General PurposeAs Director of Audit, you will lead PacifiCorp's internal audit function shaping a forward-looking, risk-based audit strategy and partnering closely with senior leadership to ensure the effectiveness and integrity of our internal controls. In this highly visible role, you'll guide complex audit initiatives, collaborate with external auditors, and engage regularly with the Berkshire Hathaway Audit Committee, offering a unique opportunity to make a meaningful impact on governance, transparency, and long-term business success.
ResponsibilitiesInternal Audit:- Act as the principal internal audit leader, accountable for the overall management and strategic leadership for PacifiCorp's internal audit function.
- Establish and maintain Audit department standards and policies, consistent with corporate policy, to guide the technical and administrative performance of audit activities. Ensure compliance with those policies.
- Conduct annual risk and fraud assessments based on input from PacifiCorp and Berkshire Hathaway management, external auditors, and external factors to develop a dynamic audit plan.
- Develop Audit goals, objectives, and key performance indicators (KPI) to execute the dynamic audit plan. Monitor progress against the audit plan and KPIs.
- Coordinate SOX Internal Audit testing to evaluate the design and operating effectiveness of internal controls over financial reporting.
- Collaborate across business and IT to identify risks and drive process improvement.
- Maintain ongoing communication with external auditors on SOX planning, walkthroughs and testing, audit requests, and any deficiency evaluation.
- Communicate audit findings/recommendations to promote constructive change; collaborate with management to establish and validate timely, appropriate remediation plans and monitor those plans.
- Interface regularly with the Berkshire Hathaway Audit Committee.
Leadership and Team Management:- Lead, mentor, and develop the audit team.
- Foster a culture of integrity, accountability, and financial transparency.
Requirements- Bachelor's degree in accounting, Finance, Business Administration, or a related field. Relevant advanced degree preferred.
- Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or other relevant certification required.
- Minimum of 10 years of experience in audit, risk management, compliance, or related fields, with at least 5 years of management or equivalent experience.
- In-depth knowledge of auditing standards, regulatory compliance requirements, financial modeling, and risk assessment/management frameworks is essential.
- Strong understanding of regulatory requirements and industry standards for electric utility companies.
- Excellent analytical, problem-solving, communication, and presentation skills.
- Must operate with and foster a culture of objective, sound judgment, integrity, and transparency.
- Ability to influence and work effectively across all levels of the organization.
- Strong leadership with proven ability to lead and develop high-performing teams.
- Experience working with Boards of Directors and Audit Committees is desirable.
Additional InformationReq Id: 114740
Company Code: PACIFICORP #PM25
Primary Location: PORTLAND, OR
Department: CFO
Schedule: Full Time, 100% onsite
Hiring Range: $155,300 - $213,510
This position is eligible for an annual discretionary performance incentive bonus of up to 20.00% of salary.
BENEFITS:At PacifiCorp, we understand that living a healthy lifestyle isn't just about your physical health - your mental, financial, and social wellbeing also play an important role. That's why we offer a wide range of benefits designed to help you live a more balanced lifestyle
Our Benefits include:- Medical, dental, and vision insurance
- 401k with match fixed contributions, including a Roth and saving option. For union employees, matching contributions vary by union. For nonunion, PacifiCorp makes a fixed contribution equal to 4% of your eligible pay each year for new hires. In addition, PacifiCorp matches 100% of the first 6% you contribute.
- Life insurance
- Additional voluntary benefits, including pet insurance
- Tuition Assistance
- Mass Transit Pass for employees in our Portland and Salt Lake City Offices.
Work Life Balance:- Generous Paid Time Off (PTO) - Time off varies by employee type (Union or Non-Union)
- Paid short-term disability leave and long-term disability insurance
- Paid Parental Leave
- Paid Bereavement Leave
- Employee Assistance Program supporting mental and emotional wellbeing
For more information, please visit: https://careers.pacificorp.com/content/New-Benefits-Page/?locale=en_USEmployees must be able to perform the essential functions of the position with or without accommodation.
