Description
SOX Financial Controller, Investment Bank
My client, a global bank, is looking for a SOX Financial Controller as cover for maternity leave.
Purpose:
- The Role is to support the Investment Banking annual SOx process on an ongoing basis, and contribute to process improvements, with particular emphasis on:
- Perform SOx scoping, testing and reporting
- Drive improvements across the SOx team and the wider control environment across the Bank
- Support to the VP, Governance & Control - SOx team with adhoc tasks
Role responsibilities:
- Perform Design Effectiveness Assessment (DEA) for in scope processes and identify areas for improvement.
- Perform Operating Effectiveness testing (OET) of SOx controls; review and challenge current control environment and ensure best practice is maintained.
- Assess the impact of control weaknesses on the financial reporting processes and financial statements.
- Monitor progress of remediation plans for SOx related issues
- Management reporting of testing status and findings
- Establish and maintain strong partnership with business teams, the global SOx team and the wider finance and governance team.
- Work on special projects requiring attention for improving control environment.
- Assess new products or business changes projects for SOx impact and direct project teams on implementation of SOx controls as necessary.
Requirements:
- Qualified Accountant
- Knowledge and experience of front to back controls within a IB function
- Good understanding of the COSO framework and its application to internal controls over financial reporting
- Overall understanding of 'minimum standards' for SOx and control issues reporting
- Good understanding and application of IFRS in particular in relation to IB products
- Ability to understand, implement and drive improvements to a risk & control framework
- Communication skills
- Ability to analyse problems using multiple information sources to identify core issues and develop mutually satisfactory solutions
- Constantly manage stakeholders expectation over level and speed of service before issues arise
Please send across your CV for more information
Allegis Group Limited and Aston Carter Limited operate Employment Businesses and Agencies and are companies within the Allegis Group Inc. group of companies, the fourth largest staffing company in the world, (collectively referred to as the "Allegis Group"). TEKsystems and Aerotek are divisions of Allegis Group Limited. Applicant data will be treated in accordance with the Allegis Group's Privacy Notice ). By submitting personal data to any company or division within the Allegis Group, the applicant is providing explicit consent to the use of such data by the Allegis Group and to the transfer of such data to and from the Allegis Group companies within the UK, Europe and outside the European Economic Area in connection with the fulfilment of the applicant's voluntary requests, and the fulfilment of other job opportunities that match the applicant's profile, and confirms that they may be contacted about such job opportunities.