Other Locations:US- NJ- Summit East
Celgene is a global biopharmaceutical company leading the way in medical innovation to help patients live longer, better lives. Our purpose as a company is to discover and develop therapies that will change the course of human health. We value our passion for patients, quest for innovation, spirit of independence and love of challenge. With a presence in more than 70 countries, and growing - we look for talented people to grow our business, advance our science and contribute to our unique culture.
Reporting to the Vice President of Internal Audit, the Director, Internal Audit will assist the Vice President in providing leadership to the Internal Audit department and will be an important contributor to developing a highly effective internal audit organization. The Director, Internal Audit will assume a leadership role in a team of internal audit professionals, from time to time including co-sourced resources. Responsible for directing audit and risk oversight activities, including evaluation of the company’s internal control structure and other accounting, financial and operational activities. Provide thought leadership within Internal Audit in enhancing the department’s risk identification, assessment methodology, audit approach and practices. Provide added value to the business by identifying opportunities to improve and drive positive change in internal controls and business processes.
The Director will be responsible for ensuring appropriate quality control procedures are in place to ensure exceptional work product and for executing the audit plan, including scheduling, scoping and oversight for all fieldwork and report issuance. Ensures Internal Audit staff have appropriate functional and technical training to execute our audit and risk oversight mission. Coaches, mentors and develops team members in all aspects of IA activity.
Responsibilities include, but are not limited to, the following:
- Based on knowledge and understanding of our current business priorities and developments, current developments in US GAAP and the general business environment, anticipates emerging risks with emphasis on the potential impact on the financial statements and disclosures. Proposes audit engagements based on identified risks.
- Develop and execute a flexible global annual internal audit plan using a risk-based methodology and manage scheduling and resource allocation including co-sourcing arrangements to supplement the in-house internal audit staff. Suggest areas of additional focus for internal audit.
- Approve the audit scope, work program, and testing plan for each audit assignment.
- Direct audit planning, execution, audit report preparation, and appropriate remediation follow-up with quality control oversight.
- Consult and advise business process owners in the design, application and assessment of internal controls to identify opportunities to enhance the effectiveness and efficiency of the Company’s system of internal controls over financial reporting and operational controls.
- Facilitate or provide education to the broader community of business process owners related to internal controls and be a recognized subject matter expert related to internal controls.
- Participate in the implementation of new or evolving business processes and acquisition integrations to provide expertise related to internal controls.
- Partner with management and business process owners to identify constructive and value-added solutions to address issues identified. Recommend operational improvements which ensure that proper controls are exercised over all aspects of the business and that company assets are conserved, protected and accurately reflected.
- Develop periodic reporting for the Audit Committee, senior management and external auditors.
- Develop strong alignment with the external auditors, Coordinate Internal Audit activities with those of the external auditors to ensure proper audit coverage and efficiency.
- Provide ongoing coaching to Internal Audit professionals of various levels and experience.
- Enhance Internal Audit's procedures and methodologies to improve Internal Audit's effectiveness in achieving its Charter.
- Evaluate the technology and tools utilized by the Internal Audit group and propose enhancements when necessary.
- Evaluate Internal Audit group practices to ensure tools and technology are used in an efficient and effective manner.
- Maintain a dialogue with other industry colleagues from professional audit organizations and commercial enterprises to keep abreast of industry issues and trends in audit process and technique.
- Undertake other tasks or special projects as and when requested by management, such as due diligence reviews, compliance/fraud investigation, etc.
- Travel required (Domestic & International) up to 25%.
The ideal candidate will be an experienced financial audit professional who is a subject matter expert in assessing internal controls over financial reporting and auditing practices and will have Big 4 Public accounting experience as well as leadership experience in internal audit. Consistent use of common sense, pragmatism and excellent judgment skills will be critical to success in the function.
- Combined minimum of 12 years’ experience in audit and control functions.
- Active CPA license and an undergraduate or higher degree in finance or accounting or a related discipline.
- Thorough understanding of financial audit principles and best practices.
- Experience in evaluating IT controls and designing or reviewing IT audit processes.
- Demonstrated ability to understand business drivers and issues.
- Management skills: Must possess outstanding operational and people management skills, including: recruiting, retaining and developing talent to execute the responsibilities of the internal audit function and providing a pipeline of talent to the Company. Must be able to motivate and lead by example.
- Communication: Must possess excellent communication skills, both written and oral, and the ability to build relationships across the organization at all levels, particularly with senior management. Must be able to influence others and promote and/or negotiate in situations that involve recognizing and responding to underlying concerns where others may need to accept compromise solutions.
- Building Commitment: Demonstrated ability to develop a powerful sense of shared purpose in others and to motivate them to sign up for the challenges ahead.
- Analysis and Judgment: Must possess an ability to analyze complex issues from a range of perspectives and form supportable judgments around actions to be taken; specifically, able to make crucial judgments about the cost/benefit balance of process/control improvement recommendations as well as wider cultural dilemmas to be managed between efficiency and innovation.
- Thrives on Challenge: The successful candidate will have a track record of being attracted to first-time situations and stretch goals that put his/her abilities and those of the organization to the test.
- Integrity: The ideal candidate must have unquestionable professional and personal integrity including having the courage of his or her own convictions and adhering to strongly held principles or values – and hold others to the same standards. This person must be prepared to define their position on significant issues and drive change when necessary.
Celgene is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Celgene complies with all applicable national, state and local laws governing nondiscrimination in employment as well as employment eligibility verification requirements of the Immigration and Nationality Act. All applicants must have authorization to work for Celgene in the U.S.