Virginia State University seeks an accomplished internal audit professional to serve as Chief Audit Executive (CAE). The CAE will lead, manage, and organize all aspects of VSUâs internal audit function. This position reports administratively to the President of the University and functionally to the Chair of the Facilities, Finance, and Audit Committee (FF&A) of the Board of Visitors. The CAE will lead an internal audit function that is charged with reviewing strategic, financial, operational, information technology, and management risks, and will advise regularly both the senior administrative leaders of the University and the Audit Committee of the Board on high-risk findings and potential opportunities to improve business processes. While maintaining independence and objectivity, the CAE will continue to evolve internal auditâs constructive, consultative approach to solving problems and strengthening management at the University. S/he will construct a risk-based model of internal audit and will coordinate the work of internal audit with the work plans of the Universityâs Enterprise Risk Management (ERM) program, Commonwealth of Virginiaâs compliance programs, and external auditors. DUTIES AND RESPONSIBILITIES: Plans, documents, and communicates the Annual Internal Audit Plan. Conducts risk assessments and develops risk management plans. Provides consultation to the Board, President, and executive management on the Universityâs financial accounting and reporting processes, assess the effectiveness of the systems of internal control and risk management, governance, internal and external audit processes, and the Universityâs process for monitoring compliance with laws, and regulations and Code of Ethics. Conducts audits in accordance with Government Audit Standards. Ensures that the audit strategy, resources of the internal audit department are aligned and are consistent with the Universityâs objectives and Board policy. Establishes appropriate policies and procedures to guide the internal audit function, and ensures the quality of the audit/assurance services provided. Performs or manages the production of risk analysis. Ensures that risk assessments are done at least annually; establishes risk-based audit plans to set out the priorities of the internal audit function and that the plan is consistent with the objectives of the University. Coordinates internal auditing activities and plans with other internal and external providers of assurance and consulting activities to ensure proper coverage and minimize duplication of effort. Communicates plan of engagements and resource requirements for the internal audit function, including significant changes to the FF&A committee. Ensures that internal audit resources are appropriate, sufficient and effectively deployed to achieve the internal audit plan approved by the FF&A committee or the Board. Ensures that internal auditors have appropriate professional qualifications and skills, and opportunities for sufficient training and development to maintain and develop their internal auditing competence and to obtain appropriate internal audit certifications. Ensures the timely completion of internal auditing engagements. Ensures that reports on internal auditing engagements are provided to the audit committee with a minimum of delay. Provides an annual holistic opinion on the effectiveness and adequacy of risk management, control, and governance processes. VIRGINIA STATE UNIVERSITY IS AN EQUAL OPPORTUNITY EMPLOYER. WOMEN, MINORITIES, PERSONS WITH DISABILITIES, AND VETERANS ARE ENCOURAGED TO APPLY.
Building a Better World Since 1882 Virginia State University, founded in 1882, is one of Virginia's two land-grant institutions, and is located 20 minutes south of Richmond in the village of Ettrick. With a current student population of approximately 4,600, the University sits atop a rolling landscape overlooking the Appomattox River with expansive views of Petersburg. Our 231-acre campus boasts ...11 residence halls, 18 academic buildings and a 412-acre agriculture research facility.
At VSU, we are proudly committed to providing a transformative experience for our students, strategically investing in our academic programs, embracing our position as a top land-grant university, embracing our role as Virginia’s Opportunity University, and partnering together as a University to tell our story.