What are the responsibilities and job description for the Director, Internal Audit position at Velcro?
It's a great time to join Velcro Companies!
The primary responsibility of the Global Internal Audit Director is to strategically direct the Company's global internal audit program and related audit procedures. This role leads assessment activities related to internal controls and other internal audits, and provides recommendations on leading practices to minimize risk, improve operating efficiency, and comply with legal and financial reporting requirements.
This critical role will also conduct financial, operational, fraud review and compliance audit projects; provide consulting services to the Company's management and staff; provide internal control training and coaching to management; develop the annual audit plan; and provide training and coaching to internal audit staff.
Principal business outcomes for this role include identifying internal process recommendations to minimize risks and support profitable growth for the Company while building productive, sustainable consultative relationships. The Global Internal Audit Director identifies and monitors industry trends and provides direction to the Internal Audit team in auditing and assessing applicable risks and controls relevant to the Company.
Specific responsibilities will include :
Develop and execute a risk-based audit plan providing audit coverage throughout the risk universe. Ensuring achievement of the annual audit plan as approved by the Audit Committee.
Ensure that the Internal Audit function is performing its work in accordance with established professional standards, including formal quality assurance certification
Work closely, collaboratively, and strategically with business partners to forecast, identify, and prevent control breakdowns that could damage the organization's brand, business sustainability, or customer loyalty
Communicate findings to business partners in a timely manner, obtaining agreement on root cause(s) of issues, commitment to implementing recommendations, and track findings through remediation
Deliver audit reports which are clear, concise, identify root causes with practical solutions, and provide value to management
Participate in critical business and technology initiatives and special projects, ensuring that Internal Audit's perspective is effectively voiced and appropriate controls are designed and implemented on a proactive basis
Work closely with the external auditors and other oversight functions (Legal, Risk Management, Compliance, etc.) to maximize the audit service value proposition and ensure proper coordination and leverage, in assessing the internal control structure
Prepare quarterly updates to the Board of Directors / Audit Committee, including risk assessment / audit plan, Internal Audit findings / recommendations, prior findings status and special projects / key activities
Manage and develop Internal Auditor direct report.
The successful candidate will be bright and of exemplary integrity, epitomizing the highest standards of company values; Respect, Responsibility, and Dialogue. He / she will have strong communication and interpersonal skills that drive and manage change, are non-political, creative and possess a strong desire to win and passion to excel. Additionally, he / she will possess these characteristics;
A highly interactive, inquisitive, and consultative approach to business, to include the predisposition to dedicate time to observe and assess a situation and relationship, building upon entry into a company that operates in a complex business and industry.
Leadership, strategic planning, communication and presentation skills.
Excellent analytical and problem solving skills.
A high energy, make-it-happen attitude - and the persona to attract like kinds.
Thrives under high profile conditions.
Ability to manage success during high growth conditions, bringing a repeatable process rigor to the function and team.
An agent for positive change who can instill in employees the highest standards of performance through frequent communication, good management practices, performance measurement systems and inspiring leadership.
Outstanding personal presentation and communication skills associated with the positive representation of the company with its customers, external partners, employees, and the business community at large.
Qualifications
Minimum Required :
Undergraduate degree in Accounting, Finance or Business Administration
A professional certification in public accounting or internal auditing (i.e. CPA / CIA / CFE or international equivalent)
10 years of strong technical experience with audit or compliance teams, or related experience in finance or operations
5 - 8 years of experience leading people and collaboratively building motivated teams,
Exceptional written / verbal communication and presentation skills
Strong ability to develop relationships with key stakeholders
Excellent Project Management skills with proven experience directing change
Analytic, strategic, "big picture" thinker with excellent problem solving ability
Mature, tactful, highly ethical leader who exercises good judgment in all decisions
Strong overall business acumen
Self-driven, highly motivated
Unquestionable ethics, integrity, and values
Willingness to work a flexible schedule (i.e. weekend and / or evening work)
Ability to travel internationally 25%
Proficient in business applications - Excel, Word, PowerPoint; Oracle experience a plus
Preferred :
Prior employment at a national attestation / consulting practice preferred
International and manufacturing industry experience preferred
Graduate education such as Masters in Accounting or Internal Audit or Business Administration preferred
IFRS knowledge
PERKS OF BEING PART OF OUR TEAM :
At Velcro USA Inc., we truly value our employees. We strive to support each and every employee by providing a safe and healthy work environment, challenging and rewarding careers, and opportunities for professional and personal growth. Velcro USA Inc. offers competitive pay, a comprehensive benefits package, and generous time-off designed to meet the needs of our workforce. Advancement and growth opportunities are offered and encouraged to all employees.
Health and Welfare Benefits :
Medical and Prescription Coverage (HSA and HRA Options)
Dental Coverage
Vision Coverage
Flexible Spending Accounts
Award Winning Wellness and Incentive Program
Life Insurance
Short- and Long-Term Disability
Business Travel Accident Insurance
Voluntary Accident & Critical Illness Insurance
EAP (Employee Assistance Program)
Retirement Savings Plan
401(k) Saving Plan with generous 5.5% Company match and Immediate Vesting
Time-Off Benefits
Paid Vacation Time
Paid Sick Time
Paid Parental Leave
13 Paid Company Holidays
Other Benefits and Programs
Tuition Reimbursement Program
Financial Wellness Benefit - Smart Dollar
Employee Recognition Programs
Employee Resource Groups
Charitable or Educational Matching Gift Program
Employee Referral Bonus Program
Velcro Companies provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
