JM Family Enterprises, inc.
Receive alerts when this company posts new jobs.
Lead Operational Auditor- FUTURE OPENINGS
at JM Family Enterprises, inc.
- Requisition ID
- # of Openings
- Job Family
JM Family Enterprises, Inc. is one of the largest, most innovative and diversified companies in the automotive industry. JM Family has been on Fortune Magazine's Best Companies to Work For for 20 consecutive years. What started with Jim Moran's passion for selling cars continues today with the dedication and hard work of every JM Family associate. Our principal businesses focus on vehicle distribution and processing, finance and insurance, retail vehicle sales, and dealer technology services. At JM Family, our mission is to be the premier provider of quality products and services. We accomplish this mission by adhering to our core values, the three C’s, the I and the A: Consideration, Cooperation, Communication, Innovation, and Accountability.
We currently do not have any active openings; should you want to be considered for our next open position, please apply!
The Lead Operational Auditor is a great opportunity for someone who is an experienced Operational auditor. In this role you will execute internal audits for various business units. A Lead Auditor must have extensive audit experience with specialized depth and / or breadth of expertise in Operational auditing. This position plans and conducts internal audits under the general direction of Internal Audit management and in compliance with audit standards and schedules and any related statutes. This position plans work programs and may train and assign work to less experienced team members, reviewing work activities and job performance, and counseling subordinates on the conduct of audit work. A Lead Auditor is recognized by business partners as having specialized expertise and establishes or recommends standards and long-term goals for the areas audited, as well as methods to improve the operational efficiency of audits. This position may personally handle especially sensitive, unusual or complex audits where a broader knowledge of auditing is required. A Lead Auditor is able to work independently and is able to take a broad perspective to identify solutions, requiring guidance only in the most complex situations. This position conducts preliminary reviews of audit reports completed by less experienced team members and approves or makes recommendations to management. This position requires a professional with a degree, a professional internal audit or related qualification, and at least 5 years of experience.
Under direction of the Internal Audit Manager and Director, and in accordance with the JM Family Enterprises, Inc. (“JMFE”) Internal Audit Group Charter, Audit Leads will be responsible for Third Line of Defense activities, including the execution of the JMFE audit plan.
Responsibilities include, but are not limited to:
- Regular communication / networking with associates at multiple levels throughout the organization for the purpose of ongoing relationship building to facilitate audit work and continuous risk assessment, monitoring, and information gathering.
- At the direction of Internal Audit management, assist in the completion of the risk assessment process. This includes collaboration with associates in the Second Line and First Line of Defense, conducting interviews, assessing risks identified, and helping develop and present the annual audit plan to Senior Management.
- Planning and conducting audits as assigned by Internal Audit management and according to internal audit procedures. This includes:
- Maintaining independence and objectivity as described in the JMFE Internal Audit Group Charter in order to be able to evaluate the effectiveness of governance, risk management and control processes.
- Leading and coordinating assigned audits and/or projects to ensure timely completion, including review and assessment of Staff Auditor work if applicable.
- Executing audit planning based on audit objectives. Gather information to identify high/critical risks. Document walk-through procedures and identify key controls and control gaps in either a flowchart or narrative form as appropriate. Develop and present the Risk and Controls Matrix (“RCM”) to Internal Audit management to facilitate testing.
- Conducting Fieldwork procedures as guided by the RCM. This will include determining the population and sample size for testing and creating test attributes to determine if controls are operating and functioning as designed.
- Documenting test work, audit findings, and conclusions with associated business risks and making recommendations to enhance internal controls and/or identify opportunities for improved efficiencies.
- Presenting audit findings and recommendations to all levels of management.
- Obtaining responses to the audit findings and ensuring the responses address the identified control/process deficiencies.
- Preparing audit reports and other management communications (e.g., Audit Committee presentation slides) that summarize and rank the audit findings and recommendations as well as associated business risks.
- Perform periodic follow-up on audit findings with the business to ensure that all management action plans have been completed timely.
- Build effective working relationships with co-source partners when assigned to co-sourced engagements. This includes acting as the liaison between the co-source partner and business area auditee, assisting in scheduling meetings with the auditee and ensuring that co-source partners receive adequate cooperation and information from the business for them to perform their audit in a timely manner. In addition, meeting periodically with co-source partner to discuss progress, updating Internal Audit management and assisting in review of the final audit report or other deliverables. Ensure established vendor management procedures for the department are followed.
- Ability to prioritize and work on multiple concurrent audits and projects as requested.
- Complete administrative responsibilities as requested or assigned by Internal Audit management (e.g., time reporting, system user access reviews, records retention activities).
Competencies of a Lead Auditor:
- In addition to the tasks listed above, a Lead Auditor is expected to exhibit the competencies of a professional auditor outlined in the IIA’s Global Internal Audit Competency Framework. These competencies encompass personal skills such as, communication, critical thinking, persuasion and collaboration, as well as technical expertise, including those highlighted by the IIA Professional Practices Framework such as: business acumen, governance, risks and control.
- Bachelor’s degree in Accounting, Finance, or equivalent required. Master’s degree a plus.
- Active CPA, CIA or related certification required, CISA a plus.
- Minimum five years of public accounting, internal audit, or equivalent work experience required.
- Operational, financial and compliance auditing experience strongly preferred. IT auditing experience is a plus.
- Understanding of the COSO ERM and Internal Controls frameworks.
- Demonstrated knowledge of project management skills.
- Strong process analysis, risk and control identification and problem-solving skills.
- Excellent computer skills with emphasis on Microsoft Excel, Word, Power Point, and Visio.
- Experience with TeamMate or another audit management systems a plus.
- Experience with data analytics, including related software applications, such as ACL, is a plus.
- Self-motivated with strong leadership skills and ability to make decisions independently.
- Ability to work both independently and as part of a team.
- Professional demeanor and ability to work effectively with all levels of management and maintain strict confidentiality.
- Must possess strong analytical abilities as well as strong verbal and written communication skills.
- Ability to travel when required.