Assistant Internal Audit Risk Management Jobs in Chicago, IL

The Company

At Madison Air, we see air differently. Our mission is to make the world safer, healthier, and more productive through the power of better air. We are a leading provider of mission-critical indoor air quality solutions serving customers across data centers, healthcare, advanced manufacturing, commercial, and residential markets through a portfolio of industry-leading brands.

In April 2026, we completed a highly successful IPO (NYSE: MAIR). As a newly public company, Madison Air is building a best-in-class governance and control environment to support its continued growth, creating unique opportunities for Internal Audit professionals to make a meaningful impact.

The Role

Role Overview

The Internal Audit Senior Associate plays an important role in strengthening Madison Air's risk management, internal control, and governance environment across a diversified global manufacturing organization. This position executes and leads portions of risk-based operational, financial, compliance, and SOX audits while partnering closely with business leaders across corporate functions and manufacturing locations.

The ideal candidate combines strong audit execution skills with intellectual curiosity, sound judgment, and a collaborative mindset. This role offers broad exposure to senior leadership, manufacturing operations, SOX compliance, and enterprise risk management while supporting the continued evolution of Madison Air's internal audit function.

Key Responsibilities

• Execute financial, operational, compliance, and SOX audits across corporate and manufacturing locations, from planning through reporting.
• Assess risks, evaluate internal controls, and perform audit testing to identify opportunities for improving governance, compliance, and operational effectiveness.
• Document and analyze business processes, risks, and controls through walkthroughs, interviews, data analysis, and testing procedures.
• Support the Company's SOX 404 compliance program, including walkthroughs, control testing, deficiency assessment, and remediation tracking.
• Develop clear audit observations and practical recommendations that strengthen controls, mitigate risk, and support business objectives.
• Support enterprise risk assessment activities and identify emerging risks, process improvement opportunities, and control enhancements.
• Partner with business leaders and process owners across Finance, Operations, Manufacturing, Supply Chain, and IT to strengthen controls and support business objectives.
• Leverage data analytics and technology-enabled audit tools to enhance audit effectiveness and insights.

Qualifications

Required

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 3-5 years of progressive experience in public accounting (Big 4 or national firm) and/or internal audit within a complex organization.
• Strong understanding of internal controls, auditing principles, and risk assessment methodologies.
• Knowledge of SOX 404, COSO, and public-company control requirements.
• Experience executing audits from planning through reporting.
• Strong analytical, problem-solving, and project management skills.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and work independently in a fast-paced environment.
• Willingness to travel approximately 15%-20%, including domestic and occasional international travel.

Preferred

• CPA, CIA, or CISA certification.
• Experience in a publicly traded, newly public, or SOX-regulated environment.
• Manufacturing industry experience, including exposure to inventory, cost accounting, supply chain, or plant operations.
• Familiarity with ERP systems and data analytics tools.
• Exposure to operational audits, process improvement initiatives, or advisory engagements.

What We Offer

• The opportunity to help build and mature a best-in-class internal audit function in a newly public company.
• Exposure to senior leadership and strategic business initiatives.
• Meaningful involvement in SOX compliance, risk management, operational audits, and process improvement efforts.
• A collaborative, entrepreneurial environment where your contributions can have a visible impact.
• Competitive compensation and comprehensive benefits.
• Significant opportunities for professional growth and career advancement across the organization.