Dir., Internal Audit

Internal Audit’s mission is to provide independent, objective assurance of the operating effectiveness of financial, operational and compliance internal controls. Internal Audit also examines the effectiveness and scalability of business processes that support strategic objectives and acts in an internal consulting role to improve business process.  As a broader role, the director of internal audit is instrumental in cementing the finance department culture and is a driving force behind shaping finance associates career ladders, development and training programs

Responsibilities

The Director of Internal Audit is responsible for:

• Developing the annual audit plan using an appropriate risk-based methodology.


• Managing implementation of the audit plan, including special projects requested by management and the Audit Committee.


• Coordinating with the company’s external auditors and managing the integrated audit budget.


• Assisting in SOX compliance, primarily evaluating risk and testing operational and information technology controls.


• Issuing detailed project reports after the completion of each audit. 


• Tracking and reporting on remediation activities and assessing the effectiveness and sustainability of new controls and business processes.


• Assisting in the investigation of suspected fraudulent activities.


• Presenting audit results, annual plan, SOX annual report and risk assessments to the Audit Committee.


• Recruiting, developing and managing a professional audit staff, which also includes creation of the Singapore audit team.


• Maintaining working relationships with management, peers, audit staff and other internal and external stakeholders.

Position Requirements

• Outstanding personal ethical standards, superior judgment, fairness and independence of mind.


• Ability to impact management behavior as a team player and as an enabler of change while at the same time being a clear and uncompromising guide to the rule of the law.


• Minimum five years of external or internal audit management experience.


• BS/BA in accounting or finance required, MBA preferred.


• Knowledge of GAAP, COSO and SOX 404 program experience.


• CPA, CIA or CISA preferred.


• Effective oral and written communication with cross-functional management.


• Broad business experience: accounting, operations and high-tech. manufacturing.


• Effective project and program management skills, including planning, staffing, task completion and adherence to deadlines.


• 10% to 20% travel commitment, primarily to Asia.