Role Summary The Managing Director (MD), Audit Programs is responsible for the Alaska Airlines & Horizon Air Audit and Internal Evaluation Program (IEP) functions, executing audits covering finance, information technology, safety, compliance, and operations and supporting the Alaska Airlines & Horizon Air Sarbanes-Oxley (SOX) program. This role directs team of 15 permanent employees and one co-source partner. The MD also facilitates the Alaska Airlines & Horizon Air Enterprise Risk Management (ERM) program.
Scope & Complexity
This senior leadership role directs audit programs for Alaska Air Group (AAG) and its subsidiaries.
The MD reports functionally to the Audit Committee of the Board of Directors and administratively to the CFO, withdirect access to the Audit Committee on subjects such as the annual audit risk assessment, the annual ERM risk assessment, the results of audits, fraud and internal control issues, the adequacy of resources provided, and on other matters which may be of concern to either the MD, Audit Programs or the Audit Committee. The MD also has a reportingrelationship with the Safety Committee of the BOD and has direct access to the Alaska Airlines & Horizon Air VP, Safety and to the Safety Committee on matters relevant to the IEP.
Key Duties Enterprise Risk Management (ERM):
Conducts an annual enterprise-wide risk assessment for Alaska Airlines & Horizon Air and presenting to executivemanagement and the Audit Committee for approval.
Partners with executive leadership to regularly report on the status of management's efforts to mitigate enterprise risks, to update SEC-required reports as needed, and to provide sufficient updates to the Audit Committee to allow them to exercise their oversight responsibilities. Internal Evaluation Program (IEP):
Conducts an annual risk assessment of business processes within Alaska Airlines & Horizon Air to identify areas requiring audit procedures and will develop an appropriate plan to test these processes and controls and present annually for approval by the Audit Committee.
Executes all audits, which will include, at a minimum, the following stages:
The auditor gaining an understanding of the risks, and of the related controls, processes and procedures,
Developing an audit program, which if completed satisfactorily, will provide reasonable assurance as to the adequacy and effectiveness of internal controls with respect to these risks,
Execution of the audit program.
These steps should be conducted in accordance with the International Standards for the Professional Practice of Internal Auditing of the Institute of Internal Auditors. Sarbanes-Oxley (SOX) Compliance:
Coordinates the efforts of the Internal Audit department with Alaska Airlines & Horizon Air Finance staff, external auditors and others working on the SOX Section 404 internal controls review to help Alaska gain the maximumbenefit and assurance from these activities. All efforts must help Alaska Airlines & Horizon Air attest to the propriety ofinternal controls consistent with the guidance of the Committee on Sponsoring Organizations (COSO). Executive & Board Communication:
Meets regularly with the Executive Committee, the VP of Safety, and the Safety and Audit Committees of the BOD to update them on the status of the Audit Programs' work, to make them aware of any findings, to discuss staffing/resource issues and the control environment at Alaska Airline and Horizon Air.
Job-Specific Skills & Education Required
A minimum of 10 years of experience as an external auditor with a "Big 4" or large regional public accounting firm or internal auditor at a large corporation, including significant managerial/oversight experience.
A Bachelor of Arts or a Bachelor of Science degree, with a focus in business administration, finance, accounting, or a related discipline.
Strong ability to understand complex business processes, including the way systems, work flows, organizational structure, etc. support these processes.
Demonstrated ability to quickly scope an area, develop an accurate understanding of risks, and develop audit plans responsive to those risks.
Proven track record leading cohesive, results-oriented teams. Leadership style must be participatory and team-oriented, while still able to effect change.
Demonstrated ability to develop deep, positive working relationships with all levels of the organization, particularly senior leadership in key areas such as Safety and Finance.
Energetic, efficient, and resourceful problem solver.
Proficiency with Microsoft Office applications (e.g., Word, Excel, PowerPoint, and Outlook).
High school diploma or equivalent is required.
Minimum age of 18.
Must be authorized to work in the U.S.
Certified Public Account (CPA) license.
A Master of Arts/Science degree or a Master of Business Administration degree.
Job-Specific Leadership Expectations
Embody our values to own safety, do the right thing, be kind-hearted, deliver performance, and be remarkable.
Strong communication (e.g., verbal, written, presentation) and interpersonal skills, with the ability to create collaborative relationships that drive outcomes in the best interest of the company, with others in the organization, and with key external business partners.
Proven ability to leverage business acumen and analytic capability to position the organization as a critical business partner.
Ability to engage with and establish credibility with business partners at the most senior/executive level.
Job ID: 31418