Executive Director of the Office of Audit, Risk and Compliance; and Chief Audit Executive

Details

Posted: 13-Apr-24

Location: Athens, Ohio

Salary: Open

Categories:

Other Staff/Administrative
Staff/Administrative

Internal Number: 49491

Job Description:

The Executive Director and CAO is responsible for overseeing the university's collective risk mitigation efforts including risk management, compliance, and internal audit. OARC aims to protect organizational value by providing risk-based assurance and advisory services through its audit, enterprise risk management, and compliance efforts. This position provides strategic leadership and direction to ensure that the university's operations are conducted in compliance with all relevant laws, regulations, and internal policies, and effectively managing and mitigating internal and external risks to the university. In the role of Executive Director this person reports directly to the President and in the role of Chief Audit Executive this position reports directly to the Chair of the Audit and Risk Management Committee.
Primary Accountabilities:
1. Directs the activities of the Internal Audit department to utilize best practice tools and procedures to provide assurance to senior management and members of the Board of Trustees' Audit and Risk Management Committee that units are operating in compliance with applicable laws, regulations, and university policies. Conducts regular operational audits and ongoing reviews of internal controls related to policy, law, and regulatory requirements. Conducts continual risk assessments and makes changes to audit plans, as necessary, in response to shifting perceptions and outcomes of risk. The CAE synthesizes information from systems, institutional policy and procedure, departmental practice, industry trends, and best practices in a cohesive assessment of processes so that control deficiencies are identified, operational efficiencies can be determined, and appropriate recommendations can be developed to assist management in improving operations.
2. Directs and oversees the staff and activities of the compliance and privacy functions within OARC to provide leadership, education, and some monitoring activities in the areas assigned to the Chief Privacy Officer and in the Compliance Director's assessment of institutional compliance with applicable university policies and procedures and Federal, State, local or international laws and regulations. Addresses potentially serious compliance issues and advises management on possible compliance risks through open communication channels and direct access to the Audit and Risk Management Committee. Assesses and develops key compliance metrics and establishes a method for tracking them.
3. Oversees and facilitates a collaborative, enterprise-wide approach to Enterprise Risk Management (ERM) at Ohio University. Responsible for stakeholder engagement, which includes outreach, training, facilitated risk discussions, and assistance in developing and monitoring risk treatment plans within the university's risk register. Maintains an ongoing awareness of emerging external and internal risks and opportunities. This position will not be responsible for setting the institution's risk tolerance, accepting risk on behalf of management, or serving as a risk owner for any identified risk.
4. Oversees operation of the university's ethics hotline and conducts regular investigative audits, including those resulting from allegations of improper or fraudulent actions such as violations of state law, waste of public funds and/or non-compliance with law or policy. In the case of those audits, the position must be able to act objectively and independently, and if applicable, with the cooperation of law enforcement to review and assess whether allegations have merit or require corrective action(s). The CAE also oversees the external auditor selection process every five (5) years and coordinates audit interactions each year with the State Auditor's Office and the external audit firm.
5. Other duties as assigned by The President and/or the Chair of the Audit and Risk Management Committee.

Minimum Qualifications:

• An earned bachelor's degree in accounting, business, or related field.
• Certified Public Accountant (CPA) or Certified Internal Auditor (CIA).
• Eight or more years of related work experience.
• Eight or more years of supervisory or managerial experience.

Preferred Qualifications:

• Master's degree in accountancy, business, or related field.
• Certified Information Systems Auditor (CISA).
• Certified Fraud Examiner (CFE).
• Certified Compliance & Ethics Professional (CCEP).

Planning Unit: Office of the President

Department: Internal Audit

Applicants may contact this person if they have questions about this position: Carly Leatherwood, [email protected]

Employment Type: full-time regular

Advertised Salary:

The salary is commensurate with the selected candidate's education and experience. Relocation allowance or Sign on Bonus of up to 10% of the base salary may be available.
Ohio University is proud to offer a robust healthcare plan that includes maternity care, transgender care, counseling and mental healthcare, prescription coverage, vision, dental, orthodontia care, and more. Our robust benefits package also includes paid holidays, sick time, personal time, a tuition waiver up to 100% for self and dependents, an excellent retirement plan with up to a 14% employer contribution, a 12-week parental leave program, adoption reimbursement, flextime and flexplace policies, an employee assistance program, access to professional development programs, and additional employee resources. Additional information is available at https://www.ohio.edu/hr/benefits .

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About Ohio University
Ohio University is home to one of the nation’s friendliest and most picturesque campuses. But more importantly, it’s where you can become part of a two-century tradition of excellence and embark upon a rewarding career that will make a real difference. From teaching and research to admissions, facilities maintenance, and residence life, our faculty and staff propel Ohio University’s mission of helping students become their best selves. OHIO offers competitive compensation and outstanding benefits. For a complete list of employment opportunities, please visit www.ohiouniversityjobs.com.Ohio University is an equal access/equal opportunity affirmative action institution. For more information about Ohio University’s policies prohibiting discrimination and harassment, visit www.ohio.edu/equity.
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