Internal Audit Manager

Company: First Watch Restaurants, Inc.
Location: Bradenton
Posted on: May 22, 2023

Job Description:

Overview:The Financial Controls Audit Manager provides a key role in the internal audit function and is primarily responsible for leading the execution of the annual SOX audit plan including but not limited to the review, testing, analysis, evaluation, and conclusion over the design and operating effectiveness of the Company's internal controls over financial reporting. This position will also be responsible for identifying and facilitating the implementation of process improvements and the reporting of all findings, deficiencies, and remediation plans. This position is expected to be hands-on in all aspects of project planning and execution of SOX activities to ensure business risks are anticipated, identified, recognized, and appropriately managed. This position interacts with mid-to-senior level management to discuss audit findings and recommendations intended to improve business practices.Responsibilities:The essential functions in this job description are not all-inclusive of this position's duties and responsibilities.Work independently, within a team, or lead a team in the planning and execution of the day-to-day Sarbanes-Oxley (SOX) compliance efforts.Perform the annual SOX risk assessment and determine in-scope controls for testing.Evaluate internal controls at the entity level utilizing the COSO 2013 framework.Manage process owners in maintaining and updating the process narratives/flowcharts as well as ensuring the appropriate / sufficient evidence of controls.Manage internal control walkthroughs and test plans. Ensure walkthroughs and test plans are executed within the agreed-upon timeline, and that any issues are appropriately identified, documented, concluded upon, and fully supported.Ensure audit conclusions are based upon a complete understanding of the process, ITGCs, application controls, circumstances, and risk to the organization.Lead sessions to discuss testing procedures, progress updates, and findings with Internal Audit leadership and process owners. Partner with the process owners to develop remediation plans to address internal control deficiencies and failures arising from the testing process. Follow up on deficiencies to assess the adequacy of corrective actions.Supervise staff and/or consultants assigned to SOX audit engagements and provide leadership, guidance and direction for all areas that are associated with the audit project deliverables. Communicate assigned tasks to the engagement team in a manner that is clear and concise, ensuring high quality, accurate, and efficient audit results.Build effective relationships with process owners and senior management to stay abreast of activities within the Company's operations for consideration in risk assessment exercises and audit planning activities.Collaborate and coordinate with the external auditor on the SOX strategy and testing to optimize reliance opportunities.Educate management and process owners by leading training sessions to demonstrate compliance requirements and share hot topics in SOX compliance.Assist with the development of the annual audit plan, including the on-going identification and assessment of the Company's key risks.Identify and implement ideas for improving department processes and procedures.Maintain up-to-date knowledge of relevant accounting and internal audit guidance, methodologies and frameworks (e.g., Sarbanes-Oxley Act of 2002 and PCAOB Audit Standards, GAAP, COSO, IPPF) utilizing self-study and/or continuing education.Lead and support other internal audit related projects as assigned.Qualifications:CPA or CIABachelor's Degree with a concentration in Accounting/FinanceMinimum 5 years of progressive accounting/auditing experience, including supervisory experienceComprehensive understanding of internal auditing, Sarbanes Oxley, PCAOB standards, COSO Framework, and GAAPPublic accounting (audit) experienceExposure to auditing ITGCs and application controlsAble to document and analyze business processesExperience with external auditorsStrong computer skills (Great Plains, Excel, Outlook, Adobe Acrobat Pro, etc.)Who We Are:First Watch is an award-winning Daytime Dining concept serving made-to-order breakfast, brunch and lunch using fresh ingredients. A recipient of hundreds of local "Best Breakfast" and "Best Brunch" accolades, First Watch's chef-driven menu includes elevated executions of classic favorites along with First Watch specialties such as the protein-packed Quinoa Power Bowl , Farm Stand Breakfast Tacos, Avocado Toast, Chickichanga, Morning Meditation (juiced in-house daily), Spiked Lavender Lemonade and its signature Million Dollar Bacon. In 2023, First Watch was named the top restaurant brand in Yelp's inaugural list of the 50 most loved brands in the U.S and recognized as a Customer Experience All-Star by Forbes. In 2022, First Watch was awarded a sought-after MenuMasters honor by Nation's Restaurant News for its seasonal Braised Short Rib Omelet, recognized with ADP's coveted Culture at Work Award and named a Most Loved Workplace in Newsweek by the Best Practice Institute. In 2021, First Watch was recognized as FSR Magazine's Best Menu and as the fastest-growing full-service restaurant chain based on unit growth. There are more than 480 First Watch restaurants in 29 states, and the restaurant concept is majority owned by Advent International, one of the world's largest private-equity firms. For more information, visit .First Watch is an equal opportunity employer. In compliance with the Americans with Disabilities Act, First Watch will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

Keywords: First Watch Restaurants, Inc., Bradenton , Internal Audit Manager, Accounting, Auditing , Bradenton, Florida