Salary Mid-Point: $115,000
Location: Chicago IL
Job Type: Permanent
Job Title: Lead Internal Auditor (equivalent to Manager), [Hybrid: 2 days in office typically Tuesday and Thursday]
Company Location: Northbrook (near north Chicago suburbs) - Commutable by Metra train from downtown Chicago with free company shuttle (or walk less than 1 mile) to corporate headquarters.
- Private company gym onsite
- Starbucks onsite
- Subsidized corporate cafeteria
Additional insight from meetings with hiring manager and separately with HR manager:
Qualifications and Technical Highlights:
- Supervisory experience: Required (recent leadership with 2- 3 direct reports on audit projects)
- Roll-up sleeves, help educate businesses, build team
- 5 - 7 minimum years of relevant and progressive work experience
- Public accounting strongly preferred
- CPA, CISA or CIA strongly preferred (or in process)
- Team size: 12 global staff (VP, Senior Manager, Manager, Lead [3], Senior [5], Associate)
- Scope (current): 70% financial and operational; 30% SOX (Note: SOX will continue to decrease as separate SOX team take ownership of SOX)
- Team work experience prior to Company: Primarily public accounting (mostly Big 4), manufacturing industry experience
- Team travel: Up to 25% both domestic and international (still below 25% from COVID travel restrictions)
- International audits may require travel for up to 2 weeks
- Promotions: No set time for promotions; if candidate masters work and ready for promotion, can happen without a supervisor receiving a promotion (culture is to promote as soon as ready)
- Demonstrated experience and in-depth knowledge of Company businesses/operations and internal audit processes.
- Assists department management with risk assessment activities, staff development, and staff performance assessments.
- Plans, executes and supervises financial, operational and information systems audits to evaluate the adequacy and effectiveness of internal control processes.
- Identifies internal control issues/opportunities by reviewing internal controls, testing transactions, and analyzing data and recommends high value-added improvements to management.
- Communicates business risks, control issues/opportunities, and recommendations via reports.
- Provides project management for audits, including planning, staffing, scheduling, coordinating, report development, and performance assessment.
Detailed Responsibilities:
- Executes audit programs to achieve audit objectives by performing audit steps, coordinating audit activity and preparing documentation.
- Develops reviews, edits and submits audit reports and work papers that support audit conclusions and high value-added improvement recommendations requiring very minimal editing by management.
- Cooperates with outside auditors in support of the external audit.
- Plans, executes and supervises complex audit assignments. Works under very limited supervision of the department management.
- Formally trains and develops audit staff and provides significant input into performance review process.
- Communicates recommendations to auditors and department management.
- Travels as necessary to conduct audits.
- Provides project management on audits and provides direction and guidance to audit staff.
- Assists in the development of risk assessment.
- Demonstrates the ability to identify an issue through planning, inquiry, testing and/or analysis that later developed into a recommendation that created high customer value.
- Shown capability of formulating and presenting control assessments to clients and Company Management.
- Assists department management in planning and scheduling audits based on the audit plan approved by the audit committee.
- Assists in addressing team morale issues as they arise.
- Proactively markets the department as "world class" and as a high value add resource to the organization.
- Demonstrates ability to think creatively and to develop new risk-based audit methods, programs, procedures, processes or techniques.
- University Degree in Accounting, Finance, or a related field plus seven years auditing and/or equivalent experience and two years internal audit experience.
- Detailed knowledge of financial, operational and internal systems auditing processes.
- Demonstrated ability to present oral and written audit conclusions.
- Professional designation (CPA, CIA, CISA, etc.) or willingness to pursue certification.
- Travel - up to 25% domestic and international