Manager - Financial Planning & Controls - BFSI

About the Role :

- The Business COSO team supports the Company's on-going objective of maintaining an industry-leading financial reporting control environment and is responsible for the following directives.

- Providing meaningful assessments of financial, risk, and regulatory reporting control environment 

- Overseeing compliance with Well Fargo & Company's COSO based policies for internal controls over financial reporting (SEC and Regulatory Reporting) and strategic planning for on-going compliance with the COSO polices (proactive anticipation of internal control related matters) 

- Monitoring new and emerging internal control related guidance and issues and assist with facilitating group-wide training to interested and impacted stakeholders 

- Providing consultation and subject matter expertise for process and control related matters including evaluating the severity of control deficiencies and related remediation efforts 

- Providing process and control support and thought leadership for projects and Interfacing with external auditors, regulators and others on control related matters and Acting as a change agent for continual improvement of the control environment.

Responsibilities :

- Team Member will contribute to the development and leadership of the Business COSO team by Managing a COSO monitoring team responsible Performing walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant risk and key controls.

- Validating and challenging risk assessment conclusions, including assessing appropriateness and completeness of key risk and key controls identified.

- Validating and providing challenge to identification of shared services, third party service providers, and significant applications.

- Supervising COSO testing of key controls, including design effectiveness assessments and operating effectiveness testing.

- Confirming and challenging documentation of control deficiencies, including issue description, root cause, unmitigated impact, and corrective actions.

- Analysis of the severity of control deficiencies, both individually and in the aggregate, and the impact to internal control over financial reporting.

- Evaluating the impact of control deficiencies to existing processes and controls.

- Building relationships and collaborating with key stakeholders in the SEC and Regulatory Reporting internal control infrastructures.

- Assisting with projects impacting the team including implementing the Company's COSO based Regulatory Reporting Governance & Oversight Framework and the 2013 COSO Framework.

Essential Qualifications :

- 9-11 years of experience in one or a combination of the following: Auditing, Accounting, Analytics, Reporting

- University degree in BS/BA degree or higher in Accounting, Finance or Economics.

- 5+ years of Team management experience of a team size of 5-12 team members

- Refined and professional verbal and written communications

- The successful candidate will be a highly motivated team player that is a self-starter who is accustomed to working in complex organizations with a diverse group of stakeholders

- Someone who is able to withstand challenges and adapt accordingly.

- This individual should have COSO documentation and testing experience.

- Additionally, the candidate should possess a significant amount of professional presence and be accustomed to presenting material to senior executives.

Desired Qualifications :

- Big four public accounting experience, A Masters of Business Administration (MBA) or a Certified Public Accountant (CPA) or Chartered Accountant (CA) Designation

- Experience with governance and oversight accountabilities

- Experience with large financial institutions

- Prioritize multiple tasks in a fast-paced environment with critical deadlines

- Advanced knowledge of Excel, PowerPoint