VP Internal Audit

Job Description

Primary Function of Position

Reporting functionally to the Audit Committee of the Board of Directors and administratively to the SVP, Finance, the Vice President, Internal Audit is accountable for the design, execution, and continuous improvement of the global internal audit function. The VP provides independent, objective assurance and advisory services across financial, operational, IT/cybersecurity, SOX 404, and compliance domains, enabling the company to protect shareholder value and advance its mission of expanding the benefits of minimally invasive surgery worldwide. This executive-level role partners directly with the Audit Committee, CEO, CFO, and business unit leaders to assess risk, strengthen the control environment, and foster a culture of accountability and continuous improvement. The VP leads and develops a high-performing global audit team and serves as a trusted advisor at the highest levels of the organization.

Essential Job Duties

Strategic Leadership & Governance

• Maintain functional independence and report to the Audit Committee of the Board of Directors.
• Develop and champion the long-range strategic vision for the Internal Audit function, positioning it as a world-class, forward-looking assurance and advisory capability.
• Prepare and present quarterly and ad hoc reports to the Audit Committee, including risk assessment results, audit plan status, key themes, emerging risks, and departmental performance metrics.
• Participate as a trusted advisor to the CFO, CEO, and senior leadership on matters of governance, risk, and internal controls, including advisory projects, M&A due diligence, and strategic initiatives.
• Actively participate in Enterprise Risk Management (ERM) programs, providing audit's independent perspective on the company's top risks.

Risk Assessment & Audit Plan

• Lead the development, continuous evaluation, and Board-level approval of a dynamic, risk-based global annual audit plan covering financial, operational, SOX, IT/cybersecurity, regulatory, and compliance risks.
• Integrate internal and external risk intelligence (industry trends, regulatory changes, macroeconomic shifts) to ensure the audit plan remains responsive and prioritized on the highest-risk areas.
• Oversee M&A due diligence activities and post-integration audits, providing assurance on acquired entities and integration progress.
• Direct and oversee fraud risk assessment and investigation activities, partnering with Legal and Compliance as appropriate.

Audit Execution & Quality

• Oversee end-to-end execution of the approved audit plan, including operational, financial, SOX 404, IT/cybersecurity, and regulatory compliance engagements, ensuring timely, high-quality, and impactful results.
• Maintain the Internal Audit function in full conformance with the International Standards for the Professional Practice of Internal Auditing (IIA Standards) and establish a robust Quality Assurance and Improvement Program (QAIP).
• Direct the company's SOX 404 compliance program, coordinating with the Corporate Controller, IT, and external auditors to maximize reliance and minimize redundant testing.
• Oversee the third-party co-sourcing and outsourcing relationships supporting audit plan execution, ensuring value delivery and appropriate oversight.
• Ensure audit findings and management action plans are tracked to timely remediation, with escalation protocols for unresolved critical issues.

Stakeholder Communication & Influence

• Build and sustain trusted, collaborative relationships with executive management, the Audit Committee, external auditors, and regulators while maintaining objectivity and independence.
• Communicate complex risk and control issues in clear, actionable terms tailored to diverse audiences, from the Board to operational management.
• Coordinate with second-line assuran