Internal Controls Analyst w/ SOX 404 in Smyrna, GA at Vaco

Date Posted: 11/21/2019

Job Snapshot

Job Description

Financial Internal Controls Analyst

Job Location: Atlanta, GA

Position Type: Internal Controls Management

Job Description: The Financial Internal Controls Analyst responsible for evaluating the design and effectiveness of the financial controls to support financial reporting and operating procedures. Responsibilities also include coordinating control design and implementation in conjunction with the Financial Internal Controls Supervisor, Financial Internal Controls Manager and finance functional managers. Coordinating and executing the financial controls testing is a key function of this position. This includes developing and updating process narratives, creating flowcharts, and detailed test of controls as well as designing and validating remediation plans. This position will assist in the development, execution, and reporting of the internal controls testing. Works closely with the Internal Controls Supervisor and Manager, as well as financial, IT and business process owners in the design and testing of our financial controls framework in support of our internal controls initiative.

Proactively supports the Internal Controls Management establishing and maintaining the Internal Control framework across businesses and functions; partnering with business and finance team to review and improve control processes and perform targeted testing activities to drive compliance and streamline the monitoring and assessment of controls compliance.

Key Responsibilities:

  • Maintain knowledge of developments in the internal control and compliance fields that may have an impact on the company, the risk assessment or the company's audit methodology and procedures
  • Proactively identify existing and emerging risks that may be of importance to the Company's management
  • Integral team member providing guidance on internal controls compliance throughout the organization as well as international entities as needed. Develop and present scoping, testing and remediation training for contractors, interns and new staff as necessary
  • Under the direction of the Internal Controls Supervisor, perform the financial internal control testing activities within various departments of the Company.
  • Assist the Internal Controls Manager with maintaining a comprehensive internal control program for the company

  • Work with departmental management to develop and update internal control documentation (process maps, risk control matrices, process narratives, etc.) periodically to include any new key internal controls or processes identified and ensure appropriate key control structure is maintained
  • Perform detailed walkthrough of processes by performing job shadowing to validate processes as documented in procedures
  • Understand processes, roles, and responsibilities of the interrelated functions at all levels across the business unit
  • Assist in creating and execution of test plans to verify process effectiveness, accuracy, and completeness for specific control tests by established deadlines with minimal supervision. Be able to prioritize assignments, apply sample size guidelines appropriately and provide constant and clear feedback to management and the process owners
  • Identify internal control weaknesses and recommend remediation to strengthen the control environment
  • Identify, document, and communicate process improvements according to findings.
  • Participate in planning, results, and remediation meetings
  • Report testing exceptions to the Internal Controls Management and follow up on remediation efforts in a timely manner
  • Engage with process owners and managers in remediation of control deficiencies
  • Communicate effectively in a clear and professional manner to all levels of the organization, both verbally and in writing using appropriate terminology and communication methods
    Effectively present findings in both face-to-face and small group settings with peers and management
  • Keep up to date with the various systems and applications in use, including but not limited to Oracle, Hyperion, SAP GRC ICS, etc.
  • Review control descriptions, process narratives and testing strategies for reasonableness and accuracy. Make recommendations and implement updates to documentation
  • Assist in designing, implementing, and communicating key reports and test results for management on compliance obligations and progress against compliance plans
  • Perform other duties and responsibilities as assigned.

Experience and Skills:

  • Bachelor's Degree required, with a concentration in Accounting/Audit/Finance
  • 3-5 years of audit experience or equivalent experience in internal controls testing
  • Detailed understanding of general business processes
    • Strong computer skills, including proficiency with MS Office suite, query tools and databases. Advanced Access/Excel and Data Analytical Tools is desirable. Experience with Oracle is a plus
    • Strong oral and written communication skills with all levels of the organization
    • Ability to work independently and collaboratively, as well as multi-task
    • Knowledge of governance, risk and compliance framework (COSO),
    • Strong organizational and planning skills
    • Strong interpersonal and influencing skills and an ability to work in a team environment
    • Ability to work with minimal supervision and meet deadlines
  • Minimum of 2 year experience with SOX 404 documentation and testing compliance
  • Demonstrated analytical and problem solving skills
  • Thorough, diligent and detail oriented documentation skills.
  • Self-starter with excellent organization and time management skills
  • Capability to travel 10% to 20%
  • CPA, CIA or equivalent certification is preferred