Director - Internal Audit

Recruiter
Alexandria Real Estate Equities
Location
Canada
Salary
Competitive salary
Posted
02 Mar 2021
Closes
03 Mar 2021
Ref
720
Experience level
Director
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® urban office REIT, is the first and longest-tenured owner, operator, and developer uniquely focused on collaborative life science, technology and agtech campuses in AAA innovation cluster locations. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria is known for its high-quality and diverse tenant base. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide its innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. For more information, please visit www.are.com.

Management of Alexandria Real Estate Equities, Inc. and its subsidiaries (the "Company") are responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) and 15d-15(f) promulgated under the Securities Exchange Act of 1934, as amended, and is a process designed by, or under the supervision of, the Co-CEOs and the CFO and effected by the Company's Board of Directors, management, and other personnel to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external reporting purposes in accordance with GAAP. The Company's internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures are being made only in accordance with the authorizations of the Company's management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of assets that could have a material effect on the financial statements.

The Internal Audit function at ARE is an important part of the Company's internal control environment. The function reports to the Chairman of the Audit Committee and assists management with the assessment of its internal controls over financial reporting. Internal Audit also works closely with our independent accounting firm under their direct assistance model. As an S&P 500 Company, ARE targets reporting of earnings and filing of form 10-Qs and form 10-Ks approximately four weeks after month end.

We are seeking a Director - Internal Audit for an S&P 500, publicly traded Real Estate Investment Trust. This individual will be groomed to lead and manage the annual Sarbanes Oxley Audit (SOX) and to become the successor of the current Assistant Vice President - Internal Audit. Exhibiting professionalism is key as the position functionally reports to the Chairman of the Audit Committee and administratively to the Chief Accounting Officer and Chief Financial Officer. The ideal candidate should possess excellent communication and interpersonal skills, strong technical skills, understanding of the Public Company Accounting Oversight Board (PCAOB) rules, and be adaptable to meet deadlines.

The Company is an equal opportunity employer. We are pleased to consider all qualified applicants without regard to race, color, religion, creed, sex, gender, gender identity, gender expression, pregnancy, childbirth, breastfeeding or related medical conditions, marital status, registered domestic partner status, family-care status, veteran status, military status, age, national origin or ancestry, physical or mental disability, medical condition, genetic information, sexual orientation, or any other category protected by applicable federal, state or local law or ordinance.

Essential Duties and Responsibilities:
  • Acquire and maintain thorough knowledge of internal control and business processes
  • Assist with managing SOX audit: timeline, resources, coordination with process owners and external audit team
  • Execute walkthroughs, test of controls, and year-end updates
  • Assist with managing timeline and providing status updates to management and process owners
  • Work in close coordination with the external audit firm, including:
  • Work with external audit team to define audit roadmap; provide guidance around scope, sample sizes and periods of coverage
  • Prepare documentation to help facilitate the work of the external audit firm
  • Work closely with the Accounting Department personnel to assure coordination and execution of annual audit process
  • Communicate to management opportunities for process improvements
  • Assist with preparing presentations for periodic updates to the Audit Committee
  • Assist with drafting annual audit report
  • Maintain current knowledge of SOX and PCAOB requirements
  • Work on special internal projects to help quantify and reduce financial risk

Qualifications and Experience:
  • Bachelor's degree in Accounting
  • CPA license - active status
  • Five or more years of public internal audit experience
  • Knowledge and experience with SOX 404 requirements
  • Knowledge and experience with PCAOB requirements
  • REIT and/or real estate industry experience highly preferred
  • Strong interpersonal, written and verbal communication skills
  • Ability to pivot and work well in complex, fast-paced environments
  • Proficient in MS Office (Word, Excel, PowerPoint, Outlook, Visio)

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