Chief Audit Executive Teacher Retirement System of Texas is one of the largest public pension funds in the United States with assets of approximately $110 billion. The pension plan provides retirement and related benefits for over 1,000,000 public education employees. The Chief Audit Executive (CAE), with direction from the Chairman of the Audit Committee of the TRS Board of Trustees and TRS Executive Director, directs a comprehensive audit program providing assurance and consulting services to management staff. The CAE serves as a member of the TRS executive team, performs professional and managerial internal auditing in the areas of risk management, control, and governance, and maintains professional ethical standards. A successful candidate will possess a Bachelor’s Degree from an accredited college or university, certification as a CIA or CPA, and 10 years of fulltime auditing, including 4 years supervisory or project management experience. Experience in public sector auditing, managing and conducting audits in Information Systems, Investments, Financial Services, Benefit Plans, or Health Care is preferred. For additional information on this position or to apply, please visit our website at www.trs.state.tx.us Teacher Retirement System of Texas 1000 Red River Street Austin, Texas 78701 Equal Opportunity Employer
TEACHER RETIREMENT SYSTEM Employment Opportunity
1000 Red River Street Austin, TX 78701 (512) 542-6490 or 1-800-223-8778, ext. 6490 TDD Numbers (512) 542-6444 or 1-800-841-4497 Internet: www.trs.state.tx.us
Agency Working Title: Chief Audit Executive Job Vacancy Number: #2143 State Classification/Salary Group: 1623/Director IV/B20 Salary: Commensurate with qualifications Opening Date: Thursday, July 05, 2007 Closing Date: Open Until Further Notice JOB FUNCTIONS General Description: Directs a comprehensive audit program providing assurance and consulting services to management and staff. Work involves serving as the chief audit executive and as a member of the executive management team; performing advanced level professional and managerial internal auditing work in the areas of risk management, control, and governance; providing ongoing training, coaching, supervision and performance appraisals to Internal Audit staff; maintaining professional ethical standards; and maintaining effective working relationships with management and staff. Works independently with extensive latitude for initiative and independent judgment within limits of accepted auditing standards and established policy. Other essential duties include, but are not limited to: • Directs and oversees the development of the Annual Audit Plan and the Internal Audit Annual Report. • Directs the identification and evaluation of risk areas for the development of the Annual Audit Plan and coordinates review and approval with the Audit Committee. • Directs and oversees audit staff in the planning, organizing, conducting and monitoring of overall Internal Audit operations. • Directs the preparation and review of Audit Committee quarterly meeting materials. • Directs and oversees the development of requests for contracted services for the Internal Audit Department, and monitors the contracted services until services are completed. • Researches audit tools and leading audit practices. • Hires, trains and evaluates staff; and takes corrective actions to address performance problems. • Directs and oversees complex performance, financial, and compliance audit projects. • Directs and oversees the review and analysis of business processes. • Ensures conformance with acceptable quality control standards through the review of work products of individual audit projects. • Reviews and approves the audit objectives, scope, and audit programs for assigned audit projects. • Counsels and guides staff to ensure that approved audit objectives are met and that adequate coverage is achieved. • Directs the performance of audit procedures, including identifying and defining issues and recommendations, developing criteria, reviewing and analyzing relevant information, evaluating evidence, documenting business processes and procedures, and completing audit documentation. • Communicates the results of audits via written reports and oral presentations to management, the Audit Committee and the Board of Trustees. • Pursues professional development opportunities, including internal and external training and professional association memberships, and shares information gained with staff. • Represents Internal Audit at management and Board meetings and with oversight agencies and other external organizations. • Performs related work as assigned by the Audit Committee or the Executive Director.
MINIMUM EDUCATION AND EXPERIENCE REQUIREMENTS • • • •
Bachelor’s degree from an accredited college or university. Certification as a CIA or CPA. Ten years of full-time experience in auditing, including four years supervisory or project management experience. A graduate degree in business administration, public administration, or a related field or a second certification (CIA, CPA, or CISA) may substitute for one year of required experience. The combination of a graduate degree and a second certification may substitute for two years of required experience.
OTHER SELECTION CRITERIA Knowledge, Skills, and Abilities: • Extensive knowledge of and skill in applying internal auditing principles and practices, and management principles and preferred business practices. • Extensive knowledge of the International Standards for the Professional Practice of Internal Auditing and the Code of Ethics promulgated by the Institute of Internal Auditors; and of Government Auditing Standards. • Extensive knowledge of Texas state government program policies, procedures, regulations and laws. • Extensive knowledge of agency programs, policies and procedures. • Considerable knowledge of information technology terminology, concepts and practices. • Extensive skill in conducting quality control reviews of audit work products. • Extensive skill in collecting and analyzing complex data, evaluating information and systems, and drawing logical conclusions. • Extensive skill in planning and project management, and in maintaining composure under pressure while meeting multiple deadlines. • Extensive skill in negotiating issues and resolving problems. • Considerable skill in using a computer with word processing, spreadsheet and other business software to prepare reports, memos, summaries and analyses. • Extensive skill in effective verbal and written communications, including interpersonal and active listening skills, and skill in presenting findings and recommendations. • Ability to establish and maintain harmonious working relationships with the internal audit team, management and staff and external contacts, and to work effectively in a professional team environment. PREFERRED QUALIFICATIONS • •
Experience in public sector auditing, and in managing and conducting audits in Information Systems, Investments, Financial Services, Benefit Plans, or Health Care. Graduate degree in business administration, public administration, or a related field.
This job description is intended only to describe the general nature of the position and does not constitute an allinclusive list of duties, nor of the knowledge, skills, and abilities required to perform the job.
TO APPLY Submit a State of Texas Application for Employment, a current resume, and a letter of interest in employment with TRS for this position before this posting closes. Applications will be screened for minimum qualifications. Skill demonstrations or work simulations may be part of the selection process. Top candidates will be contacted for further consideration. Finalists who document college/university or special coursework to meet the minimum qualifications will be required to submit copies of transcripts or diplomas. Only internal applicants and applicants who are interviewed will receive notification of application results. Please contact Human Resources if you require accommodation during the application process. Employees who are under a probationary period (and any extension thereof) or are in step 2 or step 3 of the progressive corrective action process are not eligible to apply for a position in another TRS department. Due to the nature of TRS business a criminal background investigation will be conducted prior to an offer of employment. Top male candidates between the ages of 18 to 25 will be required to show proof of Selective Service System Registration or Exemption. The U.S. Immigration Reform and Control Act of 1986 requires new employees to present proof of identity and eligibility to work in the United States.
An Equal Opportunity Employer
