Skip to Main Content

Internal Controls Compliance Officer

Below you will find the details for the position including any supplementary documentation and questions you should review before applying for the opening.  To apply for the position, please click the Apply for this Job link/button.

If you would like to bookmark this position for later review, click on the Bookmark link. To email this position to a friend, click on the Email to a Friend link.  If you would like to print a copy of this position for your records, click on the Print Preview link.

Position Information

Position Information

Present Position Number FP532W
Role Code Title Prof/Lecturer/11-12Mth
Position Title Internal Controls Compliance Officer
Position Summary

The Internal Controls Compliance Officer is responsible for performing an ongoing comprehensive evaluation and documentation of business processes and key internal accounting controls over all the University’s fiscal processes as required under the State Comptroller’s directive for Agency Risk Management and Internal Controls Standards (ARMICS). These requirements are geared towards implementing procedures similar to Sarbanes Oxley Section 404 and the Internal Control framework created by the Committee of Sponsoring Organizations (COSO) and will focus on providing reasonable assurance of the integrity of all the University’s fiscal processes related to: transactions posted to the accounting system/general ledger, controls over the financial reporting process, compliance with laws and regulations, and stewardship over and safeguarding of assets.

Reporting to the Assistant VIce President of Financial Operations, the Internal Controls Compliance Officer may assist with special projects, which may include collecting, analyzing, and synthesizing financial data, developing alternative solutions, and clearly and concisely conveying ideas.

Duties shall include (but are not limited to):

  • Performs risk assessments, utilizing auditing techniques.
  • Analyzes business processes, preparing narrative reports and flowcharts.
  • Creates reports, responses, conducts presentations and financial analysis to complex questions related to financial programs.
Required Qualifications

Bachelor’s degree in accounting or a closely related field or the equivalent combination of education and or experience performed at the equivalent level.


  • Comprehensive understanding of generally accepted accounting principles (GAAP), Governmental Accounting Standards and internal control concepts, accounting processes and systems capablities.
  • Proficiency in a variety of software applications, include MS Office and automated accounting/financial systems with strong understanding of automated systems’ functionality and capabilities.
  • Experience in documenting and analyzing business processes, internal accounting controls and related risk assessments. Extensive experience with interpreting and assessing compliance with laws, regulations, policies, and procedures. Aptitude to work with database reporting tools, pivot tables, core functions of highly detailed spreadsheets and flowcharts. Strong analytical skills and an ability to summarize detailed data into meaningful management reports.
  • Strong interpersonal and communication skills with the ability to work effectively with various levels of management and staff in a diverse environment.
  • Excellent writing skills with the ability to clearly and accurately document procedures, and concisely presented to provide operational guidance.


  • Substantive accounting operations experience.
  • Demonstrated experience using an automated accounting or financial systems.
Preferred Qualifications


  • Advanced degree (preferably a Master’s degree) in Accounting is highly preferred.
  • Certification as a Public Accountant (CPA), Certified Internal Auditor, Certified Information Systems Auditor is desirable.


  • Prior experience in public accounting is highly desirable.
  • Experience in Banner (Finance system) is highly desirable.
  • Experience in higher education is desirable.
Advertised Pay Range Commensurate with experience
Department General Accounting - 442000
Location William & Mary
University Salary Range

Job Open Date 12/19/2017
Review Begin Date
Job Close Date
Open Until Filled Yes
Employment Category Professional FT
Position Term 12-Month
Special Application Instructions
Conditions of Employment:

This position is subject to additional hours beyond the typical work day/week in order to meet the business needs.

EEO Statement

The College of William & Mary values diversity and invites applications from underrepresented groups who will enrich the research, teaching and service missions of the university. The College is an Equal Opportunity/Affirmative Action employer and encourages applications from women, minorities, protected veterans, and individuals with disabilities.

Background Check Statement

The College of William & Mary is committed to providing a safe campus community. W&M conducts background investigations for applicants being considered for employment. Background investigations include reference checks, a criminal history record check, and when appropriate, a financial (credit) report or driving history check.

Supplemental Question

Required fields are indicated with an asterisk (*).

  1. * Do you have experience with Banner or similar ERP system?
    • No
    • Yes
  2. * Do you have an active CPA license or are you a Certified Internal Auditor or Certified Information Systems Auditor?
    • Yes
    • No
  3. * Do you have experience working in a finance-related or ARMICS position at an institution of higher education?
    • Yes
    • No

Supplemental Documents

Required Documents
  1. Resume/Curriculum Vitae
  2. Cover Letter
Optional Documents
  1. Other Doc
  2. Other 2