Internal Auditor, Internal Audit

Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components.



The Internal Audit department assists in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization's governance, risk management, and internal control. The primary objectives of the Department's function are to create an audit plan focused on areas of greatest risk and to provide value-add advisory and assurance services. The Internal Auditor will report to the Internal Audit Manager, with significant exposure to senior leadership within the department.



The ideal candidate will be responsible for the planning and execution of audits and compliance activities. The results of which will help the business manage strategic risks, improve or develop efficient and effective business processes, identify and communicate best practices and foster appropriate control levels for business and financial risks. This person will work in tandem with the rest of the team to achieve department objectives through continued evaluation of organizational and emerging risks, take part in real-time participation in initiatives and projects, and participate in risk management activities. The work location for this position will be Indiana Harbor but is open to residing at Burns Harbor.



Responsibilities

• Work with Internal Audit management to determine the direction and scope of audits and assist in the preparation of planning memorandums and audit programs.


• Conduct audits, including the detailed planning of each audit and agreeing the audit objectives and scope with management.


• Evaluate and document process, system and control effectiveness through the application of accounting, auditing and business knowledge; collect, analyze, and document information to support audit results.


• Assist with SOX scoping, planning and administration, including maintenance of process documentation, planning memos, risk and control matrices and testing plans, and execute testing of key SOX controls in conjunction with the annual test plan.


• Assess the overall significance of the control deficiencies identified during the audit. Provide perspective for evaluating the audit deficiencies against evolving industry best practices.


• Assist in the preparation and presentation of audit results and strive to improve their communication to appropriate management levels to maximize value of audit services.


• Identify and facilitate resolution of issues that may inhibit audit team's performance and resolve outstanding questions/issues related to the audit.


• Identify constructive and value-added solutions to address issues identified. Recommend operation improvements which ensure that proper controls are exercised over all aspects of the business and that company assets are conserved, protected and accurately presented.


• Monitor status of action plans arising from audits.


• Maintain the confidentiality of audit findings and Company proprietary information.


• Develop and maintain effective working relationships with Internal Audit's stakeholders.


• Conduct work in accordance with the Standards for the Professional Practice of Internal Auditing and Code of Ethics promulgated by the Institute of Internal Auditors.

• Bachelors in Accounting, Business Administration, or related field


• Entry level to three years professional experience


• Excellent written and oral communication skills, strong organizational and analytical skills


• Managerial courage to confront difficult issues with the appropriate response and to do so in a timely manner with any/all stakeholders


• Comprehensive knowledge of the Sarbanes-Oxley Act provisions and methodologies for achieving compliance


• Understanding of both current accounting (GAAP) and auditing (GAAS) principals


• Strong interpersonal skills - ability to work closely with people at all levels of the organization


• Proactive - demonstrated ability and desire to improve individual performance and advance the efficiency and effectiveness of the department


• Ability to work in a highly complex environment under general direction as to assignment


• Ability to solve conflict between differing priorities of various process stakeholders by offering pragmatic solutions to management


• Ability to maintain the highest level of ethics, integrity and objectivity


• Ability to travel up to 30% to Cleveland-Cliffs locations as required

• Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or equivalent certification


• Standing membership to the Institute of Internal Auditors (IIA)


• Auditing work or business/operation experience


• Internal audit or public accounting experience


• Data analytics and continuous auditing experience