Chief Internal Auditor:
Villanova University seeks an outstanding individual with exceptional strategic, business, and interpersonal capabilities to join the University as the inaugural Chief Internal Auditor (CIA). Reporting to the Executive Vice President, the CIA provides strategic audit and risk assessment across the University while building and leading Villanova’s first in-house internal audit function. The CIA will also have reporting relationships to the President and Board of Trustees. The ideal candidate assists the University in accomplishing its goals and objectives by bringing a systematic, disciplined, and data driven approach to audit and risk, as well as governance processes.
Villanova University, a Roman Catholic institution, has been sponsored by the Order of St. Augustine since its founding in 1842. The Augustinian Order has a long history of academic achievement and scholarly leadership, with a belief in education as a community activity. Institutions affiliated with The Order of St. Augustine are committed to imbuing in students a deep respect and compassion for all people and a respect for academic freedom and open inquiry.
Villanova achieved university status in 1953 with the establishment of the College of Nursing and the School of Law. Today, the University is comprised of six colleges: Liberal Arts and Sciences; Engineering; Villanova School of Business; Nursing; Professional Studies; and the Charles Widger School of Law.
Located in Radnor Township, Pennsylvania, approximately 12 miles west of Philadelphia, Villanova is an independent institution offering undergraduate and graduate education. The campus sits on approximately 260 acres on Philadelphia’s Main Line. The University enrolls approximately 10,800 students, of whom approximately 7,000 are full-time undergraduates. The University remains affiliated with the Catholic Church and the Order of St. Augustine and is governed by an independent Board of Trustees. Villanova welcomes persons of all religions as members of its student body, faculty, and administration.
For more than a decade, Villanova University was ranked number one by U.S. News and World Report in the Best Universities-Masters category in the northern region. In 2016, U.S. News and World Report also ranked Villanova as 2nd for “Best Value Schools” and 4th for “Best Undergraduate Teaching” in the Best Masters Universities-category, Northern Region, and ranked the engineering school No.11 among all national undergraduate engineering programs whose highest degree is a masters. In the fall of 2016, the University was classified as a doctoral research institution for the first time, and was ranked 50th nationally by U.S. News and World Report. The Villanova School of Business is ranked No. 1 in the U.S. in Bloomberg Businessweek ‘s 2016 rankings of undergraduate business schools.
Villanova sponsors many sports affiliated with the Big East Conference. The football team is in the FCS level and competes in the Colonial Athletic Association. Villanova students take part in a wide variety of student organizations and study abroad programs. The University has over 110,000 alumni living throughout the world.
Villanova employs approximately 670 full-time faculty members, 90 percent of whom hold the highest degree in their field. The University currently employs 1578 full-time and 188 part-time staff. There is one labor union, representing approximately 200 facilities employees.
Rev. Peter M. Donohue, O. S. A, President
Rev. Peter M. Donohue, O. S. A., became Villanova University’s 32nd President in June 2006. Father Donohue first joined Villanova in 1985 as an instructor in the theatre department. A tenured associate professor, Father Donohue was chair of the department of theatre for 13 years. Father Donohue received his BA, with a concentration in theatre and communication arts, from Villanova University in 1975 and was ordained an Augustinian priest four years later. He earned an M.A. in theatre from the Catholic University of America in 1983 and a Masters of Divinity from the Washington Theological Union in 1985. In 1992, Father Donohue received his Ph.D. in theatre from the University of Illinois at Urbana-Champaign. Father Donohue has been appointed to the board of directors of the American Council on Education (ACE), the major coordinating body for the nation’s colleges and universities. Father Donohue will represent the Association of Catholic Colleges and Universities (ACCU) for a three-year term on the ACE board.
Under Father Donohue’s leadership, the University developed a strategic plan rooted in the Augustinian tradition of commitment to the common good, application of knowledge and truth to improve the human condition, and fostering responsible stewardship of the world. The Plan, “Igniting the Heart. Inspiring the Mind. Illuminating the Spirit.” can be viewed at http://whatsnextvillanova.com/strategic-plan/. The concepts of the Strategic Plan have been encapsulated in the phrase “Ignite Change. Go Nova.” To learn more, visit http://ignitechangegonova.com/about.php.
