What are the responsibilities and job description for the SOX Audit Analyst position at Priority Technology Holdings, LLC?
Job title: Sox Audit Analyst
Reports to: Director, Security & Audit
Department: Security & Operations
Location: Alpharetta, GA (Hybrid)
Grade: 16
Our Company: Priority Technology Holdings, Inc. is a leading financial technology company that specializes in providing integrated payments and banking solutions. Our innovative native platform empowers businesses to effortlessly collect, store, and send money in a scalable manner. We are committed to revolutionizing the way companies handle their financial transactions by offering cutting-edge technology and exceptional customer service.
Job Summary: Performing a SOX audit involves assessing a company's internal controls and testing them to ensure that they are compliant with the Sarbanes-Oxley Act (SOX). This involves identifying key financial risks, identifying business processes, conducting control testing procedures, and reporting on the effectiveness of controls across various departments, often in close collaboration with management to rectify any control deficiencies discovered; focuses on the accuracy of financial reporting and minimizing risks for the company.
RESPONSIBILITIES:
- Stakeholder Collaboration: Collaborate with Internal and External Audit, Finance, Operations, Human Resources, andInformation Technology teams.
- Risk assessment: Assessing key financial reporting risks and prioritizing areas for control testing.
- Control documentation: Process documentation and related internal controls are documented through walkthroughs and interviews with process owners.
- Control testing: Executing test procedures to evaluate the design and operating effectiveness of key controls across different business functions (e.g., revenue recognition, inventory management, accounts payable).
- Issue identification and remediation: Identification, assessment, and development of corrective action plans for control deficiencies.
- Coordination with external auditors: Collaborating with external auditors to facilitate their SOX testing procedures and ensure consistency in audit findings.
- SOX compliance monitoring: Maintaining ongoing monitoring of controls to detect potential risks or changes affecting SOX compliance.
- Reporting and communication: Preparing detailed audit reports that summarize the results of control testing and provide recommendations to management and audit committees.
- Undertaking other tasks and responsibilities as assigned.
MINIMUM REQUIREMENTS:
- Graduate Degree in Computer Science, Information Technology, or any other related discipline or commensurate work experience or demonstrated competence.
Relevant certifications like Certified Internal Auditor (CIA), Certified Public Accountant (CPA) or CISA will be an added advantage.
2-5 years’ experience preferably Public Accounting, Internal Audits, SOX Audits, SOX Compliance, Statutory Audits.
PREFERRED REQUIREMENTS:
- Payment processing industry experience.
- Exhibit and promote good personal and professional ethics.
- Strong knowledge of accounting concepts and process/controls related to Revenue, Financial close and Reporting, Order to Cash, Procure to Pay, Treasury, Tax, HR Payroll, etc.
- Working knowledge of General IT control concepts.
- Ability to support high-caliber SOX controls testing and other internal control initiatives.
- Ability to work independently, deliver high quality output under time pressure and prioritize competing workloads.
- Demonstrated understanding of information management systems and infrastructure including IT processes, tools, controls.
- Technical acumen and the ability to understand and interpret technical specifications and queries.
- Ability to meet stringent deadlines in a fast-paced environment, deliver quality products and work well in a dynamic team environment.
Ability to effectively communicate complex technical concepts to both technical and non-technical stakeholders.
Proficient with Microsoft Office productivity applications, including Word, Excel, PowerPoint,Visio, and SharePoint.
Strong problem solving & organization skills.
Compensation & Benefits:
- Compensation range: 70,000 - $85,000
- End of Year Discretionary Bonus
- Unlimited PTO after year 1 (3 weeks to start)
- Medical, Dental & Vision
- 401k Match
- Education Expense Reimbursement
- Gym Membership Reimbursement
- HSA and FSA
- Employee assistance program (EAP)
Traditional Physical Requirements:
- Requires prolonged sitting, standing, bending, stooping and stretching.
- Requires the ability to lift 10 pounds.
- Requires eye-hand coordination, manual dexterity and a normal range of hearing and vision (with or without correction).
Join our team at Priority Technology Holdings, Inc. and be part of a dynamic and innovative company that is transforming the financial technology landscape. Together, we can shape the future of payments and banking solutions while providing unmatched value to our clients.
Salary : $70,000 - $85,000
