Socotra, Inc.
Head of Internal Audit
Socotra, Inc., San Francisco, California, United States, 94199
At Lyft, our mission is to improve people’s lives with the world’s best transportation. To do this, we start with our own community by creating an open, inclusive, and diverse organization.
We are seeking an experienced and dynamic Head of Internal Audit to lead our internal audit function. This role will report to the CFO and the Chair of Lyft’s Audit Committee and will partner closely with senior leaders across the company. They will be responsible for overseeing the internal audit team, developing and executing internal audit strategy, and maintaining a vibrant Enterprise Risk Management Framework that helps us manage risks in a structured and effective manner, which will support long-term business success.
Responsibilities:
Identify and assess key risks and controls within the organization, and refine the comprehensive internal audit strategy to address them.
Lead the company's Enterprise Risk Committee process, which helps the company’s leadership identify and evaluate the company’s top risks.
Co-develop a periodic risk-based internal audit plan based on the company’s strategic risks and objectives for Audit Committee approval, monitor internal audit’s progress against the internal audit plan, and provide regular updates and reports to the Audit Committee and senior management on the status of internal audit activities and key findings.
Conduct internal audits by overseeing the planning, execution, and reporting of audits, ensuring they are conducted in accordance with professional standards and timelines.
Collaborate with other departments to identify and assess emerging risks and develop strategies to mitigate them.
Build and maintain strong relationships with key stakeholders, including senior management, the Audit Committee, external auditors, and regulatory authorities.
Work with the Audit Committee Chair and CFO to drive the agenda setting and preparation processes for the quarterly Audit, Risk and Compliance Committee meetings.
Provide advisory and assurance services to management and the Audit Committee over other financial, technology, security operations and compliance processes.
Partner with other compliance and risk management functions to enhance governance, risk management and compliance in a fast-paced but highly regulated environment.
Design and implement best-in-class internal audit practices and policies and procedures in accordance with professional standards and aligned to the company’s maturity.
Prepare executive-level presentations and reporting, as well as practical recommendations linked to company priorities.
Oversee the development and operations of the Internal Audit team, including leading, mentoring, and development.
Establish departmental practices that align with The Institute of Internal Audit’s (IIA’s) International Professional Practices Framework (IPPF).
Build and leverage a network of peers at other companies to stay abreast of leading practices.
Build and maintain a bench of consultancies that bring needed skills to support department activities.
Prioritize and oversee overall departmental hours (capacity) for optimum utilization.
Work closely with external auditors regarding matters related to internal controls over financial reporting (ICFR).
Work closely with the Legal department regarding ethics, risk and regulatory matters.
Experience:
Bachelor’s degree in Finance, Accounting, Economics, IT or other relevant fields; advanced degree a plus.
At least one relevant professional certification (CPA, CIA, CISA, CISSP, Chartered Accountant, etc.).
15+ years experience in audit or compliance-related roles; significant leadership over an internal audit function desirable.
6+ years in a Sox-compliant environment performing assessments of financial controls, IT/technology controls, or other related experience.
Strong knowledge of internal audit standards, risk management, and governance practices.
Experience working in a technology platform company or in dynamic industries with significant regulatory requirements (e.g., financial services or healthcare technology) is a differentiator.
Proven track record of building and growing high-performing, engaged teams.
Exceptional analytical and problem-solving skills.
Exceptional interpersonal and communication skills.
Demonstrated ability to champion change management and influence diverse groups of stakeholders.
Ability to work effectively with senior management and the board of directors.
Benefits:
Great medical, dental, and vision insurance options.
Mental health benefits.
Family building benefits.
In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off.
401(k) plan to help save for your future.
18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible.
Pre-tax commuter benefits.
Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program.
Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
This role will be in the San Francisco office on a hybrid schedule — Team Members will be expected to work in the office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year. #Hybrid
The expected base pay range for this position in the San Francisco Bay area is $212,000 - $265,000. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.
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We are seeking an experienced and dynamic Head of Internal Audit to lead our internal audit function. This role will report to the CFO and the Chair of Lyft’s Audit Committee and will partner closely with senior leaders across the company. They will be responsible for overseeing the internal audit team, developing and executing internal audit strategy, and maintaining a vibrant Enterprise Risk Management Framework that helps us manage risks in a structured and effective manner, which will support long-term business success.