Kenneth G. Valosky, Executive Vice President
Kenneth Valosky was appointed Executive Vice President by Rev. Peter M. Donohue, O. S. A. in February 2015. As Executive Vice President, Valosky is responsible for Financial Affairs, Auxiliary Services, Human Resources, Facilities Management, Public Safety, Information Technologies, Government Relations, External Affairs, and Internal Audit. He received a Bachelor of Science degree in Accountancy from Villanova University and Master of Science in Organizational Dynamics from the University of Pennsylvania. Valosky previously held several senior financial positions at Thomas Jefferson University prior to joining Villanova University in 2000. Valosky also served as a trustee and chair of the Stewardship Committee of the Mercy Health System and is a member of the Audit Committee of the Archdiocese of Philadelphia.
Reporting directly to the Executive Vice President, with periodic reporting and access to the President and the Board of Trustees, the Chief Internal Auditor builds a new team and leads the internal audit function of the University with a strong focus on adding value to and improving the University’s complex and growing operations, risk management, and compliance. The CIA serves as an advisor and resource to the University’s senior leadership team and works closely with the Office of the General Counsel, the University Compliance Office and the University’s Enterprise Risk Management Committee (known as the Risk and Opportunities Council) in providing strategic audit and risk assessment across the university.
Internal Audit supports the mission of Villanova University by partnering with senior leadership and assisting the Enterprise Risk Management Committee in the effective discharge of their responsibilities to protect the assets and reputation of the University and to promote operational effectiveness and efficiency. This is an exciting and major opportunity for the new Chief Internal Auditor, and the expectations and ambitions are broad and extensive. The CIA will provide the necessary leadership to ensure that the function is aligned with the Stewardship Committee Charter and that resources are in place and consistent with the University’s objectives and governance policy. The new CIA should have a solid grounding in a risk-based approach to auditing and the ability to engage key managers and leaders from areas throughout the University to deepen the understanding and use of risk analysis. S/he will:
- Communicate a clear vision, strategy, and model and have the opportunity to create an internal audit function and oversee the expanding operations of Internal Audit;
- Work with University leadership, the Office of the General Counsel, the University Compliance Office, Enterprise Risk Management Committee to establish appropriate policies and procedures to guide the internal audit function and ensure the quality of the assurance services delivered;
- Evaluate and strengthen financial internal controls;
- Create an environment of strong and effective communication, education, and expert consultation;
- Work collaboratively across the University to provide education and skill building opportunities for the University community in the areas of risk assessment, best practices, business process controls and financial internal controls;
- Develop, lead, mentor and support the internal audit staff and create an environment supportive of their professional development; and
- Develop an audit plan that maps to key enterprise financial internal control risks and that incorporates input from University leadership team and the Enterprise Risk Management Committee, including coordination of other internal and external providers of assurance and consulting activities.
The successful candidate will be innovative, proactive, and collaborative with excellent strategic, leadership, and team-building skills. S/he will have demonstrated success and relevant experience at large complex organizations.
The Chief Internal Auditor will have the following experiences, capabilities, and attributes:
- Proven leadership success in organizations of comparable complexity and an interest to work in a major research university;
- Solid technical skills and knowledge in the areas of finance, accounting, financial reporting, and auditing;
- Experience related to enterprise risk management and compliance programs;
- Ability to provide guidance in the development of fiscal policies, procedures, programs and systems in a complex environment;
- Distinct appreciation for the mission, traditions, and culture of the University;
- A strong and confident listener and communicator who brings a calm presence, establishes credibility with many and varied constituencies, builds consensus and engenders trust in ambiguous situations based on integrity, critical thinking and excellent interpersonal skills;
- A manager who mentors and leads by example;
- Background in higher education, sponsored research and/or health care is preferred; and
- A CPA certification and advanced degree is strongly preferred.
Please send applications and nominations to the Koya team working on the search:
Elizabeth Neumann and Mo Lashendock
Koya Leadership Partners
Villanova is a Catholic university sponsored by the Augustinian order. Diversity and inclusion have been and will continue to be an integral component of Villanova University’s mission. The University is an Equal Opportunity/Affirmative Action employer and seeks candidates who understand, respect and can contribute to the University’s mission and values. Villanova University is committed to providing leadership in the attainment of equal employment for all individuals. It is the policy and practice of Villanova University to recruit and select applicants on the basis of their qualifications and abilities. This effort is in compliance with all federal and state laws, including Title VI and VII of the Civil Rights Act of 1964, Title IX of the Educational Amendments of 1972, Section 504 of the Rehabilitation Act of 1975, Executive Order 11246, and the Americans with Disabilities Act.
About Koya Leadership Partners:
Koya Leadership Partners is a national retained executive search and human capital consulting firm that works exclusively with mission-driven organizations, educational institutions and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information, visit www.koyapartners.com.