Internal Controls Testing Manager - IT

Farmers Insurance Careers

2d•$108,375 - $205,750•Hybrid

About The Position

This position leads the Internal Controls Testing - IT team and is responsible for overseeing and managing the companys IT Controls testing plan activities. This role directs and guides the evaluation, implementation, and validation of effective IT controls to mitigate risk and ensure compliance with governance and regulatory standards.

Requirements

Bachelors degree required.
Minimum 10 years of experience required in information technology auditing, combined audit/IT audit, or relevant information security or information technology roles.
Five years of team management experience required.
Certification in Auditing and Information Security Domains (at least one of the following: CISA, CISSP, CISM)
Strong analytical skills
Strong written and oral communication skills
Strong PC Proficiency
Experience working with business auditors
Detailed Understanding of IT Audit methodologies and testing techniques
Strong customer focus and ability to interface with all levels of leadership across the company
Strong project management skills and ability to handle multiple assignments simultaneously
Strong conflict management skills

Nice To Haves

Masters degree preferred in computer science, electronics/ IT engineering, information systems, business administration.
Additional academic background in finance or accounting disciplines will be considered as an advantage.
Experience at a Big Four or large national audit firm preferred
internal audit or controls function experience leading SOX program preferred.
Working knowledge or prior experience with information systems and operations used in the insurance industry and financial services industry is preferred.
Basic understanding of ERP configurations example, SAP, Guidewire, Coupa.
Ability to apply best practices of one ERP system in other ERP systems
Able to appreciate business process issues and understand business transaction scenarios, and how an application system (example, SAP, Guidewire, Coupa, etc) can support them.
Strong grasp of IT technical concepts, example, Active Directory (Privilege Access Mgmt, SSO, etc), Operating Systems (WIN, Linux, Unix, Mainframe, AS400, etc), Databases (Oracle, SQL, etc. ) and Cloud Security (Azure, AWS, zCloud, etc).

Responsibilities

Manages the testing of IT controls by assigning testers, tracking progress, and evaluating procedures and outcomes.
Reviews work product of audit staff including memos, technical documents and workpapers.
Oversees IT controls testing to ensure compliance with the Model Audit Rule (MAR/SOX).
Monitors a variety of testing activities to ensure high quality of work performed, adequate documentation exists to support the timely completion of testing and conclusions, and progress and results are effectively communicated to business units and stakeholders.
Acts as a subject matter expert for IT controls requirements and financial reporting risks.
Identifies, recommends, and reports improvement opportunities for systems, data, processes, and controls.
Tracks the implementation of agreed actions.
Collaborates with senior leadership to develop IT controls testing strategy and plan.
Participates in annual planning processes including significant business process and systems scoping, and risk assessment.
Oversees the analysis of company initiatives and projects to ensure IT controls requirements are met.
Coordinates with Zurich to understand Zurich IT related requirements and ensure Farmers operates in a manner consistent with Zurich guidelines.
Coordinates with Zurich for IT controls testing and workpaper quality review.
Manages stakeholder relationship, including facilitating meetings, discussions of findings, and presenting draft and final reports in a professional manner.
Leads a team of IT testers and auditors.
Sets goals and priorities, assesses performance, coaches and develops team members, assists in recruiting, hiring, and onboarding new team members.
Performs all people leader responsibilities.
Prepares business presentations, audit committee materials, and other strategic business documents.
Obtains necessary document review and approval.
Manages the coordination of IT controls testing activities and workpaper review by external auditors and regulators.
Uses IT expertise and deep knowledge of financial systems to proactively advise on effective IT controls around new functionality or tools that enhance operational efficiency, provides timely and accurate information, and use data for insights and analysis.
Performs special projects and other duties as assigned.