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Vice President, Internal Audit

Turo
United Statesfull_timeVerifiedPosted 26 May 2023

About the role

As the world's largest car sharing marketplace, Turo is growing fast and hiring talent in the US, Canada, the UK, France, and Australia! Our driven, down to earth team empowers you to push yourself, make a huge impact, and accelerate your career growth.

About the team

We're looking for a VP, Internal Audit to join our growing Turo team! Reporting to the Audit Committee of the Board of Directors, with a dotted line to the Chief Financial Officer, this role will establish and build the internal audit function at Turo. This person will contribute to the strategic planning, project management, and delivery of independent and objective evaluations of the company’s financial, operational, risk management, and compliance control environment. The VP, Internal Audit should have a firm grasp of SOX compliance and requirements and their appropriate assertions and reporting.

This is a hybrid role that can be based at either our HQ in San Francisco, CA or our office in Phoenix, AZ. 

 

What you will do

  • Develop and oversee Turo’s internal audit strategy including the balance of in-house and/or outsourced internal audit resourcing to meet the needs of the testing areas required.
  • Oversee and execute efficient and effective SOX 404 Compliance program, including planning, coordinating, testing, reporting, remediation and driving project alignment within the team, including co-sourced third-party provider and key stakeholders (including business process owners, IT owners and external auditors).
  • Implement processes and procedures to include internal audit frameworks, methodologies and assurance programs. 
  • Build and lead an internal audit team.
  • Lead risk based financial, compliance, operational and IT systems audits to help the company minimize risk and maximize performance.
  • Review internal control design, implementation, risk assessment and scoping process to help ensure an adequate review of Turo’s overall control environment.
  • Monitor accounting activities across the organization including interpreting and developing policies to ensure compliance with company SOX policies and US GAAP/SEC and other statutory regulations.
  • Evaluate the current set of in scope controls and recommend ways to rationalize and optimize controls through automation. Incorporate leading practices related to risk assessment, audit process development, utilization of automated audit tools, and data analytics.
  • Identify opportunities for enhancing efficiency and effectiveness of financial, operational and compliance processes.
  • Serve as a reliable and insightful resource for implementing controls within a business process in an efficient and effective manner.
  • Lead and manage the implementation of  the Company’s Enterprise Risk Management (ERM) program.  
  • Perform other tasks and projects as assigned in support of internal audit team and corporate objectives such as business process improvements, planning and execution of audit projects.
  • Provides an independent perspective of management’s risk and control practices while employing a consultative and hands-on approach to solving business issues. 

 

Your profile:

  • An experienced professional with 10+ years experience of internal audit, compliance, practical business experience and history of running an effective Internal Audit department. 
  • Current CPA, CIA or CISA required
  • Ability to build strong relationships and advise executive leadership and the Board with respect to audit and control issues. 
  • Unquestionable and impeccable ethics and integrity.
  • A deep understanding of GAAP, COSO, Sarbanes Oxley, and PCAOB Rules and experienced in the use of auditing and assessment frameworks and the application of professional standards.
  • In-depth understanding technical accounting and SOX methodologies (risk assessment, control design, and testing strategies).
  • Demonstrated ability to excel in an innovative, fast-paced environment, with rapid exploration and ability to execute.Strong interpersonal, organizational and project management skills and an ability to work in an environment with multiple priorities. 
  • Strong communicator, able to convey complex ideas in a clear, concise manner.
  • Comfort in both business and technical discussions. Ability to influence and communicate effectively across all levels and teams across the organization to achieve mutually beneficial outcomes.
  • Experience building an internal audit department and developing processes and controls is highly preferred.

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Benefits

  • Competitive salary, equity, benefits, and perks for all full-time employees
  • Employer-paid medical, dental, and vision insurance (Country specific)

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Company

Turo

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