Senior Internal Audit Executive

5 days ago


Deerfield, Illinois, United States Baxter Full time

About the Role

We are seeking a highly experienced and skilled Senior Internal Audit Executive to join our team at Baxter. As a key member of our organization, you will be responsible for planning and directing all aspects of our global auditing function, ensuring the effectiveness of our internal controls, risk management processes, and compliance frameworks.

Key Responsibilities

  • Develop and manage a financial and operational risk-based audit strategy and plan focused on evaluating and improving the effectiveness of risk management, internal controls, and governance processes of the organization.
  • Lead the internal audit function, measuring, evaluating, and recommending changes in financial and managerial controls as required to protect assets, prevent fraud, and maximize operational efficiency.
  • Establish and evaluate internal audit methodologies, policies, and procedures to ensure audit activities are consistent throughout the company and compliant with regulatory requirements.
  • Take a proactive position on regulatory matters and represent the organization to outside public accountants, regulatory auditors, and officials.
  • Drive continuous improvement initiatives within the internal audit function, leveraging technology, data analytics, and best practices to enhance audit efficiency and effectiveness.
  • Establish strong relationships with internal and external constituents, including senior management, audit committees, regulators, and business stakeholders.
  • Accountable for keeping senior management and the audit committee of the board fully and currently informed of issues relating to financial risk exposure, control, and corporate governance.
  • Participate in the Corporate Responsibility Office and play an active role in supporting investigations to ensure compliance with regulations and corporate ethics.
  • Build and motivate a strong and cohesive team of future leaders through coaching, development, and empowerment.

Requirements

  • Background leading a team that establishes, evaluates, and manages an internal or external audit program in a large multi-national organization or public accounting firm.
  • Proven experience setting priorities and delivering and improving the effectiveness of risk management, control, and governance processes of an organization.
  • Leader with experience in directly working with senior management as a business partner driving results and contributing to the success of the business.
  • Significant experience interacting with finance regulators.
  • Demonstrated knowledge/understanding of risk management and overall fiduciary responsibility.
  • Excellent business acumen, including broad knowledge and perspective on the business, as well as the ability to anticipate future consequences and trends accurately.


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