We are seeking an Internal Auditor with a focus on Order to Cash (O2C) and Sarbanes-Oxley (SOX) compliance. The successful candidate will assist in executing and leading internal audit engagements within the O2C process, ensuring adherence to SOX requirements and identifying opportunities for process improvement.
Key Responsibilities:
SOX Compliance Leadership Support: Assist in leading aspects of the O2C SOX compliance program, including scoping, planning, execution, and reporting activities. Ensure alignment with regulatory requirements and industry best practices under supervision, with opportunities to lead specific initiatives.
Process Evaluation and Improvement Assistance: Participate in conducting risk assessments and assist in designing audit procedures for key risk areas within the O2C process. Evaluate internal controls, identify gaps, weaknesses, and areas for improvement, and collaborate with process owners on remediation plans.
Stakeholder Communication and Reporting Support: Assist in communicating audit findings, recommendations, and risk insights to senior management and stakeholders. Provide updates on audit progress, ensuring alignment with organizational objectives under guidance, with opportunities to lead discussions.
Team Collaboration and Development: Collaborate with audit professionals, providing support and learning opportunities to enhance skills within the audit function. Assist in providing technical support and mentorship to junior staff, fostering their growth within the audit function.
Coordination of Control Changes: Support in documenting changes to internal controls in collaboration with control owners, ensuring alignment with evolving business processes and regulatory requirements. Lead documentation efforts for specific projects as assigned.
Auditor and Partner Coordination: Participate in coordinating with auditors and co-sourcing partners for controls testing and process walkthroughs, ensuring audit impacts are aligned with business operations for efficiencies. Lead specific audit engagements as assigned.
Project Management Implementation: Assist in implementing project management strategies within the O2C SOX compliance program. Develop and maintain project management methodologies to support SOX compliance initiatives, with opportunities to lead project teams.
Control Deficiency Review and Resolution: Assist in reviewing and assessing reported control deficiencies with business process owners. Identify root causes and collaborate on corrective actions to strengthen internal controls, with opportunities to lead resolution efforts.
Continuous Improvement Recommendations: Contribute to recommendations for enhancing key controls, supporting ongoing optimization of the SOX compliance program under supervision. Lead improvement projects and initiatives as assigned.
SOX Meetings Leadership: Lead various SOX meetings, facilitating discussions and decision-making processes to support compliance objectives. Prepare meeting agendas and lead discussions on specific topics as assigned.
IT and Security Compliance Collaboration: Support collaboration with IT and Compliance teams to ensure alignment with SOX requirements, fostering cohesive compliance efforts. Lead cross-functional projects related to IT and security compliance.
SOX Findings Presentation: Assist in preparing and presenting SOX findings and assertions to the SOX PMO and HP Leadership Team, providing insights for enhancing control effectiveness. Lead presentations and discussions on specific findings and recommendations.
Requirements: Knowledge and Competencies:
SOX Compliance Expertise: Demonstrated expertise in Sarbanes-Oxley (SOX) compliance, including in-depth knowledge of regulatory requirements such as Sections 302 and 404, and proficiency in internal control frameworks like COSO.
Order to Cash (O2C) Process Proficiency: Extensive understanding of the Order to Cash process, spanning sales order processing, credit management, invoicing, and revenue recognition, ensuring comprehensive control management.
Audit Methodology Proficiency: Competency in audit methodologies, with a focus on risk assessment, planning, execution, and reporting, along with the ability to lead audit procedures for the O2C process.
Strong Project Management Skills: Robust project management capabilities, encompassing effective project planning, resource allocation, stakeholder engagement, and timely delivery of objectives within SOX compliance initiatives. Ability to lead project teams and initiatives.
Effective Communication Abilities: Excellent communication skills, both verbal and written, enabling clear conveyance of findings, recommendations, and insights to stakeholders at all levels, including senior management. Ability to lead discussions and presentations.
Dynamic Leadership and Team Management: Prior experience and demonstrated effectiveness in contributing to an efficient audit team, fostering collaboration, and driving continuous improvement within the compliance function. Ability to lead and mentor junior staff.
Technical Proficiency: Proficiency in SOX compliance tools and Microsoft Office applications, facilitating efficient compliance processes and documentation management.
Analytical Skills: Strong analytical aptitude to assess control effectiveness, identify deficiencies, determine root causes, and propose effective remediation actions, ensuring robust risk mitigation. Ability to lead analytical efforts and initiatives.
Regulatory Awareness: Up-to-date knowledge of regulatory developments in SOX compliance and O2C processes, with adaptability to evolving standards to maintain compliance alignment.
Problem-Solving Orientation: Solution-focused problem-solving capabilities to address complex control issues encountered during compliance processes, driving effective resolutions and improvements. Ability to lead problem-solving efforts.
Required Credentials:
Education: Bachelor's degree in Accounting, Finance, Business Management, or related field.
Certification: CA qualification.
Experience: Minimum of 5 years of progressive experience in Internal Audit, preferably with exposure to Sarbanes-Oxley (SOX) compliance and Order to Cash (O2C) processes. Experience in leading audit projects and teams is advantageous.
