Job Summary:
We are seeking an experienced Internal Control Specialist to strengthen our data center’s internal control environment. This role will focus on the development, implementation, and testing of internal controls to ensure operational efficiency, compliance, and risk mitigation. The ideal candidate will have a strong background in policy and procedure documentation, COSO framework, and SOX compliance.
Key Responsibilities:
Policy and Procedure Development
- Design, document, and update policies, procedures, and workflows to ensure efficient, compliant, and secure operations.
- Collaborate with various departments to integrate controls into standard processes and ensure documentation reflects up-to-date regulatory requirements and best practices.
Internal Control Assessment & Testing
- Conduct comprehensive risk assessments to identify potential gaps or weaknesses in existing controls.
- Develop and execute control testing programs, including walkthroughs and control evaluations, to ensure compliance with COSO and SOX requirements.
- Document and report test results, highlighting control deficiencies and recommending improvements to address any identified weaknesses.
Implementation & Monitoring of Internal Controls
- Implement new internal control mechanisms in line with COSO and SOX standards, specifically tailored for data center operations.
- Monitor the effectiveness of controls and provide continuous improvements to mitigate emerging risks or compliance gaps.
- Collaborate with IT and legal department to ensure controls align with regulatory and cybersecurity standards.
COSO and SOX Compliance
- Serve as a subject matter expert for the COSO framework and SOX compliance within the organization.
- Guide departments in aligning their processes with COSO principles and SOX requirements.
- Coordinate and support internal and external audits, ensuring proper documentation and responses are prepared for SOX audits.
Training and Support
- Develop training materials and conduct workshops to educate employees on internal controls, risk management, and compliance obligations.
- Act as a resource to the organization for control-related queries, promoting a strong culture of compliance and control awareness.
Qualifications:
- Education: Bachelor’s degree in accounting, Finance, Business Administration, or a related field. A Master's degree or certifications like CA, ACCA, CPA, CIA, or CISA is a plus.
- Experience: Minimum experience of 4 years in advisory department of Big 4, in internal controls, risk management, or compliance, with a specialization in COSO and SOX compliance. Additional experience within data center or technology-related environments will be a plus
- Skills:
- Strong understanding of COSO framework and SOX compliance requirements.
- Proven experience in policy development and procedural documentation.
- Excellent analytical skills, attention to detail, and the ability to identify and assess risks.
- Strong communication and interpersonal skills to work effectively with cross-functional teams.
Competencies:
- Demonstrated expertise in developing and implementing internal controls in a regulated environment.
- Familiarity with risk assessment methodologies and tools.
- Proficient in using financial and accounting software as well as control testing tools.
