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Director - Internal Audit

Company: WellSpan Health
Location: York
Posted on: May 16, 2022

Job Description:

General Summary:
Under the general supervision of the Deputy General Counsel for Risk and Compliance, plans, organizes and performs ongoing independent audits and appraisals of operational, financial and data processing systems and controls for WellSpan Health. Provides evaluations and recommends action to be taken to correct weaknesses and to improve systems. Monitors state and federal regulations and legislation and assesses organizational impact. The Director of Internal Audit is responsible for the direction and leadership of operational, financial, programmatic, and personnel activities for Internal Audit Department. This includes performing advanced, specialized and/or managerial auditing work in multiple disciplines, managing complex audits and performing critical project management duties in the planning, scheduling, coordinating, reviewing, and reporting of the audit work, and providing expertise in auditing standards and performance criteria. While the range of duties and responsibilities is broad and varied, the position's major responsibility is directing the day-to-day operations, conducting and supervising field audits, and maintaining alignment with the strategic goals and objectives for WellSpan Health. The scope of internal auditing encompasses the examination and evaluation of the adequacy and effectiveness of WellSpan Health's governance, risk management, and internal controls.
Duties and Responsibilities:

  • Guides the development and implementation of short and long-range goals and objectives for assessing organizational controls and risk management. Provides leadership and expertise in the development, implementation, oversight, and evaluation of a comprehensive risk-based audit plan for evaluating the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard company's assets, and compliance with laws and regulations. Incorporates best practices and responds to emerging trends to enhance operations, programs, and/or services. Implements and evaluates strategic programs, develops effective tools to measure performance, analyzes related data, prepares reports, and makes recommendations to senior leadership based on findings.
    • Supervises internal audit program by review of all processes and procedures, confirmation of accounts, inspection of physical operations, and detection, investigation and prevention of fraud.
      • Advises management when current practices are not consistent with policies, or fail to provide necessary controls or factual records. Collaborate with key stakeholders to understand and keep abreast of WellSpan strategic objectives and enterprise risks and confirm alignment to Internal Audit focus and priorities.
        • Schedules audit work of assigned staff to obtain greatest coverage at minimum cost.
          • Investigates and recommends action to be taken when control, operational weaknesses and/or compliance issues are found. Monitors implementation of recommended corrective action and performs follow up reviews where necessary.
            • Recommends new or improved methods, policies and procedures to strengthen or improve controls or the performance of various System functions. Assists in the establishment of policies and procedures to ensure adequacy of internal controls and effectiveness in providing internal audit services across the system
              • Develops annual Audit Plan for approval by the Vice President and Chief Compliance Officer.
                • Maintains an internal audit schedule and verifies that all operations are receiving periodic examinations to determine adherence to policies and protection of assets.
                  • Determines if EDP procedures conform to policies and standards. Confirms all Internal Audit activities adhere to the International Standards for the Professional Practice of Internal Auditing as promulgated by the Institute of Internal Auditors.
                    • Establishes and maintains rapport with external auditors.
                      • Meets regularly with the Compliance Committee to report the status of Internal Audit's ongoing monitoring activities, educate/inform the committee of emerging risks and/or exposures (whether internal or external to the company) that should be considered, and serve as a "thought leader" with respect to risk management and internal control best practices.Qualifications
                        • Minimum Experience:
                          • Minimum of 7 years business experience; 5 years auditing, or accounting experience
                            • Minimum Education:
                              • Bachelor's degree in Business Administration, Accounting, or related field
                                • Minimum Field Of Expertise:
                                  • Audit
                                    • Preferred Education:
                                      • Master's Degree
                                        • Preferred Courses:
                                          • Accounting
                                            • Required Certification:
                                              • Certified Public Accountant (CPA); or Certified Internal Auditor (CIA); or Certified Healthcare Internal Audit Professional (CHIAP); or Certified Information Systems Auditor (CISA).

Keywords: WellSpan Health, Baltimore , Director - Internal Audit, Accounting, Auditing , York, Maryland

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