Director Financial Ops Audit Services

Employment Type:

Full time

Shift:

Day Shift

Description:

Responsible for leading the overall design, implementation and day-to-day operation of Trinity Health’s internal audit program.

Assists Trinity Health senior management and the Board of Directors in evaluating the effectiveness of risk, control and governance processes through the performance of internal audits, consulting and other activities.

Ensures the Audit Services department operates in conformance with the International Standards for the Professional Practice of Internal Auditing, and is responsible for the recruitment, mentoring and development of an effective Audit Services team that delivers value-added, high impact, customer-focused internal audit and consulting services.

Responsible for establishing a continuous quality assurance and process improvement program to ensure the Audit Services department effectively contributes to the achievement of Trinity Health’s goals and objectives, consistent with its Charter as approved by governance.

POSITION PURPOSE

This position is responsible for day-to-day management and oversight of internal financial, operational, IT and regulatory compliance assurance and consulting engagements performed by Trinity Health’s Audit Services Department.

The Audit Services Department assists Trinity Health senior management and the Board of Directors in evaluating the effectiveness of risk, control and governance processes through the performance of internal audits, consulting and other activities.

The Director of Audit Services ensures the Audit Services team, for which they are responsible, operates in conformance with the International Standards for the Professional Practice of Internal Auditing, and is responsible for the recruitment, mentoring and development of an effective Audit Services team that delivers value-added, high impact, customer-focused internal audit and consulting services.

The Director of Audit Services is responsible for maintaining the continuous quality assurance and process improvement program to ensure the Audit Services department effectively contributes to the achievement of Trinity Health’s goals and objectives, consistent with its Charter as approved by governance.

ESSENTIAL FUNCTIONS

Knows, understands, incorporates and demonstrates the mission, vision and values of Trinity Health in leadership behaviors, practices and decisions.

Contributes, in collaboration with other Directors of Audit Services, to the overall design of Trinity Health’s internal audit program, referred to as Audit Services, in accordance with the International Standards for the Professional Practice of Internal Auditing.

Assumes responsibility for implementation and day-to-day operations of Trinity Health’s internal audit program.

Leads all aspects of the internal audit process, including: planning, coordination and supervision of financial, operational, information systems, and regulatory compliance internal audits performed by Audit Services personnel.

Reviews and edits reports that effectively communicate the results of the internal audits including, findings and recommendations, to appropriate Trinity Health management.

Ensures the Audit Services Department effectively carries out its responsibilities to review and evaluate the adequacy and effectiveness of Trinity Health’s systems of internal control, and the reliability, integrity and availability of financial and operational data/information, and provides practical value-added recommendations to management for improving internal controls and the effectiveness and efficiency of Trinity Health operations.

Supports the development of an annual Work Plan for Audit Services activities for the following year in coordination with the Integrity and Compliance team.

Conducts an annual risk assessment to establish Work Plan priorities in support of Trinity Health’s strategic objectives, that includes obtaining the input from Trinity Health System Office, Shared Services, and Ministry leaders, as well as Trinity Health’s external audit firm.

Recruits, mentors, and provides professional development and training of Audit Services personnel, including goal setting, performance management and talent management activities.

Builds highly engaged, effective teams that consistently succeed in delivering value-added, customer-focused services to Trinity Health.

Ensures the effective coordination of Audit Services activities with those of Trinity Health’s external audit firm to ensure effective coverage of Trinity Health’s financial accounting, and reporting activities and to avoid duplication of work effort.

Coordinates the timing and scope of Audits Services’ direct assistance to the external audit firm in support of the annual financial statement audit of Trinity Health.

Works directly with System Office and Shared Service leaders in Finance, Supply Chain Management, Trinity Information Services, Insurance and Risk Management Services, Treasury and Tax, Human Resources, Revenue Excellence, Legal and other areas in the planning, completion and reporting of Audit Services activities, including audit requests in response to new or emerging risks identified by management.

Supports the Audit Services Continuous Auditing and Monitoring Program (CAM) and the Data Analytics Team (DAT) through identification of operational areas or controls that would benefit from continuous auditing within Trinity Health.

