Derek Dominguez

Hired as the first Internal Audit (IA) team member to continue the implementation and direction of the first-year SOX program with a co-source firm. I partnered with key stakeholders and some executives to promote IA as a credible and trusted business partner, providing risk-based and objective assurance, advice, and insight. I collaborated with management to identify risks, make recommendations, manage workflows, and prioritize tasks.

• Under limited direction and with no VP of IA, directed the first-year SOX program, managing 11 scope areas with co-source firm.
• Implemented and trained teams on Auditboard SOX compliance software.
• Conducted SOX risk assessments, materiality, and scoping for FY24 with external auditor buy-in.
• Coordinated walkthroughs and testing to evaluate key internal controls over financial reporting.
• Assisted in preparation of control deficiency aggregation analysis and reporting with senior management for external auditors
• Collaborated with management to obtain action plans for remediation that were monitored for completion
• Assessed and communicated significance of audit insights, results, and recommendations to management
• Liaise with other teams at Turo that perform governance, risk, control, and monitoring activities such as IT and Legal

Lucira Health eliminated the role due to bankruptcy . Hired as the first IA member, responsible for developing a vision, strategy, and function to implement SOX compliance, audit plans, and risk management in accordance with IIA standards, COBIT, and COSO frameworks. I oversaw the implementation of the first-year SOX program, managed the co-source firm, and achieved cross-functional goals. Additionally, I partnered with key executives to promote IA as a credible and trusted business partner.

• Identified and assessed potential IT, financial, operational, and compliance risks across various business functions
• Managed execution and maintenance of the annual Sarbanes-Oxley initiative to ensure company compliance with established policies and procedures and GAAP rules and regulations
• Evaluated and implemented SOX compliance software Auditboard
• Managed co-source to test the operating effectiveness of controls and optimize efficiencies and maintain quality of testing
• Collaborated with management to obtain action plans for remediation that were monitored for timely completion
• Assessed and communicated significance of audit insights, results, and recommendations to management and leadership.

BioLegend/Perkin Elmer eliminated the role due to acquisition by a public company. As the first IA member, I developed a vision, strategy, and function to implement SOX compliance, audit plans, operational reviews, internal controls, governance, and risk management in accordance with IIA standards, COBIT, and COSO frameworks. I oversaw the implementation of the first-year SOX program, managed the co-source firm, and achieved cross-functional goals. Additionally, I partnered with key executives to promote IA as a credible and trusted business partner, providing risk-based and objective assurance, advice, and insight. I collaborated with management to identify risks, make recommendations, manage workflows, and prioritize tasks.

• Through innovative remediation implement FloQast, which strengthened the internal control environment while saving company manual labor hours and approx $31K
• Developed and presented a 3-year IA vision and strategy to key stakeholders for collaboration, feedback, and support
• Developed and provided training to finance control owners and management to strengthen knowledge and partnership
• Identified and assessed potential IT, financial, operational, and compliance risks across various business functions
• Managed execution and maintenance of the annual Sarbanes-Oxley initiative to ensure company compliance with established policies and procedures and GAAP rules and regulations
• Managed co-source to test operating effectiveness of internal controls and optimize efficiencies and maintain quality of testing
• Assessed and communicated significance of audit insights, results, and recommendations to management and leadership.

Assisted cross-functional teams in performing financial and operational audits, and participated in the development of enterprise risk assessment. Assisted in audit plan development, conducted investigations, built relationships with senior leaders, and implemented IIA and COSO audit framework for efficient execution.

• Designed and delivered audit programs to address relevant risks and audit assertions across Zoom
• Educated process owners effectively, including non-finance individuals, on the importance of controls, an effective control environment, process excellence, and the role of Internal Audit
• Demonstrated outstanding leadership capabilities by managing projects within a team of Internal Audit professionals, sharing ideas and perspectives for process improvements
• Prepared audit reports to document audit scope, procedures, findings, and recommendations
• Contributed to development of the strategy for the Internal Audit framework with the Head of IA and Sr. Managers
• Assisted with development and implementation of internal procedures, methodologies, and IIA framework used for overall project management.

Managed operational and financial internal audits across company segments, including risk assessments, planning, execution of fieldwork, analysis, and coaching of supporting project teams. Developed internal audit sampling guidance, led multiple audits concurrently, and supported the company's SOX Compliance Program.

• Conducted financial, operational, and advisory engagements of moderate complexity and scope across the organization
• Identified a planning gap in the audit process and implemented a solution
• Managed an international SOX implementation project for the Kingdom of Saudi Arabia over 4 scope areas
• Led recruiting and networking initiatives that built and championed relationships to promote IA as a trusted business resource
• Managed internal and external communication of risks and issues to business partners, drafted and issued reports, and managed remediation plans
• Assisted with QA reviews to ensure projects conducted conform with the IIA IPPF, department methodology, policies, and all compliance requirements.

Developed a working knowledge of audit expectations, statutory and other regulatory requirements, and planned audit project approach. Assisted in conducting public and private audits, coached new associates, developed critical thinking, and assisted in PCAOB inspection and QAR for audits performed.

• Conducted and coordinated public and private interim and year-end audits from planning to reporting
• Coached new associates through testing areas by providing clear and concise instructions, reviewing work, and providing feedback.
• Developed critical thinking in complex situations, produced data into results, and presented to senior management.
• Assisted in PCAOB inspection and QAR for audits performed.