Senior SOX & Internal Controls Specialist

Transamerica Corporation; Cedar Rapids (IA); Hybrid; USD 112,000 - 130,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Medical Insurance

Paid Time Off 160 hours annually

Job summary

Transamerica Corporation is seeking an experienced leader to support the SOX and internal controls program within the first line of defense. The role focuses on identification, assessment, oversight, and disclosure of key controls across the company, coordinating with risk management and process owners.

This position requires a Bachelor’s degree and at least eight years in internal controls, audit, or risk management within financial services.

Qualifications

• Bachelor’s degree in accounting or relevant field, or equivalent work experience.
• Eight years of progressive experience in internal controls, audit or risk management within the financial services industry.
• Experience working with internal controls under Sarbanes Oxley and assessing control related risks.
• Ability to document and verbally communicate financial reporting processes in a clear and concise manner, 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

• Assist in the effort over the evaluation and design of internal controls and make recommendations for improvement.
• Conduct and document financial/accounting/actuarial process flows, with a focus on internal controls and Sarbanes-Oxley compliance.
• Support the execution of management’s SOX risk assessment and scoping activities to ensure proper risk identification, process mapping and controls linkage for a sustainable internal control framework.
• Assist in leading the development and implementation of goals, policies, priorities and procedures relating to internal controls over financial reporting and SOX.
• Assist in preparing updates to management, including management control remediation plans.
• 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.
• Develop processes and policies for reporting findings.
• Collaborate with the first line 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.
• Help coordinate the system to capture and track control deficiencies through all country units, as well as internal and external audit findings to resolution.
• Help support testing the design and operating effectiveness of internal control over financial reporting.
• Collaborate and assist in assessing control implications within the Issue Paper process.
• Support internal controls leadership on the oversight of all global country units.

Skills

Internal controls

SOX compliance

Documentation

Communication

Education

Bachelor’s degree in accounting or relevant field

Job description

Transamerica Corporation is seeking an experienced leader to support the SOX and internal controls program within the first line of defense. The role focuses on identification, assessment, oversight, and disclosure of key controls across the company, coordinating with risk management and process owners.

This position requires a Bachelor’s degree and at least eight years in internal controls, audit, or risk management within financial services.