Internal Audit Manager-Milford, MA

Job Title: Internal Audit Manager
Employment Type: Full-Time
FSLA: Salary/Exempt
Division: Finance
Department: Accounting
Reports to: Vice President of Finance
Supervisory Duties: Yes

Job Description

The Internal Audit Manager is responsible for overseeing and executing internal audit activities that assess and enhance internal controls, efficiency, and risk management throughout the company's operations. This role ensures compliance with financial, operational, and regulatory requirements across all phases of construction-from pre-construction and bidding to close-out, and within all company departments. The ideal candidate brings industry-specific knowledge and strong internal audit expertise to support high-quality project execution and safeguard company assets.

Responsibilities / Essential Functions

• Participate in strategic and long-term planning for Internal Audit department.
• Develop and manage the annual audit plan focused on key risk areas within operations, including project budgeting, job costing, contract compliance, procurement, and subcontractor management.
• Lead audits of construction projects, job sites, and support functions to evaluate the effectiveness of internal controls and adherence to company policies and contractual obligations.
• Review project financials, billing processes (e.g., AIA applications for payment), change order controls, and labor reporting to ensure accuracy and prevent fraud or mismanagement.
• Identify control weaknesses, inefficiencies, or compliance gaps and provide practical, specific recommendations for process improvement.
• Work closely with project managers, finance, procurement, and field personnel to foster a culture of accountability and continuous improvement.
• Prepare and present audit reports with clear findings and actionable insights to executive leadership.
• Monitor the implementation of corrective actions and track resolution progress.
• Assist with ad hoc audits, forensic investigations, or reviews related to cost overruns, contract disputes, or regulatory inquiries.
• Stay updated on construction industry trends, accounting standards (GAAP), and compliance requirements (e.g., OSHA, Davis-Bacon, lien laws).
• Supervise and mentor internal audit staff and contribute to their professional development.

Key Skills

• Outstanding attention to detail and an ability to communicate complex matters effectively
• Proactive, self-motivated, innovative, collaborative, multi-tasker, creative and analytical
• Proven ability to excel in a fast-paced environment
• Strong leadership, organizational, and project management skills
• Exceptional interpersonal skills and natural facilitation abilities

Travel
Occasional travel may be required for this position.

Required Experience

• A bachelor's degree in accounting, finance or a related field.
• Minimum 5 years experience in Internal Audit.
• MBA/MSA preferred.
• CPA/CIA preferred.

Modified 6/4/2025