Position open until filled.

TRS provides retirement benefits for teachers who are employed by all Illinois public common and charter school districts located outside the city of Chicago. The Illinois Pension Code contains the laws relating to our creation, benefits, and administration.

Position Overview

The Senior Internal Auditor is responsible for conducting and coordinating comprehensive internal financial, information technology and compliance audits, which includes evaluation of internal controls. The position is responsible for reporting the results of audits and alerting the Internal Audit Supervisor and the Director of Internal Audit and Risk to any conditions, which pose risks to the System. 

Key Responsibilities

• Act as lead worker in all aspects of the Internal Audit position and assist in training new Internal Auditors.
• Perform the planning activities for assigned audits which include defining the objectives and scope of the audit, documenting business processes and procedures, performing a risk and internal control evaluation and developing the audit program.
• Perform the audit procedures for assigned audits in accordance with the International Standards for the Professional Practice of Internal Auditing and the Code of Ethics promulgated by the Institute of Internal Auditors. This includes collecting and analyzing data; testing compliance with internal and external rules, laws and regulations; evaluating the internal controls; identifying and developing potential issues and recommendations and documenting the work performed in the audit work papers as a basis for concluding on the objectives of a given engagement.
• Suggest and participate in implementing initiatives to improve the effectiveness of the internal audit function.
• Discuss potential findings and observations with the Internal Audit Supervisor, Director of Internal Audit and Risk and appropriate management. Compose audit reports including any potential findings and observations and review with the Internal Audit Supervisor and Director of Internal Audit and Risk.
• Assist in presenting audit reports including any findings and/or observations to the Executive Director, Executive Management and the Audit Committee of the Board of Trustees.
• Participate in the follow-up of findings and observations for both internal and external audits.
• Assist in the development of the annual audit plan, including the annual risk assessment process.
• Assist the Internal Audit Supervisor and Director of Internal Audit and Risk in anticipating and developing appropriate audit procedures.
• Assist in proactively reviewing and analyzing business processes pertaining to risk and controls.
• Stays abreast of changes in the Standards and Guidance, with regards to Internal Auditing, as provided by The Institute of Internal Auditors (IIA).
• Assists with periodic quality improvement reviews to determine that the Internal Audit Department is performing in accordance with the IIA Standards.
• Perform other audit related activities as required or assigned.

Minimum Qualifications

• Requires a bachelor’s degree in a business related field such as accounting, finance, business administration, computer science or economics. A Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Certified Fraud Examiner (CFE) designation is preferred. (Copy of transcripts are required upon resume submission.)
• Requires 3 to 5 years of audit related experience; preferably in accounting, pension benefits, investments, and/or information technology

Benefits

• State health, dental, life, and vision insurance
• 12 vacation, 12 sick, and 3 personal time days of compensated time
• Teachers’ Retirement System pension
• Deferred compensation plan

TRS is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.