Lead Senior Auditor

Company: Lowe's
Location: Mooresville
Posted on: November 19, 2023

Job Description:

Does the concept of Agile Internal Audit interest you? Within Lowe's Internal Audit function, the agile auditing methodology and mindset is leveraged to focus on the most urgent needs of our business stakeholders. Our team provides timely insights for decision-making, focuses on what matters for the company and reduces time wasted in audit cycles and documentation. Sure, evaluating financial controls are table stakes, but at Lowe's you will be a value-added advisor to the business. Move from the backroom to the front seat with our audit team!The Lead Senior Auditor is responsible for driving agile audits that evaluate the established internal controls designed to manage the Company's most significant risks - including operational and financial risks. This position will help the Audit Manager plan individual audits, develop test steps to evaluate controls, and gather/analyze information as necessary to evaluate the effectiveness and adequacy of the controls. The Lead Senior Auditor will also be responsible for the interpretation of the test results and the oral and written communication of the audit results to the client. In this role, the Lead Senior Auditor will be the day-to-day leader of the project and will be responsible for ensuring other Senior and Staff Auditors are adequately supervised to ensure the work is completed on time and in a quality manner. The Lead Senior Auditor will also be responsible for training less experienced auditors in the audit methodology and actively participating in departmental non-project activities.Key Responsibilities:Manages day-to-day audit projects to ensure they are conducted in accordance with Lowe's SCRUM audit methodology and that key ceremonies occur at the right time, artifacts are delivered in line with milestone dates, and projects are completed on time.Applies basic knowledge of Retail risks, Business Operations and Finance to ensure efficiency throughout the audit engagement. Utilizes internal resources to assist when audit topics require intermediate to advanced knowledge.Performs audit planning, which includes documenting processes via process maps and flowchartIdentifies key control points within a process/activity and develops audit test steps designed to evaluate the adequacy and effectiveness of the internal controlsPerforms data analysis to deliver valuable insights to management, when applicableProvides recommendations to Management on control enhancements and process improvement opportunitiesEnsures in-scope risks and controls are identified in the project risk assessment during the planning phase and are appropriately evaluated and tested.Evaluates testing results to ensure procedures and findings adequately address business process or financial reporting risks and expand testing procedures to address any new risks identified.Demonstrates knowledge of the audited process/technology and understanding of how interactions and control failures impact the business objective.Ensures the accuracy and consistency of information relied upon throughout the audit process (e.g., flowcharts, risk assessment, workpapers, and audit report).Writes formal audit reports with the level of quality necessary for an executive audience.Discusses project expectations and communicates with assigned staff throughout the audit engagement.Identifies developmental opportunities and provides timely, candid, and constructive feedback throughout the audit.Delivers on the job training and encourages staff development using different auditing and analytical tools.Reviews staff audit work and provides timely feedback if documentation is not relevant, thorough, accurate, and/or adequately supported.Structures staff assignments and workloads based on skills and developmental needs.Works cross-functionally to manage and organize work processes and ensure most efficient workflow.Supports a collaborative environment by working in a team of peers to solve problems and shares information with peers, manager, and customers as appropriateOrganizes resources and information in an efficient manner to handle competing demands and accomplish what needs to be done.Facilitates on-going, open dialogue with internal project team to encourage communication so information and ideas from multiple viewpoints are shared.Manages client relationships professionally by maintaining consistent dialog and open communications throughout the audit process. Hosts periodic audit updates to keep the client "in the loop of potential concernsRequired Education:Bachelor's or Master's Degree in CPA, CIA, CISA or related fieldRequired Experience:4 years experience in internal/external audit or relevant business experienceRetail business experience preferredPreferred QualificationsMaster's degree in business related fieldCPA, CIA or CISAAbout Lowe'sLowe's Companies, Inc. (NYSE: LOW) is a FORTUNE - 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience.

Keywords: Lowe's, Huntersville , Lead Senior Auditor, Accounting, Auditing , Mooresville, North Carolina