Job Details

Email to Friend Save Back

Associate Director, SOX & Quality Assurance

GLENVIEW-60025, IL, US
12/16/2016

-

Required Skills

PowerPoint

Company

Infinity Consulting Solutions, Inc

Experience

7 to 10 Year(s)

Job Description

At Infinity Consulting Solutions (ICS), we pride ourselves in getting to know our candidate further than the bullet points on their resume. We want to know what your long-term goals and ambitions are to make sure we help you make long term career moves. ICS has excelled in creating strong relationships with top performing companies in the Chicago market which has opened many doors for driven professionals like yourself for many years.

Description

Provide leadership and manage the company's global Sarbanes-Oxley program compliance efforts as well as lead the testing requirements for the North America region and Corporate functions.

Maintain objectivity and provide the appropriate level of guidance to our process owners in terms of SOX requirements and changes to control structure that leads to a sustainable and cost effective program for the company.

Manage the regional and market level network of Internal Audit and other internal and co-sourced resources throughout the region to ensure expectations and results are clear and consistent.

Additionally, responsible for assisting the VP, Internal Audit with developing, maintaining and managing the Internal Audit function's global quality assurance program in alignment with the Institute of Internal Auditors International Standards for the Practice of Internal Auditing.

Accountable for coordinating and managing the global SOX compliance program in an efficient and effective manner.

This includes taking into consideration of all current and recent guidance on SOX compliance requirements. Scope includes coordination with the IT Audit team on information technology related controls.

Perform the annual SOX risk assessment and scoping by collaborating with the appropriate business leaders (i.e. Finance Directors) and coordinating appropriately with the Corporate Controller's team, other risk functions and external auditors.

Work with the market businesses, to validate the assessment annually, or when there is a major business change, to ensure that scope and key controls are sufficient and adequately assessed.

Collaborate with financial leadership at corporate and markets to ensure that adequate internal controls are designed and documented to comply with SOX 404 and company-wide requirements. Monitor for major changes in business, process and systems to ensure timely updating of controls documentation to mitigate the risks.

Develop and implement efficient internal control testing audit programs and direct internal control testing across all corporate functions and North America business units to evaluate their operating effectiveness. This may include actual testing of select processes, detailed working paper review, test design, sample size guidance, exception evaluation criteria, retest expectations, and global test opportunities.

Manage periodic progress reporting on SOX compliance efforts including status of open control deficiencies (from internal audits, business controls function testing or assessments, external audits, etc.).

Monitor remediation of internal control deficiencies with the appropriate process owners to ensure that issues are brought to logical closure.

Help escalate when deficiencies are not remediated timely.

Identify and evaluate issues and processes that may impact multiple business units.

Advise on ideas and solutions that may lead to standardized and improved processes across multiple business units.

Help coordinate the certification, sub-certification, and representation letter processes on a quarterly and annual basis. Participate in the technical accounting network to share control perspective.

Optimize available collective resources to avoid duplicate efforts.

Resources are available from internal audit, outsourced providers (for example, the Financial Shared Services and Information Technology), and other internal finance functions (guest auditors), etc.

Assist with establishment of training programs as it relates to SOX compliance.
Stay abreast of changes to and best practices in SOX compliance and business controls overall.

Bring such perspective to MJN to continuously improve our compliance effort.

Participate in other company initiatives/projects including due diligence, compliance plans, investigations, etc. as needed.

Qualifications

Degree - BS/BA in accounting or equivalent required, MSA, MBA a plus

Certification - CPA required, CIA preferred and CISA nice to have

Language – English required (particularly requires a strong command of English grammar in written reports), Foreign language skills a plus

Regulations - Knowledge of U.S. GAAP, PCAOB, and business laws and regulations including the FCPA required. Knowledge of the IIA's International Standards.

7 to 10+ years for prior business experience, preferably with Big 4 or Regional public accounting firms or with the internal audit/ controls department in a U.S. publicly traded, multi-national organization.

Has practical experience in delineate between SOX and non-SOX controls and objectives.

Has exposure and appreciation for diverse international cultures and customs.

Experience managing or directing individuals in remote locations preferred.

Oral/Written – Ability to present concisely and descriptively in both oral and written format to all levels of management.

Process Design and Analysis – Ability to analyze complex processes and determine the efficiency and effectiveness of the process and related controls.

Systems / Computer Skills - Excel/Word/PowerPoint, Flowcharting capability required. SAP or like-global platform experience highly desired.

Travel – As needed, Up to 20%