VP, Internal Audit

Lantheus is headquartered in Bedford, Massachusetts with offices in New Jersey, Canada, and Sweden.  For more than 60 years, Lantheus has been instrumental in pioneering the field of medical imaging and has helped physicians enhance patient care with its broad product portfolio. 

Lantheus is an entrepreneurial, agile, growing organization that provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions that empower clinicians to find, fight and follow disease.  At Lantheus our purpose and values guide our behaviors in all interactions and play a vital role in creating a dynamic environment that contributes to our success.  Every employee is crucial to our success; we respect one another and act as one knowing that someone’s health is in our hands.  We believe in helping people be their best and are seeking to bring together a diverse group of individuals with different viewpoints and skill sets to be a part of a productive and inclusive team. 

Summary of Role:

The Head of Internal Audit will be responsible for leading and continuously improving an Internal Audit Program to support Lantheus’ transformational journey. This role reports to the Audit Committee with an administrative reporting line to the Chief Financial Officer. This role has leadership responsibility for the Audit function, including implementing and ensuring appropriate internal controls and processes are in place as the company continues to grow and maintaining efficient and effective governance. The role will oversee the annual Audit Plan with a focus on Financial, Operational, Compliance and Strategic risks, including a focus around Sarbanes-Oxley ("SOX") compliance. The successful candidate will serve as an internal advisor to business leadership and ensure the audit team is seen as a forward-thinking business partner. The audit team must add value by not only proactively identifying and assessing potential control issues, but also creating the appropriate strategies to mitigate potential risks. The successful candidate must be capable of building internal and external relationships to develop an internal audit function that helps architect and add value versus solely monitor internal controls. 

ESSENTIAL RESPONSIBILITIES:   

• Responsible for leading a flexible, risk-based Global internal audit strategy and the continuation of financial, operational, compliance and strategic audit plans by working with both business and IT colleagues and stakeholders to lead the planning, fieldwork, and reporting of integrated audits and other projects. 
• Actively participates in applicable executive management forums and Audit Committee meetings to report the progress of the department relative to the annual audit plan and any audit issues that arise. 
• Leads a team responsible for development and implementation of detailed test plans to assess the current control environment to identify areas of control weakness / gaps for the internal audit plan, including SOX initiatives. 
• Oversees control testing across the business. Effectively develops and communicates timelines and role assignments to ensure a timely and accurate consolidation of internal audit and SOX results while driving accountability across the business. 
• Works regularly with internal business process owners to assess design and operating control failures through review of root cause assessments. Effectively communicates findings and practical recommendations, helps guide remediation efforts to closure, and advises on control requirements for new systems or process design. Follow-ups on required remediation to ensure control gaps are adequately addressed and aligned to completion dates. 
• Maintains current understanding of all related internal systems and processes, and external regulatory requirements; Acts in accordance with all corporate policies and practices, and ensure work follows all internal policies and external regulatory requirements. 
• Works closely with the Company's external auditors, including coordinating the annual risk-based audit plan and SOX initiatives, with the objective of increasing the effectiveness and efficiency of the audit function by maintaining or exceeding the current level of external auditor reliance. 
• Develops relationships as a trusted business advisor; provides value-added insights to senior management through participation in business or functional leadership Committees, enterprise risk functions, M&A, deal reviews, etc.. Informs senior management of emerging trends and best practices in operational and IT governance, risk, and compliance. 
• Structures and manages both the internal team and any co-source supporting resources for maximum effectiveness and impact. 
• Leverages technology to enhance the business and maintain a competitive advantage, while working to