Director, Financial Audit

PVH • New York, NY

8d • Hybrid

About The Position

The VP, Financial Audit, will oversee and lead the Financial Internal Audit function. The role is responsible for the overall preparation and execution of a risk-based audit plan to assess, report on, and recommend improvements to the company’s key operational and finance activities and testing of internal controls. In addition, the position will lead Internal Audit’s priorities, including Sarbanes-Oxley (SOX) compliance, Operational Audits, and Enterprise Risk Management (ERM). The role has accountability to the Audit & Risk Management Committee. This position is responsible for leading the financial audit function globally within the organization. The role is accountable for performing select activities, including but not limited to the following: preparing the annual risk assessment of the Company’s Operational & Financial environment developing the annual audit plan, which includes staffing and resources. establishing and managing to the Financial Audit budget reviewing workpapers and reports to ensure completeness and appropriateness of audit comments. completing the annual financial audit plan managing the execution of audit programs and test plans overseeing the execution of audits and projects overseeing special projects and investigations drafting audit reports and memos coordinating and facilitating audit summary meetings leading Financial Audit staff meetings evaluating Financial Audit staff associates directing the development of financial Audit training plan preparing Financial Audit status reports for senior management coordinating audits or special projects performed by outside audit services. maintaining and promoting a diverse workforce Day-to-day responsibilities include overseeing and managing audits in the Company’s global Operational & Financial environment. Results of audit work related to the above will be reported to various levels of management and the Audit & Risk Management Committee.

Requirements

• Minimum of ten years of Financial Audit experience.
• Four-year college degree required (Accounting/Business)
• Strong leadership and strategic skills are essential.
• Strong verbal and written communication skills
• Good overall management skills
• Ability to be resourceful, flexible and adaptable to various situations
• Ability to interact with various levels of staff and management
• Proficiency in Excel and Word software programs
• Positive mental attitude
• Ability to effectively communicate findings and recommendations in a professional and non-confrontational manner
• Solid understanding of the audit function
• Good audit skills
• Certified Public Accountant (CPA) required

Nice To Haves

• Master’s degree in related fields is a bonus.
• Certified Information Systems Auditor (CISA) a plus
• Certified Internal Auditor (CIA) a plus

Responsibilities

• Develop and implement a global financial internal audit strategy aligned with the organization's objectives.
• Identify and review Financial and Operational risks within the Company.
• Provide leadership and direction to the Financial internal audit team, ensuring effective execution of audit plans.
• Conduct risk assessments to identify and prioritize key risks facing the organization.
• Prepare and update a comprehensive Financial risk-based audit plan in coordination with the Audit Committee for evaluating and testing the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard company assets, and comply with laws and regulations.
• Implement innovative tools and techniques to enhance the efficiency and effectiveness of the internal audit function.
• Prepare status of assigned audit areas and report on the status to the SVP & Chief Auditor.
• Review and approve audit programs required to evaluate Operational and Financial processes to ensure adequate mitigation of risk and safeguarding of assets, and efficient processing of transactions.
• Evaluate and approve audit findings, as identified by the Financial Audit team, and ensure recommendations to mitigate the control deficiencies are included.
• Prepare reports, memos, and presentations to inform management and the Audit & Risk Management Committee of audit results.
• Oversee the follow-up of Financial & Operational Audit findings to ensure management has implemented agreed upon recommendations.
• Establish a business partner relationship with auditees to improve financial and operational controls and productivity. This requires a balanced knowledge of business, technology, and audit experience to ensure findings and recommendations are accurate, practical, and effective.
• Oversee the performance/management of pre-implementation reviews for new and enhanced systems to ensure all risks are considered and controls are designed to mitigate such risks.
• Maintain technical proficiency through seminars, research, and self-study to continue to audit the Company’s operational & financial processes effectively.
• Oversee the development and updating of global financial process narratives for SOX 404 compliance.
• Oversee the development/update of financial test plans for SOX 404 testing.
• Provide support required to the external auditors during execution of SOX 404 walkthroughs, interim testing, and year-end testing.
• Provide Financial Audit support to the external auditors to assist in completing the year-end audit of the company’s financial statements.
• Plan for, and execute, the global annual Financial Audit risk assessment process.
• Perform administrative tasks ( e.g., staff evaluations & development plans, staff meetings, training plans, etc.).
• Oversee Financial and Fraud investigations.

Benefits

• Competitive pay
• bonus programs
• best in class medical insurance
• vision insurance
• dental insurance
• life insurance
• disability insurance
• An above-market 401(k) contribution to help our eligible associates save for retirement.
• Generous company-paid holidays
• paid time off
• hybrid working arrangements
• volunteer opportunities
• seasonal hours
• flexible work schedules
• A variety of wellbeing tools and programs such as, Headspace membership, reimbursement for fitness memberships and/or digital meditation subscriptions, and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.
• Access to services for childcare, elder care, adoption preparation, pet care, plus reimbursement for backup care when your regular plans fall through.
• Receive support for continued education including tuition reimbursement.
• Shop at our company outlets and e-commerce sites at a discount.

What This Job Offers

• Job Type: Full-time
• Career Level: Director