Lead Internal Controls over Financial Reporting Analyst
Navy Federal Credit Union
- Vienna, VA
- Training
- Full-time
- Lead multiple aspects of the Internal Controls over Financial Reporting (ICFR) governance program
- Lead multi-disciplinary control initiatives to evaluate controls and ultimately transform any control gaps into mature control environments
- Lead the evaluationof the operational performance of existing controls and devise remediation strategies that align control performance with the appropriate risk mitigation methodology
- Analyze and review existing policies, process narratives, and process models / flowcharts to develop insight into the current state of business processes and lead discussions on recommendations for enhancement
- Partner with external and internal auditors establish audit scope, evidence, priorities, and testing procedures that will serve as the foundation for the subsequent audit execution strategy
- Lead activities to design, develop, and implement Key Control Matrices (KCMs) that summarize a broad range of business processes into a control-centric and executive-ready audit deliverable
- Create and recommend remediation plans for existing ICFR related Information Technology General Controls (ITGCs) to address control gaps in design effectiveness
- Validate and update controls documentation (e.g., process narratives, process models / flowcharts, and Key Control Matrices(KCMs)) as needed to ensure accuracy and completeness
- Identify industry best practices associated with risk management and develop subordinate qualitative and quantitative methodologies needed to address those risks using effective controls
- Produce detailed timelines and milestones for control-related project the enables external tracking and performance appraisal
- Review results from control assessments and communicate/escalate critical issues to Leadership and identify upstream and downstream impacts
- Lead the management of ICFR activities effectively using the GRC Tool
- Develop Key Performance Indicators (KPIs) and Reporting to enhance ICFR governance program strategic planning
- Lead, guide and mentor junior staff
- Solve the most complex control-related business problems by defining the problem, interviewing stakeholders, identifying and evaluating alternatives, and presenting findings
- Perform other related duties as assigned
- Bachelor's degree in Accounting, or related field, or the equivalent combination of experience, education and training
- Significant experience with Internal Controls over Financial Reporting (ICFR)
- Advanced knowledge of SOX including GAAP principles, financial statement preparation, and internal accounting controls
- Significant experience re-designing processes and identifying control gaps to be consistent with a mature ICFR program
- Significant experience with extracting and documenting business process controls and information technology application and general controls(e.g., access controls list, change controls, segregation of duties, etc.)
- Advanced skills presenting to all levels of stakeholders (including Leadership) across various departments
- Extensive experience in problem resolution including determining root cause, scope and scale of issues
- Significant experience in leading large projects/initiatives which have business risk and impact
- Experience in leading, guiding and coaching professional staff
- Extensive experience that demonstrates the ability to research, compile, and document data, business processes, and workflow
- Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely
- Advanced knowledge of Navy Federal's functions, philosophy, operations and organizational objectives
- Certified Public Accountant (CPA) designation
- Certified Internal Auditor (CIA) designation
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