Job Description
The Financial Controls Oversight (FCO) group is a part of Corporate Finance Business Risk Management team in the Controller’s Organization within Corporate Finance. The FCO team is responsible for the execution of the Sarbanes Oxley (SOX) Compliance program across the entire organization in order to support the quarterly and annual CEO and CFO certification over internal controls over financial reporting. In order to support the SOX attestations, the key functions of the group include determining the material accounts, business areas/locations, and risks required to be addressed as part of the SOX program, working with business and accounting personnel to identify controls throughout the organization that mitigate financial reporting risks, testing identified key controls, and assessing the materiality of the impact of control deficiencies identified.
Key responsibilities:
Ownership and accountability for the end-to-end program management of the Company’s Internal Controls of Financial Reports (ICFR) compliance to Sarbanes-Oxley requirements for a significant class of transactions including assisting with annual planning, financial statement risk assessment / scoping, design walkthroughs, operating effectiveness testing and reviews, identification, evaluation and remediation of deficiencies and Archer system responsibilities for controls and deficiencies
Contribute to enterprise-wide scoping of accounts and mapping to controls (includes both quantitative and qualitative considerations), SOX critical applications, spreadsheets/models, and third-party service providers
Partner with IT compliance to monitor comprehensive plans for SOX oversight of IT General Controls
Participate in discussions with process and control owners to assess inherent risks, identify controls and control gaps, by conducting walkthroughs with end-to-end knowledge of assigned business units
Identify, document and maintain evidence supporting process and controls objectives
Liaising with the business units to remediate risks, findings and gaps identified during the validation process and suggest control improvements to remediate exceptions identified and work with management to track issues to resolution
Timely update and review of testing progress in reporting system
Identify and drive transformation efforts to continue to enhance the functionality of the SOX Compliance Program
Providing day to day guidance and management of staff and work to retain talent on the team
Communicate and coordinate with external auditors regarding execution of the SOX program to ensure maximum reliance on our work with effective channel of communication
Assist with Information technology SOX compliance
Qualifications and experience:
Chartered Accountant (CA) and/or Certified Public Accountant (CPA) 11-14 years of progressive auditing/SOX/Accounting experience; preferably financial services
Certified Internal Auditor (CIA) / Certified Information Systems Auditor (CISA), Chartered Financial Analyst (CFA) certification or candidate is a plus
Strong accounting background with theoretical and practical knowledge of US GAAP, SOX 404 and SEC financial reporting standards
4+ years of continuous experience in a Big 4 firm practice testing controls at large public clients
Degree in accounting, information technology, or related field
Strong project management, time management and organizational skills
Ability to build positive relationships and describe complex issues in simple terms to varying levels of seniority
Confidence to communicate difficult messages
Stay current on new technical literature applicable to the internal control process (e.g., PCAOB guidance, SEC, etc.)
Collaborative, quick learner, team player and good under pressure, ability to multi-tasking and participate in various projects/process improvement
Ability to prioritize and drive results in a deadline driven environment while maintaining attention to detail and accuracy
Strong interpersonal, oral and written communication skills; ability to effectively challenge and influence
Key responsibilities:
Ownership and accountability for the end-to-end program management of the Company’s Internal Controls of Financial Reports (ICFR) compliance to Sarbanes-Oxley requirements for a significant class of transactions including assisting with annual planning, financial statement risk assessment / scoping, design walkthroughs, operating effectiveness testing and reviews, identification, evaluation and remediation of deficiencies and Archer system responsibilities for controls and deficiencies
Contribute to enterprise-wide scoping of accounts and mapping to controls (includes both quantitative and qualitative considerations), SOX critical applications, spreadsheets/models, and third-party service providers
Partner with IT compliance to monitor comprehensive plans for SOX oversight of IT General Controls
Participate in discussions with process and control owners to assess inherent risks, identify controls and control gaps, by conducting walkthroughs with end-to-end knowledge of assigned business units
Identify, document and maintain evidence supporting process and controls objectives
Liaising with the business units to remediate risks, findings and gaps identified during the validation process and suggest control improvements to remediate exceptions identified and work with management to track issues to resolution
Timely update and review of testing progress in reporting system
Identify and drive transformation efforts to continue to enhance the functionality of the SOX Compliance Program
Providing day to day guidance and management of staff and work to retain talent on the team
Communicate and coordinate with external auditors regarding execution of the SOX program to ensure maximum reliance on our work with effective channel of communication
Assist with Information technology SOX compliance
Qualifications and experience:
Chartered Accountant (CA) and/or Certified Public Accountant (CPA) 11-14 years of progressive auditing/SOX/Accounting experience; preferably financial services
Certified Internal Auditor (CIA) / Certified Information Systems Auditor (CISA), Chartered Financial Analyst (CFA) certification or candidate is a plus
Strong accounting background with theoretical and practical knowledge of US GAAP, SOX 404 and SEC financial reporting standards
4+ years of continuous experience in a Big 4 firm practice testing controls at large public clients
Degree in accounting, information technology, or related field
Strong project management, time management and organizational skills
Ability to build positive relationships and describe complex issues in simple terms to varying levels of seniority
Confidence to communicate difficult messages
Stay current on new technical literature applicable to the internal control process (e.g., PCAOB guidance, SEC, etc.)
Collaborative, quick learner, team player and good under pressure, ability to multi-tasking and participate in various projects/process improvement
Ability to prioritize and drive results in a deadline driven environment while maintaining attention to detail and accuracy
Strong interpersonal, oral and written communication skills; ability to effectively challenge and influence
💡 Quick Summary
Seeking a career-building opportunity? The Sox Compliance Auditor - Assistant Vice President position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
