Director of Internal Controls

BDO USA

About The Position

The Director, Internal Controls leads the company’s internal controls function, overseeing the documentation, review, testing, and remediation of processes, risks, and controls to support a strong compliance and control environment. The position also serves as a key advisor to management and control owners, drives process and technology improvements, coordinates with internal and external stakeholders, and helps assess the impact of business changes, emerging risks, and special projects on controls. In addition, the role manages testing schedules, prepares status and deficiency reporting for leadership, and performs ongoing analyses to improve the efficiency and effectiveness of departmental processes and internal controls.

Requirements

Bachelors degree required; focus in Accounting, Business Administration or Finance, preferred
Fifteen (15) or more years of treasury and cash management experience, required
Five (5) or more years of financial management experience, preferred
Supervisory experience, required
Prior experience working within a professional services firm such as accounting, financial services, business advisory and/or banking industries, preferred
Proficient in the use of Microsoft Office Suite, specifically Excel, required
Displays superior verbal and written communication skills
Capable of working and communicating effectively with professionals at all levels
Able to work in a deadline-driven environment and handle multiple projects / tasks with an attention to detail
Ability to successfully multi-task while working independently or within a group environment
Proficient in utilization of data entry skills and Microsoft Excel
Possesses superior customer service skills

Responsibilities

Leads all activities and duties in Internal Controls and coordinates the management of documented processes, risks and controls, including reviewing processes, systems and assessing controls
Reviews completed internal control documentation, evaluates testing results, reviews ratings and conclusions, and evaluates/prioritizes all deficiencies
Communicates expectations for remediation of deficiencies and monitors remediation efforts
Acts as subject matter expert for internal control matters by advising management and control owners in our various departments
Evaluates and proposes process improvements to improve efficiency and effectiveness of our process and control environment including technology improvements
Manages testing schedule and liaises with third-party resources, internal resources, Internal Audit, and external auditors
Assists in completing the annual scoping activities in a timely and thorough manner
Assists in identifying and analyzing all relevant matters that could impact SOX scope and proposes related approaches (during annual scoping and ongoing)
Continually interfaces with senior leaders to maintain knowledge of changes in the business and emerging risks which could impact SOX compliance or internal control environment
Manages impacts and makes updates to the control environment through various projects within the company such as process changes, system implementations, reorganizations, fraud incidents, and business combinations/acquisitions
Prepares ongoing/periodic status and deficiency reports for management
Identifies opportunities to improve / streamline current department processes and procedures
Completes ad hoc analysis and reviews of internal controls within all functions
Monitors and provides performance feedback of all personnel reporting to this position throughout the performance year
Ensures all direct reports are effectively trained on systems and processes related to the Finance Department
Prepares and conducts annual performance reviews for all direct reports
Assists direct reports with prioritization of workload, communications, etc. and delegates work assignments to direct reports as appropriate