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VP - Internal Audit

1 month ago


New York, United States MBK Search Full time
17th June, 2024

Under the supervision of the Managing Director, the Vice President, Internal Audit will lead the provision of audit, advisory and conduct & ethics services for the US property businesses and will also support the global IA team, working directly with management's portfolio and risk teams. The property portfolio is diversified across every sector of real estate from next generation logistics facilities to state-of-the-art office buildings, luxury hotels and residential communities over five continents.

As a senior resource on the Internal Audit (IA) group, the Vice President will be an integral member of our US IA team based in New York and responsible for group coaching and leadership including driving assurance alignment, creating efficiency and effectiveness in the provision of IA's services and enhancing overall performance.

Responsibilities:
Key responsibilities and priorities for the Vice President will include but are not limited to the following:
  • Develop and lead the execution of the risk-based audit plan for evaluating the effectiveness of controls in place to manage significant risk exposures, ensure the integrity and reliability of information and financial reporting, safeguard company's assets and comply with laws and regulations.
  • Identify, understand, and assess processes and internal controls. Continually monitor and update the assessment of the control environment, keeping abreast of significant control issues, trends and developments.
  • Understand regulatory requirements assist the business in maintaining processes and functions to help ensure compliance with such requirements.
  • Supervise and execute non-audit requirements including advisory projects, strategic projects, fraud and conduct & ethics investigations.
  • Build strong professional relationships with the global real estate management team by providing value-added service.
  • Prepare presentations and other materials in support of IA's reporting to management and the audit committee.
  • Schedule and supervise fieldwork and working papers. Develop draft audit reports for discussion with the IA lead and senior management.
  • Manage and oversee auditor performance, providing training and staff development, and ensuring right mix of skills to execute audit engagements and maintain a high-performing team.
  • Focus on development and coaching of staff including their technical and delivery skills which providing active feedback and support.
  • Manage co-sourced service providers when engaged as subject matter specialists or supplemental resources.
  • Support compliance with international internal auditing standards.
Requirements:
This position offers excellent opportunities in a dynamic environment for an individual with a "hands-on" approach. To qualify, candidates must have:
  • Bachelor's degree in accounting or related finance field; accounting designation (preferably CA); other desirable qualifications including Certified Internal Auditor, Certified Information Systems Auditor, or Certified Fraud Examiner.
  • A minimum of ten years' experience; a combination of accounting / advisory firm and corporate industry experience is a plus.
  • Emphasis on risk management, audit and advisory experience with broad exposure to regulatory, finance, IT and operations systems and controls.
  • At least seven years' experience directing audits, risk management, or compliance programs.
  • Comprehensive knowledge of auditing practices, procedures and principles, sufficient to interpret and analyze complex concepts and apply these in innovative ways, including implementation and utilization of data analytics and automated audit management applications.
  • Strong verbal and written communications skills with experience interacting and presenting to senior levels.
  • Candidate should have the ability to develop creative approaches and solutions necessary to pragmatically solve complex problems.
  • Strong negotiating skills and ability to resolve conflicts to achieve objectives.
  • Self-motivated and proactive, with respect to both managing workload and personal professional development.
  • Desire and aptitude to build direct reports' skills and NY team culture.
  • Experience leading a local team.