Chief Internal Auditor: Governance, Risk & Public Finance

Illinois Finance Authority/Climate Bank; Chicago (IL); On-site; USD 130,000 - 140,000; Full time

Job summary

Illinois Finance Authority in Chicago invites applications for Chief Internal Auditor. The role leads a full-time internal audit function, reporting to the Executive Director, with a five-year appointment and access to the governing board.

The Chief Internal Auditor will establish risk-based plans, ensure compliance with the Illinois Fiscal Control and Internal Auditing Act, and provide independent consulting to improve governance and controls.

Qualifications

• Bachelor's degree required; CIA or CPA licensure preferred or four/five years auditing experience.
• Demonstrated knowledge of internal auditing principles, controls, risk assessment, and ethics.
• Ability to plan, supervise, and report on complex audits; communicate with executives and boards.

Responsibilities

• Develop and manage an independent full-time internal audit function with integrity and transparency.
• Create a risk-based two-year internal audit plan and obtain Executive Director approval.
• Audit major accounting and administrative controls at least every two years.
• Evaluate compliance with laws, regulations, policies, and fund safeguarding.
• Audit and assess grants for proper monitoring and accounting.
• Review new systems for audit trails and internal controls before implementation.
• Conduct special audits as directed by leadership or the board.
• Prepare the annual written report required by the Act and track corrective actions.
• Report findings to leadership and the board; monitor action plans.
• Provide independent consultation on internal audit matters; maintain professional relationships.
• Establish policies, procedures, work papers, QA practices, and reporting protocols.

Skills

Auditing principles

Internal controls

Risk assessment

Communication skills

Report writing

Education

Bachelor's degree

CIA certification

CPA licensure

Job description

Illinois Finance Authority in Chicago invites applications for Chief Internal Auditor. The role leads a full-time internal audit function, reporting to the Executive Director, with a five-year appointment and access to the governing board.

The Chief Internal Auditor will establish risk-based plans, ensure compliance with the Illinois Fiscal Control and Internal Auditing Act, and provide independent consulting to improve governance and controls.