Summary of Principle Functions:
The mission of Cleveland-Cliffs Inc. ("Cliffs" or "the Company") Internal Audit Department is to serve the Audit Committee of the Board of Directors and management as an independent and objective assurance and consulting function designed to add value and improve the Company's operations. It assists the Company 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 to the Company and to provide value-add advisory and assurance services. The Department achieves these objectives through continued evaluation of organizational and emerging risks, real-time participation in Company initiatives and projects and participation in risk management activities. The Internal Auditor will report to the Internal Audit Manager, with significant exposure to senior leadership within the Internal Audit Department.
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.
Specific Responsibilities/Essential Functions:
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.
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 - Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or equivalent certification preferred. Standing membership to the Institute of Internal Auditors (IIA) is preferred.
Entry level to three years professional experience, preferably including internal audit or public accounting experience. Auditing work experience is preferred; however, business/operations experience may be deemed adequate.
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
Data analytics and continuous auditing experience is preferred
As a company, we are doing what we can to keep all our employees safe and healthy. It is the current expectation that all Cleveland-Cliffs employees will be vaccinated against COVID-19 as soon as possible. Before accepting an offer of employment you must certify that you are fully vaccinated. Cleveland-Cliffs reserves the right to require proof of vaccination.
Cleveland-Cliffs Inc. is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please send an e-mail to or call 1-(312) 899-3097 and let us know the nature of your request and your contact information. Do not email your application materials to this email address. Application materials sent to this email address will not be considered.
Cleveland-Cliffs Inc. is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, national origin, age, military or veteran status, disability, sex (including sexual orientation and gender identity), genetic information, or any other characteristic protected by law. The following links provide information regarding your Equal Employment Opportunity rights and protections: EEO is the Law & EEO is the Law Supplement. We are a drug-free workplace and conduct pre-employment screening as a condition of employment.