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director, Internal Audit (Remote, U.S.)

Now Brewing – director, internal audit! #tobeapartnerFrom the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others.As director on the Starbucks Internal Audit team, you will be leading the execution of our mission to enable value creation, value preservation and brand growth through a risk-informed lens. This role is responsible for the overall governance, risk, and control environment through providing independent assurance advice and insights to senior leadership for key business units and functional support groups.As a director, you will…• Lead the development of a risk-based audit plan covering financial, operational as well as strategic risks and advise management through key risk insights and control enhancements.• Execute the audit plan and manage IA resources for assigned business units and functions with a focus on helping management reduce risk, enhance governance, and improve the control environment for core business units and functional departments.• Share knowledge and insights gained through deep experience, benchmarking and participation on key initiatives to enhance overall corporate governance, compliance, raise awareness of internal controls• Support the enterprise risk management program and assist global risk owners in identifying risk drivers, scenarios, risk mitigation and potential gaps• Business Unit and Functional areas of audit responsibilities include:• Global - Finance with Sarbanes Oxley assurance, Partner Resources Organization (PRO, aka Human Resources), Law & Corporate Affairs, Sustainability, Starbucks Coffee Trading Company• North America - Global Supply Chain, Customer Marketing & Product, Licensees, Store Development and serves as a reference for these functions in other markets• These may be alternated with other business units or functions from time to time• Assist with developing departmental strategies, policies, and initiatives to drive best-in-class internal audit and risk management practices; promotes and champions strategies, innovative thinking and initiatives to drive continuous improvement• Develop, coach, and build high performing teams and work across a matrixed and organization• Build strong relationships and achieve results through influence in a remote/hybrid environment• Create a culture of collaboration, diversity, accountability, delivering results, continuous improvement, and fun• Attract, develop, and retain diverse talent within the team and help make internal audit a two-way talent pipeline for the company.We’d Love To Hear From People With• Bachelor’s Degree in Accounting, Finance, Management Information Systems, Business Administration, or related fields• More than 10 years of relevant experience in Public Accounting or Internal Auditing with a large multinational public company; Quick Service Restaurant or retail experience preferred• Knowledge of financial processes and internal control, global supply chain, ESG regulations, consumer loyalty and marketing programs, licensee relationships, store operations, enterprise risk management, COSO and Sarbanes Oxley 302 and 404 assessments• Exceptional people leadership skills with demonstrated ability to inspire and create a high performing team in a collaborative and complex environment• Ability to think strategically, communicate vision, and execute plans to meet business objectives• Excellent written and verbal communication skills, including the ability to effectively articulate risks, mitigation plans and link common themes to stakeholders at various levels of the organization• Strong problem solving and analytical skills• Able to travel domestically and internationally periodically• Approved professional certification preferred, such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA) or Certified Fraud Examiner (CFE)• Experience with AuditBoard, data analytics and AI tools a plusAs a Starbucks partner, you (and your family) will have access to medical, dental, vision, basic and supplemental life insurance, and other voluntary insurance benefits. Partners have access to short-term and long-term disability, paid parental leave, family expansion reimbursement, paid vacation from date of hire*, sick time (accrued at 1 hour for every 25 hours worked), eight paid holidays, and two personal days per year. Starbucks also offers eligible partners participation in a 401(k) retirement plan with employer match, a discounted company stock program (S.I.P.), Starbucks equity program (Bean Stock), incentivized emergency savings, and financial well-being tools. Additionally, Starbucks offers 100% upfront tuition coverage for a first-time bachelor’s degree through Arizona State University’s online program via the Starbucks College Achievement Plan, student loan management resources, and access to other educational opportunities. You will also have access to backup care and DACA reimbursement. Starbucks will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act, and in accordance with its plans and policies. This list is subject to change depending on collective bargaining in locations where partners have a certified bargaining representative. For additional information regarding partner perks and more detailed information about benefits, go to starbucksbenefits.com.• If you are working in CA, CO, IL, LA, ME, MA, NE, ND or RI, you will accrue vacation up to a maximum of 120 hours (190 in CA) for roles below director and 200 hours (316 in CA) for roles at director or above. For roles in other states, you will be granted vacation time starting at 120 hours annually for roles below director and 200 hours annually for roles director and above.The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, geographical location, and internal equity.  At Starbucks, it is not typical for an individual to be hired at the high end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.If you live in the greater Seattle area, we offer a flexible workplace that allows for hybrid work. Partners can work remotely up to two days per week.The pay range for this position may be narrower than that displayed, depending on where the work is performed.Join us and inspire with every cup. Apply today!All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, physical or mental disability, sexual orientation, marital status, military or veteran status, gender identity and expression, genetic information, or any other factor protected by law.We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at applicantaccommodation.
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What You Should Know About director, Internal Audit (Remote, U.S.), Starbucks

