Sr. Manager, Internal Controls * Compliance

at  Infinera

CA Pay Range (Annual):
$138,600.00 - $257,400.00
At Infinera, your base pay is one part of your total compensation package. Your actual base pay will depend on your skills, qualifications, experience, and location. This role may be eligible for equity grants, discretionary bonuses, or commission payments. The amount of these incentives is based on the terms of the Company’s incentive plans, the Company’s financial performance, and/or individual employee job performance.
Infinera also offers paid leave, medical,
dental, and vision coverage, 401(k),
life, and disability insurance to eligible employees.
The Senior Manager of Internal Controls and Compliance, reporting to the Assistant Controller, is a critical position in the Corporate Accounting and Internal Controls team of the global Corporate Controllership organization. The key role of this position is to develop a highly effective and practical world-class internal controls framework and drive global adoption and compliance. The Senior Manager of Internal Controls and Compliance will be responsible for the design, development, implementation, execution and oversight of the suite of internal controls over financial reporting with the ultimate goal of reducing the risk of material misstatements while finding the right cost-effective and efficient balance between controls and costs. This position mitigates financial statement reporting risks by mapping business and financial processes, identifying and assessing their risks and setting appropriate controls. In addition, this role provides ongoing business and financial process improvements which support management in running efficient and effective operations. This position executes on the Company’s global internal control strategy while maintaining a focus on internal and external customer service.

Key Responsibilities:

• Designs and maintains, in the Company’s systems & electronic repository, clear, detailed and accurate internal control documentation, including narratives, process flows, control descriptions, and risk control matrices for key and non-key controls, including entity level controls, controls with service organizations, fraud prevention controls, and IT general controls
• Manages management’s assessment of the internal controls program, including overall rankings of internal controls over financial reporting, identification of control gaps, development and agreement of key controls with process owners and senior management, and ensuring that internal controls are adequate to support management’s quarterly and year-end assertions over the effectiveness of internal controls
• Drives strategic internal control programs to drive cost reduction and efficiency of internal controls (e.g. increasing the number of automation of controls, increasing the ratio of prevent to detect controls, control simplification and centralization, increasing the level of external audit reliance on internal controls to reduce audit fees, new business and internal control design and integration)
• Identifies and evaluates opportunities to improve process, controls, and information systems and develop cost/benefit analysis in support of recommendations to ensure alignment with changing business needs
• Designs and provides practical internal control training to global business owners to facilitate their timely and effective implementation and ensure compliance with Controllership policies
• Partners with IT and the business on ERP implementations or enhancements to ensure the internal control compliance program is appropriately incorporated into system changes
• Manages segregation of duties compliance, including approval of changes to user access to ensure proper segregation of duties is maintained
• Represents corporate accounting and internal control team’s interests at internal meetings and working groups in all matters relating to internal controls
• Designs internal control plug-and-play framework for the Company’s future projects or acquisitions
• Manages internal audit and external audit relationships for controls related audits and regulates document flow to ensure timely completion and delivery of request lists during all phases of the internal control testing cycles
• Establishes and communicates timelines, requirements and issues with management and internal and external auditors in a professional and timely manner
• Analyzes and documents internal control related issues including root cause analysis, level of significance assessment for deficiencies and manage and report on remediation plans to ensure effective and timely completion
• Monitors and follows-up to ensure that past recommendations have been implemented properly to correct deficiencies noted
• Monitors other Controllership compliance matters

Qualifications:

• Bachelor’s degree (Finance or Accounting preferred) or equivalent experience. Advanced degree or certification preferred (CIA, CISA, or MBA)
• Active CPA
• A minimum of 5 years of public accounting (big 4) experience. Demonstrated leadership and management skills- a minimum of four years of managing staff
• Solid technical expertise in internal controls, process management with a deep understanding of risk assessment, control analysis, and audit methodology
• Ability to propose practical solutions to internal control issues in situations where only limited standardization exists
• Experience auditing, implementing, or operating general computer and application IT controls including security, change management, systems development, and disaster recovery
• Strong process driven mindset and project management skills, experience with systems implementation and capability of assuming a leadership role in attaining department goals while managing multiple competing priorities with aggressive timelines
• Strong written and interpersonal communication skills. Must be able to communicate ideas effectively and concisely to all levels of management, internal and external auditors and outside contacts
• Ability to create high-impact presentations for all audiences including the ability to represent content concisely and through charts, graphics and dashboards for enhanced visual impact
• Ability to work independently with minimal supervision under stressful conditions and coordinate the completion of multiple tasks simultaneously
• Experience with MS Office, Excel, PowerPoint, Word, SAP, Blackline, AuditBoard and Sharepoint preferred
• Periodic travel (domestic or international) up to 30%

