What are the responsibilities and job description for the VP Internal Audit position at Standex?
The Vice President of Internal Audit and Investigations will lead the global internal audit function and investigations program at Standex. Reporting to the Chief Finance Officer and the Audit Committee of the Board of Directors, the Vice President of Internal Audit and Investigations will be responsible for conducting reviews of financial and operational areas, testing of internal controls over financial reporting and special projects, monitoring and overseeing all allegations of internal misconduct, including, but not limited to, reports made to the Company's corporate whistleblower hotline, and ensuring that all reports are addressed in a timely and appropriate manner.
The Vice President of Internal Audit and Investigations will also partner with the Legal Department to support the Company's Enterprise Risk Management (ERM) program and will be the key architect of Standex's internal controls framework.
What You'll Do
- Lead the internal audit function, including but not limited to staffing, establishing goals and objectives, and setting processes and procedures.
- Provide overall direction and leadership to ensure that all aspects of the internal audit function operate at top efficiency and achieve the objectives of the Audit Committee and Senior Management.
- Conduct the annual risk assessment process and execute risk-based annual audit plan as approved by the Audit Committee
- Ensure that audits are performed in accordance with audit standards, and that procedures are meticulously documented to substantiate audit findings. Additionally, ensure that action plans are of high quality and have practical relevance.
- Coordinate testing and audit execution with key internal stakeholders and external auditors.
- Work with the Controllership group to maintain the control design framework of the Company's system of internal controls over financial reporting to ensure that the Company complies with the requirements of Section 404 of the Sarbanes-Oxley Act (SOX).
- Prepare and present internal audit updates to the Audit Committee quarterly.
- Oversee the investigation of reports of alleged violations of Company policy or applicable law including coordinating investigation strategy with legal, finance, and human resources department personnel as well as local business unit leaders and other internal stakeholders.
- Ensure that all allegations of misconduct are investigated in a timely and appropriate manner, and that investigative and remedial standards are applied consistently throughout the Company.
- Keep abreast of evolving changes in the world of internal auditing, compliance, ethics and internal investigation.
- The position will require ~30% travel, including international travel.
What You'll Bring
- Bachelor's degree in accounting/finance required; CPA preferred.
- 10 years of related experience within internal audit (with preference given to forensic audit experience) and/or accounting/finance function within a complex, global manufacturing (distribution, supply chain, and/or service) organization.
- An accomplished, process-minded, results-oriented, collaborative manager and leader with exceptional communications, influencing skills, and a bias for action.
- A hands-on, detail-oriented professional with excellent analytical, planning, evaluation, and implementation skills.
- A "player-coach" in approach to people management, team leadership, and people development that will empower people and groups to take risks, to challenge, to innovate, and to improve.
- Experience managing sensitive and complex investigations internationally, including cases of corruption, fraud, theft, and harassment.
- Ability to use data analytics to continually improve the internal audit and ethics & compliance program.
- Excellent verbal and written communication skills and executive presence.
- Displays high emotional intelligence when interacting with various stakeholders.
- Capable of working independently but intuitively knows when to involve other colleagues.
- Proven ability to build strong relationships with business leaders and employees at all levels of a global and diverse organization.
Standex International Corporation is a diversified global manufacturing company operating in five segments which consist of our Electronics, Engraving, Engineering Technologies, Specialty Solutions, and Scientific divisions. The company's market-leading manufacturing brands are recognized for quality and innovation. Our strategy is to drive growth and build larger industrial platforms by leveraging the combined strengths of our businesses to better penetrate current markets and to enter new geographic and vertical markets.
Equal Opportunity Employer. We consider candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status
