Internal Audit Lead - IT Systems and Controls

Neura Market; San Jose (CA); Hybrid; USD 180,000 - 240,000; Full time

Benefits offered by this job

Health, dental, vision coverage

401k Plan with 2% match

Wellness and commuter stipends

Flexible paid time off

Job summary

Lambda, The Superintelligence Cloud, is seeking an experienced Internal Audit Lead – IT Systems and Controls to join our Internal Audit function, reporting directly to the Head of Internal Audit. This leadership role combines hands-on testing with oversight and stakeholder engagement in the IT SOX space, including ITGCs and key report testing.

Based in the San Jose or San Francisco office, you will guide IT risk assessments, remediation efforts, and collaboration with IT, Engineering, Security,

Qualifications

• 10+ years in IT audit, with 3+ years in a managerial or supervisory role.
• Big Four or equivalent experience in Internal/External IT audit or IT consulting.
• Deep expertise in ITGCs, IT Automated Controls, and key report testing.
• Experience auditing homegrown and third-party SaaS systems.
• Familiarity with data governance and cybersecurity risk assessments.
• Experience with AuditBoard, Archer, and Workiva for SOX programs.

Responsibilities

• Lead planning, execution, and oversight of IT SOX testing (ITGCs, automated controls, key reports).
• Coordinate evidence collection, remediation, and timely closure of gaps.
• Oversee co-sourced and internal teams and review their work for quality.
• Identify control deficiencies and design remediation actions with management.
• Monitor changes to processes and advise on governance and control improvements.
• Manage ICFR/SOX 404 documentation including COSO mappings and risk controls.
• Collaborate with IT, Engineering, Security, and Finance on IT SOX initiatives.
• Prepare reports and present findings to Head of Internal Audit and Audit Committee.

Skills

SOX IT Controls

ITGCs

IT Automated Controls

Key Reports testing

Leadership

Stakeholder Engagement

Audit Tools

Data Governance

Cybersecurity Risk

DevOps Awareness

Education

Bachelor's degree

CISA

CISSP

CPA

CIA

Tools

AuditBoard

Archer

Workiva

SQL

Power BI

Job description

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.

If you'd like to build the world's best AI cloud, join us.

*Note: This position requires presence in our San Jose or San Francisco office location 4 days per week; Lambda’s designated work from home day is currently Tuesday.

What You’ll Do

We are seeking an experienced Internal Audit Lead – IT Systems and Controls to join our Internal Audit function, reporting directly to the Head of Internal Audit. This role will take ownership of SOX IT controls testing and assurance activities, with a strong emphasis on IT General Controls (ITGCs), IT Automated Controls, and Key Report testing. In addition, the role will contribute to broader IT and data-focused internal audit projects and advisory initiatives, driving value-added insights and strengthening the overall governance and internal controls environment. This is a leadership level role that combines hands-on testing and evaluation with leadership, oversight, and stakeholder engagement.

• SOX IT Controls & Assurance

  • Lead the planning, execution, and oversight of SOX testing for IT General Controls (ITGCs), IT Automated Controls, and Key Reports

  • Assist in the annual IT SOX scoping and risk assessment process in alignment with the overall ICFR and SOX program.

  • Conduct and lead walkthroughs and design/effectiveness testing of IT controls across homegrown and third-party systems

  • Coordinate evidence collection, manage remediation efforts, and ensure timely closure of audit gaps.

  • Oversee the work of co-sourced as well as internal team members and review their work to ensure high-quality, consistent results.

  • Identify control deficiencies and work with management to design effective remediation approaches and measures.

  • Monitor changes to business processes and apply independent judgement to evaluate the potential impact to the control environment and recommend necessary improvements. Present the impact of the changes to the Head of Internal audit and other stakeholders prior to implementation.

  • Manage and update all ICFR / SOX 404 documentation as required including COSO framework mapping, process and control narratives/flowcharts, risk and controls matrix, and testing approach.

  • Apply professional skepticism and subject matter expertise to independently evaluate and conclude on control deficiencies and develop the necessary remediation actions and monitor their implementation in due time.

