Internal Audit at Indiana Wesleyan University is an independent appraisal activity established to review the financial, operational, compliance or technical operations to determine the adequacy and effectiveness of internal control policies and procedures. The Internal Auditor reports directly to the Audit Committee of the Board of Trustees and has a strong dotted line relationship to the CFO.
Bachelor's Degree in Accounting, Finance, Economics, Information Systems or equivalent business experience.
Certified Internal Auditor or CPA designation preferred.
The Director of Internal Auditing reports directly to the Chair of the Audit Committee with dotted line to the VP for Business Affairs/CFO
DUTIES AND RESPONSIBILITIES
Perform an entity-wide risk assessment of the organization and audit plan at least annually.
Develop and execute audit programs and report results to the appropriate levels in the organization.
Meet with audit committee to discuss and review risk assessment, audit planning, and project results.
Assist external auditors as appropriate. Assist in coordinating the University’s response to audit findings and recommendations.
Review and appraise the soundness and adequacy of manual and automated processes, accounting, financial and operating controls (internal controls) and recommend corrective action.
Plan and execute assessments and reviews to meet the University’s compliance requirements with applicable policies, rules, regulations and laws.
Ensure work papers are adequately documented and audit evidence is sufficient.
Provide training to campus related to policies and procedures.
Participate in various committees, task forces, and project teams to promote awareness of internal controls, operational effectiveness, and appropriate policy and procedure development.
Maintain involvement with appropriate associations and regulatory (compliance) agencies to keep up to date with emerging issues/risk of responsibilities.
Conduct Internal Audit activities in compliance with the IIA International Standards for the Practice of Internal Auditing.
According to Indiana Wesleyan University’s employment policy, all employees must possess a strong Christian commitment and adhere to the standards outlined in the IWU Community Lifestyle Statement.
4-6 years of audit experience, preferable in higher education or as audit manager
Effective leadership and management skills.
High proficiency with desktop applications and MS Office suite of products.
Excellent organizational and communication skills.
Ability to work independently with minimal supervision.
Commitment to a high degree of confidentiality.
LIMITATIONS AND DISCLAIMER
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They should not be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. In addition, nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this position at any time.
Indiana Wesleyan University is committed to equal opportunity in employment and maintaining a work environment free from all forms of unlawful discrimination. Accordingly, the University affords equal opportunity to all employees and prospective employees without regard to race, sex, color, national or ethnic origin, disability, age, genetic information, veteran status, or any other status protected by law.
These have access to all the rights, privileges, and programs generally made available to employees at the University. It does not discriminate in the administration of its policies, programs, nor during any phase of employment, including hiring, promotion, demotion, treatment during employment, rates of pay or other compensation, and termination of employment.
As an educational institution operating under The Wesleyan Church, Indiana Wesleyan University reserves and exercises its privileges under applicable law to prefer employees on the basis of religion and who are best suited to its religious purpose.
Indiana Wesleyan University is an Equal Opportunity Employer