Manager - Internal Audit at RPM International Inc.

Posted in Other 8 days ago.

Location: Medina, Ohio

Job Description:


RPM International Inc. (NYSE: RPM) owns subsidiaries that manufacture, market and sell various specialty chemical product lines, including high-quality specialty paints, infrastructure rehab and repair products, protective coatings, roofing systems, sealants and adhesives, focusing on the maintenance and improvement needs of the industrial, specialty and consumer markets. Our family of products includes those marketed under brand names such as API, Carboline, CAVE, DAP, Day-Glo, Dri-Eaz, Dryvit, Ekspan, Euclid, EUCO, Fibergrate, Fibregrid, Fibrecrete, Flecto, Flowcrete, Grupo PV, Hummervoll, illbruck, Kemtile, Key Resin, Nudura, Mohawk, Prime Resins, Rust-Oleum, Specialty Polymer Coatings, Stonhard, Strathmore, TCI, Toxement, Tremco, Tuf-Strand, Universal Sealants, Viapol, Watco and Zinsser. As of May 31, 2022, our subsidiaries marketed products in approximately 160 countries and territories and operated manufacturing facilities in approximately 117 locations. Approximately 23% of our sales are generated in international markets through a combination of exports to and direct sales in foreign countries. For the fiscal year ended May 31, 2022, we recorded net sales of $6.7 billion.

This position is responsible for leading audit teams in the execution of financial and internal control audits for RPM International. These audit activities include internal control audits at the majority of the Company's large subsidiaries in support of Management's Assessment of Internal Control over Financial Reporting as well as specific scope financial statement audits at certain of the Company's smaller worldwide locations.

In addition, RPM's Internal Audit Department may work on various other projects on an ad hoc basis. The Manager, Internal Audit reports directly to the Director of Internal Audit during the execution of the procedures described above. This position will typically work in a hybrid environment spending several days per week at RPM headquarters in Medina, Ohio while also having the opportunity to work from home several days per week. In addition, this role may be asked to travel up to 25% of the year.

Essential Functions

  • Manage the day-to-day audit site visits, which consists of evaluating the design and testing operating effectiveness of key internal controls and/or testing of key financial statement accounts and processes. These responsibilities include:
  • Training and supervising Staff & Senior Auditors in ensuring the effective and efficient execution of the audit.
  • Provide training and re-enforcement to worldwide financial managers regarding the expectations surrounding the Company's internal control framework.
  • Effectively communicate with local financial management, regarding the nature of audit documentation requests, an overview of procedures performed, and the results of the audit.
  • Providing timely status updates to the Director of Internal Audit regarding audit issues identified, staffing issues, concerns with local management, etc.
  • Deliver workpapers to external auditor within agreed upon deadline. Respond to any review comments from the external auditor in a timely and thoughtful manner.
  • Conduct follow-up discussion and tests to ascertain whether agreed upon corrective measures have been implemented.
  • Respond to internal requests for support or assistance in a prompt and professional manner.
  • Keep abreast of laws, rules and regulations issued by applicable regulatory agencies with which the Company must comply.
  • Maintain personal and professional competency through appropriate participation in professional organizations and attendance at relevant internal and external training opportunities.

  • Equipment Used

    Laptop computer with Microsoft Office, AuditBoard internal control software, calculator, cell phone, copy machine, & scanner

    Relationship and Contacts

    Internal Contacts:

  • Senior Internal Auditors, Staff Internal Auditors, and Interns - On a daily basis, the Manager, Internal Audit is expected to work in small project teams and manage the efforts of the Senior Internal Auditors, the Staff Internal Auditors and Interns.

  • Director of Internal Audit - On a frequent basis, the Manager, Internal Audit will meet with the Director to discuss internal audit objectives, audit procedures and audit results.

  • Vice President-Internal Audit & Chief Audit Executive - On a periodic basis, the Manager, Internal Audit will meet with the Chief Audit Executive to provide summary reporting on audits, projects and staffing.

  • VP & Chief Financial Officer AND Sr. VP, General Counsel, Chief Compliance Officer & Secretary - On at least a quarterly basis, the Manager, Internal Audit will participate in a meeting with the VP & Chief Financial Officer AND Sr. VP, General Counsel, Chief Compliance Officer & Secretary to provide an executive level summary of the activities of the Internal Audit Department.

  • Corporate Finance Department - Internal Audit is responsible for auditing the activities of the Corporate Finance Department, most important of which is the preparation of the Company's external financial statements. In addition, the Corporate Finance Department will communicate any areas of risk at the operating company level to Internal Audit for review and follow-up.

  • Financial Management at Operating Groups and Operating Companies - Though the degree will vary with every audit, this position will have contact with all employees in the worldwide finance function, at every level of the organization.

  • External Contacts:

  • Frequent contact and coordination with the Company's external auditors who rely significantly on the work performed by Internal Audit.

  • Education/License/Certification/Experience Requirements

  • 5 to 7 years of experience is preferred.
  • Knowledge equivalent to the completion of a Bachelor's degree in Accounting or a related field.
  • Certified Public Accountant or Certified Internal Auditor are preferred.

  • Knowledge and Skills Required for Position

  • Positive Attitude & willingness to travel in small teams
  • Ability to communicate, learn, and be self-sufficient
  • Effective oral and written communication skills
  • Ability to understand and follow directions
  • Business office skills - ability to use a laptop computer (including word processing and spreadsheet applications)

  • Benefits

    The employee will be eligible to participate in all applicable corporate benefit programs which include a defined benefit pension plan, a company-matched 401(k), medical and dental plans, group life and disability plans, and employee assistance program. The employee will also be eligible for paid vacation, PTO, paid holidays, and tuition reimbursement. Employee will be eligible for annual merit increases and bonus.
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