Senior Internal Auditor - SOX

About the Role

The Senior Internal Auditor - SOX is responsible for determining, by continuous review, that internal controls over financial reporting are adequate and practiced, that the financial statements are properly stated, that company policies and procedures that mitigate financial reporting risks are followed, and that the company is compliant with Sarbanes-Oxley (SOX) specific regulations.

Responsibilities

• Lead and execute Sarbanes-Oxley (SOX) compliance testing, ensuring that all internal controls over financial reporting (ICFR) are designed, documented, and operating effectively.
• Conduct risk assessments to identify and prioritize key financial reporting risks, ensuring that appropriate controls are in place to mitigate them.
• Review and update internal control documentation, including flowcharts, narratives, and control matrices, to ensure they reflect current processes and regulatory requirements.
• Perform detailed testing of financial and operational controls, including walkthroughs and control testing, to ensure compliance with SOX 404 requirements.
• Identify control deficiencies or gaps, provide recommendations for remediation, and work closely with management to develop action plans for improvement.
• Coordinate with external auditors to facilitate their testing and ensure that SOX compliance is properly integrated into the annual financial statement audit process.
• Monitor the performance of SOX controls on an ongoing basis, ensuring any changes in processes, systems, or regulations are promptly addressed.
• Provide training and guidance to staff level auditors and business units on SOX compliance requirements, control design, and testing procedures.
• Participate in ongoing educational opportunities to update knowledge and skills related to financial services and internal auditing standards.
• Stay up-to-date with changes in SOX regulations and other related compliance frameworks, and ensure the organization remains compliant with all applicable laws and regulations.
• Prepare and present detailed reports to management, outlining the status of SOX compliance, control deficiencies, and progress on remediation efforts.
• Collaborate with business units to identify opportunities for control improvements and process efficiencies, ensuring a balance between control effectiveness and operational efficiency.
• Complete special projects and/or participate in task forces or committees as requested by Audit Committee, Board of Directors, and senior management.
• Contribute to team effort by completing assigned projects within the scheduled timeframe and assist the SOX Director as needed.

Requirements

• Bachelor’s degree in a business-related field; Accounting degree preferred.
• 5 or more years of audit experience.
• Knowledge of bank operations preferred.
• Familiarity with Sarbanes-Oxley (SOX) requirements preferred.
• Knowledge of Microsoft Office.
• Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) designation preferred.
• SOX ITGC (IT General Controls) testing experience preferred.

Skills

• Strong oral and written communication skills.
• Understanding of accounting and financial processes.
• Strong organizational and project management skills.
• Ability to multi-task and work independently.
• Ability to perform duties under frequent time pressures, prioritize workflow, and meet deadlines.
• Ability to solve problems independently while applying logic and discretion.

Benefits

• Competitive 401(k) match.
• Profit sharing.
• Employee stock purchase plan.
• Paid time off.
• Medical, dental, and vision insurance.
• Company-paid life insurance and long-term disability.
• Supplemental voluntary life insurance, short-term and long-term disability.
• Wellness incentives.
• Employee assistance program.
• Pre-tax health savings accounts and flexible spending accounts.

Pay

Base pay range: $68,000 – $94,000 per year. The role may be eligible for bonus or incentives based on company and individual performance.