SOX/IFC & Internal Control Role - CA

SOX & Internal control:

Education: CA (must)

Exp: 4-6 Years

Roles & Responsibilities: Required strong experience in internal control & SOX/IFC. We can also target who is having strong experience in internal audit from big4 consulting companies such as KPMG, PWC, Deloitte, Genpact etc.,

Preferably: Male candidates and they will have a travelling at least 7 days in a month and he should visit all our plants/service centres.

Mandatory skills: Internal audit, IFC (internal financial control), SOX (Sarbanes-Oxley Act,), internal control, Governance, Risk and Compliance Services (GRCS), govt risk and compliance, risk advisory, ICFR (internal control over financial reporting).

Job Summary:

The Internal Controls and SOX Specialist will be responsible for ensuring the effectiveness and efficiency of the company's internal control framework, as well as overseeing compliance with SOX/IFC requirements. This role will involve assessing and enhancing internal control processes, performing risk assessments, implementing controls, and conducting SOX/ IFC audits to ensure compliance with regulatory standards.

Key Responsibilities:

- Develop and maintain a comprehensive understanding of the company's Internal control environment and SOX/ IFC requirements.

- Conduct risk assessments to identify control gaps and weaknesses, and recommend appropriate mitigating controls.

- Design and implement internal controls to mitigate risks and ensure compliance with regulatory standards, including documentation of control procedures and processes.

- Coordinate and perform testing of internal controls to assess their operating effectiveness and identify any deficiencies or non-compliance.

- Collaborate with cross-functional teams to monitor and remediate control deficiencies, ensuring timely resolution and effective implementation of corrective actions.

- Provide guidance and training to employees on internal control policies, procedures, and best practices.

- Assist in the preparation of documentation, including process narratives, flowcharts, control matrices, and control testing evidence, to support internal and external audits.

- Support the annual/ periodic SOX/ IFC compliance program, including scoping, risk assessment, testing, and reporting.

- Stay up-to-date with evolving regulatory requirements, industry best practices, and emerging trends related to internal controls and SOX/ IFC compliance.

- In-depth knowledge of internal control frameworks (e.g., COSO) and SOX requirements.

- Strong understanding of financial and operational processes, including experience in assessing risks and implementing controls.

- Excellent analytical and problem-solving skills, with the ability to evaluate complex processes and identify control deficiencies.