Lead Internal Auditor

Summary

The Lead Internal Auditor plans and performs all financial and operational audits that have a broad impact on the business to ensure the soundness and adequacy of controls in compliance with best practice research, adopted frameworks, policies and procedures as well as any applicable regulations; performs findings follow-up to validate that action plans were appropriately implemented by the business and effectively address the finding risk and recommendations.

Works independently with guidance in only the most complex situations; may lead project teams to achieve milestones and objectives.

This is a full‑time office‑based position that requires in office presence four days per week, with flexibility for remote work one day per week; on either Tuesdays or Fridays. Eligible locations for this position are Johnston, RI (preferred), Waltham, MA or Norwood, MA following the schedule above. If the employee’s preferred location is in MA, employee will be required to commute monthly to Johnston, RI for meetings as well as one weeklong event each year.

• Plans and leads complex audit test work, requiring the application of significant judgement
• The plan is developed utilizing a risk‑based approach that involves:
  • Identification of process objectives and related risks
  • Evaluation of the risk likelihood and impact
  • Identification of relevant controls
  • Assessment of adequacy of controls based on risk
  • Development of the audit program
• Manages the audit process based upon the audit program developed during planning including:
  • Assigning work to the team based on required skills
  • Providing guidance on performance of the work
  • Reviewing the work of junior team members
  • Leading status meetings with the business and ensuring the audit is progressing in accordance with expected time frames
  • Assesses the significance of findings, evaluates root causes, ensures recommendations adequately address the root cause, evaluates all findings in aggregate to determine an overall conclusion and rating for the audited area, drafts the audit report
• Evaluates the completeness and accuracy of risk assessments supporting our testing of Internal Control over Financial Reporting (ICFR) for documented and undocumented processes including: assessing the completeness and materiality of business sub‑processes, evaluating the completeness of identified risk utilizing the financial statement assertions, assessing the adequacy of related key controls and developing required test attributes based on all of the risks the control is addressing
• Builds relationships with stakeholders. Involved in activities such as attending management meetings, risk management committees and providing advice to the regional management on risk and control matters.
• Participates in special projects and performs other duties as assigned.

• Bachelor Degree in Accounting or Finance

• Masters Degree in Accounting, Business Administration or related field
• Professional designation (e.g. CPA, CA, CIA, CISA)

• 4-6 years of experience in an audit‑related field in a corporate setting
• Experience planning audit engagements and auditing non‑financial processes and controls
• Mix of external and internal audit experience

• Lead or Supervisory experience in the audit setting
• Insurance industry experience

• General Awareness of all the requirements of the IIA Professional Practices
  Framework with:
• Expert level knowledge in the following areas:
  • Accounting and finance:
    • Financial and managerial accounting
      concepts and underlying principles, audit techniques inquiry, observation, reperformance, analytical procedures, and general business operations
  • Sampling:
    • Appropriate sampling techniques for routine and unique or complex populations not addressed in current guidance.
• Advanced working knowledge in the following areas:
  • IT Application Controls:
    • Ability to identify application controls within a process and assess related testing design and impact of testing results on any additional audit procedures and on the audit opinion.
  • Organizational Governance:
    • Identify governance…