Vice President, Audit and Controls

Get started on an exciting career at Element!

Element employees make a difference in the lives of others every day. We are redefining the fleet management industry to be people first then business delivering on our promise of a superior client experience. This takes hard work and innovation and we need more likeminded people on our team.

VP Internal Audit and Controls

The VP of Internal Audit & Controls is responsible for leading the organizations independent audit function to ensure robust risk management compliance and governance processes across the organization. This includes overseeing the development and implementation of comprehensive audit strategies enhancement of internal controls frameworks and ensuring compliance with regulatory reporting standards and approaches. This position is responsible the maintaining the departments independence while partnering with the organization to drive positive change in an effective control environment. This role reports into the Audit Committee Chair.

The preferred job location is Owings Mills MD. Candidates with strong relevant experience based in Hopkins MN or Mississauga or Toronto are welcome to apply.

Principal Duties and Responsibilities:

Internal Audit Activities:

• Lead the development of the annual internal audit plan to be approved by the Audit Committee of the Board of Directors
• Oversee internal audit engagements across the organization including driving the overall audit strategy and framework planning process implementation and ongoing sustainment activities.
• Implement a framework that complies with the Institute of Internal Auditors Global Standards
• Ensure quality of internal audit deliverables identifying key risks issues and root cause recommendation for remediation practical and scalable management actions
• Validation of implementation of management action plans
• Lead Whistleblower investigations in partnership with Legal and Human Resources
• Partner with senior leadership to provide insights that enhance operational efficiency cost control and risk mitigation.

Internal Controls over Financial Reporting Program Sarbanes Oxley Readiness or Canadian National Instruction52109:

• Oversee the key ICFR activities including conducting materiality risk assessment and scoping activities endtoend process walkthroughs conduct tests of design and operating effectiveness deficiency analysis and remediation support.
• Communicate and Partner with External Audit to maximize reliance on managements ICFR activities.

Strategic and Innovation Leadership:

• Regularly conduct ongoing research to ensure Element is aligned to Audit industry best practices and standards.
• Develop a high performing team of innovative and clientcentric individuals.
• Consistently embodies Elements Purpose and Values accountable for driving and delivering positive employee engagement and outcomes.
• Develop and lead by example an inclusive culture that demands and rewards high performance exceptional teamwork across the entire organization and consistent delivery on the commitments made.

Executive and Board Reporting:

• Oversee the preparation collation and review of audit executive and board reports ongoing business monitoring (against our performance metrics) and other key deliverables.
• Provide subject matter expertise / advisory on all things Audit across the organization including recommendations and action plans.
• Acts as the primary escalation point internally and externally for Audit related matters with high priority focus.

Required Qualifications:

• Certified Internal Auditor (CIA) certification or equivalent
• Bachelors degree in accounting Finance Business Administration or related field (masters degree preferred)
• Minimum 12 years in an accounting or public company experience in internal audit controls risk management or related field
• Deep knowledge of internal audit standards regulatory requirements and frameworks
• Software proficiency in Microsoft applications (including Word Excel PowerPoint Outlook)
• Ability to lead teams and influence without authority across internal / external key stakeholders.

Knowledge and Competencies

• Strong level of business management knowledge with extensive Internal Audit experience
• Knowledge of the external environment (risk regulatory geopolitical competitor etc.)
• Able to challenge the status quo constructively and positively leading relevant strategies that will enable the safe growth of Element.
• Strong written and verbal communication skills with ability to read and understand regulatory communications able to effectively articulate compelling arguments positions strategy and vision.
• Strong enterprise mindset financial acumen and customer centricity to navigate complexity and support the broader growth aspirations of the business leverage strategic analysis of data to inform business decision making.
• Demonstrated ability to transition between strategic and operational aspects to deliver on growth driving innovation / change to improve the business model.
• Demonstrated critical thinker that can offer innovative solutions to meet client needs and provide a consistent and superior customer experience.
• Strong understanding of current technologies to drive business strategies and objectives
• Seasoned change agent leader ability to influence and partner crossfunctionally within the organization and externally to drive effective updates / changes improve performance outcomes. Strong relationship management and influence capabilities highly clientcentric focused
• Seasoned people leader with ability to recruit retain develop discipline and motivate a team.
• Energetic flexible collaborative and proactive; a seasoned team leader who can positively and productively impact both strategic and tactical financial and administration initiatives.
• Exceptional written oral interpersonal and presentation/communication skills and the ability to effectively interface with senior management customers and team members.
• Strong process improvement skills and demonstrated ability to influence and optimize processes to drive business synergies and productivity.
• Excellent judgement and creative problemsolving skills including negotiation and conflict resolution skills.

The hiring base salary range for this position is $200000 $240000 annually. Actual compensation within this range will be dependent upon the individuals knowledge skills experience equity with other team members and alignment with market data.

Whats in it for You
A culture of innovation empowerment decisionmaking and accountability
Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness
Additional benefits and amenities including paid timeoff programs (vacation sick leave and holidays)

Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.

Element Fleet Management and its wholly owned subsidiaries are an equal opportunity employer committed to diversity equity inclusion and belonging. We are pleased to consider all qualified applicants for employment without regard to race color religion gender identity age sex sexual orientation disability national origin Aboriginal/Native American status protected veterans status or any other legallyprotected factors. Disabilityrelated accommodations during the application and interview process are available upon you require an accommodation with our hiring process please send an email to or call (800).

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