Lead Internal Auditor
Company: James Hardie
Location: Mission Viejo
Posted on: May 8, 2022
Chicago, IL or Mission Viejo, CA
Located in Chicago, James Hardie Industries plc, manufactures and
sells fiber cement products for interior and exterior building
construction applications primarily in the United States, Canada,
Australia, New Zealand, the Philippines, and Europe. Its products
principally include fiber cement interior linings, exterior siding
products, and related accessories products. The company offers
fiber cement products with various patterned profiles and surface
finishes for a range of applications, including external siding and
soffit lining, internal linings, facades, floor and tile underlay,
lattice, fencing, decorative columns, flooring, and ceiling
applications; and manufactures and sells fiber reinforced concrete
pipes. Its products are used in various markets, such as new
residential construction, which include single and multi-family
housing; manufactured housing that comprise mobile and
pre-fabricated homes; repair and remodeling; and various commercial
and industrial applications, such as stores, warehouses, offices,
hotels, motels, schools, libraries, museums, dormitories,
hospitals, detention facilities, religious buildings, and
The company markets its fiber cement products and systems under
various Hardie brand names and other brand names, such as
Hardieplank, Artisan Lap and Artisan Accent Trim by James Hardie,
Cemplank siding, Scyon, Secura flooring, and HardieBacker. The
company has historically invested between 2% and 3% of its annual
revenue in research and development activities focused on process
and product development. The business sells its products directly,
as well as through distributors, large home center retailers, small
to medium size dealer outlets, and specialist distributors to
dealers or lumber yards, consumers, builders, real estate
developers, and distributor/hardware stores.
James Hardie Industries plc was founded in Australia in 1888,
moving its headquarters to The Netherlands in 2001. In 2010, the
company moved its headquarters again, this time to Ireland. Today,
the company has revenues totaling approximately $2.5 billion, with
shares traded on the Irish and Australian markets, in addition to
ADRs traded in the United States.
The Lead Internal Auditor works independently or as part of a team
reporting to the Internal Audit Manager or Internal Audit Senior
Manager. This position is responsible for leading the planning,
execution and reporting of financial and operational audits, fraud
investigations and special projects, and leads projects associated
with Section 404 of the Sarbanes-Oxley Act (SOX).
The Internal Audit function is responsible for assessing the
reliability of financial reporting, compliance with laws and
regulations, the efficiency and effectiveness of operations and
safeguarding of Company assets. The function provides independent
and objective assurance to management and the Audit Committee by
evaluating the effectiveness of governance and risk management
activities, ensuring that controls are in place and working
effectively, performing fraud investigations and completing special
projects assigned by management and the Audit Committee. Internal
Audit is responsible for identifying opportunities for operational
and control improvements to mitigate risk, and improve the
efficiency and effectiveness of processes across the Company's
The Internal Audit Department reports directly to the Audit
Committee of the Board of Directors, and administratively to the
The Internal Audit organization is viewed as a training ground for
high performing talent seeking a developmental assignment and
exposure to the global operations of the Company.
Plans, manages and executes financial and operational audits, SOX
projects, fraud reviews and special projects: 75%
Plans and executes audit assignments (financial and operational
audits, fraud investigations) across domestic and international
locations. Develops and tailors risk based audit plans for each
project and presents the audit plans to management. Coordinates
audit activities with management prior to and during the audit.
Presents findings to management in writing (audit reports) and
verbally. Follows up with management on open issues.
Leads audit work and works independently or as part of a team.
Depending on the scale and complexity of the project, the Lead
Auditor may work under the supervision of the Internal Audit
Manager, the Senior Audit Manager or interact directly with the VP
of Internal Audit. He/she reviews and tests the control environment
to ensure that it adequately and effectively ensures: the
reliability of financial reporting; safeguarding of company assets;
compliance with applicable laws and regulations; and the efficiency
and effectiveness of company operations. Prepares high quality
audit work papers to document procedures and the results of audit
work. Performs work paper review of the team and less experienced
auditors. Makes recommendations to enhance business processes and
identifies opportunities to improve operational efficiencies.
