Compliance and Internal Controls Auditor

FLSA:
Exempt (Salaried)

Department: Finance and Accounting

Direct Supervisor: Chief Financial Officer

The Compliance and Internal Controls Auditor is responsible for developing, executing, and overseeing a comprehensive audit program to ensure the organization's adherence to all relevant laws, regulations, and internal policies. This role involves planning and performing internal audits, coordinating external audits, assessing the effectiveness of internal controls, and providing strategic guidance to improve operational efficiency and mitigate risk.

Audit Planning and Execution Conduct a broad range of operational, financial, and IT system audits in accordance with professional standards. Evaluate the effectiveness of internal controls and risk management procedures to identify control gaps, inefficiencies, and fraud risks. Develop an annual risk assessment to establish the ASI Audit Plan annually. Develop and maintain internal audit policies, procedures, objectives, and methodologies. Coordinate and prepare for all external audits, including the annual financial audit, those conducted by external agencies, and internal reviews conducted by CSUF and the Chancellor's Office.

Review audit findings, prepare management's response, and work with departments to implement necessary corrective actions. Provide internal audit services to departments, including reviewing prior audit findings and assisting with investigations as appropriate.

Compliance Analysis and Monitoring Monitor the regulatory landscape and maintain an up-to-date knowledge of relevant laws, regulations (e.g., GAAP, CSU Chancellor's Office policies, HR regulations), and professional standards. Conduct compliance checks and risk assessments, including audits of grants, contracts, and subcontracts. Review internal policies and procedures to ensure their effectiveness in mitigating compliance risks. Assist in the analysis of proposed legislation and regulations that may impact the organization.

Reporting and Communication Prepare comprehensive audit and compliance reports that detail findings, conclusions, and actionable recommendations. Review audit results with departments and management and explain the basis for any exceptions or findings. Present the results of audit work and recommendations to management and the Audit Committee. Follow up on audit and compliance findings to ensure that all necessary corrective actions are taken and that they are effective.

This includes reporting to senior management on the status of open recommendations.

Collaboration and Advisory Serve as a primary liaison with CSUF Auditor, external auditors and regulatory bodies. Work collaboratively with various departments, including Finance, HR, and IT, to ensure a comprehensive approach to risk management. Provide guidance and consultation to administrators and staff on operational, administrative, and compliance-related issues. Maintain a high degree of independence and objectivity in all work and report findings directly to the Chief Financial Officer, Executive Director and the Audit Committee as needed.

Supervisory Duties: Directly Supervises: none

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• A minimum of 3-5 years of experience in internal audit, compliance, or a related field.

Professional certifications such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Compliance & Ethics Professional (CCEP) are preferred.

Auditing Principles:
Deep knowledge of internal and external auditing standards, including the International Professional Practices Framework (IPPF) issued by the Institute of Internal Auditors.

Risk Management:

Thorough understanding of governance, risk management, and internal controls concepts. Knowledge of various risk assessment methodologies to prioritize audit activities. Regulatory Compliance:
Comprehensive knowledge of relevant federal, state, and local laws and regulations specific to the organization's industry…