Director Audit Services - Financial

Department:

10212 Advocate Aurora Health Corporate - Internal Audit

Status:

Full time

Benefits Eligible:

Yes

Hours Per Week:

40

Schedule Details/Additional Information:

None

Major Responsibilities:

• Leads and manages a team of internal auditors, providing guidance, coaching, and professional development.
• Provides insight into risk assessments that support the performance of the annual audit plan.
• Provides insight and participates in the preparation of risk assessments for key operational changes where the internal control environment may be impacted and require evaluations through audit services.
• Develops a risk-based internal audit plan that addresses key areas of risk, controls, and compliance related to academic research and other regulatory compliance.
• Coordinates and oversees the planning, execution and reporting of assigned audit services, included in the annual audit plan and that arise throughout the year, utilizing specialty resources of the Audit Services team.
• Monitors the performance of assigned audit plan assignments and special projects to meet target dates.
• Approves audit assignments and reports on the progress and results of assigned audit services performed to management and leadership as well as affiliates.
• Provides insight into the annual conclusion on internal controls following the COSO framework. Collaborates with management to understand entity level controls and provide recommendations to strengthen the internal control environment.
• Documents and reports on internal control deficiencies that may impact the annual conclusion on internal controls, partnering with management responsible for internal controls over financial reporting, and support services.
• Provides insight into the implementation and refinement of a system of proactive data analytic processes and procedures to improve audit quality, to assist in identifying risks/emerging trends, and to better understand the control environment. Supports the data analytics program and its activities to align with audits and advisory services that add value and efficiencies to Audit Services and provide management with value-oriented insight into operations.
• Collaborates with Accounting, Finance and Operations and applicable key audit stakeholders to address concerns and findings identified on audits performed.
• Performs and oversees investigations in collaboration with Finance, Legal, Human Resources and other partners or from end-to-end, as may be directed by Legal, including developing investigation plans, conducting investigations, aligning with relevant stakeholders, communicating results, performing root causes analyses to recommend remediation actions to mitigate fraud risk and exposure.
• Participates in providing relevant fraud awareness training/education for the organization to better mitigate organizational and industry-specific fraud risks, enhance the effectiveness of other anti-fraud controls, promote adherence to anti-fraud policies, and ensure that appropriate reporting procedures are followed.
• Supports the fraud program with recommending to management effective prevention and detection techniques that protect the health system from theft, fraud, and misappropriations.
• Supports the performance of quality reviews of assurance and advisory assignments for completeness of testing objectives and support for conclusions reached, as well as Internal Audit Standards’ compliance, and reports on them.
• Supports teammates implementing the Internal Audit Standards documenting the Assurance and Advisory workflows and guidelines to be followed in accordance with the Institute of Internal Auditors.
• Serves as a member on multi-disciplinary organizational initiatives to provide relevant subject matter expertise and knowledge.
• Performs and oversees special projects as assigned.
• Performs human resources responsibilities for direct reports which include interviewing and selection of new teammates, promotions, development, performance evaluations, compensation changes, resolution of concerns, corrective actions, terminations, and overall morale.
• Develops and recommends operating and capital budgets and controls expenditures within approved budget objectives.
• Responsible for understanding and adhering to the organizati