Internal Auditor

Georgetown University

5d•$47,586 - $87,558•Hybrid

About The Position

Reporting to the Internal Audit Manager (Manager), this client-facing position will be responsible for planning and executing audits to evaluate financial, compliance, and operational risks and related internal controls. This position will work with the Manager, Chief Audit Executive (CAE), and the University’s co-sourced internal audit services firm to ensure successful completion of the audit plan and other internal audit activities. This unique role will provide exposure to a variety of areas in a university setting, including operations, research, academics, and athletics.

Requirements

Bachelor’s degree in Accounting or Business, or related field
0 to 4 years of External Audit, Internal Audit, or related Risk experience
Track record of risk assessment, problem identification, analytical problem solving, and issue resolution.
The ability to learn quickly with strong foundation in understanding and assessing processes and controls
Excellent written/verbal communication skills with the ability to regularly present to groups
Availability and willingness to work as needed outside of usual business hours of Georgetown University.
Travel between Georgetown campuses, potential for international travel to Georgetown campuses and work locations

Nice To Haves

Public accounting experience
Not-for-profit, Higher Education and/or Healthcare industry experience
Certified Public Accountant (CPA) or Certified Internal Auditor (CIA)
Experience with Microsoft Office and audit tools (e.g., Tableau, PowerBI) and Artificial Intelligence.
Knowledge of higher education systems, applications, and software including Banner, WorkDay, and GMS.

Responsibilities

Assist the CAE and IA Manager in developing and implementing a comprehensive annual audit plan, which includes operational and financial audits, internal control reviews, management advisory services, and other projects undertaken by the Internal Audit department.
Identify and assess financial, compliance, and operational risks, and their reputational components, and evaluate the effectiveness of policies, procedures, systems, and internal controls to mitigate these risks.
Understand current manual and automated operating processes and related internal controls operating centrally and at the unit level through research, interviews, observation, and testing and be able to effectively capture these in process flows and/or narratives.
Test transactions (utilizing automated and/or traditional auditing methods) and analyze results to identify the themes and underlying root causes.
Develop practical and effective solutions to improve processes, systems, and the control environment and agree corrective action with management.
Prepare written reports that provide perspective and summarize observations that effectively communicate issues, control deficiencies, and additional opportunities to improve and mature processes and controls. These reports will also summarize the agreed-upon risk mitigation activities.
Perform activities that include interviews, inspection, and testing to determine the implementation status of agreed-upon action items.
Monitor project status and issues on a timely basis and report progress and issues
Work in a team independently, and interact appropriately with all levels of personnel, building working relationships, and establishing a network of internal and external contacts.
Utilize Artificial Intelligence to optimize audit processes, such as rapidly parsing complex higher education regulations, summarizing university policies, and accelerating audit report drafting and to continuously monitor university financial and operational transactions
Demonstrate a strong understanding of the Higher Education industry and proactively monitor and communicate industry trends and risks.
Perform assigned duties in accordance with the Global Internal Audit Standards established by the Institute of Internal Auditors and apply and uphold the following principals of ethics and professionalism.
Demonstrate Integrity: Adherence to moral and ethical principles, including demonstrating honesty and courage to act based on relevant facts regardless of potential adverse personal or organizational consequences.
Maintain Objectivity: Unbiased mental attitude that allows internal auditors to make professional judgements, fulfill their responsibilities, and achieve the purpose of internal auditing without compromise.
Demonstrate Competence: Developing and applying the knowledge, skills, and abilities to provide internal audit services through professional development, ongoing improvement plans, and continuing professional education requirements.
Exercise Professional Due Care: Planning and performing audits with the diligence, judgement, and skepticism possessed by prudent and competent internal auditors.