Lead Internal Controls Analyst - SOX & Audit Readiness

Transamerica; Cedar Rapids (IA); Hybrid; USD 103,000 - 125,000; Full time

Job summary

Transamerica in Cedar Rapids, IA is seeking an experienced Internal Controls professional to support the day-to-day execution of the Business Controls program within the first line of defense, focusing on SOX and operational reviews. You will assist external auditors by collecting evidence and support, and help design and enhance controls in response to risks.

Collaborate with management to identify control gaps and implement improvements while maintaining strong stakeholder relationships.

Qualifications

• Bachelor’s degree in accounting or relevant field, or equivalent work experience.
• Seven years of experience in internal controls, audit or risk management within the financial services industry.
• In-depth experience working on internal audits and/or operational risk assessments.
• Ability to document and verbally communicate financial reporting processes clearly, including assessment of design and operating effectiveness of controls.
• Communication skills to educate/raise awareness of foundational elements/methodologies needed to support an internal control framework.

Responsibilities

• Perform testing, and in some cases review the testing of others, in support of first line of defense control evaluate program and Transamerica SOX program.
• Facilitate external audits (e.g. SOC) by pulling populations and support, and answering questions form external auditors
• Support process reviews to identify risks, controls, control gaps, and control enhancement opportunities.
• Evaluate the design of internal controls and make recommendations for improvement.
• Identify control gaps and opportunities for control enhancement in response to actual and conceptual risks identified
• As appropriate, partner and liaise with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
• Build and maintain relationships with stakeholders, keeping them informed of testing progress and findings.
• Collaborate with business management in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
• Support the tracking of control deficiencies and perform validation and closure of control issues.
• Conduct control walk throughs and help identify and understand impacts of applicable risks and related controls as part of risk assessment programs.
• Assist the business in understanding the control implications resulting from changes to people, process, technology.
• Provide support for special projects and initiatives
• Document process flows, with a focus on internal controls.

Skills

Communication skills

Documentation of processes

Education

Bachelor’s degree in accounting or relevant field

CPA

Job description

Transamerica in Cedar Rapids, IA is seeking an experienced Internal Controls professional to support the day-to-day execution of the Business Controls program within the first line of defense, focusing on SOX and operational reviews. You will assist external auditors by collecting evidence and support, and help design and enhance controls in response to risks.

Collaborate with management to identify control gaps and implement improvements while maintaining strong stakeholder relationships.