Associate Manager of Internal Audit - Hybrid at Best Buy in Richfield, Minnesota

Job Description:

The Associate Manager, Internal Audit position is an integral part of Best Buy’s Internal Audit team, providing independent assurance and consulting activities, in collaboration with business owners across the enterprise.

The Associate Manager will utilize internal and external inputs to identify and audit key risks across the business. They will plan, lead, and execute audit projects with an emphasis on operational, financial, and compliance processes and risks. This individual will leverage strong business acumen to analyze complex risks and recommend business changes to add value, while understanding the impact to all stakeholder groups. This includes distilling complicated testing results to deliver clear, insightful analysis and recommendations through audit reports and presentations to Senior and Executive leadership.

This individual will provide input and guidance on enterprise-wide business risks as inputs to the continuous audit plan. They will also assist in testing and reviewing the design and operating effectiveness of internal controls as part of Sarbanes Oxley compliance procedures.

Key Responsibilities:

• Plan and lead financial, operational, and compliance audits to evaluate adequacy and effectiveness of controls, including leading key project meetings with Senior and Executive leadership


• Utilize strong project management skills to lead cross-functional audits including performing and managing audits from planning through reporting, with a sense of urgency and accountability to deadlines


• Proactively identify business problems and lead teams to develop and drive actionable solutions


• Regularly interact across Finance as well as other internal cross-functional and external partners


• Articulate complex information in an understandable and actionable manner, both written and oral, to individuals, cross-functional teams and leaders


• Provide recommendations to create or improve department policies, procedures or systems and execute changes as directed


• Perform audit follow-up to ensure risk has been addressed by the business owners.


• Perform and review Sarbanes Oxley 404 compliance testing for the Company’s financial and control environment controls


• Provide supervision and coaching of less experienced team members


• Participate in risk assessment process to develop agile audit plan


• Perform consulting activity, as necessary

Minimum Requirements:

• 4 or more years of experience in an Accounting, Finance, Audit, Procurement, Tax, Treasury capacity


• Intermediate Excel skills


• Ability to travel approximately 15%, or as required, to complete audit fieldwork

• Bachelor's Degree in Accounting, Finance, or Business


• 7+ years of experience in Internal Audit, Public Accounting, or other Accounting, Finance, Economics, Business, or related field


• 4+ years of experience leading audit projects


• Relevant Certifications such as the CPA, CIA, CFE and/or other relevant certifications


• Working knowledge of IIA Standards for the Professional Practice of Internal Auditing, GAAP, and COSO


• Working knowledge of Data Analytics tools