- Bachelor's Degree
- Master's Degree
- Certified Fraud Examiner
- Certified Information Systems Auditor
- Certified Internal Auditor
Mallinckrodt Pharmaceuticals has announced its intent to spin off its Specialty Generics business by the second half of 2019. The spin-off, if completed, will result in the independent company assuming the Mallinckrodt name, and it will be traded on the New York Stock Exchange, with its headquarters in the St. Louis, Mo., area. The name Mallinckrodt – and its historical values of quality, integrity and service – have long been associated with the Specialty Generics business’ St. Louis heritage. With approximately 1,600 employees globally, the newly spun company will include an acetaminophen business, a portfolio of both active pharmaceutical ingredients and generic finished dose forms of controlled substances and other drugs, a niche specialty generics development portfolio, a portfolio of third-party promoted and non-promoted branded drugs, and a strong U.S. manufacturing footprint.
The Director of Internal Audit is responsible for strategic and tactical direction and operations of the Internal Audit Department. The Director of Internal Audit oversees the Internal Audit function, including the planning, execution, and reporting of strategic, financial, operational and information technology audits, analyses, assessment and reviews. Internal Audit encompasses the examination and evaluation of the adequacy and effectiveness of the organization’s system of internal controls, business and financial operations, policies, procedures, governance processes and the quality and efficiency of performance in carrying out assigned responsibilities to achieve the organization’s stated goals and objectives.
The Director of Internal Audit will conduct an annual enterprise risk analysis; develop an annual audit plan that aligns test plans with that analysis; develop an annual budget; identify financial, operational and IT risks; review process documentation and evaluate the design of the controls identified to mitigate those risks; test the effectiveness of the controls; identify and report on control weaknesses to senior management; evaluate the financial and operational significance of any issue; and work with the process owners to develop and implement practical remediation plans.
Provide Senior Management, the Audit Committee of the Board of Directors, and shareholders with an independent, objective assurance designed to add value and improve the Company’s operations and assist Senior Management in accomplishing the Company’s goals by bringing a systematic, disciplined approach to evaluate and improve effectiveness or risk management, control and governance processes.
Responsible for developing, implementing and leading proactive and integrated global fraud prevention, detection and investigation program to ensure company compliance.
Prepare a comprehensive enterprise risk assessment of the company and develop a strategic program of audit coverage for Senior Management and the Board to review. (Identify activities subject to audit coverage, evaluating their significance and the degree of risk inherent in the activity)
Develop and implement a comprehensive audit plan for the evaluation of the adequacy and effectiveness of the organization’s system of internal control and the quality of performance in carrying out assigned responsibilities. (Ensuring coordination with the Controller and external auditors)
Authorize the publication of reports on the results of reviews, including appropriate recommendations for improvement. Appraising the adequacy of the action taken to implement recommendations.
Perform special examinations, investigations, or reviews at the request of Management or the Legal Department.
Provide Senior Management and the Board with reports on audit coverage and the results of audit activity, and adjusting audit activity to improve the audit programs and the audit coverage.
Deliver high-quality products and maintain open communication with audit clients and teams to convey status and issues on a timely basis.
Education / Experience:
Bachelor’s degree required. MBA or equivalent credentials, CIA certification and/or other professional certifications (i.e. CPA, CCSA, CISA, or CFE) preferred
10+ years of experience in auditing (internal or external)
In-depth knowledge of the audit profession and auditing standards
“Big 4” experience in Audit, strongly preferred
Experience in developing and managing creation and management of annual budgets and projects required.
Skills / Competencies:
Unquestionable integrity, objectivity and independence
Demonstrated ability to lead through influence and effectively manage through complex issues and relationships
Highly motivated, positive attitude, self-directed and assertive
Executing for Results
Building Relationships and Using Influence
Perseverance and Managerial Courage
Reports to Chief Financial Officer; will interact regularly with the Audit Committee of the Board of Directors
Works closely with all levels of the company’s management teams
Works closely with all Finance Leadership team members
Normal office setting.