Not a role for US based employees.
Pros
The company is profitable, has stable revenue streams and is committed to fiscal sustainability. They’ve adjusted compensation ranges and are now above market for most IA roles. Benefits are average. Although long hours are the norm during the week, weekend work is rare. 401k Match vests immediately Potential to work with global teams and in Europe.
Cons
The internal audit group lacks the maturity and expertise needed to provide meaningful insights at an organization of this size and complexity. Most work is advisory and leans heavily on internally developed criteria which makes it difficult for experienced hires to adjust. Work is chaotic and unorganized and there are not sufficient IT resources and tools to effectively document SOX work . IA leadership is centralized in Spain and has no interest in collaboration with teams outside of Madrid. It’s a command and control structure, and even experienced hires are micromanaged. There is a general lack of respect, and lack of professionalism in the way that Internal Audit in Madrid interacts with US based employees (both within IA and with external stakeholders). This results in a very blame-based and distrustful culture where a lot of emphasis is placed on making the work done in Spain seem higher quality or more impactful. All executive level reporting is in Spain, in Spanish so US based employees don’t have executive visibility which limits career potential. Leaders are not invested in the professional growth of their employees. There is no formal feedback structure, and no formal feedback outside of the annual review. It’s not common for employees to have certifications and annual dues are not reimbursed.