Auditor II, Internal Audit - CarMax

CarMax, the way your career should be! 

About this job

Are you collaborative, self-motivated, and seek opportunities for innovation and continuous improvement?  Do you listen with intent to understand problems and provide valuable business insights and impactful solutions? Do you enjoy a variety of work at a company that has a strong mission, purpose and values? 

Great! Keep reading to learn more about joining our CarMax Audit Services team as a Auditor I/ Staff Auditor within the business process space.

This role will broadly support the CarMax Audit Services team through the development and execution of the department’s audit plan. The scope of work will include supporting the department in designing and executing risk-based audits and other reviews of processes and controls across financial, operational, compliance, and other risk areas. This role requires an individual with strong analytical, teamwork, and communication skills to deliver excellent customer service and promote the department’s value proposition.   

What you will do – Essential Responsibilities

With guidance from your manager:

• Support audit, advisory or other special projects designed to evaluate a combination of financial, operational and compliance risks including consideration of the related technology processes

• Assist in the planning and execution of testing internal controls over financial reporting for management’s assessment under Section 404 of the Sarbanes-Oxley Act (“SOX”)

• Assist in the planning and execution of consumer compliance audit programs including coordination with management’s compliance function
• Assist in risk assessment activities to understand business processes and controls to effectively evaluate their design, identify risk and develop solutions to mitigate those risks
• Assist in the design and execution of audit procedures to assess financial, operational and compliance risks

• Provide innovative and value-add insights to drive improved process efficiency and effectiveness for the Company and in the department’s audit processes
• Assist in developing creative and dynamic solutions for effectively communicating audit activities and results to senior leadership and key stakeholders (dashboards, visualizations, etc.)

What’s In It for You?

CarMax takes care of our associates so you can show up at your best, both inside and outside of work. 

• We offer many remarkable benefits and incentives ranging from a highly competitive compensation package (e.g., 401k + company match, bonus/stock, medical, tuition reimbursement) to several well-being offerings (e.g., flexible time away policy, on-site gym and cafeteria, various insurance offerings).
• Further, one of CarMax’s core values is Put People First.  We understand you have priorities outside of the office, and when joining our Audit Services team, you can count on strong work/life balance.  There are also countless learning and growth opportunities that come from activities such as networking with a variety of teams across the business, engaging in a variety of projects, and participating in CarMax development programs.
• Finally, we like to have fun, whether this be celebrating our internal team accomplishments, participating in the wealth of company activities (e.g., yoga, quarterly communications meetings, breakfast with leadership), or giving back to our communities through hands-on service.

Qualifications and Requirements

Skills and experience required:

• Bachelor’s degree, preferably in Business Administration, Accounting, Finance, Economics, Information Systems, or other related degree
• 2+ years of audit experience in an internal audit or other risk/compliance/consulting function
• Strong background in assessing risks and internal controls including, but not limited to:
  • Performing risk assessments to identify key areas of risk (financial, compliance and operational)
  • Designing and executing appropriate procedures to address identified risks and validate the design and operation of controls
  • Evaluating processes to identify controls and the associated system dependencies
• Strong technical knowledge of U.S. Generally Accepted Accounting Principles
• Experience with SOX 404 compliance
• Strong time management skills
• Strong written and verbal communication skills
• Ability to perform multiple projects concurrently to meet deadlines
• Ability to work in a team setting as well as independently
• Ability to work with mathematical concepts as they relate to auditing, accounting, budget and financial analysis

Skills and experience preferred:

• Certified Public Accountant (“CPA”), Certified Internal Auditor (“CIA”) or Certified Information Systems Auditor (“CISA”)
• Experience with consumer compliance laws and regulations or other compliance audit activities
• Retail industry and/or financial services knowledge and experience
• Experience with the financial reporting processes for publicly listed companies
• Experience with existing and emerging automation and analytics tools (Alteryx, Tableau, etc.)

Work Location and Arrangement: This role will be based out of the Richmond, VA Home Office and have a Hybrid work arrangement   

Work Authorization:  Applicants must be currently authorized to work in the United States on a full-time basis. 

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community.  We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.