Director, Internal Audit & Controls

McDonalds   •  

Chicago, IL

11 - 15 years

Posted 160 days ago

Job Description


McDonald’s is proud to be one of the most recognized brands in the world, with restaurants in over 100
countries and billions of customers served each year. As the global leader in the food service industry, we
have a legacy of innovation and hard work that continues to drive us. Today, we are growing with velocity and
are focused on modernizing our experiences, not to make a different McDonald’s but to build a better McDonald’s.

We are a people business just as much as we are a restaurant business. We strive to be the most inclusive
brand on the planet by building diverse teams who create delicious, feel good moments that are easy for
everyone to enjoy. Joining McDonald's means thinking big on a daily basis and preparing for a career that can
have impact around the world.

We are dedicated to using our scale for good: good for people, our industry and the planet. From bold
recycling initiatives and sustainable sourcing efforts to our partnership with Ronald McDonald House Charities,
we see every day as a chance to have a genuine impact on our customers, our people and our partners.

Our new, state-of-the art headquarters is located in the booming West Loop area in the heart of downtown
Chicago. It is set up to be a global hub that fosters innovation: take a class at Hamburger University, sample
future menu items in our Test Kitchen, and utilize the latest technology to stay in touch with your team
around the globe. With monthly organized events, massive outdoor spaces, an 8000 square foot gym, and an
onsite McDonald's serving international favorites, our office helps us connect with each other like never
before. Needless to say, you’ll be lovin’ it here…

Reporting directly to the Vice-President, Internal Audit & Controls, the Internal Audit Director will be
primarily responsible for two important activities:

1. Overseeing the strategy and management of audits in the Company’s America operations – which includes
our U.S., Latin America and Canadian operations, and our global functions based in Chicago;
2. Establishing and executing on the global strategy for our compliance
with Sarbanes Oxley (SOX).

This position allows an individual to gain broad exposure to the Company’s global operations, is responsible for providing strong leadership and vision to the Internal Audit Department.

Responsibilities

Strategy

Assist the Vice-President, Internal Audit & Controls,developing the global internal audit strategy and thought leadership.
Execute the strategy and management of audits in the Company’s America operations – which includes U.S. operations, Latin America and our global corporate functions;
Execute on the global strategy for the Company’s compliance with Sarbanes Oxley (SOX) across our global operations.

Risk Management

Assist in leading the global risk assessment process through direct interface with leadership;
Responsible for maintaining key relationships with Senior Management to understand current and emerging risks which will impact the fulfilment of their business objectives going and assist in determining any needed audit
work to more effectively manage risk at McDonald’s;
Assist with the creation, oversight and execution of the department's global annual internal audit plan including the co-ordination of third party resources when necessary;
Stay current with general business developments and new accounting or auditing pronouncements/standards to gain an understanding of their links and impact to the Company's business, and possible impacts to the overall internal control environment.

Audit Project Oversight

Oversee all audit work from the America’s team; providing meaningful,technical, and hands-on guidance during assessments of areas, and ensuring that all team deliverables are of high-quality.
Deliver oral and written presentations to Senior Management and when needed, to the Audit Committee on audit results.
Ensure audit practices are consistent with established professional standards,company policies and procedures,and department objectives.
Assist in educating and raising awareness around internal control issues.
Earn the trust of leadership by effectively managing sensitive risk and audit discussions, communications, and deliverables.
Oversee the completion of internal infrastructure projects, increasing the department’s capabilities and contributing to the continuous improvement of the audit function.

Sarbanes Oxley Program Management

Oversee the SOX program to assess the effectiveness of the design and operation of the program strategy in support of the SOX 404 internal control assessment. This includes monitoring, assessing, and analyzing organizational risks and controls, validating information and auditing for compliance, identifying problematic areas and providing insight to the organization on the impact of non-compliance.
Communicate SOX issues to Executive management, external auditors, and when required, to the Audit Committee.
Report at least annually to the Company’s Chief Executive Officer and Chief Financial Officer on the effectiveness of the company’s controls over financial reporting.

Talent Management

Build and grow a high-performing audit team through hiring, mentoring,coaching, training, and timely and candid performance feedback.

Minimum Requirements

Bachelor's degree in Accounting, Finance, Business,Management, or equivalent experience
CPA or CIA required;other certifications desirable (e.g.,CFE)
Minimum ten years' experience in audit
Experience managing a Sarbanes-Oxley compliance program
Experience managing a team of global resources, preferably within Internal Audit.
Experience interacting with business leadership and collaborating with business partners at similarly-sized, global organization.
Experience managing complex projects and programs and applying effective project management concepts.
Strong knowledge of U.S., GAAP, GAAS and PCAOB standards
Availability to travel (domestic and international) up to 30%