Financial Controls Analyst-Business Process

Company: Affinity Executive Search
Location: Minneapolis
Posted on: January 27, 2023

Job Description:

Job description: (Hiring) Financial Controls Analyst-Business ProcessJOB DESCRIPTIONThe Enterprise Finance function contains the Corporate Controllers division, which includes the Enterprise Controls & Oversight (EC&O) group. The Enterprise COSO testing team is a component of EC&O. Enterprise COSO testing professionals will have enterprise-wide exposure to key stakeholders within the external financial/risk/regulatory reporting infrastructure.The Enterprise COSO Testing team within EC&O supports the Companys on-going objective of maintaining an industry-leading information technology control environment and is responsible for the following directives:Providing meaningful assessments of application controls in scope for financial, risk, and regulatory reportingAssessing compliance with Well Fargo & Companys COSO based policies for application controls in scope for internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for on-going application control compliance with COSO policies (proactive anticipation of internal control related matters)Monitoring new and emerging internal control related guidance and issues and assist with facilitating group-wide training to interested and impacted stakeholdersProviding consultation and subject matter expertise for process and application control related matters including evaluating severity of control deficiencies and related remediation effortsProviding process and control support and thought leadership for projectsInterfacing with external auditors, regulators and others on control related matters and,Acting as a change agent for continual improvement of the control environment.In this role, you will:Consult with the line of business and enterprise functions on financial reporting or information technology governance, and controls and oversight mattersIdentify compliance and risk management requirements for supported areaProvide oversight for testing and monitoring involving moderate to complex subject matter or control areasCommunicate and provide consultation regularly with stakeholders throughout the enterpriseImplement, operate, and report results of certain elements of the company's policy, governance and oversight frameworkCollaborate and consult with peers, colleagues and managers to resolve issues and achieve goalsPerform the following for Business Process Application Control testing:Perform walkthroughs of significant processes and ensuring required COSO documentation is accurate and reflects relevant risk and key controlsValidate and provide credible challenge to identified shared services, third-party service providers, and significant applicationsPerform COSO testing of key business process application controls, including design effectiveness assessments and operating effectiveness testingValidate and challenge documentation of control deficiencies, including issue description, root cause, unmitigated impact, and corrective actionsAnalyze the severity of control deficiencies and their impact to internal control over financial reportingValidate corrective actions and issues.Build relationships and collaborate with key stakeholders in the SEC and Regulatory Reporting internal control infrastructures and,Assist with projects impacting the team, including identification of risks and consulting on controls for newly implemented processes and applications.Required Qualifications, US:2+ years of Finance, Accounting, Analytics, Reporting or Business and Technology Audit experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educationDesired Qualifications:Internal controls testing experiencePractical experience assessing and documenting financial and/or regulatory risks and controlsA BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, Reporting, or Information TechnologyAbility to successfully operate in a complex and matrixed environmentAbility to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environmentAbility to take on a high level of responsibility, initiative, and accountabilityExperience with large professional services firmsExperience with large financial institutionsIntermediate Microsoft Office skillsExcellent verbal, written, and interpersonal communication skillsKnowledge and understanding of regulatory agencies: Federal Reserve and OCCOne or more of the following certifications: CPA, CIA, CISAStrong critical thinking skills with ability to credibly challenge status quo Qualifications: Internal controls testing experiencePractical experience assessing and documenting financial and/or regulatory risks and controlsA BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, Reporting, or Information TechnologyAbility to successfully operate in a complex and matrixed environmentAbility to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environmentAbility to take on a high level of responsibility, initiative, and accountabilityExperience with large professional services firmsExperience with large financial institutionsIntermediate Microsoft Office skillsExcellent verbal, written, and interpersonal communication skillsKnowledge and understanding of regulatory agencies: Federal Reserve and OCCOne or more of the following certifications: CPA, CIA, CISAStrong critical thinking skills with ability to credibly challenge status quo Why is This a Great Opportunity: Great Pay and Benefits.Salary Type : Annual SalarySalary Min : 80000Salary Max : 120000Currency Type : US Dollars

Keywords: Affinity Executive Search, Minneapolis , Financial Controls Analyst-Business Process, Accounting, Auditing , Minneapolis, Minnesota