Director of Internal Controls

StubHub•New York, NY

5d•$220,000 - $275,000•Hybrid

About The Position

The Director of Internal Controls will play a critical role in the continued development and maturation of StubHub's SOX program, internal control framework, risk management processes, and compliance with regulatory requirements as a newly public company. A key priority of this role will be the timely and sustainable remediation of identified material weaknesses and other control deficiencies. Reporting directly to the Chief Accounting Officer, this individual will lead the internal control function. The Director will serve as a key advisor to senior management, partner cross-functionally with process and control owners, provide regular updates to the Audit Committee and senior leadership, and work closely with the Company's independent auditors.

Requirements

Bachelor of Science Degree in Accounting, Finance, or other finance related degree.
Professional certification including CPA and/or CIA.
Minimum of 10+ years of related audit & accounting experience, preferably gained in both Big Four public accounting and private industry.
Strong understanding of SOX Section 404 and SEC requirements related to internal control over financial reporting.
Previous experience remediating material weaknesses and significant deficiencies.
Strong understanding of IT General Controls (ITGCs), including access controls, change management, IT operations, and the relationship between IT controls and financial reporting controls.
Strong knowledge of the internal control framework (specifically COSO) and a solid understanding of the concepts of control design and operational efficiency.
Experience managing and developing teams and managing co-sourced relationships.
Strong knowledge of US Generally Accepted Accounting Principles (US GAAP).
Ability to build and maintain strong relationships with business leaders & teams across the organization.
Ability to work independently and consistently meet stringent deadlines.
Ability to identify problems, recommend effective solutions, and ensure that those solutions are implemented effectively and timely.
Familiarity with financial systems as they relate to reviewing and improving internal controls.
Well-developed communication and presentation skills indicative of an ability to effectively make presentations to and influence senior management, and communicate with all levels of management in a decentralized environment.

Responsibilities

Own the continued development, execution, and maturation of StubHub's SOX program as a public company, including establishing sustainable processes, governance, documentation, testing, reporting, and remediation practices across financial and IT controls, including oversight of IT General Controls (ITGCs) and their impact on financial reporting.
Lead a team providing direction, coaching, performance management, prioritization and professional development.
Manage the Company's co-sourced internal controls relationship with a Big Four accounting firm, including scope of work, resource allocation, deliverables, timelines, quality, budget, and overall performance.
Coordinate with external auditors to align on efforts and ensure alignment on conclusions.
Lead annual SOX walkthrough process and ensure timely identification and assessment of changes to processes, systems, risks, and controls throughout the year.
Oversee/execute ongoing monitoring and testing of internal controls related to processes to ensure the Company's internal controls are designed and operating effectively.
Review the testing workpapers prepared by the internal controls team and/or co-sourced resources ensuring quality of the documentation supporting the effectiveness of the controls tested.
Lead the remediation of identified material weaknesses, significant deficiencies and deficiencies, including root-cause analysis, remediation planning, control redesign, implementation, testing, and validation.
Lead training programs as it relates to internal controls/SOX compliance. Coordinate with process and control owners regarding SOX documentation, testing, evaluation, and necessary remediation.
Builds and maintains strong relationships with process and control owners, IT, and other parties as applicable.
Prepares and presents periodic update reports to senior management and other stakeholders, communicating known controls issues and deficiencies, and discussing strategies for enhancing the control environment and providing updates on SOX program status and material weakness remediation.
Assesses the impact of known control deficiencies and analyzes the magnitude of design and execution issues reported throughout the year.
Collaborate frequently on updates on the progress of the SOX program, with reference to status of testing, deficiencies noted, remediation activities, etc.
Monitor implementation of recommendations made by both the internal and independent auditors to ensure improvements in systems and controls.
Support management's annual assessment of the effectiveness of internal control over financial reporting and related SEC reporting requirements.