Internal Audit Lead – Finance & Operations (Finance)

TL;DR

Internal Audit Lead – Finance & Operations (Finance): Leading the SOX testing program for finance and operations related controls with an accent on strengthening internal control over financial reporting (ICFR). Focus on planning and executing annual testing programs, performing process walkthroughs, and driving remediation for control gaps.

Location: Hybrid; must be based in and present in the San Jose or San Francisco office 4 days per week

Salary: $236K – $315K

Company

Lambda is a leader in AI cloud infrastructure providing compute power to AI researchers and enterprises.

What you will do

• Lead the planning and execution of the annual testing program for finance and accounting processes.
• Perform process walkthroughs, design assessments, and testing of key controls over financial reporting.
• Partner with finance process owners to validate control design and address evolving risks and business changes.
• Manage and update ICFR/SOX 404 documentation, including COSO framework mapping and risk and controls matrices.
• Identify and document control deficiencies, evaluate severity, and develop timely remediation plans.
• Prepare high-quality reports and presentations on testing results for senior management and the Audit Committee.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 10+ years of progressive experience in internal audit, external audit, or SOX program management.
• At least 2+ years in a managerial or supervisory role.
• Experience in a Big Four accounting firm or equivalent practice.
• Deep expertise in SOX, ICFR, COSO, PCAOB standards, and U.S. GAAP.
• Proficiency with audit management tools (AuditBoard, Workiva) and ERP systems.

Nice to have

• CPA, CIA, or CISA certification.
• Experience with data analytics and automated testing tools.
• Exposure to cloud computing, cybersecurity, and RPA control implications.
• Prior experience in fast-growth or global organizations.
• History of partnering with external auditors on reliance strategies.

Culture & Benefits

• Generous cash and equity compensation.
• Comprehensive health, dental, and vision coverage for employees and dependents.
• 401k Plan with 2% company match for USA employees.
• Wellness and commuter stipends for select roles.
• Flexible paid time off plan.