, reporting results and other information to the Audit Committee through the TBR CAE.
• Comply with the Institute of Internal Auditors Standards and Code of Ethics.
• Prepare annual audit plans based on discussions with the president and senior leadership and audit risk assessments.  Submit to the CAE for presentation to and approval by the TBR Audit Committee.
• Develop audit programs, internal control questionnaires, audit procedures, working papers, and audit reports.
• Examine college records and test for compliance with TBR and college policies and with state and federal laws or regulations.
• Meet as needed with management to discuss findings, observations, and recommendations.
• Conduct audit follow-up work as required or needed, including follow-up audits for Comptroller of the Treasury findings.
• Maintain audit working papers according to records retention requirements. 
• Provide required monthly, quarterly, and annual reports, including status reports on management’s corrective actions, audit plan revisions, audit status, audit reports, and other information to the Audit Committee through the CAE.
• Meet regularly with the president and other senior management to discuss college strategic initiatives, risks, internal controls, audit planning and status, and other management issues.
• Assist the president in maintaining operations which are fiscally well-controlled, efficient, and effective.
• Provide management advisory services, including interpreting TBR policies and guidelines, state and federal laws and regulations, and contractual agreements.
• Coordinate special assignments from the president and develop suggestions for enhancements.
• Analyze systems and processes for efficiency; make recommendations to appropriate administrators, as necessary.
• Report allegations of fraud, waste, or abuse to the TBR Audit Committee through the TBR Office of System-wide Internal Audit.
• Conduct fraud, waste, or abuse investigations as required and make recommendations for improved controls, operating procedures, account records, and system designs.
• Assist and coordinate with the Tennessee Office of the Comptroller of the Treasury and other external auditors, as necessary.
• Establish and maintain effective working relationships with college personnel, system-wide counterparts, TBR staff, and external contacts.
• Attend TBR Internal Audit Directors meetings.
• Serve on coll