Audit and Compliance Specialist

The Audit & Compliance Specialist will be responsible for evaluating the effectiveness of the company’s internal controls, risk management processes, governance practices, as well as administering the Corporate Insurance Program.

This position supports the planning, development, and execution of the annual audit plan which includes Internal Operational, Dealer, and Vendor Audits. Audit activities include analyzing financial and operational processes, identifying areas for improvement, and ensuring compliance with company policies, contractual, and regulatory requirements.

Insurance administration activities include liaising with insurance brokers, underwriters, and internal stakeholders to maintain optimal insurance policies that align with the company’s needs and compliance requirements.

Principal Functional Responsibilities

Audit Planning and Execution:

• Develop risk-based audit plans to evaluate financial, operational, and compliance related controls
• Support Operational, Vendor, and Dealer audits through planning, fieldwork, and reporting stages
• Identify areas of risk and recommend opportunities for improving internal controls to ensure adequate risk management processes are in place
• Prepare and present final Audit reports to Management and Executive leadership as needed
• Follow up with the business on outstanding compliance and risk issues to ensure that countermeasures have been implemented
• Strengthen dealer network awareness and compliance with CH/ HFS policies and procedures;
• Build and strengthen dealer audit process
• Develop a solid understanding of Honda governance policies and provide education or guidance to the business when necessary
  
  

Insurance Policy Administration

• Support administration of all corporate insurance policies, including, liability, cyber, property, marine, and other specialized insurance coverages
• Support coordination of policy renewals, ensuring timely and accurate submission of all required documentation
• Maintain comprehensive records of all insurance policies, certificates of insurance, and related documents
• Prepare and submit required reports and documentation to our Insurance Broker as needed
  
  

Risk Management Support

• Collaborate with the Corporate Governance team to identify, assess, and mitigate potential risks to the company
  
  

Continuous Improvement

• Recommend improvements to enhance internal controls and operational efficiencies
• Stay up to date with industry standards, best practices, and changes in regulatory requirements
• Assist with special projects and investigations as needed, including fraud detection and due diligence
  
  

Collaboration

• Work collaboratively with management and departments to improve processes and controls
• Assist in the coordination and support of regional audits as needed
  
  

Position Profile And Qualifications

• Completed post-secondary degree with one or more Accounting (CPA, CA, CMA, CGA), Audit (CIA, CISA)designations
• 5 or more years’ experience in Operations Audits; Auto industry, IT security; or Business Process Re-Engineering
• Must have good negotiation and conflict management skills
• Ability to adapt and learn quickly
• Ability to take initiative and display leadership
• Must be advanced in MS Word, Excel, PowerPoint
• Strong organizational skills; attention to detail is essential; problem solving and analytical skills required
• Excellent verbal and written communication skills
• Ability to multitask; prioritize and work independently under pressure within strict deadlines
• Ability to create collaborative working relationships with internal and external affiliates
• Ability to build rapport and work effectively in a team environment