Staff Internal Auditor

Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take.

Realty Income’s employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement. 

Realty Income is committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day.

Position Overview:

The Staff Internal Auditor is responsible for executing financial and operational internal audits, Sarbanes-Oxley (SOX) compliance activities, process reviews, and various ad hoc projects assigned. The Staff Internal Auditor has a unique view of Realty Income with a lens into all aspects of the business operations.

The mission of Internal Audit is to provide independent, objective assurance and consulting services designed to add value and improve Realty Income’s operations by identifying preventable risks.

Internal Audit supports the Company in accomplishing its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. The objectives of Internal Audit are to assist all levels of management and the audit committee of the company’s board of directors in the effective discharge of their responsibilities, by conducting thorough independent audits of their activities and furnishing recommendations, counsel, and information concerning activities reviewed.

Internal Audit functionally reports to the Realty Income Audit Committee Chair of the Board of Directors and administratively to the Chief Financial Officer. Internal Audit is part of the larger Finance organization.

Key Responsibilities:

Sarbanes-Oxley 

• Maintain the Sarbanes-Oxley risk control matrices, which map internal controls to related control objectives and financial statement and disclosure assertions.
• Maintain appropriate process documentation including narratives and flowcharts.
• Effective project management of work assignments, including document requests and communication and follow-up with stakeholders to ensure project milestones are met.
• Prepare for and lead walkthroughs with minimal supervision, design and execute testing, and evaluate the design and operating effectiveness of internal controls.
• Build an understanding of company processes and related risks and controls. Identify gaps and actively participate in discussions to develop potential solutions to issues. Escalates issues to management for input.
• Understand and facilitate implementation of Sarbanes-Oxley compliance best practices.
• Assist with quarterly SOX 302 Certification project, evaluate management responses, and provide guidance and feedback as needed.  
• Interpret changes in the regulatory environment (e.g., SEC, PCAOB) or industry frameworks (e.g., COSO) and provide recommendations to meet those requirements and improve business processes. 

Internal Audit Plan

• Maintain an informed perspective on organizational risks.
• Participate in financial and operational audits to assess the effectiveness of internal controls and compliance with policies.
• Prepare for and lead effective walkthroughs, eliciting objective responses from stakeholders through structured probing interviews.
• Prepare work papers efficiently and with minimal assistance in accordance with professional standards.
• Analyze data and processes to identify areas for improvement and develop and present value-added recommendations to increase efficiency and improve processes.
• Identify reportable issues, perform root cause analysis, and actively participate in discussions to develop effective solutions.
• Analyze remediation activities proposed by management, verify activities are designed to address the root cause and provide recommendations or guidance as needed.
• Communicate results of the audit and consulting projects via written reports and/or oral presentations to management, in a clear and concise manner.