Manager, Internal Audit & SOX Compliance

Party City Holdco Inc. (PCHI) is a global leader in the celebrations industry, with its offerings spanning more than 70 countries around the world. PCHI is also the largest vertically integrated designer, manufacturer, distributor, and retailer of party goods in North America.

PCHI operates across multiple businesses within its Retail Division and Consumer Products Division. On the retail side, Party City (partycity.com) is the leading omnichannel retailer in the celebrations category, operating more than 750+ company-owned and franchise stores. The Consumer Products Division includes design and manufacturing entity Amscan, an industry leader in celebration décor, tableware, costumes, and accessories.

PCHI is headquartered in Woodcliff Lake, N.J. with additional locations throughout the Americas and Asia.

Job Overview

As a member of the Internal Audit and Compliance group, the Manager of Internal Audit & SOX Compliance is a key part of managing the delivery of the SOX program, performance of internal audits and special projects. This role is responsible for the testing and evaluation of internal controls across multiple sites globally, covering multiple processes across the Retail, Wholesale and Manufacturing operations. The manager will assist in further developing and maintaining the internal controls governance framework, including policies and procedures, risk assessments, and issue management.

Responsibilities and Duties

Assist in the development and enhancement of the Internal Audit methodology, policies, and tools, to ensure consistency in quality and execution of all internal audits.

• SOX Project Management / Compliance

o Coordinate the completion of the annual SOX 404 compliance program; establish testing methodology and liaise with the external auditor and key stakeholders.

o Risk assessment / Project planning, scoping, and monitoring:

 Assist in preparing FS analysis to develop the annual SOX scope.

 Control / process rationalization to drive testing efficiencies.

 Aid in resource planning for SOX testing phases.

 Compile and issue reports on the status of SOX testing and document requests.

o Administer SOX tool (AuditBoard) as a system administrator, including but not limited to:

 PBC Projects – Creation and maintenance of document requests (PBCs) used to obtain documents from business partners required for IA and external auditors to test internal controls.

 Update Questionnaires – Design and maintenance of questionnaires to obtain updates on internal controls outside of periods tested for SOX.

 Access Management – supporting existing and new users on accessing and navigating AuditBoard and completing tasks related to PBC document requests, SOX controls testing and controls certifications.

o Develop enhancements and improvements to SOX processes performed in AuditBoard.

o Perform SOX control testing as part of the enterprise internal audit team.

 Execute testing in more complex areas of business.

 Review workpapers and testing performed by IA staff and Co source team members.

 Coordinate IA SOX activities with those of external auditor to facilitate efficient completion of both IA and external audit SOX testing.

o Collaborate with control owners as a SOX subject matter expert to assist in the creation of processes and procedures that meet SOX compliance requirements and scale with future growth

o Identify gaps in internal control designs that could lead to financial reporting risk and correct design deficiencies

o Work with control owners to develop remediation plans and drive remediation projects

• Special Projects

o Plan, execute and report results for special projects. Duties include, but are not limited to:

 Develop audit scope and procedures for audit projects.

 Review work performed by IA staff and team members.

 Draft and issue reports of audit / project results.

• Development of Internal Audit staff

o Provide training and continuous support for new IA associates and team members on use of AB & internal procedures.

Qualifications:

• Bachelor's degree in Business, Finance, Accounting, or related field OR equivalent work experience

• 5 plus years of finance/accounting or SOX compliance work (controls documentation and testing)

• CPA CIA, CISA, CFE or CRMA certification desirable

Skills:

• Proficiency in SOX 404 and AS5 is required

• Proficiency in Microsoft Office including Word, Excel, PowerPoint

• Knowledge of a governance risk and compliance tool, preferable AuditBoard

• Knowledge of a query tool such as Hyperion Interactive Reporting preferred

• Knowledge of IT application and general computer controls a plus

• Excellent written and oral communication skills

• Strong interpersonal and organizational skills, tact, initiative, and critical thinking skills ·

• Must be able to multi-task and work collaboratively

• Must be able to work in a multi-cultural environment