Company Overview:

Our client is a leading multinational corporation operating in the financial services sector. With a significant presence in India and globally, they provide a wide range of services including investment banking, asset management, and wealth management solutions. They are committed to maintaining the highest standards of financial integrity and regulatory compliance across all their operations.

Role Overview:

The Director - Internal Control over Financial Reporting will lead the organization's efforts to establish and maintain a robust internal control environment over financial reporting. This role involves collaborating with various departments, including finance, operations, and IT, to ensure compliance with SOX requirements and other relevant regulations. The Director will play a critical role in safeguarding the company's assets and ensuring the accuracy and reliability of financial information.

Key Responsibilities:

- Develop and implement a comprehensive internal control framework over financial reporting, aligning with industry best practices and regulatory requirements.

- Lead the annual SOX compliance program, including scoping, risk assessment, testing, and remediation of control deficiencies.

- Evaluate the design and operating effectiveness of key controls, identifying and addressing any weaknesses or gaps.

- Collaborate with process owners to document and maintain accurate process narratives and control documentation.

- Provide guidance and training to employees on internal control requirements and best practices.

- Monitor and assess the impact of changes in accounting standards, regulations, and business processes on the internal control environment.

- Report on the status of the internal control program to senior management and the audit committee.

- Manage and oversee internal control audits and reviews, coordinating with external auditors as needed.

- Drive continuous improvement in the internal control environment, identifying opportunities to enhance efficiency and effectiveness.

- Conduct risk assessments to identify potential areas of financial reporting risk and develop mitigation strategies.

Required Skillset:

- Demonstrated expertise in designing, implementing, and evaluating internal controls over financial reporting.

- Proven ability to lead and manage SOX compliance programs in a complex organizational environment.

- Strong understanding of US GAAP, SOX requirements, and other relevant regulations.

- Excellent analytical, problem-solving, and critical-thinking skills.

- Exceptional communication, interpersonal, and presentation abilities.

- Ability to collaborate effectively with cross-functional teams and stakeholders.

- Experience in Enterprise Risk Management and Compliance.

- Qualified Chartered Accountant (CA) or MBA in Finance from a reputed institution.

- 14-20 years of relevant experience in Internal Control, Risk Management, or Compliance.