Director - Audit Services

Position Summary: The Director Audit Services leads the company’s global internal audit function, providing independent assurance to executive leadership and the Audit Committee regarding the effectiveness of internal controls, risk management, and governance processes across operations in North and South America and Genpact shared service centers in India and Mexico. The scope of Audit Services has recently been expanded to include audit engagements of related organizations: Team Penske Racing and the Indianapolis Motor Speedway. The role oversees a risk-based internal audit program consistent with public company standards, including management of the voluntary Sarbanes-Oxley (SOX) compliance program, coordination with external auditors supporting the annual financial statement audit, and support for the Penske Logistics Transportation Management Services SOC (System and Organization Controls) examinations. Reporting to the Chief Audit Executive, the Director manages two Audit Managers and provides oversight for a broader team of eleven indirect audit professionals and four Genpact professionals. The position partners closely with finance, IT, and operational leaders to strengthen the control environment, address emerging risks, and provide strategic insights that enhance organizational performance and accountability. Major Responsibility: Audit Plan & Resource Management: Support enterprise-wide risk assessment processes and strategically deploy audit resources by matching team capabilities (Managers, Seniors, Staff) with engagement complexity, ensuring optimal coverage of the annual audit plan while maintaining appropriate skill development opportunities. Business Advisory Services: Provide proactive consulting on internal control frameworks during management special requests, system implementations, process redesigns, and strategic initiatives. Conduct ad hoc special requests, pre-implementation reviews, control design assessments, etc. to prevent deficiencies, demonstrating audit's value as trusted business partner. Engagement Oversight & Issue Resolution: Provide real-time technical guidance across concurrent audit engagements, serving as escalation point for complex accounting treatments, control deficiencies, and scope challenges. Facilitate resolution of contentious findings through stakeholder collaboration and technical expertise. Audit Execution Across Disciplines: Lead integrated audit approaches encompassing financial, operational, IT, regulatory compliance, and strategic risk domains. Champion specialized audit methodologies including SOX compliance testing, operational efficiency reviews, ITGC & Access SOD assessments, regulatory examinations, etc. Reporting & Executive Communication: Transform audit findings into actionable, executive-ready reports and presentations. Guide teams in developing risk-rated recommendations aligned with business objectives. Present findings, trends, and insights to business process owner management and /or senior management ensuring appropriate risk transparency and strategic value. Quality Assurance & Technical Standards: Enforce adherence to IIA Standards, regulatory requirements, and organizational policies through comprehensive quality review processes. Conduct multi-level reviews of audit documentation, ensuring technical accuracy, appropriate evidence support, and compliance with professional standards. Other projects and tasks as assigned. Qualifications: Bachelor’s Degree required in Accounting, Finance, Business Administration, or related fields. MBA preferred. One or more of the following preferred: o CFE (Certified Fraud Examiner) o CIA (Certified Internal Auditor) o CPA (Certified Public Accountant) o CISA (Certified Information Systems Auditor) Minimum 15 + years of progressive experience in internal audit, public accounting, or risk management. Experience in a publicly traded Fortune-500 company and /or Top Ten accounting firm strongly preferred. Experienc…

View the full posting and apply