Lead Internal Auditor

MFS Investments; Boston (MA); Hybrid; USD 79,000 - 113,000; Full time

Benefits offered by this job

Retirement match 15% of base salary

Tuition reimbursement

Education assistance

Paid parental and family leaves

Health and dental plans

Commuter benefits

Wellness programs

Job summary

MFS Investments is seeking an Internal Auditor in Boston, MA to lead audits, oversee staff auditors, and ensure strong internal controls. The role requires deep understanding of financial, operational and compliance audits, and the ability to drive improvements across processes.

You will plan, execute and report on audits, collaborate with management, and contribute to the audit management group while supporting a hybrid work environment. CPA/CIA is preferred.

Qualifications

• 5-6+ years of internal or external auditing experience.
• Experience with financial, operational and compliance audits.
• Experience directing multiple concurrent audit projects.
• Strong business writing and verbal communication skills.
• Willingness to work overtime when required.
• CPA/CIA or similar designation desired.
• Prior industry experience preferred.

Responsibilities

• Survey auditable areas and assess internal controls through testing and analysis.
• Assist in resource allocation, lead audits and reallocate staff as needed.
• Complete all audit phases: planning, testing and report writing.
• Determine applicable auditing procedures, including data analysis where relevant.
• Evaluate control effectiveness across business processes and systems.
• Conduct audits professionally per approved plan and document findings.
• Prepare formal written reports and present to audit management.
• Assess adequacy of corrective actions following audits.

Skills

Auditing experience

Audit project supervision

Business writing & communication

Overtime willingness

Industry knowledge (mutual funds)

Excel proficiency

Designation desired (CPA/CIA)

Education

Bachelor’s degree in Accounting, Finance or business-related field

Tools

Excel

Job description

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.

THE ROLE

Lead Internal Auditor plans and conducts audits of organizational and functional activities in accordance with MFS Internal Audit Department policies and procedures and professional auditing standards with support from the Audit Manager. Supports the department with a strong working knowledge of the companies’ policies and procedures and stays current with the mutual fund industry. Evaluates the adequacy and effectiveness of internal controls in each audit. Develops initial audit findings and recommendations for improving controls and operational efficiency through discussions with auditees. Oversees and allocates audit activities of staff auditors. Performs special projects at the request of internal audit management and makes recommendations and is a contributor to the audit management group. Facilitates key communications in a consistently professional, efficient, and effective manner.

WHAT YOU WILL DO

• Survey auditable areas to determine the nature of operations and the adequacy of internal controls through testing and analysis.
• Assist Managers in allocating resources within an audit, leads audits and reallocates staff members
• Responsible for completing all phases of the audit including planning, testing, and report writing.
• Determine the applicable auditing procedures to be used, including consideration of the use of data analysis, as deemed applicable.
• Evaluate the effectiveness of controls through the application of knowledge of technical and business processes and internal control systems.
• Perform the audit in a professional manner and in accordance with the approved audit plan.
• Obtains, analyzes, and appraises evidentiary matter as a basis for an informed, objective opinion on the adequacy and effectiveness of controls and the efficiency of the activities being reviewed.
• Prepares formal written reports, expressing opinions on the adequacy and effectiveness of internal controls and presents to audit management.
• Appraises the adequacy of the corrective action taken from the findings from the audit.

WHAT WE ARE LOOKING FOR

• Bachelor’s degree in Accounting, Finance or a business-related field.
• 5-6+ years of internal or external auditing experience.
• Experience with financial, operational and compliance audits.
• Experience conducting and supervising several concurrent audit projects.
• Superior business writing ability and verbal communications skills.
• Willingness to work overtime when required.
• CPA, CIA, or other applicable designation desired.
• Prior industry experience preferred.
• Strong knowledge and use of Excel.

Base Salary Range: $79,000.00 - $113,000.00

This position is eligible for competitive incentive bonus.

At MFS, we believe in fair and transparent compensation. For that reason, we’re including the salary range for this position. This range reflects our good‑faith expectation for what we’ll pay depending on the candidate’s experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance.

Other components of our Total Rewards Package include:

• MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
• Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
• Education Assistance: Tuition reimbursement up to $8,000 annually
• Education Assistance: Access to discounted tutors and college coaches
• Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
• Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
• Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
• Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency – if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we’ll be happy to discuss.

At MFS, we are dedicated to building a diverse, inclusive and authentic workplace.

MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.

If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email [e-mail] for assistance.

MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.