Senior Manager, Internal Audit
About the Company:
Avalon Healthcare Solutions, headquartered in Tampa, Florida, is the world’s first and only Lab Insights company, bringing together our proven Lab Benefit Management solutions, lab science expertise, digitized lab values, and proprietary analytics to help healthcare insurers proactively inform appropriate care, reduce costs, and improve clinical outcomes. Working with health plans across the country, the company covers more than 36 million lives and delivers 7-12% outpatient lab benefit savings. Avalon is pioneering a new era of value-driven care with its Lab Insights Platform that captures, digitizes, and analyzes lab results in real time to provide actionable insights for earlier disease detection, ensuring appropriate treatment protocols, and driving down overall cost.
Studies show that 30% of clinical laboratory testing is unnecessary or overused. Inappropriate testing or missing a key screening can lead to complications and expense arising from unwarranted care, or not obtaining proper care when needed, leading to increased health risks and costs. Avalon helps ensure delivery of the right test, at the right time, and in the right setting. We seek to ensure the most effective patient treatment, improve clinical outcomes, and optimize cost and affordability.
Avalon is a portfolio company of Francisco Partners, a global private equity firm that specializes in investments in technology and technology-enabled service companies.
Avalon is a high growth company where every associate has an opportunity to make a difference. You will be part of a team that shapes a new market and business. Most importantly, you will help Avalon to achieve its mission and improve clinical outcomes and health care affordability for the people we serve.
For more information about Avalon, please visit www.avalonhcs.com.
Avalon Healthcare Solutions is proud to be an equal opportunity employer including disability/veteran. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
About the Senior Manager, Internal Audit Position:
The Senior Manager of Internal Audit helps to identify and manage risks by giving advice to and supporting Avalon’s management on the organization, methodology, functioning and execution of internal audit. The Senior Manager also provides critical, independent, clear, and practical advice to determine the right processes and internal controls in order to improve and optimize the business processes.
The Senior Manager of Internal Audit reports to the Senior Vice-President of Internal Audit. Avalon’s internal audit management staff are expected to uphold the highest standards of accountability, company goals and objectives, and system efficiency. The Senior Manager of Internal Audit sets the scope of work and audit objectives and ensures audit objectives are met in a timely manner.
Senior Manager, Internal Audit - Essential Functions and Responsibilities:
- Manage and conduct audits to support the department’s objective to provide management and the board assurance that business and technology risks across the organization are being managed.
- Understand and adhere to IIA professional auditing standards, where appropriate.
- Collaborate cross functionally throughout the organization for key projects, investigations, acquisitions, and integrations, as necessary.
- Provide risk management and internal control leadership and support regarding effective operating and designed controls, risk mitigation strategies and overall compliance with Avalon’s policies and procedures; understand the key components of risk within the business and ensure these areas are reviewed and tested as appropriate.
- Provide recommendations and assist in the remediation efforts of control deficiencies. Follow up with control owners to ensure remediation is on track as planned. Perform audit procedures to confirm remediation.
- Participate in major business initiatives, including critical system implementations, and pro-actively advise and facilitate adoption of best practices in governance, risk, and control.
- Manage and review all test work, including the internal control environment and promoting continuous enhancements and improvement of financial and operational controls, processes, and system capabilities.
- Manage audits of Avalon’s internal departments; determine nature of operations and formulate objective opinions on the adequacy, effectiveness, efficiency and compliance of systems or programs reviewed.
- Verify and analyze transactions, management representations, documents, and records, methods of reporting, receipts, disbursements, etc. for adequacy, effectiveness, errors, irregularities, and inconsistencies.
- Plan and implement audit process improvement opportunities through use of technology, data analytics and best practices.
- Perform data analysis using audit software.
- Prepare and present written audit reports with recommendations on audit findings and follows up on the status of findings and recommendations.
- Prepare and review work papers, correspondence, and final reports.
- Define problem areas, analyze data and or situations, draw logical conclusions and recommend effective courses of action.
- Perform annual risk assessment during audit planning and development of the audit strategy, audit plan and audit scope.
- Professionally communicate both verbally and in writing and prepare formal presentations with executive summaries and recommendations.
- Hire, develop, and manage a high performing audit team whose consultation and advice are sought out by the organization as it conducts activities to improve compliance and performance.
- Communicate effectively both orally and in writing including preparing comprehensive work papers, clear and concise audit reports, and financial statements.
- Perform other specialized duties related to Internal Audit operations
Senior Manager, Internal Audit - Minimum Qualifications:
- 10 years experience in positions performing internal audits and/or external audits with Big 4 experience
- Bachelor's degree in Business or a related field
- Certified or working towards a professional certification as a CIA, CIDA, CPA, CRCM or CISA.
- Knowledge of theory, principle, and practice of auditing, including the methods and procedures used to examine, verify, and analyze operational records, statements, and reports.
- Knowledge of the Standards for the Professional Practice of Internal Auditing (Institute of Internal Auditors).
- Excellent written and oral communication skills, with the proven ability to present and explain complex information and suggest process improvements to diverse audiences.
- Ability to effectively establish and maintain working relationships with peers, senior leadership, and all levels of the organization, with a positive and professional image.
- Proficient in the use of Microsoft Office products including Excel, Word, PowerPoint, and Visio
- Expert knowledge of business operations.