Director/Vice President Internal Audit

Job Description (Responsibilities):


The Director/Vice President of Internal Audit will be responsible for directing and performing, and supervising others in performing, internal audit reviews at the Company. The internal audit function is a relatively new function at the Company, and the Director/Vice President of Internal Audit will be responsible for designing and building the function and setting its direction. It is currently planned that the Director/VP of Internal Audit will have three direct reports. The Director/Vice President of Internal Audit will be responsible for coordinating the Company's internal audit reviews at the Company's headquarters in King of Prussia, PA, its two fulfillment centers in Kentucky and its customer service center in Melbourne, Florida. The position will also be responsible for developing and designing the internal audit function relating to the Company's nascent international operations which are based in Barcelona, Spain. The position will require some travel.

The Director/Vice President of Internal Audit will be responsible for the development and execution of the annual internal audit plan, including coordination with other departments within the Company and necessary outside advisors. The purpose of the plan will be to provide risk based financial, operational and information technology audit coverage to the Company. In addition, the plan will include financial transaction processing and reporting control assessment and testing coverage and support for the Company's ongoing assessment under Section 404 of the Sarbanes-Oxley Act of 2002. Execution of the plan will require planning, assessing (including fraud risk assessment), testing and reporting on financial, operational and information technology controls, identifying deficiencies and tracking and reporting remediation actions to management and the Audit Committee. The position will also involve the conduct of investigations, when relevant, in conjunction with the Company's Legal Department and follow-up on issues identified during audits to ensure proper resolution. The position will also involve coordinating with and providing support to the external auditor's annual examination of the Company's assessment and testing under the Sarbanes-Oxley Act.

The position will report directly to the Audit Committee and will have administrative reporting to the Executive Vice President and General Counsel. His or her reports will be presented to the Audit Committee regularly.

 

Required Qualifications:


Minimum Requirements:
The position will require an individual with at least 10 years prior experience, including at least 5 years in internal audit, preferably at both supervisory and staff level, and at least 2 years in accounting, preferably with a public accounting firm and with experience in retail, fulfillment and/or outsourcing. The individual will also require strong accounting, analytic and communication skills and a working knowledge of Section 404 of the Sarbanes-Oxley Act of 2002 and the COSO framework and related control models. This position will require a hands-on individual, who is willing and able to do detailed auditing and compliance work in addition to directing others and interacting with management, the Audit Committee and external auditors.

The individual will require at least a bachelor's degree in Accounting or Business Administration, preferably with a CPA or Certified Internal Auditor certification