Position Summary

Manages the examination and evaluation of the adequacy and effectiveness of the Company’s governance, risk management processes (particularly those associated with SOX 404),  system of internal controls and the quality of performance in carrying out assigned responsibilities to achieve the Company’s stated goals and objectives.  Reports to the chairman of the Audit Committee of the Board of Directors with a dotted line to the CFO.

Essential Job Functions

Manage the Sarbanes Oxley section 404 compliance efforts for the Company. This includes: maintenance of internal control documentation, annual testing of key controls for effectiveness, consulting on control design or control deficiency remediation efforts, and preparation of annual reports on internal control.

Develop a flexible annual Internal Audit plan using an appropriate risk based methodology, consistent with Committee of Sponsoring Organizations (COSO) Internal Control Framework, including any risks or control concerns identified by management, and submit that plan to the Audit Committee for review and approval annually.

Conduct Internal Audit reviews of Company locations, departments, systems, subsidiaries, joint ventures, third-party contracts or key processes at appropriate intervals to determine whether the controls are properly designed and functioning as intended. Internal Audit will conduct compliance, consulting, investigative and other reviews upon request and/or as deemed necessary.

Conform to the Institute of Internal Auditors (IIA) Code of Ethics and Statement of Responsibility. Audits will be performed in accordance with the Standards for the Professional Practice of Internal Auditing.

Maintain a professional audit staff or hire contract resources with sufficient knowledge, skills, experience and professional certifications (CPA, CIA, CISA and/or CFE) to meet the requirements of this Charter.

Report significant issues related to the processes for controlling the activities of the organization and its affiliates, including potential improvements to those processes, and provide information concerning such through resolution.

Coordinate the scope of Sarbanes Oxley and Internal Audit work with the external auditors and regulators as appropriate, for the purpose of providing optimal audit coverage to the Company at a reasonable overall cost.

Keep the Audit Committee informed of emerging trends and successful practices in internal auditing.

Monitor the Company’s compliance hotline activity and report all matters to the Audit Committee on a quarterly basis or more frequently as necessary.

Assist in the investigation of significant suspected fraudulent activities within or outside the Company and notify management and the Audit Committee of the results.

Qualifications

Education and Experience:  Bachelor’s degree in accounting from an accredited college or university and a minimum of five (5) years of audit experience with two (2) years of supervisory experience required or an equivalent education and experience combination.  MBA or CPA preferred.

Supervision: Proven ability to effectively lead and direct staff, and external resources.  Decision making on routine decisions including budget development and allocation, resource expenditure, staffing levels and policies and procedures.

Language Skills: Ability to read, analyze, and interpret  complex documents such as  scientific and technical journals, financial reports, and legal documents.  Ability to effectively present information to top management, public groups, and the board of directors.

Reasoning Ability: Ability to apply principles of logic or judgment to a wide range of intellectual and practical problems in proportion to circumstances. Ability to directly, or through others, develop a strategic plan based on a keen understanding of customer insights into a logical plan of action.  Ability to deal with a variety of abstract and concrete variables.

Other Required Skills: Proficient in Microsoft Office software; strong organizational and time management skills; must be able to maintain confidential information

Scope and Responsibility: Responsible for all internal audit and internal control activities at U.S. Concrete.

Physical Demands

While performing the duties of this job, the incumbent is regularly required to sit, walk, talk, hear and occasionally travel domestically.

Specific vision abilities required include close vision, distance vision, peripheral vision, depth perception and ability to focus.

Work Environment

The incumbent normally works in an office environment, but during investigations is occasionally required to be exposed to operating equipment and outdoor weather conditions. 
Manager of Internal Audit, Euless, TX – (Euless)