Well established, very reputable and rapidly growing manufacturing company is looking to hire a Director of Internal Audit in the Sarasota, Florida area.
This role comes with a very competitive compensation plan commensurate with experience with a base salary ranging from $130k to $150k plus a 30% annual bonus and 30% LTI plus relocation assistance.
The ideal candidate will possess experience with SOX compliance, leading an internal audit team, working with all levels of managment to advise on enterprise, fraud, and financial risks, thought leader with solid operating knowledge of control frameworks with the ability to improve efficiencies.
All candidates must be legally authorized to work in the U.S.
location: Sarasota, Florida
job type: Permanent
salary: $130,000 - 150,000 per year
work hours: 8am to 5pm
responsibilities: Lead Sarbanes Oxley Compliance Procedures:
This role will internal audit's Sarbanes Oxley Compliance work, including walkthroughs (tests of design) and controls testing (tests of operating effectiveness) for all business process, entity level, and IT General Controls for all divisions. The Director of IA is responsible for coordinating with our external audit firm regarding reliance procedures. The Director must also coordinate with key members of management to discuss control gaps, exceptions, and advise the team on financial and fraud risks as well as make recommendations regarding remediation plans and procedures. The Director will also lead annual SOX training for key Accounting, Finance, and IT team members. This individual must have experience and understanding of the COSO 2013 and COBIT 2019 control frameworks. The Director of IA will report on progress of SOX compliance to the Audit Committee quarterly and will provide their conclusion on management's controls to the CFO and Audit Committee at least annually. Lead and Advise on Enterprise Risk Management:
This role will be directly responsible for coordination of our corporate enterprise risk management program. The Director of IA will lead the internal audit team in performing and annual enterprise risk assessment (ERA), coordinating with relevant department leads to build our enterprise risk library. The Director of IA will use the results of the ERA to build an operational audit program each year and will report on the top risks to the Audit Committee. Build an Operational Audit Program:
The Director of IA will be responsible for building an annual operational audit plan, abiding by the IIA's IPPF. The Director will oversee internal audit's developments of audit program/procedures for each operational audit and will coordinate with management to report and discuss any findings identified over the course of internal audit's procedures. The Director of IA will function as a trusted partner and advisor to management, seeking to help us further improve on our existing processes. Lead and Advise on Fraud Risk Management:
The Director of IA will lead fraud risk training sessions annually for key members of management, as well as fraud brainstorming sessions with management. The Director will oversee IA's mapping of the identified fraud risks to management's controls and operational activities, and provide a summary memorandum, including any recommendations for improvement, to the CFO, Corporate Controller, and Audit Committee Chair. The results will also be presented to the Audit Committee annually. Other Responsibilities
: In addition to the specific areas described above, the Director of IA shall also be responsible for
- Advise management on improvements to our internal control environment as needed.
- Communicating and liaising with external auditors as needed.
- Maintain the highest integrity and confidentiality as it relates to all internal audit related projects.
- Interact effectively with co-workers at all levels, to foster and maintain solid working relationships throughout company.
- Assist in the performance of management ad-hoc requests and/or special projects as needed.
Other duties may be assigned to the Director by the CFO and Audit Committee.
This position will have the responsibility to manage and develop the staff in the Internal Audit department.
The Director of IA will develop future audit and/or accounting leaders through talent development, training and mentoring of individuals, as well as staffing and recruiting of necessary skill sets. The Director will also play a key role in the design of the organizational structure, to ensure it is adequate for achieving the department's goals and objectives
CERTIFICATES, LICENSES, REGISTRATIONS
- Minimum 5 years leadership experience in Internal Audit or Accounting Management.
- CPA, CIA, or CISA certification preferred
- Manufacturing company experience preferred
- Bachelor's Degree in Accounting or equivalent required. MSA and/or MBA preferred
- Big 4 Accounting firm experience or industry experience coordinating with Big 4 Accounting firms preferred
- Proficient knowledge of Sarbanes-Oxley legislation, PCAOB standards and associated compliance requirements
- Proficient knowledge of the COSO 2013 and COBIT 2019 control frameworks.
- Ability to assess additional frameworks for their application to the company environment
- Proficient understanding of internal auditing, generally accepted audit standards, accounting principles and practices, audit/accounting terminology and concepts, based on the IIA's International Professional Practices Framework (IPPF)
- Knowledge of ERP systems
- Ability to travel approximately 30% of the time required
- Proficient in Microsoft Office (Excel, Word, Power Point, and Visio)
- Requires excellent oral, written, and interpersonal communication skills
- CPA, CIA, or CISA Preferred
- Experience level: Manager
- Minimum 5 years of experience
- Education: Bachelors (required)
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.