UDR, Inc. is now hiring a Senior Manager - Internal Audit to join our team at our corporate office in Highlands Ranch.
GENERAL SUMMARY OF DUTIES: Provide a full range of financial, compliance, information technology, and operational audits, business advisory, internal control structures, accountability, and use of resources. Responsible for the planning, execution, and review of staff annual Sarbanes-Oxley (SOX) walkthroughs and tests of controls. Work is performed within policies including Local, State and Federal law and administrative regulations with wide latitude for the exercise of independent judgment and subject to periodic review based on results achieved.
SUPERVISION RECEIVED: Reports directly to the Director – Internal Audit
SUPERVISION EXERCISED: Internal Auditor(s) and Senior Internal Auditor(s) as assigned
- Implement and manage an Annual Internal Audit Plan that provides for a comprehensive and objective review of compliance with Company standard operating policies and procedures. Plan shall address the integration of financial, compliance (including Sarbanes-Oxley), operational and systems internal audits using a risk-based approach that is aligned with the Company's Enterprise Risk Management function.
- Prepare detailed audit reports that identify patterns, trends, or areas of risk, loss and operational vulnerability, and work with the Company's management team to develop and implement programs and systems that prevent or minimize risk.
- Prepare detailed audit reports or memos that identify non-compliance with internal controls related to accounting policies and procedures and financial reporting including disclosure controls specific to Sarbanes-Oxley.
- Assess changes in technology/workflows for effect on design of existing internal controls, segregation of duties, and protection of personally identifiable information.
- Assess, manage and optimize information technology risk across a wide range of areas, including cybersecurity, IT strategy and governance, IT regulatory and compliance requirements, and business continuity
- Work with IT to execute audit and compliance projects, including evaluation of user security controls, user ID administration, and general data access administration.
- Manage interim and annual recurring external audit procedures on-behalf of the external auditors.
- Conduct investigative audits related to specific issues including, but not limited to, fraud detection and risk assessment at existing communities as directed by the management team or when irregularities are discovered.
- Identify areas for process improvement including the use of robotic process automation to increase efficiencies, reduce costs, and increase compliance.
- Analyze historical data to assess maximum loss scenarios, identify loss causes, and track trends. Develop recommendations based on findings, prepare and present reports that summarize audit findings, identify areas of operational strength and deficiencies, and recommend corrective actions as needed to ensure operational compliance.
- Conduct follow-up audit procedures to determine if recommended corrective action was implemented and assist management as needed to prevent the development of recurring operational or procedural issues.
- Analyze audit and other reports to identify patterns or trends occurring throughout the Company to differentiate between isolated and prevailing problems and communicate a sense of urgency to ensure that significant issues receive the appropriate level of managerial attention.
- Assist in the due diligence process for proposed acquisitions and/or dispositions, investigate specific issues or concerns on a community-by-community basis, and complete other special projects as directed or requested by operational, corporate, or executive management.
- Document policies and procedures and assess adherence and compliance with those policies and procedures.
- Evaluate and examine policies, procedures, and systems in place at communities to protect assets.
- Review compliance with policies, procedures, and Local, State and Federal laws and regulations.
- Assist individuals who perform operational and financial activities with risk assessments and action plans in their functional areas to heighten awareness of major exposures, loss potential, and/or transaction anomalies and facilitate discussions of practical way to manage and/or avoid them.
- Hire and train new staff and develop staff to maximize potential.
- Supervise direct reporting staff in accordance with overall Company policy.
- Monitor staff performance including performance reviews and address performance problems through corrective action and dismissal.
- Approve time records, requests for time off and expense report submissions.
- Assist direct reporting staff to address and resolve concerns or complaints involving job duties and job descriptions, performance standards, relations with coworkers, relations with supervisors and managers.
- Perform other duties as assigned or as necessary.
- Knowledge of Generally Accepted Accounting Principles (GAAP) and/or Public Company Accounting Oversight Board (PCAOB) Standards. Knowledge and understanding of business research principles, processes, and techniques. Knowledge of fiscal management and office management techniques. Ability to apply policies and procedures to solve every day and/or complex Company issues.
- Demonstrated knowledge and understanding of audit and risk management terminology to communicate information and to explain potential exposure, consequences, and answer questions. Knowledge and appreciation of business concepts and requirements. Demonstrated usage of an audit background sufficient to identify variances and inconsistencies in core business functions. Demonstrated experience presenting findings and reports to Director-Internal Audit.
- Ability to develop and prepare business analysis and plans. Knowledge of the principles of strategic business decision-making. Performs duties that require considerable initiative, independent judgment, and strong communication skills. Ability to travel, when applicable.
- Motivating, developing, and directing people as they work, identifying the best people for the job. Ability to apply the principles and practices of work leadership and management. Must be self-motivated and positive team member with effective communication and client relations skills.
- Ability to read, analyze, and interpret financial reports and legal documents. . Ability to manage multiple projects, set priorities, exercise sound judgment, and clearly communicate findings and advice.
- Polished interpersonal skills. Strong personnel management skills. Excellent verbal and written communication skills. Ability to create, compose, and edit written materials. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to maintain a working relationship with external auditors. Ability to effectively present information to top management.
- Demonstrated knowledge of IT General Computer Controls, including Information Security, Information System Operations, Vendor Management, Business Continuity, Networks, Database, System Software, Hardware, and Application Development controls.
- Ability to process computer data and to format and generate reports. Must be skilled in word processing, drafting correspondence, memoranda, policies and procedures, and creating and maintaining databases.
TYPICAL PHYSICAL DEMANDS: Requires mobility sufficient to travel. Some bending, stooping, and stretching. Occasionally lifting items weighing up to 30 lbs. Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator, and other office equipment. Requires normal range of hearing and eyesight to record, prepare, and communicate appropriate reports. Extensive data input and required ability to sit for long periods of time. Regular and consistent attendance on the job is an essential function
TYPICAL WORKING CONDITIONS: Normal office environment. Occasional evening or weekend work.
EDUCATION AND EXPERIENCE:
- Bachelor's degree in Accounting or Finance, related field; or equivalent combination of education and experience required.
- Successful completion of either a Certified Information Systems Auditor (CISA), Certified Public Account (CPA), and/or Certified Internal Auditor (CIA) designation, required.
- Minimum of seven years' relevant audit experience, in a strategic planning, information technology, tax, financial analysis, or business development role, preferably within the real estate field. Operations experience is a plus.
- Minimum of five years' experience with Sarbanes-Oxley financial and information technology audit programs and practices.
- Experience performing system interrogations using standard interrogation software or analysis scripts such as ACL or IDEA.
- Must have and maintain a valid driver's license unless otherwise noted.
• Medical, Dental, Vision Plans
• Medical Flexible Spending Account
• Dependent Care Spending Account
• Supplemental Term Life Insurance
• Voluntary Cancer Insurance
• Supplemental Short-Term Disability Insurance / AD&D Insurance
• Voluntary Long Term Care Insurance
• 401(k) Plan with company match
• $82,983/yr. (minimum) - $120,000/yr. (maximum), depends on experience
• Eligible for 17.5% annual bonus potential, based on personal and company performance
Apply on company website