What are the responsibilities and job description for the Director of Internal Audit position at Southwest Accounting Resources, Inc?
Publicly traded company in the East Valley is actively looking for a hands-on Director of Internal Audit. Base salary depends on the background and experience of candidate but in the $150-$190K plus 25% bonus and 25% equity.
Job Overview
The Director of Internal Audit is a key member of the leadership team, responsible for all aspects of the internal audit function, which includes ensuring the integrity and effectiveness of internal controls and risk management. This role involves maintaining the organization’s internal controls and Enterprise Risk Management framework, developing audit plans, conducting audits, reporting findings to the audit committee and senior management, and ensuring the implementation of corrective actions. The Director of Internal Audit also plays a key role in fostering a culture of integrity and accountability throughout the organization.
Responsibilities
Qualifications:
Skills and Competencies
Job Overview
The Director of Internal Audit is a key member of the leadership team, responsible for all aspects of the internal audit function, which includes ensuring the integrity and effectiveness of internal controls and risk management. This role involves maintaining the organization’s internal controls and Enterprise Risk Management framework, developing audit plans, conducting audits, reporting findings to the audit committee and senior management, and ensuring the implementation of corrective actions. The Director of Internal Audit also plays a key role in fostering a culture of integrity and accountability throughout the organization.
Responsibilities
- Establish a robust internal audit function that aligns with best practices and the organization's objectives.
- Identify and assess potential risks, including financial, operational, and compliance risks, and recommend mitigation strategies.
- Develop annual audit plans, schedule audits, and conduct fieldwork, including testing and data analysis.
- Prepare and present audit reports to the audit committee, senior management, and other stakeholders, highlighting findings and recommendations.
- Track the implementation of corrective actions to address identified issues and ensure that risks are effectively managed.
- Maintain the organization’s internal controls and enterprise risk management frameworks.
- Ensure compliance with applicable laws, regulations, and internal policies, and promote good corporate governance practices.
- Lead and manage the internal audit team, providing guidance, training, and development opportunities.
- Coordinate with external auditors to ensure a coordinated approach to auditing and reporting.
- Keep abreast of emerging trends, regulatory changes, and best practices in internal audit.
Qualifications:
- Bachelor's degree in accounting, finance, or a related field, and relevant certifications such as CIA CISA or CPA.
- At least 7 years of internal audit experience, preferably in multi-unit retail, dealership, or related industry.
- Extensive knowledge of internal audit principles, practices and procedures, Sarbanes Oxley, enterprise risk management.
- Proficiency in auditing standards, risk assessment methodologies, and relevant accounting principles.
Skills and Competencies
- Strong analytical and problem-solving skills.
- Proactive approach to identifying issues and implementing solutions.
- Excellent written and verbal communication skills, including the ability to present findings to various audiences.
- Ability to work collaboratively in a team-oriented environment.
- Demonstrated ability to thrive in fast-paced and dynamic environments.