Now Brewing – Director, Internal Audit at Starbucks! If you're passionate about leading teams and shaping risk management strategies, this is the right opportunity for you. In this remote role, you'll spearhead the execution of our internal audit functions, enabling value creation and brand growth. As the Director of Internal Audit, you will focus on the overall governance and risk control environment, providing senior leadership with independent assurance and insights across various business units. You'll develop a risk-based audit plan that covers financial, operational, and strategic risks while working closely with management to enhance controls and reduce risks. Your expertise will foster a culture of collaboration and continuous improvement at Starbucks, as you attract and develop diverse talent within a high-performing team. In this role, you will also support the enterprise risk management program, identify key risk drivers, and participate in initiatives aimed at strengthening corporate governance. We need someone with a robust background in public accounting or internal auditing, ideally with over ten years of experience in a large multinational public company. Exceptional leadership skills and the ability to think strategically will be vital for success. At Starbucks, you'll not only be part of a company that values connection and service but also enjoy an array of benefits, including health insurance, a 401(k) plan with employer match, and tuition coverage through the Starbucks College Achievement Plan. Join us and inspire with every cup!

Frequently Asked Questions (FAQs) for director, Internal Audit (Remote, U.S.) Role at Starbucks
What are the key responsibilities of the Director, Internal Audit at Starbucks?

The Director, Internal Audit at Starbucks is accountable for leading the development and execution of a risk-based audit plan. This includes advising management across key risk insights and controls, enhancing governance, and helping reduce risks within various business units. The role also focuses on independent assurance, supporting the enterprise risk management program, and building high-performing teams to champion best practices in internal auditing.

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What qualifications do I need to apply for the Director, Internal Audit position at Starbucks?

To be considered for the Director, Internal Audit position at Starbucks, candidates should possess a Bachelor’s Degree in Accounting, Finance, or a related field along with over ten years of relevant experience in public accounting or internal auditing. Knowledge about financial processes, internal controls, and relevant certifications like CIA or CPA is important, alongside strong leadership and communication skills.

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How does the Director, Internal Audit contribute to Starbucks' risk management?

The Director, Internal Audit contributes to Starbucks' risk management by developing a comprehensive audit plan that focuses on both financial and operational risks. This role partners with global risk owners to identify risk drivers and potential gaps, while also providing insights that lead to improved governance and enhanced control environments across the organization.

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What benefits can I expect as a Director, Internal Audit at Starbucks?

As a Director, Internal Audit at Starbucks, you will enjoy a full range of benefits, including medical, dental, and vision insurance, a 401(k) retirement plan with employer match, paid parental leave, tuition assistance, and more. The company also promotes a flexible workplace, allowing for remote work, making it a great opportunity for work-life balance.

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What is the work environment like for the Director, Internal Audit at Starbucks?

The work environment for the Director, Internal Audit at Starbucks is collaborative and inclusive, typically functioning in a remote or hybrid setting. This role embraces a culture of partnership, diversity, and continuous improvement, encouraging leaders to positively influence and build relationships across various levels of the organization.

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Common Interview Questions for director, Internal Audit (Remote, U.S.)
Can you describe your experience with risk management strategies?

Highlight specific risk management strategies you've implemented in past roles, providing examples of how they positively impacted governance or reduced risk. Discuss collaborative efforts with senior management to enhance internal controls and articulate how your strategic vision aligns with business objectives.

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How do you approach developing an audit plan?

Discuss the process you would follow in developing an audit plan, including risk assessment techniques, stakeholder engagement, and how you would prioritize various business units or functions. Emphasize your ability to adapt plans based on changing business needs or emerging risks.

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What methodologies do you use for internal audits?

Talk about various methodologies you are familiar with, like the COSO framework or ISO standards, and explain how you tailor them to fit Starbucks' unique operational landscape. Give examples of successful audits that were conducted using these methodologies.

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Can you give an example of how you've successfully led a team?

Pinpoint a specific instance of a team leadership experience, noting how you motivated your team, achieved objectives, and cultivated a collaborative environment. Discuss the techniques you used for coaching and developing talent within that team.

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What tools or software are you proficient in for auditing?

List the auditing tools and software you’ve used, such as AuditBoard or data analytics tools. Discuss how these tools enhanced the efficiency of your audits and improved the quality of insights you could offer to management.

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How do you effectively communicate with various stakeholders?

Describe your communication strategies, focusing on how you tailor your messages to suit different audiences, from executive leadership to operational teams. Provide examples where effective communication led to improved understanding of risks or solutions.

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What is your experience with compliance programs?

Share your experience managing compliance programs, particularly with regulations relevant to Starbucks like Sarbanes Oxley or ESG standards. Highlight how you ensured adherence to these regulations while fostering a culture of compliance within the organization.

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How do you stay updated on industry regulations and trends?

Discuss your methods for keeping updated on industry regulations and trends, such as attending professional development workshops, subscribing to relevant journals, or being a member of audit associations. Underline how this continuous learning shapes your audit strategies.

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What challenges have you faced in internal auditing, and how did you overcome them?

Identify a specific challenge faced in previous roles, explaining the context and your strategic approach to overcome it. Emphasize your analytical skills and adaptability in finding solutions for complex issues.

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How do you ensure that audit activities align with business objectives?

Illustrate how you align audit activities with business objectives by developing a clear understanding of the organization's goals and risks. Share a specific example where you adjusted the audit scope based on the company's changing priorities.

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Full-time, hybrid
DATE POSTED
December 11, 2024

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