Project Specialist - Finance SOX & Quality Assurance

Job Description

The Project Specialist in the Finance SOX / Quality Assurance Department is responsible for evaluating the effectiveness of internal controls, recommending process improvements, and where appropriate standardizing work practices within the Finance organization. The individual will report to the Section Manager, Finance SOX / Quality Assurance. The Project Specialist supports all efforts related to the oversight and execution of the Company's SOX program. The Sarbanes Oxley (SOX) rules are federal regulations that require management to document, assess, and make representations regarding the effectiveness of the corporation's internal control over financial reporting. This position requires expertise in the design, operation, and maintenance of internal controls, interpreting changes in SOX requirements, and coordinating SOX compliance activities throughout the Company, for both business and IT controls. The individual coordinates with quality assurance and control functions throughout the Company to develop and implement best practices and works closely with both the internal auditing organization and external auditors. Additionally, the individual will conduct quality assurance reviews to evaluate the effectiveness of internal controls and the efficiency of the current processes.

Responsibilities

Core Responsibilities

• Train, influence, and marshal SOX Business Process Owners and Coordinators, and senior management stakeholders across all of Con Edisons affiliate businesses.
• Perform all oversight, execution and governance duties of the SOX Program Office in an effort to comply with relevant SOX requirements.
• Support the annual process to review and update the Companys SOX process documentation (e.g., business process and IT control narratives, risk and control matrices, and process flowcharts).
• Establish requirements and periodic reporting processes to confirm that SOX control owners, business process owners, and coordinators perform all required duties in support of the SOX Program Management Office.
• Work with the IT organization to document the IT general controls and application controls considerations such as access security, change management, interfaces, business continuity and the system development life cycle.
• Perform enterprise efforts to implement and perform analysis for segregation of duties (SoD) controls in the control environment.
• Act as Finances liaison to Auditing and the external auditor on all SOX testing matters.
• Track the status and remediation of any identified control deficiencies, significant deficiencies, or material weaknesses.
• Identify and develop recommendations for changes to the SOX program or associated activities to support changes in the business resulting from acquisitions, system implementations, and other changes affecting SOX compliance requirements.
• Work with control owners to review and provide feedback on System and Organization Control (SOC) 1 reporting requirements.
• Facilitate the completion of officer certifications in connection with SOX requirements.
• Conduct SOX benchmarking with peer companies and participate in benchmarking surveys.
• Support Finances quality assurance function and monitor all QA reviews.
• Develop and maintain a comprehensive inventory of business processes within the Finance organization, including mapping compliance obligations and control activities. Assess the process inventory to identify areas for review.
• Participate in the establishment of new SOX systems to assist and review control design and documentation.
• Support efforts to rationalize and seek automation opportunities within the SOX control environment.
• Ensures that safe work practices are followed and the environment is fully protected in accordance with Company policy and governmental regulations.
• Will work independently, maintain confidentiality and place a high significance on personal accountability. Promote a positive work ethic that supports our Corporate Values and Mission Statement.
• Sustains a workplace environment that fosters trust, leadership, professionalism, integrity, honesty and concern. Constantly strives for excellence.
• Complies with Company policies and procedures.
• Perform other related tasks and assignments as required.

Qualifications

Required Education / Experience

Relevant Work Experience

Skills and Abilities

Licenses and Certifications

Additional Physical Demands

About Us

Mission Statement :

Consolidated Edison Company of New York, Inc. (Con Edison), Orange & Rockland Utilities (O&R), and Consolidated Edison Transmission (CET) employees are required to follow health, safety, and environmental policies, EEO, Standards of Business Conduct, and all other applicable company policy and procedures. We all share a responsibility to advance the company's mission by excelling at our three corporate priorities - safety of our people and the public, operational excellence in all that we do, and ensuring the best possible customer experience.

About the Team

EEO Statement :

Consolidated Edison Company of New York, Inc. (Con Edison), Orange & Rockland Utilities (O&R), and Consolidated Edison Transmission (CET) are equal opportunity employers. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of the individual's actual or perceived disability, protected veteran status, race, color, creed, religion, sex, age, national origin, gender, gender identity, gender expression, genetic information, marital status, sexual orientation, citizenship, domestic violence victim status, or any other actual or perceived status protected by law.

Technical Difficulty Statement :

For technical issues, please contact us at careerconnect@coned.com