Overview
Vice President of Internal Audit Jobs in United States at Spring River Capital
Title: Vice President of Internal Audit
Company: Spring River Capital
Location: United States
I. Job Title
Vice President, Internal Audit (VP, Internal Audit)
II. Job Overview
The Vice President of Internal Audit is responsible for leading the company's internal audit function, establishing and executing a risk-based audit framework, and ensuring the effectiveness of corporate governance, risk management, and internal controls. This position typically reports to the Audit Committee or the Chief Financial Officer (CFO) and plays a pivotal role in enhancing organizational transparency, compliance, and operational efficiency. III. Core Responsibilities
1. Audit Strategy and Planning
Develop annual and medium-to-long-term internal audit strategies and plans.
Identify key audit areas based on Enterprise Risk Management (ERM) assessments.
Drive the digitalization of the audit function and build data analytics capabilities.
2. Internal Controls and Risk Management
Evaluate and enhance the internal control system (e.g., SOX 404 compliance).
Review risk control points within key business processes.
Collaborate with the Risk Management Department to advance Enterprise Risk Management (ERM) initiatives.
3. Audit Execution and Oversight
Lead financial, operational, IT, and compliance audit projects.
Review audit reports to ensure accurate identification of issues and the feasibility of recommendations.
Monitor the implementation of audit remediation actions and drive continuous improvement.
4. Corporate Governance and Compliance
Report regularly to the Audit Committee on audit findings and risk status.
Ensure corporate compliance with relevant laws and regulations (e.g., SEC, SOX).
Participate in anti-fraud investigations and the management of internal whistleblower mechanisms.
5. Team Management and Development
Build and lead a high-performance internal audit team.
Provide guidance on audit methodologies, tools, and career development paths.
Foster cross-departmental collaboration and enhance the influence of the audit function.
6. Special Project Support
Support Mergers & Acquisitions (M&A) due diligence and integration audits.
Participate in risk assessments for major system implementations and business transformation projects.
IV. Job Qualifications
Educational Background
Bachelor's degree or higher in Accounting, Auditing, Finance, or a related field.
MBA or a relevant Master's degree is preferred.
Professional Certifications (Preferred)
CPA (Certified Public Accountant)
CIA (Certified Internal Auditor)
CISA (Certified Information Systems Auditor)
Work Experience
20+ years of experience in auditing and/or risk management.
At least 5 years of experience in team management.
Prior experience with the "Big Four" accounting firms (Deloitte, PwC, EY, KPMG) or large multinational corporations is preferred.
V. Core Competencies
Deep understanding of internal control frameworks (e.g., COSO).
Strong risk identification and problem-solving skills.
Excellent communication and reporting skills (specifically when interacting with senior executives and the Board of Directors).
Data analytics and audit digitalization capabilities (e.g., using tools like ACL, Power BI).
High standards of professional ethics and independence.
VI. Key Performance Indicators (KPIs)
Audit Plan Completion Rate
Major Risk Identification and Coverage Rate
Audit Remediation Completion Rate
Reduction in Internal Control Deficiencies
Audit Value Contribution (e.g., cost savings, efficiency improvements)
