Corporate Finance - Finance Control Office - Associate

Job description

Position Overview

The Corporate Finance Control group is responsible for compliance with the Firm-wide control framework across the Corporate Finance businesses. This involves establishing appropriate and meaningful risk measures and controls across all Corporate Finance areas and executing robust governance and oversight. The control agenda includes, but is not limited to:

· Risk and Control Self Assessments (RCSA)
· Active issue management
· User Tools
· Business Resiliency
· Sarbanes Oxley compliance (SOX)

This position will manage this agenda specifically for the CCB Financial Control group within the Firmwide Financial Control organization.

The Financial Control function is primarily focused on ensuring the accuracy, integrity and timeliness of the Firm's books and records with an emphasis on general ledger, operating systems and infrastructure controls across the entire lifecycle of the business. Some of the most common functions and activities that are owned by Financial Controllers are balance sheet reconciliation / certification, balance sheet substantiation and GLRS reporting & governance, inter-entity control & governance, manual accounting / bookings to the GL and operating systems and the month end close process & coordination.

Responsibilities of this role include (but are not limited to):

· Manage the risk and control self-assessment process for CCB FC. This includes partnering with the business to identify & evaluate key risks/controls/issues, implementing standards, meeting frequency requirements, and performs control evaluation. This also includes leading executive risk reviews and residual risk evaluation with the business.

· Provide oversight/governance around the FFC User Tool (UT) program and support key initiatives related to UT inventory reduction and categorization. The Control Officer will partner with business UT leads and owners to implement control requirements timely and consistently, drive process improvements, report related metrics to management, and represent CCB FC at FFC-wide UT governance meetings.

· Manage execution of the Sarbanes-Oxley (SOX) process: includes partnering with the program lead and business to identify significant balances/footnotes and associated controls that require SOX scoping. This position also performs QA on test/sample results.

· Manage the business continuity process: includes partnering with the business to formalize a resiliency plan, determining acceptable recovery times to meet business/regulatory/legal obligations, and coordinating the testing (in country and out of country) of these plans

· Lead or participate in monthly/quarterly calls with business partners based on a control agenda

· Coordinate risk-based process reviews and pre/post audit reviews

· Implement Corporate or LOB policies, procedures, or other initiatives related to control enhancements or best practices

· Communicate effectively to Finance business partners and other control functions

· Understand global finance business, organizational, and policy impacts on Corporate Finance and associated control programs *LIPOST

Desired profile

· Experience in SOX testing, Risk & Control Self-Assessment (RCSA), Internal Audits, Process Risk Reviews, Business Contingency Planning (BCP), Information Risk Management (IRM)

· Previous experience in Internal Audit, or other control function with an understanding of internal controls, is a plus

· Strong accounting background - Sarbanes-Oxley 404 background is a plus

· Experience with, or knowledge of, implementing effective control environments

Skill Sets:

· Strong analytical and evaluation skills with the ability to evaluate processes and assess the operational and financial impact of findings and control issues, communicate findings and develop recommendations

· Outstanding ability to solve problems with the ability to exercise sound and balanced judgment and keen attention to detail but also the ability to see the "bigger picture"

· Inquisitive and proactive in identifying risks and proposing solutions

· Ability to coordinate issues, findings and recommendations with colleagues across regions and/or divisions

· Quick learner with the ability to identify changes to the business functions, organization and processes and assess their impact to resiliency and the control environment

· Effective communications (both verbal and written)

· Strong relationship management skills with ability to present and collaborate effectively with management at all levels

· Ability to prioritize in a fast moving, high pressure, constantly changing environment

· Self-motivated and ability to work independently

· Excellent desktop skills (Excel, Word, Access, PowerPoint)