Internal Controls Lead

Job-ID: 14344; Location(s): Broomfield, CO 

JOB DESCRIPTION SUMMARY

The Internal Controls Lead is responsible for periodically reviewing and updating internal control documentation, such as the Risk Control Matrix, Delegation of Authority, Segregation of Duties process documentation; training others on these processes; works with internal stakeholders to test narratives and controls; identifies weaknesses, gaps, or noncompliance in the control environment and assists process owners in identifying and implementing appropriate controls to mitigate or eliminate weaknesses or gaps; and coordinating internal audits with 3rd party consultants and the communication of the report to leadership. 

JOB DESCRIPTION DETAILS

• Review and update all major business cycle Control Narratives.
• Update Control Matrix as needed with any changes to controls or new controls.
• Review and update Delegation of Authority.
• Review and update Segregation of Duty process documentation and applicable controls.
• Develop and conduct adequate training and prepare related information material on the internal control objectives, approach and methodology to business partners on a regular basis to build knowledge and understanding of risks and control, including the Delegation of Authority and Segregation of Duty process.
• Work collaboratively with functional leadership to periodically audit and test narratives and related controls for completeness and effectiveness, and to identify weaknesses in work processes and assist functional leadership to implement methods to minimize risks. 
• Perform and document process walkthroughs, control design assessments, and report out findings.
• Identify improvement opportunities in business processes during walkthroughs.
• Responsible for maintaining the completeness of all financial compliance and controls documentation for the company.
• Works closely with external & internal auditors and team members to assist with audit process.
• Prepares and compiles documents for audits, ensuring that auditors are provided with relevant and accurate information by the due dates.
• Perform other duties as required and/or assigned.
• Some travel may be required.

REQUIRED QUALIFICATIONS

Knowledge, Skills and Abilities

• Knowledge of computer programs including Microsoft Word, Excel, Outlook, PowerPoint, Visio, SAP
• Understanding of accounting practices / Generally Accepted Accounting Principles (GAAP)
• Understanding of the Sarbanes-Oxley Act of 2002 (SOX)
• Understanding of the Committee of Sponsoring Organizations of the Treadway Commission (COSO)
• Understanding of systems, applications controls, and IT general controls
• Understanding of industry practices and standards relating to internal controls
• Excellent technical, oral and written communication skills with the ability to communicate with all levels of the organization
• Strong time management skills with ability to prioritize and work on multiple projects
• Strong organizational, problem solving and analytical skills
• Skilled in dealing with financial and numeric data
• Ability to think critically, without bias 
• Ability to work independently, with minimal supervision to ensure timely and accurate completion of projects
• Ability to pay close attention to detail; accuracy is very important
• Ability to document processes from start to finish, through the collaboration with subject matter experts 

Education, Certification/License & Work Experience

• Bachelor’s Degree in Accounting or relevant field required
• CPA, CMA, MBA, or CFA
• 3 years of relevant experience required and direct experience in internal controls/auditing strongly preferred

Equivalent combinations of education and experience may be considered.

Location
The role is located in our Broomfield, Colorado office and is hybrid with onsite 2-3 days a week.

Total Rewards Package:

Compensation

• Base: $90,000 to $121,000 annually, based on specific compensable factors including, but not limited to education, work experience, and geographic market.
• Bonus: This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance.

Benefits

• Medical, Dental, Vision
• Wellness Program
• Health Savings Account (HSA) with a company contribution
• Voluntary Benefits (Life, AD&D, Disability)
• 401(k) retirement plan with a 7.5% company contribution
• Time Off Programs – 22 days Paid Time Off (PTO), 9 Company Holidays, 2 Volunteer Days

Application Window

• Posting date: 5/3/2024
• The application deadline for this job is: 5/31/2024

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