Director of Internal Audit

Description

Who We Are

Xponential Fitness is one of the largest global franchisors of health and wellness brands. The portfolio of brands includes Club Pilates, the nation's largest Pilates brand; CycleBar, the nation's largest indoor cycling brand; StretchLab, a concept offering one-on-one and group stretching services; YogaSix, the largest franchised yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; Rumble, a boxing-inspired full-body workout; BFT, a functional training and strength-based fitness program; and Lindora, a metabolic health brand. Through the Company’s eight brands and the On-Demand virtual platform, XPLUS, Xponential Fitness continues to push its mission forward to make health and wellness accessible to everyone.

Summary

Xponential is looking for an experienced US GAAP and execution-oriented internal review and Sarbanes-Oxley (SOX) compliance Director to support our transition to SOX compliance and drive implementation of SOX 404 compliance. The Director of Internal Audit will first be responsible for performing internal reviews of processes and results and then transition into leading the development of accounting policies, manuals, delivering trainings and guidance in under US GAAP. You will supervise and work together with external consultants. The ideal candidate will have familiarity with SEC reporting requirements, SOX compliance, transitioning into fully compliant SOX environment following the IPO.

Responsibilities

• You will be responsible for performing internal reviews of processes and results, collaborating with process owners to ensure appropriate remediation when necessary.
• Performing audit level reviews on large volumes of transactions, ensuring accuracy and the most efficient method of recording transaction was used.
• Coach staff on accounting processes and optimal usage of NetSuite modules, using embedded functions for generating transactions.
• Collaborating directly with business owners, including senior level management, in process improvement initiatives and remediation of process deficiencies related to business and process controls.
• Actively liaising with external auditors, external consultant and various process and control owners and ensuring testing readiness of control owners, timely supply of requested documentation and escalation of control deficiencies with business process controls.
• Actively liaising with control owners and ensuring testing readiness of control owners, timely supply of requested documentation and escalation of control deficiencies with business process controls.
• Developing, analyzing, documenting, and implementing internal controls.
• Developing, maintaining, and enhancing accounting and finance policies, processes, and procedures.
• Seeking opportunities to revise or create new policies and procedures to improve efficiency and effectiveness of the accounting group.
• Organizing, managing, and performing SOX testing and ensuring testing results are appropriately documented and communicated, including detailed review of outsourcing partners execution of SOX procedures.
• Ensuring clear, concise, actionable, and practical observations and recommendations, with a well-documented process for communication and clearance.
• Coordinating with external auditors and consultants on the annual SOX testing plan and providing support to ensure timely and smooth completion of SOX projects.
• Establishing accounting policies and guidelines in accordance with US GAAP and developing subject matter expertise to provide guidance across the organization.
• Directing and leading accounting teams in the development, implementation, and oversight of company-wide accounting policies and controls consistent with SEC, US GAAP and Sarbanes-Oxley standards.
  
  

Benefits

• Medical, Dental and Vision benefits
• This role is eligible for a monthly cell phone allowance
• Empower is our 401k company. We offer Traditional and Roth 401k plans. Employer match is 4% and starts matching at the beginning of year 2. Your 401k would be fully vested at the start of year 3
• Complimentary corporate memberships to XPLUS and XPASS
• Discounts on retail brand merchandise- up to 30% off wholesale price
• On-site gym
• On Campus Amenities: Reborn Coffee Shop, Hangar 24, Mini Putting Green, Basketball Court, Bird Sanctuary, Car Washing Services (M/W), Dry Cleaning Services
  
  

Xponential Fitness LLC. 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.

Qualifications

• Bachelor’s degree in Finance, Accounting, or Business; MBA or Masters in Accounting preferred
• An appropriate certification in accounting and/or auditing is mandatory, including a CPA, ACCA, and/or CIA
• A minimum 8 years of experience in a senior internal or external audit role
• Experience with similar internal controls roles in large organizations or with Big 4 audit firms highly preferred
• Expert knowledge of financial and accounting activities, policies, and processes, including multi-currency consolidations, SEC reporting, and Sarbanes-Oxley
• Demonstrated knowledge of US GAAP, COSO, PCAOB Auditing Standards, Sarbanes-Oxley, risk and controls standards and business process best practices
• Proven track record in a growth-oriented environment
• Experience in a multinational corporation desirable
• Excellent oral and written communication skills in English
• Ability to identify areas of improvement and to drive necessary action to completion
• Experience in NetSuite is highly desired
• Demonstrated sound work ethics, respect and cultural sensitivity and awareness
• Role is mainly based in-office with some flexibility on remote work