Vice President, Internal Audit

Ibotta is seeking a Vice President, Internal Audit to join our innovative team and contribute to our mission to Make Every Purchase Rewarding. This role will lead the internal audit function, overseeing the preparation and execution of the annual SOX 404 assessment and a risk-based audit plan. Your focus will be on assessing, reporting on, and recommending improvements to the company’s key operational and financial activities.

This position is located in Denver, Colorado as a hybrid position requiring 3 days in office (Tuesday, Wednesday, and Thursday). Candidates must live in the United States.

What you will be doing:

• Conduct regular risk assessments to identify and prioritize areas for review.

• Prepare and execute a comprehensive risk-based audit plan approved by the Audit Committee to evaluate the effectiveness of processes and controls in managing significant risk exposures, ensuring the integrity of financial reporting, safeguarding company assets, and maintaining compliance with laws and regulations.

• Establish procedures for conducting internal audits focused on financial risks and operational efficiency.

• Advise management on the effectiveness and sustainability of corrective actions for internal control and operational improvement identified during audit activities.

• Understand and ensure compliance with SOX and related SEC regulations.

• Document processes and procedures related to internal control over financial reporting.

• Develop test plans and coordinate management testing of internal controls required by SOX.

• Provide guidance to management on SOX control issues and deficiency management.

• Identify and assess the implementation of new internal controls as needed.

• Maintain strong relationships and communication with management and external auditors.

• Prepare quarterly updates and reporting packages for senior management and the Audit Committee.

• Participate in disclosure committee meetings.

• Act as a change agent to foster collaboration across the organization, addressing challenges and achieving strategic objectives.

• Lead and mentor the internal audit team, promoting a culture of continuous improvement and professional development.

• Oversee the hiring and training of qualified internal and external staff resources.

• Embrace and uphold Ibotta’s Core Values: Integrity, Boldness, Ownership, Teamwork, Transparency, & A good idea can come from anywhere

What we are looking for:

• Minimum of 10 years of experience in internal auditing, with at least 5 years in a leadership role

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; a master’s degree or professional certification (e.g., CIA, CPA, CISA) is preferred

• Deep knowledge of Sarbanes Oxley Section 404 compliance.

• Comprehensive understanding of auditing practices, procedures, and principles to interpret and analyze complex concepts.

• Ability to evaluate management’s compliance with corporate policy, governance, code of conduct, and business ethics.

• Creative problem-solving skills for complex challenges.

• Strong written and verbal communication skills, adept at presenting to senior management and audit committees.

• Excellent interpersonal skills fostering teamwork and staff career development.

• Driven to deliver quality results on time, maintaining high integrity and professionalism.

• Self-reliant with strong initiative and solid business judgment.

• Resourcefulness and exceptional analytical abilities.