Senior Manager, Internal Audit in Bellevue, Washington at TerraPower

TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure, and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPowers mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the companys activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications all for significant human health benefits.

TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes. TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

Senior Manager, Internal Audit

We are seeking an experienced Manager of Internal Audit and Compliance to join our team. This role will be scaling the SOX compliance framework and internal control program to ensure efficient, and audit-ready control environment. This critical role will uplift internal audit processes, ensure compliance with government regulations, and risk mitigation solutions and ensure the organization adheres to all applicable laws, policies, and contractual obligations. The ideal candidate will possess strong leadership skills, deep knowledge of internal audit framework, government contracting regulations, audit, risk, controls, and a proven track record of driving compliance excellence while managing risks across various functions.

Responsibilities

• Control Environment and Implementation
• Evaluate and design key controls (manual and automated) for financial reporting
• Partner with Finance, Accounting, and business teams to identify key processes and document controls
• Identify gaps and implement remediation plans to address control deficiencies
• Define and oversee the SOX testing strategy, ensure readiness for certification and external audit reliance

Audit Management:

• Lead and manage internal and assist external audit activities, including planning, execution, and reporting. Coordinate with internal auditors and external auditors and government agencies to ensure that audits are conducted in a timely and efficient manner.
• Perform data analytics scope including collection of data, analyze data to identify trends, patterns, anomalies, and extra meaningful insights. Perform other internal audit scope as determined by management or audit committee.
• Compliance Oversight : Ensure compliance with federal, state, and local regulations, including the Federal Acquisition Regulation (FAR), Defense Contract Audit Agency (DCAA) regulations, and other relevant industry standards. Ensure complete and accuracy of billings, and evaluating cost compliance in accordance with contractual requirements and all Government regulations
• Risk Management: Identify, assess, and manage potential compliance, financial, operational, and regulatory risks. Develop and implement strategies to mitigate risks and ensure the organization is protected from potential liabilities.
• Lead risk assessments and collaborate with various departments to evaluate and address emerging risks across the organization.
• Develop and implement corrective actions to mitigate risk exposure, including enhancing internal controls and refining business processes.
• Policy and Procedure Development: Develop, review, and update compliance and risk management policies and procedures to ensure alignment with current regulatory requirements, industry best practices, and organizational goals. Ensure that all policies are consistently followed across the organization.
• Training and Guidance: Provide training and guidance to staff at all levels regarding audit, compliance, and risk management requirements. Ensure the organization remains informed of new or evolving regulations and industry standards.
• Reporting and Communication: Prepare comprehensive audit, compliance, and risk management reports for senior leadership, audit committee, highlighting key findings, risks, and recommendations for corrective actions. Communicate effectively with internal and external stakeholders regarding compliance and risk matters.
• Continuous Improvement: Identify areas for improvement in internal controls, risk management processes, and audit methodologies. Drive initiatives to enhance operational effectiveness, efficiency, and compliance. Scale the program to support company growth, new systems.
• Internal Risk Monitoring: Monitor ongoing projects and operations for risk-related issues, identifying areas where the company may be exposed to non-compliance, financial risks, or operational inefficiencies. Develop action plans to address those issues proactively.
• Collaboration with and reporting to Senior Leadership: Work closely with senior leadership to ensure the alignment of risk management strategies with overall business objectives and to help drive a culture of compliance and risk awareness throughout the organization. Work cross functionally with PMO, Procurement, Contracts, Legal, business stakeholders, and customers to resolve issues. Provide guidance to internal stakeholders on cost allowability matters, compliance with FAR, CAS and other applicable Federal regulations; identifying unallowable cost according to government rules and/or contract terms; researching guidance when necessary

Key Qualifications and Skills

• Minimum 12 years experience in an Internal Audit or other relevant position
• Deep knowledge of SOX 404, ICFR, and COSO internal controls framework
• Strong project management and execution skills; Ability to operate both strategically and hands-on; Excellent communication and executive presence; Ability to operate both strategically and hands-on.
• Undergraduate degree in Finance or Accounting
• Analyze and evaluate the effectiveness of internal controls, accuracy of financial records, and operational efficiency to support informed decision-making by management.
• Review accounting and statistical records across departments and conduct interviews to ensure accurate transaction recording and compliance with relevant laws and regulations.
• Assess the efficiency and integrity of accounting systems, identifying opportunities to enhance their protective and functional value.

Job Functions:

Job Functions are physical actions and/or working conditions associated with the position. These functions may also constitute essential functions for the job which the employee must be able to fulfill, with or without accommodation. Information provided below is to help describe the job so that the applicant has a reasonable understanding of the job duties/expectations. An applicant's ability to perform and/or tolerate these actions and conditions will be discussed and workplace accommodations may be made on a case-by-case basis following an individualized assessment of the applicant and other considerations, including but not limited to any governing safety standards.

• Motor Abilities: Sitting for extended periods, bending/stooping, grasping/gripping, fine motor control (hands)
• Physical exertion and/or requirements: Minimal, with ability to safely lift up to 25 pounds.
• Repetitive work: Prolonged
• Special Senses: Visual and audio focused work
• Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hours/day
• Travel required 0-10%

TerraPowers technology is controlled for export by various agencies of the U.S. Government. TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements. To facilitate TerraPowers export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States. Government export authorization approval times vary. Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval.

Job details

Salary Range 13: $196,537 - $294,806

* We typically place offers in the lower to middle portion of the range to maintain internal equity and allow room for growth. Any salary offered within the posted salary band is based on market data and commensurate with the selected individuals qualifications experience. This range is specific to Washington State.

Benefits:

• Competitive Compensation
• Salary, eligible to participate in discretionary short-term incentive payments
• Comprehensive Medical and Wellness Benefits
  • Medical
  • Vision
  • Dental
  • Life and Disability
  • Gender Affirmation Benefits
• Parental Leave
• 401k Plan
• Generous Paid Time Off (PTO)
  • 21 days of annually accrued PTO
• Generous Holiday Schedule
  • 10 paid holidays
• Relocation Assistance
• Professional and Educational Support Opportunities

TerraPower Career and Benefits information: https://www.terrapower.com/contact-us/careers/