Senior Analyst, Internal Controls

Job Description

Senior Analyst, Internal Controls at a glance...

You will be supporting the delivery of the Internal Controls strategy across the European Business Units, reporting directly to the Internal Controls Manager, Europe. You will be responsible for performing financial risk assessments for applicable business units in Europe, leading control walkthroughs, preparing and reviewing controls documentation in accordance with the applicable standards, and driving technology-enabled enhancements to our Internal Control environment.

Key Ingredients:

• Act as a trusted business partner to local finance, operations, and functional teams, building strong stakeholder relationships and providing practical risk and controls guidance to support effective decision-making and sustainable process improvements.
• Conduct risk assessment in collaboration with senior management and relevant stakeholders.
• Review the end-to-end processes and perform control testing to evaluate the design and operating effectiveness of internal controls and to identify opportunities for improvement including standardization, simplification, integration, automation, and optimization.
• Ensure that process documentation is in place and maintained as relevant and consistent to reflect changes in business operations and risk exposure and, supports the execution of internal controls and compliance requirements.
• Maintain the relationship with our offshore Internal Controls team based in Ahmedabad (India), including coordinating test status, review of controls testing work-papers and other key deliverables prepared by the Ahmedabad team.
• For processes with control weaknesses, perform root-cause analysis and initiate the controls enhancement/process improvement projects working closely with local and zone management to remediate deficiencies on a timely basis.
• Facilitate the periodic status update on controls deficiencies and financial Audit Issues to local and Zone Management.
• Propose the implementation of value-adding controls and opportunities to standardize controls while simplifying/streamlining processes.
• Coordinate with the GBS (Global Business Services) Risk Manager to effectively execute the testing program and other key activities across controls performed by our service delivery partner.
• Coordinate with Internal and External Audit review of processes and financial controls.
• Support Continuous Controls Monitoring and advanced compliance and risk analytics tools like Optro Analytics and SAP Signavio.
• Develop, maintain and coordinate the roll-out of local financial policies and procedures to the business including developing guidance and training.
• Deliver financial controls training and coaching to upskill management and broader business stakeholders on internal controls requirements, control ownership, and effective remediation practices.
• Provide support for strategic initiatives, system implementations, finance transformation, ad-hoc investigations and other cross-functional projects.