General Electric Audit Manager, Operations - Healthcare in Chicago, Illinois
Job Description Summary
GE is in the midst of a significant and public transformation of its portfolio, leadership, operations and culture. One of the top priorities within this transformation is the Internal Audit function. GE is currently evolving the function, focusing more on the development of deep, data-driven, modern audit expertise and experience to serve as a true business partner for the audit committee and executive leaders, while still maintaining its commitment to talent development, both within and outside the function.
A key dimension of this role will be to coordinate with the Director, GE Healthcare to manage the audit process for assigned audits, including risk assessment, planning, audit execution and reporting results for GE Healthcare, including:
• Collaborate with GE Healthcare leadership to identify and evaluate risks and drive a risk-based audit approach.
• Identify systemic root causes from one audit to the next, to assist with end to end remediation and strategic adjustment.
• Act as a trusted advisor to the CAE and Director for the implementation and maintenance of a world-class, modernized Internal Audit function.
Oversee assigned audits and delivery of findings/ recommendations for Operational & Financial risks covering product lifecycle wing to wing, from Product development to Manufacturing and Distribution, including areas around Quality and Sourcing & Planning. This role will be more heavily focused on Operational risks than Financial / Accounting areas.
Collaborate with the Audit team for Technology and Cyber to ensure fully integrated audits
Oversight may include:
Managing audit teams in (1) executing risk assessments and risk-based, business-wide audits plans, that use Lean principles, in a timely manner, (2) clearly defining the objectives and scope of each review, (3) employing critical thinking and appropriate testing methodologies, and (4) sharing detailed findings and recommendations to mitigate risk; OR
Engaging in audit activities , such as (1) executing risk assessments and risk-based, business-wide audits plans, that use Lean principles, in a timely manner (2) clearly defining the objectives and scope of each review, (3) employing critical thinking and appropriate testing methodologies, and (4) sharing detailed findings and recommendations to mitigate risk.
Scope and deliver risk-based audits, including writing audit reports, communicating findings and working with management to develop action plans to remediate findings and track corrective actions through to completion.
Keep IA leadership updated regarding audit progress and outcomes on a regular basis.
Participate in meetings with client contacts and stakeholders – to review key concepts, gaps or issues with risk management and control design elements, support and conclusions.
Identify key control issues and emerging risks, and work with management to ensure timely and effective remediation through the implementation of efficiencies, automation and data analytics.
People Managers supervise the daily work activities of Senior Auditors and Auditors, with a direct reporting line, and are responsible for the following:
Audit administration activities, including staffing, scheduling, team leadership, budget management, and coordination with stakeholders to ensure the timely completion of the audit plan.
Attract, recruit, develop and retain a high performing Internal Audit team. Mentor, coach and teach, as needed, including developing people for career opportunities and advancements within General Electric. Develop, update and maintain talent development, training and succession plans for the department.
Provide performance feedback for both direct reports and team members assigned to audits that you are overseeing, and with whom you interact daily (who may not report directly to you)
Demonstrate, encourage and recognize a continuous improvement mindset in the audit function; stay abreast of new and emerging regulations and trends that impact the risk function; identify and integrate best practices; Drive operational excellence through the delivery of readily available tools and resources.
Support an equitable and inclusive environment where people can bring their full selves to work and unlock their greatest potential and contributions to the team.
YEAR ONE CRITICAL SUCCESS FACTORS
Develop an understanding of the General Electric Company, the strategy and vision of the Company’s transformation, to ensure the Internal Audit organization is contributing to the Company’s progress forward.
Support the GE Healthcare Director to build and maintain a strong, technical, data-driven modern audit function and team.
Gain credibility and build trust with immediate team members (Director(s), Senior Auditor(s) and Auditor(s)); personify a positive attitude and desire to contribute to the success of the new Internal Audit organization and General Electric.
PROFESSIONAL EXPERIENCE/SUCCESS PROFILE
A Bachelor's (in "STEM" Majors, Finance or Business Administration) is preferred
A Master’s degree is a plus
Green or Black belt certification is a plus
Minimum of 5 years in management roles
Knowledge and experience in key operational areas, including Sourcing & Planning, Logistics, Product Quality and Manufacturing processes
Lean process understanding
Excellent listening, verbal, written and presentation communication skills
Strong project management skills and/or track record of leading an audit or project
Proven track record of relationship development and management with executive stakeholders
Strong leadership skills, including experience in identifying and developing high-performing talent
Problem solving skills that demonstrate logical and analytical thought processes
Uses a data-driven, digital, modern audit or project approach; continuously advocates for the use of technology and data
Ability to synthesize and communicate complex topics to both business stakeholders and IA team members
Ability to flex personal style according to the context of a situation to drive engagement with all stakeholders
Working conditions: Is open to travel depending on the current state of affairs
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer (https://assets.phenompeople.com/CareerConnectResources/GE11GLOBAL/en_global/desktop/assets/images/poster_screen_reader_optimized_w_supplement.pdf) . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: No