Internal Audit Manager
Responsibilities:
THE COMPANY:
STRATTEC SECURITY CORPORATION (Nasdaq listed STRT) designs, develops and manufactures highly engineered products primarily for the automotive industry. Headquartered in Glendale WI, STRATTEC has a history spanning over 110 years of providing innovative security, user interface and power access products including power sliding doors, door handles, lift gates, latches, key fobs, steering column & ignition locks and related solutions.The Company’s largest customers are three leading automotive OEMs in North America, but products are also shipped to other original equipment manufacturers (“OEMs) around the world.
THE ROLE:
The INTERNAL AUDIT MANAGER is a newly created, highly visible finance role that provides excellent exposure to all areas of the business, as well as management. This role, which reports to the Audit Committee Chair and Chief Financial Officer, will oversee the internal audit function, be responsible for planning & executing audits, review and test internal controls and make recommendations to management.The ideal candidate will have significant experience with audit methodology and working in a dynamic manufacturing organization.
The internal audit manager must be able to manage multiple assignments, have highly effective written and oral communication skills and partner with management to put into place best practices & process improvements. The Internal Audit Manager is primarily responsible for planning, conducting, and reporting on financially focused internal audits and Sarbanes-Oxley (SOX) compliance testing for the Company’s business units located in the US and Mexico.The Internal Audit Manager will also conduct risk assessments, develop the annual audit plan and interact frequently with the Company’s external auditors.
This position provides a first-hand and unique opportunity to learn about the varying business units comprising the operating structure of STRATTEC and provides an excellent opportunity for career growth. By design, the position will include finance special project work (related to standardization, simplification and modernization of finance processes) in addition to traditional Internal Audit assignments. Key Responsibilities include the following:
- Provide objective and professional evaluation of STRATTEC’s internal control environment and assist management in evaluating internal control effectiveness.
- Create annual internal audit plan, and review it with senior management, external auditors and Audit Committee
- Execute all aspects of internal audit engagements including audit planning, project management, risk assessments, developing audit programs and procedures and preparing deliverables.
- Evaluate internal control adequacy and effectiveness. Escalate internal control findings to management for development of appropriate action plans and evaluation of internal controls over financial reporting (Sarbanes Oxley compliance).
- Perform financial statement audits (balance sheet reviews of all subsidiaries on a rotational basis to ensure compliance with company finance policies and procedures).
- Assist external auditors with year-end substantive and internal control testing. Maintain open line of communication with external auditors.
- Oversee the organization and compilation of electronic audit workpapers for reference and storage.
- On a quarterly basis, provide results of completed audits to the Audit Committee of the Board of Directors
Qualifications:
REQUIRED EXPERIENCE:
The successful candidate will be self-motivated and have strong problem solving and interpersonal skills. This role must be able to work collaboratively with the broader finance team and ensure project deadlines are met. This individual must have a thorough understanding of US GAAP and Sarbanes-Oxley (SOX) requirements. Required skills and experience include the following:
- CPA with minimum of 6-8 years of experience in audit or finance positions with increasing levels of responsibility.
- Bachelor’s degree with a major in accounting from a four year college or university.
- Working knowledge of internal control concepts and U.S. GAAP. Public accounting and/or industry audit experience.
- Experience in a global manufacturing company environment.
- Strong initiative and drive for completion of projects and assignments.
- Solid and well-developed project management skill set with the ability to handle multiple projects concurrently.
- Ability to develop sound audit conclusions and concise recommendations for process improvements.
- Strong written and oral communication skills, including presentation skills.
- Excellent organizational and documentation skills.
- A willingness to travel approximately 20-25% of the year
If you’re looking for a unique, exciting career with variety and potential for growth, STRATTEC offers challenges & extraordinary rewards for its employees. Choose opportunity – choose STRATTEC!
STRATTEC Security Corporation is an equal opportunity employer committed to attracting and retaining diverse talent from all backgrounds, without regard to race, color, religion, sex, sexual orientation, national origin, gender identity, age, disability, veteran status or any other characteristic protected by law.