What does a Vice President of Internal Audit do at Swire Coca-Cola?

The Vice President of Internal Audit is responsible for the assessment of the control environment, risk, and governance. This position leads the Company's Internal Audit Function and is responsible for ensuring that Internal Audit is closely aligned with industry best practices in executing the duties across the Company's business and financial operations. The Vice President leads and collaborates with the business on Company processes to ensure they support the controls framework and monitors changes in business process to align and adapt controls. This position collaborates with Executive and functional leadership to strengthen controls acumen which enables operational excellence across our business.

Responsibilities:

• Key Responsibilities:
  • Lead Internal Audit and controls processes including annual enterprise risk assessment that informs the annual audit plan to ensure alignment with risk profile of the Company
  • Ensure internal audits are executed and audit reports are issued that are clear, provide root causes, and practical solutions to provide value to management
  • Ensure follow-up to all audits for verification of effectiveness once the business has implemented the necessary controls to address audit findings
  • Lead the overall understanding of business risks and effectiveness of internal controls and operating practices across the Company
  • Review internal control environment health, opportunities, and emerging risks with Executive Leadership at least semi-annually and serve as thought leader with respect to risk management and internal control best practices
  • Leverage technology and tools for data analytics to enhance effectiveness of control testing and procedures to identify improvement opportunities and optimize resources for highest value
  • Build on-going monitoring routines to assess key risk areas, identify emerging risks and manage the process to track, follow-up and close audit findings
  • Ensure process documentation is maintained to support the controls environment
  • Accountable for alignment of the Internal Controls Manual, Corporate Code of Conduct, Employee Manual, and other compliance documents. Identify and support Company risk profile in a balanced manner
  • Collaborate with the external audit firm with the goal of maintaining and increasing reliance on work of Internal Audit
  • Serve as key liaison on regulatory and other third-party audits
  • Assess internal controls of acquired companies or join venture companies and lead efforts to mitigate identified deficiencies
• Business Partnership:
  • Foster a culture of collaboration and business partnership across all business functions
  • Actively participate in critical business and technology initiatives and projects so risks are considered, and controls are designed and implemented
  • Provide on-going proactive advice to help leaders better anticipate and respond to risks
  • Educate and build internal controls competency within the business
  • Collaborate with affiliates ensuring the needs of the parent company are satisfied
• Team Leadership:
  • Lead and develop a high-performing Internal Audit and Controls team
  • Identify and nurture leadership potential among direct reports to build the talent pipeline
  • Drive for harmonization, efficiencies, and improvements to ways of working and build a mindset of continuous improvement within the Internal Audit and Controls team
  • Develop business acumen and a deep understanding of business processes to drive value for business partners
  • Stay abreast of professional standards, emerging trends, and best practices

Requirements:

• Bachelor's degree in accounting, finance, or other closely related field
• Certified Internal Audit (CIA) or Certified Public Accountant (CPA) required
• 10+ years' experience in auditing or accounting; 5 years in a management role
• Ability to articulate risk implications and influence others to act
• Excellent financial acumen including expertise in risk/controls frameworks, risk management processes and financial policies and procedures
• Ability to lead, coach and develop staff
• Familiarity with SAP desired but not required
• Ability to design balanced processes and controls that align with the Company's risk profile

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