Responsibilities:
Identify and assess key risks and controls within the organization, and refine the comprehensive internal audit strategy to address them.
Lead the company's Enterprise Risk Committee process, which helps the company’s leadership identify and evaluate the company’s top risks.
Co-develop a periodic risk-based internal audit plan based on the company’s strategic risks and objectives for Audit Committee approval, monitor internal audit’s progress against the internal audit plan, and provide regular updates and reports to the Audit Committee and senior management on the status of internal audit activities and key findings.
Conduct internal audits by overseeing the planning, execution, and reporting of audits, ensuring they are conducted in accordance with professional standards and timelines.
Collaborate with other departments to identify and assess emerging risks and develop strategies to mitigate them.
Build and maintain strong relationships with key stakeholders, including senior management, the Audit Committee, external auditors, and regulatory authorities.
Work with the Audit Committee Chair and CFO to drive the agenda setting and preparation processes for the quarterly Audit, Risk and Compliance Committee meetings.
Provide advisory and assurance services to management and the Audit Committee over other financial, technology, security operations and compliance processes.
Partner with other compliance and risk management functions to enhance governance, risk management and compliance in a fast-paced but highly regulated environment.
Design and implement best-in-class internal audit practices and policies and procedures in accordance with professional standards and aligned to the company’s maturity.
Prepare executive-level presentations and reporting, as well as practical recommendations linked to company priorities.
Oversee the development and operations of the Internal Audit team, including leading, mentoring, and development.
Establish departmental practices that align with The Institute of Internal Audit’s (IIA’s) International Professional Practices Framework (IPPF).
Build and leverage a network of peers at other companies to stay abreast of leading practices.
Build and maintain a bench of consultancies that bring needed skills to support department activities.
Prioritize and oversee overall departmental hours (capacity) for optimum utilization.
Work closely with external auditors regarding matters related to internal controls over financial reporting (ICFR).
Work closely with the Legal department regarding ethics, risk and regulatory matters.
Experience:
Bachelor’s degree in Finance, Accounting, Economics, IT or other relevant fields; advanced degree a plus.
At least one relevant professional certification (CPA, CIA, CISA, CISSP, Chartered Accountant, etc.).
15+ years experience in audit or compliance-related roles; significant leadership over an internal audit function desirable.
6+ years in a Sox-compliant environment performing assessments of financial controls, IT/technology controls, or other related experience.
Strong knowledge of internal audit standards, risk management, and governance practices.
Experience working in a technology platform company or in dynamic industries with significant regulatory requirements (e.g., financial services or healthcare technology) is a differentiator.
Proven track record of building and growing high-performing, engaged teams.
Exceptional analytical and problem-solving skills.
Exceptional interpersonal and communication skills.
Demonstrated ability to champion change management and influence diverse groups of stakeholders.
Ability to work effectively with senior management and the board of directors.
Benefits:
Great medical, dental, and vision insurance options.
Mental health benefits.
Family building benefits.
In addition to 12 observed holidays, salaried team members have unlimited paid time off, hourly team members have 15 days paid time off.
401(k) plan to help save for your future.
18 weeks of paid parental leave. Biological, adoptive, and foster parents are all eligible.
Pre-tax commuter benefits.
Lyft Pink - Lyft team members get an exclusive opportunity to test new benefits of our Ridership Program.
Lyft is an equal opportunity/affirmative action employer committed to an inclusive and diverse workplace. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status or any other basis prohibited by law. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
This role will be in the San Francisco office on a hybrid schedule — Team Members will be expected to work in the office 3 days per week on Mondays, Thursdays and a team-specific third day. Additionally, hybrid roles have the flexibility to work from anywhere for up to 4 weeks per year. #Hybrid
The expected base pay range for this position in the San Francisco Bay area is $212,000 - $265,000. Salary ranges are dependent on a variety of factors, including qualifications, experience and geographic location. Range is not inclusive of potential equity offering, bonus or benefits. Your recruiter can share more information about the salary range specific to your working location and other factors during the hiring process.
#J-18808-Ljbffr