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Audit Manager

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Date: 20-Nov-2018

Location: Hoffman Estates, IL, US

Company: Tate & Lyle

 

Audit Manager

Business Unit/Function

EO / Group Audit & Assurance

DATE

October 2018

Location

Hoffman Estates, IL 

Band

TBC

REPORTING STRUCTURE

Reports to (Title)

VP, Group Audit & Assurance (VP GAA)

Manager One Removed (Title)

Chief Executive Officer

Direct Reports

  • Senior Auditor
  • IT Audit Manager

Key Relationships

Executive Committee (ExCo) Members and Senior Leadership Team (SLT) Members

All internal business groups within Tate & Lyle

 

ROLE PURPOSE

 

We are searching for an Audit Manager to provide assurance on the adequacy of risk management activities over the Group’s processes, systems and activities. In addition to performing risk-based audits and providing independent assurance services across the whole of Tate & Lyle, you will be accountable for the training and development of new starters to the department, the development of the Group Audit Plan and the ownership of the Accepted risk register for the Group.

 

MAIN ACCOUNTABILITIES

 

  • To develop a risk based rolling audit plan working with the VP GAA. The plan will include an assessment of assurance coverage across the Group in relation to key Group risks;
  • To manage, coach and support new starters to the Tate & Lyle audit team ensuring that they understand GAA Audit Standards and requirements, Tate & Lyle risks and key Tate & Lyle operations; To lead and develop the team in more complex audits;
  • To understand the key risks, opportunities and business processes that will determine achievement of short and medium term objectives;
  • To support and advise management on risk and control issues;
  • To work with management towards the identification and implementation of best practice across the Group;
  • To take ownership of the development and continuous improvement of Audit processes, the provision of risk training for colleagues and clients and to lead the fraud workshop training for the department;
  • To attend Audit Committee meetings at their request;
  • To act as the deputy VP GAA as necessary.

PERFORANCE MEASURES

 

  • Delivery of an audit plan accepted by the Audit Committee;
  • Starters joining the Audit team are performing the Senior Internal Auditor role effectively after eight months; positive feedback from the audit team;
  • Delivery of own part of audit plan in line with timetable; positive feedback from recipients;
  • Fraud awareness workshops developed and delivered to the Group;
  • Implementation rate greater than 90% actions agreed by management combined with tangible improvement in the control environment as defined by no surprise control events in the area reviewed;
  • Quality and integrity of service provided to management: positive feedback from recipients;
  • Process Improvement: positive feedback from internal customers and external benchmarks and assessment;
  • Please note the role will require up to 50% travel

 

LEGISLATIVE REQUIREMENTS

Be legally authorized to work in the country that you are applying for.

 

COMPETENCIES, SKILLS, KNOWLEDGE, EXPERIENCE AND QUALIFICATIONS 

COMPETENCIES

  • The ability to lead a team and understand their development needs for both current and future roles;
  • the ability to influence change, engage with and influence higher management, subject matter specialists and those involved in everyday transactions;
  • Being able to identify the root cause of issues and their impact on the organization; problem solving, priority setting, presentation and communication skills are of vital importance in achieving a credible and compelling audit.

 

QUALIFICATIONS

  • A recognized accounting qualification (CPA, ACA, CA, CIMA) or Institute of internal Auditors certification required
  • US Master’s Degree or foreign degree equivalent in Accounting or Finance for US roles

 

EXPERIENCE

  • Ten years’ experience of which five should be senior experience in a matrix organization operating without Sarbanes Oxley
  • The ability to quickly understand how processes work, how they deliver objectives and support business strategy is vital to this role.
  • Initiative and self-confidence is important, as applicants will be required to influence the change process across a variety of businesses including levels up to Executive Committee (ExCo).
  • Ability to influence the change process across a variety of business functions and at all levels up to Exco.
  • Experience of data analytics and supporting large scale analysis.
  • Commercial understanding, customer awareness and independent and objective outlook required.
  • Forensic experience required.
  • Strong analytical and conceptual skills as well as strong interpersonal and communications skills are needed.
  • In depth knowledge and understanding of current Institute of Internal Audit professional standards

SKILLS / KNOWLEDGE

  • Relevant experience in audit roles in multinational companies
  • Previous experience in Big-4 firms preferred

 


Nearest Major Market: Chicago