Title: Director of Audit Level: 1551
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Job Summary:
Under the direction of the Chicago Park District’s Inspector General, the Director of Audit provides strategic leadership and oversight of the Office of Inspector General’s Audit Department in compliance with applicable audit standards, regulations, governmental requirements and policies consistent with the organization’s strategic and operational objectives, mission, and vision. The mission of the Office of Inspector General’s Audit Department is to conduct internal audits and reviews to assess the integrity of the Park District’s financial reporting systems, the effectiveness of internal controls, and the efficiency of established procedures. The Director of Audit provides assurance and advisory services through independent and objective reviews to continuously improve systems and processes across the district. Pursuant to the dual reporting relationship set forth in the Park District’s Internal Audit Charter, the Director of Audit also reports to the Audit Management Committee, headed by the Board President, and the Chief Executive Officer.
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Examples of Duties:
Provides direction and guidance to personnel performing audits and program reviews.
Identifies and assesses risks, controls, and District compliance with applicable rules, regulations and law.
Recommends policies, procedures, and systems for improved overall District accountability and efficiency.
Assists District management in developing and maintains processes to mitigate risk and improve operational efficiency in achieving District’s mission.
Evaluates the effectiveness of financial controls throughout the District.
Works with relevant members of management to inform an annual Audit Plan designed to maximize the utilization of assets, reduce liabilities and improve the general fiscal health of District operations.
Implements the approved Audit Plan.
Prepares and reviews confidential financial management reports.
Makes recommendations to department heads and managers regarding improvements for revenue collection, procurement of goods and services and other such District activities.
Recommends training to ensure that employees are in full compliance with District policies and determines compliance with other training mandated by law.
Provides periodic reports to the Board and CEO on the status of completed and ongoing audits.
Prepares and distributes reports on the results of reviews and audits to relevant management including recommendations for modification of management practices, fiscal policies, and accounting procedures as informed by audit findings.
Conducts risk-based audits and reviews, both scheduled and unscheduled, with concentration on policies, procedures, and practices that relate to the control, safeguarding, and accountability for funds and assets.
Minimum Qualifications:
Bachelor’s Degree required (Accounting, Business Administration, or related field degree preferred). Master’s degree preferred.
Five years performing audit or program review work. Two years of supervisory or managerial experience.
Preferred Certifications:
CPA (Certified Public Accountant).
Auditor certification from the Association of Inspectors General.
Knowledge, Skills and Abilities:
• Ability to effectively communicate audit and program review information, policies, and/or procedures.
• Thorough understanding of U.S. GAAP, IIA Standards for the Professional Practice of Internal Auditing, and Government Auditing Standards (“The Yellow Book”).
• Strong background in identifying risks, controls and opportunities for improvements associated with business processes, developing and executing audit test plans, and drafting audit reports with summary results for executives.
• Strong communication skills required to present complex issues and alternatives to Management and the Board of Commissioners.
• Experience leading internal audit or program review teams, preferably in the public sector, covering relevant financial, operational, compliance and technology risks.
• Commitment to high ethical and professional standards.
• High degree of personal integrity and sound judgment.
Conditions of Employment:
As a condition of employment with the Chicago Park District, employees are required to establish and maintain Chicago Residency. Employees are required to live full-time within the geographic boundaries of the City of Chicago at the time of appointment or provide written agreement at the time of initial appointment to establish full-time place of residence within the City of Chicago within a thirty-day period.
Work Environment:
The general work area is indoors, in a smoke-free environment, with controlled temperature and fluorescent lighting. However, exposure to outdoor weather conditions and environments, where there could be exposure to loud noise, fumes or dust, is possible.
Performs tasks that involve use of hands to finger, handle or feel, reaching, walking, bending, stooping, standing, kneeling, climbing, reaching and sitting. May perform lifting tasks up to 15 pounds.
CPD is an equal opportunity employer.
It is the policy of the Chicago Park District that no employee or applicant for employment will be discriminated against because of race, color, creed, religion, sex, marital status, national origin, sexual orientation, ancestry, age, unfavorable military discharge or disability. CPD will make reasonable accommodations for the known disabilities of otherwise qualified applicants for employment as well as its employees, unless undue hardship would result.
Work Locations
Office of Inspector General
740 N. Sedgwick Ave
Chicago 60654
Job
Administration
Schedule
Full-time
Job Type
Standard
Closing Date
Aug 12, 2024, 11:59:00 PM
Budgeted Salary 133900
