Chief Audit Executive And Director Enterprise Risk Management
Vadnais Heights, Mn, Us
Responsibilities - Supporting the board and the executive team to identify, analyse and mitigate the company’s most significant risks. Reporting to the group CFO and working worldwide.Transformed the audit function from compliance to proactive risk management. Significantly increased the board’s and management’s understanding of the business’s strategic risksPivoted the audit team’s resources to support process improvements in the high risk regions of Asia and Latin AmericaWidened the scope of audits to identify the root causes of gaps. Working with management used lean six sigma tools to define efficient, effective and sustainable action plans Leveraged lean six sigma black-belt tools to facilitate improvements to strategic processes including the innovation stage gate process, intellectual property risk and procurementSuccessfully project managed the global due diligence of a high risk $500 million acquisition, which contributed to a doubling of the company’s share priceDrove a step change in the ethics and compliance program, which contributed to the company being named one of the world’s most ethical companiesAudit became a source of talent for the business through intensive team development, interim assignments and a global guest auditor program