Collaborate with business process owners to promote self-monitoring of their own operations and responsibilities for internal controls using CAM methods.

Oversees and directs the investigation of known or suspected fraud within Trinity Health in coordination with Legal, Integrity and Compliance and other internal and external resources, as appropriate.

Assists in the quantification of confirmed fraud, performs assessments of internal controls, makes recommendations regarding corrective actions and assists Insurance and Risk Management Services in submission of claim with insurer and prosecution of individuals.

Maintain tracking of substantiated asset misappropriations for Tax and Financial Reporting for appropriate reporting and disclosures.

Collaborates with System Office Finance and other departments to promote fraud awareness and training efforts in Trinity Health.

Designs and oversees a continuous quality assurance and process improvement program to ensure the Audit Services department effectively contributes to the achievement of Trinity Health’s strategic goals and objectives, consistent with the department Charter approved by the Integrity & Audit Committee.

Develops comprehensive, long-range strategic plans for the Audit Services department in response to quality assurance and process improvement findings and industry-leading best practices for internal audit functions.

Provides leadership support to annual survey and reporting on Trinity Health investments in joint ventures and unconsolidated subsidiaries in coordination with System Office Finance, Legal, Insurance & Risk Management Services, Tax, and others.

Conducts special projects as requested by Trinity Health management, consistent with the Department’s Charter.

These projects will frequently be high priority and require strict time deadlines.

Maintains a working knowledge of applicable Federal, State and local laws/regulations, especially those applicable to healthcare providers; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.

MINIMUM QUALIFICATIONS

Thorough knowledge and understanding of financial operations, financial accounting and reporting, and auditing principles as normally obtained through a Bachelor’s degree in Accounting, Finance, Business Administration, or a similar field of study.

A Certified Public Accountant (“CPA”) and/or, Certified Internal Auditor (“CIA”) designation is required.

A Certified Fraud Examiner (“CFE”) designation is also strongly encouraged.

Minimum of eight (8) years of progressive management experience in finance, financial accounting, internal or external audit including relevant experience working with large, multi-location health care provider organizations is required.

Prior employment with a large national or regional independent audit firm is a plus.

Significant management experience in the development, implementation and operation of an effective internal or external audit program required.

Thorough knowledge and understanding of financial operations, financial accounting and reporting, and auditing principles as applied to health care organizations, and internal control systems and procedures typically found in health care operations.

Demonstrated knowledge and understanding of the International Standards for the Professional Practice of Internal Auditing, current industry leading best practices for internal auditing practices, and applicable federal and state laws and regulations pertaining to health care provider organizations and their impact on Trinity Health operations.

Strong project management, and written and verbal communication skills.

Demonstrated ability to communicate complex financial audit, financial accounting and reporting issues to management and governance is necessary.

Demonstrated ability to recruit, develop and retain effective teams with a customer-service orientation capable of delivering value-added services that meet or exceed stakeholder needs.

Strong consensus building and conflict resolution skills.

Ability to respond to crises such as unscheduled audits and investigations requested by senior management or governance are required.

Must be able to operate effectively in a collaborative, shared leadership environment.

Must possess a personal presence that is characterized by a sense of honesty, integrity and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals and values of Trinity Health.

PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS

Must be able to adapt to frequently changing work priorities and be able to prioritize and balance the requirements of working with the System Office and Trinity Health Ministries .

Travel to the various Trinity Health sites as required (estimated less than 20%).

Trinity Health’s Commitment to Diversity and Inclusion

Trinity Health employs about 133,000 colleagues at dozens of hospitals and hundreds of health centers in 22 states.

Because we serve diverse populations, our colleagues are trained to recognize the cultural beliefs, values, traditions, language preferences, and health practices of the communities that we serve and to apply that knowledge to produce positive health outcomes.

We also recognize that each of us has a different way of thinking and perceiving our world and that these differences often lead to innovative solutions.

Trinity Health’s dedication to diversity includes a unified workforce (through training and education, recruitment, retention and development), commitment and accountability, communication, community partnerships, and supplier diversity.