Justin Charles Faires Head of Internal Audit

Head of Internal Audit & SOX Compliance

Nanostring

Aug 2019 - Current (7 years 3 months)

Developed SOX and Internal Audit function while eliminating internal control weaknesses resulting in unqualified financial audit opinions yearly since 2020.
 Promoted in 2021 to develop ERM, SOX and Audit
 Built Internal Audit and SOX function, saving $5M in professional consulting fees
 Remediated four material weaknesses resulting in clean audit opinions for SEC filings over the past 4 years
 Created and executed Enterprise Risk Assessment and Operational Audits reporting to the Audit Committee
 Implemented Workday, Salesforce and SailPoint systems process and controls (SDLCs) resulting in more automated (ITAC) and prevent (ITGC) controls and reduced risk of financial misstatement
 Implemented Cyb

Audit Compliance & Data Analytics Leader

Kaiser Permanente

Jun 2018 - Aug 2019 (1 year 3 months)

Manage internal audits and data analytics for Kaiser Revenue Management Compliance operations.
 Implemented data analytics software to the Internal Audit Department to perform audits and communicate results to Executive Management
 Led Senior Auditors on Integrated Compliance, IT, SOX, and Corporate Audits
 Utilized data analytics to identify additional billable services and revenue opportunities
 Performed operational and compliance audits to integrate newly acquired hospitals and clinics

Vice President of Internal Controls & Sarbanes Oxley Compliance

HomeStreet Bank

Jan 2017 - Apr 2018 (1 year 4 months)

Directed Sarbanes Oxley compliance for Fiscal years 2016 and 2017 resulting in unqualified audit opinions for 10k filings. Managed three direct reports.
 Redesigned IT general computing controls to meet COBIT 5 best practice standards for 44 SOX in scope applications
 Directed the creation of seventy new process flows and 16 IT system maps in Visio to create audit efficiency and reduce risk
 Implemented a Governance Risk and Compliance (GRC) tool throughout the Enterprise resulting in greater efficiencies and adherence to the COSO 2013 framework
 Optimized the department by restructuring and streamlining deliverables reducing compliance costs by 25%
 Reduced internal and external audit deficiencies by 35%

Director ofInternal Audit, Investigations and Compliance

Getty Images

Jan 2014 - Jan 2017 (3 years 1 month)

Lead all corporate audit initiatives performing financial, compliance and operational audits worldwide. Within first 12 months achieved Sarbanes Oxley Compliance for strategic public offering.
 Directed multiple forensic investigations in Argentina, Brazil, China, India, and Korea saving the company an estimated $200k and resulting in employee discipline
 Directed international master delegate audits identifying accounting irregularities of $400k for iStock and Thinkstock subscription programs
 Created Enterprise Risk management program to assess, monitor and mitigate company risks with a focus on customer privacy, security and confidential data, findings were presented to the Audit Committee
 Designed IT general

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Senior Manager Corporate Audit

Boeing Corp

Aug 2012 - Jan 2014 (1 year 6 months)

Lead the Boeing Corporate Audit Operations team -10 direct reports - driving process improvement, managing internal quality control, implementing IT system, and directing new hire/staffing process.
• Directed enterprise transportation and payment team audit – generating $3.8M in cost savings and
recommending automated data analytical tools for continuous monitoring
• Led process improvement initiative for Corporate Audit Reporting - reducing reporting cycle time by 20%
• Led staff training, resource scheduling and hiring through implementation of new metrics such as capacity and utilization, which led to visibility of staff utilization and variance analysis
• Led the implementation of standard work creating pro

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Senior Manager Corporate Compliance North America

Royal Philips Corp.

Apr 2006 - Aug 2012 (6 years 5 months)

Lead the North America Internal Control and SOX compliance – 9 direct reports – promoted in 2010 to streamline governance team and processes.
• Reduced audit issues in IT and segregation of duty issues across multiple instances of SAP
• Promoted to Senior Manager Compliance, newly created position, lead streamlining of Compliance Organization across divisions: Healthcare, Lighting, Corporate, Shared Services and Consumer Electronics
• Integrated 3 new acquisitions into Philips Governance Model – $2B in revenue
• Built new team of nine specialists, defining execution strategies, and creating synergies across US, Mexico, Canada and India – 74 locations
General X-Ray Controller (Performed in conjunction with Compl

Justin Charles Faires

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Justin Charles Faires

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