Head of Internal Audit

Overall Function

The Head of Internal Audit, has overall responsibility for the EDF Internal Audit function. The position is responsible for ensuring Internal Audit is closely aligned with industry best practices in executing the duties across the organization programs and financial operations. Works to ensure roles, responsibilities, and results are efficiently coordinated and collectively optimizing the effectiveness of risk management, control and governance of the organization.

Key Responsibilities

• Lead Internal Audit's change initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting, staff recruiting and development, audit technology, and Audit Committee reporting.
• Lead Internal Audit's annual risk assessment and enterprise risk assessment and planning process to develop the audit plan and ensure the plan is responsive to and aligned with the risk profile of the organization.
• Oversee the execution of individual audits defined in the audit plan ensuring the highest level of service quality and client satisfaction.
• Issue all Internal Audit reports ensuring the reports are clear, concise, identify root causes with practical solutions, and ultimately provide value to management.
• Meet regularly with the Audit Committee to report the status of Internal Audit's ongoing monitoring activities, educate/inform the committee of emerging risks and/or exposures (whether internal or external to the organization) that should be considered, and serve as a "thought leader" with respect to risk management and internal control best practices.
• Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention.
• Update/develop process documentation to support management's SOX assessment and Model Audit Rule compliance;
• Lead scoping efforts for management's SOX assessment and create report on final assessment of internal controls over financial reporting for the fiscal year-end for management's review;
• Perform Internal controls assessments of new organization ventures and lead efforts to mitigate identified control deficiencies;
• Manage the process to track, follow-up, and ultimately close all open audit issues leveraging the Audit Committee, if necessary.
• Actively participate in executive management meetings and/or committees to ensure that Internal Audit is well informed of key program developments that could have an impact on audit priorities and/or plans.
• Attract, hire, and retain a team of high performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity.
• Ensure that Internal Audit is performing its work in accordance with established professional standards and remain abreast of emerging trends and best practices that can be incorporated into the function.
• Oversee Internal Audit's participation in critical program and technology initiatives and projects ensuring that audit's perspective is effectively voiced and appropriate controls are designed and implemented on a proactive basis.
• Maintain audit technology platform leveraging support from the information systems group as needed.
• Coordinate the activities of external auditors including how best to leverage the work performed and results produced from Internal Audit's work.
• Serve as the key point person on all regulatory exams and other third-party audits.
• Participates in advancing EDF DEI goals in which people from all backgrounds and experiences feel connected, included, and empowered to address the experiences fell connected, included and empowered to address the environmental and organizational challenges in alignment with EDF values.
• Additional responsibilities as assigned.

Qualifications

• Bachelor's degree in Accounting & Finance or other closely related field.
• Certified Internal Audit (CIA) or Certified Public Accountant (CPA) required.
• 8 or more years' experience in auditing or accounting; 3 years in a Management role.
• Knowledge of Generally Accepted Auditing Standards.
• Knowledge of Accounting and Finance Principles and Practices.
• Knowledge of a variety of reporting procedures, regulations and law.
• Planning and Time Management.
• Effective Communication and Human Relations skills.
• Critical Thinking and Analysis.
• Tenacity and Ethics.
• Technology Proficient (excel, word, Visio, ability to learn new software).
• Demonstrates self-awareness, cultural competency and inclusivity, and ability to work with colleagues and stakeholders across diverse cultures and backgrounds.