Internal Control Manager

About the role

The Internal Control Manager (ICM) role is within the Indiana Department of Revenue (DOR), a large employer in Indiana with over 700 staff across 13 locations. The department administers over 65 tax types and processes nearly $21 billion annually. The ICM is responsible for ensuring a strong internal control environment through policy development, implementation, monitoring, and compliance.

Responsibilities

• Manage the design, implementation, documentation, assessment, and monitoring of the agency’s internal control framework.
• Ensure the agency has adequate controls to prevent errors in financial reporting, processes, and business operations.
• Formulate policies and procedures to improve internal controls, compliance, and efficiency.
• Lead the annual Control Self-Assessment to evaluate compliance and identify vulnerabilities, gaps, or weaknesses across the agency.
• Deliver adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate communication, documentation, escalation to control/process owners, senior leadership, and audit committee.
• Deliver adequate and timely action plans and monitor progress to address and resolve control deficiencies.
• Work collaboratively with business process and control owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action.
• Actively seek standardization and automation, apply and implement best practices for managing internal controls, and continuously improve the design and operating effectiveness of the controls, documentation, assessment, and review procedures.
• Actively engage with internal and external stakeholders to ensure consideration and resolution of all relevant risks, control deficiencies, and audit findings.
• Collaborate with IT Management to evaluate, document, and monitor compliance of key business systems and established change management practices.
• Collaborate with internal stakeholders to complete annual Agency Risk Assessment and reporting to the State Enterprise Risk Assessment Portal.
• Develop and conduct adequate training and prepare related information material on the internal control objectives, approach, and methodology to build knowledge and understanding of risks and control.
• Manage and oversee administrative duties related to the internal control platform, including security administration, report creation and management, and collaboration with support channels to create and/or resolve desired functionality and presentation for the user community.

Requirements

• Bachelor’s degree in accounting, Finance, or related field.
• CPA or relevant professional certification (plus).
• 5+ years’ experience in public accounting or internal auditing.
• Strong understanding and experience with internal control frameworks.
• Excellent organizational/interpersonal skills with the ability to interact well with all levels within the organization.
• Strong analytical skills - including the ability to spot, assess, and address risk, materiality, and interdependencies and make recommendations for improvement.
• Strong knowledge of internal controls tools/techniques and testing strategies.
• Self-motivated, flexible, work independently and in a team environment.
• Strong oral and communication skills - presenting internal control and risk matters in an understandable way across various forums and levels of the organization with the right level of detail.
• Knowledge of Workiva GRC Solutions (an added advantage).
• Proficient in Microsoft Office suite including Excel, Word, PowerPoint, and Visio.

Qualifications

• Ability to articulate or demonstrate the above qualifications.

Skills

• Strong organizational/interpersonal skills.
• Strong analytical skills.
• Strong knowledge of internal controls tools/techniques and testing strategies.
• Self-motivated, flexible, work independently and in a team environment.
• Strong oral and communication skills.
• Knowledge of Workiva GRC Solutions (an added advantage).
• Proficient in Microsoft Office suite including Excel, Word, PowerPoint, and Visio.

Benefits

The State of Indiana offers a comprehensive benefit package for full-time employees which includes:

• Three (3) medical plan options (including RX coverage) as well as vision and dental plans.
• A wellness rewards program: Complete wellness activities to earn gift card rewards.
• A health savings account, which includes bi-weekly state contribution.
• A deferred compensation 457(b) account (similar to 401(k) plan) with employer match.
• Two (2) fully-funded pension plan options.
• A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to: 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers.
• Up to 15 hours of paid community service leave.
• Combined 180 hours of paid vacation, personal, and sick leave time off.
• 12 paid holidays, 14 on election years.
• An education reimbursement program.
• Group life insurance.
• A referral bonus program.
• An employee assistance program that allows for covered behavioral health visits.
• A qualified employer for the Public Service Loan Forgiveness Program.
• Free parking for most positions.
• Free LinkedIn Learning access.

Pay

The salary for this position traditionally starts at $67,314.00 but may be commensurate with education and work experience. Use our Compensation Calculator to view the total compensation package.

Schedule

The schedule for this role is typically full-time.