Operational Lead Senior Auditor
Lowe’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.
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.
• Oversees the day-to-day auditing functions for larger and more complex audit projects to ensure they are conducted in accordance with Lowe’s methodology and that milestones and key dates are met on time
• Executes preliminary audit plan, which includes reviewing and approving documenting processes via process maps and flowcharts and work paper standards
• Ensures in-scope risks and controls are identified in the project risk assessment during the planning phase that they are appropriately evaluated and tested by Senior and Staff Auditors
• Identifies key control points within a process/activity and develops audit test steps designed to evaluate the adequacy and effectiveness of the internal controls
• Writes and reviews formal audit reports for the of quality necessary for a Director and Vice President audience
• Demonstrates effective project management by discussing project expectations with the team, maintaining consistent communication throughout the audit engagement and identifies development opportunities for staff auditors. Recommends performance coaching opportunities for staff auditors
• Manages client relationships with open communication throughout the audit process, keeping the client aware of potential concerns and the Audit Manager aware of project status or issues that need to be addressed
• Participates in rotational committee work such as internal auditing quality reviews, issue follow up activities, training coordination, etc.
• Bachelor’s degree
• 4 years of experience in internal/external audit or relevant business experience
• Master’s degree in business-related field
• CPA, CIA or CISA
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.