VP, Internal Audit
At GoodRx, we believe that all Americans should have access to convenient and affordable healthcare. As a nation, we spend about $3.5 trillion annually on our healthcare, but too many Americans struggle to get the care they need, and prices just keep rising. Our marketplaces for prescription medicines and telehealth have helped Americans save $30 billion since 2011. GoodRx is a public company; we're based in Santa Monica with additional offices around the country. We're a low-key and tight-knit group that likes to find new ways to fix big problems. If you share our belief that you can do well by doing good, let's talk.
We’re committed to growing and empowering a more inclusive community within our company and industry. That’s why we hire and cultivate diverse teams of the best and brightest from all backgrounds, experiences, and perspectives. We believe that true innovation happens when everyone has room at the table and the tools, resources, and opportunities to excel.
With that said, research shows that women and other underrepresented groups apply only if they meet 100% of the criteria. GoodRx is committed to leveling the playing field, and we encourage women, people of color, and those in the LGBTQ+ communities to apply for positions even if they don’t necessarily check every box outlined in the job description. Please still get in touch – we’d love to connect and see if you could be good for the role!
GoodRx is seeking a highly successful VP Internal Audit to create and lead the company’s internal audit function, including oversight of financial governance, and Sarbanes Oxley 404. This position reports directly to the Audit Committee of the Board, and administratively to the Chief Financial Officer. This position is based at GoodRx’s new corporate headquarters in Santa Monica, CA. GoodRx offers the leading, consumer-focused digital healthcare platform in the United States. Our range of services help people purchase pharmaceutical medicine and supplies, procure telehealth services, and other healthcare they need at a price they can afford.
Six Attributes of the Highly Successful GoodRx VP Internal Audit
1. Superior business acumen – understand the key decisions and operational trade-offs that leaders make every day in the running of a business.
2. Dynamic communication skills – knows how to customize communications that are clear, concise and insightful, and can use communication to foster relationship building with executive management and the Board.
3. Unflinching integrity and ethics – have a strong ethical compass, contributes to the conscious of GoodRx, and has a sixth-sense for reputational risk.
4. Breadth of experience – have (a) a deep understanding of how risks impact the bottom line, (b) a strong grasp of risks and controls, (c) exceptional technical skills and (d) hands-on experience; all of which are used to enhance credibility within GoodRx and the Board.
5. Excellent grasp of business risks – fully embrace a risk-centric strategy in leading the internal audit function, focusing on strategic & business, operational and financial risks.
6. Unwavering courage – recognizes the inherent challenge of the VP Internal Audit role, anticipates the ethical dilemmas that can arise, stands firm when required, and delivers difficult news without regards to consequences.
Responsibilities:
- Develops a GoodRx Internal Audit Vision that provides timely information without bias and absolute integrity to business leaders
- Sets the strategy for Internal Audit, Governance, and Sarbanes Oxley compliance, in alignment with the overall GoodRx priorities and strategy
- Provides oversight to current Sarbanes Oxley Section 404(b) implementation efforts
- Manages relationship with outsourced internal audit services firm, or builds and manages internal audit testing capabilities
- Draws on diverse sources of information (e.g., competitor, industry, economic) to develop strategies and identify business improvement opportunities
- Develops and maintains strong relationships and communications with the Audit Committee to ensure concerns are addressed and expectations met
- Drafts, approves and oversees reports to the Audit Committee and senior management which address key business risks and control issues within the Company
- Develops and maintains strong relationships with GoodRx leadership, providing guidance and/or consultation in the development of strategies to improve financial and operational performance of the business
- Acts as an early warning system for business and financial risks
- Supports business ethics and integrity initiatives
- Provides leadership in the development of audit plans, procedures and programs to evaluate the adequacy of the company’s internal control environment
- Develops and maintains strong working relationship with external auditors to ensure effectiveness of service delivery and appropriate resolution of findings/issues identified
- Works closely with General Counsel on compliance programs involving Business Ethics and Integrity, Foreign Corrupt Practices Act, Patriot Act, etc.
