Reports To Audit Committee and Board of Directors

Position Overview

Innventure creates, funds, operates, and rapidly scales companies in strategic collaboration with Multinational Corporations (MNCs). Leveraging MNC market data, we seek to identify opportunities where well-protected, disruptive technology solutions address significant unmet market needs.

The Director of Internal Audit, will manage the internal audit and SOX Compliance testing and planning for Innventure, its subsidiaries, and the new companies it creates (collectively referred to as Innventure or organization). This role will initially be as an individual contributor but is expected to grow in scope and responsibilities.

This role will manage the full cycle of SOX Compliance from planning, external audit coordination, internal testing coordination, efficiency/improvement identification and Audit Committee/Board presentations. The ideal candidate has strong organizational skills, meticulous attention to detail, and a solid understanding of accounting principles, SOX compliance requirements as well as being a pragmatic solution-oriented team leader.

Roll-Up-The-Sleeves Style : a person who enjoys an entrepreneurial atmosphere; will have a spirit of pitching in to get the job done and be comfortable in an environment with lean staffing; must understand the need to wear a number of hats during periods of growth and change. Must have a process-oriented mindset that can build out new processes or enhance existing ones.

An Innovative, Strategic and Operational Mindset: must have a high level of business curiosity and will be interested in, and involved with, operational issues and how they affect the financial function; will be able to meaningfully participate in developing strategies to support a growth plan; will bring rational, objective judgment to bear on tough issues and decisions; must understand the need to wear a number of hats during periods of growth; will have developed a best practices “toolkit” and manage the creation and development of metrics and “scorecards” to enable and enhance functional stewardship of managing budgets and investment in strategic and operational initiatives that drive the business forward.

Comfort Level with Information Technology: will use technology to improve access to information needed to run the business; will utilize systems to improve processes, eliminate errors and reduce administrative costs.

Role Responsibilities

Plan and support the Company's SOX program including performing risk assessment, leading walkthroughs and performing tests of design and operational effectiveness of controls. Coordinate SOX program testing of controls with internal partners, external audit, control owners, managers, Operating Companies/Subsidiaries and executive management. Evaluate control deficiencies for impact and perform root cause analysis to determine appropriate management actions. Monitor and support management's remediation efforts to closure, including review of supporting evidence. Help assess changes to existing business processes to identify risks and provide recommendations for improvement. Advise in the design of controls /opportunities for control rationalization. Identify ways to improve the efficiency and effectiveness of business processes and opportunities to eliminate waste and assist in assessing financial operations and making best-practice recommendations to management. Help plan and conduct internal audits and investigations. Assist in the coordination efforts of ERM activities. Prepares and submits reports on the results of SOX audit, recommending improvements in policies, procedures, and operations Audit Committee and Board Presentations Be proactive in offering suggestions in and identifying opportunities for process and efficiency improvements Can appropriately challenge the status quo; never satisfied and always looking to improve Take ownership of projects and tasks assigned as well as those self-identified Additional ad hoc analysis and projects as needed

Required Qualifications and Experience

Minimum five years’ experience in Big Four advisory, assurance and/or auditing, including some supervisory experience Strong knowledge of risk assessment and familiarity with tools and techniques used to provide control and monitoring mechanisms Thorough understanding of SOX requirements and operational/financial risk of a global manufacturing company preferred In-depth knowledge of COSO Internal Control Framework and Sarbanes-Oxley requirements Solid knowledge of IT audit methodologies and control frameworks of IT platforms, processes, systems and controls, including areas such as network security, logical access and change management Solid understanding of required controls at an infrastructure and application level, databases and systems maintenance Exceptional written, oral, interpersonal and presentation skills and the ability to effectively interface with a broad range of audiences including senior management, business and industry partners The ability to quickly develop strong working relationships with internal departments, including those in international locations, external auditors while explaining their findings, and meeting face to face and/or via video call with process owners and other interested parties to communicate their findings. Strong dedication to driving and achieving results Must be a critical thinker Solutions-oriented, good attention to detail Self-starter and reliable follow-up through to completion Ability to work independently and process multiple projects while prioritizing workflow Highly organized with ability to prioritize workload, detail-oriented, and work independently Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused, startup work environment Flexibility to adapt in a quickly changing environment Ability to work for businesses without being on-site within the business

Preferred Qualifications

Experience with NetSuite preferred, but not required Prior Accounting experience preferred, but not required Manufacturing background experience preferred, but not required

This role will largely be remote but will be based in Orlando, FL and may require some travel