Internal Audit Director

Job Description: There’s never been a better time to join our team. The thousands of ESAB associates located around the world share a common set of goals and values that drive our success and unparalleled innovation in fabrication technology and specialty gas control equipment. At ESAB, we value and respect everyone’s uniqueness and know that our experiences as individuals strengthen our company. And we know that our ability to collaborate, transform, and empower one another is what makes us unstoppable. With our culture of continuous improvement and innovation and our commitment to living our values, working at ESAB is a career experience like no other. We have more than 9,000 passionate associates in locations across six continents, and we empower our team members to shape the world we imagine every day. If you have a strong desire to be part of a team that delivers cutting-edge innovations and solutions and positively impacts the community, please check out our career opportunities. We help serve a diverse range of industries such as healthcare, automotive, aerospace, renewable energy, robotics, shipbuilding, and so much more. Position Summary The Internal Audit function is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. ESAB Internal Audit is seeking an Internal Audit Director to join the team at headquarters in Bethesda, Maryland, reporting directly to the Vice President of Internal Audit. The Audit Director will work closely with ESAB management, internal audit staff, external auditors, and third-party service providers responsible for the delivery of compliance, operational, financial, and integrated audits from designing an approach, planning, and scoping through proactive discussions with business management and senior leadership, to report issuance and audit follow up. The Internal Audit team is viewed as an important pipeline for developing finance talent within the Company and offers the opportunity to partner with other strategic corporate functional teams, including, but not limited to, legal, reporting and control, mergers and acquisitions, business unit finance teams, as well as external internal audit stakeholders. The individual we seek is intellectually curious with a demonstrated background in continuous improvement in internal audit process and outcomes. They will have strong technical acumen, a collaborative style, and a history of effective hiring, managing, and developing staff. This role offers opportunities to work in an international environment, audit across a diverse and fast-changing technology and digital environment and develop relationships with senior management. ESAB is a global company with significant revenues and employees outside the United States, so willingness and excitement to embrace global exposure is necessary for success in the role. Key Responsibilities • Assist Vice President with setting the department’s strategic objectives including identification of audit projects, staffing, training, budgeting, expense tracking, project management, and reporting to regional and corporate leaders, executive management, and the audit committee of the board of directors. • Responsible for ensuring the integrity of ESAB's financial reporting and internal controls through the systemic monitoring of key performance measures and the auditing of critical processes on a sampling basis. Identify performance trends, and investigate and resolve any problems/ inconsistencies, as appropriate. • Develop and maintain strong relationships with Global Finance leaders and other key stakeholders to provide guidance and/or consultation, as appropriate, to effectively influence business decisions and optimize overall internal controls environment. • Ensure the facilitation and/or refinement of business processes bringing the right and balanced global perspective, leverage internal and external best practices are efficient, consistent, and effective. • Provide ongoing guidance to key stakeholders concerning issues related to areas of responsibility. Ensure appropriate decision makers and subject matter experts are engaged in the process and key decisions concerning process improvements are addressed. Proactively identify risk and opportunity areas. • Leverage the use of business performance management skills - able to deploy and manage (use data to systemically monitor the progress of work against schedules, budgets, and quality standards) resources, to achieve/exceed objectives in a dynamic operating environment. • Lead and direct the relationship with co-source partners to ensure SLAs are met and that risk-based audit plans are flawlessly executed. • Lead and direct the relationship with the external auditor to ensure the external audit efforts are timely and efficient and that deliverables from internal audit meet their deadlines and expectations • Champion excellence in business ethics and integrity, social responsibility, cross-cultural effectiveness, and associate engagement. • Continuously improve internal audit’s process for executing operational, financial and compliance reviews/audits • Partner with the business to continuously improve the efficacy and efficiency of management’s Sarbanes-Oxley (“SOX”) compliance program • Collaborate with the business and the external auditors in conducting the annual risk assessment for Sarbanes Oxley Compliance • Assist in the establishment of policies and procedures to ensure adequacy of internal controls and effectiveness in providing services to the business lines • Managed the annual global risk assessment process • Assist with development and execution of internal audit annual plan • Prepare high quality audit deliverables including planning memo, drafts of audit issues, audit reports, and presentations • Prepare, review and report audit results to management, recommending changes in operations and control activities and identifying opportunities for continuous auditing and monitoring • Assist with preparation of reporting materials, including Audit and Steering Committee reports, and various status reports • Manage resource scheduling, coordinating supplemental third-party resources as needed, to ensure the timely completion of audits • Be a trusted advisor to various internal business department teams with a strong understanding of ESAB's business model, processes, systems, underlying controls, and an ability to influence positive change in these areas • Hire, manage, provide leadership and guidance to Internal Auditors develop a high-performing team • Establish and execute personal development objectives and plans for self and direct reports • Participate in special projects, including acquisition due diligence and integration activities Equal Employment Opportunity (EEO) As an equal opportunity employer, we do not discriminate against any associate or applicant for employment because of sex, color, race, ethnicity, sexual orientation, gender identity, physical or mental disability, age, pregnancy (including childbirth, lactation, and related medical conditions), religion, military/veteran status, national origin, marital status, family or caregiver responsibilities, or any other characteristic or status protected by law. ESAB is a world leader in the production of welding and cutting equipment and consumables. Our innovative, world-renowned equipment and solutions are developed with input from our customers and built with the expertise and heritage of a global manufacturing leader.