Senior Internal Audit Leader - Retail & IT Controls

Michaels Stores; Irving (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

Michaels Stores seeks a Manager - Internal Audit to build and lead a new internal audit department across store operations, distribution centers, and corporate functions. You will oversee audit planning, execution, and coordination with Finance, IT, and senior leadership to strengthen controls and reduce enterprise risk.

You will develop risk-based audit plans, perform financial, operational, and compliance audits, and drive remediation while leveraging data analytics to identify trends and

Qualifications

• 6+ years of progressive internal or external audit experience, including 2+ years in a supervisory or team-lead capacity.
• CPA or CIA, required
• Strong knowledge of SOX, COSO framework, GAAP, and enterprise risk management.
• Proficiency with Excel and ERP systems (Oracle preferred).
• Ability to work cross-functionally with all levels of staff.
• Experience in publicly traded company or high-growth private equity-backed environment preferred.
• Retail industry audit experience preferred.

Responsibilities

• Manage the full audit lifecycle across store, distribution center, corporate, and technology environments, including risk assessment, planning, fieldwork, testing, reporting, and remediation follow-up.
• Develop, maintain, and execute the annual risk-based audit plan aligned with enterprise risk priorities and Internal Audit objectives.
• Perform financial, operational, and compliance audits by evaluating risks, assessing controls, designing test procedures, and documenting audit conclusions.
• Perform compliance activities, including control walkthroughs, testing strategy, issue validation, coordination with testers, and partner with internal audit firms, as well as external auditors.
• Evaluate retail-specific risks and controls, including inventory shrinkage, loss prevention, POS and cash handling, vendor management, distribution center operations, and store-level compliance.
• Leverage data analytics and quantitative analysis to identify trends, control gaps, process inefficiencies, and opportunities to improve audit effectiveness and business performance.
• Assess business processes and internal controls, providing practical recommendations that strengthen governance, compliance, operational effectiveness, and risk mitigation.
• Prepare audit findings, root causes, business impacts, and recommendations, while tracking remediation efforts to ensure timely resolution.
• Support continuous improvement of the internal audit function through technical research, methodology enhancements, special projects, investigations, and other management-requested engagements.
• Other duties as assigned

Skills

SOX knowledge

COSO framework

GAAP

Enterprise risk management

Cross-functional collaboration

Education

Bachelor's degree in Accounting/Finance

MBA preferred

Tools

Excel

Oracle ERP

Job description

Michaels Stores seeks a Manager - Internal Audit to build and lead a new internal audit department across store operations, distribution centers, and corporate functions. You will oversee audit planning, execution, and coordination with Finance, IT, and senior leadership to strengthen controls and reduce enterprise risk.

You will develop risk-based audit plans, perform financial, operational, and compliance audits, and drive remediation while leveraging data analytics to identify trends and