- Uses knowledge of GoodRx’s business to make sound decisions that balance the priorities of relevant stakeholders
- Contributes to resource decisions that involve greater risk and have significant impact on meeting long term enterprise objectives
- Monitors and innovates, as appropriate, accounting practices and strategies to optimize business performance
- Develops an organizational competency in the audit function by identifying and integrating best practices in work flow, measurement, technologies and resource configuration
- Achieves annual goals and budget targets by effectively managing resources and stakeholder requirements
- Financial Leadership: controlling appropriate expenses, and maximizing returns on investments to GoodRx and key stakeholders
- Responsible for deploying appropriate tactics to meet/exceed budgeted goals
- Oversees internal audit processes of GoodRx as well as the specific administrative activities associated with operating the Internal Audit (business planning, reporting, budgeting, etc.)
- Ensures appropriate metrics are in place to manage business risks and improve decision making; ensure strong accounting and operational control environment to safeguard GoodRx and improve operations
Experience:
- Extensive (12+ years) experience in finance and accounting business processes to include auditing in a publicly traded company
- 5+ years of experience leading an internal audit function
- Experience leading and managing large scale initiatives and managing associated change
- History of consistently delivering business results
- Exposure to complexities in accounting and finance business processes
- Demonstrated success leading senior professionals and developing a strong organization and workforce in a complex, service-intensive, deadline-driven environment
- Technology industry experience strongly preferred, but not required
Experience:
- Baccalaureate degree in Accounting or related area required
- CIA or CISA certification strongly preferred; CPA or CMA certifications required
Knowledge and Skills:
- High degree of self-awareness and ‘emotional intelligence’
- Strong business acumen and service orientation
- Outstanding strategic planning and management skills
- Exceptional accounting skills, and knowledge of the business processes and systems necessary to execute work
- Depth of knowledge in generally accepted finance and accounting policies, principles and controls
- Depth of knowledge of accounting theory, auditing standards, procedures and related techniques.
- Knowledge of auditing information systems and systems designs; familiarity with NetSuite, Auditboard, and Blackline
- Strong working knowledge of information technology and ITGC’s and its implications for business commerce and managing and controlling business operations
- Ability to determine emerging risk management concepts and control models
- Ability to develop and maintains effective relationships with a broad group of stakeholders in order to foster trust and influence key decisions
- Exceptional communication skills; creates an atmosphere in which timely information flows smoothly through the organization
- Steps forward to address difficult issues and guide others toward the accomplishment of identified, meaningful goals
- Orchestrates systemic change – initiates, supports and manages change within the organization, taking steps to remove barriers or to accelerate its pace
- Constructive approach to dealing with conflict; strong mediation skills
- Effectively deploys and manages resources to achieve objectives and uses data to systemically monitor progress against plans
- Strong quantitative and qualitative analysis skills; ability to take large volumes of complex information and present it in a clear and concise manner to senior management, owners and Board members; uses data and a cogent problem-solving methodology in decision making and impact assessment
- Skillful negotiator in tough situations, sells ideas persuasively, settles differences and wins concessions without damaging relationships; can be both direct and forceful while remaining diplomatic
- Strong business performance management abilities– monitoring the progress of work against schedules, budgets, quality standards, and achieving/exceeding planned economic benefits in a dynamic operating environment
- Ability to integrate and balance priorities, work activities and resources for the benefit of multiple key stakeholders
GoodRx is America's healthcare marketplace. The company offers the most comprehensive and accurate resource for affordable prescription medications in the U.S., gathering pricing information from thousands of pharmacies coast to coast, as well as a telehealth marketplace for online doctor visits and lab tests. Since 2011, Americans with and without health insurance have saved $30 billion using GoodRx and 20 million consumers visit goodrx.com each month to find discounts and information related to their healthcare. GoodRx is the #1 most downloaded medical app on the iOS and Android app stores. For more information, visit www.goodrx.com.