Manager, Internal Audit

Established in 1919 and traded on the NYSE, Standard Motor Products, Inc. (SMP) is a leading independent manufacturer and distributor of premium automotive replacement parts utilized in the maintenance, repair, and service of vehicles in the automotive aftermarket. Additionally, SMP provides customized solutions for vehicle control and thermal management products in diversified end markets represented by its Engineered Solutions segment.

Globally, SMP employs over 6,000 employees across nearly 40 manufacturing, distribution, and engineering facilities and offices located in North America, Europe and Asia. SMP sells its products primarily to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries.


Position: Manager, Internal Audit
Company: Standard Motor Products, Inc. ($1.3 billion, global, NYSE manufacturer/distributor of vehicle and temperature control systems for the automotive aftermarket, and engineered solutions for diverse non-aftermarket end markets). The company provides comprehensive benefits along with a hybrid work schedule (3 days in office and 2 days work from home) and a collaborative, employee-centric work culture.

Location: Long Island City, New York

Reports To: Director, Internal Audit

Overview:

The Manager, Internal Audit will play a critical role in ensuring the company’s compliance with regulations, identifying and mitigate risks, and driving continuous improvement in the company’s processes and controls. The successful candidate will have a strong track record of leading audit teams, excellent communication and interpersonal skills, and a commitment to achieving results.
The Manager, Internal Auditor will plan, manage and execute Internal Audit reviews/special projects in accordance with accepted professional standards and report the results of those reviews to the Director, Internal Audit & Senior Management (CFO, CAO & CEO). In addition, the Manager, Internal Audit will manage responsibility for the effectiveness and continuous improvement of the in-place company-wide control environment along with coordinating results with external auditors and reporting activities to the Audit Committee. The ideal candidate will have hands-on experience identifying and addressing financial, operational, IT and compliance risks in business processes, evaluating the design of internal controls, and managing audits to assess the effectiveness of processes and controls.

The expectation is that the individual in this role will be eligible for job rotation within 2-3 years.
Activities: Primary responsibilities of the position would include:
• Lead and manage a team of auditors (consisting of two direct reports) to conduct audits in accordance with the company’s policies and procedures, and generally accepted auditing standards.
• Plan, conduct, review and monitor the performance of special projects (including cross-functional projects with business owners, IT and Senior Management) and risk-based audits including the enhancement of audit plans, programs and/or documentation in accordance with best practices by accepted professional standards.
• Assist the Director, Internal Audit in the development of our data analytics program including use of the Business Intelligence (BI) Tool to enhance audit procedures.
• Work with the team as we increase our use of third party audit and SOX solutions in an effort to increase use of automation in our audits.
• Partner with business owners to continuously develop an understanding of the business, its processes and operations, and to identify control enhancement and process enhancement opportunities. Including identifying the financial and operational risks of the organization and offer recommendations to reduce risk.
• Responsible for the effectiveness and continuous improvement of the in-place company-wide SOX control environment. Oversee the development and management of approximately 8 independent SOX testers.
• Assist in the coordination of audit activities with external auditors.
• Effectively communicate results of activities in an accurate and concise manner verbally and in writing to Senior Management (CAO, CFO, Controller).
• Keep abreast of changes in auditing and accounting professional standards and recommend modifications to the audit strategy and annual plan as necessary.

Experience and Skills Requires: To function as the Manager, Internal Audit the following experience and skills:
• Approximately 7-10+ years of experience in a combination of internal audit, “Big 4” audit, and/or internal audit advisory practice in a CPA firm.
• Proven track record of s