Director of Financial Controls - Hartford, CT, 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 financial company? Our client, a dynamic financial/insurance organization in the Hartford area, is seeking an outgoing, career-minded Director-level professional to help implement their new SOX/financial controls group.

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).

• Management is supportive and flexible. Excellent leadership
• Very collaborative and welcoming environmentTitle: Director of Financial Controls / Sarbanes-Oxley

• Help provide strategic direction and hands-on oversight in building and implementing the financial Controls / Sarbanes-Oxley (SOX) function.
• Reporting to the Head of Financial Controls, this individual will have exposure to the operations of the company and will work with internal and external auditors.
• Following the design and implementation of the program, this individual will support the maintenance of the organization's SOX compliance effort.
• Develop and establish a robust SOX framework tailored to the organization's structure and regulatory requirements.
• Conduct comprehensive risk assessments to identify key controls, evaluate control design effectiveness, and assess the overall control environment.
• Drive the implementation of SOX compliance initiatives, ensuring alignment with industry best practices and regulatory standards.
• Collaborate with cross-functional teams to optimize business processes, integrating effective internal controls seamlessly into daily operations.
• Create and maintain detailed documentation of SOX processes, controls, and testing procedures.
• Build, mentor, and lead team members and high-profile projects and professionals, fostering a culture of excellence and continuous improvement.
• Oversee the execution of testing procedures, continuously monitoring changes in business processes to ensure ongoing compliance.
• Work closely with process owners to develop and implement effective remediation plans for identified control deficiencies.
• Collaborate with internal stakeholders, external auditors, and senior management to communicate the status of SOX compliance efforts

• Bachelor's in Accounting, Finance or related field; Master's Degree and/or CPA preferred.
• 7+ years of progressive experience in SOX compliance, preferably including a combination of public/Big 4 experience and financial/insurance experience.
• Extensive knowledge of US GAAP, MAR, Sarbanes-Oxley, risk and controls standards, and business process best practices
• Proven track record of supporting the build and implementation of SOX compliance programs.
• Strong understanding of internal controls, risk management, and financial reporting.
• Strategic thinker with excellent project management and organizational skills.
• Effective communication and interpersonal skills, with the ability to engage with stakeholders at all levels.
• Self-starter with excellent problem-solving abilities.
• Be a dedicated team player with flexibility and adaptability to change.