Director of Internal Audit (Charlotte, NC)


Job description

Description of Work

This is an Exempt Policy-Making position. This position is currently designated as a covered position under the North Carolina State Government Ethics Act (Chapter 138A of NC General Statutes). The individual hired to this position will be subject to the provisions of the Ethics Act as a “covered person” including the need to: (1) Complete a Statement of Economic Interest for evaluation by the State Board of Elections and Ethics Enforcement, if annual compensation is $60,000 or more and (2) Complete a biennial ethics education and awareness program offered by the Board within six months of hire. For more information please visit http://www.ncsbe.gov/Ethics.

THE STARTING SALARY FOR A NEW HIRE TO THIS POSITION IS LIMITED TO THE RECRUITMENT RANGE OF $65,373-$117,589.

The N.C. Department of State Treasurer (DST) has employment opportunities for people with integrity, ability and passion who want to work for a dynamic state agency.

The department serves the people of North Carolina through a variety of functions related to the personal and financial health of the state and its citizens. DST is led by State Treasurer Dale R. Folwell, CPA, who serves as the state’s banker and chief investment officer and is responsible for more than $100 billion in assets.

DST manages the pension plan and retirement systems for more than 900,000 members including teachers, firefighters, law enforcement officers, state and local government employees and other public workers. The department also administers the State Health Plan, which provides health benefits to more than 720,000 members and dependents. In addition, DST provides fiscal assistance and expertise to local governmental units by assisting them in the sale of local government debt obligations and in maintaining strong fiscal procedures, along with managing the NC Cash database that holds approximately $659 million in unclaimed property.
The N.C. Department of State Treasurer has approximately 400 employees working in the following divisions:

Retirement Systems
State Health Plan
Unclaimed Property
State and Local Government Finance
Financial Operations
Investment Management
Information Technology

The N.C. Department of State Treasurer is located on Atlantic Avenue in Raleigh, has free employee parking, and offers a competitive benefit package including free access to a 24-hour/7-day a week gym.

This Position

  • Utilizes a risk-based methodology to develop an annual audit plan to be presented to the State Treasurer and Audit Committee for approval. Manages the internal audit function to ensure audits are executed in an efficient and effective manner. Identifies business risks to the organization, and works with organizational staff to develop processes that minimize risks and encourage efficiency and effectiveness. Consults with divisions within the Treasurer’s Office regarding business risks, control objectives and techniques.
  • Actively participates in the development of enterprise risk methods and practices and has responsibility for monitoring and evaluating the effectiveness of the Department’s risk management via the Enterprise Risk Management (ERM) program.
  • Provides the Treasurer’s Office with consultative support to assist in controlling and enhancing compliance with policies and procedures and identifying and implementing best practices . As part of this responsibility, co chairs the Department’s Compliance, Risk and Ethics subcommittee which is a key component of the Department’s governance structure. Advises the State Treasurer, Chief of Staff and General Counsel on issues related to ethics and compliance, creates an annual Audit plan.
  • Involvement with Audit Committee
  • Develops and provides for regular reporting of internal audit activity to the State Treasurer and Audit Committee.
  • Responsible for planning, coordination and reporting for all meetings of the Audit Committee.
  • Supervises staff of four. Responsibilities include reviewing audit documentation of staff auditors to ensure the audit objectives are fully addressed, testing performed was adequate, and conclusions reached are valid. Provides coaching and feedback as well as developmental opportunities to audit staff. Manages staff development and conduct annual performance evaluations.
  • Other duties as assigned. Includes participation in and management of other projects or directives that may come from the Audit Committee, State Treasurer or executive management.

Knowledge, Skills and Abilities / Competencies

Professional Knowledge

    • Full knowledge of professional fiscal theory, techniques, practices, and procedures. May require knowledge of generally accepted accounting principles and skill in applying this knowledge
    • Full knowledge of local, state, and federal regulations and statutes governing the area of work. Knowledge of applicable information technology to independently perform work
    • Ensure integrity of information systems, internal controls, and data, including recommending modifications as require
    • Apply updated information technology to facilitate program goals and program
    • Considerable knowledge of supervisory practices and skill in supervising others, including communication skills, how to delegate and assign work, how to deal effectively with difficult employees, how to evaluate performance and may assist or conduct investigations and participate in disciplinary actions
    • Working knowledge of state government’s human resources policies and procedures
    • Basic knowledge of strategic planning methodologies and practices

Program Supervision and Administration

      • Coach and facilitate the enhancement of employee competencies as appropriate to the needs of the work unit
      • manage resources effectively to provide for employee training and growth and to meet the operational goals and objectives
      • address quality monitoring and performance improvement issues for the program or area of responsibility
      • review and approve work findings /written reports, often of moderate complexity
      • ensure that fiscal rules and regulations are interpreted correctly
      • Lead the transition from old to new programs
      • Participate in the development and implementation of goals and objectives

Analysis and Decision Making

        • Analyze moderately complex situations to recommend solutions and options and alert leadership to impact on program
        • Recommend response to a moderately complex situation based on interpretation of local, state, and federal regulations and standards
        • Recommend modifications to program policy and procedures to minimize risk

Communication

          • Communicate moderately complex fiscal/programmatic information outside of the organization Interpret fiscal rules and regulations internal to the organization
          • Review and approve written reports, often of moderate complexity
          • Ensure that fiscal rules and regulations are interpreted correctly
          • Develop contacts and relationships with interested parties in order to achieve division/organizational goals
          • Minimum Education and Experience Requirements

 

          • Bachelor’s degree in accounting, business, finance or other discipline related to the area of assignment with 12 credit hours of accounting from an appropriately accredited institution and five years of related professional experience, of which at least three years is in a supervisory capacity; or

 

          • Bachelor’s degree in any field from an appropriately accredited institution and certification / licensure as a certified public accountant, certified internal auditor, certified fraud examiner, certified information system auditor; or related certification/license and five years of related experience including three years of supervisory audit experience; or an equivalent combination of education and experience.

Managers Preference

        • Certification/licensure as a Certified Public Accountant and/or Certification as a Certified Internal Auditor

 

Click here to apply.

 


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