Director, Internal Audit

Summary

The Director of Internal Audit will develop and execute a comprehensive audit program that is responsive to the operational, financial and control risks across all divisions, business units, affiliates or subsidiaries of the Company. This position will directly manage the coordination, execution, monitoring and reporting of compliance with GAAP, GAAS, statutes, regulations, policies and the provisions of Sarbanes Oxley.

 

Essential Duties and Responsibilities include the following.  Other duties may be assigned. 

? Develop an understanding of the operations of all business units and evaluate these operations to ensure policies and procedures are in conformation with generally accepted accounting principles. Proactively provide insightful recommendations to business units in order to improve internal control procedures and efficiency.

? Develop and execute the Annual Audit Plan based on an assessment of Business/Financial Risk, which provides adequate coverage of areas of significant exposure and satisfies all Sarbanes-Oxley requirements. Oversee all aspects of the execution of the Annual Audit Plan, ensuring resources are effectively deployed and costs controlled.

? Present to the Audit Committee the Annual Audit Plan, including quarterly updates and changes as required. Disseminate and share knowledge on best practices to both senior management and the Board of Director?s Audit Committee.

? Maintain an in-depth understanding of the Sarbanes-Oxley Act and advise senior management on the ramifications to the Company.  Oversee narrative updates, planning and testing of key business processes in relation to Sarbanes-Oxley.  Analyze data obtained for evidence of deficiencies in control, duplication of effort, extravagance, fraud, or lack of compliance with laws, government regulations and management policies and procedures. Report issues found during the Sarbanes-Oxley testing to the General Counsel and external auditors.

? Act upon irregularities uncovered by audits and report conflicts of interest and unethical conduct to senior management and Audit Committee.

? Work closely with the Chief Accountant, Controller, executive management and external auditors to ensure efficient and effective testing, remediation and re-testing of key controls affecting financial reporting. Ensure that appropriate test plans, process documentation, change control documentation and change control testing are performed for all IT based, business process-based, and internal control based changes.

? Ensure the Company is adhering to prudent financial and operational controls and managing its resources efficiently and effectively.

 QualificationsBS/BA in Accounting
CPA, CIA, CISA certification
10+ years related experience to include progressively more responsible duties relating to audit, general accounting, and operations.Experience managing/implementing all elements of Sox 404 requirements for a publicly traded entity.Demonstrating experience in building and leveraging internal and external alliances while driving for results.Strong project management abilities, solid understanding of IT controls, analytical skills.Strong knowledge of GAAP, GAAS and COSO internal control framework.Retail Industry experience preferred.Public Accounting experience with a Big 4 firm preferred.Proficient use of all MS Word, Access, Excel, PowerPoint and audit software ACL.