Sandy Ostrowski Email & Phone Number

Morrisville, Nc

An integrated biopharmaceutical solutions company. $5+B in global revenue and operations in over 60 countries. Total employees/contractors 28,000 +Responsible for developing and executing the overall strategy for the Internal Audit function and executing appropriate Audit, Risk, & Compliance services supporting the financial reporting and operations functions to improve the operations of Syneos Health. • Manage a team of four auditors located in the United States as well as our… Show more An integrated biopharmaceutical solutions company. $5+B in global revenue and operations in over 60 countries. Total employees/contractors 28,000 +Responsible for developing and executing the overall strategy for the Internal Audit function and executing appropriate Audit, Risk, & Compliance services supporting the financial reporting and operations functions to improve the operations of Syneos Health. • Manage a team of four auditors located in the United States as well as our co-sourcing partner to ensure the global risk-based audit plan is completed. The plan includes identifying process improvement opportunities designed to mitigate rework and improve profitability, managing multiple customer financial audits, as well as educating colleagues.• Conduct confidential investigations, report findings and remediation plans to Management and the Audit Committee, as appropriate. Coordinate risk assessments, monitoring and compliance with other risk and compliance functions to prevent redundant efforts. Show less

Raleigh-Durham, North Carolina Area

Responsibilities include integration of the compliance function, performing and managing internal investigations and the development & implementation of an effective customer audit process.

Raleigh-Durham, North Carolina Area

Manage the global Internal Audit department using a co-sourcing model, prepare and execute the annual audit plan and work with Corporate Compliance. Report to the Chairman of the Audit Committee.Promoted to VP in April 2015

Durham, North Carolina, United States

Managed a team of six auditors located in the United States and India. Strategically used our co-sourcing partner to ensure the risk-based audit plan was effectively implemented in a globally dispersed organization.• Conducted confidential investigations and reported findings to Management and the Audit Committee.• Enhanced the annual Sarbanes Oxley 404 testing approach to align with both Management’s obligations while creating a reliance model with independent auditors.• Ensured… Show more Managed a team of six auditors located in the United States and India. Strategically used our co-sourcing partner to ensure the risk-based audit plan was effectively implemented in a globally dispersed organization.• Conducted confidential investigations and reported findings to Management and the Audit Committee.• Enhanced the annual Sarbanes Oxley 404 testing approach to align with both Management’s obligations while creating a reliance model with independent auditors.• Ensured maintenance of high quality auditing standards by: (i) reviewing and approving audit programs and budgets, (ii) establishment of procedures covering the scope & follow up of audits; (iii) reviewed draft reports to ensure alignment of professional standards & objectives; (iv) oversaw professional development of staff through proper training, mentoring and coaching; (v) personally performed audit work to ensure appropriate senior skills were applied and that team’s capacity was optimized. Show less

Greensboro/Winston-Salem, North Carolina Area

An American tobacco company sold in 2014 to Reynolds American, Inc. Managed the Internal Audit function using a co-sourcing model. Prepared the annual audit plan for approval by the Audit Committee. Report to the chairman of the Audit Committee.

Detroit, Michigan, United States

A global tier 1 automotive and mobility supplier. $3+B in global revenue and operations in 17 countries. Total employees/contractors 20,000 +Manage an international team of auditors (Brazil, Mexico, China & US), Sarbanes Oxley 404 process, risk assessments and serve as a mentor.

Detroit, Michigan, United States

• Managed global cash, payroll and benefits accounting, including accounting for active health care, workers’ compensation, disability, pension and post-retiree health care and 404 compliance.• Increased cash flow by reducing the collection time for the General Motors Other Post-Employment Benefits billing ($9.2M) by eight months.• Transitioned the Corporate accounts receivable and accounts payable functions to the Mexican subsidiary eliminating seven positions ($700K) at Corporate… Show more • Managed global cash, payroll and benefits accounting, including accounting for active health care, workers’ compensation, disability, pension and post-retiree health care and 404 compliance.• Increased cash flow by reducing the collection time for the General Motors Other Post-Employment Benefits billing ($9.2M) by eight months.• Transitioned the Corporate accounts receivable and accounts payable functions to the Mexican subsidiary eliminating seven positions ($700K) at Corporate Headquarters• Consolidated the functions of two local subsidiaries and remote plant payroll functions into shared services environment eliminating three ($300K) positions.• Increased the effectiveness of the Accounts Payable SOX procedures to go from failed to successful test results in six months. • Implemented policies and procedures to identify accountability and consistency for the global accounts receivable teams.• Reduced third-party past due accounts by 50% or $6M. • Managed the investigation and resolution of 15,000 aged accounts receivable transactions. Identified and collected $1.5M from General Motors dating back to 1999 by partnering with the Materials team.• Introduced a supplier website concept to reduce the cost of accounts payable function. System was implemented in 2003. Show less

Bachelor Of Business Administration - Bba, Accounting, 4.0

Activities and Societies: Alpha Beta Psi Fraternity

Mba, Organizational Management And Finance

Organizational Development

Bachelor Of Science, Accounting

Activities and Societies: Beta Alpha Psi Accounting Major

Master Of Business Administration - Mba, Business Administration And Management, General