Senior Internal Controls Analyst - TSM

Triple S Management Corporation and Subsidiaries

11d

About The Position

Assists in the planning and direction of the Corporation’s efforts to monitor and ensure compliance with internal controls and the NAIC Model Audit Rules across all companies within the Triple-S Management Group. Assists in the development of detailed project plans or initiatives that impact various companies/departments within a division or function and communicates those plans to build support and commitment. Evaluates the design and operation of internal controls over financial reporting and provides feedback to control owner whenever appropriate. Gives follow up and seeks continuous feedback, in order to take action to achieve results. Analyzes complex situations using a systematic approach to identify action plans and contingency plans. Maintains close communication with external auditors and helps in the coordination and the performance of external audit work as it relates to internal controls compliance. Works with other divisions/subsidiaries in other regulatory compliance efforts where internal controls compliance efforts can be leveraged upon.

Requirements

Bachelor’s Degree (BD) in Business Administration with a major in Finance or Accounting with 3 to 5 years preferably in a similar position in the health insurance industry. Or at least 7 years of this experience in lieu of.

Responsibilities

Select the best methodology to achieve the identified results in a work plan or project.
Prepare reports to be used as reference in operational areas.
Collects and analyzes financial information.
Assist in the planning of the Corporation’s internal controls compliance efforts, including risk assessments and the determination of the annual scope of work. Supervise internal controls compliance efforts done by internal/external resources.
Analyze data to detect deficient controls, determine effect in financial statements, and evaluate remediation plans.
Report control deficiencies to management and discuss remediation activities. Examine whether the organization’s objectives are reflected in its management activities, and if employees understand the objectives.
Provide accurate and comprehensive status reporting in a timely manner.
Provide timely and accurate assessment of narratives, work papers and other documentation and recommend modifications, as appropriate.
Inquire information, realize research and keep abreast of information related to the requirements of internal controls, Model Audit Rules, the SSAE 18 and any other internal or external regulatory specification.
Develop relationships with parties across the organization to ensure a sustained understanding of internal controls control and Model Audit Rules requirements in areas such as documentation and evidence.
Participate in the training of staff personnel or external resources assisting in internal controls compliance efforts.
Provide guidance to the personnel about controls and responsibilities related and report any changes to internal controls.
Works closely with external evaluating internal controls over financial reporting.
Provide support to TSM subsidiaries with respect to internal controls’ analysis.
Communicate results via written reports and/or oral presentations to management.
Ensure that the financial internal controls are implemented as designed and stay updated, resolve any observation related with the internal controls on time.
Provide guidance to your area about the controls and related responsibilities and report to TSM group, in charge of financial internal controls documentation, of any internal control changes.