VP, Internal Audit & Enterprise Risk Management

Position Summary:

Responsible for overall leadership of the Internal Audit and Enterprise Risk Management function.  Role will provide leadership and oversight of Internal Audit, including developing and executing Internal Audit Plan focused on operational and financial risk.   Position will lead overall the Enterprise Risk Management program, updating annual enterprise risks annually, collaborating with senior leaders on the identification of key enterprise risk areas and remediation programs to address.     Role will also be responsible for providing Management with an appraisal for the soundness, adequacy and effectiveness of financial and operational controls, determining level of compliance with these controls including established policies and procedures and issuing reports to the appropriate levels of Management and Owners stating conclusions and recommendations for improvement.  Position will also work collaboratively with functional leaders and operations managers to create remediation and training plans to improve overall control environment.  Position also oversees enterprise insurance programs, working with broker to ensure appropriate levels of insurance coverage for the Company.

Major Duties and Responsibilities:

• Execute Enterprise Risk assessment and mitigation plan, collaborating with senior leadership to identify key areas of enterprise risk and develop mitigation plans.
• Provide leadership and direction to Internal Audit and Enterprise Risk Management department including establishing goals, a risk-based audit plan, staffing, financial budgets and communication of audit results to management. 
• Oversee and implement operational and financial internal audits with focus on plants and HQ around governance/compliance, IT general controls/cyber and payroll.
• Develop and maintain rapport with employees, management, external auditors and other interested parties to ensure understanding and acceptance of the department's scope and objectives, audit requirements, approach and reporting. Maintain independence and objectivity while developing relationships with management and visibility over all areas and functions of the business.
• Ensure all communications issued by the department are accurate, objective, clear, concise, constructive and timely. Follow-up on communications to ensure all corrective actions necessary have been addressed and work collaboratively with functional leaders and operations managers to create remediation and training plans for the future.  Advise management of any concerns. 
• Direct and/or participate in the performance of special assignments, fraud investigations and standards of business conduct reviews as well as other projects requested by the EVP, CFO and other senior leadership team members.
• Recommend improvements to policies, procedures and practices to reduce costs and/or improve internal controls.  
• Establish a program for the selection and professional development of Internal Audit staff members. This includes developing written job descriptions, training and continuing education plans, and annual performance evaluations. Select qualified and competent individuals (employees or outsourced assistance) that will help achieve the department's objectives.

Education and Experience:

• Bachelor’s degree in Accounting, Business, Finance or related field
• 15+ years internal audit management experience (Chief Audit Executive level) in a large organization and 10+ years total internal/external audit experience
• Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) certification required
• Ability to travel up to 15% required
• Manufacturing industry experience helpful
• Public accounting or auditing experience highly desired
• Master's degree a plus
• Enterprise Risk Management experience highly preferred
• Experience presenting to senior executives is strongly desired

Knowledge and Skills:

• Demonstrated knowledge of Generally Accepted Auditing Standards (GAAS) and internal control systems
•  Extensive knowledge of the IIA's International Standards for the Professional Practice of Internal Auditing
• Working knowledge of auditing and accounting practices used in large organizations
• Ethical professional who can be trusted to always operate at the highest level of integrity
• Good judgment and strength of character
• Excellent verbal and written communication skills
• Effective leader with excellent management skills; able to bring out the best in people while balancing differing needs of the Company, professional growth, travel and personal life