Internal Audit Manager at Badger Meter

Milwaukee, Wisconsin, United States

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Water Technology, ManufacturingIndustries

Requirements

Ability to plan, perform, coordinate, and supervise internal audit work, including at foreign and remote locations
Experience in direct testing of accounts, transactions, and controls
Capability to coordinate and supervise personnel (e.g., 1 direct report) or external resources
Ability to work closely with external auditors
Participation in quarterly meetings with the Audit & Compliance Committee and provide periodic updates on audit plan progress/results

Responsibilities

Develop an annual internal audit plan for testing Section 404 internal controls, including design, scope, and frequency of tests, and review plans with management and the Audit Committee periodically
Perform or supervise testing of key controls, selected account balances, and transactions
Maintain appropriate documentation of audit work
Provide process-owners with training on proper accounting procedures, required internal control procedures, and risk awareness as necessary
Identify control gaps and assist management in correcting them
Perform follow-up reviews to ensure control gaps are adequately addressed
Implement continuous improvement ideas to rationalize internal controls, testing procedures, and documentation for efficient and effective management's testing
Work with external auditors to coordinate internal and external audit activities
Assist external auditors in selected audit procedures to improve efficiency and reduce costs
Assist VP-Controller in reviewing new accounting regulations and developing company policies/procedures for compliance
Assist appropriate officers in establishing processes and controls for new business functions
Perform secondary reviews of selected financial reports
Perform operational audits of company policies and business functions
Assist in acquisition and divestiture activities
Handle other projects as assigned

Skills

Key technologies and capabilities for this role

Internal AuditAudit PlanningRisk AssessmentControl TestingFinancial AuditingSupervisory SkillsExternal Audit CoordinationAudit Committee Reporting

Questions & Answers

Common questions about this position

What are the main responsibilities of the Internal Audit Manager?

The role involves planning, performing, coordinating, and supervising all internal audit work, including Section 404 internal controls testing, operational audits, assisting external auditors, and participating in quarterly Audit & Compliance Committee meetings.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Badger Meter?

Badger Meter fosters a supportive, inclusive culture that celebrates differences, empowers voices, encourages fresh ideas, and promotes collaboration and creativity, with purpose-driven work and career growth opportunities.

Does the Internal Audit Manager supervise any team members?

Yes, the role includes coordinating and supervising other personnel, with 1 direct report currently or external resources.

Badger Meter

Flow measurement and control technologies provider

About Badger Meter

Badger Meter provides flow measurement and control technologies for various industries, including water utilities, oil and gas, chemicals, and HVAC. The company specializes in electromagnetic and ultrasonic flow meters that accurately measure the flow of liquids and gases. These products are crucial for applications like water distribution, wastewater treatment, and industrial process monitoring. Badger Meter operates globally, serving clients in over 100 countries, and generates revenue through the sale of flow measurement devices, software solutions, and service agreements. The company's goal is to help clients optimize their operations and reduce costs through reliable measurement and control technologies.

Milwaukee, WisconsinHeadquarters

1905Year Founded

$14MTotal Funding

IPOCompany Stage

Industrial & Manufacturing, Energy, Enterprise SoftwareIndustries

501-1,000Employees

Benefits

Healthcare, disability and life insurance,

PTO

Leave programs

Retirement savings plans

Flexible, remote work and part-time arrangements,

Risks

Rising competition from emerging smart water technology companies threatens market share.

Increased raw material costs may negatively impact Badger Meter's profit margins.

Potential regulatory changes could necessitate costly updates to existing products.

Differentiation

Badger Meter offers advanced electromagnetic and ultrasonic flow meters for high accuracy.

Their products serve diverse industries, including water utilities and industrial processes.

Badger Meter provides integrated software solutions for resource optimization and cost reduction.

Upsides

Growing demand for smart water management boosts Badger Meter's market potential.

IoT adoption in industries enhances the need for advanced flow measurement technologies.

Infrastructure investments in emerging markets increase demand for Badger Meter's products.

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