Director, Internal Audit

Title: Director, Internal Audit

Location: Bellevue, Washington, United States

Job Type: Full-time

Terra Power is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure and environmentally friendly form of nuclear energy along with innovations in Reactor Markets to improve human health. In 2006, Terra Power originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world.

They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. Terra Power’s mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company’s activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.

Terra Power is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape. Terra Power is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

In addition, as a federal contractor, Terra Power has instituted an affirmative action plan (AAP) in an effort to proactively recruit, hire, and promote women, minorities, disabled persons and veterans.

We are seeking an experienced Director of Internal Audit and Compliance to join our team. This critical role will oversee and manage internal audit processes, ensure compliance with government regulations, and provide strategic guidance to mitigate risks and ensure the organization adheres to all applicable laws, policies, and contractual obligations. The ideal candidate will possess strong leadership skills, deep knowledge of internal audit framework, government contracting regulations, audit, risk, controls, and a proven track record of driving compliance excellence while managing risks across various functions.

• Audit Management: Lead and manage internal and assist external audit activities, including planning, execution, and reporting. Coordinate with internal auditors, external auditors, and government agencies to ensure that audits are conducted in a timely and efficient manner.
• Data Analytics: Perform data analytics scope including collection of data, analyze data to identify trends, patterns, anomalies, and other meaningful insights. Perform other internal audit scope as determined by management or audit committee.
• Assist with DCAA and third‑party government audits: Audit selection review and coordination; external audit scope includes provisional indirect rates audit, incurred cost audit (ICA), true‑up audit, and compliance audit (Single Audit).
• Compliance Oversight: Ensure compliance with federal, state, and local regulations, including the FAR, DCAA regulations, and other relevant industry standards. Ensure complete and accuracy of billings, and evaluating cost compliance in accordance with contractual requirements and all government regulations.
• Risk Management: Identify, assess, and manage potential compliance, financial, operational, and regulatory risks. Develop and implement strategies to mitigate risks and ensure the organization is protected from potential liabilities. Lead risk assessments and collaborate with various departments to evaluate and address emerging risks across the organization. Develop and implement corrective actions to mitigate risk exposure, including enhancing internal controls and refining business processes.
• Policy and Procedure…