Position: Director (Internal Audit & SOX)
Location: Iselin, NJ / Hybrid
Duration: CTH or FTE
Job description:
The role holder is responsible for co-ordinating and supervising the activities of the Internal Audit Unit of the organisation, to ensure effective and efficient internal control systems. Undertake any other duties that may be assigned from time to time.
Key Responsibilities
Develop internal audit policies, procedures, and work standards by applying the appropriate audit methodologies
Conduct comprehensive audit examinations to identify appropriate controls, key business risks, and compliance with state and federal rules and regulations
Prepare complex analysis, studies and reports to ensure audit findings are properly documented and audit evidence is sufficient
Provide training to management on internal controls, business risks, fraud and other related topics
Promote high levels of ethical awareness
Conduct an annual University-wide risk assessment designed to identify the audit universe and measure risk exposure for the University.
Oversee the operations and workflow of the IAAS office.
Conduct Quality Assurance Review once every five years as mandated by Institute of Internal Audit standards.
Supervise and ensure IAAS has adequate resources to complete the internal audit work by hiring qualified staff, providing adequate training and acquiring necessary supplies and equipment.
Coordinating internal audit efforts with external auditors to reduce duplication of audit effort.
Monitor implementation of audit recommendations proposed by Internal Audit, as well as external auditors, to ensure corrective actions have been implemented to mitigate risks
Implement strategic initiatives and directives to support the mission, goals and objectives of the university while fostering a culture of continuous improvement