Internal Audit Manager- Hybrid - Latham, NY

Colonial Group; Latham (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

Colonial Group is seeking an Internal Audit Manager to lead the internal audit function, focusing on SOX, controls, and governance across the organization. You will manage planning, testing, and reporting, coordinating with external auditors and the Audit Committee.

The role requires extensive experience in internal audit within a global life sciences environment, CPA or equivalent certification, and strong leadership and communication skills to drive remediation and continuous improvement.

Qualifications

• Bachelor's and/or Master's degree in Accounting.
• 8 years of demonstrated internal audit experience with independent execution of tasks.
• Life Science industry experience and global company experience preferred.
• CPA or equivalent internal audit certification preferred.

Responsibilities

• Oversee SOX documentation (control matrices, narratives, flow charts).
• Conduct risk assessment, scoping, testing, reporting, and remediation observation.
• Evaluate deficiencies using PCAOB framework and drive remediation plans with control owners.

Skills

Leadership

Interpersonal skills

Organizational skills

Communication skills

Written reports

Problem solving

Education

Bachelor's and/or Master's Degree in Accounting

CPA or equivalent internal audit certification

Tools

Microsoft Office

Oracle

Job description

JOB SUMMARY

– To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The Internal Audit Manager is a key leader within the Finance organization, with primary responsibility for the Company’s internal audit department. This includes internal audit planning and execution procedures related to the effectiveness of internal controls as required to support the organization’s governance programs, the Sarbanes‑Oxley Act and other external audit processes. This position also includes other internal audit responsibilities, such as operational audits, balance sheet audits, and compliance audits. This role interacts with all levels of the organization, including the Executive Team and Audit Committee of the Board of Directors. The role is critical in performing the assessment for the internal control program. The position manages internal and external resources, as necessary, to deliver the internal audit function.

Essential Duties and Responsibilities

• Oversight of all SOX supporting documentation (control matrices, narratives, flow charts, etc.).
• Risk assessment, scoping, testing execution, internal reporting, and control observation of remediation processes.
• Evaluate deficiencies identified using the PCAOB framework (for risk/materiality) and partnering with control owners to ensure effective remediation plans are designed and implemented to mitigate risks.
• Oversee the performance of operating effectiveness testing by internal audit resources, as well as perform testing when needed and appropriate.
• Identify gaps and inefficiencies in controls, control structure and internal processes required for recommendations for improvement.
• Oversee internal audit team ensuring high-quality execution and timely delivery of internal audit objectives
• Ensure adherence to audit timelines and report to the Company’s Head of Internal Audit regarding the audit status of the Company’s SOX testing
• Assist in the Company’s understanding, monitoring and management of enterprise risk as it relates to compliance, operations, financial statement reporting, fraud, etc.
• Maintain business relationships with appropriate levels of management, ensuring Internal Audit is aware of key changes to business activities for appropriate response.
• Engage and lead the external auditors through the yearly SOX processes for all business and IT controls, as well as oversee assistance with the external auditor's substantive procedures
• Direct and supervise the design and successful execution of audits included in the internal audit plan based on a risk assessment of the environment including financial statement audits (e.g. fixed assets, other balance sheet accounts), operational audits and compliance audits. Work with business owners to share results of the audit, identify and implement remediation efforts where needed.
• Responsible for the leadership, management, and development of the internal audit team. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• Perform other internal audit activities as requested by management, the Audit Committee, or other relevant stakeholders.
• May perform other duties as assigned

Regulatory Responsibilities

• Manages in order to ensure compliance with all relevant regulatory/legal requirements

QUALITY SYSTEMS DUTIES AND RESPONSIBILITIES

Management

Establish and support a work environment of continuous improvement that supports the Quality Policy, Quality System and the appropriate regulations for the area they support. Ensure all employees are trained to do their work and their training is documented

QUALIFICATIONS – The requirements listed below are representative of the knowledge, skill or ability required.

Education and Experience

• Bachelors and/or Master’s Level of Degree in the Accounting field of study
• 8 years of demonstrated experience in internal audit roles, including significant independent execution of tasks
• Experience working in Life Science industry as well as global company is preferred
• Any preferred education, experience or certifications: CPA or equivalent internal audit certification

Skills/Knowledge

• Demonstrated leadership capabilities.
• Proficient in the following computer software applications: Microsoft Office, Oracle preferred
• Exceptional interpersonal skills.
• Strong organizational skills.
• Strong communication skills (written and verbal).
• Ability to effectively communicate both internally and externally.
• Ability to read and interpret documents such as safety rules, operating and maintenance. instructions, and procedure manuals. Ability to write routine reports and correspondence.

PHYSICAL/WORK REQUIREMENTS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job:

• Work safely and follow all OSHA regulations and company safety policies and procedures. For all on-the-job injuries or accidents, must notify manager/supervisor immediately.
• Exposure to (insert any extreme climate and/or work conditions)
• standard office environment
• Ability to frequently lift and/or move up to 15 (insert # lbs.) Ability to occasionally lift and/or move up to 50 (insert # lbs.)
• Ability to regularly sit or stand for extended periods of time (insert physical abilities, repetitive movement, vision requirements, etc.)
• This position requires some travel up to 5% of the time