Internal Audit Lead - IT Controls and Data Assurance

Internal Audit Lead It & Data Assurance

Lambda, The Superintelligence Cloud, builds Gigawatt-scale AI Factories for Training and Inference. Lambda's mission is to make compute as ubiquitous as electricity and give every person access to artificial intelligence. One person, one GPU.

If you'd like to build the world's best deep learning cloud, join us.

This position requires presence in our San Jose office location 4 days per week; Lambda's designated work from home day is currently Tuesday.

This role will be primarily responsible for SOX compliance, IT controls, and data assurance activities for SaaS and third-party hosted business systems, with additional oversight of homegrown applications and systems as needed. The individual will lead testing and assurance projects related to IT General Controls (ITGCs), IT Automated Controls, and Key Report testing, while also driving advisory initiatives to strengthen IT governance, risk management, and data integrity across the enterprise. This is a Senior level role that combines hands-on testing and evaluation with leadership, oversight, and stakeholder engagement.

SaaS / Business Systems It Controls

• Lead SOX IT testing and assurance activities for SaaS and third-party hosted business applications, including ERP, CRM, HR, procurement, and financial reporting systems.
• Evaluate and test IT General Controls, automated business process controls, and key report logic across cloud-hosted platforms.
• Collaborate with system administrators, business owners, and SaaS vendors as needed to validate control design across all applicable IT control domains.
• Assess vendor SOC reports to ensure adequate assurance over outsourced IT environments.
• Assist in the annual IT SOX scoping and risk assessment process in alignment with the overall ICFR and SOX program.
• Conduct and lead walkthroughs and design / effectiveness testing of IT controls across homegrown and third-party systems.
• Coordinate evidence collection, manage remediation efforts, and ensure timely closure of audit gaps.
• Oversee the work of co-sourced as well as internal team members and review their work to ensure high-quality, consistent results.
• Identify control deficiencies and work with management to design effective remediation approaches and measures.
• Monitor changes to business processes and apply independent judgement to evaluate the potential impact to the control environment and recommend necessary improvements. Present the impact of the changes to the Head of Internal Audit and other stakeholders prior to implementation.
• Manage and update all ICFR / SOX 404 documentation as required including COSO framework mapping, process and control narratives / flowcharts, risk and controls matrix, and testing approach.
• Apply professional skepticism and subject matter expertise to independently evaluate and conclude on control deficiencies and develop the necessary remediation actions and monitor their implementation in due time.

Stakeholder Engagement

Reporting & Communication

Education & Certification

Experience

Skills & Competencies

Nice to Have

The annual salary range for this position has been set based on market data and other factors. However, a salary higher or lower than this range may be appropriate for a candidate whose qualifications differ meaningfully from those listed in the job description.

Founded in 2012, ~400 employees (2025) and growing fast

We offer generous cash & equity compensation

Our investors include Andra Capital, SGW, Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, Pegatron, Supermicro, Wistron, Wiwynn, US Innovative Technology, Gradient Ventures, Mercato Partners, SVB, 1517, Crescent Cove.

We are experiencing extremely high demand for our systems, with quarter over quarter, year over year profitability

Health, dental, and vision coverage for you and your dependents

Wellness and Commuter stipends for select roles

401k Plan with 2% company match (USA employees)

Flexible Paid Time Off Plan that we all actually use

You do not need to match all of the listed expectations to apply for this position. We are committed to building a team with a variety of backgrounds, experiences, and skills.

Lambda is an Equal Opportunity employer. Applicants are considered without regard to race, color, religion, creed, national origin, age, sex, gender, marital status, sexual orientation and identity, genetic information, veteran status, citizenship, or any other factors prohibited by local, state, or federal law.