Senior Internal Controls Analyst

Delfos; Downers Grove (IL); On-site; USD 80,000 - 100,000; Full time

Job summary

A financial services firm in Downers Grove, Illinois, seeks a Senior Internal Controls Analyst to support Management in ensuring compliance with SOX requirements. The candidate will be responsible for maintaining the Risk and Control Matrices, conducting process walkthroughs, and assisting with the development of remediation plans for control deficiencies. The ideal applicant has a Bachelor's degree in Accounting, relevant certification such as CPA or CIA, and over three years of related experience. This position offers an opportunity to partner directly with Internal Audit and participate in training on internal controls.

Qualifications

• 3+ years of relevant work experience.
• Professional certification such as CPA or CIA required.
• Theoretical and practical knowledge of COSO.

Responsibilities

• Conduct annual process walkthroughs with Management.
• Maintain and update the Risk and Control Matrices.
• Assist Management with remediation plans for control deficiencies.
• Perform SOX Section 404 responsibilities.

Skills

COSO framework knowledge

Regulatory compliance

Process documentation

Education

Bachelor's degree in Accounting

Tools

Audit Board

Job description

About the job Senior Internal Controls Analyst

Our ideal candidate will work closely with Management to create/update process documentation, update the Risk and Control Matrix in Audit Board and monitor remediation plans for control deficiencies identified by Internal Audit and External Auditors for SOX purposes.

In this role, you will have the opportunity to:

• Perform an annual process walkthrough with Management to create and/or refresh process flowcharts and design evaluation as needed.
• Maintain an Internal Control COSO framework and create/update the Risk and Controls Matrices (RCM)
• Participate in an annual control rationalization exercise to re-evaluate the existing controls to assess which controls are truly necessary to address the risks identified, standardize what can be harmonized, identify control gaps, and remove duplication.
• Assist Management with the development of remediation plans for deficiencies identified by Internal Audit and External Audits.
• Partner with Internal Audit for SOX, as a knowledge resource on Managements business and IT processes
• Participate in periodic training for Management on internal controls while targeting the common root causes for control failures.
• Perform SOX Section 404 responsibilities, including facilitating quarterly certifications.

The essential requirements of the job include:

Bachelor's degree in Accounting.

Professional certification such;CPA or CIA

3+ years of relevant work experience.

Theoretical and practice knowledge of COSO.

Prior public company experience preferred.