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BGS Consulting · 4 hours ago

Internal Audit Manager

Baltimore, MD

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

BGS Consulting is seeking an Internal Audit Manager with expertise in operational internal auditing within the healthcare and higher education industries. This role involves managing complex internal audit projects, overseeing the audit lifecycle, and providing training and support to the internal audit staff.

Financial Services

Growth Opportunities

Hiring Manager

Julia Ford Corrigan

Responsibilities

Participate with internal audit leadership in the development of the annual internal audit plan

Develop audit plans for assigned areas, including performing risk assessments and meeting with organizational management to support audit plan development

Oversee assigned portions of the annual audit plan in collaboration with audit leadership and peer audit managers

Manage multiple audit projects or individual projects in complex environments to support timely completion of the annual audit plan

Oversee the full audit lifecycle, from planning through reporting

Plan complex audits by gathering and analyzing relevant background information, including financial results, policies, procedures, and operational data from multiple information sources

Apply organizational, industry, and regulatory knowledge to identify constraints and establish audit priorities

Negotiate audit scope and parameters with audit leadership

Ensure team members understand their roles, responsibilities, and performance expectations

Design audit programs and time budgets based on assessed financial, operational, and compliance risks

Oversee development and execution of audit programs for assigned projects

Utilize advanced proficiency in Microsoft Office and audit-related software, including computer-assisted audit techniques and data analytics tools

Ensure audits address relevant risks and evaluate risk management strategies using industry best practices and cost-benefit considerations

Prepare and review clear, well-supported working papers and documentation supporting audit conclusions

Review and approve all workpapers for assigned audit projects

Communicate audit recommendations clearly and effectively, both verbally and in writing, to obtain management understanding and commitment to corrective actions

Perform or oversee audit follow-up activities to validate implementation of corrective action plans and monitor resolution of open issues

Track audit plan progress and provide regular status updates to audit leadership

Evaluate customer feedback and lessons learned to identify opportunities for improvement and implement changes in future audits

Oversee the work of multiple audit teams to ensure effective resource utilization

Provide day-to-day support to assigned audit staff, including guidance on regulatory matters and complex issues

Participate in staff development, training, and performance evaluation processes

Conduct project evaluations of assigned staff and provide input into annual performance assessments

Demonstrate expert knowledge of internal and external organizational, environmental, and regulatory issues and educate audit staff accordingly

Build effective working relationships with personnel at all levels, including senior and executive leadership

Develop and maintain relationships with senior management to support departmental strategic objectives

Represent the internal audit function on assigned organizational committees

Mentor and guide audit staff in the execution of audit projects

Maintain a thorough understanding of healthcare and/or higher education industry operations and emerging trends

Monitor industry and regulatory changes and assess their impact on audit activities

Provide detailed audit progress updates, including significant findings and issues, to audit leadership

Lead and direct audit staff work related to scope development, audit programs, internal control assessments, and workpaper review

Research and recommend improvements to risk management, internal controls, and operational efficiency

Identify and implement new audit tools, techniques, and methodologies

Conduct specialized audits, investigations, or projects requested by organizational leadership

Represent the internal audit function when senior audit leadership is unavailable

Promote a professional departmental image through high-quality work, knowledge sharing, ethical conduct, and confidentiality

Oversee, as applicable, audit projects performed by external professional service providers

Support continuous improvement initiatives within the internal audit department

Perform other duties as assigned

Qualification

Internal auditingRisk assessmentAudit managementAccounting principlesHealthcare industry knowledgeData analytics toolsCertified Internal Auditor (CIA)Certified Public Accountant (CPA)Training developmentCommunication skillsTeam leadershipMentoring

Required

Bachelor's degree in accounting, Business, or a related field, including healthcare or higher education–related disciplines

Eight (8) years of accounting or audit experience, preferably in nonprofit, healthcare, or higher education environments

Professional certification such as Certified Internal Auditor (CIA) or Certified Public Accountant (CPA), or ability to obtain certification within a defined period after hire