Senior Director, Internal Audit

Job Title

Senior Director, Internal Audit

Job Description Summary

This is a Senior Director role within the Internal Audit Department, reporting to the SVP, Head of Internal Audit. This role is responsible for providing risk and control leadership, guiding audit teams and strategic initiatives. This includes preparing and executing a risk-based audit plan to assess, report on, and recommend value-added and practical improvements to address C&W’s financial, operational, and compliance objectives. The Senior Director will provide senior management with assurance as to the adequacy and effectiveness of the system of internal financial and operational controls within the company.

A successful candidate will develop relationships with business leadership across functions, service lines, and regions to provide a solutions-driven audit program and serve as a catalyst for change and serve as an audit consultant to all levels of management. The ability to lead with confidence and maintain independence and objectivity will be critical. Strong understanding of professional audit standards, COSO, and risk assessment practices is a must. A control and process-oriented mindset, strong analytical and problem solving skills, and desire and ability to identify, recommend and lead improvements is also important. This individual will also be a visible leader in the global finance organization, so management experience is required. A demonstrated track record of partnership, collaboration, colleague development, and building and maintaining a strong team culture is required.

Job Description

Responsibilities:

• Establish and maintain a dynamic, data-driven risk universe, long range audit plan, and risk assessment approach that aligns with C&W strategic objectives and industry standards
• Develop audit standards and approach, partnering with key stakeholders on content and strategy
• Manage audits with a collaborative tone and ensuring a constructive environment is maintained between the audit team and auditee
• Establish and communicate recommendations to mitigate current and emerging internal and external risks, ensuring appropriate escalation and reporting of issues impacting operations to address strategic, business and compliance objectives.
• Build successful relationships with client management to provide value-added consultation to influence and strengthen operational efficiencies and effectiveness, promote appropriate risk management awareness and mitigation, and provide opportunities for cost savings, and standardization and globalization of processes.
• Provide fair and balanced insights into current, emerging and potential issues, trends and opportunities that will enhance efficiency and effectiveness or that present changing risk
• Identify and implement innovative audit methodologies leveraging automation, AI, and analytics to improve audit effectiveness and efficiency
• Oversee data analytics using various tools to detect risks, optimize audit planning, and provide actionable insights to leadership.
• Prepare periodic reports for management, stakeholders, and Audit Committee on significant issues related to internal control processes and provide information concerning such issues through resolution
• Manage Audit Committee and Senior Management reporting and metrics
• Recruit, coach and develop a high-performing internal audit team so they are ready to transition to roles of increasing responsibility across the C&W finance organization  
• Ensure staff have career development plans that provide C&W with strong bench strength for future leaders and specialized individual contributors.
• Deliver reviews and projects on time, within agreed budget, and in accordance with audit methodology standards promulgated by the Institute of Internal Auditors.
• Drive cross-functional assurance and compliance initiatives (such as risk assessments, monitoring approach) with other functions

Qualifications:

• Bachelor's Degree, preferably in business related major (accountancy, finance, business administration, management information systems, etc)
• 12+ years of progressive experience in internal audit, risk management, or controllership, with experience at a public accounting firm or publicly-traded company, with at last 5 years in a leadership role
• Expertise in technical accounting, internal audit, accounting processes and Sarbanes Oxley compliance,
• Excellent project management skills
• CPA, CIA, or CISA
• Knowledge of professional audit standards, COSO framework, and risk assessment practices
• Knowledge and practical use of data analytics and AI in audit work
• Knowledge of IT General Controls standards a plus