Director, Internal Audit (Hybrid)

General Summary:

The Director of Internal Audit will be responsible for the development and implementation of a risk-based audit plan to evaluate and improve the effectiveness of the Company's risk management, control and governance processes. This position will report to the VP, Chief Audit Executive (CAE) and play a critical role in developing and executing the audit plan as well as oversee Sox testing. In addition, this role will be influential in establishing departmental strategy, setting annual functional goals and executing / enhancing departmental practices.

Key Duties and Responsibilities:

• Maintain an in-depth knowledge of Vertex's core business and contribute to the development of a risk and control assurance program that fits with the company's strategic objectives and risk appetite.

• Contribute to the development of departmental strategy, risk-based audit plan, Audit Committee reporting and departmental initiatives such as data analytics, trend reporting etc.

• Establish collaborative and effective business relationships with key Vertex leaders and facilitate understanding of risk, control and governance.

• Direct project team (Managers, Supervisors, Staff) in the performance of audits (and special requests such as investigations), and oversee execution of assigned portion of audit plan. Ensure project planning, fieldwork and reporting are of high quality and in accordance with professional and departmental standards. Review and approve all audit draft reports.

• Critically evaluate issues identified during audit process and corresponding business risk. Develop recommendations to enhance controls and partner with the business to develop workable solutions.

• Responsible for on-going mentoring, development and all HR related administrative activities for team.

• Help identify, develop and implement improvements in departmental practices (reporting, policies, procedures, audit programs, computerized applications, etc.).

• Support / drive cross-functional assurance initiatives (such as Risk Assessments, monitoring approach) with other assurance functions, such as Corporate Compliance and Corporate Accounting.

• Coordinate and supervise internal audit work provided by third-party providers as required.

• Drive efficiency in Sox testing program and facilitate maximum external auditor testing reliance.

Knowledge and Skills:

• May require advanced understanding of IT auditing, IT governance frameworks (ex. COBIT, ITIL, etc.) depending upon assigned audit area

• Excellent verbal and written communication skills with the ability to communicate effectively with all audiences and persuade other to adopt alternate points of view or take action

• Ability to work well and effectively on a team as well as independently with limited supervision

• Ability to stay organized and manage to deadline with a sense of urgency to meet agreed on milestones

• Ability to thrive in a fast-paced, dynamic environment with changing priorities and demonstrate adaptability and flexibility

• Ability to interact independently with business management and external auditors on a regular basis

• Ability to demonstrate a thorough understanding of complex technical and auditing concepts and apply those to audits

• Ability to proactively interact with key management to gather information, resolve audit-related problems, and make recommendations for business and process improvements

• Foster an efficient, innovative and team-oriented work environment

Education and Experience:

• Typically requires 10-15 years of progressive audit experience or the equivalent combination of education and experience

• Supervisory experience including coaching and development of a more junior staff

Other Requirements:

• CPA, CISA, CIA, CFE or other relevant professional accreditation may be required

• Some "Big 4" accounting firm experience preferred

• Industry knowledge a plus (Pharma; Biotech)

• Ability to travel 10-20%

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