Senior Associate, Private Debt Internal Audit

POSITION SUMMARY:

The Senior Associate role in Internal Audit is responsible for assessing, documenting, and testing the control environment as Audax Private Debt moves towards SOC1 certification.  This position will include the following responsibilities:

RESPONSIBILITIES:

• Participation in status meetings with external audit firm(s) as well as partnering with Finance, IT, and Compliance.
• Adhere to the internal framework for monitoring the in-scope activities of the SOC 1 program.
• Demonstrate an understanding of Finance, IT, and Compliance processes to proactively identify and evaluate scope changes to SOC reports based on changes in organizational alignment, product offerings, and technology
• Provide recommendations to Internal Audit management to address control gaps or testing exceptions, and develop remediation, as necessary
• Assess the design and conduct testing of various control areas within finance, operations, and information technology, including documenting work performed.
• Review subservice organization SOC 1 and/or SOC 2) reports to assess the adequacy of the vendor’s control environment.
• Review SOC report drafts and recommend changes in line with AICPA guidance.
• Participate in various SOC strategic initiatives and projects, as assigned
• Responsible for contributions toward the successful completion of the annual SOC 1 Type 1 certification and subsequently, Type 2 certification.
• As the firm grows, participate in the development of the internal audit function broadly

REQUIREMENTS/QUALIFICATIONS:

• BS or BA degree required
• Ideal candidate has 3-6 years of audit experience in public accounting or internal audit
• Must have SOC1 experience (either in an audit capacity or in-house)
• Background in Finance/Information Technology controls
• CPA, CIA, or CISA a plus
• Preferred industry experience includes Financial Services, Banking and/or Insurance
• Asset manager, in particular, Private debt experience, a major plus
• Excellent analytical, client service, time management, and communication skills
• Ability to multi-task and manage projects in a fast paced environment
• Proficiency in developing, evaluating, and testing internal controls
• A proven self-starter who can manage long term projects
• 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