“This position requires direct or indirect access to certain confidential information, hardware, software, technology, or technical information (referred to here as “Export-Controlled Information”) controlled under the U.S. International Traffic in Arms Regulations (ITAR) and/or the U.S. Export Administration Regulations (EAR). All personnel in this position must be eligible to or be able to obtain authorization from the appropriate agency to access applicable Export-Controlled Information. The U.S. Department of Commerce currently requires a foreign person with a most recent citizenship or permanent residency of Sudan, Ukraine, or a country currently designated in Country Group
D:1, E:1 or E:2
(Supplement No. 1 to Part 740, Title 15) to have an export control license to access our Export-Controlled Information, unless they meet certain exemptions provided under U.S. export control laws and regulations. The list of applicable countries in Country Group
D:1, E:1 or E:2 may be updated by the U.S. government from time to time. The current processing time for an export control license is approximately 4 to 6 months.
Your employment or engagement with Infinera shall be contingent on verifying your eligibility or requirement for obtaining a necessary license and/or authorization from the appropriate agency. You will be required to provide certain information for export control compliance assessment purposes, and your information will be reviewed by Infinera’s hiring and export control teams to ensure compliance with the U.S. export control laws and regulations. Infinera will collect necessary documents (such as proof of citizenship etc.) to assess license/authorization requirements if you are offered and accept the position.”
Infinera is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. Infinera complies with all applicable state and local laws governing nondiscrimination in employment.

• Designs and maintains, in the Company’s systems & electronic repository, clear, detailed and accurate internal control documentation, including narratives, process flows, control descriptions, and risk control matrices for key and non-key controls, including entity level controls, controls with service organizations, fraud prevention controls, and IT general controls
• Manages management’s assessment of the internal controls program, including overall rankings of internal controls over financial reporting, identification of control gaps, development and agreement of key controls with process owners and senior management, and ensuring that internal controls are adequate to support management’s quarterly and year-end assertions over the effectiveness of internal controls
• Drives strategic internal control programs to drive cost reduction and efficiency of internal controls (e.g. increasing the number of automation of controls, increasing the ratio of prevent to detect controls, control simplification and centralization, increasing the level of external audit reliance on internal controls to reduce audit fees, new business and internal control design and integration)
• Identifies and evaluates opportunities to improve process, controls, and information systems and develop cost/benefit analysis in support of recommendations to ensure alignment with changing business needs
• Designs and provides practical internal control training to global business owners to facilitate their timely and effective implementation and ensure compliance with Controllership policies
• Partners with IT and the business on ERP implementations or enhancements to ensure the internal control compliance program is appropriately incorporated into system changes
• Manages segregation of duties compliance, including approval of changes to user access to ensure proper segregation of duties is maintained
• Represents corporate accounting and internal control team’s interests at internal meetings and working groups in all matters relating to internal controls
• Designs internal control plug-and-play framework for the Company’s future projects or acquisitions
• Manages internal audit and external audit relationships for controls related audits and regulates document flow to ensure timely completion and delivery of request lists during all phases of the internal control testing cycles
• Establishes and communicates timelines, requirements and issues with management and internal and external auditors in a professional and timely manner
• Analyzes and documents internal control related issues including root cause analysis, level of significance assessment for deficiencies and manage and report on remediation plans to ensure effective and timely completion
• Monitors and follows-up to ensure that past recommendations have been implemented properly to correct deficiencies noted
• Monitors other Controllership compliance matter