Head of Internal Audit

Morgan Properties • Conshohocken, PA

2d • $150,000 - $210,000

About The Position

The Head of Internal Audit will establish and lead the company’s internal audit function across a national multifamily real estate portfolio. This role will design and implement a risk-based audit program covering property operations, capital contracting, financial reporting, asset management, procurement including capital, IT systems, and other corporate functions.
This person will partner with senior leadership to strengthen internal controls, enhance operational efficiency, mitigate fraud risk, and ensure compliance with company policies and regulatory requirements.
This is a hands-on leadership role responsible for building the internal audit department from the ground up, including developing the audit strategy, hiring and managing audit staff, and implementing audit technology and analytics.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• 6+ years in internal audit, public accounting, risk management, or a related discipline, including 2+ years in a managerial role
• Demonstrated ability to design and implement risk‑based audit programs and lead audit teams
• Strong knowledge of internal control frameworks and audit methodologies
• Proven success leading both operational and financial audits

Nice To Haves

• Background in multifamily real estate, property management, or a related industry
• Familiarity with property management systems such as Yardi
• Exposure to implementing audit analytics tools
• Track record of building or scaling an internal audit function

Responsibilities

• Build and lead the internal audit function, setting audit governance and reporting standards and driving a comprehensive, risk‑based audit plan across corporate and operational areas.
• Build and manage an internal audit team, including recruiting, training, and performance management.
• Implement audit methodologies, tools, and reporting frameworks consistent with professional internal audit standards.
• Lead audits of property operations including but not limited to: Rent collections and revenue recognition Leasing activity and concessions Property expense controls Procurement and vendor management Capital project oversight Cash handling and deposit procedures
• In conjunction with process reviews, identify opportunities to improve operational efficiency and cost controls across the portfolio (e.g. elimination of redundant or ineffective controls).
• Evaluate the effectiveness of internal controls over financial reporting.
• Conduct audits of: Property financial reporting Corporate accounting Asset management reporting Budgeting and forecasting processes
• Ensure compliance with internal policies, lender requirements, and regulatory obligations.
• Design and implement fraud risk assessment procedures.
• Investigate suspected fraud, theft, or policy violations.
• Establish whistleblower reporting protocols and investigative procedures.
• Implement audit analytics and data monitoring tools to detect anomalies not limited to the following areas: Rent collections Vendor payments Payroll Leasing concessions
• Use portfolio data to identify trends, risks, and operational inefficiencies.
• Provide regular reports to the CFO and executive leadership on audit findings, risks, and remediation progress.
• Present audit results and recommendations to ownership and senior leadership.
• Track management responses and remediation of audit findings.
• Partner with operations, facilities, accounting, asset management, and IT teams.
• Provide guidance on internal controls and best practices.
• Support new system implementations, acquisitions, and process changes from a risk and control perspective.
• Tasks or duties not outlined in this job description may be required to contribute to the organization's success and efficiency.

Benefits

• Employee referral payment program
• Educational Enhancement Program
• Tuition Reimbursement
• Medical, Dental, and Vision benefits
• Life/ AD&D Insurance
• Paid Parental Leave
• Long and short term disability
• Retirement Plan - 401(k) Plan
• Volunteer & Community Service Opportunities
• Discount on an apartment at any one of our properties
• Brand new amenity space that includes a full gym/fitness center and golf simulator

What This Job Offers

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