Responsible for exhibiting Chesapeake Utilities Corporation's Mission, Vision and Values, regarding external customers, agencies, vendors, internal departments and co-workers. The Director of Internal Audit is responsible for the design and implementation of the Internal Audit Program for Chesapeake Utilities Corporation and its subsidiaries ("Chesapeake"). The Director plans, directs, and administers a comprehensive risk-based internal audit program that includes, but is not limited to, complex audits of financial, operational, compliance, Sarbanes-Oxley Section 404, fraud investigations, and information systems. He/she will have primary leadership responsibility for maintaining and strengthening the internal control environment. The successful candidate will provide independent reviews and evaluations of the company's operations, information systems, financial controls, major business processes, records and reporting functions, and provide recommendations to Chesapeake management and the Board of Directors. The Director of Internal Audit will also be the point person related to the Company's whistleblower hotline and will be involved in any related investigations, monitoring and reporting.

The Director of Internal Audit will manage individuals and will interface regularly with the Audit Committee of Chesapeake's Board, during formal Committee meetings and also informally between meetings as needed. The role will also interface with and coordinate the scope of coverage with the Company's external auditors (both financial and systems), and interact with senior operating executives - most notably the company's Chief Executive Officer, Chief Financial Officer, Chief Policy and Risk Officer, Vice President and Controller, Vice President and Chief Accounting Officer and the Presidents/Vice Presidents of the various business units.

Primary duties and responsibilities include:

• Develop and execute a comprehensive, risk-based financial, operational, and information technology systems audit program, with a goal of both maximizing Company performance and control, while minimizing risk. The plan must reflect a thorough understanding of the Company's businesses and operations, as well as the changing regulatory environment and its impact on corporate governance and internal controls.
• Organize, direct, and control the Internal Audit Department and the work of all internal audit staff. This includes the review and approval of workpapers and internal audit reports.
• Ensure the internal audit function operates within the professional standards set forth by the Institute of Internal Auditors.

• Assess the current audit team and lead the succession planning, recruitment, and development of department employees. Build a function that is viewed as providing future financial leaders for the corporation.
• The Director of Internal Audit is responsible for the examination and evaluation of the adequacy and effectiveness of the system of internal control to ensure that it is functioning as planned and that it is updated as necessary to meet changes in operating conditions.
• Direct and lead the Company's annual compliance with the Sarbanes-Oxley Act and its related requirements.
• Ensure that departments, functions and businesses are operating consistently with the Company's policies and procedures, as well as various laws and regulations.
• Report the results of all audits to the President/CEO, Executive Vice President and Chief Policy and Risk Officer, CFO, and Audit Committee and records action plans taken by management to correct conditions reported by audit findings.
• Reviewing the Disaster Recovery Plan and Business Continuity Plans, and the related testing of the plans on a regular basis.
• Respond effectively to management's request for specific and/or special audit projects.
• Perform periodic reviews of Management Action Plans to ensure they were implemented and operating effectively.
• Verifies the existence of Company assets and assure that proper safeguards are maintained to protect them from losses of all kinds.

• On an annual basis, provide a report to the Audit Committee of the Company's compliance with the provisions of Sharp's Global Risk Management Policy, as well as any similar policies adopted for new entities in the future.
• Reviews the reliability and integrity of financial information and the means used to identify measure, classify and report such information.
• Prepare and present Internal Audit Services' status to the Audit Committee and Senior Leadership at least quarterly. This status includes area of focus during the quarter and the progression of achieving the annual audit plan.

• Serve as a principle team member of the Company's Disclosure Committee. Establishes quarterly meetings with the various business units and select departments to identify areas of risk and other required communications. Prepare and present a summary of the various meetings to the Senior Management team to assist them with their quarterly certification of the Form 10-Q or Form 10-K.
• Responsible for the testing (pre and post) of system implementation/conversions to ensure the transactions are properly processed and the desired outcome is achieved.
• Serve as a key member of the M&A team by performing the financial due diligence on targeted companies and then preparing post-mortem analyses of the actual results versus the pro forma modelled results.
• Responsible for developing and submitting a budget for the internal audit function.
• Serve as an Advisory Member of the Company's Risk Management Committee, which advises management on business related transactions, i.e. derivative instruments, risk identification, and the compliance with the respective risk management policies.
• Serve as the administrator of the Company's Whistleblower Hotline to ensure complaints are kept confidential and each item is thoroughly investigated. A report on the results of the investigation is drafted and presented to the Audit Committee
• Foster a cooperative relationship with the external auditors to coordinate and maximize audit coverage and provide direct support to impact external fees. This includes coordination SOX operating cycles, sample sizes, and direct assist work.
• Coordinate the internal audit efforts with those of the Company's independent public accountants and acts as liaison with regulatory examiners.
• Stay abreast of the latest internal audit trends, focus areas and tools/techniques/technology. Incorporate into the Company as appropriate.

Requires...a total commitment to Chesapeake Utilities Corporation's Mission, Vision and Values and:

• The successful candidate will possess a minimum of 15 years of total business experience, ideally including a blend of both technical and operational finance. A thorough and current knowledge of audit practices, accounting policies and SEC requirements is a must. In addition, recent application of such knowledge and practices to enterprise risk management, compliance, and internal controls within a publicly-traded company is highly desired.
• An ideal candidate will combine a minimum of 10 years of relevant accounting and audit experience, enhanced by several years of progressively responsible work in control, reporting, financial planning, or operational finance roles within a public company.
• Experience in industries analogous to Chesapeake's is desired. Examples would include working for (or closely with) companies in a regulated utility, propane or CNG business.
• Strong organizational skills - leadership, management, process, relationship management. Understands organizational interdependencies and cultural nuance and can leverage them to build relationships that span a broad spectrum of organizational levels. A strong developer of people. A change agent, who can constructively challenge senior executives in an appropriate fashion. A team-builder.
• Strong communication skills - verbal, written, listening. Articulate, expressive, engaging, inspiring. Can deliver value-added assessments and sound advice, good news and bad, in a relevant, concise and clear manner tuned to the audience and with a high level of credibility at the top management and Board level.
• Broad strategic thinker. Understands the big picture and business issues, as well as the financials. Contributes insights that are outside the limited scope of compliance.
• A quick thinker who can hold his/her own in the company of thought-leaders and other high-performance professionals. Highly analytical. Can quickly assimilate and synthesize complex data and information into a decision-making framework.
• A flexible problem-solver. Can manage a large and diverse portfolio of projects and issues and rapidly assess situations with multiple outcomes and consequences.
• A confident, proactive self-starter. Can work autonomously. Strong attention to detail.
• Unquestionable integrity and discretion. Committed to core values and ethical business conduct and has the backbone to stand up for what is right and necessary.
• Mature, with high professional integrity and honesty - able to separate people from issues.