Internal Audit Manager

Panasonic • Irvine, CA

13h • $130,000 - $135,000

About The Position

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

Responsibilities

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Meet the Recruiter: Amber Smallwood
What You'll Get To Do:
Provides support to Audit Senior Managers, Auditors, and Head of Internal Audit for financial, operational, compliance, and Information Technology audits by leading audit projects, reviewing and testing processes and controls, interviewing appropriate personnel, determining data requirements / analyzing data, understanding company processes, providing objective assessment of findings, etc.
Perform and/or lead Internal Audits and similar reviews of Panasonic Avionics Corporation (and subsidiary / joint venture) locations, processes, controls, risks, balances, etc. (financial, operational, compliance and/or IT auditing).
Identify findings as well as root causes and contributing factors relating to issues, residual risks, departures from Company procedures / policies as well as internal control frameworks, IFRS standards, etc.
Investigate, analyze, and test possible solutions or avenues for improvement. Assist management and process owners in driving effective, efficient, economic processes including recommending process improvements without compromising independence.
Ensure work papers for assigned areas are assembled and maintained appropriately, accurately, timely, and correctly.
Inform Senior Managers, Head of IA, and Internal Audit team regularly of work progress in assigned audit areas; meet with manager as necessary for advice and consultation.
Recommend revisions and / or enhancements to audit programs as necessary to ensure risk-based and complete analysis of assigned areas.
Prepare audit reports and related detailing findings and value-added recommendations for improved internal controls. Review recommendations and track action plan status with appropriate owners.
Perform and/or lead Japan Sarbanes Oxley (“JSOX”) audit testing, audits, and/or compliance activities in assigned areas based on regulatory / professional requirements, Panasonic, and external audit internal control requirements (tests of control design and operating effectiveness, etc.). Document and report findings of internal control deficiencies, communicate potential deficiencies to Internal Audit and process owners, and track remediation through established methodologies. Possess understanding of the adequacy of internal controls as being responsive to risks / risk profile of the Company.
Perform other types of advisory / audit special projects and duties as assigned by Head of Internal Audit (e.g. accounting consultation / reviews, business process improvement, Lean Six Sigma, cost reduction, investigations, targeted compliance reviews, etc.)
Support external auditors by performing / providing reliance work / testing and helping to facilitate external audit requests and coordination (walkthrough meetings, etc.)
Scope:
Reports to Head of Internal Audit

Requirements

• BS/BA Degree in Accounting, Finance, and/or Business required.
• Minimum 3 - 5 years accounting/audit experience required.
• Working knowledge of internal control and enterprise risk frameworks (e.g. COSO) preferred
• Understanding of US GAAP and/or IFRS, in addition to audit concepts and methodologies preferred
• CPA highly preferred. CIA or Charterer Accountant (CA) preferred. CISA or CISSP a big plus.
• Experience with Office 365, Oracle, SAP, Cloud Applications, and Visio preferred
• Experience in business analytics and AI tools such as Tableau, Power BI, MS Fabric, Copilot, Copilot Studio, and/or Office 365 Copilot functionalities preferred
• Strong understanding of IFRS (International Financial Reporting Standards), U.S. GAAP (US Generally Accepted Accounting Principles / ASC), Institute of Internal Auditors (IIA), Sarbanes Oxley (SOX and/or Japan “JSOX”) standards.
• Computer literacy in spreadsheet, VISIO, word processing, e-mail and related software required. Must have analytical abilities to conduct research and also possess the ability to develop efficient methods of compiling reports.
• Maintains skill sets by following professional standards set by IIA.
• Strong analytical and critical thinking skills
• Ability to effectively perform research of professional standards, frameworks, and best practices for accounting, processes, risks, and controls
• Ability to perform data analytics / visualization and derive key insights from large datasets
• Assertive and proactive, able to manage own workload and take ownership of projects
• Strong communication and interpersonal skills.
• Confidence, organization, advance preparation, and strong listening skills are essential for making related presentations to small groups.
• Must have passion for understanding processes, strong attention to detail with unquestionable integrity to maintain independence and objectivity.
• Up to 25% business travel

Responsibilities

• Provides support to Audit Senior Managers, Auditors, and Head of Internal Audit for financial, operational, compliance, and Information Technology audits by leading audit projects, reviewing and testing processes and controls, interviewing appropriate personnel, determining data requirements / analyzing data, understanding company processes, providing objective assessment of findings, etc.
• Perform and/or lead Internal Audits and similar reviews of Panasonic Avionics Corporation (and subsidiary / joint venture) locations, processes, controls, risks, balances, etc. (financial, operational, compliance and/or IT auditing).
• Identify findings as well as root causes and contributing factors relating to issues, residual risks, departures from Company procedures / policies as well as internal control frameworks, IFRS standards, etc.
• Investigate, analyze, and test possible solutions or avenues for improvement. Assist management and process owners in driving effective, efficient, economic processes including recommending process improvements without compromising independence.
• Ensure work papers for assigned areas are assembled and maintained appropriately, accurately, timely, and correctly.
• Inform Senior Managers, Head of IA, and Internal Audit team regularly of work progress in assigned audit areas; meet with manager as necessary for advice and consultation.
• Recommend revisions and / or enhancements to audit programs as necessary to ensure risk-based and complete analysis of assigned areas.
• Prepare audit reports and related detailing findings and value-added recommendations for improved internal controls. Review recommendations and track action plan status with appropriate owners.
• Perform and/or lead Japan Sarbanes Oxley (“JSOX”) audit testing, audits, and/or compliance activities in assigned areas based on regulatory / professional requirements, Panasonic, and external audit internal control requirements (tests of control design and operating effectiveness, etc.). Document and report findings of internal control deficiencies, communicate potential deficiencies to Internal Audit and process owners, and track remediation through established methodologies. Possess understanding of the adequacy of internal controls as being responsive to risks / risk profile of the Company.
• Perform other types of advisory / audit special projects and duties as assigned by Head of Internal Audit (e.g. accounting consultation / reviews, business process improvement, Lean Six Sigma, cost reduction, investigations, targeted compliance reviews, etc.)
• Support external auditors by performing / providing reliance work / testing and helping to facilitate external audit requests and coordination (walkthrough meetings, etc.)

Benefits

• Panasonic prioritizes total well-being and offers comprehensive benefits options to support physical, emotional, financial, social, and environmental health:
• Health Benefits – Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.
• Voluntary Benefits – Life, accident, critical illness, disability, legal, identity theft, and pet insurance.
• Panasonic Retirement Savings & Investment Plan (PRSIP) – 401(k) plan with company matching contributions and immediate vesting.
• Paid Time-Off Benefits – Vacation, holidays, personal days, sick leave, volunteer, and parental & caregiver leave.
• Educational Assistance – Tuition reimbursement for job-related courses after six months of service.
• Health Management and Wellbeing Programs –Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources. Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.
• Employee Recognition Program - High5 employee recognition and awards platform, quarterly and annual employee recognition
• Annual Bonus Program - Opportunity for an annual performance-based bonus.

What This Job Offers

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