Senior Internal Auditor

UMass President's Office; Boston (MA); Hybrid; USD 85,000 - 115,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

UMass President's Office seeks a Senior Auditor to support Internal Audit by performing risk assessments, planning audits, testing controls, and reporting findings. The role involves complex financial, operational and compliance audits, investigations and consulting projects.

This position requires independence, strong analytical skills, and the ability to communicate with administrators, faculty and staff. Westborough-based with hybrid work.

Qualifications

• Five or more years of audit experience with at least 3 years of financial and operations audit experience or other relevant experience.
• Bachelor's degree in accounting, finance, business administration, or related discipline.
• Pursuing CIA, CPA, CFE or other relevant audit certification.
• Knowledge of the Standards and ability to apply various audit methods, concepts and tools.
• Understands IT concepts, practices and controls.
• Two years or more of experience writing audit reports.
• Ability to understand new and complex operations and assess controls.
• Strong analytical skills and inquisitive.
• Ingenuity and persistence to obtain information not readily available with an eye for detail.
• Ability to work independently and execute research; practically apply various audit methods, concepts and tools.
• Excellent interpersonal, communication, written and oral, and team building skills.
• Proficiency in Microsoft Office Suite, including Word, Excel, Visio and PowerPoint.

Responsibilities

• With Internal Audit Management, determine audit scope, objectives and key risks.
• Independently plan all aspects of audits, including preparing audit programs, testing and reporting.
• Independently perform audit procedures, including interviews with University personnel, tests of internal controls and compliance with applicable regulations, policies and procedures.
• Supervise fieldwork and provide guidance to staff.
• Follow-up on test exceptions to determine validity.
• Analyze audit evidence and evaluate adequacy of controls.
• Organize workpapers to support conclusions.
• Prepare audit observations recommendations for improvement and draft audit reports and memos.
• Communicate scope, objectives, audit observations and conclusions to all levels of Management.
• Draft audit reports and memos
• Interact and consult with administrators, faculty, and staff, and with external audit firms and agencies and law enforcement as needed.
• Follow-up on management's action plans.
• Perform consulting and special assignments as assigned by Internal Audit Management.
• Investigate allegations of financial fraud, waste and abuse among other allegations received by or referred to Internal Audit.
• Participate in interviews as part of investigations into allegations of fraud.
• Perform special assignments and other duties as assigned by Internal Audit Management
• Manage time to efficiently work on, meet milestones and complete several assignments simultaneously within budgeted time.
• Provide guidance to and help develop junior staff.
• Keep abreast of institution policies and procedures, current developments in IT and auditing, as applicable
• Efficiently execute research.
• Think critically and exercise professional skepticism, judgment and discretion.
• Effectively learn the business of higher education via on the job training.

Skills

Audit experience

Standards knowledge

IT controls

Audit reporting

Analytical thinking

Analytical skills

Independent work

Communication

MS Office

Fraud investigations

Interpersonal skills

Attention to detail

Education

Bachelor's degree

CIA/CPA/CFE pursuit

Higher education exposure

Tools

Electronic workpapers

PeopleSoft

Tableau

ACL

Office software (Word/Excel/Visio/PowerPoint)

Job description

Pay Range:

The UMass President's Office expects to pay within an approximate hiring range between $85,000 - $115,000 for this position. The specific pay for this position will be determined by the University based on consideration of all relevant factors when and if it decides to extend an offer of employment.

Primary Work Location:

Westborough, MA. Hybrid schedule

Job Summary:

The Senior Auditor supports Internal Audit's goals by performing risk assessments, planning and evaluating the adequacy and effectiveness of the University's operations, compliance with policy and regulations, and systems of internal control. Assignments will include, but not be limited to, conducting financial, operational and compliance audits, consulting services, investigations and various projects.

The Senior Auditor is responsible for performing complex audit assignments and other projects in accordance with policies established by the University Board of Trustees, The Institute of Internal Auditors' Standards for the Professional Practice of Internal Auditing and Code of Ethics ("Standards"), fraud examination best practices, Internal Audit Policies and Procedures and applicable other standards and regulations.

Essential Functions:

• With Internal Audit Management, determine audit scope, objectives and key risks.
• Independently plan all aspects of audits, including preparing audit programs, testing and reporting.
• Independently perform audit procedures, including interviews with University personnel, tests of internal controls and compliance with applicable regulations, policies and procedures.
• Supervise fieldwork and provide guidance to staff.
• Follow-up on test exceptions to determine validity.
• Analyze audit evidence and evaluate adequacy of controls.
• Organize workpapers to support conclusions.
• Prepare audit observations recommendations for improvement and draft audit reports and memos.
• Communicate scope, objectives, audit observations and conclusions to all levels of Management.
• Draft audit reports and memos
• Interact and consult with administrators, faculty, and staff, and with external audit firms and agencies and law enforcement as needed.
• Follow-up on management's action plans.
• Perform consulting and special assignments as assigned by Internal Audit Management.
• Investigate allegations of financial fraud, waste and abuse among other allegations received by or referred to Internal Audit.
• Participate in interviews as part of investigations into allegations of fraud.
• Perform special assignments and other duties as assigned by Internal Audit Management
• Manage time to efficiently work on, meet milestones and complete several assignments simultaneously within budgeted time.
• Provide guidance to and help develop junior staff.
• Keep abreast of institution policies and procedures, current developments in IT and auditing, as applicable
• Efficiently execute research.
• Think critically and exercise professional skepticism, judgment and discretion.
• Effectively learn the business of higher education via on the job training.

Other Functions:

• Perform special assignments and other duties as assigned.

Minimum Qualifications (Knowledge, Skills, Abilities, Education, Experience):

• Five or more years of audit experience with at least 3 years of financial and operations audit experience or other relevant experience
• Bachelor's degree in accounting, finance, business administration, or related discipline
• Pursuing CIA, CPA, CFE or other relevant audit certification
• Possess knowledge of the Standards and ability to apply various audit methods, concepts and tools
• Understands IT concepts, practices and controls
• Two years or more of experience writing audit reports
• Ability to understand new and complex operations and assess controls
• Strong analytical skills and inquisitive
• Ingenuity and persistence to obtain information not readily available with an eye for detail
• Ability to work independently and execute research; practically apply various audit methods, concepts and tools
• Excellent interpersonal, communication, written and oral, and team building skills
• Proficiency in computer software such as Microsoft Office Suite, including Word, Excel, Visio and PowerPoint

Preferred Qualifications (Knowledge, Skills, Abilities, Education, Experience):

• Four or more years of financial and operations audit experience
• Attained CIA, CPA, CFE or other relevant audit certification
• Experience with electronic audit workpaper technology
• PeopleSoft experience
• Tableau or ACL experience
• Higher education experience
• Experience performing fraud investigations and interviewing personnel

Working Conditions:

• Must be able to independently travel to all UMass campuses, the Boston central office and other University locations
• Typical office environment
• May require occasional hours on nights and weekends

Additional Details:

All offers are contingent on the successful completion of a background check.