We are seeking an IT SOX Auditor to join our Risk, Internal Audit and SOX Compliance team. This is an exciting opportunity for someone to lead and shape our IT audit as we are looking to transition some IT testing away from our external co-source partner and bring this in-house.
The successful candidate will be responsible for:
Ensuring ongoing compliance with the requirements of SOX across Formula 1, with a specialism in IT processes
Supporting our Enterprise Risk Management programme by assisting in developing/maintaining risk registers and ongoing assessment processes
Performance of Internal Audit reviews to provide independent assurance that the business’ risk management, governance and internal control processes are operating effectively
Main Duties and Responsibilities
IT Scoping: Conduct annual scoping exercises to determine the SOX scope of IT applications and tools
Control Evaluation: Test the design and operational effectiveness of IT controls. Assist with the testing of other non-IT SOX controls as necessary.
Control findings: Prepare detailed audit documentation and reports, highlighting findings and recommendations. Lead root cause analysis assessments to identify causes of deficiencies and provide solutions to problems identified. Support the business with remediation activities.
Continuous Improvement: Stay updated with emerging technologies and best practices in IT auditing and compliance. Be confident in giving an opinion and driving change where processes can be improved.
Collaboration: Work closely with IT, Cyber Security and business teams to ensure compliance with SOX and other regulatory requirements.
Project Management: Work with our co-source partner to run a seamless IT audit, including the transition of certain controls in-house. Manage the relationship with the IT external auditors to ensure a smooth audit process.
Risk Assessment: Identify and evaluate IT-related risks and recommend mitigation strategies. Support on wider operational risk assessments.
Conduct other IA Audits: Support on other IA work, which could have an IT focus e.g. ISO 27001, or could be more operational in nature.
Training: Providing SOX training, with an IT focus, to members of the business as needed
The primary location of this role will be our St James Market office in London with occasional travel to our Media and Technology Centre in Biggin Hill.
Key Relationships:
Direct reporting to Head of Risk, Internal Audit and SOX Compliance of Formula 1
Frequent interactions with IT control owners
Working alongside and assisting with the requirements of the External Audit
Managing relationships of and working alongside our Co-Source Internal Audit Partner
Regular interaction with other business areas as part of risk management and IA projects
Knowledge & Skills:
Educated to degree level or equivalent
Preferably a qualified accountant, CIA or equivalent IT qualification
Experience of working in an Audit setting – External or Internal Audit
Experience of PCAOB audits or working for a FPI or US Listed Company
Experience of IT General Controls and IT audits is essential
Experience of working with Microsoft Dynamics, AD and Cloud environments is preferable
Experience of Risk Management would be beneficial
Strong project management skills
Exceptional communication skills (written and verbal)
Excellent and insightful analytical skills.
Experience of SQL, Synapse, data querying
Excellent business acumen (e.g., knowledge of business drivers, findings solutions and knowledge of accounting, finance, and other business areas)
Proficient with the use of Microsoft Office, including Excel
Knowledge of relevant compliance regulations – PCI-DSS, GDPR, SOX, ISO 27001 standards
Ability to work with a high level of integrity and confidentiality
Division:
Corporate
For more detail, salary and company information, use the apply link
