Staff Internal Auditor

Federal Signal Openings•Downers Grove, IL

8d•Hybrid

About The Position

Federal Signal Corporation is seeking a Staff Internal Auditor to join their team. This role is responsible for executing all phases of Internal Audit engagements, including planning, fieldwork, and reporting. The Staff Internal Auditor will also assist with external auditors, conduct interviews with management, analyze evidence, document processes, identify issues, develop recommendations, and prepare reports. A key aspect of the role involves strengthening internal controls, mitigating risk, and improving business operations' effectiveness and efficiency. The position also supports the Internal Audit’s Data Analytics Program, assists with risk assessment and annual audit plan development, and performs follow-up audits to ensure management solutions are implemented. Additional responsibilities include SOX PMO assistance, updating company-wide fraud and anti-corruption training, and attending relevant training sessions for career growth. The role requires representing Internal Audit on project teams, building relationships across the company, and performing special projects and compliance reviews, including fraud investigations. The position involves domestic and international travel (10-20%). The role offers career development opportunities, allowing work on multi-disciplinary teams, skill-building, and gaining experience across various business functions. The goal is to develop proficiency in a data-driven internal audit process and build strong relationships with process owners, marketing the department as a skilled resource. Continuous professional development through department sharing and education is encouraged, along with leveraging the performance management system for expectations.

Requirements

Bachelor’s degree in Accounting or business-oriented degree from an accredited college/university required
Minimum one or more years’ finance/auditing experience and/or relevant financial reporting experience required
Applied working knowledge of U.S. GAAP and compliance with internal controls and Sarbanes-Oxley/SOX; understanding of COSO 2013 is preferred
Proficient in MS Office applications (especially Excel) required
Excellent written and verbal communication skills required
Highly effective interpersonal skills. Ability to interact with all levels of management and staff.
Must be able to conduct effective meetings and present to all levels of management and staff.
Skilled at functioning independently while coordinating and executing several overlapping audit assignments
Demonstrates excellent time-management skills and consistently meets established deadlines
Detail-oriented with a commitment and consistent record of error-free output and high-quality work

Nice To Haves

Certified Internal Auditor, CFE and/or CPA desired
Background in manufacturing-based industries is preferred
Data analysis application knowledge (i.e., IDEA) a plus
GRC or SOX software experience preferred
Experience with electronic audit work paper technology a plus
Foreign language skills a plus

Responsibilities

Execute all phases of Internal Audit engagements in accordance with agreed-upon scope guidance (i.e. planning, field work, and reporting)
Conduct interviews with all levels of Federal Signal Management
Prepare workpapers and analytics as a part of financial, operational, and/or SOX audits
Analyze evidence, document processes and procedures, identify and define issues, develop recommendations, and compose summary memos / reports
Provide observations designed to strengthen internal controls, mitigate risk and improve overall effectiveness and efficiency of business operations
Communicate the results of projects via written reports and oral presentations
Assist in the performance and expansion of Internal Audit’s Data Analytics Program, including ad hoc audit testing, business reviews, and fraud detection/prevention testing
Identify and evaluate the company’s risk areas and provide input to the development of the annual audit plan
Ensure implementation of management solutions via follow-up audit work
Provide SOX PMO assistance including GRC Tool updates, utilization, and functionality
Update company-wide trainings related to fraud and anti-corruption with relevant data and key considerations, along with coordination of the training
Attend relevant, beneficial and/or necessary training sessions to help ensure career growth and development
Represent Internal Audit with various organizational project teams and develop and maintain productive relationships throughout the company
Perform or assist in the performance of special projects and compliance related initiatives, including fraud investigations, FCPA compliance reviews, and T&E compliance reviews
Perform other duties, assignments and special projects as assigned