Director, Financial Control Compliance - Toronto-Completed
Location: Toronto Ontario
This position reports to the AVP - Financial Control Compliance and Corporate Audit who is based in Toronto and is responsible for overseeing the planning, testing and assessing the adequacy of the Company's internal control environment for financial reporting to ensure compliance with Sarbanes-Oxley (SOX). This testing allows management to attest to the effectiveness of internal controls. The Director will be responsible for managing, identifying, evaluating and making recommendations with respect to internal control deficiencies resulting from the testing. The candidate will also work on other financial control projects as required.
Key Accountabilities:
Develop an understanding of various division and business units businesses as they related to financial reporting and SOX. Oversee the annual SOX planning process
Develop an understanding of the impact of the Company's IFRS adoption on SOX. Ensure the requirements for SOX are met, including ensuring the business units change their process, and control documentation as needed
Overseeing testing and assessing the adequacy of the Division's internal control compliance environment over financial reporting to ensure compliance to SOX methodology and legislation. Work with the Audit Services IT and Audit Services Actuarial teams to plan for and ensure the division's SOX plan is integrated and efficient
Identify, evaluate and aggregate internal control deficiencies
Ensure cross-divisional consistency of processes, testing, documentation and resolution of deficiencies; identify divisional anomalies and develop and implement recommendations to address divisional anomalies
Understand any changes to the SOX legislation and working with the AVP Financial Control Compliance and Corporate Audit, make recommendations to support regulatory changes
Key Problems/Challenges:
This position and related results are very visible to Senior Division management as well as Corporate Management as well as the Audit Committee
Understand the latest SEC guidelines and identify efficiency opportunities for SOX audit plan. Ensure all teams are following SOX methodology consistently
Direct reporting relationship to AVP Financial Control Compliance and Corporate Audit. Developing strong working relationships with others within Audit Services, including the senior management team and other directors
Qualifications
Accounting designation with a minimum five to seven years of management experience in either a large public company (financial services would be an asset) or as an experienced manager in one of the big four public accounting firms with financial services clients
Strong familiarity with SOX methodology and requirements. Working knowledge of CGAAP/USGAAP and IFRS
Internal or External audit experience required
Ability to identify and evaluate internal control deficiencies and accounting issues; sound judgment
Strong interpersonal skills including ability to work with and influence management at various levels of the organization
Ability to develop and complete SOX plans to deliver quality results on time
Strong project management skills
Relationship Skills
Strong interpersonal skills including the ability to work with and influence management at various levels of the organization
Comfortable working with senior levels of management and able to cope in a fast paced, dynamic work environment
A team Player who is conscientious and not easily intimidated
Excellent oral and written skills for report writing and communication with all levels of management
Personal Characteristics
Ability to work independently and establish priorities to meet tight deadlines
Flexible when working with changing deliverables
Enthusiastic, well motivated with a high level of initiative
High integrity, results focused
Fosters collaboration/sharing with other team members
Self starter
Professional, bright and analytical
A strong positive disposition with proven leadership qualities
A goal setter, handles priorities with ease
Reply to:
Tara Forster Sowa
The Verriez Group
252 Pall Mall Street
Suite 203
London, ON N6A 5P6
E-mail
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
