Full-Time

Chief Audit Officer

Howard University

Howard University

Compensation Overview

$240k - $260k/yr

Company Does Not Provide H1B Sponsorship

Washington, DC, USA

In Person

Must be on-site at Mordecai Wyatt Johnson Building, Washington, DC.

Category
Accounting (1)
Required Skills
Data Analysis
Requirements
  • Bachelor's degree in accounting, finance, business administration, or related field
  • At least one of the following professional certifications: Certified Internal Auditor (CIA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA)
  • Minimum of 10 years of progressive internal audit experience, with at least 5 years in a leadership or management role
  • Demonstrated experience in higher education, public sector, nonprofit, or similarly complex organizational environments strongly preferred
  • Proven track record of developing and executing risk-based audit plans and managing audit engagements from planning through reporting
  • Experience presenting audit findings and recommendations to audit committees or boards of directors
  • Comprehensive understanding of the International Standards for the Professional Practice of Internal Auditing and the COSO Internal Control Framework
  • Strong knowledge of governance, enterprise risk management, and compliance frameworks (e.g., COSO ERM, ISO 31000)
  • Familiarity with higher education regulations including Title IV financial aid, OMB Uniform Guidance, research compliance, NCAA rules, and FERPA
  • Proficiency in data analytics tools and audit management software
  • Understanding of information technology controls, cybersecurity risks, and IT audit methodologies
  • Knowledge of fraud detection and prevention techniques
  • Leadership
  • Communication
  • Analytical Thinking
  • Relationship Building
  • Integrity
  • Judgment
  • Adaptability
Responsibilities
  • Develop and annually update a comprehensive, risk-based internal audit plan aligned with the university's strategic priorities, emerging risks, and compliance requirements
  • Present the annual audit plan to the Audit Committee for review and approval, adapting priorities dynamically in response to changing institutional needs
  • Direct and oversee all internal audit engagements, including financial, operational, compliance, information technology, and investigative audits
  • Ensure audit work is performed in accordance with the International Standards for the Professional Practice of Internal Auditing (IIA Standards)
  • Implement and maintain a quality assurance and improvement program, including periodic external assessments
  • Coordinate audit activities with external auditors and regulatory agencies to maximize coverage and minimize redundancy
  • Prepare and present comprehensive audit reports to the President, senior leadership, and Audit Committee, including findings, risk ratings, and actionable recommendations
  • Communicate significant risk exposures, control deficiencies, and governance concerns to the Audit Committee in a timely and transparent manner
  • Provide quarterly status reports on audit plan progress, emerging risks, follow-up on prior recommendations, and resource utilization
  • Meet privately with the Audit Committee without management present to discuss sensitive matters
  • Review audit workpapers, findings, and reports to ensure quality, accuracy, and appropriate support for conclusions
  • Conduct ongoing enterprise risk assessments in collaboration with senior leadership to identify and prioritize audit areas
  • Monitor the institutional risk environment, including emerging risks related to technology, cybersecurity, research integrity, Title IX, athletics, sponsored programs, and student services
  • Provide advisory services and consultation on new systems, processes, policies, and strategic initiatives from a risk and control perspective
  • Track regulatory and legal developments affecting higher education, including federal and state requirements, accreditation standards, and grant compliance
  • Facilitate training and awareness programs on internal controls, fraud prevention, ethics, and risk management
  • Lead or oversee investigations into allegations of fraud, financial irregularities, policy violations, or misconduct with appropriate confidentiality and due process
  • Coordinate with Human Resources, General Counsel, and law enforcement as appropriate during investigations
  • Conduct special projects and ad hoc reviews at the request of the Audit Committee, President, or senior leadership
  • Maintain organizational independence and individual objectivity in all audit activities, free from interference in determining scope, performing work, and communicating results
  • Uphold the IIA Code of Ethics and maintain professional skepticism in all engagements
  • Ensure the internal audit function has unrestricted access to records, personnel, and physical properties relevant to audit activities
  • Avoid conflicts of interest and recuse from audits where independence may be compromised
  • Recruit, supervise, mentor, and evaluate internal audit staff, fostering professional development and maintaining a high-performing team
  • Promote continuing professional education and certification for audit staff
  • Manage the internal audit budget and allocate resources effectively to achieve audit plan objectives
  • Serve as the primary liaison with external auditors for financial statement audits, federal compliance audits (Single Audit), and NCAA agreed-upon procedures
  • Manage relationships with external firms engaged for specialized audits or consulting services

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