VP, Internal Audit

Overview

The Vice President, Internal Audit leads Macy’s Internal Audit function, providing independent assurance and advisory services to protect and enhance enterprise value. This executive role partners with the Board, Audit Committee, and senior management to strengthen governance, risk management, internal controls, and operational discipline across a complex omnichannel environment including stores, ecommerce, supply chain, merchandising, and shared services. The role reports functionally to the Audit Committee and administratively to the Chief Legal Officer.

• Board and Executive Partnerships: Serve as a trusted advisor to the Audit Committee and executive management, presenting risk insights, control effectiveness, and emerging issues; escalate significant control issues, fraud risks, or governance concerns with independence and sound judgment.
• Audit Planning and Reporting: Present the annual risk-based audit plan, audit results, thematic trends, and special reviews to the Audit Committee and executive management.
• Enterprise & Retail Risk Coverage: Design and execute a dynamic risk-based internal audit plan for the enterprise, covering store operations, merchandising, pricing, promotions, vendor management, inventory, shrinkage, supply chain, ecommerce, data privacy, IT, cybersecurity, SOX, and regulatory compliance; evaluate control effectiveness over high-volume transactions, complex inventory, and omnichannel journeys.
• Stay current with industry changes and leverage internal/external networks; participate as a member of the Enterprise Risk Management Committee to align on enterprise risks and audit coverage.

• Strategy and Transformation: Create and refine the IA mandate, vision, and mission; advance modern auditing through technology, automation, data analytics, and AI to improve coverage and insights.
• People & Delivery: Lead and develop a high-performing IA team, manage staffing and resource allocation, and ensure delivery of audits and projects aligned to risks.
• Quality & Compliance: Ensure adherence to IIA Standards and professional best practices, with strong QA and continuous improvement programs; manage budget and operating expenses.
• Special
  
  Activities:
  
  Conduct or coordinate special assignments reviewing procedures and controls over financial and operating activities or potential violatons.

• Coordinate with external auditors, compliance, finance, IT, legal, risk management, and loss prevention to optimize assurance coverage and reduce duplication.
• Oversee investigations into suspected fraud or significant control failures as needed; foster a respectful, collaborative environment with colleagues, customers, and communities.

• Audit Leadership & Governance: Deep expertise in leading an independent internal audit function and partnering with Boards/Audit Committees.
• Technology-Enabled Auditing: Proficiency with automation, data analytics, and AI to enhance audit quality and efficiency.
• People & Talent Leadership: Ability to build, develop, and inspire audit teams with succession planning and capability development.
• Cross-Functional Collaboration: Ability to partner with finance, legal, IT, compliance, risk management, external auditors, and business leaders.
• SOX & Governance: Strong knowledge of SOX, internal controls, and public-company governance standards.
• Board Engagement: Experience presenting risk-based plans and results with credibility and executive presence.
• Executive Stakeholder Partnership: Ability to collaborate with senior leaders to support strategic objectives and enterprise value.

• Bachelor’s degree in Business Administration, Accounting, Auditing, Finance, Information Technology or related field; CPA, CIA, CISA or equivalent required.
• 15+ years of relevant experience with public company or retail audit, governance, or related work; experience managing large programs with external/3rd party partners.
• Retail, consumer, or multi-location operating environment experience preferred; digital commerce, data analytics, and technology risk exposure preferred.
• Ability to…