Internal Controls Manager Job Description
Internal Controls Manager Duties & Responsibilities
To write an effective internal controls manager job description, begin by listing detailed duties, responsibilities and expectations. We have included internal controls manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Internal Controls Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Internal Controls Manager
List any licenses or certifications required by the position: CPA, CIA, CISA, SOX, CFE, CCSA, ACCA, ACA, CA, CEBS
Education for Internal Controls Manager
Typically a job would require a certain level of education.
Employers hiring for the internal controls manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Business/Administration, Education, MBA, Auditing, Management, Information Systems, Graduate
Skills for Internal Controls Manager
Desired skills for internal controls manager include:
Desired experience for internal controls manager includes:
Internal Controls Manager Examples
Internal Controls Manager Job Description
- Responsible for understanding the design and implementation of the internal business controls environment, including documentation of processes, identification of risk areas and control gaps
- Assist process owners in identifying and resolving internal control issues
- Gain and maintain an excellent understanding of key business processes
- Document and report the results of internal control testing to senior management, communicating control gaps and weaknesses to process owners and other business leaders
- Work closely with IT management to evaluate and monitor compliance of key financial systems from a business process / controls framework perspective and to establish and maintain proper change management practices
- Collaborate with the external audit team, operational management and business owners to coordinate the audits and drive to resolution identified issues
- Participate in leading additional Internal Audit projects as available
- Raise awareness/maintain knowledge of the Global Policy Manual on functional level incl
- Timely coordination/execution of the functional ICS testing (control reviews) re key controls incl
- Timely coordination of the functional Global Control Self-Assessment (GCSA) process with all respective owners, identification of possible improvements and gaps closing
- Working knowledge of Finance and Accounting Policies and Procedures preferred with the ability to quickly assimilate specific finance policy knowledge
- Knowledge of sound internal control principles and demonstrated ability to provide solutions to control issues
- Ability to work both individually, and within a team environment, build strong relationships and maintain rapport with cross-functional business units, Internal Control teams and with external consultants
- Strong presentation skills with the ability to present and interact with various levels of management
- Ability to manage projects, with attention to detail on multiple concurrent tasks, while meeting various deadlines
- Working knowledge of TCCC Business Processes
Internal Controls Manager Job Description
- Timely coordination of the local Control Self-Assessment (CSA) process with all respective owners, identification of possible improvements and gaps closing
- Collaborate with global IT leadership to ensure that adequate internal controls are designed and documented to comply with SOX 404 and company-wide requirements
- Help develop and maintain the ITGC Internal Controls / SOX compliance framework that ensures the effort is efficient and effective for the area of responsibility
- Lead and Manage the Global Internal Controls / SOX Compliance office in the annual ITGC SOX risk assessments and scoping model by collaborating with the appropriate IT leaders, internal audit assessments and external auditors
- Manage the periodic QA of IT internal control work and make suggestions on how to improve consistency our overall approach to delivery
- Support a strong risk and control environment by playing an advisory role in the business
- Facilitate the implementation of corporate risk management policies and standards with business partners to ensure compliance on an ongoing basis
- Manage all compliance and business audits (external and internal)
- Assist the business in the design of effective and robust remediation plans to respond to audits, compliance reviews, operational risk incidents, Effective challenge plans to ensure that control gaps are effectively closed in a timely manner
- Maintain the Company’s SOX documentation including risk assessment, process narratives (in conjunction with the process owners) and test scripts, the summarization of deficiencies and plans for remediation
- At least 7-9 years of work experience, including 5+ years of experience with SOX
- Manage the planning, execution, and quality of Risk and Control Self Assessment (RCSA) program for CCB – Controllers, inclusive of planning and testing that supports the CCB-Mortgage Banking Finance RCSA and CCB Sarbanes Oxley (SOX) control programs
- 3+ year’s public accounting experience, and or 3+ year’s public/private experience
- Knowledge of SOX and exposure to current IT technologies
- BA/BS degree required and Master’s Degree preferred (coursework in areas of study, including but not limited to decision information sciences, computer science, computer engineering, management information systems, business, accounting, or finance)
- 12+ years of related internal control, audit or applicable work experience
Internal Controls Manager Job Description
- Keeps abreast of risk assessment best practices and is proactive in identifying and communicating how those practices may be applied
- Provides high-quality mentorship and counseling to high potential performers and develops future leaders through tailoring individual assignments, identifying growth opportunities, and providing timely feedback
- Monitors day-to-day quality of deliverables and directs training activities to reinforce team standards
