Compliance Manager – 2019
Power Integrations has an employment opportunity for a Compliance Manager who will be responsible for the management of the company’s internal audit and SOX programs. The candidate should be comfortable interacting with all levels of management, outside auditors and external consultants and should be able to work independently and as a team member. This position reports to the Corporate Controller.
Internal Audit & Compliance Program
Develop and lead internal audit programs and prepare internal audit reports.
Perform audits of operational business processes including sales commissions, distributor audits, and other projects as identified by management.
Track, monitor, and validate closure of audit observations. Actively participate, and add value in the assessing the effectiveness of management’s response and corrective actions implemented.
Contribute to department and company special projects and perform independent and objective analysis to support management with the decision-making process.
Assist external auditors in conducting interim and year-end audit procedures.
Plan, execute and manage the Sarbanes-Oxley (SOX) program. Prepare annual risk assessment and audit plan, maintain SOX related documents, manage and review the work of external SOX consultants, and communicate results of the audit to management.
Facilitate and maintain active communication channels with management, business process owners, IT and external auditors so all parties are in agreement with the audit requirements and properly informed throughout the SOX audit.
Communicate with and educate finance and non-finance personnel on internal controls, company policies, and reporting requirements.
Help identify performance improvement opportunities, gaps, or conflicts in existing processes and develop scalable solutions.
As necessary, evaluate and assess impact of control deficiencies and identify and execute remediation plans to address control deficiencies with process owners.
Preferred Qualifications and Experience:
Five to seven years of experience in a corporate accounting organization, preferably in a fast pace environment.
Minimum of 3 years direct experience with SOX reporting.
CPA with 3+ years of public accounting experience in a Big 4 environment.
Understanding of US GAAP, Sarbanes-Oxley Act, PCAOB standards and COSO.
Excellent verbal and written communication and presentation skills.
Strong management and interpersonal skills to lead and motivate teams.
An individual who looks for opportunities to drive continuous improvement throughout the organization.