Director - Audit Services

Company Summary Statement

As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.

Overview

The Director-Audit Services leads enterprise-wide internal audit activities in accordance with the

Corporate Audit Services audit plan. This position is responsible for providing risk-based and value-added audit and consultative services in partnership with the business, primarily for operational,

contract, and financial audits. This includes working with the business to develop and implement a

dynamic risk-based audit plan, executing the audit plan, and optimizing audit resources. Accountable

for the performance, results, and impact of audit activities. Champions continuous improvement

through technology and automation. This position has budgetary, salary planning and employee

development responsibilities. This position has solid-line reporting to the PPL Services Corporation VP Corporate Audit and Chief Compliance Officer.

This position can be located in PA or RI or KY.

Responsibilities

• Leads enterprise-wide internal audit operations (primarily for operational, contract, and financial audits) including identifying risks; developing an appropriate audit strategy; and establishing and implementing a dynamic risk-based audit plan. Works with the business to identify business needs from a risk and controls perspective for proper coverage of enterprise-level risks.
• Performs resource planning, scheduling, and management of internal audit activities.
• Leads and oversees continuous improvement activities that align with Corporate Audit Services' strategy, including increased use of technology, continuous auditing, agile auditing, etc.
• Recommends appropriate enhancements to business processes and controls to improve the overall efficiency and effectiveness of business operations. In this regard, the Director-Audit Services works closely with management and others to effect change. Reviews and approves audit workpapers, as needed.
• Reports key audit results to PPL leadership and reports key audit results and audit performance measures to the VP-Corporate Audit.
• Develops cooperative, value-added relationships with the Company's independent auditor, other risk-related assurance providers, and SOX compliance function. Coordinates activities to help ensure work is not duplicated and key risk areas are managed.
• Supervises staff in non-IT internal audit area.
• Maintains a highly motivated, effectively utilized staff through proper training and development. Develops high performing staff and identifies emerging talent that can progress in the Company in increasing levels of responsibility.
• Performs special projects and conducts specific reviews as requested.
• Supervision of employees to ensure compliance with FLSA wage and hour issues as well as to monitor compliance with safety rules
  
  
  

Qualifications

Basic Qualifications

• Bachelor's Degree in accounting, risk management or related area.
• 10 years of auditing, risk management, or related experience.
• Strong written and oral communication skills.
• MBA, CPA, CIA, CMA, CISA, or other related professional designation.
• Demonstrated leadership capabilities.
  
  
  

Preferred Qualifications

• 15 years auditing, risk management, or related experience.
• Working knowledge of business operations and risks related to a rate-regulated utility.
• Demonstrated leadership and knowledge of financial statement accounting and reporting, business risk assessment, and effective business controls