Internal Audit Associate - Early Career

Company / Location Information

Water technology is one of the fastest-growing industries in the world. As a leading global water technology company, A. O. Smith Corporation (NYSE: AOS) is at the center of the trend. We are a $3 billion company with over 140 years of history and more than 15,000 employees worldwide. Our emphasis is on hot water and clean water; we are one of the world’s largest manufacturers of residential and commercial water heating equipment as well as a supplier of water purification products in a number of emerging countries.

Headquartered in Milwaukee, WI with manufacturing operations in the United States, Canada, Mexico, China, India, and Europe, we have the global reach to serve customers worldwide. A. O. Smith is committed to continuous improvement and maintaining a culture that values and respects our employees.  Recently named one of Milwaukee’s Top Places to Work, we care about our associates and have programs in place to help our team members achieve their potential. When you join our team, you will receive rewards and recognition for your contributions, training and professional development opportunities, as well as a variety of benefits. 

Primary Function

As a staff internal auditor, you will be part of a valued team that performs audits of A.O. Smith’s domestic and international locations to support the mission of enhancing and protecting organizational value by providing risk-based and objective assurance, advice and insight. The position reports to the Director of Internal Audit and has a high degree of interaction with stakeholders including management at various levels, external auditors, and third-party service providers.

Responsibilities

• Assist the internal audit team with planning and executing financial, compliance and operational audits, as well as perform various special projects requested by management.
• Assist the internal audit team in executing the department's strategy by identifying growth opportunities, building effectiveness and efficiency in the use of technology, advancing analytic capabilities and strengthening business acumen.
• Participate in the execution of audits to assess the effectiveness and efficiency of processes and controls, reliability of data and information systems, and safeguarding of assets.
• Participate in all parts of the internal control audit lifecycle including performing the annual risk assessment, understanding and documenting processes and controls, and testing control design and operating effectiveness.
• Partner with management and internal audit team members during audits and reviews to execute work programs, identify improvement opportunities, develop value-add recommendations, draft audit reports, and present results to management.
• Maintain internal audit control documentation, administer audit surveys, and track attestations with the use of AuditBoard software.
• Support external auditors with substantive audit procedures, including various financial statement testing, analytics and inventory observations.
• Support the build up of various reporting to executives, including the preparation of data for audit committee materials and recurring management updates.
• Build talent and supervisory skills by assisting with oversight of an intern and third-party service providers.

Qualifications

• Bachelors degree in accounting, finance, or another related discipline is required; MBA is preferred.
• Prior internship experience in the field of accounting or finance is preferred.
• Familiarity with financial accounting principles, internal auditing standards, and Sarbanes-Oxley (SOX).
• Proficiency in Excel and other Microsoft suite products (Word, PowerPoint, etc...)
• Ability to learn and acclimate to various systems and software solutions.
• Strong written and verbal communication skills.
• Prior experience with ERP systems, such as SAP, is a plus.
• Detail oriented, with ability to step back and look at the “big picture” of a project, task, or request.
• The position involves approximately 5-15% travel.

We Offer

Competitive compensation package and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.