Vp Internal Audit Jobs

JOB SUMMARY

VP Internal Audit is responsible for planning, developing, and enforcing the internal auditing function for Baylor Scott and White Health (BSWH), which includes professional auditing projects focused on monitoring risks, establishing controls, safeguarding assets, and ensuring compliance with all applicable laws and regulations. Directs and coordinates the auditing of internal programs, systems, processes, and financial data and transactions of various departments and areas of responsibility. Develops and implements plans, policies, programs, procedures, and practices to provide internal auditing services that improve the efficiencies and effectiveness of BSWH operations. Ensures accuracy and compliance to all applicable laws, regulations, and accreditation standards, such as the Joint Commission, Centers for Medicare and Medicaid (CMS), National Committee for Quality Assurance (NCQA), Health Insurance Portability and Accountability Act (HIPAA), and Occupational Safety and Health Administration (OSHA). Oversees and reviews internal audit recommendations and communicates the findings of major internal audit projects with BSWH senior leadership. Directs and reviews audit reporting for BSWH leadership, as well as external stakeholders, such as external auditors, regulatory authorities, and joint venture partners. Works closely with executive leadership, operations, legal, risk management, finance, and information security to conduct internal audit activities and resolve audit issues and areas of risk for the organization in accordance with overall BSWH business objectives.

A system Vice President (VP) develops strategy and business plans for one or more business units or functional areas. Business unit or area may include a level of smaller entity vice presidents (e.g., small hospitals, clinics, etc.). Leads strategy development and execution, identifies resourcing needs, and provides guidance for significant tactical decisions. Focuses on current-year operations and participates in establishing multi-year strategies and business plans. Erroneous decisions at this level tend to have a long-term negative effect on the success of the organization. Leads and directs a large division, multiple departments, or a single business unit. Typically directs multiple levels of subordinate vice presidents (entity/region), directors, and/or managers covering varied disciplines and skill levels. Has managerial accountability for staffing and budgets for a large span of control (at least 2 directors/managers) or is over a critical but small staff function. Exercises wide latitude in determining objectives and approaches to critical assignments. Responsible for executing a portion of the business strategy.

ESSENTIAL FUNCTIONS OF THE ROLE

1. Oversees the internal audit function for BSWH.

2. Develops and implements long-term and short-term objectives and internal audit priorities based on an innovative internal audit strategy that leverages digital capabilities and data analytics to enhance the audit process.

3. Collaborates with senior leadership to evaluate and manage risk on an ongoing basis, applying established risk management approaches, principles, and practices.

4. Ensures BSWH is compliant with all applicable laws, regulatory, and other relevant requirements as an integral part of all internal audits.

5. Identifies and highlights emerging risks, utilizing best industry practices, benchmarks, and innovative software, to establish and monitor business risk management processes for improvement opportunities.

6. Develops annual internal audit project plans and budgets, allocates resources, and monitors outcomes relative to established standards and limits.

7. Leads business risk evaluations, facilitates the development of value-added recommendations by leadership, and assists with implementation.

8. Delivers audit progress assessments to appropriate members of the executive team and audit committee.

9. Reviews and modifies current audit processes to improve client response time, service quality, risk mitigation, and audit-generated cost savings.

10. Monitors and provides adequate follow up on the status of key audit and risk management client initiatives.

KEY SUCCESS FACTORS

1. Bachelor's degree in accounting, finance, business, or related field preferred. Master's degree preferred.

2. 7+ years of experience in internal audit, audit advisory, or related area dealing with complex regulatory environments.

3. 3+ years of experience in a leadership role.

4. Certified Public Accountant (CPA) required.

5. Strong knowledge of internal audit and internal control concepts, principles, and techniques.

6. Knowledge of healthcare compliance practices and regulatory requirements preferred.

7. Excellent written and verbal communication skills.

8. Informative and persuasive presentation skills.

The information contained in this job description is intended to describe the essential job functions required of those assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, knowledge, skills, and abilities needed to perform the job. Please note that management retains the right to assign or reassign duties and responsibilities to this job at any time. The ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, integrity, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Baylor Scott & White Health.

QUALIFICATIONS

• EXPERIENCE - 7 Years of Experience
• CERTIFICATION/LICENSE/REGISTRATION -
• EDUCATION - Bachelor's or 4 years of work experience above the minimum qualification

Cert Public Accountant (CPA)