Internal Auditor

Department: Audit and Advisory Services
Salary/Grade: EXS/9

Target hiring range for this position will be between $84,000.00-$88,400 per year. Offered salary will be determined by the applicant's education, experience, knowledge, skills and abilities, as well as internal equity and alignment with market data.

Job Summary:

Northwestern University is a private institution founded in 1851 that encourages innovation and the integration of experience across many fields. This culture positions the University well to lead higher education in the 21st century. Northwestern also offers an unusually broad range of substantive academic opportunities for an institution of its size. The combination of close interschool cooperation and a distinctive academic calendar (the quarter system) enables students and faculty to tailor their education and research individually in innovative ways.

The University is global in its scope, with 12 schools and colleges located on two campuses in Illinois (in Evanston and in Chicago) and one situated in Doha, Qatar. Ranked 9th among national universities by U.S. News and World Report, Northwestern is a multifaceted AAU research university that has a distinguished and distinctive interdisciplinary tradition. Northwestern has approximately 3,780 full-time faculty and 9,988 full-time staff. The University's total student enrollment is approximately 22,000.

Additional information about Northwestern is available at www.northwestern.edu

About the Position/Role Summary:

Northwestern seeks an Internal Auditor to play a pivotal role in helping the University identify and mitigate risk.

Reporting directly to the Director of Internal Audit, the Internal Auditor will execute multiple audits for Northwestern, including: planning, developing, testing, gathering data and documentation; preparing, supporting workpapers; and managing project deadlines. This position will compile audit results and evaluate risks in order to make recommendations to University leadership, including corrective actions, improvement of various processes and procedures, and implementation of compliance and financial controls.

Specific Responsibilities:

• Draft scope memo, work program, and test procedures for audit projects including draft meeting agendas. Execute the preparation of and review supporting workpapers. Prepare detailed, clearly labeled workpapers that record and summarize data on the assigned audit projects through interviews, observation, and inquiry which could include flowcharts, procedural memoranda, etc. Perform audit steps in established programs to evaluate adequacy of controls. Obtain, analyze, and appraise transactions, documents, records, reports, and methods that evidence the efficiency and effectiveness of controls over the process, system, or activity under audit. Collect and analyze sufficient competent evidence to form conclusions. Prepare discussion notes, including audit exceptions, to be used in discussions with financial and/or operating management. Draft reports and facilitate internal reviews.

• Generate objective, practical approaches for improving operating effectiveness and efficiency. Identify enhancements to the audit procedures throughout the audit.

• Discuss findings and recommendations with appropriate financial and/or operational executives. Ascertain that any recommendations proposed are effective and reasonable.

• Edit audit findings and recommendations based on results of the audit and discussions with management.

• Review responses to audit reports and track follow-up action to ensure recommendations have been appropriately addressed.

• Keep the project lead (senior auditor, director, or others) informed of all significant matters in assigned projects.

• Execute audit approach for special projects.

• Gain and maintain a thorough understanding of and compliance with Institute of Internal Auditors (IIA) standards.

Miscellaneous

Performs other duties as assigned.

Minimum Qualifications: (Education, experience, and any other certifications or clearances)

• Bachelor's Degree, preferably in accounting, finance, or another related field
• Minimum of 1-3 years of relevant business experience with an audit focus

Minimum Competencies: (Skills, knowledge, and abilities.)

• Strong leadership; self-starter, takes initiative, with an analytical approach including problem solving skills
• Ability to facilitate teamwork and cooperation at all levels of the organization
• Excellent oral and written communication skills

Preferred Qualifications: (Education and experience)

• CPA and/or CIA certification
• Minimum 1-3 years of internal audit experience with a higher education institution or public accounting firm

Preferred Competencies: (Skills, knowledge, and abilities)

• Experience managing education compliance or regulatory testing.

Benefits:
At Northwestern, we are proud to provide meaningful, competitive, high-quality health care plans, retirement benefits, tuition discounts and more! Visit us at https://www.northwestern.edu/hr/benefits/index.html to learn more.

Work-Life and Wellness:
Northwestern offers comprehensive programs and services to help you and your family navigate life's challenges and opportunities, and adopt and maintain healthy lifestyles.
We support flexible work arrangements where possible and programs to help you locate and pay for quality, affordable childcare and senior/adult care. Visit us at https://www.northwestern.edu/hr/benefits/work-life/index.html to learn more.

Professional Growth & Development:
Northwestern supports employee career development in all circumstances whether your workspace is on campus or at home. If you're interested in developing your professional potential or continuing your formal education, we offer a variety of tools and resources. Visit us at https://www.northwestern.edu/hr/learning/index.html to learn more.

Northwestern University is an Equal Opportunity Employer and does not discriminate on the basis of protected characteristics, including disability and veteran status. View Northwestern's non-discrimination statement. Job applicants who wish to request an accommodation in the application or hiring process should contact the Office of Civil Rights and Title IX Compliance. View additional information on the accommodations process.