Internal Audit Director

Location: Medina, OH
Job Id
EB-4262925229
Job Type
Direct Perm
Date Posted
4/03/2019
Disciplines
Accounting & Finance
Min Years Experience
10

Position Title: Director of Internal Audit

Division: Corporate Headquarters

Department: Internal Audit

Reports To: Senior Director, Internal Audit & Chief Audit Executive

Purpose of Position

This position is responsible for coordinating and managing the financial and internal control audit activities of ’s Internal Audit Department. These audit activities include internal control audits at the majority of the Company’s large subsidiaries in support of “Management’s Assessment of Internal Control over Financial Reporting” as well as financial statement audits at certain of the Company’s smaller worldwide locations

In addition, the Internal Audit Department may work on various other projects on an ad hoc basis. The Director, Internal Audit reports directly to the Senior Director of Internal Audit & Chief Audit Executive (i.e., the CAE). The CAE reports directly to the Audit Committee of the Board of Directors during the execution of the procedures described above. For administrative purposes, the CAE reports directly to the Senior Vice President, General Counsel and Chief Compliance Officer. This role is expected to travel approximately 10% - 20% of the year.

Essential Functions

Provide leadership surrounding the internal control audit site visits, which consists of evaluating the design and testing operating effectiveness of key internal controls. These responsibilities include:
  • Training and supervising Managers, Seniors, Staff Auditors and Interns in ensuring the effective and efficient execution of the audit.
  • Ensure all of Internal Audit’s activities have been effectively coordinated with the external auditor, who significantly relies on the work of Internal Audit for the purposes of their independent internal control audit.
  • Participate in closing meetings with local financial managers to communicate the results of the audit and activities that need to be performed to remediate internal control findings.
  • Manage the “Summary of Internal Control Findings,” including ensuring that local management understands what need to be done to remediate an issue and that each finding has been assigned to an Internal Audit team member, who will be responsible for reviewing and concluding upon management’s remediation activities.
  • Provide training and re-enforcement to worldwide financial managers regarding the expectations surrounding the Company’s internal control framework.
  • Provide timely status updates to the CAE and external auditors regarding audit issues identified, staffing issues, concerns with local management, etc

Manage the day-to-day financial statement audit site visits in accordance with Internal Audit’s audit program. These responsibilities include:
  • Perform and document an annual “risk assessment” to identify locations that will be subjected to a financial statement audit.
  • Training and supervising Managers, Seniors, Staff Auditors and Interns in ensuring the effective and efficient execution of the audit.
  • Provide training and re-enforcement to worldwide financial managers regarding the expectations surrounding the Company’s internal control framework.
  • Participate in closing meetings with local financial managers to communicate the results of the audit and activities that need to be performed to remediate internal control findings.
  • Manage the “Summary of Internal Control Findings,” including ensuring that local management understands what need to be done to “remediate” and issue and that each finding has been assigned to an Internal Audit team member, who will be responsible for reviewing and concluding upon management’s remediation activities.
  • Provide training and re-enforcement to worldwide financial managers regarding the expectations surrounding the Company’s internal control framework.
  • Providing timely status updates to the CAE and external auditors regarding audit issues identified, staffing issues, concerns with local management, etc.

Effective Communicator – The Director will serve as a critical link between Internal Audit and communication to management (audit reports, audit findings etc.). The Director will prepare and present key management communications focusing on clear and concise communication and key action items expected of management.

Subject Matter Expert/Trainer/Consultant – This role is expected to be a subject matter expert with respect to internal audit and internal controls. This role will train financial managers on effective and efficient methods of executing and documenting controls. Furthermore, this role will serve as a consultant with respect to the design of controls at new acquisitions, or at existing companies that execute transformational ERP implementations, create shared services centers, etc.

Recruiter/Dynamic Leader – This is a highly visible role, with various stakeholders (i.e., External auditors, Internal Audit Department, Corporate Finance, Financial Managers at Operating Companies, etc.). As such, this role requires someone with excellent leadership skills, to ensure the Internal Audit function is meeting each of the stakeholders’ needs. A critical component of success in this role is being able to identify and recruit Interns, Staff, Senior, and Managers that will be able to effectively contribute to the mission of the Internal Audit function.
  • Respond to internal requests for support or assistance in a prompt and professional manner.
  • Keep abreast of laws, rules and regulations issued by applicable regulatory agencies with which the Company must comply.
  • Maintain personal and professional competency through appropriate participation in professional organizations and attendance at relevant internal and external training opportunities.


Education/License/Certification/Experience Requirements

  • At least 10 years of experience is preferred.
  • Certified Public Accountant or Certified Internal Auditor are preferred.
  • Knowledge equivalent to the completion of a Bachelor's degree in Accounting or a related field.
  • The ideal candidate would have a mixture of experience in public accounting, as a financial manager at an operating company within a publicly traded company, as a financial manager within the Corporate Headquarters of a publicly traded company, and/or as a senior executive in the Internal Audit function of a publicly traded company.

Knowledge and Skills Required for Position

  • Positive Attitude & willingness to travel in small teams
  • Ability to communicate, learn, and be self-sufficient
  • Effective oral and written communication skills
  • Ability to understand and follow directions
  • Business office skills - ability to use a laptop computer (including word processing and spreadsheet applications)

Endevis, LLC. and all companies represented are Equal Opportunity Employers and do not discriminate against any employee or applicant for employment because of age, race, color, sex, religion, national origin, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

IND-D07

Endevis, LLC. and all companies represented are Equal Opportunity Employers and do not discriminate against any employee or applicant for employment because of age, race, color, sex, religion, national origin, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.