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Sr. Manager, Internal Audit

Company: Lucid Motors
Location: Newark
Posted on: June 24, 2022

Job Description:

Leading the future in luxury electric and mobilityAt Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.We plan to lead in this new era of luxury electric by returning to the fundamentals of great design - where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we're providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.
Reporting to the Global Head of Internal Audit, this position will assist with leading and directing the company's internal audit activities, including SOX, with accountability for the planning, risk assessment, scoping, execution and reporting of audit activities.Responsibilities:

  • Assist with conducting annual risk assessment program to develop a robust plan, that will include financial, operational and compliance audits
  • Conduct audits, fraud investigations and other special investigations with appropriate interfaces with the other compliance, ethics and security partners
  • Assist in day to day management of the SOX program from planning through scheduling, preparing, execution, tracking and reporting; this includes SOX walkthroughs, controls testing, deficiency evaluation and remediation tracking. Review workpapers and provide comments and finalize reports
  • Participate in annual and ongoing SOX scoping to identify any changes to the financial statement accounts, business processes, systems, applications, and manual or automated controls considered to be in-scope for the current fiscal year
  • Manage SOX-readiness control identification and testing for new business process areas with high accountability
  • Lead manual financial controls walkthroughs for new or complex processes or systems
  • Participate in application controls walkthroughs for new or complex processes or systems
  • Coordinate and drive SOX program testing with co-sourced/Internal Audit team members, External Audit team members, control owners, managers and executive management
  • Evaluate control deficiencies for impact and perform root cause analysis to determine appropriate management remediation actions.
  • Monitor management's remediation efforts to closure, including review of supporting evidence and retesting
  • Strong understanding of GAAP, SOX, COSO, financial and IT risks and controls, and leading business practices
  • Lead benchmarking and other initiatives to shape innovative strategies to improve controls, make processes more efficient, effective, and/or reduce cycle time for SOX compliance
  • Plan, lead and perform additional risk-based audit and advisory activities beyond SOX to assess and provide assurance over the wider risk universe, as neededQualifications:
    • CPA is required, with a minimum of 7 years of U. S. based Big-4 or national CPA firm experience, with at least 7+ years of recent SOX experience (Total of at least 15+ years of experience)
    • Direct experience with PCAOB standards, SOX requirements, and COSO Framework required. Specifically, the ideal candidate must demonstrate a firm grasp of financial reporting and SOX requirements and methodologies (risk assessment, controls design, testing strategies, etc.)
    • Knowledge of process flow mapping, design and documentation of business process and general information technology controls, controls testing, evaluation of control deficiencies, and remediation plans required
    • Working knowledge of SAP ERP and other SAP Business suite applications is desirable
    • Build working relationships with process owners and key stakeholders in various departments, to increase awareness of the importance of mitigating risks and implementing controls
    • Strong project management experience in organizing, planning and executing the program from vision through implementation across multiple internal reporting and organizational lines
    • Effective communication skills with the ability to hold discussions with the audit team and business partners, analyze complex business documents and write reports and other communication succinctly and clearly with attention to detail
    • Proven critical thinking and problem-solving skills, with the ability to identify and resolve complex issues and deal with a variety of high priority situations
    • Proven ability to thrive in a creative, dynamic, fast-paced environment, and work both independently and in a team environment, shifting between the role of an individual contributor, team player and project manager
    • Require domestic and international travelAt Lucid, we don't just welcome diversity - we celebrate it! Lucid Motors is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity and expression, marital status, and any other characteristic protected under applicable State or Federal laws and regulations.
      Notice regarding COVID-19 vaccination requirement as a condition of gainful employment within the United StatesAt Lucid, we prioritize the health and wellbeing of our employees, families, and friends above all else. In response to the novel Coronavirus, and the increased transmissibility with recent variants, all new Lucid employees, whose job will be based in the United States, must provide original documentation confirming status as having received the prescribed inoculation (doses) based on the manufacturer's guidelines on their first day of employment.Individuals seeking a medical and/or religious exemption from this requirement may be granted such an accommodation after submitting a formal request to and the subsequent review and approval thereof by our dedicated Covid-19 Response team.To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to our careers alias or other Lucid Motors employees. Lucid Motors is not responsible for any fees related to unsolicited resumes.

Keywords: Lucid Motors, Newark , Sr. Manager, Internal Audit, Executive , Newark, California

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