Job Description

University of Utah Job Description

Job Summary

Performs audits and special management studies by conducting independent reviews of University departments and functions. Prepares results of findings and recommendations for the president, the Board of Trustees, Commissioner of Higher Education, and members of the Board of Regents Audit Review Subcommittee.

Qualifications

Bachelor's Degree in Accounting or a related field, or equivalency; four years of professional business experience, with at least two years of professional auditing experience; and demonstrated human relations and effective communications skills required.

Master's Degree and/or professional certification (Certified Public Accountant, Certified Internal Auditor) preferred.

Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description.

Disclaimer

This job description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.

Essential Functions

1. Investigates alleged employee fraud and determines the resulting monetary losses, if any, for use in legal action and insurance recovery purposes.
2. Investigates and recommends courses of action to lessen exposure to disallowance of federal funds to the University, which can impact the information flow between several departments and major information systems of the University.
3. Analyzes the reasons for financial operating losses within departments and develops recommended courses of action.
4. Evaluates the adequacy of financial reports provided to directors of departments under audit, and evaluates whether information systems - computerized and manual - are efficient and provide accurate, timely information.
5. Accumulates accurate data to support audit findings, conclusions, and recommendations in an efficient manner.
6. Determines audit issues worthy of concern and analysis, develops and articulates practical recommendations, and communicates results to management, both verbally and in written form.
7. Provides supervision and support to the Assistant Internal Auditors as project progresses.

Problem Solving

The incumbent has the authority to independently make numerous judgments required during the performance of audit and analyst projects. These judgements may include designing and executing audit tests; determining the most efficient methods of applying audit techniques; determining test results and the corresponding audit conclusions; identifying areas of weakness; and developing sound audit recommendations. Maintaining the technical expertise to effectively evaluate the activities of a wide variety of departments is one of the most challenging elements of this position. This requires constant development of knowledge regarding computer information systems, effective business practices, applicable laws and policies (state law, Board of Regents policies, University policies), accounting procedures, and desirable internal controls in a variety of business settings.

The incumbent is also given considerable freedom to schedule and coordinate assigned projects, and control through completion. He/she also has the authority to recommend personnel actions pertaining to assistant internal auditors.

The scope of individual audits includes testing and evaluation of controls over all applicable funds, including payroll. The funds reviewed and tested range into the millions for most audits.

Comments

This position involves a wide range of activities including planning and executing audit and analyst projects, discussing audit issues with various administrators, analyzing accounting and other financial information, evaluating policies and procedures, gathering information through interviews and observation, computer data retrieval and analysis, etc.

Work Environment and Level of Frequency typically required

Nearly Continuously: Office environment.

Physical Requirements and Level of Frequency that may be required

Nearly Continuously: Sitting, hearing, listening, talking.

Often: Repetitive hand motion (such as typing), walking. 

Seldom: Bending, reaching overhead.