Director, Internal Audit

Job Title:
Director, Internal Audit
Req ID:
46290
Job Category:
Finance
Mentor, OH, US, 44060
Description:
At STERIS, we help our Customers create a healthier and safer world by providing innovative healthcare and life science product and service solutions around the globe.
Position Summary
The Internal Audit Departments mission is to provide independent, objective assessment of the Companys system of internal control and underlying business processes. Internal Audit provides consulting activities designed to add value and improve the organizations operations.
Internal Audit will employ the Committee of Sponsoring Organizations of the Treadway Commission (COSO) 2013 Internal Control – Integrated Framework for the assessment of the effectiveness of internal control over financial reporting. Furthermore, Internal Audit will conform to the International Professional Practices Framework (IPPF) which encompasses a series of principle-focused standards to evaluate and improve the effectiveness of risk management, control and governance processes.
This position reports to the Vice President, Internal Audit & Corporate Compliance and will assume responsibility for all audit and risk management initiatives of the Company. As a member of the management team, this position will ensure sound governance through the continuous assessment and enhancement of company level controls and anti-fraud procedures.
Responsibilities include the oversight of all audits, 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.
This position is located in Mentor, Ohio with the opportunity for a hybrid work schedule.
Duties
Responsible for planning, developing, recommending and implementing procedures and systems in conjunction with the Audit Committee of the Board of Directors to be used in auditing internal procedures and controls throughout the organization. Develop and implement innovative ideas in an effort to continuously improve the audit methodology, procedures and overall effectiveness. This includes the strategic development of data analytics to improve the effectiveness and efficiency of audit procedures, reduce/mitigate risks and increase value to the business.
Alongside the Vice President, Internal Audit & Corporate Compliance, develop the annual audit plan, strategy, and budget to ensure adequate coverage of financial, operational, and IT risks. Prepare Audit Committee materials with the Vice President, Internal Audit & Corporate Compliance in preparation for the quarterly Audit Committee meetings.
Provide on-going support to the Vice President, Internal Audit & Corporate Compliance by conducting special projects requested by senior management and/or the Audit Committee. Actively conduct investigations for the Ethics Committee, conducting investigations/inquiries as required. Ensure the proper review, documentation and communication of all reported events.
Develop audit findings that include practical recommendations for improvements to policies, procedures and operating methods in order to increase organizational effectiveness, increase efficiency, and reduce costs. Monitor progress and resolution of outstanding issues on a periodic basis to ensure timely execution of action plans, and to ensure appropriate reporting is delivered to management and the Audit Committee.
Duties Continued
Establish performance goals and development plans for staff, and coach each person to achieve their objectives. Provide on-going training and growth opportunities for Internal Audit staff to