Audit Manager
EATONBeachwoodUpdate time: July 7,2021
Job Description
Eaton’s Corporate Audit Team is currently seeking a Audit Manager to join our team. This position is based at our Corporate Headquarters in Beachwood, OH. Position Overview: Plans and leads the daily activities of internal audits and special projects to evaluate the effectiveness and efficiency of internal controls, business processes, and procedures at Eaton. Provides assistance to the Regional Audit Manager in overseeing audits for the region and manager of the department's professionals. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. In this role, you will: Completes the annual audit plan for the region, including simultaneous audits. Ensures quality and objectivity of the audits by assigning appropriate staff to each audit, providing input and guidance to the audit teams in the project planning process, understanding the auditee’s environment, monitoring the timely execution of the audit plan, and critically reviewing audit report and management corrective action plans. Supervises Audit Supervisors and Audit Seniors in all phases of audits, including advance preparation, monitoring the ongoing activities of the auditors assigned to the project, and reporting results of the audit. Participates in the Annual Risk Assessment and assists with the development of the annual audit plan. Develops and manages staff (Individual Contributors), including: Recruiting, training, development, performance appraisals, promotions, review and approval of staff expense reports, participating in the development plan and training of audit personnel and placement into operations. Develops and maintains effective working relationships with Senior Leaders, both corporate and operations, within the region to better understand the business, risks, and customers' needs. Keeps up-to-date with changes in regulations, governance and best practices and ensures these are embedded within the working practices and day-to-day operations of the Internal Audit team. Provides assistance to other department leaders for special projects on as needed basis. Coordinates with regional/functional department head to identify opportunities for continuous improvement of department's processes and practices through the use of the Eaton Business System and other relevant process improvement tools. Participates in the implementation of new processes. Functions as Regional Audit Manager on an as needed basis. Coordinates with Ethics Office in supporting and, as needed, leading Ethics investigations. Coordinates with external auditors in the region (i.e., EY) as required. Performs EY direct assistance and SOX Quality Assessment Reviews with no internal supervision. Follows-up on management action plans and audit findings remediation without direct supervision. Limited assistance for complex issues with Corporate or Sector wide implications. Counsels as an expert (for moderate to high level complexity issues) for accounting, compliance and internal control matters. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. Qualifications Required (Basic) Qualifications: Bachelor’s degree in Accounting, Business and/or finance from accredited institution Minimum five (5) years of external and/or internal auditing experience Minimum two (2) years of manager of people experience Must be authorized to work in the United States without company sponsorship now or in the future No relocation benefit is being offered for this position. Only candidates that currently reside within 50 miles of Beachwood, OH will be considered. Active Duty Military Service member candidates are exempt from the geographical area limitation. Preferred Qualifications: 6+ years of progressive external and/or internal auditing experience Advanced degree (MBA or master’s in accountancy) CPA, ACCA, CIA, CMA, CFE or other equivalent certification Position Success Criteria: Proven experience working with Internal Audit key concepts (Sarbanes-Oxley, COSO, and/or evaluations of systems of internal control) Ability to gain an understanding of business processes, identify risks, develop and execute new audit procedures to assess the design and operating effectiveness of internal controls to mitigate the risks Knowledge of Teammate, Access, ACL, SAP and/or Oracle is desirable Proven experience working with Cost Accounting key concepts and other Manufacturing accounting Ability to get the bigger picture. Can articulate how Eaton enterprise-wide goals are influenced and affected by control weaknesses identified at the local level and can present suggestions for improvements at a broader level Written and verbal communication skills with the ability to develop and present recommendations for improvement to local, division, and group management. Strong project management skills and ability to handle multiple projects of varying sizes. Provides direction for other team members on these projects. Reports status to management. Proficient in accounting methods and applicable financial accounting requirements, under U.S. GAAP Strong interpersonal skills, with the ability to make sound recommendations, and to articulate benefits / results to business unit goals. Ability to influence process improvement and suggest innovative process solutions Significant exposure to manufacturing, cost accounting and public accounting We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law. #LI-TB1 We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters. We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters. Job: Finance/Accounting Region: North America – US/Puerto Rico Organization: Corporate Sector Job Level: Manager Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No Does this position offer relocation?: No Travel: Yes, 25 % of the Time
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