Principal Auditor

**Company Overview**:
People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to us.

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.

For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.

Here, what you do matters.

**Job Overview**:
The Principal Auditor is primarily responsible for guiding the financial, operational, business process or compliance audit towards successful completion at McDermott across the globe. The Principal Auditor effectively interfaces with various levels of management and develops relationships that further the organizational goals. The Principal Auditor should demonstrate high energy, be flexible and innovative and motivated to work in a fast paced and challenging environment that continues to evolve. The position in an individual contributor and reports to Senior Manager, Audit. The Principal Auditor position does not have formal supervisory responsibility for the staff auditors but supervision of staff on engagement is a major component of this position.

**Key Tasks and Responsibilities**:

- Assure effective and efficient audit coverage by the audit team within accepted auditing standards and established deadlines. Ensure planning documentation, risk analysis, and audit objectives are completed and understood on assigned audits
- Be adept at assessing risks that warrant the audit’s attention
- Determine the objective, scope, and general plan of the assigned audit
- Identify when specialized skills/resources may be needed to capably assess unique and complex risks
- When appropriate, prepare customizable audit programs that identify audit objectives, risks and controls, and audit procedures for each assigned audit. This step would include, when appropriate, ensuring all ICFR/SOX, IT, data analytical, and other substantive audit procedures are properly scoped into the audit.
- Structure work assignments to further individual staff development
- Assist in the execution of audits by performing test work by the audit program
- Identify opportunities for the use of data analytics to improve audit productivity and coverage
- Ensure the existence of appropriate documentation by the preparation of work papers that adequately summarize the test work performed, observations made, and conclusions reached
- When appropriate, ensure the adequacy of supporting documentation for audit recommendations and findings by performing a detailed review of the work papers of others for accuracy, completeness, sufficiency of scope, and satisfactory disposition of all issues
- Evaluate the adequacy, effectiveness, and efficiencies of the business unit, business process, or project under review, including internal control systems and compliance with company policy. Identify potential improvements to the audit area and formulate practical recommendations
- Effectively coach the audit team members to ensure the successful completion of the audit objectives and achievement of the audit’s coverage, while maintaining professional standards and demeanor
- Regularly inform the Audit Manager of job administration status and significant audit problems and findings
- Be effective in communicating audit results, weighing the relevancy, accuracy, and perspective of conclusions against the accumulated audit evidence both for individual issues as well as for the processes and total audit scope
- Demonstrate effective project management skills which promote team productivity and the completion of audit projects within time budgets
- Interact effectively with a wide variety of people in a wide variety of settings
- Handle multiple assignments simultaneously
- Provide appropriate performance feedback of staff to Management
- Assists and trains others as needed
- Actively contributes to the continuous improvement process of the department’s internal practices
- Keep abreast of current developments in auditing, accounting, IT, fraud, other emerging issues, and the oil and gas services industry which may impact the audit process
- Be able to provide consulting services to various stakeholders within the company, including guidance around the development, or revision, of Company policies and procedures
- A strong desire to add value and succeed as a member of Audit Services and the ability to assume increased responsibilities within a dynamic and growing organization
- Perform other duties as assigned
- The Principal Auditor position does not have formal supervisory responsibility for the staff. Superv