Senior Internal Audit Manager, North and Latin America

This position is with Recordati Rare Diseases, Inc. (RRD), North America, an affiliate of Recordati.

Recordati Rare Diseases, Inc. (RRD) develops high-impact therapies for devastating rare diseases, focusing on providing often overlooked treatments to underserved communities in the U.S. Our mission is to mitigate the impact of rare diseases through increased awareness, improved diagnoses, and enhanced treatment availability, covering endocrinology, metabolic, and oncology franchises. RRD is dedicated to excellence, fostering a dynamic work environment that promotes professional growth and a significant impact on patients' lives.

Reporting Structure

Reports To: Group Internal Audit Director, Milan Italy
Direct Reports:  None
Areas Managed: Internal audit for USA, Canada and Latin America
 

Overview

This position offers an exciting opportunity for an experienced audit professional to contribute to the governance and risk management of the subsidiaries in the United States, Canada, and Latin America of the Recordati Group, an Italian-based pharmaceutical company. Embedded within the Corporate Audit department of the Recordati group, based in Milan, the Senior Internal Audit Manager will help establish and grow the internal audit department for the North-Latin America region, ensuring its role as the third level of control in the internal control system according to Enterprise Risk Management (ERM) principles.

Essential Duties and Responsibilities

•    Assessment of Internal Control Systems: Conduct comprehensive evaluations of internal control systems within the legal entities operating in the designated region, ensuring they align with ERM frameworks.
 
•    Annual Audit Plan Development: Collaborate with stakeholders to develop a robust annual audit plan aligned with organizational objectives and risks prevalent in the pharmaceutical industry.
•    Audit Execution: Execute audits within the designated region, either directly or by supervising external consultants, ensuring adherence to audit standards and methodologies.
•    Audit Reporting: Prepare detailed audit reports outlining findings, recommendations, and corrective actions, ensuring clarity and accuracy in reporting.
•    Budget Management: Manage the allocated audit budget efficiently, ensuring optimal resource utilization while maintaining quality standards.
•    Regular Reporting: Provide regular updates and reports to the Group Internal Audit Director, highlighting audit progress, significant findings, and any emerging risks.
•    Board Reporting: Present audit findings and recommendations to top management and the board of directors of legal entities in the region, fostering transparency and accountability.
•    Risk Management: Collaborate with local and global Legal & Compliance to identify and assess emerging risks within the pharmaceutical sector, integrating risk considerations into audit planning and execution.
•    Continuous Improvement: Drive continuous improvement initiatives within the internal audit function, enhancing efficiency, effectiveness, and value addition.
•    ERM Integration: Ensure that internal audit activities support the ERM framework by acting as the third line of defense, providing assurance on risk management, control, and governance processes.
 

Additional Responsibilities

•    Stakeholder Engagement: Foster strong relationships with key stakeholders across the organization, including finance, operations, and compliance functions.
•    Training and Development: Provide guidance and mentorship to audit team members, fostering their professional growth and development.
•    Language Proficiency: Demonstrate proficiency in English and Spanish, facilitating effective communication with diverse stakeholders across the region.
•    Industry Knowledge: Leverage strong knowledge of audit methodologies and industry-specific regulations within the pharmaceutical sector to drive insightful audits.
•    International Audit Standards: Possess knowledge of international audit standards (e.g., IIA Standards), ensuring adherence to best practices in internal auditing.
•    Travel Readiness: Be predisposed to frequent travel within the region (Canada, USA, and Latin American countries such as Mexico, Colombia, Brazil), and occasionally to Europe, to conduct audits and engage with stakeholders.
•    Pragmatism and Hands-On Approach: Demonstrate a pragmatic mindset and a willingness to execute tasks firsthand, ensuring effective and efficient completion of audit engagements.
•    Act in full compliance with all laws, regulations, and policies including adverse events / pharmacovigilance responsibilities.
•    Perform additional duties as may be assigned.
 

Qualifications

•    Education: Bachelor's degree in Business Economics or related field. Advanced degree or professional certification (e.g., CIA, CPA, CISA) preferred.
 
•    Experience: At least 10 years of experience in internal audit, with previous experience in the pharmaceutical sector strongly preferable. Proven track record of successful audits and risk management.
•    Travel Requirement: Approximately 50% travel
•    Skills: Strong analytical skills, attention to detail, and the ability to communicate complex findings effectively. Proficiency in audit methodologies and familiarity with industry-specific regulations and standards.
•    Personal Attributes: High level of independence, integrity, and professionalism. Willingness to work autonomously and collaborate within a global team environment. Adaptability to diverse cultures and business practices across the designated region.
•    Language: Person should be fully fluent in English and Spanish and/or Portuguese
 

Work Environment

This job operates in a professional office environment. Based upon job requirements, employee will be required to travel within the assigned region in support of the business. Employee must be able to freely operate and travel by car and train/plane modes of transportation. Employee is required to have a valid driver’s license and passport.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The employee must be able to fly via a commercial air carrier. This is largely a sedentary role; however, the employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms; talk and hear. Occasionally is required to lift and/or move light to moderate weight up to 25 lbs.

Location

•    Position is preferred to be based/located at RRD HQ Office in New Jersey, but the organization is open to talent outside the NJ geographic area that is within reasonable commute to an international airport.

FLSA Classification

•    This position is considered Non-Exempt.

EEO Statement

Recordati Rare Diseases values the diversity of its workforce and welcomes applications from all qualified applicants. It is the policy of Recordati Rare Diseases to provide equal employment opportunity (EEO) to all persons regardless of race, color, religion, sex, sexual orientation, gender identity, or national origin. Further, Recordati Rare Diseases will not discriminate on the basis of any characteristic protected by federal, provincial, or municipal law. Recordati Rare Diseases will provide reasonable accommodation for qualified individuals with disabilities.

Disclaimer

This job description is not designed to cover or contain a comprehensive listing of the activities, duties or responsibilities that may be required.