Director, Internal Oversight and Performance Assurance
Location: Washington, D.C.
Type: Full Time
Salary: up to $406,800
Accounting, Auditing, Bookkeeping
4 Year Degree
Internal Number: R705
We are hiring mission-driven professionals interested in a career with purpose, competitive benefit offerings, and work-life flexibility. If you are interested in working with a diverse group of talented professionals to protect investors and drive audit quality and innovation while adhering to the highest standards of ethical and professional conduct, join us.
What We Offer
At the PCAOB, we offer a highly competitive compensation and benefits package with a focus on the health and financial well-being of our valued team members. Some of the features of our comprehensive Total Rewards package include:
Compensation – We support transparency, equity, and fairness in our compensation programs and provide a reasonable estimate of the salary range, based on data-driven market analysis, for each job posting. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role in Washington, DC (Headquarters) is $246,500- $406,800. Team members may also be eligible for performance-based discretionary awards.
Hybrid work option – Staff will be assigned to the Washington, DC (Headquarters) office. Staff can choose to live and work from anywhere within the United States but will be required to commute to their assigned office or location for occasional intentional gatherings or meetings at the frequency required by their supervisor. Travel to an assigned office or location for commuting purposes will not be considered reimbursable business travel, unless otherwise required by state law. Business travel is reimbursable in an amount not exceeding the cost to travel from the assigned office or location, unless otherwise required by state law.
Generous paid time off – Up to 6 weeks annually, in addition to 12 federal holidays, 2 floating holidays, and a year-end break from December 25 –29, 2023
Highly competitive 401(k) match?and savings options – Immediate vesting and contributions matched dollar for dollar, up to 7 percent of eligible compensation. Roth in-plan conversion available.
Comprehensive and competitive health benefit offerings – Medical, dental, and vision plans
Supportive paid family leave benefits – Up to 16 weeks paid parental leave and up to 16 weeks paid caregiver leave
Life insurance benefits – Basic life and AD&D insurance provided; supplemental insurance also available
Education benefits – Staff student loan repayment assistance, staff college tuition assistance, and college coach program support
Well-being and family resources?– Mental health and well-being resources, paid volunteer time, emergency child/adult dependent back-up care services, family-forming assistance, discounted gym memberships, employee assistance program (EAP), health advocate program, and more?
Commuter benefits – Tax-free employer subsidy and pretax employee deductions
Internal Oversight and Performance Assurance (IOPA) provides internal auditing and examination of the operations of the Pubic Company Accounting Oversight Board (PCAOB) to help ensure the internal efficiency, integrity, and effectiveness of those operations; conduct performance and quality assurance reviews, audits and inquiries to detect and deter waste, fraud, abuse and mismanagement in PCAOB programs and operations; and recommend construction actions that, when implemented, reduce or eliminate identified risks, and promote compliance with applicable laws, regulations, and PCAOB rules and policies. The Director of IOPA will lead and manage the IOPA team in carrying out all aspects of IOPA’s charter. The Director will report directly to the PCAOB Board. To foster independence and accountability this position has a five-year term limit. The Director of IOPA position will be located in the Washington, DC (Headquarters) office.
Plan and direct a program of internal audits, reviews, and inquiries consistent with IOPA’s charter, Board priorities, the PCAOB’s Mission and Strategic Plan, and ongoing assessments of risk.
Establish and implement IOPA operating policies and procedures consistent with applicable guidance, including the Sarbanes-Oxley Act, PCAOB rules and bylaws, the PCAOB code of ethics, and professional standards.
Conduct and/or oversee internal audits, reviews, and inquiries to help assure the efficiency, integrity, and effectiveness of PCAOB programs and operations and to detect and deter any waste, fraud, and abuse.
Establish policies and procedures to ensure that IOPA audits, reviews, and inquiries are conducted in accordance with professional standards.
Prepare written and oral reports for the Board on the results of IOPA audits, reviews, and inquiries.
Prepare an annual risk assessment of PCAOB programs and operations.
Prepare and execute an annual internal audit plan, approved by the PCAOB Board, based on its annual risk assessment, report to the PCAOB Board on the deficiencies and weaknesses, and make recommendations for remediations and enhancements.
Establish and periodically update a strategic plan for IOPA that sets forth goals, performance metrics, and milestones consistent with IOPA’s charter.
Prepare an annual report on IOPA’s activities and the results of IOPA’s assessment of major management challenges facing the PCAOB.
Direct and supervise IOPA Staff, including goal setting and performance management.
Coordinate with administrative offices to recruit and retain skilled staff and other resources to fulfill IOPA’s mission.
Perform other duties consistent with IOPA’s mission and charter.
Report to the Board, and upon the direction of the Board, to the SEC and other governmental authorities, on the status and results of its performance and quality assurance reviews and inquiries.
Advanced degree or certification in public administration, business, law, accounting, or other related field(s) is required.
Minimum of 15+ years relevant experience, including five or more years of significant executive or senior manager experience focused on professional and/or public accountability. Examples include a corporate office of internal audit, a federal government office of inspector general, or equivalent.
Knowledge of professional internal auditing standards, such as Government Auditing Standards and/or the Institute of Internal Auditors’ International Professional Practices Framework.
Proven skills and in-depth experience in gathering sufficient, appropriate evidence to support audit objectives and performing relevant analysis to make appropriate judgments and conclusions.
Familiarity with conducting internal inquiries and investigations.
An ability to clearly articulate a position and support the same with sound logic, appropriate evidence, and objectivity.
Able to effectively represent the organization to a variety of both internal and external constituencies.
A hands-on style and attitude as well as the ability to operate independently or in a team. Moreover s/he must be able to function effectively in a technologically sophisticated environment.
Experience in the area of financial regulation and strong communication, writing, and interpersonal skills.
Ability to deal effectively with people, maintain confidentiality and personal discretion, make decisions, find solutions to encourage and support change, and maintain a nimble regulatory approach that proactively identifies new and emerging issues that put investors and the public interest in the preparation of independent audit reports at risk.
Ability to communicate complex and technical matters in a clear, concise, and non-technical manner.
A self-starter able to administer a number of open, ongoing assignments at any one time, where some assignments are routinely unstructured, requiring autonomy and independent judgment.
In-depth experience successfully harmonizing diverse and competing interests.
Ability to clearly articulate a position with sound logic and conviction.
Ability to effectively represent the organization to a variety of both internal and external constituencies.
Superior verbal and written communication skills.
Leadership/Management Skills and Abilities
Ensures that own behavior and the behavior of others is consistent with the highest ethical standards and aligns with the values of the organization.
Must be able to motivate and inspire employees at all levels in order to enhance team commitment and individual performance.
Proven ability to develop, coach, and mentor staff, providing constant feedback and clear direction.
Demonstrated success in establishing and maintaining positive working relationships with others, both internally and externally, to achieve the goals of the organization.
Strong ability to build credibility, organize effectively, delegate responsibility, solve problems quickly and communicate clearly.
Possesses the balance and emotional intelligence required to meet the diverse needs of the division/office.
Proven ability to navigate and resolve various types of conflict in a timely and productive manner.
The PCAOB oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.