Senior Director - Internal Audit & Advisory - BFS

Internal Audit and Advisory - Sr. Director

Reports to : CEO & MD

Dynamics of the Role :

- The Global Audit & Advisory Director is responsible for leading, planning, and executing critical projects across business units, key functions, and processes in areas related to the following: Internal Audit, COSO / Sarbanes Oxley Reviews, Business Process Reviews, Internal Controls Training and Awareness, Risk Assessments, Process Design, System Implementation Reviews, and Internal Controls testing.

- Additionally, the candidate should have a proven-track record of advancement and possess the ability to provide pragmatic internal control recommendations that add value to the organization.

- Strong written and verbal communication skills and the ability to manage multiple priorities is also required.

- This position will have extensive senior level interactions that will include Independent Directors and other Committee members from Board.

- The ideal candidate will be a leader who possesses strong audit experience surrounding finance, compliance, operations, and information technology.

- In addition to having a strong audit background, candidates must possess excellent communication skills with the ability to interface across all levels within the organization, including co-sourcing third party providers, peers in finance, operational leaders, the Audit Committee and Board as well as the external auditors.

- A combination of both corporate and public accounting experience is preferred.

- This position will report functionally to our Sr. Director in our Chicago corporate office and in country to the CEO as well as the local Audit & Risk Committee and will work closely with other GAA Team Associates on key projects and initiatives.

- The successful candidate will need to work across the organization and be comfortable in engaging employees at all levels to ensure an efficient and effective control environment.

- The successful candidate will be a visionary thinker capable of leading and leveraging resources from current co-sourced partners and an in-house IT Senior Auditor.

- The candidate will demonstrate drive, intelligence, maturity, and energy and will be a proven change leader.

- Given the emphasis on talent development, the candidate will also have a passion for managing and developing people.

- The candidate will possess a high degree of business acumen in order to effectively interact with the operating leaders in the business units. Currently, this role will involve minimal travel.

Roles & Responsibilities :

- Responsible for the internal audit function, including reviews of internal controls existence & adequacy as well as evaluating, guiding, and overseeing the third party co-sourced Internal Audit team to ensure the requirements of the Global Senior Vice President of Internal Audit and the TU Audit and Compliance Committee are met.

- Performing risk assessments that lead to the annual audit plan. Oversee the preparation / development and execution of risk-based audit programs that clearly define the objective and scope of each review, employing critical thinking and appropriate testing methodologies.

- Reviewing internal processes and providing independent assurance that governance, risk management and internal control processes are adequate and are operating effectively.

- Reviewing the output of co-sourced work done by third party Accounting/Auditing firm.

- Working closely with the Global Internal Audit team and Chief Financial Officer in review of internal controls and related compliances, including compliance with the requirements of Section 404 of the Sarbanes-Oxley Act in the U.S.

- Preparing audit reports and submitting monthly internal audit open items report to key stakeholders.

- Providing advisory services that include training, systems development reviews, facilitating control self-assessments, and providing advice on improvements in internal control procedures to enhance effectiveness and assurance.

- Preparing quarterly internal audit summary reports and presentations for the Audit & Risk Committee of the Board. Assisting the Board and Audit & Risk Committee in ensuring that key internal controls over Financial, IT & Security, Compliance and Operations are in place and are operating satisfactorily as per statutory requirements.

- Keep abreast of latest developments in the internal control environment and requirements from a local as well as US regulatory perspective.

- Other responsibilities or priorities that may be given by the managers and Head of Internal Audit.

Experience and Skills :

- Combined minimum 15-20 years of external / internal audit experience with Indian GAAP, ICFR and CARO requirements as well as U.S. GAAP and SEC reporting requirements with a Big Four firm. Professional certifications highly preferred (i.e., Chartered Accountant, CPA, CIA and CFE). MBA preferred.

- Audit professional who displays exceptional leadership abilities, thought leadership, and is results-oriented.

- Must possess excellent project management skills with the ability to organize and manage multiple priorities and deadlines.

- Experience leading cross-functional teams working on the SOX transformation/enhancement projects in the US and internationally.

- Must possess a thorough understanding of the 2013 COSO Framework, Sarbanes Oxley- compliance, and Institute of Internal Auditors (IIA) Standards balanced with a demonstrated ability to understand key business drivers and issues having successfully implemented those principles in a complex global environment.

- Must possess the highest professional and personal standards, unquestioned integrity and business ethics. Demonstrated ability and courage of his or her own convictions and adhering to strongly held principles and values - and hold others to the same standards.

- The ideal candidate will be highly motivated, energetic and possess a natural curiosity to learn.