Internal Audit Manager - SOX Compliance

$136,800 - $171,000/Yr

Opendoor Technologies - Phoenix, AZ

Full-time - Mid Level

Hybrid - Phoenix, AZ

Real Estate

About the position

The Internal Audit Manager - SOX Compliance will play a key role in enhancing the effectiveness, efficiency, and scalability of Opendoor's IT and Business Process Control Environment. This leader will manage the Company's SOX 404 assessments, and will also provide value-add advice and insights to support key Company initiatives such as new systems, new partnerships, product or business initiatives, cybersecurity, cloud governance, etc. The role requires skills and experience in both systems/IT and business process risks and controls governance. The successful candidate will stay abreast of Company operations and the risk profile of the Company's technologies and systems to ensure relevancy of the SOX approach and apply industry best practices and standards. This position will report to and work closely with Opendoor's head of the internal audit function.

Responsibilities

• Lead the risk assessment of the Company's Business and IT system environment, identify and prioritize risks across different business processes, and components of the IT environment, including system implementations and upgrades
• Plan and manage the annual SOX assessments (Business Process Level, Entity Level, IT General Controls, IT Application Controls and Key Reports)
• Lead the Business Process and System framework documentation, identify key controls and facilitate maintenance of risk and controls documentation for in-scope processes, infrastructure, applications, operating systems, and databases.
• Identify control improvements or opportunities for automation, optimization, and process efficiencies
• Lead control walkthroughs, develop test plans that address the risks identified, manage the design and operating effectiveness assessments
• Evaluate control exceptions, recommend appropriate risk mitigation plans, provide support and obtain business owner acceptance and engagement for remediation actions
• Communicate effectively with system owners, business process owners and senior management to relay control findings and recommendations, track and help drive remediation efforts to closure, advise on control requirements in the design of new systems and processes, identify trends and insights, and continuously seek improvement opportunities
• Coordinate with external auditors the annual SOX test plans and ensure timely and smooth completion of SOX assessments
• Lead special projects or operational projects that entail risk and control advisory, or assurance services related to any new business initiatives, systems, business partnerships, etc.
• Act as a trusted advisor, fostering strong relationships with business and technology partners, and external auditors.
• Provide routine training and support to process and system owners to ensure their thorough understanding of risks, importance of internal controls and control requirements
• Coach and mentor the internal audit team on internal audit procedures/practices in compliance with PCAOB and IIA standards
• Manage outside consulting resources to complete internal audit/SOX activities within budget and on schedule
• Stay up to date on audit standards, and technology trends and inform senior leadership of emerging trends and best practices in internal control governance and compliance

Requirements

• Strong experience managing the Business Process, and IT SOX-internal audit program and supporting enterprise-wide risk management activities
• Experience in integrated audits (external audit, integrated with control assessments) at public accounting firms is a big plus
• Technical knowledge and risk assessment/audit skills in Cloud Security and Engineering infrastructure, and financial applications required
• Strong knowledge of the COSO internal controls framework, PCAOB audit standards, and IT governance framework (COBIT) established by ISACA
• Team player focused on team cohesion and success; adept at building relationships across organizations; ability to lead projects as well as participate as member of project team
• Excellent communication and collaboration skills with the ability to engage with stakeholders across the organization, and effect change through collaboration, trust, credibility and influence
• Strong planning and project management skills; team player with the ability to evaluate issues, proactively problem-solve complex problems, identify, advocate for, and drive improvements
• Detail-oriented and accustomed to project work with tight deadlines and working in a fast-paced environment
• BA/BS degree in Accounting, Business, Information Systems or related field
• One or more relevant professional certifications (CPA, CIA, CISA, CISSP, CISM, CRISC, CPA, CA, etc.)
• Relevant knowledge of policies/procedures related to PCI, SOC 1/2, GDPR, FedRAMP, ISO 9001, ISO 27001 is beneficial

Benefits

• Paid time off
• 12 paid holidays per year
• Medical/dental/vision insurance
• Basic life insurance
• 401(k) to eligible employees