Head of Audit

As the Head of Audit at Xsolla, key responsibilities include overseeing the transformation of financial statements into U.S. GAAP format, leading audits at the consolidated U.S. level, and ensuring compliance with regulatory standards. You'll also be tasked with developing internal audit frameworks, conducting risk assessments, and collaborating with finance and legal teams to maintain adherence to all guidelines.

To qualify for the Head of Audit role at Xsolla, candidates should have over 10 years of experience in Accounting and Finance, with a minimum of 5 years in a senior leadership role. A strong background in payments processing, banking, or experience from a large organization is highly preferred, along with a Bachelor's degree in Accounting or Finance. Executive-level experience with SaaS business models and deep knowledge of GAAP and IFRS are also essential.

At Xsolla, we prioritize the well-being of our team members. As the Head of Audit, you'll enjoy benefits such as unlimited Flexible Time Off, 28 paid holidays, and a personalized career development roadmap. We provide support for continuous learning through various training opportunities, conferences, and educational advancement.

Xsolla is committed to your professional growth. In the Head of Audit role, you will have personalized development plans created in conjunction with your manager. Our benefits support in-house training, independent study, and participation in conferences, ensuring you stay at the forefront of industry knowledge and practices.

The work culture at Xsolla is vibrant and inclusive. We foster an environment where innovation thrives, and your contributions are valued. As the Head of Audit, you’ll be instrumental in leading an audit team, cultivating a culture of excellence and continuous improvement, while enjoying a work-life balance facilitated by flexible time off and a supportive team.

When discussing your experience with U.S. GAAP, focus on specific instances where you transformed local financial statements to meet GAAP standards, detailing your role in ensuring compliance and accuracy. Highlight the importance of this standard in maintaining financial integrity in your previous positions.

To lead a successful audit, you would first establish a comprehensive plan that outlines the audit's scope and objectives. Emphasize your approach to collaborating with different teams, preparing reports, and ensuring timely communication with external auditors. Sharing real-world examples of past audits will further demonstrate your leadership capabilities.

Explain your approach to conducting risk assessments, detailing the methodologies you employ to identify and evaluate potential financial, operational, and compliance risks. Use examples from your past roles to illustrate how you implemented controls and mitigated risks effectively.

Discuss strategies like fostering open communication, providing continuous training, and establishing mentorship programs to develop an audit team culture. Illustrate how these initiatives create a supportive environment that encourages professional growth and excellence.

Provide a detailed example of a financial transformation project, focusing on your role, the challenges faced, and the outcome. Highlight your ability to lead change and collaborate with various departments to achieve compliance with financial reporting standards.

Address potential challenges such as keeping up with changes in accounting regulations, ensuring audit compliance, and managing cross-functional relationships. Describe your proactive approach to these challenges, including staying informed and working collaboratively with stakeholders.

Share your techniques for breaking down complex financial concepts into simpler terms. Use visual aids, analogies, and clear language to ensure non-financial stakeholders understand essential points, ultimately enabling informed decision-making.

Summarize your experience with ERP systems, specifically mentioning any direct involvement you had in using or implementing these systems for financial reporting or audits. Discuss how familiarity with these tools enhances your effectiveness in the Head of Audit role.

Explain your process for staying updated on both local and international regulations, discussing your methods for monitoring changes and implementing necessary adjustments. This emphasizes your diligence and adaptiveness in compliance management.

Articulate your leadership style and how it aligns with motivational strategies for an audit team. Provide examples of how your style has fostered collaboration, skill development, and high performance in previous teams.