What are the responsibilities and job description for the Senior Internal Auditor position at Calumet?
Who are we?
At Calumet we deliver innovative specialty products trusted by companies across the globe. We are the foundation to everyday essential products that help millions of people live and thrive. We are headquartered in Indianapolis and have numerous production locations in the US. We are customer focused and utilize our values of collaboration and entrepreneurship to grow the business. We offer a dynamic, high-performance environment where team members can have real input and impact on our business. If you’re ready to roll up your sleeves, treat the business as if it is your own and add value accordingly, come see why we’re Calumet Proud!
PURPOSE:
The Calumet Internal Audit team is focused on growing our capabilities for overall Sarbanes-Oxley (SOX) compliance while also moving into emerging risk areas for the Company. Our mission is to assist Calumet in achieving its objectives by implementing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control, and governance processes.
The Senior Internal Auditor’s primary responsibility is to design, execute, and perform financial SOX audits to evaluate the adequacy and effectiveness of Calumet’s internal control over financial reporting (ICFR). Additionally, the Senior Internal Auditor is responsible for executing and performing financial compliance audits, coordinating with the external auditors, completing special audit projects, and preparing materials for the Director of Internal Audit. This includes identifying emerging risk areas and assessing the overall audit universe for input into the annual audit risk assessment process.
The emphasis of this position is on financial controls, but may assist in other audits involving privacy, information technology, anti-corruption, information security, and governance, and may also assist in conducting assessments and investigations as needed. The Senior Internal Auditor will report to the Director of Internal Audit and Corporate Compliance.
KEY OBJECTIVES AND RESPONSIBILITIES:
At Calumet we deliver innovative specialty products trusted by companies across the globe. We are the foundation to everyday essential products that help millions of people live and thrive. We are headquartered in Indianapolis and have numerous production locations in the US. We are customer focused and utilize our values of collaboration and entrepreneurship to grow the business. We offer a dynamic, high-performance environment where team members can have real input and impact on our business. If you’re ready to roll up your sleeves, treat the business as if it is your own and add value accordingly, come see why we’re Calumet Proud!
PURPOSE:
The Calumet Internal Audit team is focused on growing our capabilities for overall Sarbanes-Oxley (SOX) compliance while also moving into emerging risk areas for the Company. Our mission is to assist Calumet in achieving its objectives by implementing a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s risk management, control, and governance processes.
The Senior Internal Auditor’s primary responsibility is to design, execute, and perform financial SOX audits to evaluate the adequacy and effectiveness of Calumet’s internal control over financial reporting (ICFR). Additionally, the Senior Internal Auditor is responsible for executing and performing financial compliance audits, coordinating with the external auditors, completing special audit projects, and preparing materials for the Director of Internal Audit. This includes identifying emerging risk areas and assessing the overall audit universe for input into the annual audit risk assessment process.
The emphasis of this position is on financial controls, but may assist in other audits involving privacy, information technology, anti-corruption, information security, and governance, and may also assist in conducting assessments and investigations as needed. The Senior Internal Auditor will report to the Director of Internal Audit and Corporate Compliance.
KEY OBJECTIVES AND RESPONSIBILITIES:
- Evaluate SOX process and control design to determine appropriate risk mitigation.
- Assist in annual SOX scoping activities.
- Walk through and test key SOX control activities, partnering with the external auditors for overall efficiency.
- Communicate issues and summary of test results to location leadership and assist in the development of remediation plans.
- Monitor changes to people, processes, and technology to ensure internal controls are maintained and working properly
- Partner with Calumet personnel in identifying other key risks and auditing related processes and controls.
- Improve internal audit processes using input from key stakeholders, internal policies and procedures, and external guidance.
- Implement and adhere to Institute of Internal Auditor (IIA) Standards.
- Implement and automate resilient internal audit processes using technology (e.g., analytics, automation, AI). Identify trends to surface systemic risks and insights to key business partners.
- Understand critical or unmet needs by actively engaging in dialogue with auditees, management, audit team members, and business partners.
- Contribute to an atmosphere of teamwork and continual learning.
- Bachelor’s degree in Accounting, Finance, or related field/equivalent work experience
- 3 years of prior internal or external audit experience demonstrating a thorough knowledge in internal control concepts
- Familiarity with US GAAP
- Knowledgeable in various aspects of auditing and accounting, including familiarity with the COSO framework, IIA Standards, US GAAP, PCAOB Standards, and Sarbanes-Oxley requirements
- Ability to travel domestically (less than 10%)
- Certified Public Accountant, Chartered Account, or equivalent
- Working towards or have obtained a relevant certification (e.g., CIA, CFE)
- Experience with data analytics and process automation
- Experience in a manufacturing environment
- Experience with SAP and OneStream
- Demonstration of Calumet Values – Safety, Environment & Social Responsibility, Teamwork, Ownership, Passion for Customers, and Excellence
- Strong learning agility and demonstrated critical thinking skills
- Excellent communication (verbal & written), interpersonal, and influencing skills
- Interest in learning technologies for use in data analytics and automation
- Ability and willingness to work both independently and within a team environment
- Ability to interact with all levels of management