Title: ICFR Controls Analyst

Location: Washington, DC

HYBRID

To assist in providing internal control guidance, evaluate control effectiveness, and recommend improvements to control-related practices commensurate with a mature Internal Controls over Financial Reporting (ICFR) program. Work closely with the Lead Financial Statement Risk Analysts and key business partners to understand high risk processes, financial statement risks, and key controls to reduce the risk of financial misstatement.
Responsibilities:
Support all aspects of the Internal Controls over Financial Reporting (ICFR) Vendor Risk program
Assess third parties for ICFR/financial statement impact
Review relevant SOC 1 (SSAE18) reports to assess control environments for third-parties, work with business partners to identify, assess and document user controls
Assess and document ICFR related Information Technology General Controls (ITGCs) to address control gaps in design effectiveness
Evaluate performance of existing controls and devise remediation strategies that align control performance with the appropriate risk mitigation methodology
Support multi-disciplinary control initiatives to assess controls and ultimately transform any control gaps into mature control environments
Research industry best practices associated with ICFR vendor risk and ICFR in general
Solve complex control-related business problems by defining the problem, interviewing stakeholders, identifying, and evaluating alternatives, and presenting findings
Perform other duties as assigned
Qualifications and Education Requirements:
Significant experience with Internal Controls over Financial Reporting (ICFR)
Significant experience or knowledge of SOX including GAAP principles, financial statement preparation, and internal accounting controls
Strong experience reviewing or preparing SOC 1/SSAE18 reports
Strong experience with Third Party Risk Management activities
Strong experience redesigning processes and identifying control gaps to be consistent with a mature ICFR program
Strong experience with extracting and documenting business process controls and information technology application and general controls (e.g., access controls list, change controls, segregation of duties, etc.)
Strong experience assessing the design and operating effectiveness of key controls
Strong experience that demonstrates the ability to research, compile, and document data, business processes, and workflow, including strong knowledge of Microsoft PowerPoint, Excel and Visio.
Strong experience presenting findings, conclusions, alternatives, and information clearly and concisely
Bachelor s degree in Accounting, or related field, or the equivalent combination of experience, education and training