Vice President of Internal Audit

Job Summary: 
 
The Vice President of Internal Audit will lead the development and execution of a risk-based audit plan to evaluate and improve the effectiveness of the Company’s risk management, control, and governance processes. This role will implement departmental strategy, contribute to annual functional goals, oversee the SOX testing program, interface with external auditors regarding the testing of the control environment and report audit outcomes directly to senior leadership & the Board Audit Committee. 
 
Duties/Responsibilities: 

• Maintain strong knowledge of the Company’s core business and assist in developing a risk and control assurance program aligned with company objectives and risk appetite.  

• Lead the development of departmental strategy, Audit Committee reporting, external auditor engagement, and departmental initiatives such as data analytics, trend reporting, etc.  

• Design and execute financial compliance and operational audit programs according to the audit plan, including financial reporting controls, performing operations and compliance audits, optimizing outside audit fees by leveraging department work, developing test and inspection procedures, leading independent SOX testing, and communicating findings in a timely manner. 

• Build collaborative relationships with business leaders & external audit partners to promote understanding of risk, control, and governance.  

• Lead hybrid team (internal & external staff) in the performance of audits (and special requests such as investigations) and oversee execution of assigned portion of audit plan.  

• Critically evaluate issues identified during audit process and corresponding business risk. Develop recommendations to enhance controls and partner with the business to develop workable solutions.  

• Provide coaching and development to all team members 

• Provide executive management and audit committee with formal, periodic status and audit findings reports. 

• Identify, develop, and implement improvements in audit practices (reporting, policies, procedures, audit programs, computerized applications, etc.)  

• Coordinate internal audit work performed by third-party providers, as needed.  

• Maintain a library of SOX and department documentation including developing and maintaining documentation standards for SOX process flowcharts, matrices, test programs and work paper technique, making the latest versions readily available to process owners, maintaining test work papers, and monitoring and summarizing self-assessment and self- test program results. 

• Responsible for reporting potential control deficiencies noted, procedural changes that have occurred or may occur which may require update to SOX documentation and suggest improvements to the financial control environment. 

Required Skills/Abilities: 

• Ability to analyze Insurance business processes and recommend control improvements.  

• Strong verbal and written communication skills; able to influence and collaborate effectively.  

• Organized, deadline-driven, and adaptable in a dynamic environment.  

• Solid understanding of auditing concepts and ability to apply them to complex scenarios. 

• Proficiency in interacting with management and external auditors.  

• Skilled in establishing and cultivating internal working relationships. 

• Ability to develop direct reports and build a team. 

• Results driven with highest ethics and integrity. 

• Expertise in motivating a team, prioritizing deliverables, and acting decisively. 

• Excellent verbal and written communication skills. 

Required Education & Experience 

• Bachelor's degree in accounting, or related discipline.  

• CPA required.  

• 10+ years of audit experience in public accounting (“Big 4” accounting firm) or in the internal audit department of a public company. 

• Strong MS Office Suite skills. 
   

Physical Requirements: 

• Prolonged periods of sitting at a desk and working on a computer. 

• Ability to travel 10%. 

Travel Requirements: 

• 5-10% travel 

Salary: Starting at $200,000 annually. Candidate's skills, experience and abilities will be taken into consideration for final offer.

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