Director of Internal Audit

Job Locations US-WI-Madison
Req No.
Finance & Accounting
Regular Full-Time

Summary of Major Responsibilities

Plans and conducts operational, financial and compliance audits to evaluate the effectiveness of internal controls. Determine compliance with selected policies, procedures, and regulations. Leads financial risk management for the enterprise. Make written recommendations to senior administrators to increase efficiency and/or effectiveness of the control systems of functions reviewed. Perform special investigations as requested by CFO (or designee). This position works with all levels of management and employees within the organization, internal audit personnel and external auditors. Consults with administrators, faculty and staff at all levels to promote good business practices.

Essential Duties and Responsibilities

  • Work with finance team and other functions within the organization to develop a risk-based internal audit plan and risk management plan across the company's global business.
  • Engage and manage internal and external resources necessary to effectively implement the risk management plan.
  • Inform CFO of effectiveness of internal control and risk management systems
  • Prepare annual risk-based audit plan focusing on key business risks and processes with input from relevant stakeholders and obtain approval from CFO or CEO.
  • Prepare updates to management and provide updates of management control remediation plans
  • Implement best practice audit planning and techniques
  • Work in partnership with external auditors to plan and implement a comprehensive audit of the company's interim, year-end and Sarbanes-Oxley assessments
  • Develop process and policies for reporting findings which clearly articulate the risks and include recommendations which are pragmatic and actionable
  • Appraise the adequacy of action taken by management to correct reported deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution
  • Plan and conduct audits to assess controls, operational efficiencies and compliance with selected policies, procedures and regulations. Resolve audit problems that occur and develop modifications to coverage and schedule.
  • Ensure work papers are adequately documented and audit evidence is sufficient. Prepare accurate audit reports for CEO or CFO.
  • Elicit information from knowledgeable internal/external sources about areas and functions to determine appropriate audit direction/methodology. Research all pertinent data (law, current issues, work papers, reports). Develop reasonable budgeted hours.
  • Research and keep abreast of legislative issues, new audit regulations/trends and audit methodology. Discuss updates of new regulations with CEO or CFO.
  • Assist in developing annual audit plan and submit to executive leadership for review and approval.
  • Assist external auditors as appropriate. Assist in coordinating the organization’s response to audit findings and recommendations.
  • Conduct periodic training workshops to promote awareness of internal controls and to discuss changes in policies that will impact the system flow of information.
  • Participate in various committees or task forces geared to policy/procedure development and operational improvements.


Mandatory Skills

  • Proficiency with Microsoft Office Software Suite

Education and Experience

  • Degree in Accounting and / or MBA in Accounting, Finance Minimum 5 years experience in public accounting or combination of public and private accounting including increasing management responsibility for audit functions
  • Professional certification (CPA, CIA, CMA) - CIA preferred
  • Strong analytical and problem solving skills
  • Strong interpersonal, communication and leadership skills
  • PC proficiency, including Word and Excel
  • Able to travel (domestic and overseas) as necessary to accomplish department responsibilities
  • Progressively responsible experience for a major company or division of a large corporation is required.
  • Demonstrated experience of being able to take on more responsibility while delivering successful results
  • Demonstrated experience leading and motivating others
  • Strong verbal and written communication skills with strong attention to detail

Physical Requirements

  • Ability to use computers daily in an interactive manner for extended periods of time and up to 8 hours per day.
  • Ability to sit for an extended period of time.
  • Ability to stand for extended periods of time and up to 6 hours at a time.
  • Ability to travel (by land and air), both domestically and internationally, on occasion.
  • Ability to frequently and accurately communicate with employees, customers, and vendors in person, via the telephone or by email.
  • Constant walking or motion to coordinate work and interact with co-workers.
  • Ability to lift and move up to 40 pounds on an occasional basis.

Exact Sciences is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, and any other status protected by applicable local, state or federal law. The Company’s affirmative action program is available to any applicant or employee for inspection upon request.



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