Sox Compliance Manager

Purpose of the role:

The candidate is responsible for providing complementary expertise, support, monitoring, and challenge in the management of risk in the organization. The main objective is the development, implementation, and continuous improvement of robust risk management, internal controls, at process, systems, and entity levels. The role involves coordinating and facilitating the achievement of various risk management objectives, such as compliance with laws and ethical standards, internal control efficiency, sustainability, and quality assurance.

Role & responsibilities

1. Risk Management Practices: This role plays a supporting role in developing, implementing, and continuously improving risk management processes. This involves working closely with cross-functional teams to identify potential risks, assess their impact on the organization, and develop strategies to mitigate or control them efficiently.

2. Internal Controls: The individual will be supporting the establishment and maintenance of robust internal control systems across all business processes and functions. This includes assessing existing controls, identifying gaps or weaknesses, and implementing vital improvements to safeguard the assets, data, and reputation.

3. Compliance and Ethical Behavior: Supervising compliance with applicable laws, regulations, and acceptable ethical behavior is a critical aspect.

4. Information and Technology Security: Collaborate with IT and information security teams to assess and improve IT security measures.

5. Testing and Reporting: Testing is anticipated to be a primary responsibility and an area where they would dedicate a significant amount of time and effort. The Manager will conduct detailed testing and generate comprehensive reports on the adequacy and efficiency including internal controls. These reports will be presented to senior management and customers, providing valuable insights for decision-making.

6. Continuous Improvement: The candidate will actively drive a culture of continuous improvement. This involves finding opportunities to improve risk management and internal controls, implementing standard methodologies etc.

7. Training and Awareness: Conduct training sessions and awareness programs for employees and collaborators on compliance requirements, internal controls.

Preferred candidate profile

1. Risk Management Experience: Some knowledge and understanding of risk management principles, practices, and methodologies, including risk identification, assessment, mitigation, and monitoring.

2. Internal Controls: Some experience in crafting, implementing, and evaluating internal controls to ensure the safeguarding of assets and compliance with policies and procedures.

3. Analytical and Problem-Solving Skills: Ability to analyze sophisticated data, identify patterns, and draw relevant insights to make informed decisions and address compliance and risk-related challenges.

4. Auditing and Reporting: Familiarity with auditing principles.

5. Ethics and Integrity: Shown experience in ethical behavior and a strong sense of integrity when handling critical financial and compliance matters.

Preferred Qualification

1. MBA Finance with prior experience in internal controls, SOX Compliance Testing.

2. Good Written/Verbal Communication

3. Stakeholder Management experience.

4. Ability to prioritize efficiently & be flexible.