Job Description: Chief Audit Officer
Job Announcement, Posted October 5, 2016
The Chief Audit Officer (CAO) reports functionally to the Chancellor of the University. Additionally, the CAO has a clear and recognized reporting relationship with the Chair of the Audit, Compliance, and Enterprise Risk Management Committee of the Board of Trustees. The CAO also has an administrative reporting relationship with the Vice Chancellor for Business Affairs.
This position leads the Internal Audit Department in the accomplishment of its mission to provide assurance and consulting services to the University and to assist in the management of University risks. The CAO manages a current staff of four professional auditors who along with the CAO make up the Internal Audit department.
Major Duties and Responsibilities
- Develops a flexible annual audit plan using appropriate risk-based methodology, including any risks or control concerns identified by management, and submit that plan to the audit committee for review and approval.
- Implements the annual audit plan, as approved, including, and as appropriate, any special tasks or projects requested by management and the audit committee.
- Maintains a professional audit staff with sufficient knowledge, skills, experience, and professional certifications to meet the requirements of this charter.
- Leads the activities of the department to ensure that all work is performed independently without bias, with due diligence and timeliness, with adequate support for appropriate findings and recommendations provided in well-written reports.
- Establishes a quality assurance program by which the CAO assures the operation of internal auditing activities.
- Performs consulting services, beyond internal auditing’s assurance services, to assist management in meeting its objectives. Examples may include facilitation, process design, training, and advisory services.
- Performs or assists in the investigation of significant suspected fraudulent activities within the organization and notifies management and the audit committee of the results.
- Evaluates and assesses significant new or changing services, processes, operations, and control processes coincident with their development, implementation, and/or expansion.
- Issues periodic reports to the audit committee and management summarizing results of audit activities.
- Keeps the audit committee informed of emerging trends and successful practices in internal auditing, and provides an annual list of significant measurement goals and results.
- Develops appropriate departmental operating procedures.
- Provides assistance to staff of the Office of State Auditor when requested.
- Develops an annual budget request that will provide sufficient training for the Internal Audit Department staff to meet performance expectations; that will obtain the supplies, equipment and technology necessary to execute planned engagements and support routine operations; and that will provide sufficient personnel staffing to meet the audit needs of the University.
- Serves on committees, task forces or other ad hoc groups as requested.
The Chief Audit Officer serves the Board of Trustees and administrators of the University of North Carolina at Charlotte in an independent, objective assurance and consulting role designed to add value and improve the University’s operations. To assist the University in accomplishing its objectives in risk management, internal control, and governance processes, the incumbent must demonstrate key behavioral competencies including, but not limited to:
- Building Organizational Talent: Attracting, developing, and retaining talented individuals; creating a learning environment that ensures associates realize their highest potential, allowing the organization as a whole to meet future challenges.
- Communicating with Impact: Expressing thoughts, feelings, and ideas in a clear, succinct, and compelling manner both in individual and group situations; adjusting language to capture the attention of the audience.
- Cultural Interpersonal Effectiveness: Demonstrating an understanding of and effective adaptation to varying interpersonal styles and norms across cultures; taking actions to minimize the stresses of cross-cultural experiences and using them as opportunities for growth.
- Driving for Results: Setting high goals for personal and group accomplishment; using measurement methods to monitor progress toward goal attainment; tenaciously working to meet or exceed those goals while deriving satisfaction from the process of goal achievement and continuous improvement.
- Executive Disposition: Conveying an image that is consistent with the organization’s values; demonstrating the qualities, traits, and demeanor (excluding intelligence, competence, or special talents) that command leadership respect.
- Influencing Others: Using appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifying one's own behavior to accommodate tasks, situations, and individuals involved.
- Managing the Job: Effectively controlling one’s job by planning time or priority goals, requirements, and areas of opportunity.
- Positive Disposition: Demonstrating a positive attitude in the face of difficult or challenging situations; providing and uplifting (albeit realistic) outlook on what the future holds and the opportunities it might present.
- Reading the Environment: Demonstrating broad organizational awareness by accurately perceiving organizational, political, and social dynamics and trends.
- Stress Tolerance: Maintaining stable performance under pressure or opposition (such as time pressure or job ambiguity); handling stress in a manner that is acceptable to others and to the organization.
- Team Development: Using appropriate methods and interpersonal styles to develop, motivate, and guide a team toward successful outcomes and attainment of business objectives.
Essential Qualifications for the Position:
- A Master’s degree, or BS Degree in Accounting or related field and equivalent experience.
- A professional certification as either a Certified Public Accountant, a Certified Internal Auditor, or comparable certification.
- Five years of audit experience, preferably in higher education.
- Experience as an audit manager.
- Supervisory experience.
- Strong oral and written communication skills;
- Must demonstrate the highest level of integrity and honesty.
Desirable Qualifications for the Position:
Preference will be given to candidates with an MBA or a Master’s in Accountancy degree, and/or certification as a Certified Public Accountant, or Certified Internal Auditor.
UNC Charlotte is an AA/EEO employer.
Candidates are subject to a criminal background check.
Salary is commensurate with the skills and experience of the successful candidate.
Post a letter of interest; a current resume detailing work experiences, education, certifications, and training; and full contact information for three (3) work-related references at: https://jobs.uncc.edu (Pos. No. 126)
Review of applications will begin immediately and will continue until the position is filled.
This job description also is available as a PDF.