Location: Irvine, California office

Job Summary:

This position reports to the Company's Internal Audit function. As the Senior Risk and Controls Auditor, you will monitor the risk environment and provide insights to strengthen the control environment. You will play a critical role in supporting SOX compliance program, operational audits, and other special projects. You will experience a wide range of problem-solving situations, both strategic and real-time, requiring use of data collection and analysis, cross-team collaboration, project management, and resource prioritization assessment. You will work closely with various members of the teams to understand, define, and update systems and control procedures to make significant impact to how Semtech operates. You will develop strong business relationships with internal and external teams.

Successful individuals will be responsible self-starters who are able to work both independently and, in a team, setting, have good prioritization and organizational skills, be detail oriented, and have excellent systems and data analysis skills. There may be limited international and domestic travel as required.

Responsibilities:

Audit Execution & Project Management

• Independently plan, scope, and execute multiple internal audit engagements simultaneously

• Develop comprehensive risk-based audit programs and testing procedures

• Lead fieldwork activities including process walkthroughs, control testing, and evidence gathering

• Identify control deficiencies, evaluate root causes, and develop practical recommendations

• Prepare clear, professional audit reports and present findings to process owners and management

• Manage audit timelines, budgets, and deliverables to ensure on-time completion

• Track management action plans and conduct follow-up procedures to validate remediation

• Perform/support operational/compliance and other special projects as required.

SOX Compliance & Controls

• Execute SOX testing procedures in accordance with PCAOB standards and COSO 2013 framework

• Evaluate design and operating effectiveness of key controls over financial reporting

• Document and assess control deficiencies (deficiency, significant deficiency, material weakness)

• Support management's assessment of internal controls and coordinate with external auditors

• Assist in control remediation efforts and validation of corrective actions

• Evaluate IT general controls including logical access, change management, and data backup/recovery

• Assess segregation of duties within ERP and other in scope systems.

• Review IT application controls and automated control testing in financial systems

• Evaluate vendor SOC 1 and SOC 2 reports for third-party service providers

Stakeholder Collaboration

• Build effective relationships with process owners, department heads, and management

• Facilitate audit entrance and exit conferences

• Communicate audit status, issues, and results throughout the engagement lifecycle

• Collaborate with external auditors, SOX team, and other assurance providers

Continuous Improvement

• Identify opportunities to enhance audit efficiency and effectiveness

• Contribute to development and refinement of audit methodology and tools

• Stay current on industry trends, emerging risks, and regulatory developments

• Support special projects and ad-hoc requests from audit management

Minimum Qualifications:

• Bachelor's degree in accounting, Finance, Business Administration, Information Systems, or related field

• Minimum 5 years of internal audit, external audit (Big Four or national firm), or related experience

• Demonstrated experience with IT audit, ITGC testing, and evaluating IT-dependent controls

• Experience evaluating SOC reports and assessing complementary user entity controls

• Demonstrated experience leading audit engagements from planning through reporting

• Strong understanding of internal control frameworks (COSO 2013)

• Working knowledge of PCAOB audit standards and SEC reporting requirements

• Advanced Excel skills and experience ERP systems

• Basic understanding of IT general controls including access controls, change management and segregation of duties.

• Proven project management capabilities with ability to manage competing priorities

• Professional skepticism and objectivity in evaluating evidence

• Ability to work independently and collaboratively in a demanding environment

• Ability to travel domestically and internationally and work extended hours to meet deadlines.

Desired Qualifications

• CIA (Certified Internal Auditor), CPA, , CISA (Certified Information Systems Auditor). or active progress toward certification

• Advanced skills in using Excel including pivot tables and look-ups tables; Proficient in Word and Visio flowcharts.

• Public company experience

• Manufacturing or technology industry experience

• Understanding of database query tools and automated testing techniques

• Exposure to operational auditing, enterprise risk management, or fraud investigations

The intent of this job description is to describe the major duties and responsibilities performed by incumbents of this job. Incumbents may be required to perform job-related tasks other than those specifically included in this description.

All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.

A reasonable estimate of the pay range for this position is $100,000 - $145,00 USD. There are several factors taken into consideration in determining base salary, including but not limited to: job-related qualifications, skills, education, and experience, as well as job location and the value of other elements of an employee's total compensation package.

#LI-hybrid