We are hiring an Auditor (Job Opening ID 366820), Senior Auditor I (Job Opening ID 366816), Senior Auditor II (Job Opening ID 366816), or Principal Auditor (Job Opening ID 366787). Depending on qualifications and experience and our good faith evaluation, you'll be hired into one of the following jobs and receive the respective benefits package as stated below. 

This job could be based at the University of Minnesota Duluth or at the University of Minnesota Twin Cities. However, the position has system-wide responsibilities for all University locations and activities. This is a hybrid position.

These positions are responsible for performing internal audit work throughout the University of Minnesota system. The University encompasses a wide array of diverse activities including academic support functions, sponsored research, large-scale business operations, academic health care, intercollegiate athletics, and municipal/utility operations. The complexity and size of audit assignments will vary significantly and will encompass audits of University units and processes, investigations, and other special projects.

Incumbents are expected to be able to demonstrate proficiency in performing internal audit work that conforms to the Institute of Internal Auditorâ™s professional standards. Work assigned to incumbents will normally be defined, but work direction and scope may be at a high-level and require additional research and refinement by the incumbent. It is expected this work will be carried out with limited supervision. Decisions regarding the scope of work to be performed, the nature of testing to be completed, and the reporting and disposition of results will be delegated to this position with oversight by supervisors or directors.

Essential Responsibilities:

1. (~25%) Perform engagement management activities associated with audits of University units or processes. This will include:

• Managing work assignments and evaluating work product of staff assigned to the audit. This includes being responsible for ensuring the work product is complete, logical and complies with both the Institute of Internal Auditorâ™s professional standards and department practices. 
• Ensuring staff are using appropriate audit judgment when drawing conclusions and evaluating the significance of audit findings. 
• Coaching staff regarding completion of audit processes, evaluation of the units and business processes being reviewed, and creation of recommendations.
• Coordinating work effort and communication with line management responsible for assigned areas.
• Performing reviews of othersâ™ audit work to ensure it contains relevant facts to support audit scope and conclusions and adhere to internal audit policies and procedures.
• Managing client interaction during course of audit. 
   

2. (~25%) Plan audits of all levels of complexity with minimal supervision from audit management. The plans and procedures are to be developed using a risk-based methodology and with recognition of the limited resources available for each engagement. This will include:

• Collecting background material needed through a variety of mechanisms including interviews and data queries 
• Summarizing discoveries during the planning process. 
• Drafting engagement letters, audit programs, time budgets and work schedules 

3. (~25%) Communicate the results of the audit work performed, using both verbal and written skills. This will include:

• Developing and documenting findings and recommendations that properly address risks and conclusions. 
• Meeting with the audit client(s) to discuss both the preliminary and final audit results.
• Using appropriate audit judgment in evaluating the significance of audit findings and the impact/risk of the issue.
• Drafting the initial report in a clear, concise manner to effectively communicates results to relevant levels of management. 
• Ensuring recommendations made are both actionable and cost-effective.

4. (~25%) Perform audit testing of both University units and processes to evaluate the efficiency and effectiveness of internal control, risk management and governance processes with minimal supervision from audit management. This includes assessing whether:

• Risks are appropriately identified and managed by the process owners and/or University management.
• Employeesâ™ actions are in compliance with policies, standards, procedures, and applicable laws and regulations.
• Resources are acquired economically, used efficiently, and adequately protected.
• Programs, plans, and objectives are achieved.
• Quality and continuous improvement are fostered in the Universityâ™s control processes.
• Significant legislative or regulatory issues impacting the University are recognized and addressed appropriately.

Other Responsibilities

• Conduct follow-up work to determine the status of prior recommendations made to management.
• Complete training and other activities to maintain and enhance professional skills and abilities.
• Gather, review, and assess audit evidence as part of investigating allegations of misconduct.
• Perform basic audit work related to information technology matters. This will include, but is not limited to: physical security, change control, access controls, disaster recovery and application reviews.
• Providing consultative advice and recommendations to business areas and clients to improve processes and controls as needed.

Qualifications: 

• A bachelorâ™s degree and six or more years of audit experience are required, with a major in accounting, finance, management, or similar business emphasis preferred. 
• Professional certification (e.g., CPA, CIA, CFE) and/or an advanced degree is highly desired.

About University of Minnesota Twin Cities

The University of Minnesota, founded in the belief that all people are enriched by understanding, is dedicated to the advancement of learning and the search for truth; to the sharing of this knowledge through education for a diverse community; and to the application of this knowledge to benefit the people of the state, the nation, and the world.

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