- Providing guidance and governance in the implementation of security models for the SAP S/4HANA environment(s)
- As part of a SAP S/4HANA program, reviewing design documentation and providing inputs / directions, in terms of control framework both from a process (business) and security point of view
- Providing guidance and directions in terms of risk areas in the SAP S/4HANA environment
- Designing, and following up on implementation of smart, effective and efficient controls, leveraging as much as possible on the SAP S/4HANA environment
- Providing guidance and governance in the implementation of a Continuous Controls Framework (CCM) leveraging on SAP GRC and/or other tools
- Managing / leading Internal controls audits / reviewing in the SAP 4/HANA environment in order to assess compliance with existing rules and/or highlighting potential weaknesses
- Work with business and/or IT owners to design and/or enhance internal controls to ensure that controls (business and IT ) are appropriately designed, documented and tested by appropriate parties to support compliance
- You possess hands-on experience with Microsoft applications Word and Excel SAP
- Ensure adequate control and transactional tests and controls are in place across the Student Loans business
- Track and follow-up on control issues to ensure root-cause analysis and remediation of action items are completed
- Prepare formal and informal communications to internal business partners and direct management regarding risk exposure and expected controls
- Understand project management principles and project lifecyle concepts
- Audit and/or risk management experience
Internal Controls Manager Job Description
- Continually develop, enhance and/or implement process improvements including methodology, tester protocols, framework and underlying tools, as applicable
- Represent internal controls team on outsourcing deals negotiations, third party reports, system conversions or new projects, as applicable
- Perform other supporting activities (i.e., ad hoc analyses and/or reporting) as required by Senior Manager, Internal Controls or Director, Internal Controls
- OSupport the process to ensure all process document owners review and update process documents (including the creation of process flow diagrams) to the required standard and all key controls are referenced to audit key controls testing list
- OSupport the finance team to review current operating processes and suggest changes to streamline and improve
- Provide support to co-ordinate external audits including agreement of timelines, co-ordination/collation of audit deliverables requested across relevant sites and escalation if necessary
- Be the key point of contact and support the CERPS project in all compliance related matters
- Responsible for finance compliance Segregation of Duties violations review and follow up actions
- Establish, grow, and lead the RDC – Europe Internal Audit and Controls function
- Oversee the implementation of complex projects/issues which require experience and significant IC&A technical abilities
- Coordination and monitoring of Finance policy implementations
- 7+ years in a management role and 5+ years of public accounting experience preferred
- Strong background and excellent understanding of concepts related to information systems audit, information security, general IT controls, application controls in financial risk assessment and related audits are essential
- Requires a strong business acumen with ability to translate risk concepts into practical application considering business context and prudent management principles
- Ability to assimilate information quickly and identify risk for further analysis
- Possesses a strong foundation in risk and controls and can apply concepts to any process regardless of specialization or area being evaluated including both manual and systematic processes
Internal Controls Manager Job Description
- Executes quarterly and annual internal controls related to the completion of the income tax provision
- Responsible for the implementation and operation of the tax internal controls environment
- Design and maintain tax automation tools such as OneSource Income Tax Provision, and SharePoint to support the internal control environment and evidence of the execution of the controls
- Analyzes and designs data requirements and work flows for income tax provision and global tax return compliance needs
- Liaise with global and corporate finance team to ensure that up-stream accounting and reporting processes meet the needs of the tax work flows
- Facilitates analysis of business changes and initiatives on the management and reporting of global cash taxes, non-GAAP measures, and the global effective tax rate
- Manages tax technology tools
- Assist in accurate and timely assessment of business processes and internal controls
- Provide consultation, facilitation and analytical support to ensure internal controls are properly designed and implemented and are in compliance with organizations risk appetite and risk management framework
- Subject matter resource in addressing control design, control deficiency and remediation, root cause analysis
- Manage the planning, preparation, and review of multiple monthly / Quarterly reports for Management, various CCB Risk Committees, and the Firm
- Requires excellent skills in communicating ideas both verbally and in written form in a clear, concise, and professional manner and is candid and forthright in communicating issues, concerns to all levels of management
- Demonstrates high degree of responsibility in balancing multiple commitments, handling competing priorities yet effectively meeting deadlines and commitments to stakeholders
- Ability to collaborate with all levels of subject matter experts
- Ability to flourish in a fast-paced, highly-complex environment and adapt to change quickly and adroitly
- 4 to 6 years public accounting (Big 4 preferred) and/or internal audit experience