Internal Audit Senior Manager

Audit Senior Manager with a $3 billion public company.
 

Summary

The Audit Senior Manager is responsible for interpreting and reporting the results of audit work performed and identifying control weaknesses and making practical recommendations to business process owners.

Responsibilities

• Responsible for all aspects of assessments, internal audits and investigations, external auditor assistance, SOX testing and advisory services (projects) in accordance with internal standards and any government and regulatory statutes.
• Leads the execution of audits by overseeing the work of the project manager and staff, ensuring the audit work is properly documented and supported through review of the work papers in Teammate.
• Manages internal audit projects to ensure that internal controls are adequate, and that policies and procedures are being adhered to throughout the company.  Makes recommendations to improve internal controls and operations as needed.
• Understands the importance of an integrated audit approach, while working with businesses in evaluating and strengthening their operational assessment program.
• Understands and accurately evaluates risks and controls as they relate to business objectives. Identifies risks in compliance with corporate standards and regulatory requirements.
• Prepares clear and concise internal documentation and prepares the audit reports in a timely manner.
• Actively participates in establishing the scope and objectives of the project with the CAE.
• Reviews audit steps, tests and procedures to ensure the audit achieves project scope objectives. 

• Validates Remediation Plans
• Performs and documents the validation of corrective actions from assigned projects and makes a recommendation to the CAE on if the finding should be closed.

• As a member of the Internal Audit Department Management group, each manager may have ad hoc items of managerial responsibility as determined by the CAE.
• Audit Committee reporting
• Risk Committee reporting
• Participation in Risk Assessment
• Develop or amend department policies and procedures
• Leads the Quality Assurance and Improvement Program for the department

• Manage department staff
• Recruits, oversees, and evaluates the performance of audit staff.

• Participates in the use of available technology to appropriately improve processes.  Uses data mining/analysis.
• Ensures that Business and Executive Management are notified of the start of the project and the pre-audit questionnaire is prepared and delivered to the appropriate members of management per the Communication Guide.
• Identifies risks in compliance with corporate standards and regulatory requirements.
• Understands the importance of an integrated audit approach, while working with businesses in evaluating and strengthening their operational assessment program.

• Has a general awareness of the financial and regulatory environment of the corporation and of its business products and support activities.
• Protects the Company’s authority to do business by complying with legal and ethical standards, policies and procedures.
• Documents and adheres to best practices and in compliance with the Internal Audit department manual and the Institute of Internal Auditors International Professional Practices Framework (IPPF).

Requirements

• BA/BS and/or Advanced degree in Accounting, Finance or equivalent
• CPA, CIA, or other industry-relevant designations
• Meaningful controls testing experience
• Excellent knowledge of audit principles, practices, and methodologies including risk assessment, and audit documentation.
• 6-10 years of relevant work experience including public accounting experience as a senior manager.  Internal audit experience is a plus.
• Insurance and/or securities industry experience
• Experience/familiarity in data analysis in an audit context via use of tools such as ACL, IDEA, or SQL