Director, Internal Audit

Orion Engineered Carbons

About The Position

As leader of the Internal Audit Department, reporting directly to the Chief Financial Officer, this position will be responsible for providing strong leadership and vision, as well as management, planning and execution of all internal audit activities for Orion Engineered Carbons. This position will establish and execute a strategic vision for and drive the Company’s internal control environment, Sarbanes-Oxley compliance and internal audit program., This position is responsible for providing the Board of Directors and senior management with independent and objective assurance, designed to add value and improve operations by evaluating the effectiveness of governance, risk management and an assessment of internal controls. Additionally, the position is responsible for making proposals to improve performance and identify business process improvement opportunities.

Requirements

Strong ethical conduct with unquestionable integrity, credibility and character with demonstrated high moral and ethical behavior.
Strong business acumen, demonstrating outstanding analytical skills, a high degree of intellectual curiosity, and the ability to engage with other senior leaders in addressing complex business, financial and accounting issues.
Strong audit and accounting skills are required
Superior written/oral communication skills, as well as the ability to present his/her views in a clear and compelling manner. Demonstrating significant tact and diplomacy in addition to norma courtesy.
Highly motivated team player who contributes to an atmosphere in which people work together to produce outstanding results. Ability to constructively reconcile differences in an open and positive manner.
Demonstrated track record of building world-class teams. Someone who can thoughtfully assess capability gaps, and build plans for addressing organizational needs within a function.
Good listener with outstanding interpersonal qualities and a natural, effective consultative style.
Maintains current knowledge and understanding of industry trends and practices in the areas of audit, compliance, and risk management
Ability to work independently, manage multiple priorities concurrently, and complete projects on schedule with a high degree of accuracy
Ability to work well under pressure, deliver results, achieve timely goals, set appropriate priorities, and maintain confidentiality
Working knowledge of professional auditing standards (IIA, AICPA, and GAO)
BA/BS degree in Accounting, Finance, or related area.
Certified Internal Auditor or Certified Public Accountant designation preferred. MBA also desirable.
Minimum of 10 years of experience in audit and compliance role with progressively senior positions required, performing risk assessments and risk-based operational, financial and compliance audits of key business processes at a multinational company or equivalent such as Big 4 audit experience.
Ability to interact with and influence management at all levels.
Ability to travel both domestically and internationally (estimated at 25-30%).

Nice To Haves

Experience within a manufacturing environment (preferred).
Prior experience managing corporate insurance programs a plus.
Direct international experience would be highly desirable.
Demonstrated ability to develop and deploy risk assessment strategies and tools.

Responsibilities

Lead Internal Audit Department in performing internal audit risk assessment, developing internal audit plans, programs and performing internal audit procedures, ensuring that internal audit objectives are met.
Ongoing identification of risks facing the organization through a comprehensive internal control assessment and through interaction with business leadership at all levels of the organization.
Assist in development of process documentation describing internal controls over operational and financial reporting. Review business processes and suggest ways to improve such processes.
Identify and assess the implementation of new controls as necessary.
Prepare and deliver concise presentations to executive management and the Audit Committee of the Board of Directors.
Exercise significant judgment in identifying areas of key risk and provide advice to senior management to improve the control and operating effectiveness of processes.
Responsible for working with legal and human resources to coordinate efforts associated with suspected fraud and other similar dishonest activity, including coordination of any investigations performed by law enforcement agencies. Responsibilities may include leading some internal investigations of employee fraud, malfeasance, embezzlement, defalcation, etc. and report findings to the Audit Committee and/or the Board of Directors.
Manage the planning, execution and documentation of all operational, financial, regulatory and technology audit activities.
Establish standard audit practices including the development of audit plans and programs, work papers and reporting. Ensures the quality of all audit reports for distribution to senior management and management of audited areas.
Perform testing in accordance with detailed audit programs for designated audits in IT, financial, operational, and regulatory and compliance, governance, etc. for the performance of audits defined in the internal audit plan.
Perform substantive and control testing, identify exceptions against audit criteria and prepare audit reports/ dashboards, etc. for designated business areas. Work closely with external auditors. Perform process walkthrough and internal control testing for the purpose of compliance.
Maintain an effective process for monitoring and driving closure to significant internal audit findings. Ensure management implements recommendations in an effective and sustainable way.
Work closely with external auditors to maximize the audit service value proposition and ensure proper coordination and leverage, in assessing the internal control structure
Prepare quarterly updates to the Board of Directors I Audit Committee, including risk assessment/audit plan, Internal Audit findings/recommendations, prior findings status and special projects/key activities
Promote a high level of ethical awareness and conduct within Orion in support of the Company’s Code of Business Conduct and Integrity Hotline program. Evaluate controls, principles, values, mission, etc. of Orion to ensure they are being consistently upheld throughout the organization.
Recruit, motivate and train a high performing staff. Actively and deliberately evaluate and build skills and capabilities of audit leaders and team members.
Develop capital and operational budget for the department. Routinely monitors, manages and controls budget, analyzes variances and takes appropriate action and develops plans for productivity improvements.
Maintain knowledge of current trends and developments in the field by reading appropriate books, journals and other literature and attending related conferences, seminars, etc.
Maintain peer relationships in the field to share issues and ideas.