What are the responsibilities and job description for the Audit Associate position at Chicago Public Schools?
Chicago Public Schools (CPS) is a district on the rise, serving over 320,000 students in 500 schools and employing over 44,000 people, most of them teachers. CPS has set ambitious goals to ensure that every student, in every school and every neighborhood, has access to a world-class learning experience that prepares each for success in college, career, and civic life. In order to fulfill this mission, we make three commitments to our students, their families, and all Chicagoans : academic progress, financial stability, and integrity. Six core values are embedded within these commitments - student-centered, whole child, equity, academic excellence, community partnership, and continuous learning.
The Office of Internal Audit and Compliance (IAC) provides assurance and advisory services through independent and objective reviews to continuously improve systems and processes across the district that better prepare every child for success in college, career, and civic life.
Job Summary :
Reporting to the Risk Audit Manager, the Audit Associate will conduct financial, operational, performance, compliance, and other audits or reviews as assigned. Under the supervision of departmental management, this work will include planning, fieldwork, testing and data analysis, interviewing, evaluation of internal control processes, identification of observations, and preparation of reports in accordance with IAC procedures and applicable professional auditing standards.
The Audit Associate will be held accountable for the following responsibilities :
- Participate in the financial, operational, and compliance audits throughout the organization.
- Utilize CPS tools and processes to develop and manage project plans and task assignments for all resources.
- Review deliverables prepared by Internal Audit before passing to Leadership for final review.
- Ensure all project documentation is developed and kept current (i.e. audit programs).
- Ensure assigned audit tasks meet business requirements, and are completed on-time and within budget.
- Perform audit engagements by reviewing organizational and functional activities to ensure risks are appropriately identified, associated audit procedures are applied and related controls are designed and operating to mitigate the identified risks.
- Prepare draft audit reports for assigned projects; participate in communication with management about reports and related issues and recommendations.
- Monitor accomplishment of objectives directed toward increasing Internal Audit's ability to serve management in a professional, efficient, and effective manner.
- Assist in the identification of those activities subject to audit coverage, evaluate their significance, and assess the degree of risk inherent in the activity in terms of materiality, cost and schedule.
- Enact thorough and practical knowledge of audit methodology techniques.
- Lead discussions to obtain a detailed understanding of business or functional area processes, systems, and applications.
- Maintain professional certifications and related educational requirements
- Perform other duties assigned by the Audit Manager / Supervisor
In order to be successful and achieve the above responsibilities, the Audit Associate must possess the following qualifications :
Education Required :
Experience Required :
Knowledge, Skills, and Abilities :
Conditions of Employment
As a condition of employment with the Chicago Public Schools (CPS), employees are required to :
