Financial Controls Oversight Consultant
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.
Requirements
- Bachelor’s degree in Accounting, Business Administration, or a related field
- 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
- 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
- Facilitate review and update of risk assessment
- Analyze risk assessment results to identify impacts to the testing rotation schedule
- Support execution of annual testing by Corporate Audit
- 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
- Partner with Information Risk and Cybersecurity (IRC) team which manages the IT internal controls that support MAR programs
- Partner with Corporate Audit (CA) team to set annual testing plan for internal controls
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
