Vice President, Chief Audit Executive (CAE)

Parsons Corporation•Centreville, VA

7d•$200,600 - $383,500

About The Position

The Chief Audit Executive leads Parsons’ Internal Audit function and audits of the company’s business. The role establishes a systematic, objective, and disciplined approach to evaluating and improving risk management, internal controls, compliance, governance, and operational processes. It applies artificial intelligence, big data analytics, and other technologies to make audits more effective, efficient, and agile. The CAE also leads the Sarbanes-Oxley (SOX) Program Management Office, integrating internal audit activities, enterprise risk management, internal controls over financial reporting (ICFR), and regulatory compliance. The position oversees enterprise-wide SOX 404 program planning, coordination, execution, and reporting. Functionally, the CAE reports to the Chairperson of the Audit & Risk Committee of the Board of Directors and administratively to the Chief Financial Officer. The CAE develops and presents a risk-based annual audit plan and budget, oversees audit staff and audit work, reports findings and corrective-action status, and provides periodic updates to the Audit & Risk Committee. The role also supports investigations, conducts independent assessments or studies when requested, and interfaces with external auditors. Travel and extended work hours are required.

Requirements

Four-year college degree in a related field.
20 or more years of broad and diversified experience in the professional services and/or engineering and consulting industry.
Proven experience successfully managing a team resolving complex work assignments.
Ability to understand complex work processes and contractual terms, analyze data, and apply critical thinking to identify and address root causes.
Interest and drive to quickly learn parts of the business outside the candidate’s prior experience.
Ability to collaborate with the business and Executive Leadership Team.
Strategic mindset and thorough understanding of the business’s financial metrics.
Proven executive leadership experience and strong financial acumen.
Ability to identify, recruit, and retain high-quality talent.
Ability to motivate and influence employees at all levels of the organization.
Proven track record of delivering effective executive-level presentations.
Leadership capability combining strategic vision, sound judgment, industry insight, situational agility, and the ability to inspire others, build collaborative teams, and develop talent.
Travel and extended work hours are required.

Nice To Haves

Prior internal audit experience.
Working knowledge of SOX 404 requirements.
Master’s-level degree demonstrating critical analysis and thinking skills.
Project management experience.

Responsibilities

Evaluate whether risk management, internal controls, and operational and governance processes ensure accurate, reliable, and timely financial statements and managerial information.
Oversee the SOX PMO and support the design, documentation, testing, certification, and continuous improvement of ICFR.
Assess whether risks to company objectives are identified and managed; governance groups interact effectively; activities comply with applicable requirements; activities are free of fraud and abuse; and resources are acquired, used, and protected appropriately.
Develop a flexible, risk-based annual audit plan and budget using management input, industry trends, and lessons learned; present the plan to the Audit & Risk Committee for annual review and approval and provide Committee updates at least quarterly.
Select audit subjects and objectives, define scope and techniques, and establish audit frequency, timing, duration, and resource requirements.
Maintain an audit staff with the knowledge, skills, talent, and experience needed to meet departmental requirements, and obtain specialized services or assistance as necessary.
Ensure audit staff follow applicable policies, procedures, and standards.
Issue timely audit reports to management and periodic reports to the Audit & Risk Committee summarizing audit activity and results.
Report the status of management’s implementation of agreed corrective actions.
Assist with investigations of alleged fraudulent activity and report investigation results to the Audit & Risk Committee.
Review the effectiveness of management investigations into reporting deficiencies, fraudulent acts, and other significant policy violations.
Conduct independent, consultative evaluations, assessments, or studies of important issues when requested by corporate or operations senior management, and issue reports summarizing results or recommendations.
Interface with and support external auditors as required.
Perform other responsibilities associated with the position as appropriate.
Travel and work extended hours as required.