Director, Internal Audit

San Rafael, CA

Employer:

Description

Who We Are

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.

Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best - people with the right technical expertise and a relentless drive to solve real problems - and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we've produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

About Corporate Groups

It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.

BioMarin Internal Audit is committed to helping BioMarin achieve its full potential in transforming patient's lives by minimizing overall company risk. We pride ourselves in being objective and independent of the areas we assess, while maintaining our commitment to advance the organization. We provide independent assurance to the board of directors and management. Our disciplined approach evaluates the effectiveness of BioMarin's risk management, control and governance processes. We also assist with proactive advisory projects. An open and transparent partnership helps us develop the appropriate context and understanding of the issues at hand, minimize surprises, and drive greater value in the outcomes.

In carrying out our mission, we pledge to:

Be a trusted partner
Lead with integrity & enthusiasm
Focus on what matters
Share industry practices

As part of our mission, we also aim to provide valuable business insights (covering governance, risk, and control, and beyond), and we are building an audit data analytics platform to support in pro-actively identifying potential indicators for non-compliance, fraud and waste.

Director, Internal Audit:
This role supports the Head of Internal Audit, and the Director will oversee or lead audits to evaluate the design and effectiveness of systems of internal control while also evaluatingthe adequacy of financial, compliance and/or operational controls, including company policies and procedures.

The Director will be instrumental in building a world-class and global internal audit function, a function that provides assurance and advisory services regarding BioMarin's governance, risk and control effectiveness.

The Director must demonstrate significant experience with assessing risk and demonstrate excellence in designing and implementing a risk-based approach to internal auditing in a rapidly growing, highly innovative environment. The Director effectively partners with his or her business stakeholders on audit planning, execution, and observation remediation, and is hands-on in the conduct of audit from scoping the engagements through performing quality assurance.

Responsibilities:

The position of Director reports to the Head of Internal Audit. The major responsibility of this position is business partnering, risk assessment, planning, oversight of engagement execution, quality of audit results, as well as strengthening relationships with the business stakeholders.

Annual and on-going audit planning:

Meet with executive level personnel to understand risks and business priorities
Conduct risk assessments (financial, operational, strategic, compliance), and develop a risk-based audit plan
Present to - and engage with - executive level personnel on audit planning and priorities

Planning the audit:

Oversee preliminary process risk assessment, and develop the scope and objectives of the audit
Oversee / conduct data analytics to support planning, scoping
Meet with executive level personnel to understand risks and priorities of the audit
Coordinate with external subject matter experts, as appropriate

Conducting the audit:

Ensure the audit is executed with high quality, on time and on budget, including work performed by third party subject matter resources
Perform quality self-review or review of staff work for accuracy, clarity, completeness, and adherence to program and audit techniques employed
Oversee / conduct data analytics to support conclusion
Escalate any critical audit issues to the Head of Internal Audit and appropriate management
Communicate issues and root causes to executive management and gain consensus on the path forward
Collaborate with management to develop risk-based response and action plan; this will often include facilitating a strategic assessment of options and costs-benefits
Be able to fully evaluate risks and exposures and risk-rank issues accordingly
Develop CEO/Audit Committee level deliverable, including sophisticated analysis of risk & exposure

Other:

Participate in or lead enterprise risk assessment activities, and oversee and conduct other audit engagements, including advisory engagements
Build / enhance Internal Audit's data analytics capabilities through collaborating with other teams, the Global Compliance & Ethics team, and business stakeholders
Participate in and support special reviews or investigations at the request of Global Compliance & Ethics personnel, senior management, or the Audit Committee
Maintain existing certifications and seek further certification where appropriate

Education:

Bachelor's degree required
One or more of Certified Internal Auditor, Certified Public Accountant, Certified Information Systems Auditor, or Certified Fraud Examiner required

Relevant Experience:

10+ years in public accounting, internal audit or advisory for a big four firm, or a combination of big four firm and internal audit with a global corporation.
4+ years of Biotech/Pharmaceutical/Life Science experience preferred.

Essential Skills:

Ability to work with ambiguity, and respond to a rapidly changing, highly innovative environment
Demonstrated risk assessment and management skills

Excellent presentation skills - candidate must be skilled and comfortable with presentations to executive management. Professional savvy and ability to interact with executive level management personnel
Proactively seeks knowledge, new task, and responsibilities. Highly self-motivated and able to work independently
Experience managing staff
Ability to work with a variety of personalities and working styles
Knowledgeable in SAP and other ERP systems, and related automated internal controls or general computing controls
Working knowledge of Data Analytic tools such as Power BI, exposure to AI/ML techniques
Ability to organize projects and work responsibilities, prioritize, and meet deadlines
Ability to travel app. 10-20% of the time

Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

Equal Opportunity Employer/Veterans/Disabled

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

In the U.S., the salary range for this position is $ 176,000 to $ 264,000 per year, which factors in various geographic regions. The base pay actually offered will take into account internal equity and also may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors. A discretionary bonus and/or long-term incentive units may be provided as part of the compensation package, in addition to the full range of medical, financial, and/or other benefits, dependent on the level and position offered.

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