What are the responsibilities and job description for the Controls Assurance Lead Auditor position at FCA?
The Controls Assurance Lead Auditor will lead the scoping, planning, creation and execution of testing of internal controls over financial reporting (“ICFR”) based on the assessment approach to assess the design and operating effectiveness. In addition, this role will involve coordination of test schedule and procedures with the control owners and internal as well as external auditors, as needed. The Controls Assurance Lead Auditor will lead walkthrough meetings with control owners, oversee the entire testing cycle through fieldwork and reporting of the assigned audit areas, and perform control testing activities as well as reviews of the control testing completed by other team members. The Lead will also communicate the status and results of ICFR testing procedures to various stakeholders including management and external auditors.
Additional responsibilities include:
Assist with overall scoping and planning procedures for the assessment cycle
Effectively contribute to process improvement initiatives across the organization
Lead the development of the audit plan and testing approach
Evaluate test plans, procedures and processes of business areas’ test programs against the testing standards
Create accurate, logical and detailed work papers clearly describing the work performed, results of testing and conclusions reached
Independently validate accuracy and alignment of relevant ICFR documentation (i.e.: control descriptions, risk/control matrices, mapping of controls to financial statement assertions, etc.)
Create, maintain and revise internal control documentation
Maintain a project plan, which ensures timely completion of ICFR testing in compliance with internal/external audit requirements and deadlines
Provide frequent testing status updates to Engagement Manager
Support with proactive feedback the management of Governance, Risk and Compliance (“GRC“) system maintenance and usage
Coordinate test schedule and procedures with the external auditors and management
Identify and escalate risk exposures to appropriate levels of management
Prepare deficiency language for issues identified during testing procedures and effectively communicate to various stakeholders including control owners and external auditors
Prepare formal written reports to management summarizing audit results
Execute special projects, as assigned
What You'll Learn:
Understand business processes from the initiation of activity through recording, the related controls and risks
Identify potential gaps in risks and controls within the control framework presenting potential exposure to management
Conduct and lead meetings with different levels of management including interviews to perform testing, learn business processes, provide status updates and deliver issues
Effectively project-manage plan and lead testing over multiple business processes
Writing skills to document processes and testing procedures
Prepare control testing working papers
Document deficiency language and appropriately communicating the issues to stakeholders including management and external auditors
Present testing status and communicate issues to various levels of management
Assist in preparing reports and presentations to top management
Build relationships with the external auditors and control owners
Work with other leads from different countries to ensure consistency in testing and process documentation
What This Role Will Prepare You For:
Roles (including manager roles) within Group Controls Assurance, Internal Controls and Financial Reporting, Corporate Finance and Corporate Accounting
Basic Qualifications:
Bachelor's degree in Accounting or Finance
5 years of relevant work experience, including public accounting experience
Experience with SOX and internal controls over financial reporting
Fluency in English
Good knowledge of Microsoft Office Suite, GRC technologies, and data analysis tools
Extensive experience working in a team-oriented and collaborative environment
Preferred Qualifications:
CPA, CA, CIA, CISA or other relevant local certifications
Effective written and verbal communication skills, including thorough work paper documentation techniques
Ability to interact with all levels of management and staff
Strong leadership, organizational, multi-tasking, and prioritizing skills
Able to plan scheduled audit work and carry out work of a complex nature
Knowledge of further languages (French, Italian, German, Spanish or Portuguese) in addition to the native one is an advantage
EOE / Disability / Veteran
At Stellantis, we assess candidates based on qualifications, merit and business needs. We welcome applications from people of all gender identities, age, ethnicity, nationality, religion, sexual orientation and disability. Diverse teams will allow us to better meet the evolving needs of our customers and care for our future.
Our benefits reflects the FCA commitment to helping you reach your personal and professional goals. In addition to an environment that promotes career development, we offer benefits for a healthy lifestyle and a rewarding future, designed to take care of you and your family, in various stages of life.
As a global company, our employee packages will vary by country, customary norms and the legal entity into which you are hired.
Additional responsibilities include:
Assist with overall scoping and planning procedures for the assessment cycle
Effectively contribute to process improvement initiatives across the organization
Lead the development of the audit plan and testing approach
Evaluate test plans, procedures and processes of business areas’ test programs against the testing standards
Create accurate, logical and detailed work papers clearly describing the work performed, results of testing and conclusions reached
Independently validate accuracy and alignment of relevant ICFR documentation (i.e.: control descriptions, risk/control matrices, mapping of controls to financial statement assertions, etc.)
Create, maintain and revise internal control documentation
Maintain a project plan, which ensures timely completion of ICFR testing in compliance with internal/external audit requirements and deadlines
Provide frequent testing status updates to Engagement Manager
Support with proactive feedback the management of Governance, Risk and Compliance (“GRC“) system maintenance and usage
Coordinate test schedule and procedures with the external auditors and management
Identify and escalate risk exposures to appropriate levels of management
Prepare deficiency language for issues identified during testing procedures and effectively communicate to various stakeholders including control owners and external auditors
Prepare formal written reports to management summarizing audit results
Execute special projects, as assigned
What You'll Learn:
Understand business processes from the initiation of activity through recording, the related controls and risks
Identify potential gaps in risks and controls within the control framework presenting potential exposure to management
Conduct and lead meetings with different levels of management including interviews to perform testing, learn business processes, provide status updates and deliver issues
Effectively project-manage plan and lead testing over multiple business processes
Writing skills to document processes and testing procedures
Prepare control testing working papers
Document deficiency language and appropriately communicating the issues to stakeholders including management and external auditors
Present testing status and communicate issues to various levels of management
Assist in preparing reports and presentations to top management
Build relationships with the external auditors and control owners
Work with other leads from different countries to ensure consistency in testing and process documentation
What This Role Will Prepare You For:
Roles (including manager roles) within Group Controls Assurance, Internal Controls and Financial Reporting, Corporate Finance and Corporate Accounting
Basic Qualifications:
Bachelor's degree in Accounting or Finance
5 years of relevant work experience, including public accounting experience
Experience with SOX and internal controls over financial reporting
Fluency in English
Good knowledge of Microsoft Office Suite, GRC technologies, and data analysis tools
Extensive experience working in a team-oriented and collaborative environment
Preferred Qualifications:
CPA, CA, CIA, CISA or other relevant local certifications
Effective written and verbal communication skills, including thorough work paper documentation techniques
Ability to interact with all levels of management and staff
Strong leadership, organizational, multi-tasking, and prioritizing skills
Able to plan scheduled audit work and carry out work of a complex nature
Knowledge of further languages (French, Italian, German, Spanish or Portuguese) in addition to the native one is an advantage
EOE / Disability / Veteran
At Stellantis, we assess candidates based on qualifications, merit and business needs. We welcome applications from people of all gender identities, age, ethnicity, nationality, religion, sexual orientation and disability. Diverse teams will allow us to better meet the evolving needs of our customers and care for our future.
Our benefits reflects the FCA commitment to helping you reach your personal and professional goals. In addition to an environment that promotes career development, we offer benefits for a healthy lifestyle and a rewarding future, designed to take care of you and your family, in various stages of life.
As a global company, our employee packages will vary by country, customary norms and the legal entity into which you are hired.