• IT & Data Assurance Projects

  • Lead and deliver internal audit projects focused on IT, data governance, and emerging technology risks with a primary focus on internal controls for financial reporting and SOX.

  • Provide advisory services to technology and business leaders on IT risk management, control optimization, and compliance matters.

  • Evaluate data integrity, system development practices, access management, and change management processes.

  • Work closely with engineering, and IT teams to design and implement effective and scalable IT controls.

• Control Evaluation & Remediation

  • Identify, assess, and document control deficiencies, including evaluation of severity and impact.

  • Work with cross functional leadership and process owners to develop, track, and validate timely remediation plans.

  • Recommend process improvements and efficiency opportunities while maintaining control effectiveness.

• Stakeholder Collaboration

  • Act as the key liaison with IT, Engineering, Security, finance, and business system teams for IT SOX and assurance initiatives.

  • Partner with external auditors to coordinate IT SOX testing approaches and reliance strategies.

  • Provide training and guidance to IT and business stakeholders on IT control requirements and best practices.

• Reporting & Communication

  • Prepare reports and presentations summarizing IT SOX results, audit findings, and remediation progress for the Head of Internal Audit and Audit Committee.

  • Communicate complex IT control issues in a clear, business-oriented manner to senior management and stakeholders.

  • Monitor industry and regulatory developments, advising leadership on emerging IT and data-related risks.

You

• Education & Certification

  • Bachelor’s degree in Information Systems, Computer Science, Accounting, or related field.

  • CISA, CISSP, or equivalent certification strongly preferred; CPA or CIA is a plus.

• Experience

  • 10+ years of progressive experience in IT audit, IT risk, or IT SOX compliance, with at least 3+ years in a managerial or supervisory level role.

  • Big Four accounting firm or equivalent experience in Internal or External Audit or IT consulting practice.

  • Deep expertise in ITGCs, IT Automated Controls, key report testing, and their relevance to ICFR, Internal audit methodology and IIA standards.

  • Experience auditing or testing both homegrown business systems and third-party SaaS applications.

  • Familiarity with data governance, system implementation reviews, and cybersecurity risk assessments

  • Experience of working with audit management tools (e.g., AuditBoard, Archer, Workiva) to manage SOX and IT compliance programs..

• Skills & Competencies

  • Strong analytical and technical skills with the ability to evaluate IT and data risks across complex environments.

  • Excellent communication and interpersonal skills to effectively engage with both technical and non-technical stakeholders.

  • Proven ability to lead and review the work of internal teams and co-sourced resources.

  • Organized, detail-oriented, and able to manage multiple priorities in a dynamic environment.

Nice to Have

• Experience with data analytics and automated testing tools to enhance SOX testing efficiency and insights.

• Exposure to emerging technologies such as cloud computing, cybersecurity, and RPA, and their control implications.

• Prior experience working in a fast-growth or global organization, adapting SOX programs to evolving structures and complexity.

• Familiarity with cybersecurity frameworks (e.g., NIST, ISO 27001, COBIT) and their application to IT risk management.

• Experience with data governance and data integrity reviews, including testing controls over data migration, transformation, and reporting.

• Prior involvement in system implementation or upgrade reviews for ERP, financial systems, or homegrown applications.

• Exposure to DevOps, agile development, or CI/CD environments, including related ITGC and change management considerations.

• Working knowledge of data analytics and automation tools (e.g., SQL, Python, ACL, Power BI) to enhance testing efficiency and assurance insights.

Salary Range Information

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

About Lambda

• Founded in 2012, with 500+ employees, and growing fast

• Our investors notably include TWG Global, US Innovative Technology Fund (USIT), Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, Gradient Ventures, Mercato Partners, SVB, 1517, and Crescent Cove

• We have research papers accepted at top machine learning and graphics conferences, including NeurIPS, ICCV, SIGGRAPH, and TOG

• Our values are publicly available: https://lambda.ai/careers

• We offer generous cash & equity compensation

• Health, dental, and vision coverage for you and your dependents

• Wellness and commuter stipends for select roles

• 401k Plan with 2% company match (USA employees)

• Flexible paid time off plan that we all actually use

Equal Opportunity Employer

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.