Financial Controls Oversight Consultant

Northwestern Mutual•Milwaukee, WI

2d•$74,818 - $145,340•Hybrid

About The Position

The Financial Controls Oversight Consultant at Northwestern Mutual Life Insurance Company in Milwaukee, Wisconsin will lead coordination and governance of Model Audit Rule (MAR) programs for Northwestern Mutual and Northwestern Long Term Care which utilize internal control requirements similar to Sarbanes Oxley. Apply experience with software systems including Workiva and TeamMates to review existing process controls documentation and document areas for improvement. Train all employee levels on internal control requirements and provide feedback on control gaps, best practices and remediation of control deficiencies. Responsible for ensuring internal controls are embedded in implementation of new financial accounting and financial planning systems by applying experience with system implementations and managing projects with an internal control focus. Coordinate annual financial risk assessment process by ensuring all financial accounts are captured and mapped to appropriate business processes. Facilitate review and update of risk assessment by appropriate parties. Analyze risk assessment results to identify impacts to the testing rotation schedule. Support execution of annual testing by Corporate Audit by providing updated risk assessment, updated control documentation and other support as necessary. Support external auditors by reviewing company use of artificial intelligence to identify impact on internal controls. Establish and maintain relationships with process owners for all key business processes and serve as a resource to business partners as they implement new processes and controls. Partner with Information Risk and Cybersecurity (IRC) team which manages the IT internal controls that support MAR programs. Partner with IRC regularly to ensure appropriate control conclusions are reached as it relates to in scope IT systems and controls. Partner with Corporate Audit (CA) team to set annual testing plan for internal controls. Telecommuting permitted 2 days per week. Salary $74,818- $145,340 per year. Minimum Requirements: Bachelor’s degree in Accounting, Business Administration, or a related field and 3 years of experience as an accountant or related occupation. Experience must include at least 3 years of experience with each of the following: (1) public accounting or consulting experience; (2) internal controls implementation, transformation and rationalization; (3) Workiva, Audit Board, and ServiceNow; (4) project management experience; and (5) internal controls process improvements. Interested candidates send resume to [email protected]. Reference code 661 in the subject line. We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. If noted, this is standard pay structure for this position. Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now! Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives. If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for additional information pertaining to compensation and benefits. At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual as we are growing our digital and tech capabilities and are always on the lookout for bright, tech-savvy candidates. Northwestern Mutual is proud to be an equal opportunity employer. We have chosen to build a diverse and inclusive workplace where talented people from all backgrounds want to be, want to stay, and want to build their future. We celebrate and support our differences for the benefit of our employees, our products, and our community. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

Requirements

Bachelor’s degree in Accounting, Business Administration, or a related field and 3 years of experience as an accountant or related occupation.
3 years of experience with public accounting or consulting experience
3 years of experience with internal controls implementation, transformation and rationalization
3 years of experience with Workiva, Audit Board, and ServiceNow
3 years of project management experience
3 years of experience with internal controls process improvements

Responsibilities

Lead coordination and governance of Model Audit Rule (MAR) programs for Northwestern Mutual and Northwestern Long Term Care which utilize internal control requirements similar to Sarbanes Oxley.
Review existing process controls documentation and document areas for improvement.
Train all employee levels on internal control requirements and provide feedback on control gaps, best practices and remediation of control deficiencies.
Ensure internal controls are embedded in implementation of new financial accounting and financial planning systems.
Coordinate annual financial risk assessment process by ensuring all financial accounts are captured and mapped to appropriate business processes.
Facilitate review and update of risk assessment by appropriate parties.
Analyze risk assessment results to identify impacts to the testing rotation schedule.
Support execution of annual testing by Corporate Audit by providing updated risk assessment, updated control documentation and other support as necessary.
Support external auditors by reviewing company use of artificial intelligence to identify impact on internal controls.
Establish and maintain relationships with process owners for all key business processes and serve as a resource to business partners as they implement new processes and controls.
Partner with Information Risk and Cybersecurity (IRC) team which manages the IT internal controls that support MAR programs.
Partner with IRC regularly to ensure appropriate control conclusions are reached as it relates to in scope IT systems and controls.
Partner with Corporate Audit (CA) team to set annual testing plan for internal controls.