Senior Internal Auditor

Company Overview:Founded in 1892, B. F. Saul Company has been one of the most successful privately-owned real estate companies in the United States. Our growth has been the results of a commitment to exacting standards and the belief that knowledge of the marketplace, when paired with the ability to commit to substantial resources, will bring exceptional rewards. B. F. Saul Company has a variety of skilled professionals within the following operating divisions, Property Management, Leasing, Hospitality Group, Residential, Insurance, Construction & Development. The B. F. Saul Company concentrates on ownership, development, and construction of commercial real estate.Job purpose/summary:The Senior Internal Auditor is responsible for executing operational, financial, and compliance audits across the organization. This role supports the Internal Audit function in evaluating the effectiveness of risk management, internal controls, and governance processes. The Internal Audit Senior leads audit fieldwork, develops recommendations for process improvements, and partners with business stakeholders to enhance control effectiveness while providing independent assurance to management and the Audit Committee. The Senior Internal Auditor supports the real estate investment trust (REIT) and hospitality divisions of B.F. Saul Company. This position will perform assigned audits under the guidance of the Vice President - Internal Audit.Supervisory Responsibilities:This position has no direct supervisory responsibilities at present but may serve as a coach and mentor for interns, contractor resources, or other team members as neededSummary of Competitive Benefits & Perks:Health/Medical Insurance including Dental and Vision401(k) with company matchPaid time offBonus/Target IncentiveTuition ReimbursementComplimentary usage of modern in-house fitness centerOn-premise full-service dining center discountsDiscounts via the company’s EAPMonthly Employee Recognition ProgramsReferral bonusPre-tax transportation optionsPlus more!Company Core Values:Excellence: Demonstrates a commitment to continuous improvement, innovation, and achieving the highest possible standards for performanceEthics: Demonstrates a commitment to integrity, peer respect, and fairness. Continuously demonstrates a strong work ethic by exhibiting an indisputable drive to get the job doneResults: The product of consistently going above and beyond to deliver exceptional value for the team and the organizationEssential Job Functions of the Senior Internal Auditor:Audit Planning and ExecutionLead and perform risk-based internal audits in accordance with the annual audit planConduct walkthroughs, process reviews, and control assessments to identify risks and control gapsDevelop audit programs and testing procedures aligned with audit objectives and identified risksExecute audit testing, analyze results, and document findings with appropriate supporting evidenceAssess the design and operating effectiveness of financial, operational, regulatory, and technology controlsEnsure audit workpapers comply with Internal Audit methodology and professional standardsRisk Assessment and Internal ControlsEvaluate key business risks and emerging risk areasIdentify opportunities to strengthen internal controls and improve operational efficiencyAssess management's action plans to address identified control deficienciesParticipate in enterprise risk assessment activities and audit planning processesSOX and Financial ControlsExecute and support the Company's Sarbanes-Oxley (SOX) compliance programAssess and test key controls over financial reporting, including entity-level controls and significant business processesPartner with control owners to evaluate changes in processes, systems, and risks impacting SOX complianceAssist with deficiency evaluation, remediation validation, and management reportingCoordinate with external auditors to support reliance on Internal Audit testing where appropriateREIT and Real Estate Operations Risk ManagementEvaluate risks and controls related to:Property management operationsLeasing and tenant administrationRevenue recognition and rental income processesCapital projects and development activitiesProperty acquisitions and dispositionsTreasury, debt compliance, and cash management activitiesAssess compliance with REIT-specific operational and regulatory requirementsReview controls supporting key performance metrics and investor disclosuresReporting and CommunicationPrepare clear, concise, and well-supported audit observations and recommendationsDraft audit reports and communicate audit results to managementPresent findings and recommendations to business leaders and audit managementMonitor and validate remediation efforts for audit findingsStakeholder EngagementBuild productive relationships with business and functional leadersServe as a trusted advisor while maintaining independence and objectivityCollaborate with external auditors and compliance teams, as appropriateSupport special projects, investigations, and consulting engagementsContinuous ImprovementUtilize data analytics and audit technologies to enhance audit coverage and efficiencyStay informed of industry trends, regulatory developments, and emerging risksContribute to enhancements of audit methodologies, tools, and analytics capabilitiesRequired Skills and Abilities of the Senior Internal Auditor: Strong understanding of internal control frameworks and risk management principlesKnowledge of auditing standards and professional practicesAbility to identify root causes and develop practical recommendationsStrong analytical, critical thinking, and problem-solving skillsExcellent written and verbal communication skillsAbility to manage multiple assignments and meet deadlinesProficiency with Microsoft Office applications, including Excel, PowerPoint, and WordUnderstanding of REIT business models, real estate accounting, property operations, and related risks preferredExperience with data analytics tools and audit technologies preferredRequired Education / Required Experience of the Senior Internal Auditor:Bachelor's degree in Accounting, Finance, Business Administration, or a related field3 to 5 years of experience in internal audit, external audit, risk management, compliance, or related fieldsExperience conducting end-to-end audits and control assessmentsExperience working with cross-functional stakeholders in a complex business environmentExperience with SOX 404 compliance programs and internal control frameworksReal estate, REIT, property management, construction, or real estate investment industry experience preferredAdditional Job Qualifications of the Senior Internal Auditor:Professional credentials, such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE) or demonstrated progress toward certificationCore Job Competencies of the Senior Internal Auditor:Communication - Interact with employees at many levels of the organization and must have the ability to express ideas and information orally and in writing keeping in mind the intended audienceAnalysis skills - Can be counted on to gather, understand, and process information that is critical to the organization’s operationsPlanning & Organization - Accomplishing specific goals while managing time and resources to meet deadlines and expectationsAttention to Detail - Focusing on all areas of a project and paying close attention to all aspects of itThe actual base pay offered is determined by several variables, including, as appropriate, the applicant's qualifications for the position, years of relevant experience, distinctive skills, level of education attained, certifications or other professional licenses held. Base pay is one component of B. F. Saul Company & Affiliates total compensation package, which also includes access to or eligibility for healthcare benefits, a 401(k) plan, short-term and long-term disability coverage, basic life insurance, bonus plans and more.B. F. Saul Company is proud to be an equal opportunity workplace. We foster an environment that recognizes employees’ unique skillsets and ensure that all employees have an equal opportunity to grow and advance.If you are a candidate in need of assistance or an accommodation in the application process, please contact corporate.resumes@bfsaul.com or 301-986-6000.Equal Opportunity Employer/Veterans/Disabled