financial controls & oversight consultant in minneapolis

posted
job type
permanent
salary
US$ 64,000 per year
apply now

job details

posted
location
minneapolis, minnesota
job category
Financial Services
job type
permanent
salary
US$ 64,000 per year
reference number
435627
phone
612.313.7997
apply now

job description

job summary:

Financial Controls & Oversight Consultant

Seeking a highly motivated individual to join a team of COSO testing professionals and will have enterprise-wide exposure to key stakeholders within the external financial/risk/regulatory reporting infrastructure. The Business COSO Testing team is a component of Enterprise Controls & Oversight in Corporate Controllers.

Required Qualifications:

-4+ years of experience in one or a combination of the following: finance, accounting, analytics, reporting or business/technology audit or a BS/BA degree or higher in Finance, Accounting, Statistics, Economics, or Business and 2+ years of experience in one or a combination of the following: finance, accounting, analytics, reporting or business/technology audit

 
location: Minneapolis, Minnesota
job type: Permanent
salary: $64,000 - 90,000 per year
work hours: 8 to 5
education: Bachelor's degree
experience: 3 Years
 
responsibilities:

The Business COSO team supports the Company's on-going objective of maintaining an industry leading financial reporting control environment and is responsible for the following directives:

-Providing meaningful assessments of financial, risk, and regulatory reporting control environment

-Overseeing compliance with COSO based policies for internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for on-going compliance with the COSO polices (proactive anticipation of internal control related matters)

-Monitoring new and emerging internal control related guidance and issues and assist with facilitating group-wide training to interested and impacted stakeholders

-Providing consultation and subject matter expertise for process and control related matters including evaluating severity of control deficiencies and related remediation efforts

-Providing process and control support and thought leadership for projects

-Interfacing with external auditors, regulators and others on control related matters and,

-Acting as a change agent for continual improvement of the control environment.

This individual will be a member of the Business COSO team responsible for the following team directives:

-Performing COSO Monitoring team responsibilities including:

Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant risk and key controls

Validating and challenging risk assessment conclusions, including assessing appropriateness and completeness of key risk and key controls identified

Validating and providing credible challenge to identified shared services, third party service providers, and significant applications

Performing COSO testing of key controls, including design effectiveness assessments and operating effectiveness testing

Validating and challenging documentation of control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions

Analyzing the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting

Assessing the components of internal control for the business unit

Monitoring open control deficiencies and validating corrective actions.

-Building relationships and collaborating with key stakeholders in the SEC and Regulatory Reporting internal control infrastructures and,

-Assisting with projects impacting the team including implementing the Company's COSO-based Regulatory Reporting Governance & Oversight Framework and the 2013 COSO Framework.

 
qualifications:

Desired Qualifications:

-A BS/BA degree or higher in accounting, finance, or economics

-Big four public accounting experience

-A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation

-Knowledge and understanding of regulatory agencies: Federal Reserve and OCC

-Ability to present results of analyses and recommendations to senior leaders

-Experience presenting technical concepts to senior leaders

-Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

-Excellent verbal, written, and interpersonal communication skills

-Ability to take on a high level of responsibility, initiative, and accountability

-Ability to translate and summarize complex data into understandable, actionable information and recommendations

-Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

-Intermediate Microsoft Office skills

Other Desired Qualifications:

-Knowledge and understanding of regulatory agencies: Federal Reserve and OCC

-Internal controls testing experience

 
skills: Analysis - Risk

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

skills

Analysis - Risk

qualification

Desired Qualifications:
•A BS/BA degree or higher in accounting, finance, or economics
•Big four public accounting experience
•A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) Designation
•Knowledge and understanding of regulatory agencies: Federal Reserve and OCC
•Ability to present results of analyses and recommendations to senior leaders
•Experience presenting technical concepts to senior leaders
•Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
•Excellent verbal, written, and interpersonal communication skills
•Ability to take on a high level of responsibility, initiative, and accountability
•Ability to translate and summarize complex data into understandable, actionable information and recommendations
•Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
•Intermediate Microsoft Office skills

Other Desired Qualifications:
•Knowledge and understanding of regulatory agencies: Federal Reserve and OCC
•Internal controls testing experience

responsibilities

The Business COSO team supports the Company’s on-going objective of maintaining an industry leading financial reporting control environment and is responsible for the following directives: 
•Providing meaningful assessments of financial, risk, and regulatory reporting control environment
•Overseeing compliance with COSO based policies for internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for on-going compliance with the COSO polices (proactive anticipation of internal control related matters) 
•Monitoring new and emerging internal control related guidance and issues and assist with facilitating group-wide training to interested and impacted stakeholders
•Providing consultation and subject matter expertise for process and control related matters including evaluating severity of control deficiencies and related remediation efforts
•Providing process and control support and thought leadership for projects
•Interfacing with external auditors, regulators and others on control related matters and,
•Acting as a change agent for continual improvement of the control environment.

This individual will be a member of the Business COSO team responsible for the following team directives:
•Performing COSO Monitoring team responsibilities including:

Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant risk and key controls
Validating and challenging risk assessment conclusions, including assessing appropriateness and completeness of key risk and key controls identified
Validating and providing credible challenge to identified shared services, third party service providers, and significant applications
Performing COSO testing of key controls, including design effectiveness assessments and operating effectiveness testing
Validating and challenging documentation of control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions
Analyzing the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting
Assessing the components of internal control for the business unit
Monitoring open control deficiencies and validating corrective actions. 

•Building relationships and collaborating with key stakeholders in the SEC and Regulatory Reporting internal control infrastructures and, 
•Assisting with projects impacting the team including implementing the Company’s COSO-based Regulatory Reporting Governance & Oversight Framework and the 2013 COSO Framework.

educational requirements

Bachelor's degree