Internal Audit SOX Principal Auditor

Description -

Position Overview

We are seeking an experienced Internal Audit Principal Auditor with a specialization in Order to Cash (O2C) and a strong focus on Sarbanes-Oxley (SOX) compliance.

The successful candidate will lead and execute internal audit engagements within the Order to Cash process, ensuring adherence to SOX requirements and identifying opportunities for process improvement and risk mitigation.

Key Responsibilities:

• SOX Compliance Leadership:

Oversee aspects of the O2C SOX compliance program in accordance with SOX and PCAOB standards, including scoping, planning, execution, and reporting. Ensure alignment with regulatory requirements and industry best practices.

• Process Evaluation and Improvement:

Perform risk assessments and design audit procedures to address key risk areas within the O2C process. Assess the effectiveness of internal controls within the O2C cycle, identifying control gaps, weaknesses, and areas for enhancement. Collaborate with process owners to implement remediation plans and drive continuous improvement.

• Stakeholder Communication:

Communicate audit findings, recommendations, and risk insights to senior management and key stakeholders. Provide timely updates on audit progress and ensure alignment with organizational objectives.

• Team Leadership and Development:

Lead a team of audit professionals, providing guidance and mentorship to enhance their skills. Provide technical guidance and professional development to junior staff, fostering their growth within the audit function.

• Coordination of Control Changes:

Collaborate with control owners to identify and document changes to internal controls, ensuring alignment with evolving business processes and regulatory requirements.

• Auditor and Partner Collaboration:

Coordinate with auditors and co-sourcing partners for controls testing and process walkthroughs. Streamline audit impact on business operations and align test results for efficiencies.

• Project Management Implementation:

Take the lead in implementing effective project management strategies within the O2C SOX compliance program. Develop and implement robust project management methodologies tailored to the specific needs of SOX compliance activities. Ensure accurate tracking of compliance activities and deadlines, maintaining the project management framework to support ongoing SOX initiatives.

• Control Deficiency Review:

Review and assess reported control deficiencies with business process owners. Identify root causes and collaborate on corrective actions to strengthen internal controls.

• Continuous Improvement Recommendations:

Recommend improvements to enhance key controls, driving ongoing optimization of the SOX program.

• SOX Meeting Leadership:

Lead various SOX meetings, facilitating discussions and decision-making processes to support compliance objectives.

• IT and Security Compliance Collaboration:

Work with IT and Compliance teams to ensure alignment with SOX requirements, fostering cohesive compliance efforts.

• SOX Findings Presentation:

Prepare and present SOX findings and assertions to both the SOX PMO and HP Leadership Team, providing insights for enhancing control effectiveness.

• Program Optimization and Automation:

Continuously improve the SOX program through optimization and automation initiatives, leveraging technology and best practices.

• Support for Internal Audit Projects:

Provide support for internal audit projects, addressing control-related issues and contributing to overall assurance efforts.

Requirements: Knowledge and Competencies:

• SOX Compliance Expertise:

Demonstrated expertise in Sarbanes-Oxley (SOX) compliance, including in-depth knowledge of regulatory requirements such as Sections 302 and 404, and proficiency in internal control frameworks like COSO.

• Order to Cash (O2C) Process Proficiency:

Extensive understanding of the Order to Cash process, spanning sales order processing, credit management, invoicing, and revenue recognition, ensuring comprehensive control management.

• Audit Methodology Proficiency:

Competency in audit methodologies, with a focus on risk assessment, planning, execution, and reporting, along with the ability to tailor audit procedures for the O2C process.

• Strong Project Management Skills:

Robust project management capabilities, encompassing effective project planning, resource allocation, stakeholder engagement, and timely delivery of objectives within SOX compliance initiatives.

• Effective Communication Abilities:

Excellent communication skills, both verbal and written, enabling clear conveyance of findings, recommendations, and insights to stakeholders at all levels, including senior management.

• Dynamic Leadership and Team Management:

Prior experience and proven leadership in managing audit teams, fostering collaboration, and driving continuous improvement within the compliance function.

• Technical Proficiency:

Proficiency in SOX compliance tools and Microsoft Office applications, facilitating efficient compliance processes and documentation management.

• Analytical Skills:

Strong analytical aptitude to assess control effectiveness, identify deficiencies, determine root causes, and propose effective remediation actions, ensuring robust risk mitigation.

• Regulatory Awareness:

Up-to-date knowledge of regulatory developments in SOX compliance and O2C processes, with adaptability to evolving standards to maintain compliance alignment.

• Problem-Solving Orientation:

Solution-focused problem-solving capabilities to address complex control issues encountered during compliance processes, driving effective resolutions and improvements.

• Continuous Improvement Focus:

Proactive mindset towards continuous improvement, emphasizing optimization through automation, standardization, and adoption of best practices to enhance efficiency and effectiveness.

• Collaborative Engagement:

Ability to collaborate effectively with cross-functional teams, providing strategic guidance for complex business transactions across multiple countries, ensuring alignment with compliance objectives and business goals.

Required Credentials:

• Qualification:

Bachelor's degree in accounting, finance, business management, or a related field.

• Certification:

A professional certification related to internal audit or accounting is preferred, such as:

• Certified Internal Auditor (CIA)
• Certified Public Accountant (CPA)
• Certified Information Systems Auditor (CISA)
• Chartered Accountant (CA)

• Relevant Experience:

Minimum of 8+ years of progressive experience in Internal Audit, Finance, Business management, Accounting, or a related field preferably with exposure to Sarbanes-Oxley (SOX) compliance and Order to Cash (O2C) processes. Experience in public accounting or working with publicly listed companies may also be beneficial.

Disclaimer
• This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

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Equal Opportunity Employer (EEO) - 

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