Director of Internal Audit and Risk Management

FHI 360, Washington DC, United States

Skill Required:, Finance and Accounts
Preferred Experience: 
Internship
Closing Date for Applications: 
30th April, 2019


Job Description

Job Summary:

Senior level responsibility for the internal audit function within the corporate Office of Compliance and Internal Audit. Directs and develops a risk-based annual internal audit plan and budget for evaluating the effectiveness of controls in place to manage significant financial reporting and other risk exposures, safeguard company assets, and compliance with laws and regulations. Responsible for selection of external auditors and ensuring audit workflow meets corporate reporting timelines. Regularly evaluates departments/divisions of the organization to determine if they are performing in compliance with recommended processes, procedures and business controls. Suggests new initiatives, controls, and procedures to ensure good business practices are in place. Facilitates Audit Committee meeting and implements changes recommended by external auditors. Ensures internal audit training program for management and staff is established and regularly updated. Advanced skills in Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley (SOX) are required. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.

Accountabilities:

  • Directs and develops a risk-based annual internal audit plan and budget for evaluating the effectiveness of controls in place to manage significant financial reporting and other risk exposures, safeguard company assets, and compliance with laws and regulations.
  • Regularly evaluates departments/divisions and project/country offices of the organization to determine if they are performing in compliance with recommended processes, procedures and business controls.
  • Suggests new initiatives, controls, and procedures to ensure good business practices are in place.
  • Ensures internal audit and compliance training programs for management and staff are established and regularly updated.
  • Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
  • Provides strategic leadership to the internal audit staff at the regional or organization-wide level. Sets departmental operational plans, goals and policies.
  • Works with multiple country finance and operations departments and generates “best practices” for internal audit projects. Leverages support and buy-in for major initiatives.
  • Works with internal audit and other managers to establish strategic workflow plans. Oversees the departmental budget.
  • Executes the department’s operational plan and is responsible for the performance and goal achievement of the group.
  • Collaborates with senior leadership on critical and complex aspects of internal audit and makes operational recommendations.
  • Responsible for the Enterprise Risk Management monotiling that defines risk categories and tolerance then recommends actions and mitigation plans on identified risks in coordination with Senior Management.
  • Compiles and analyzes data on risk and organizational trends.
  • Performs other duties as assigned.

Applied Knowledge & Skills:

  • Well-versed in state, federal, and international laws and regulations that have impact on internal audit, general accounting, and management controls.
  • Expert level knowledge and previous experience with Generally Accepted Accounting Principles (GAAP), practices and reporting guidelines.
  • Provides innovative and strategic leadership to multiple divisions and can gain cross- functional support for major projects, improvements or changes.
  • Possesses a full understanding of the organizational structure, policies and practices, and the impact on own area and the entire organization.
  • Must have excellent communication, diplomatic and negotiation skills.
  • Ability to multi-task, meet deadlines, and accomplish goals.
  • Must be able to read, write, and speak fluent English.

Problem Solving & Impact:

  • Decisions and actions have a direct impact on the outcomes of own department and possibly the entire organization.
  • Problems encountered are often complex, broad in scope, and implications are often unprecedented with no clear resolution.
  • Must be able to provide accurate, expert level advice to reach outcomes that will enable achievement of overall department and organization goals.

Supervision Given/Received:

  • Leads by “managing managers” or other direct reports in the functional area.
  • Works under broad direction with considerable latitude for independent action.
  • Ability to motivate, mentor, and empower individuals to achieve expectations and goals set for the functional unit.
  • Typically reports to a Chief Officer.

Education:

  • Master's Degree or its International Equivalent in Accounting, Business Administration, Finance or Related Field.
  • Certified Public Accountant (CPA) designation strongly preferred. Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE) designations preferred.

Experience:

  • Typically requires 10+ years of related work experience at the corporate or organization level; 8 years managing an internal audit department and employee management is required.
  • Must have experience working on US Government funded projects, specifically USAID funded projects.
  • Experience managing a financial accounting department with full accounting cycle experience is required.
  • Significant experience with automated financial reporting, government accounting practices, Cost Accounting Standards (CAS), Uniform Guidance (2cFr200), and Federal Acquisition Regulations (FAR) systems.
  • Certified Public Accountant (CPA) designation strongly preferred. Certified Internal Auditor (CIA) and Certified Fraud Examiner (CFE) designations preferred.
  • Experience working with a global, international organization preferred.
  • Experience working in a Non-governmental organization (NGO) preferred.

Typical Physical Demands:

  • Typical office environment.
  • Ability to spend long hours looking at computer screen and doing repetitive work on a keyboard.
  • Ability to sit and stand for extended periods of time.
  • Ability to lift 5 - 50 lbs.

Technology to be Used: Personal Computer, Microsoft Office 365 (i.e. Word, Excel, PowerPoint, e-mail), office telephone, cell phone and printer/copier.

Travel Requirements: 10 to 25% (most likely 2 trips/year for 2 week periods)

This job description summarizes the main duties of the job. It neither prescribes nor restricts the exact tasks that may be assigned to carry out these duties. This document should not be construed in any way to represent a contract of employment. Management reserves the right to review and revise this document at any time.

Source:https://fhi.wd1.myworkdayjobs.com/en-US/FHI_360_External_Career_Portal/job/Washington-DC/Director-of-Internal-Audit-and-Risk-Management_Requisition-20...


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