Head of Financial Controls/SOX - West Hartford, United States - Smith Arnold Partners

Description

Are you seeking a Financial Controls leadership position that will allow you to make a great impact on a growing company? Our client, a dynamic financial organization in the Hartford area, is seeking an outgoing, career-minded Senior Director-level professional to Head up their new financial controls group.

This role presents a unique opportunity to lead and build the SOX function.

The successful candidate will have extensive experience in the Insurance industry, in addition to a robust knowledge of Financial Controls, including Sarbanes-Oxley (SOX) and Model Audit Rule (MAR).

What are people saying about this company?

• Management is supportive and flexible
• Very collaborative and welcoming environmentTitle: Head of Financial Controls / Sarbanes-OxleyLocation: Hartford County (Hybrid)

Salary:
$175,000 – $220,000 +Bonus, LTIResponsibilities:

Strategic Leadership:
Provide strategic direction and hands-on oversight in building and implementing the financial Controls / Sarbanes-Oxley (SOX) function.

Framework Development:
Develop and establish a robust SOX framework tailored to the organization's structure and regulatory requirements.

Risk Assessment:
Conduct comprehensive risk assessments to identify key controls, evaluate control design effectiveness, and assess the overall control environment.

Implementation:
Drive the implementation of SOX compliance initiatives, ensuring alignment with industry best practices and regulatory standards.

Process Optimization:
Collaborate with cross-functional teams to optimize business processes, integrating effective internal controls seamlessly into daily operations.

Documentation:
Create and maintain detailed documentation of SOX processes, controls, and testing procedures.

Team Leadership:

Build, mentor, and lead team members and high profile projects and professionals, fostering a culture of excellence and continuous improvement.

Testing and Monitoring:
Oversee the execution of testing procedures, continuously monitoring changes in business processes to ensure ongoing compliance.

Remediation Planning:
Work closely with process owners to develop and implement effective remediation plans for identified control deficiencies.

Stakeholder Collaboration:
Collaborate with internal stakeholders, external auditors, and senior management to communicate the status of SOX compliance efforts

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field; A Master's Degree is a plus
• CPA and/or other relevant certifications preferred.
• Proven track record of successfully building and leading SOX compliance programs.
• Extensive experience in SOX & MAR within the insurance or financial services industry.
• Knowledge of GAAP, IFRS, and EBS preferred.
• Strong understanding of internal controls, risk management, and financial reporting.
• Exceptional leadership and team management skills, with a demonstrated ability to inspire and lead high-performing teams.
• Strategic thinker with excellent project management and organizational skills.
• Effective communication and interpersonal skills, with the ability to engage with stakeholders at all levels.