Director, Internal Audit

As leader of the Internal Audit Department, reporting directly to the Chief Financial Officer, this position will be responsible for providing strong leadership and vision, as well as management, planning and execution of all internal audit activities for Orion Engineered Carbons. This position will establish and execute a strategic vision for and drive the Company’s internal control environment, Sarbanes‑Oxley compliance and internal audit program.

This position is responsible for providing the Board of Directors and senior management with independent and objective assurance, designed to add value and improve operations by evaluating the effectiveness of governance, risk management and an assessment of internal controls. Additionally, the position is responsible for making proposals to improve performance and identify business process improvement opportunities.

Drive the Company’s Sarbanes‑Oxley compliance and ensure an adequate internal control structure exists and that appropriate levels of policies, procedures and standards exist by:

• Leading Internal Audit Department in performing internal audit risk assessment, developing internal audit plans, programs and performing internal audit procedures, ensuring that internal audit objectives are met.
• Being responsible for the ongoing identification of risks facing the organization through a comprehensive internal control assessment and through interaction with business leadership at all levels of the organization.
• Assisting in development of process documentation describing internal controls over operational and financial reporting. Review business processes and suggest ways to improve such processes.
• Identifying and assess the implementation of new controls as necessary.
• Preparing and delivering concise presentations to executive management and the Audit Committee of the Board of Directors.

• Exercise significant judgment in identifying areas of key risk and provide advice to senior management to improve the control and operating effectiveness of processes.
• Responsible for working with legal and human resources to coordinate efforts associated with suspected fraud and other similar dishonest activity, including coordination of any investigations performed by law enforcement agencies. Responsibilities may include leading some internal investigations of employee fraud, malfeasance, embezzlement, defalcation, etc. and report findings to the Audit Committee and/or the Board of Directors.

• Manage the planning, execution and documentation of all operational, financial, regulatory and technology audit activities.
• Establish standard audit practices including the development of audit plans and programs, work papers and reporting. Ensures the quality of all audit reports for distribution to senior management and management of audited areas.
• Perform testing in accordance with detailed audit programs for designated audits in IT, financial, operational, and regulatory and compliance, governance, etc. for the performance of audits defined in the internal audit plan.
• Perform substantive and control testing, identify exceptions against audit criteria and prepare audit reports/ dashboards, etc. for designated business areas. Work closely with external auditors. Perform process walkthrough and internal control testing for the purpose of compliance.
• Maintain an effective process for monitoring and driving closure to significant internal audit findings. Ensure management implements recommendations in an effective and sustainable way.
• Work closely with external auditors to maximize the audit service value proposition and ensure proper coordination and leverage, in assessing the internal control structure.
• Prepare quarterly updates to the Board of Directors Audit Committee, including risk assessment/audit plan, Internal Audit findings/recommendations, prior findings status and special projects/key activities.