Director of Internal Audit

Director of Internal Audit

• Oversee the internal audit and risk assessment function for the Company.
• Monitor internal controls and ensure objective compliance with internal policies and procedures as well as regulatory and legal requirements.
• Has reporting responsibility to the Audit Committee of the Board of Directors.

Duties and Responsibilities

• Develop an annual enterprise-wide risk assessment and audit plan that supports the Company’s strategic initiatives.
• Oversee the Company’s risk assessment processes and internal control environment.
• Evaluate the quality and reliability of internal control and compliance practices of the Company; regularly provide an objective opinion of the effectiveness of such controls and practices to the Audit Committee.
• With input from Senior Management and the Audit Committee, identify key financial, operational and systems risk related to controls and regulatory compliance.
• Oversee the testing of controls; ensure operational effectiveness and compliance with legal and regulatory requirements, and Company policies and procedures.
• Identify risk and opportunities for improvement, recommend necessary improvements to support compliance and Company objectives.
• Investigate and oversee the Company’s response to any alleged financial, operational and system control breaches.
  
• Develop and prepare management reports for Senior Management, the Audit Committee, Board of Directors, and external auditors.
• Follow-up on corrective actions to audit findings; ensure corrective action plans are appropriate, timely, sustainable, and executed.
• Serve as a point-of-contact for external auditors and consultants.
• Maintain an up-to-date knowledge and understanding of emerging audit trends, best practices, and standards of practice.
• Maintain a strong working relationship with Senior Management and the Audit Committee; facilitate ongoing communications and continuously assess changes to business and corporate risk profiles.
• Lead ongoing efforts to educate business units and business partners on the importance and role of internal audit to the long-term success of the Company.
• Manage the activities of the Internal Audit team. Provide leadership, coaching, and direction and to members of the department.
• Responsible for interviewing, hiring, planning, assigning or directing work, appraising performance, disciplining team members and resolving problems.
• Other duties as deemed necessary

Qualification Requirements

• Minimum Education: Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
• Minimum Work Experience: Ten (10) years of progressive financial and/or audit experience. Experience as Controller or similar role as well as experience in the consumer products industry is preferred.
• License(s) / Certification(s): Certified Internal Auditor (CIA). Certified Public Accountant (CPA) is preferred.

Travel Requirements

• 25-50% Travel Required

Knowledge, Skills and Abilities