Reports to: CFO
Location: San Francisco Bay Area
Email: resume@bpsearches.com
Position Summary
Under the direction of the Audit Committee and the CFO, the Head of Internal Audit is responsible for planning, executing and managing audits related to financial risk management, systems and controls of the Company and its related entities, reviewing findings with the Audit Committee, external auditors and senior management, and providing recommendations for issue resolution. This position partners with cross-functional groups in the implementation of process improvements that deliver value to our business and ensure effective internal controls.
Principal Responsibilities
- Developing an annual internal audit plan that provides adequate risk coverage to assist the Audit Committee in carrying out the control aspects of the committee’s charter while at the same time helping internal stakeholders achieve their objectives through strong financial reporting, operational and compliance controls.
- Developing and conducting audits to determine the reliability and effectiveness of financial risk management, systems and controls that meet IIA standards and regulatory guidelines.
- Effectively managing resources to complete high quality audit projects on time and within budget.
- Evaluating the reliability and integrity of financial information and the means used to identify, measure, classify and report such information.
- Evaluating the financial and accounting systems established to ensure compliance with those policies, plans, procedures, laws and regulations which could have a significant impact on the company.
- Evaluating the means of safeguarding assets and, as appropriate, verifying the existence of such assets.
- Evaluating the effectiveness and efficiency with which resources are employed.
- Evaluating operations or programs to ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned.
- Evaluating the quality of performance of external auditors and the degree of coordination with the internal audit function.
- Performing consulting and advisory services related to financial risk management, systems and controls and best practices for the company, as appropriate.
- Reporting periodically on the internal audit function’s purpose, authority, responsibility and performance relative to its annual plan.
- Liaise with the Chief Compliance Officer and General Counsel on financial risk management, systems and controls, and other matters, as appropriate.
- Reporting significant financial risk exposures and control issues, including fraud risks, governance issues and other matters needed or requested by the Board or Audit Committee.
- Evaluating other matters at the request of the Board, Audit Committee or management, as appropriate.
Education
- Minimum of 8+ years of relevant professional experience
- BA or BS degree in Finance, Accounting or Business Administration
- Certified Public Accountant or Certified Internal Auditor required
- Big 4 experience is preferred
- Significant experience working in internal audit, external audit and risk management roles
- Strong business acumen and judgment, and current knowledge of the company’s markets/products, operations and industry trends
- Strong project management and communication skills
- Proficiency in MS Word, Excel, PowerPoint and flowcharting packages