Senior Associate, Internal Audit

Audax Group is a leading alternative investment manager with offices in Boston, New York, San Francisco, and London. Since its founding in 1999, the firm has raised over $40 billion in capital across its Private Equity and Private Debt businesses. With more than 400 employees and approximately 180 investment professionals, the firm is a leading capital partner for North American middle market companies. For more information, visit the Audax Group website www.audaxgroup.com.

The Senior Associate, Internal Audit is responsible for overseeing the planning, execution and reporting for the Audax annual SOC1 Type 2 report which includes the following responsibilities:

• Participation in status meetings and liaising with external audit firm(s) as well as partnering with finance, IT, and compliance management.
• Develop an internal framework for monitoring and tracking activity under scope of the SOC 1 program.
• Provide counsel to finance, IT, and compliance management to proactively evaluate scope changes to SOC reports based on changes in organizational alignment, product offerings and technology
• Provide guidance and challenge to business unit management to address control deviations, deviation themes and develop remediation, as necessary
• Conduct testing of various control areas within finance, operations, and information technology
• Responsible for documentation of the testing
• Collect and review SOC 1 (or SOC 2) reports from subservice providers. Develop assessment statements on the adequacy of controls at subservice providers.
• Assist in drafting the management assertion statement to ensure it accurately reflects the control environment for the audit period.
• Review SOC report drafts and recommend changes in line with AICPA guidance, including changes to new/existing controls, quality of descriptions and usefulness of content
• Respond to SOC Report-related client inquiries, due diligence questionnaires and/or RFPs as requested by Investor Relations
• Participate in various SOC strategic initiatives and projects, as assigned
• Responsible for successful annual SOC1 Type 2 Certification completion
• As the firm grows, participate in the development of the internal audit function broadly

Job Specifications:

• BS or BA degree required;
• Ideal candidate has 4+ years of audit experience in public accounting or internal audit;
• Must have SOC1 experience (either in an audit capacity or in-house);
• Background in Information Technology;
• CPA, CIA, or CISA a plus;
• Preferred industry experience includes Financial Services, Banking and/or Insurance;
• Excellent analytical, client service, time management, and communication skills;
• Ability to multi-task and manage projects in fast paced environment;
• Proficiency in evaluating and testing internal controls;
• A proven self-starter who can manage long term projects, and
• Deadline and detail orientated.

LOCATION: Boston, MA. This position is in the office 3 days/week. These in-office requirements may be adjusted based on the needs of the business

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.

Audax Management Co. is an equal opportunity employer.

Please note that Audax Group and its affiliated entities do not accept unsolicited resumes from a third-party recruiting agency not currently under a signed agreement. Any unsolicited resume that is sent to directly to Audax Group or one of its affiliated entities, or its employees, including those submitted to hiring managers by a third-party recruiting agency not currently under a signed agreement, will be considered property of Audax Group. If a third-party recruiting agency submits a resume without an agreement, Audax Group or its affiliated entities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the third-party recruiting agency. Any third-party recruiting agency should contact either a member of the Talent Acquisition or Human Resource team at Audax Group, in conjunction with a valid, fully executed contract for service based upon a specific job opening.

Location: South Boston, MA, US

Posted Date: 11/28/2024