Internal Auditor

Position Overview:
The Internal Auditor will play a key role in identifying areas of risk, assessing the
adequacy of internal controls, and ensuring compliance with company policies, industry
standards, and regulatory requirements. This role will work closely with various
departments across all subsidiaries to implement audit strategies, execute audit plans,
and provide recommendations for improving internal processes. Since this is a new
function, this person may need to help create written policies and procedures for the
Company.
Key Responsibilities:
 Audit Planning:
o Develop and execute comprehensive audit plans for various business
areas, including financial, operational, compliance, and IT audits.
o Identify key risk areas in collaboration with the management team and
determine audit objectives and scope.

 Internal Control Assessment:
o Evaluate the effectiveness of internal controls and identify any gaps or
weaknesses.
o Conduct regular audits of financial statements, operating procedures, and
regulatory compliance.
 Process Improvement:
o Provide actionable recommendations for process improvements that drive
efficiency, cost savings, and risk reduction.

o Partner with management to implement audit recommendations and
monitor follow-up actions.
 Compliance Monitoring:
o Ensure adherence to company policies, industry regulations, and
applicable laws, where necessary.
o Stay updated on changes in regulations that may impact the company and
advise management accordingly.

 Reporting:
o Prepare clear and concise audit reports with findings, risks identified, and
recommendations.
o Present audit findings to senior management and the board, as required.
 Global Coordination:
o Coordinate with internal teams across our global subsidiaries in Brazil,
India, the UK, and Poland to ensure consistent application of audit
practices.
o Conduct occasional travel to subsidiary locations for on-site audits and
reviews. Travel will be sporadic and most likely won't occur for the first 1-3
years.

Qualifications:

 Bachelor's degree in Accounting, Finance, or a related field. Master's degree or
professional certifications (e.g., CIA, CA, CISA) preferred.
 Minimum of 5 years of experience in internal auditing, preferably in a
manufacturing or multinational environment.
 In-depth knowledge of auditing principles, risk management, and internal
controls.
 Familiarity with compliance and regulatory frameworks applicable to global
businesses.
 Strong analytical skills and attention to detail.
 Excellent communication skills, both written and verbal, with the ability to present
findings to senior leadership.
 Fluent in English (written and spoken)

 Ability to manage multiple audits simultaneously and prioritize based on risk
level.
 Proficiency in audit software and financial systems (e.g., ERP systems like
Microsoft D365).
 Willingness to travel internationally as required.
Skills & Competencies:
 Attention to detail and a strong commitment to accuracy.
 Ability to work independently and provide objective assessments.
 Strong collaboration skills to work across teams and departments.
 Excellent written and verbal communication skills.

Audit Focus Areas:

 Purchase to Pay Process: Audit the entire purchase-to-pay process, including
service contracts, to ensure compliance and efficiency.
 Balance Sheet Items: Verify the accuracy of all balance sheet items with sample
checks and ensure appropriate backup documentation is maintained.
 Inventory Valuation: Conduct physical cross-checks of inventory where
possible, assess material issuance processes, and ensure accurate valuation.
 IT Audits: Perform audits on IT systems, ensuring limited access as required,
and compliance with software license requirements.
 Local Law Compliance: Ensure adherence to all local laws and regulations,
particularly in regions with specific requirements.
 Approval Limits: Verify that purchase orders, indents, and other approvals
follow the company's set limits and protocols.
 Fixed Assets: Review documentation for fixed assets, conduct physical checks
where possible, and verify proper accounting of assets.
 Payroll Audits: Conduct detailed reviews of payroll backups, ensuring accuracy
and compliance with company policies.
 SOX Controls: Ensure compliance with SOX controls such as the "four eyes"
principle, segregation of duties, and other key controls.
 Petty Cash: Review petty cash vouchers for completeness and accuracy.
 Expense Audits: Ensure that travel expenses adhere to the company's travel
policies, including limits and approval processes.