Senior Manager, Internal Audit

Requisition ID: 66896

Date: Aug 21, 2024

Location:

Exton, Pennsylvania, US

Department: Finance

Description:

Who We Are:

At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?

There’s no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.

Job Summary:

In this role, you will work directly under the supervision of the head of Internal Audit and help to manage internal audit activities. These responsibilities include assisting with conducting an annual risk assessment, setting and executing the annual internal audit plan, working with the external auditors and other experts on specific audit requirements, advising Management on improving internal control, reducing risk, and special projects. The role will oversee 3-5 team members and be responsible for complying with the Company’s Internal Audit charter. You will work on a variety of risk areas including Enterprise Risk Management, ESG reporting, Cyber security, etc. We are seeking someone with a strong understanding of IT systems, financial risk, and compliance.

Essential Duties and Responsibilities:

• Assist the head of internal audit in planning and managing the internal audit team.

• Assist the head of internal audit in the development and execution of annual risk assessments and audit plans.

• Coordinate and administer assignments, monitor audit team progress, and manage budgets and schedules.

• Establish audit approach, policies and procedures in line with regulatory and external audit requirements to guide the internal audit staff and facilitate consistent, high-quality outcomes and deliverables.

• Define audit procedures, identify and define issues, develop criteria, review and analyze evidence, and document processes, procedures, and recommendations using independent judgment.

• Comply with the Institute of Internal Auditors (IIA) standards.

• Prepare and or review, finalize and deliver audit reports; communicate audit findings and develop recommendations.

• Track results of audits, identify audit themes across organizations and advise on appropriate corrective actions.

• Periodically report on significant audit issues to Executive Management and the Audit Committee.

• Coordinate with Management and external auditor to ensure the company’s internal controls over financial reporting are designed appropriately and operate effectively.

• Consult on key IT projects and initiatives as needed to ensure the implementation of best practices and necessary internal controls.

• Work in partnership with Management to strengthen the governance, risk and control environments of the organization by anticipating issues, providing advice and sharing audit knowledge and best practices.

• Coordinate with the external auditors with regard to the audit approach and timeline and to incorporate new guidance and expectations.

• Communicate team and organizational objectives; motivate team members to achieve results.

• Share knowledge and develop staff capabilities to strengthen understanding of business and regulatory issues and audit best practices.

• Provide professional development opportunities for self and others, including external and internal training and professional association memberships.

Basic Qualifications:

• Bachelor’s degree in Finance or Accounting or equivalent experience; CPA, CIA or CISA required

• At least 10 years of public accounting and/or IT internal auditing experience strongly preferred; multi-national experience a plus;

Preferred Knowledge, Skills and Abilities:

• Exemplary executive presence and sophistication to appropriately command the room

• Innovative, inquisitive, challenges status quo, thinks outside the box

• Independent - must be an intrinsically independent corporate executive

• Knowledge of IT policies, laws, standards and frameworks applicable to the specific technical role

• Strong knowledge of IT risk, security architecture design, network security, cloud/mobile security, data security and internal/external threat intelligence/analysis.

• Cultural alignment - unwavering ethical standards; drives excellence and innately collaborative, strong influencing skills backed up by willingness to get “tough” when necessary

• Operational “heft” - comfort and experience with complex, large and heavily matrixed organizations

• Strategic and critical thinking, exhibiting high levels of insights and intellectual curiosity

• Technology and Digital savviness – ability to recognize and act on evolving technology trends impacting the business

• Able to be aware of all relevant SOPs as per Company policy as they are related to the position covered by this Job Description

• Experience leading and managing large scale initiatives and managing associated change

• Exposure to complexities in accounting and finance business processes

• Understanding of emerging risk management concepts and control models like COSO

• Understanding of information technology and its implications for business commerce and managing and controlling business operations

• Extensive experience working collaboratively with teams and wide range of stakeholders

• Able to comply with the company’s safety and quality policies at all times

Travel Requirements:

• Must be able to travel up to 25% of the time, including internationally

Physical & Mental Requirements:

• Sedentary - exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to life, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met

• Position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. May need to stand or sit for extended periods of time

• While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger and reach with hands and arms

• Use written and oral communication skills

• Read and interpret data, information and documents

• Must maintain the ability to work well with others in a variety of situations

• Must be able to multi-task, work under time constraints, problem solve, and prioritize

• Ability to make independent and sound judgments

• Observe and interpret situations, analyze and solve problems

• Able to be aware of all relevant SOPs as per Company policy as they are related to the position covered by this Job Description

#LI-NJ1

West embraces diversity and equality of opportunity. We foster an environment where all individuals are safe, treated fairly, valued and respected. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, disability status or other applicable legally protected characteristics. Where permitted by law, employment with West Pharmaceutical Services, Inc. or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of post-offer background screening and/or drug screening.