Sr. Director Internal Audit

Profile

Sr. Director, Internal Audit

Date: May 7, 2023

Location: Baltimore, MD, US, 21230

Company: Under Armour

Under Armour has one mission: to make you better. We have a commitment to innovation that lies at the heart of everything we do, not just for our athletes but also for our teammates. As a global organization, our teams around the world push boundaries and think beyond what is expected. Together our teammates are unified by our values and are grounded in our vision to inspire you with performance solutions you never knew you needed but can’t imagine living without.

Position Summary

The Senior Director of Internal Audit serves as Under Armour’s Chief Audit Executive. This teammate is responsible for overseeing the auditing of accounting, financial, and operational process of various entities and/or departments of Under Armour, while continuing to develop our high-performing team of professionals. The goal of the team/CAE is to provide the Audit Committee of the Board of Directors with information necessary to fulfill its responsibilities. This is accomplished through the execution of the audit plan, tracking of management action plans, completion of investigations related to fraud and internal controls, and testing of SOX/financial controls. The nature of the role allows for exposure to many different business areas and regions within Under Armour.

This role will have dual reporting to both the CFO and to the Chairman of the Audit Committee and will work closely with a wide range of internal and external partners, including UA teammates and external auditors.

Essential Duties & Responsibilities

Lead Internal Audit's annual risk assessment and planning process to develop the audit plan and ensure the plan is responsive to and aligned with the risk profile of the organization

Establish and lead the risk-based annual audit plan and oversee the independent review and evaluation of financial and operational controls globally throughout UA; this includes but is not limited to: all SOX audits, operational audits, financial audits, technology audits, investigations, and other internal audits of processes or departments as needed

Issue all Internal Audit reports ensuring the reports are clear, concise, identify root causes with practical action plans, and ultimately provide value to management

Meet with the Audit Committee to report the status of Internal Audit's ongoing monitoring activities and inform the committee of emerging risks and/or exposures that should be considered

Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and/or governance requiring attention

Manage the process to track, follow-up, and close open audit plans/issues leveraging the Audit Committee, if necessary

Participate in senior management meetings to ensure that Internal Audit is well-informed of key business and technology developments that could have an impact on audit priorities and/or plans

Partner with management to proactively identify emerging trends and best practices around internal controls and risk management, constantly considering ways to improve company efficiency and profitability

Attract, hire, and retain a team of high-performing audit professionals who possess outstanding knowledge, experience, ethics, and integrity

Inspire the continued development of the team, ensuring appropriate growth of each team member, while fostering a spirit of continuous improvement and best practices

Develop and oversee the department budget and related expenditures to ensure activities are appropriately funded, coordinated, and managed to accomplish the audit plan, balancing cost savings measures with the needs of the organization

Assist Senior and Executive leadership in facilitating risk management activities and special projects across the organization

Qualifications (Knowledge, Skills & Abilities)

Strong knowledge of current auditing standards, US GAAP/non-GAAP standards and reporting, AICPA, and PCAOB auditing standards, and Sarbanes-Oxley

Knowledge of operational and business processes, ERP systems (preferably SAP) and/or other financial applications

Ability to communicate issues clearly to both executive management and the Audit Committee

High ethical standards, expert judgment, and strong business acumen to lead to sound, timely and thorough results, and recommendations

Proven ability to lead a team of auditors and influence leaders across functions and businesses

Education And / Or Experience

Bachelor’s degree in Accounting, Business, Finance or related field

15 years of internal/external audit, internal controls/SOX, and global finance experience

Public Company Board of Directors exposure; experience preparing and presenting Audit Committee updates

Audit and/or internal audit experience with global companies preferred

Retail and/or Consumer Packaged Goods (CPG) industry experience preferred

Other Requirements

Location: This individual must reside within commuting distance from our global headquarters in Baltimore, MD

Work-Life Integration (WLI) Designation: Three (3) days a week in-office, the remainder of work week remote at home

Travel: Up to 20% annually, domestic and international

Certifications: Certified Internal Audit (CIA) or Certified Public Accountant (CPA) preferred

Relocation & Salary

Relocation provided

Base salary range: $189,069.00 - $259,969.60

Most new hires fall within this range and have the opportunity to earn more over time. Initial placement within the salary range, however, is based on an individual’s relevant knowledge, skills and experience for the position. UA is committed to helping our teammates succeed and advance in their careers. Base salary is only one component of our competitive Total Rewards package.

#LI-SM3

#LI-Hybrid

At Under Armour, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy (including childbirth, lactation and related medical conditions), national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information (including characteristics and testing), military and veteran status, and any other characteristic protected by applicable law. Under Armour believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Company info

Under Armour, Inc.
Website : http://www.underarmour.com