Lead Director, Corp Audit

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day. Job Purpose and Summary:

• The Lead Director, Internal Audit - SOC Testing is responsible for overseeing the planning, execution, and reporting of Service Organization Controls (SOC) audits, with a focus on SOC 1 and SOC 2 engagements. This role oversees the planning, execution, and reporting of SOC audits, including the facilitation of business process and control documentation, assistance in the identification and clarification of internal controls and coordination with the external auditors on testing and evaluation of key controls defined in the SOC reports. The SOC Reporting team is a part of the SOX and Controls Assurance group which is responsible for the oversight and management of CVS's Sarbanes-Oxley Compliance program.
• This role is responsible for leading and managing the SOC Portfolio activities in conjunction with the preparation of SOC reports covering multiple business areas and systems and leading key SOC initiatives. This includes the responsibilities the SOC Reporting team performs as described above, as well as acting as a SOC Reporting SME.
• This role has primary responsibility for leadership of the team while partnering with stakeholders to continuously evaluate and recommend opportunities to reduce risk, strengthen the control environment, and introduce operational efficiencies.
• The Lead Director collaborates closely with business and IT stakeholders, manages relationships with external auditors, and ensures compliance with regulatory standards and industry best practices. Additionally, this role drives continuous improvement in audit methodologies, mentors audit staff, and communicates key findings and recommendations to senior leadership.
• CVS Health follows a 3 days in office (generally Tuesday, Wednesday, and Thursday) hybrid work model providing office-based colleagues the ability to flex between working in the office and working from home based on the work you need to accomplish. By applying to this position, you understand that you will be considered for opportunities at these multiple locations: Cumberland, RI (Headquarters); Hartford, CT; Northbrook, IL; Scottsdale, AZ. Should you accept a position, we will take your preferred work location into consideration and will attempt to accommodate.

• Provide guidance and management oversight for direct reports on their assigned audits/projects
• Plan and set day to day objectives and priorities for direct reports
• Responsible for training and development of direct reports as well as all talent and performance management activities
• Assess resource requirements, team competencies and skillsets; recruit, develop, and retain a high performing team, including the development of a succession plan

• Build a successful relationship with client business leadership to provide value-added consultation to influence and strengthen operational efficiencies and effectiveness, promote best practices, provide opportunities for cost savings, and standardization and globalization of processes
• Drive strategic thinking and decision making to ensure that client leadership is proactively addressing and anticipating issues; promote appropriate risk management awareness and risk mitigation
• Actively support a culture of transformation and anticipate the changes required in control processes and risk management practices to match business model and market transformation
• Demonstrate a willingness, to be a part of initiatives outside of Internal Audit (which do not jeopardize independence on areas under audit) to become a trusted advisor and strategic leader for the organization

• Bring a systematic, transparent, scalable, and disciplined approach to evaluating and improving, as appropriate, the effectiveness of internal controls, risk management, compliance and governance processes
• Provide strategic and technical leadership for audit activities and support the senior Internal Audit leadership in their fulfillment of oversight responsibilities
• Provide timely and accurate reporting on control gaps and the status of remediation of audit findings; influence the strengthening of the control environment, governance processes, and risk management practices through audit recommendations and validation of management's remediation action plans
• Promote and ensure the adoption of the use of data analytics in the Internal Audit function by collaborating with Finance and Information Technology to leverage and align with existing data analytics infrastructure and promote a culture of data-driven audit findings and recommendations

• Meets administrative reporting requirements and supports department initiatives
• Demonstrates a commitment to integrity and the company code of conduct, and a respect for diversity and inclusion
• Contribute to overall Internal Audit Department team norms to promote a positive environment and improve team effectiveness

• 10+ years prior experience in a relevant accounting or auditing role, including technical business report writing
• Proven experience managing direct reports
• Ability to travel up to 10%

• Professional designations such as CPA, CIA, CISA, etc., or measured progress in achieving such designations
• Prior experience in a leadership role with a proven track record of engaging, managing, and motivating multi-level teams
• Experience with preparing and/or participating in executive and/or audit committee presentations
• Strong analytical, deductive, problem solving, and critical thinking skills
• Good teamwork and collaboration skills
• Solid meeting management and oral/written communication skills Education:
• Bachelor's degree in a relevant field such as Accounting, Information Technology, Finance, etc.

• Bachelor's degree required in a relevant field such as Accounting, Information Technology, Finance, etc.

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.