Manager, Internal Controls Compliance

University of Virginia•Charlottesville, VA

1d•$100,000 - $152,840•Onsite

About The Position

The Internal Controls Compliance Manager is responsible for designing, implementing, and monitoring a robust internal control environment aligned with the COSO Framework and state regulatory requirements. This role ensures compliance with ARMICS standards, strengthens risk management practices, and supports audit readiness across financial and operational processes.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field required.
6+ years of relevant experience, to include 2+ years of formal management experience required.
Proven ability to manage cross-functional initiatives and influence stakeholders.
Direct experience with ARMICS compliance and filings, preferably within a Virginia public institution such as the University of Virginia.
Experience working with ERP systems (e.g., Workday, PeopleSoft) and understanding of IT general controls (ITGCs).
Experience coordinating with internal and external auditors and supporting audit activities.
Deep understanding of risk and control concepts with a pragmatic approach
Strong analytical and problem-solving skills
Excellent communication and stakeholder management
High attention to detail with the ability to see the big picture
Ability to operate effectively in a fast-paced, deadline-driven environment

Nice To Haves

Master's Degree strongly preferred.
Strong working knowledge of the COSO Framework and its practical application.
CPA, CIA, or CISA preferred.

Responsibilities

Lead the design, implementation, governance, and maintenance of internal controls in alignment with the COSO Framework (control environment, risk assessment, control activities, information & communication, monitoring).
Develop and maintain process documentation, including narratives, flowcharts, and risk-control matrices (RCMs), ensuring documentation supports audit readiness.
Partner with finance, operations, IT, and Internal Audit to embed controls into key business processes.
Coordinate annual ARMICS submissions in accordance with Commonwealth of Virginia requirements.
Perform risk assessments and support certification of internal controls over financial and operational processes, including coordination of management responses.
Ensure timely and accurate documentation supporting agency head certifications.
Conduct enterprise-level and process-level risk assessments to identify control gaps and improvement opportunities.
Monitor remediation of identified deficiencies and track progress to closure, working collaboratively with process owners to ensure sustainable corrective actions.
Establish key control indicators (KCIs) and reporting dashboards for leadership.
Develop and deliver training programs on internal controls, compliance requirements, and best practices.
Drive continuous improvement initiatives to enhance efficiency and effectiveness of control processes through process optimization, automation, and standardization where appropriate.
Promote a culture of accountability and risk awareness across the organization.