What are the responsibilities and job description for the Internal Audit Manager - SOX Compliance position at Opendoor?
About the Role
The Internal Audit Manager - SOX Compliance will play a key role in enhancing the effectiveness, efficiency, and scalability of Opendoor's IT and Business Process Control Environment. This leader will manage the Company’s SOX 404 assessments, and will also provide value-add advice and insights to support key Company initiatives such as new systems, new partnerships, product or business initiatives, cybersecurity, cloud governance, etc. The role requires skills and experience in both systems / IT and business process risks and controls governance. The successful candidate will stay abreast of Company operations and the risk profile of the Company’s technologies and systems to ensure relevancy of the SOX approach and apply industry best practices and standards. This position will report to and work closely with Opendoor’s head of the internal audit function.
What You'll Do :
- Lead the risk assessment of the Company’s Business and IT system environment, identify and prioritize risks across different business processes, and components of the IT environment, including system implementations and upgrades
- Plan and manage the annual SOX assessments (Business Process Level, Entity Level, IT General Controls, IT Application Controls and Key Reports)
- Lead the Business Process and System framework documentation, identify key controls and facilitate maintenance of risk and controls documentation for in-scope processes, infrastructure, applications, operating systems, and databases.
- Identify control improvements or opportunities for automation, optimization, and process efficiencies
- Lead control walkthroughs, develop test plans that address the risks identified, manage the design and operating effectiveness assessments
- Evaluate control exceptions, recommend appropriate risk mitigation plans, provide support and obtain business owner acceptance and engagement for remediation actions
- Communicate effectively with system owners, business process owners and senior management to relay control findings and recommendations, track and help drive remediation efforts to closure, advise on control requirements in the design of new systems and processes, identify trends and insights, and continuously seek improvement opportunities
- Coordinate with external auditors the annual SOX test plans and ensure timely and smooth completion of SOX assessments
- Lead special projects or operational projects that entail risk and control advisory, or assurance services related to any new business initiatives, systems, business partnerships, etc.
- Act as a trusted advisor, fostering strong relationships with business and technology partners, and external auditors.
- Provide routine training and support to process and system owners to ensure their thorough understanding of risks, importance of internal controls and control requirements
- Coach and mentor the internal audit team on internal audit procedures / practices in compliance with PCAOB and IIA standards
- Manage outside consulting resources to complete internal audit / SOX activities within budget and on schedule
- Stay up to date on audit standards, and technology trends and inform senior leadership of emerging trends and best practices in internal control governance and compliance
Why Opendoor :
Compensation :
Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The U.S. pay range for this position is $136,800-$171,000 annually. Pay within this range varies by work location and may also depend on your qualifications, job-related knowledge, skills, and experience. Your recruiter can share more about the specific salary range for the job location during the hiring process. We also offer a comprehensive package of benefits including paid time off, 12 paid holidays per year, medical / dental / vision insurance, basic life insurance, and 401(k) to eligible employees.
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About Opendoor
Founded in 2014, Opendoor’s mission is to power life’s progress one move at a time. We believe the traditional real estate process is broken and our goal is simple : build a digital, end-to-end customer experience that makes buying and selling a home simple and certain.
Opendoor Values Openness
We believe that being open about who we are and what we do allows us to be better. Individuals seeking employment at Opendoor are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances. We collect, use, and disclose applicant personal information as described in our personnel privacy policies. To learn more, you can find the policy details for California residents here and for Canada residents here .
About Opendoor
Founded in 2014, Opendoor’s mission is to power life’s progress one move at a time. We believe the traditional real estate process is broken and our goal is simple : build a digital, end-to-end customer experience that makes buying and selling a home simple and certain.
Opendoor Values Openness
We believe that being open about who we are and what we do allows us to be better. Individuals seeking employment at Opendoor are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances. We collect, use, and disclose applicant personal information as described in our personnel privacy policies. To learn more, you can find the policy details for California residents here and for Canada residents here .
We’re committed to Diversity, Equity, Inclusion, and Belonging
Opendoor is dedicated to creating an inclusive and collaborative culture. We value the diverse strengths, perspectives, and backgrounds of all our employees, and believe in empowering our teams to do their best work through teamwork and building a sense of belonging and trust. Our four employee-led Opendoor Employee Resource Groups amplify diverse voices and promote collaboration and inclusion. Our focus is on attracting and retaining exceptional talent, and we believe in empowering our employees to continuously innovate and strive for 1% improvement every day. You can find more information on our Career Page.
We are committed to assisting members of the military community in utilizing their skills at Opendoor. U.S. candidates are able to review your military job classification at MyNextMove.org and apply for positions that align with your expertise.
At Opendoor, we are committed to providing reasonable accommodations throughout our recruitment processes for candidates with disabilities, pregnancy, religious beliefs, or other reasons protected by applicable laws. If you require assistance or a reasonable accommodation, please contact us at TAops-accomodations@opendoor.com.
Salary : $136,800 - $171,000
