Executive Director of Internal Audit

Purpose and Scope

OVERVIEW

Memphis-Shelby County Schools is seeking dynamic educational champions ready to position our district as a national exemplar of education transformation. We need leaders with a fierce commitment to actualizing a bold vision that yields ambitious outcomes for more than 110,000 students and families across the Memphis-Shelby County area. The reality is that we can do better for kids, and we will with the right leaders in place. The most successful candidates believe that more is possible for Memphis and are:

Courageous Thinkers & Doers: Prepared to navigate and thrive in a complex and ambiguous environment on day one, present innovative ideas to address systemwide issues, and execute sustainable plans toward transformation.

Solutions-Oriented: See the possibilities, demonstrate the capacity to synthesize information and adjust short and long-term goals, and consistently find a window when doors close to deliver measurable results for kids and families.

High-Performing Gamechangers: Leader of leaders with the capacity to mobilize and empower an outstanding team, make people-centered data-informed decisions, and operate with a relentless hyperfocus on removing stubborn barriers that destroy the hopes and dreams of too many of our students.

SUMMARY DESCRIPTION:

Serves as the district's primary internal evaluator of management policies and procedures. The position is the district's primary resource to ensure compliance with federal, state, and local board policies and procedures as it pertains to financial and operational audits within schools & divisions of Shelby County Schools. The Executive Director of Internal Audit will develop internal controls to ensure the district is in compliance with all relevant federal, state, and local policies and regulations.

Essential Job Functions

Serves as the district's internal evaluator of management policies and procedures. Conducts periodic and ongoing evaluations of internal policies and procedures to ensure compliance to relevant regulations is maintained in the most efficient way possible.

Tailors policies and procedures within compliance regulations to ease regulatory burden on district schools and staff. Recommends changes in internal controls as necessary and approves all recommended changes in internal controls and procedures made by auditors.

Conducts regular audits and reports. Schedules, reviews, and signs off on all school and functional audit summaries and reports.

Prepares the annual report on schools' audited activities. Informs the board and the superintendent of audit activities, and of any suspected fraud, abuse, or mismanagement.

Manages relationships with external parties, including state, federal, and other external auditors, and the Tennessee Comptroller.

Enforces accountability and quality control measures. Advises on the creation of policies and procedures to ensure the district is in compliance with all federal and state regulations and that records are maintained appropriately.

Supports the overall vision and leadership of the district and the department. Serves as a key contributor on the Superintendent's cabinet to set the overall vision and provides leadership to the district.

Manages the overall budget for the department and set and enforce financial metrics and targets. Establishes standards for hiring & selection, training, performance evaluations and ongoing professional development for the department within the overall philosophy of the district.

Develops a comprehensive risk assessment plan which thoroughly evaluates and prioritizes the various risks facing the district and identifies a plan to minimize and manage these risks.

Leads, develops and manages a lean and committed team of professionals in the delivery of auditing services and prioritizes time allocation to ensure staff is focused on significant issues.

Provides cabinet and board with independent and authoritative opinions and views based on thoughtful and thorough analysis of risk and business issues, assessing and analyzing issues, identifying risks and control gaps.

Presents clear and consistent communication on internal audit issues and trends and exercises professional judgment in the development and communication of internal audit opinions.

Promotes Internal Audit as a value add to the district and delivers services that consistently improve the control environment and enhance operational excellence.

Establishes positive rapport and works in partnership with cabinet, leveraging strong intellectual, conceptual and analytical skills.

Performs related responsibilities as required or directed.

Minimum Qualifications

Graduation from and accredited college or university with a Master's Degree Business Administration, Accounting, Finance, or equivalent and 10 years of experience in a top audit or accounting position in a corporate or public sector environment, for a total education/experience of 16 years. Public education experience preferred.

Degree Equivalency Formula:

Bachelor’s Degree= 4 years plus required years of experience.

Master’s Degree= 2 years plus required years of experience. Where Master’s degrees are required, years for Bachelor’s Degrees must be included.

Regular Full-Time