Corporate Audit Director

About Asbury

Asbury Automotive Group (NYSE: ABG) is a Fortune 500 company and one of the largest franchised automotive retailers in the United States. We are redefining the traditional dealership model through innovative technologies such as Clicklane and through our commitment to our team members, guests, and partners. Our culture which is grounded in our North Star and Compass and powered by our DRIVE values, focuses on the vision of becoming the Most Guest Centric Automotive Retailer. At Asbury, we work together to provide exceptional experiences for our guests while promoting a fun, supportive and inclusive environment where team members can thrive both personally and professionally. Based on our efforts, we have been recognized as one of the best places to work by both Newsweek and US News & World report.

Asbury is relocating its corporate headquarters to Sandy Springs, GA in Fall of 2025. Upon completion of our headquarters' relocation, this role will be based in our Sandy Springs, GA office.

Responsibilities:

• Performs audits of dealership operations, evaluating conformance with GAAP, laws, regulations and company policy, with particular focus on consumer, lender and OEM protection policies, and investigates serious allegations of violations of the same.
• Conducts reviews of organizational and functional activities, audits of third parties and investigations as assigned.
• Documents and evaluates the design and effectiveness of key controls supporting management's opinion of internal controls over financial reporting at both the corporate and dealership levels.
• Audits dealership functions to support SOX program goals.
• Investigates allegations of financial crimes, theft, kickbacks, and other misconduct affecting the Company.
• Investigates alleged violations of the Code of Business Conduct and other important Company policies
• Leads, plans and executes audits in accordance with IIA professional practice standards.
• Recruits, interviews, and hires Audit Professionals, as necessary.
• Reports audit findings and makes recommendations for correcting unsatisfactory conditions, improving processes, and reducing costs.
• Maintains effective working relationships with executive and operating management.
• Leads assigned staff and establishes standards of performance and, by review, determines that staff members meet the performance standards.
• Provides executive management with reports on audit coverage and the results of audit activity, and adjusts audit activity to improve the audit program and the audit coverage.
• Establishes and monitors accomplishments of objectives directed toward increasing the Internal Audit Department's ability to serve management.
• Assists with ongoing risk assessments and development of the overall audit plan.
• Identifies activities subject to coverage, evaluates their significance, and the degree of risk inherent in the activity.
• Schedules audit area, staff, and budgets considering cost and efficiency.
• Plans the approach and scope of audits, and develops risk-based audit programs for dealership and corporate audits.
• Review auditor workpapers and reports and corrects issues prior to submitting to Chief Audit Executive.
• Determines the auditing procedures to be used, including statistical sampling and the use of computer-assisted audit techniques.
• Determines alternative methods to test or review when audit results indicate that there may be reporting, theft, or other serious issues.
• Obtains, analyzes, and appraises evidentiary data as a basis for an informed, objective opinion on the adequacy and effectiveness of the system of control.
• Maintains Sarbanes-Oxley documentation and testing programs.
• Coordinates Walkthroughs as assigned, as well as, dealership and corporate SOX testing with the Company's External Auditor.
• Coordinates with external auditors to provide assistance with both the financial statement audit and audit of controls over financial reporting.
• Makes, or assists in making, oral or written presentations to management during and at the conclusion of the examination, including discussing deficiencies, recommending corrective actions, and suggesting improvements in operations and reductions in cost.
• Prepares detailed workpapers that support the audit findings and submits accurate audit reports in a timely manner.
• Develops accurate Audit Reports that concisely communicate audit results to Executive Management and Department Heads.
• Makes value-added recommendations to management to help them achieve their organizational objectives.
• Prepares formal written reports expressing opinions on the adequacy and effectiveness of the system of control.
• Appraises the adequacy of the corrective action taken to implement recommendations.
• Leads educational sessions with management and key dealership area contacts on risks, controls, and dealership SOX testing.
• Participates in reviews of dealership SOX controls with Asbury's Chief Accounting Officer and other Company Directors on an annual basis, to help ensure management has updated the dealership SOX controls for the current year.
• Keeps current on technical developments in the field especially as they relate to internal audit. Participates in enhancing the status of the Internal Audit Department

Requirements:

• Undergraduate degree in accounting, or a Master's degree in accounting with a different major for Bachelor's degree.
• Active CPA License.
• Ten-year minimum internal audit or equivalent experience.
• Expert knowledge of internal auditing, regulatory and operational risks, accounting, financial, and operational controls in an automotive retail environment.
• Proficiency in information technology general controls, Generally Accepted Accounting Principles and Institute of Internal Auditors Professional Framework.
• Experience with Sarbanes-Oxley documentation and testing.
• Keen attention to detail.
• Excellent written and verbal communication skills.
• Adept at leading, supervising, training, and coaching professional staff.
• Strong personal computer skills and experience working with computer assisted audit techniques and ERP systems.
• Ability to clearly and concisely communicate audit results to Executive Management and Department Heads.
• Ability to present ideas in business-friendly and user-friendly language.
• Ability to successfully Partner with Senior Management and Department Heads.
• Ability to provide strategic direction to the Dealership Audit Team, including developing the annual Dealership Audit Plan.
• Willing to travel up to 50%.

Pay and Recognition:

• Weekly pay
• Paid holidays & paid time off
• Deferred Holiday Pay Match
• Paid training
• Stock Awards (select management and front-line team member's eligible)

Insurance / Retirement:

• Insurance: medical, vision, dental, accident, critical illness and hospital indemnity plans
• Up to 12 weeks paid pregnancy leave (disability leave)
• Paid Parental Leave
• Health savings
• Flex spending accounts (tax free)
• Short-term and Long-term disability plans
• Life Insurance (Whole Life and Term)
• 401k with company match

Learning, Tuition Assistance and Career Development:

• Digital career path tool to assist with career development
• Continuous training through Asbury's Internal Learning Management System

Professional growth and development opportunities Additional advantages:

• Student loan relief resources
• Employee assistance program
• Employee discounts on parts and service repairs
• Scholarship awards
• Opportunities to join our community service initiatives, which includes paid volunteer hours
• Aggressive Employee referral program with bonus opportunities

INDOTHER

Asbury Automotive Group is an equal opportunity employer. We provide equal employment opportunities to all individuals regardless of their race, color, religion, sex, national origin, age, disability, pregnancy, sexual orientation, gender identity, genetic information, or any other protected category as defined by applicable laws. We prohibit discrimination or harassment based on any of these characteristics and affirm our commitment to fostering an inclusive and diverse workplace.

Other details

• Job Family Audit
• Pay Type Salary

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