Mgr, Internal Control & Accounting Systems

ITC Holdings•Novi, MI

10d

About The Position

JOB SUMMARY The Manager, Internal Control & Accounting Systems is responsible for the management of the following accounting functions: internal controls compliance with the Sarbanes Oxley Act (SOX), assist management in evaluating the effectiveness of the control environment of the organization, general ledger and month-end closing, affiliate accounting and consolidations, allocations and financial system upgrades/maintenance, as well as project management and oversight of the accounting departments efforts on various projects and business process changes. ESSENTIAL DUTIES & RESPONSIBILITIES Manages internal controls processes to ensure we are complying with SOX and executing the Company’s strategic objectives. Manages the continuous improvement of the Internal Controls Program. Reviews risk assessment to confirm in scope cycles for SOX and potential risk areas. Manages internal control requests, financial statements, and templates with Fortis, Inc. in support of their reporting and SOX compliance. Presents on status of internal control effectiveness to the SOX Committee. Manages the month-end closing and consolidation process, including ensuring adherence to strict deadlines and oversight of financial system interface processes and identifying and correcting financial system issues. Manages the operation, maintenance and upgrades to financial systems and any data conversions or validations, including interfaces with other accounting systems and data. Leads "Center of Excellence" for GL and other financial systems. Partners with IT and other departments to implement system solutions to meet strategic objectives. Manage SOX review for all system implementations or upgrades Manage internal controls around systems access and segregation of duties risks. Manages a robust data governance process and ensures users of financial systems are trained in proper use of the financial system and processes. Manages the general ledger processes and assists in the design & implementation of internal controls over general ledger accounting and system processes. Manages and implement process improvements for journal entry preparation and posting, account reconciliations, allocations, financial systems, month-end closing and general ledger reporting. Manages general ledger and internal control activities around the annual audit and quarterly reviews with external and internal auditors by aiding auditors to complete audits and reviews. Identifies and implements internal reporting metrics and benchmarking. Manages nVision reporting process, ad hoc reporting, G&A analysis, and support for regulatory requests Analyzes data to support budgeting and financial analysis. Provides direction and evaluates, hires, counsels and trains staff.

Requirements

Bachelor's degree in either Accounting or Finance or relevant, equivalent experience and/or education
Minimum of seven (7) years of progressively responsible, professional level, broad-based experience in Accounting.
Minimum of three (3) years of experience required with financial systems and general ledger.
Minimum of (3) three years of SEC/public accounting/internal control experience required.
Expert knowledge of financial systems, experience with ERP systems required including implementation of related technology solutions.
Experience with Sarbanes Oxley compliance required.
Excellent written, verbal and interpersonal communication skills, including the ability to convey complex information clearly, concisely and effectively.
Proven ability to drive and manage change.
Advanced knowledge of spreadsheet applications.
Sound analytical problem-solving and documentation skills.
Demonstrated ability to analyze, modify and implement processes.
Significant project management and other organizational skills allowing the ability to multi-task as well as continually reprioritizing and balancing workload based on changing needs.

Nice To Haves

Master's degree in Business Administration, Accounting or Finance preferred.
CPA preferred.
PeopleSoft experience preferred.
Utility accounting experience, including understanding of FERC accounting requirements, preferred.

Responsibilities

Manages internal controls processes to ensure we are complying with SOX and executing the Company’s strategic objectives.
Manages the continuous improvement of the Internal Controls Program.
Reviews risk assessment to confirm in scope cycles for SOX and potential risk areas.
Manages internal control requests, financial statements, and templates with Fortis, Inc. in support of their reporting and SOX compliance.
Presents on status of internal control effectiveness to the SOX Committee.
Manages the month-end closing and consolidation process, including ensuring adherence to strict deadlines and oversight of financial system interface processes and identifying and correcting financial system issues.
Manages the operation, maintenance and upgrades to financial systems and any data conversions or validations, including interfaces with other accounting systems and data.
Leads "Center of Excellence" for GL and other financial systems.
Partners with IT and other departments to implement system solutions to meet strategic objectives.
Manage SOX review for all system implementations or upgrades
Manage internal controls around systems access and segregation of duties risks.
Manages a robust data governance process and ensures users of financial systems are trained in proper use of the financial system and processes.
Manages the general ledger processes and assists in the design & implementation of internal controls over general ledger accounting and system processes.
Manages and implement process improvements for journal entry preparation and posting, account reconciliations, allocations, financial systems, month-end closing and general ledger reporting.
Manages general ledger and internal control activities around the annual audit and quarterly reviews with external and internal auditors by aiding auditors to complete audits and reviews.
Identifies and implements internal reporting metrics and benchmarking.
Manages nVision reporting process, ad hoc reporting, G&A analysis, and support for regulatory requests
Analyzes data to support budgeting and financial analysis.
Provides direction and evaluates, hires, counsels and trains staff.