Materion is a global leader in advanced materials, providing innovative solutions to a wide range of industries. We are committed to excellence, integrity, and continuous improvement. We are seeking a highly experienced and motivated VP of Internal Audit to join our team and lead our global audit function.
The VP of Internal Audit has global leadership responsibility for the Audit function, providing independent, objective assurance and consulting services designed to add value, ensure compliance, and improve the organization’s operations. The role helps the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. The VP of Internal Audit reports directly to the Chief Financial Officer (CFO) and has a dotted line reporting relationship to the Audit Committee of the Board of Directors. The VP of Internal Audit maintains close working relationships with Materion’s external auditors, the Board of Directors Audit Committee, and the Senior Leadership Team.
Internal Audit Responsibilities:
Provide internal control leadership and support on decisions impacting the internal control environment of the Company.
Communicate with the Senior Leadership Team to keep all members informed of issues that may impact the control environment of the business.
Work closely with the Company's external auditors, including coordinating the annual risk-based audit plan and Sarbanes-Oxley ("SOX") initiatives.
Develop, implement, and oversee the Audit Plan based on risk assessments, updating as necessary.
Plan, organize, and execute audits to evaluate operations' effectiveness, financial reliability, and compliance with policies, procedures, and regulations.
Support SOX compliance efforts and oversee tracking and reporting of audit findings.
Monitor and direct action regarding any whistleblower calls.
Lead the associated required reporting to the Audit Committee and Executive Management Committees.
Perform special examinations, reviews, or investigations as requested.
Develop and implement data analytics strategies to enhance the audit process.
Oversee the organization's risk governance structure and committees.
Determine and execute the appropriate staffing model for audits.
Travel domestically and internationally to understand the global Company and associated risk and control environment.
Corporate Responsibilities:
Facilitate Materion’s ERM program and conduct enterprise-wide risk assessments.
Provide advisory services to leadership on risks and controls.
Participate in business or functional leadership councils, M&A, deal reviews, etc.
Develop trust in Internal Audit through demonstrations of competency and character.
Work closely with leaders from such functions such as finance, legal, compliance, security, controllership, and IT.
Staff & Department Development:
Hire, train, lead, and motivate staff to achieve department goals.
Execute the department talent management strategy and manage staff career development.
Coordinate and lead external service providers as part of the audit cycle.
Drive department improvement initiatives.
Establish and use department metrics to manage staff and projects.
Requirements:
Bachelor’s degree in finance, accounting, or related field; MBA preferred.
CPA/CIA or equivalent preferred.
Minimum 15 years of internal audit experience, preferably in the manufacturing industry.
Current knowledge of audit practices (e.g., COSO) and accounting principles (e.g., USGAAP, IFRS).
Knowledge, Skills, and Abilities:
Comprehensive understanding of IIA guidelines and ability to comply with IIA standards.
Knowledge of SAP.
Strong knowledge of Internal Audit methodologies and best practices.
Demonstrated leadership and management skills.
Team building and relationship management skills.
Strong analytical and critical thinking skills.
Ability to work under tight time constraints and handle sensitive data.
Highly organized with the ability to prioritize and manage time efficiently.
Proven ability in assessing risk, auditing controls, and providing value-creating recommendations.
History of building credibility with business owners through professional communication and work product.
Physical Demands:
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, reach with hands and arms, and climb or balance.
The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
Environment:
The selection of the person to be hired for this position is contingent on the candidate having export compliance eligibility for access to U.S. controlled technology which comes under the licensing jurisdiction of the U.S. Department of State, International Traffic in Arms Regulations (ITAR) and the U.S. Department of Commerce, Export Administration Regulations (EAR).
The candidate selected will have to qualify as either a U.S. citizen, a U.S. National, a lawful permanent resident of the U.S., a Person Admitted into the U.S. as an Asylee or Refugee., a National of a country that is not prohibited from having access to U.S. controlled technology (via a letter of assurance), or a Person to be approved for an export license by the governing agency whose technology comes under its jurisdiction. Please understand that any job offer that requires approval of an export license will be conditional on Materion’s determination that it will be able to obtain an export license in a time frame consistent with Materion’s business requirements.
