Principal Internal Audit Analyst

CompoSecure•Franklin Township, NJ

About The Position

The Principal Internal Audit Analyst is a role which requires skills in influencing, and coaching others, sound judgment, excellent communication skills, organizational knowledge, self-management, and strong U.S. Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley (SOX) experience. Our primary mission is to perform independent and objective assessments of business activities and related controls and provide best practice recommendations to improve the control environment. As the Principal Internal Audit Analyst, you will be instrumental in executing and reporting SOX and conducting compliance and operational audits. This position will gain business knowledge and understanding of the Company's processes across all locations and divisions. We leverage technology to evaluate the effectiveness of internal controls over financial reporting and support fraud prevention and detection; a strong understanding of technology and its interplay in business processes will be key to succeed in this position. This is a high visibility opportunity to make important improvements throughout the organization.

Requirements

BA/BS in Accounting, Finance, or related business discipline.
5-7+ years of internal audit or public accounting experience.
Strong understanding of internal controls, risk management, and process improvement.
Excellent communication, analytical, and leadership skills.

Nice To Haves

CPA or CIA preferred.
Experience managing outsourced Internal audit or SOX partners preferred.
Familiarity with FloQast IA or similar tools is a plus.

Responsibilities

Oversight of Outsourced Internal Audit and SOX Testing Provider
Serve as the primary liaison with the outsourced provider that performs Internal Audit projects and SOX testing.
Coordinate audit projects and SOX testing activities across the outsourced provider, internal stakeholders, and the external auditor.
Review workpapers, documentation, findings, and recommendations for completeness, quality, and alignment with Company expectations.
Internal Audit Program Management
Lead the annual risk assessment and support development of the Internal Audit plan.
Manage execution and reporting of operational, financial, and compliance audits performed by the outsourced provider.
Maintain and update internal audit documentation, audit programs, and issue tracking.
Prepare or review audit reports and present results to management and the Audit Committee as applicable.
SOX Support
Coordinate information requests between control owners, outsourced SOX testing partners, and external auditors.
Review SOX testing and documentation for quality and completeness.
Monitor management's remediation plans for SOX control deficiencies.
Ensure management retains ownership of SOX program governance, ICFR design/effectiveness, and deficiency evaluation.
Operational & Compliance Audits
Oversee performance of operational and compliance audits conducted by the outsourced provider.
Review audit findings, observations, and recommendations.
Track remediation of internal audit findings and escalate significant issues to the VP of Accounting, CFO and/or Audit Committee.
Internal Control & Process Improvement
Evaluate internal controls across business operations and identify improvement opportunities.
Partner with process owners to enhance and strength internal controls and address deficiencies.
Assist with developing control recommendations, efficiency improvements, and risk mitigation strategies.
Other Important Responsibilities
Maintain current knowledge of internal audit standards, governance, risk and compliances best practice.
Perform analytical reviews and enterprise risk assessments.
Identify opportunities to simplify, standardize and automate business processes.