Sr Manager - Corporate Internal Audit

Lowe's Companies, Inc.•Mooresville, NC

1d•Onsite

About The Position

The Senior Manager Audit has supervisory responsibility for the lead, senior and staff auditors who make up the audit scrum teams responsible for the execution of process, in-flight and compliance audits, as well as advisory reviews. These supervisory responsibilities include ensuring training and development needs for the leads, seniors and staff are met and that quality standards are maintained. To accomplish this, the Audit Manager must be adept at learning new business processes and concepts, be confident leveraging data throughout the audit planning and execution lifecycle and be a self-starter to accelerate personal development and aid in the achievement of department objectives. In addition, the Audit Manager will work closely with senior business leadership to define the scope, assess the risk, and deliver the results of audits. This position will also work across cross-functional organizational business units primarily collaborating with management at all levels to facilitate the development of action plans to address risks identified during the audits.

Requirements

Bachelor’s degree Accounting, Finance, or other related field or equivalent years of experience in lieu of education requirement, if applicable
5 Years Audit experience (internal/external) or equivalent business experience.
Demonstrated experience managing project teams.
Demonstrated experience working cross-functionally.

Nice To Haves

Master’s degree Business related field
Audit management experience.
Retail business experience

Responsibilities

Assists the audit directors in the development of the rolling audit plan and backlog by maintaining relationships with key stakeholders in the business and staying current with significant initiatives and risks in assigned areas of the business.
Leads audit teams in the assessment of processes and identification of risks and control gaps in processes (or supporting technology) through the execution of agile audits, inclusive or the necessary test steps and documentation of high quality workpapers to support conclusions reached.
Communicates results to management in a clear, actionable, and timely manner.
Supervises process level risk assessments to identify significant risks and their related mitigating controls and oversees the development of audit test steps designed to evaluate the adequacy and effectiveness of those internal controls.
Reviews the work (audit planning documents, process flows, test plans, workpapers, draft reports) of lead, senior, and staff auditors to ensure quality is maintained and departmental methodologies are followed.
Identifies and documents unmitigated risks, weakness in control design and effectiveness based on analysis performed and drafts formal audit reports with the level of quality necessary for an executive audience.
Oversees the follow-up on key management actions from prior audit reports to determine if required action was taken. Documenting and communicating the results of the review to audit and management leaders.
Utilizes critical thinking and data analytics mindset to provide management with data driven results and recommendations and promote focus on data analytics within the team.
Drives innovation across the team using a deep understanding of audit practices, emerging technology, and retail sector knowledge.
Keeps pace with change and maintains a competitive advantage within the marketplace by seeking out and learning about changes in the field.
Drives projects and tasks to completion through teams, regardless of changing conditions, by prioritizing activities by the risk to the organization.
Serves as the day-to-day liaison with client management during audit projects to ensure open lines of communication are maintained and audit objectives are being met.
Aligns the team’s time and effort on projects that are critical to activity being audited and the overall risk to the Company.
Delegates the right tasks and decisions to the people who are in the best position to execute them.
Develops project budgets and milestones and manages individual and team schedules and workloads to meet those goals.
Provides open feedback and mentorship to team members to encourage growth and greater responsibility.
Hires, trains, and develops the talent necessary to achieve stated objectives providing meaningful development opportunities for individuals in preparation for succession planning.
Provides on-the-job training for staff and senior auditors on audit theory, best practices, and Lowe’s agile audit methodology.
Negotiates and collaborates effectively for the organization with internal and external stakeholders and builds relationships with key individuals necessary for collaboration.
Develops and presents communications frequently to senior leadership (such as audit Points of View at the end of audit sprints), communicating the desired message at the appropriate level.