Risk and Control Compliance Lead - ITBookmark This
DescriptionRisk and Control Compliance Lead - IT
FMC Corporation is committed to providing employees with ample opportunities to contribute, lead and be recognized as innovators, to look beyond barriers to provide solutions, to be challenged in what they do and to love doing it. FMC is a S&P 500, diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century. As a global leader utilizing advanced technologies and customer-focused research and development, FMC provides innovative and cost-effective solutions to food, agriculture, pharmaceutical, specialty and related industries.
FMC is going through a transformation of its Finance organization, a project that is expected to take 3 to 4 years to complete. This initiative is changing the way finance is operating and as a result we must re-design, document and test internal controls suited for the new operating model. Internal controls currently reside under the Director of Financial Control Compliance who provides oversight for the design and implementation of the SOX program while the ownership of the control procedures reside at the operating level. This position is created to support the transformation effort as well as the new operating model.
The IT Risk and Control lead has skills and experience that combine Information Technology process and risk in an ERP environment, and a solid understanding of the finance and accounting process. The candidate will bring a fresh prospective on IT risks and controls ranging from general IT controls to application including, application configuration, operations, security, development, change management and oversight. This position consists of coordinating with the IT organization and Finance personnel to evaluate risk, design, implement, document controls. It also includes coordinating the periodic testing of IT controls. The IT Risk and Control lead has skills and experiences that combine accounting, auditing as well as the ability to define controls. The candidate will:
• Bring a fresh experience in the design, implementation and testing of controls
• Be flexible and able to work in a changing environment
• Be independent and evaluate situations objectively
• Have outstanding process documentation and communication skills
• Have a demonstrated interest in the way finance is connected to the business
• Have an interest in the continuous improvement of financial processes and control procedures
• Have a “process mind” and project management skills including proven experience in measuring goals, performance and progress
• Be interested in continuous learning and training others
• Have strong ethics
The candidate will be a driven, creative, hands-on, very good oral and written communicator. Comfortable in various cultures. Assertive but politically savvy and able to handle discussions and feedback from management.
Will be able to evaluate complex issues, ask appropriate questions to accurately understand the root cause of issues being evaluated.
Will be able to perform in an environment where competing priorities occur often and will successfully prioritize and complete tasks, creating a sense of urgency when needed fostering confidence in all those who contribute to the solution.
• Lead IT risk assessments affecting the Financial Statements
? Lead with periodic risk assessments, understand how financial applications support the financial process
? Maintain understanding of current SOX/SEC requirements, COSO and CoBIT Control framework with respect to risk assessments, control objectives and the reporting of deficiencies
• Develop knowledge of business processes and create trusted business relationships
? Obtain a good knowledge of each branch of our business and each corporate department, especially the IT processes. Maintain a good understanding of the financial systems and applications that impact the financial process; understand their functionality and their features.
? Develop trusted relationships with IT and finance personnel.
? Coordinate effectively with IT leads to design and implement effective control procedures and to assist with training in order to maintain risk and control awareness high
• Design control procedures
? Based on understanding of assessed risk, FMC standards and industry benchmarks ensure that effective control procedures are designed to fully mitigate risk.
? Perform test of effectiveness to validate that controls and supporting evidence will achieve stated control objectives.
? Design testing procedures to verify that the procedures remain effective after they have been implemented.
• Document processes and controls
? Document IT internal controls using various documentation tools such as flow charts to provide summary views of processes, executive summaries, and detailed narratives when necessary.
? Work with the IT teams to document controls according to FMC standards:
? Conduct interviews to understand the process being analyzed (routine, performance statistics, non-routine and exceptional transactions, manual versus system etc)
? Ensure that documentation is accurate, sufficiently detailed to represent the process, approved by process owners, and consistent if it must reside in several systems
? Maintain process and control documentation updated and relevant as changes occur
• Evaluate the effectiveness of internal controls
? Lead testing of internal controls
• Manage task load, occasional projects or participate in projects
? Evaluate level of effort, project risk and establish realistic deadlines for assigned tasks or projects
? Deliver results on time and within established constraints
? Assist in the deployment of BlackLine
? Help in the development of the plan of annual activities
? Assist in the reporting of status of activities and issues to senior management
? Assist in coordinating the testing of internal controls with internal and external auditors
• BS degree in IT and/or finance/accounting
• CISA preferred
• IT controls
• SAP FI required
• BlackLine strongly preferred
• International experience strongly preferred
• Subsequent industries experience a plus
• Good knowledge of Sarbanes Oxley Rule
• Understanding of the COBIT/ COSO framework
• Understanding of SEC and PCAOB requirements related to compliance programs
• Proven experience in auditing / testing
• Excellent Excel and Power Point skills
• ACL or other data mining a plus
• Six Sigma/Lean certification and implementation would be a plus
• Mandarin or Portuguese as a second language highly desired
• Technical Knowledge
• Drive for Results
• Decision Quality
• Dealing with Ambiguity
• Business Acumen
FMC employs people across a broad range of occupations in locations across the world where we use advanced technologies in research and development, mining, and manufacturing to produce customized products and applications. Our offerings provide important sustainable benefits, including increased agricultural production, better foods and medicines, advanced energy storage, and cleaner water, air and soil.
FMC employees enjoy competitive compensation, a menu of work/life benefits and opportunities to continue developing their skills and building their career. FMC is an Equal Opportunity Employer, EEO, AAE, MFDV and supports a drug-free workplace. If you are ready to make a difference every day, FMC is ready to talk to you.
Apply online at: https://jobs-fmc.icims.com/jobs/6197/risk-and-control-compliance-lead---it/job