Corporate Audit Manager

Full Time
Elgin, IL 60120
Posted
Job description

Middleby Corporation is a fast-growing and profitable global manufacturer of commercial foodservice, food processing and residential cooking equipment with approximately $3 billion in revenue headquartered in Elgin, IL. Sales of the company’s products are marketed under 80+ different brands. The company has 55+ manufacturing operations (including 20+ international) and 10 international distribution offices. Middleby has grown from approximately $100 million in revenues since 2001 and was named a Fortune Magazine’s Fastest Growing Company in 2014 and 2015. Forbes included Middleby in their list of the World's Best Employers for 2021.

Middleby Corporation offers many interesting career opportunities, all of which encourage growth and development and contribute to the success of the company. The development and promotion of talent is a high priority at Middleby.

Middleby Corporation has a great opportunity for a Corporate Audit Manager to join our Team!

The Corporate Audit Manager will be a key member of the audit team. This position will plan and execute various financial, compliance, and operational audits in accordance with accepted professional standards in order to determine compliance with company policies and procedures and adherence to applicable laws and regulations. Additionally, this position will have oversight for the IT audit function, which is outsourced to KPMG.

The Middleby audit team works closely with management at the various locations as a partner. Although our focus is on compliance and controls, we bring a unique perspective to the divisions since we are in the position to bring best practices from other divisions and share those with our Controllers and accounting teams to assist them in implementing recommended controls in an efficient way. Additionally, Middleby frequently acquires new companies and internal audit is a key player in assisting those divisions as they adopt our corporate guidelines.

Role Responsibilities:

  • Travel to division locations to evaluate the adequacy and effectiveness of internal controls, particularly those related to financial reporting.
  • Perform specific audit procedures and prepare work papers documenting the audit procedures performed.
  • Identify potential control deficiencies, develop methods to quantify the exposure, and assist in developing remediation plans.
  • Supervise audit teams, review the work of junior team members, and provide mentoring.
  • Manage the KPMG IT audit relationship, including analysis and remediation of identified deficiencies.
  • Prepare written reports detailing the audit findings, including recommendations for remediation.
  • Discuss findings with management and finalize the remediation plan.
  • Execute Sarbanes-Oxley compliance testing and process documentation.
  • Communicate with the external audit team to ensure smooth integration of the audit processes.
  • Transfer IT audit controls within the Assurance team and provide timely updates on KPMGs progress.

Requirements:

  • Requires a bachelor's degree in accounting.
  • Minimum of six years of experience in audit with a combination of financial and IT controls experience.
  • Experience with Sarbanes Oxley and internal control concepts.
  • Ability and willingness to travel 30% of time including US and international travel.
  • Experience with and strong understanding of US GAAP.
  • Strong verbal and written communication skills.
  • Manufacturing experience preferred.

If this excites you, then Middleby Corporation is where you’ll want to continue your career!

Middleby Corporation is an Equal Employment Opportunity (EOE/M/F/Vets/Disabled) employer and welcomes all qualified applicants.

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