JOB DESCRIPTION

VICE PRESIDENT, INTERNAL AUDIT/CHIEF AUDIT EXECUTIVE

Company Information

Date Opened

Job Title

PRIMARY RESPONSIBILITIES:
The vice president, internal audit will report directly to the audit committee of Company X’s board of
directors and administratively to the chief financial officer (CFO) in (insert location). This person will be a
key member of the CFO staff and will work closely in partnership with senior managers throughout
Company X to assess the company’s processes for identifying and managing business risk and
delivering organizational effectiveness and efficiency.
This position will be based at one of Company X’s major locations: (insert locations).
The candidate selected for this position will have a proven background in internal audit, including
information technology and financial and operational controls, ideally in a technology or financial services
company. He or she will have exceptional business leadership skills and be able to demonstrate superior
business acumen.

MAJOR RESPONSIBILITIES:

Corporate Audit
• Develop and execute a risk-based operational audit plan for Company X at large, including tracking
audit findings through to remediation. Most audits have a major IT component.

Sarbanes-Oxley Section 404 Compliance

• Administer the company’s Section 404 compliance efforts, including control definition, self-
assessment and testing.
• Coordinate testing plans and results with Company X’s external auditors.
(Insert other responsibilities as appropriate)
As vice president, internal audit, the candidate will bring best-in-class thinking to the internal audit function
relative to risk assessment, audit process development, utilization of automated audit tools, and the
development of the function, and will be expected to:
• Understand the risk profile of the company
• Drive the development of and execute against risk-based audit plans that clearly define the
objective and scope of each review, employing critical thinking and appropriate testing methodologies
• Provide an independent appraisal of controls over financial integrity, operational effectiveness, IT
controls for security, privacy and high availability, and compliance with laws and policies
• Develop strong relationships with clients, teaching them how to think about identifying and
mitigating risks in their environment

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• Communicate findings with clients in a timely manner, obtaining client agreement on root cause
of issues and commitment to implement recommendations
• Drive the preparation of presentations to management at the conclusion of each audit
• Write audit reports that are comprehensive, yet easy to understand
• Follow up and appraise implementation of corrective actions
• Manage and grow a talented team of professionals, utilizing outside experts as necessary
• Partner with the legal and compliance organization on the investigation of whistleblower
complaints and other matters
• Partner with the legal and compliance organization on the development of a company-wide
enterprise risk management program
This position is for an experienced internal audit leader who enjoys hands-on involvement in planning and
executing reviews, and in developing a durable internal audit methodology suitable to a fast-paced high
tech company.

QUALIFICATIONS:
Qualified candidates should have superior leadership skills, strong technical audit skills, including IT audit
and financial institution knowledge, excellent project management and communication skills, as well as a
sense of urgency and drive to help the company manage its risks and opportunities and passion to
develop an internal audit practice that is second to none. The group operates in a professional,
disciplined, productive and structured manner in order to ensure that the audit committee and
management are provided with the highest level of service possible.
The candidate will be expected to demonstrate:
• A bias for obtaining results
• Familiarity with major business processes
• Strong technical internal audit skills, including IT audit skills and knowledge of SOX 404 and
financial institution control requirements
• Strong project management skills
• Ability to interact comfortably with senior/executive level management and board members
• Ability to build strong relationships with auditees
• Ability to quickly assimilate relevant information in unfamiliar situations
• Superior analytical and critical thinking skills
• Excellent listening, verbal, written and presentation communication skills
• Strong influencing and negotiation skills
• Passion to help improve operations continuously
• Sound judgment and ability to act independently

EXPERIENCE:
• BA/BS plus X+ years experience. MBA a plus.
• CPA or equivalent experience, with previous internal audit and operational finance experience
within technology or financial services firms.

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