Internal Controls Analyst

Description

We are looking for a highly skilled and detail-oriented Internal Controls Analyst to join our dynamic Finance team. This role will play a critical part in maintaining a robust internal control environment and ensuring compliance with the Bank’s internal control requirements.  

The Internal Controls Analyst is responsible for overseeing and managing the Bank's internal controls over the financial reporting process. This role involves working closely with Internal Audit, various internal departments, external auditors, and senior management to ensure that internal controls over financial reporting (ICFR) are in place, functioning effectively, and compliant with all applicable regulatory standards.  

Essential Functions

• Oversees and manages the Bank’s internal controls compliance program, including the design, implementation, and testing of ICFR.
• Develops and maintains internal control documentation, including process narratives, risk control matrices, and testing plans.
• Coordinates the planning and execution of internal control testing to ensure timely completion and compliance with ICFR requirements.
• Partners with external auditors to facilitate the annual ICFR audits and ensure compliance with financial reporting regulations.
• Prepares quarterly and annual ICFR certification reports for senior management and the board of directors.
• Supports the remediation of any identified control deficiencies, ensuring corrective actions are documented, tracked, and implemented effectively.
• Consults on new business initiatives, system implementations, accounting policy changes and assesses the impact on internal controls.
• Provides training and guidance to employees across departments on ICFR compliance, internal controls, and best practices.
• Assists with the ongoing evaluation and enhancement of the Bank’s internal control environment to ensure continuous improvement.
• Maintains a current knowledge of bank regulations. Ensures compliance with all Federal, State laws and regulations, as well as Bank policies and procedures.

Working Conditions

This position offers a flexible work environment, with 2-3 days per week required at the Bank’s corporate headquarters located in Sacramento, CA. Employees can choose to work from the corporate office or voluntarily work from home. The Bank does not require or encourage employees to work remotely or on a hybrid schedule.

Requirements

• Bachelor’s degree in accounting, finance, or a related field from an accredited college.
• Five to seven years of experience in SOX compliance, internal audit, or internal controls, preferably within the banking industry or public accounting.
• Strong knowledge of internal control environments, the Sarbanes-Oxley Act, COSO framework, and regulatory requirements specific to the banking industry.
• Experience with ICFR compliance tools and systems. In-depth understanding of financial reporting processes, risk management, and regulatory reporting requirements for banks.
• CPA or CIA or relevant certifications preferred.

Additional Comments

River City Bank is an Affirmative Action and Equal Opportunity Employer with a commitment to diversity. Individuals seeking employment at River City Bank are considered without regards to ancestry, age, color, physical or mental disability, genetic information, gender, gender identity, gender expression, marital status, medical condition, national origin, race, religion, sex, sexual orientation, protected veteran/military status or any other consideration made unlawful by federal, state or local laws. Note: River City Bank does not sponsor applicants for work visas

For CA residents please read the Notice at Collection - California before applying.

Salary : $80,000 - $125,000