Prepare detailed plans for performing individual audits including the identification of key risks and controls, determination of audit objectives, and development of an appropriate audit program.
Plan and execute audit projects designed to provide assessment of internal controls and operational performance, in accordance with department and professional standards (i.e., Institute of Internal Auditors (IIA)).
Allocate responsibilities to staff auditors, provide in-charge direction, and track progress on a periodic basis to ensure timely completion of work assigned.
Prepare and review audit work papers that adequately document the result(s) of testing performed and that apply critical thinking to risk exposure and mitigation.
Prepare, under minimal supervision, audit reports designed to provide function and corporate management with an objective assessment of systems, processes and operations, and management’s planned corrective actions.
Assist in the development and execution of a comprehensive audit plan based upon risk assessment, management’s goals and objectives, and the requirements of the Board Audit Committee. More specifically, identification of potential audit areas, assist with assessing the degree of inherent risk, and estimating the time and skills required to complete audit projects.
Stay abreast of best practices both internally and externally and provide a conduit for introducing those practices to the company. This includes utilization of your knowledge of the current risk environment and industry audit and risk trends to identify potential issues and risks, internal audit recommendations and opportunities for improvement.
Assist in the evaluation of acquisition targets and integration after closure of acquisitions, including SOX due diligence, implementation of SOX controls, and implementation of other risk mitigation procedures/policies.
Perform or assist in the performance of special projects and compliance related initiatives, including fraud investigations, FCPA compliance reviews, and T&E compliance reviews.
Assist Management in the maintenance of the GRC tool, including updates to internal control matrices, narratives, updating audit programs, and recommending new policies and procedures.
Ability to travel domestically and internationally as necessary (i.e., 20-40%).
SOX PMO Assistance (responsibilities to be determined) including:
Assist with the annual review of SOX risk and controls to identify design and operational effectiveness and opportunities for improvement
Coordination and meet with External Auditors to ensure an efficient overall SOX effort Maintain the “Financial Control Deficiency List” for follow up and overall compliance efforts
Attend relevant, beneficial and/or necessary (from the standpoint of developmental needs) training sessions
Support involvement on cross-functional teams to share knowledge and experience gained
Internal Audit career development:
Opportunity to work on multi-disciplinary teams and build skills and core competencies, with rich experiences and unique perspective to serve different business functions (i.e. Operations, Finance, HR, IT, etc.).
Continue to grow a command over all aspects of a data driven internal audit process, and throughout the entire project lifecycle, to deliver high-impact performance results.
Develop and maintain strong relationships with process owners that support their positive perception of the internal audit department as a highly skilled resource. This will require marketing the department, delivering a consistently high level of customer service and networking across all levels of FSS staff (up to and including Executive Committee) to expand your network and areas of knowledge
Continue the growth of your internal audit and risk assurance proficiency through department sharing and participation in relevant continual education and training
Effectively leveraging Federal Signal’s performance management system (PEP) to establish clear and relevant performance and professional development expectations
Position Requirements
Bachelor’s degree in accounting or business-oriented degree. Additionally, MBA or MS degree preferred.
CPA, CIA, MBA, or CFE desirable but not required.
Minimum of four years finance/auditing experience, with minimum 2-3 years in internal auditing.
Background in public accounting, financial reporting role(s), and/or manufacturing based industry is desirable but not required.
Prior working experience with JDE ERP system and PolicyIQ GRC Tool is desirable.
Excellent communication and organizational skills.
Ability to interact with all levels of management and staff.
Must be able to conduct meetings and write at a publication quality level in order to communicate findings and recommendations to all levels of management and staff.
In-depth understanding of internal auditing and control practices, with an updated knowledge of applicable laws and regulations.
Ability to guide and supervise staff auditors in developing their skills and internal auditing abilities.
Ability to work effectively and efficiently, with a strong sense of time management.
Experience with electronic audit work paper technology.
Proficient in MS Office applications (especially Excel).
GRC or SOX software experience preferred.
Data analysis applications preferred (IDEA / ACL) but not mandatory.
Benefits of Employment
In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.
About Us
Federal Signal Corporation (NYSE: FSS) provides products and services to protect people and our plant. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Oak Brook, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com.
The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law. If you require reasonable accommodation in the application process, call Human Resources at 630-954-2000. All other applications must be submitted online.
Experience
Required
2 - 3 years: Internal Auditing experience
4 year(s): Finance/auditing experience
Education
Required
Bachelor of Science or better in Business Administration or related field
