Internal Controls Associate

at  Robert Walters Outsourcing

Job Title: Internal Controls Associate
Job Type: Contract (12 months)
Location: Glasgow
Hourly: £33.03 - £44.04 PAYE + holiday pay
Opportunity Overview: A fantastic opportunity has risen to temporarily join my client as an Internal Controls Associate.
My client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries
Role Objective: The Finance team is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. Finance team prepares external financial reports for public filings and regulators. For internal reporting Finance team, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization’s financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. Finance team is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review. My clients Finance Risk & Assurance (FinRiA) team is recruiting an associate to assist in the Sarbanes Oxley 404 (SOX) program and the overall FinRiA agenda, which includes but not limited to the support of the Risk Control Self-Assessment (RCSA) oversight and EUC governance.

Key Responsibilities:

• Oversee the identification, documentation and assessment of key controls across Finance and Operations, as well as work with the business areas to institute proper controls and remediation strategies
• Communicate findings and recommendations to management, determine root causes, obtain management’s action plan for remediation in a timely manner and track findings through resolution
• Develop and manage working relationships with key stakeholders, including Risk Managers and Business Process owners
• Assist in the development and rollout of scoping methodology, testing strategy, and integrated SOX and operational risk framework
• Track metrics and coordinate reporting to project working groups, steering committees, senior management and external auditors
• Document control deficiencies which are clear, concise and provide value to management
• Review all relevant SOX testing support, inclusive of front-to-back process and product flows
• Able to identify gaps between implemented controls and key risks and recommenced remediation actions

Requirements:

• Bachelor’s degree in finance or accounting with a minimum of 4 - 7 years’ experience in financial services, banking or Big 4 consulting.
• Newly qualified accountant preferable.
• 1-2 years’ experience in SOX control testing essential.
• Proven controls testing experience e.g. testing of the design adequacy and operating effectiveness of controls.
• Proven understanding of testing methodologies and processes
• Excellent analytical, technical and problem-solving skills with strong attention to detail
• Critical dependency on strong oral and written communication skills
• Ability to understand and apply complex concepts
• Flexibility to adapt to a new and changing environment
• Time management skills to meet deadlines on multiple concurrent tasks
• Proven experience in supporting the implementation of a testing framework
• Experience in managing a team of professionals

Don’t hesitate and miss this opportunity! Apply now!
We are committed to offering an inclusive recruitment experience. If you require accommodations because of disability or health condition, please email: gscemeaedi @ robertwalters.com. This position is being sourced through our Outsourcing service line

• Oversee the identification, documentation and assessment of key controls across Finance and Operations, as well as work with the business areas to institute proper controls and remediation strategies
• Communicate findings and recommendations to management, determine root causes, obtain management’s action plan for remediation in a timely manner and track findings through resolution
• Develop and manage working relationships with key stakeholders, including Risk Managers and Business Process owners
• Assist in the development and rollout of scoping methodology, testing strategy, and integrated SOX and operational risk framework
• Track metrics and coordinate reporting to project working groups, steering committees, senior management and external auditors
• Document control deficiencies which are clear, concise and provide value to management
• Review all relevant SOX testing support, inclusive of front-to-back process and product flows
• Able to identify gaps between implemented controls and key risks and recommenced remediation action