Chief Audit Executive
The State Teachers Retirement System of Ohio (STRS Ohio) is seeking qualified candidates for the position of Chief Audit Executive.
About Us
The State Teachers Retirement System of Ohio (STRS Ohio) is widely recognized and respected as one of the leading retirement systems in the country. The system provides retirement benefits, access to health care coverage and many other services. With total investments of $95.3 billion (including short-term investments) as of June 30, 2024, STRS Ohio is one of the largest pension funds in the United States. We serve more than 500,000 active, inactive and retired Ohio public educators.
STRS Ohio Culture
STRS Ohio believes in empowering associates to make and be accountable for decisions that benefit the educators we serve. Associates are encouraged to continually enhance their knowledge and skills through higher education and training. Our commitment to total quality is evident in all we do — from answering phones to disseminating information to managing investments on behalf of STRS Ohio members.
At STRS Ohio, you can experience rewarding work in a professional, business casual work environment. We welcome, celebrate, and promote respect for everyone. We are continually seeking bright and talented individuals to join our team.
Comprehensive Benefits
STRS Ohio provides a competitive pay and a comprehensive benefits package including on-site parking, educational assistance, subsidized medical insurance, fully paid dental and life insurance, vacation and sick leave, retirement benefits and on-site fitness center.
Compensation
Commensurate with education and experience.
Summary of the Role
Under the direction of the State Teachers Retirement System of Ohio (STRS Ohio) Retirement Board’s Audit Committee, responsible for the administration of effective internal audit operations at STRS Ohio. Report on the effectiveness of the system of internal controls developed and maintained by management. Supervise work of internal audit staff.
Principal Duties and Responsibilities
- Develop, maintain and adhere to the comprehensive Internal Audit Charter.
- Establish policies and procedures to guide the Internal Audit activity.
- Develop and recommend a comprehensive annual, risk-based internal audit plan.
- Ensure Internal Audit resources are appropriate, sufficient and effectively deployed.
- Develop and conduct audit programs in accordance with Standards for the Professional Practice of Internal Auditing.
- Monitor and follow-up on the implementation of audit recommendations.
- Ensure Internal Audit Department staff adheres to the Institute of Internal Auditors’ Code of Ethics.
- Attend Retirement Board/Audit Committee meetings and perform special reviews as requested.
- Maintain knowledge of organizational functions through continued education, training and annual assessments.
- Develop and maintain a published Quality Assessment Review (QAR) schedule.
- Monitor the implementation of recommendations from mandated Ohio Retirement Study Council’s fiduciary audits.
- Develop and maintain functional, collaborative relationships with members of the Retirement Board.
- Maintain the coordination and inclusion of risk management efforts.
- Assist the Retirement Board’s Audit Committee in the development and maintenance of the Audit Committee Charter.
The above list of duties is intended to describe the general nature and level of work performed by persons assigned to this classification.
Summary of Qualifications
- Bachelor’s degree in business, accounting, finance or a related field required.
- Master’s degree in related field preferred.
- Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) professional certifications preferred.
- Ten years of auditing or accounting experience required.
- Excellent knowledge of database and spreadsheet software.
- Project management experience preferred.
- Ability to produce professional documents and conduct public presentations.
- Ability to work with and preserve confidential information required.
- Superior oral and written communication skills required.
- Interpersonal skills necessary to deal effectively and courteously with internal and external contacts required.
- Superior organizational skills and a high degree of accuracy and attention to detail required.
- Proven ability to operate Microsoft Office programs and standard office equipment required.
- Ability to work independently and in a team environment while meeting deadlines.
- Excellent work record of attendance, punctuality and flexibility to meet business needs.
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