Posted By
Posted in
Banking & Finance
Job Code
1447017
Position: SOX Compliance Lead
Location: Mumbai, India
Job Description:
- As the SOX Compliance Lead, you will be responsible for ensuring the organization's adherence to the Sarbanes-Oxley Act (SOX) requirements within the India Accounts and Tax team.
- Your role will involve developing and maintaining robust compliance frameworks, managing risk assessments, and facilitating audits to uphold financial integrity and regulatory standards.
Responsibilities & Duties:
- Lead SOX Compliance Efforts: Oversee the implementation of SOX requirements across all financial processes and controls within the India Accounts and Tax team.
- Ensure that all SOX-related activities are executed efficiently and effectively to maintain compliance.
- Policy Development: Develop, document, and maintain detailed SOX compliance policies and procedures that reflect best practices and regulatory changes.
- Ensure these policies are consistently applied and updated as necessary.
- Risk Assessment: Conduct comprehensive risk assessments to identify key controls and evaluate their effectiveness in mitigating financial and operational risks.
- Work closely with management to address and remediate identified risks.
- Internal Controls Testing: Design and perform regular testing of internal controls to validate their effectiveness.
- Identify and document any deficiencies, and work with relevant teams to implement timely and effective remediation plans.
- Audit Facilitation: Act as the primary liaison for internal and external auditors during SOX audits.
- Prepare necessary documentation, facilitate audit requests, and address audit findings promptly to ensure successful audit outcomes.
- Training & Guidance: Develop and deliver training programs and resources to educate team members on SOX compliance requirements, internal control best practices, and audit preparation.
- Provide ongoing guidance and support to ensure adherence to compliance standards.
- Regulatory Monitoring: Continuously monitor changes in SOX regulations and industry standards.
- Update compliance policies and procedures as required to reflect regulatory changes and ensure the company's ongoing compliance.
Qualifications:
- Educational Background: Bachelor's degree in Accounting, Finance, or a related field is required.
- Advanced certifications such as CPA (Certified Public Accountant), CIA (Certified Internal Auditor), or equivalent are preferred.
- Experience: 7-12 years of experience in SOX compliance, internal controls, or auditing, with a proven track record of managing compliance programs and facilitating audits.
- Technical Skills: Strong understanding of SOX regulations, internal control frameworks, and financial reporting requirements.
- Proficiency in audit software and tools is advantageous.
- Analytical Skills: Excellent analytical and problem-solving abilities to assess risk, evaluate controls, and address deficiencies.
- Communication Skills: Superior verbal and written communication skills, with the ability to present complex information clearly and effectively to diverse audiences.
- Team Collaboration: Proven ability to work collaboratively with cross-functional teams, including finance, accounting, and audit professionals, to achieve compliance goals.
- Organizational Skills: Strong organizational skills with the ability to manage multiple priorities, meet deadlines, and work independently in a fast-paced environment.
- If you are a dedicated compliance professional with a keen eye for detail and a passion for upholding financial integrity, we invite you to apply for this challenging and rewarding role
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Posted By
Posted in
Banking & Finance
Job Code
1447017
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