Sr. Internal Audit Manager
Marlborough, Massachusetts•Full-time
$100,000 - $131,000 annually
$100,000 - $131,000 annually
About the Job
Thank you for your interest in positions at IPG Photonics. All applicants must apply on our company website to be considered. Please visit www.ipgphotonics.com and click on the “Company” tab. We look forward to seeing your application soon!
Job Description
Position Summary
At IPG Photonics, we are redefining what is possible through advanced laser technology and innovation. We are seeking a strategic and hands-on Senior Internal Audit Manager to lead and strengthen the Company’s internal audit function across operational, financial, compliance, and risk management activities globally.
This role will serve as a key advisor to executive leadership by evaluating internal controls, identifying operational improvement opportunities, supporting enterprise risk management initiatives, and ensuring compliance with applicable regulatory and corporate governance requirements. The Senior Internal Audit Manager will partner cross-functionally with Finance, Operations, IT, Manufacturing, Supply Chain, HR, and executive leadership to drive accountability, process improvement, and risk mitigation across the organization.
The ideal candidate is a strong business partner with experience operating in a complex manufacturing, engineering, or global industrial environment and possesses the ability to balance governance, operational effectiveness, and business practicality.
Key Responsibilities:
Audit & Risk Management:
- Lead the development and execution of the annual internal audit plan based on enterprise risk assessments and business priorities.
- Manage operational, financial, compliance, SOX, and IT-related audits across domestic and international operations.
- Evaluate the effectiveness of internal controls, governance processes, and risk management activities.
- Identify control gaps, process inefficiencies, and operational risks while developing practical, business-focused recommendations.
- Monitor remediation activities and validate completion of corrective action plans.
- Support enterprise risk management (ERM) initiatives and assist leadership in identifying emerging business risks.
Operational & Financial Auditing:
- Conduct audits related to manufacturing operations, inventory controls, procurement, supply chain, engineering, quality systems, payroll, and corporate functions.
- Review financial processes to ensure compliance with GAAP, company policy, and regulatory requirements.
- Assess operational efficiency, cost controls, labor utilization, and process effectiveness.
- Evaluate compliance with company policies, procedures, and delegated authority frameworks.
Compliance & Governance:
- Ensure compliance with applicable laws, regulations, and internal governance standards.
- Support external audit coordination and collaborate with external auditors as needed.
- Assist with investigations involving potential fraud, misconduct, policy violations, or control concerns.
- Participate in compliance reviews related to areas such as export controls, IT security, data privacy, and manufacturing controls where applicable.
Leadership & Business Partnership:
- Build strong relationships across all levels of the organization while maintaining audit independence and objectivity.
- Present audit findings, trends, and recommendations to executive leadership in a concise and actionable manner.
- Mentor and develop audit staff and support continuous improvement within the audit function.
- Drive standardization of audit methodologies, reporting, and documentation practices.
- Support special projects, integrations, organizational changes, and process transformation initiatives.
Requirements:
Qualifications:
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.
- CPA, CIA, CISA, or equivalent professional certification strongly preferred.
- 8+ years of progressive audit, accounting, compliance, or risk management experience.
- Prior experience in public accounting and/or internal audit leadership preferred.
- Experience within manufacturing, industrial, engineering, or global operations environments strongly preferred.
- Strong knowledge of internal controls, risk assessment methodologies, and audit standards.
- Experience with SOX compliance, operational audits, and process improvement initiatives preferred.
- Demonstrated ability to influence leaders and drive accountability in a matrixed organization.
- Strong analytical, communication, presentation, and project management skills.
- Ability to manage multiple priorities and operate independently in a fast-paced environment.
- Proficiency with ERP systems, data analytics tools, and Microsoft Office applications.
Preferred Experience:
- Experience auditing manufacturing operations, inventory management, or supply chain environments.
- Exposure to global business operations and multi-site audit programs.
- Experience supporting ERP implementations, system controls, or digital transformation initiatives.
- Knowledge of regulatory and compliance environments applicable to manufacturing or technology organizations.
Leadership Competencies:
- Strategic thinker with strong business acumen.
- High integrity and professional judgment.
- Collaborative and solutions-oriented approach.
- Strong executive communication and influencing skills.
- Ability to balance governance with operational realities.
- Continuous improvement mindset.
Location(s)
Employment Type:
- Exempt
Wage Information:
- MA: $99,131 - $131,348
- US Benefits Information
Pay Range:
The pay range on this posting applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location posted, the applicable range could differ. Actual starting pay is determined by a number of factors including relevant skills, qualifications, and experience.
Other Compensation: Employees in this role are eligible for additional rewards which could include:
- Annual Discretionary Bonus or Sales Bonus as Applicable.
Benefits Provided: All Regular* US employees receive:
- Paid vacation time accrued based on years of service.
- Paid sick time.
- 12 (twelve) Paid Holidays Each Calendar Year.
*Prorated for reduced hour schedules.
Additional Benefits Offered: IPG also offers access to:
- Medical, dental, and vision insurance plans with options for HSA/FSA
- Dependent Care FSA
- Paid Basic Life and AD&D Insurance
- Short-term and Long-term Disability insurance
- 401(k) plan with Company matching
- Employee Stock Purchase Plan (ESPP)
- Tuition Reimbursement Program
- Employee Assistance Program (EAP)
- Adoption Assistance
- Pet Insurance
- Parental Bonding Leave
- Bright Horizons Backup Care
- Bright Horizons College Coach
*Benefits eligibility may differ by program for reduced hour schedules.
Deadline and How to Apply:
This job posting will remain active until a candidate is identified and/or the Company rescinds the job posting.
For full consideration, please click on the link to apply.