Manages the audit team on site. Supervises the audit procedures
that evaluate the effectiveness and efficiency of processes and
controls, and accuracy of financial information. Identifies control
gaps, process inefficiencies and opportunities to enhance business
processes and improve operational effectiveness.
Develops and maintains effective communication with key location
management and stakeholders throughout the audit process. Works
closely with the external auditors.
Manages and reviews audit work papers to ensure completeness,
adequate supporting documentation, appropriate conclusions,
consistency of approach, and regularly debriefs the audit team.
Assists in the preparation of well written, comprehensive and
timely audit reports for executive management, the Audit Committee
and the Board of Directors. Leads key audit meetings including
opening and closing meeting as well as meeting to discuss audit
findings with management.
Conducts projects associated with SOX including: documenting key
processes and controls over financial reporting; evaluates control
design and effectiveness, tests the design and operating
effectiveness of key controls; documents in work papers; reports
findings to management verbally and in writing.
Has a clear understanding of inventory accounting and associated
GAAP. The Lead is able to review key cost accounting information
including valuation, existence and applicable reserves and cost
accounting analysis. He/she is familiar with the accounting
treatment of standard costs, manufacturing variances, and has good
understanding of physical count procedures and associated
Assists in the completion of projects assigned by management and
the Audit Committee of the Board of Directors.
Provides leadership, training and professional development to
create a high performing team: 25%
- Manages the audit teams. Provides "on the job" training,
direction and coaching.
- Motivates and mentors staff.
- Promotes ethical awareness and conduct within James Hardie
Industries in support of the Company's Code of Business Conduct and
Integrity Hotline program.
- Travels to James Hardie Industries locations up to
approximately 50% of time including various locations in the U.S.,
Ireland, Germany, Spain, the Netherlands, the Philippines,
Australia and New Zealand.
- Maintains knowledge of current trends and developments in
accounting, internal audit, IT and the building industry by reading
appropriate books, journals and other literature, and attending
related conferences, seminars, etc.
Knowledge, Skills, And Abilities
- Comprehensive knowledge of internal auditing standards, COSO,
risk assessment practices, US GAAP and US GAAS, information
technology and Sarbanes-Oxley compliance activities.
- Strong audit and accounting skills.
- Excellent analytical and critical thinking skills, a high
degree of intellectual curiosity, good judgment and an ability to
influence others, and function as a business partner.
- A team player who contributes to an atmosphere in which people
work together to produce outstanding results, and an ability to
constructively reconcile differences in an open and positive
- Professional, results driven and assertive with personal
commitment, drive, flexibility and enthusiasm. Strong verbal and
written communication skills and the ability to present his/her
views in a clear and compelling manner.
- Strong interpersonal, management and teambuilding skills.
- Ability to identify critical issues and develop workable
- Proactive with a high level of integrity, credibility and
character with demonstrated high moral and ethical behavior.
- Ability to work in an unstructured environment.
- A Bachelor's degree in Accounting, Finance, or a
business-related field including Management Information Systems is
- Five to seven years of audit or accounting experience. Big 4
audit firm or equivalent audit experience preferred.
- Certified Public Accountant (CPA) or equivalent is required.
Certified Internal Auditor (CIA) a plus.
- Some experience in the management and professional development
of audit staff.
- Knowledge of SAP and data analytical audit tools (e.g. ACL,
Excel, IDEA) a plus.
- Experience within a manufacturing or distribution environment
- International experience is highly desirable.
- Experience in executing and maintaining a SOX program
- Some experience in leading and executing operational, financial
and IT audits
- Demonstrated proficiency in Microsoft Office; Excel, Outlook
- Ability to travel both domestically and internationally up to
Keywords: James Hardie, Mission Viejo , Lead Internal Auditor, Accounting, Auditing , Mission Viejo, California
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