Corporate Audit Supervisor

The Corporate Audit Supervisor performs audits of corporate functions, evaluating conformance with GAAP, effective governance standards, laws, regulations and company policy.

Duties/Responsibilities

Audits dealership accounting functions to support SOX program goals

Performs special projects, audits of third parties and investigations as assigned

Recruits, interviews, and hires Audit Professionals, as necessary

Leads assigned staff to achieve a higher level of performance and helps guide their professional development

Documents and evaluates the design and effectiveness of key controls supporting management’s opinion of internal controls over financial reporting at both the corporate and dealership levels

Ensures the quality of audit work performed meets IIA professional practice standards

Reports audit findings and makes recommendations for correcting unsatisfactory conditions, improving processes, and reducing costs

Assists with ongoing risk assessments and development of the audit operating plan

Identifies activities subject to coverage, evaluates their significance, and the degree of risk inherent in the activity

Schedules audit area, staff, and budgets considering cost and efficiency

Establishes standards of performance and, by review, determines that staff members meet the performance standards

Establishes and monitors accomplishments of objectives directed toward increasing the Internal Audit Department’s ability to serve management

Effectively Partners with Senior Management and Department Heads

Provides strategic direction to the Audit Team

Plans the approach and scope of the audits and develops risk-based audit programs for corporate audits

Maintains Sarbanes-Oxley (SOX) documentation and testing programs

Coordinates Walkthroughs and Corporate SOX testing with the Company’s External Auditor

Determines the auditing procedures to be used, including statistical sampling and the use of computer-assisted audit techniques

Determines alternative methods to test or review when audit results indicate that there may be reporting, theft, or other serious issues

Obtains, analyzes, and appraises evidentiary data as a basis for an informed, objective opinion on the adequacy and effectiveness of the system of control

Makes, or assists in making, oral or written presentations to management during and at the conclusion of the examination, including discussing deficiencies, recommending corrective actions, and suggesting improvements in operations and reductions in cost

Prepares detailed work papers that support the audit findings

Develops accurate Audit Reports that clearly and concisely communicate audit results to Executive Management and Department Heads

Prepares formal written reports expressing opinions on the adequacy and effectiveness of the system of control

Appraises the adequacy of the corrective action taken to implement recommendations

Makes value added recommendations to management to help them achieve their organizational objectives

Keeps current on technical developments in the field especially as they relate to Internal Audit

Participates in enhancing the status of the Internal Audit Department

Leads Quality Assessment Reviews (QARs) on a periodic basis

Summarizes Corporate Audit Results on a quarterly basis, for inclusion in presentations to the Audit Committee of the Board of Directors

Develops, monitors, and updates the Internal Audit Department policies and procedures, as necessary

Leads educational sessions with management and key functional area contacts on risks, controls, and Corporate SOX testing

Reviews Corporate SOX controls with Asbury’s Chief Accounting Officer and other Company Directors on an annual basis, to help ensure management has updated the SOX controls for the current year

Performs other related duties to benefit the mission/vision of the organization

Education & Experience

Undergraduate degree in accounting, finance or business oriented field.

Active CPA License    

Seven-year minimum internal audit or equivalent experience

Expert knowledge of internal auditing, accounting, financial, governance, risk management and operational controls in an automotive or retail environment.

Proficiency in information technology general controls, Generally Accepted Accounting Principles and Institute of Internal Auditors Professional Practices Framework

Experience with Sarbanes-Oxley (SOX) documentation and testing

Keen attention to detail

Excellent written and verbal communication skills

Excellent interpersonal skills

Ability to clearly and concisely communicate audit results to Executive Management and Department Heads

Ability to present ideas in business-friendly and user friendly language

Adept at leading, supervising, training and coaching professional staff

Strong personal computer skills and experience working with ERP systems and computer assisted audit techniques

Ability to provide strategic direction for the Audit Team, including developing the annual Corporate Audit Plan

Ability to successfully Partner with Senior Management and Department Heads

Pay and Recognition: 

• Weekly pay
• Paid holidays & paid time off 
• Deferred Holiday Pay Match 
• Paid training 
• Stock Awards(select management and front-line team member’s eligible

Insurance / Retirement: 

• Insurance: medical, vision, dental, accident, critical illness and hospital indemnity plans 
• Up to 12 weeks paid pregnancy leave (disability leave) 
• Paid Parental Leave 
• Health savings 
• Flex spending accounts (tax free) 
• Short-term and Long-term disability plans 
• Life Insurance (Whole Life and Term) 
• 401k with company match

Learning, Tuition Assistance and Career Development: 

• Digital career path tool to assist with career development 
• Continuous training through Asbury's Internal Learning Management System 

Professional growth and development opportunities Additional advantages: 

• Student loan relief resources 
• Employee assistance program 
• Employee discounts on parts and service repairs 
• Scholarship awards 
• Opportunities to join our community service initiatives, which includes paid volunteer hours 
• Aggressive Employee referral program with bonus opportunities

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