Internal Financial Controls Lead/Governance (Project Management)
1. Remediation and Deficiency tracking and reporting
a. Maintain inventory of reported deficiencies on the summary of aggregate deficiencies (SAD).
b. Distribute the required control assessment form to the process owner providing a 5-day turnaround requirement
c. Review the control assessment form for accuracy and completeness ensuring the issue and root cause as well as impact is clear and concise. Assess the planned remediation effort to determine its adequacy and
target date for implementation.
d. Maintain the inventory of control assessment forms and cross reference to the SAD.
e. Lead the weekly remediation and deficiency internal meetings ensuring all issues are assigned and include a valid date for remediation testing.
f. Perform or review remediation testing using Wdesk.
2. SOC 01 Management
a. Maintain a comprehensive inventory of outside service providers including the final assessment of whether the vendor is in scope or out of scope for SOX.
b. Annually obtain a copy of the SOC 1 report for each respective in scope outside service provider.
c. Partner with the relationship manager and respective business area to ensure a full assessment of the SOC 1 is performed and all tasks contractually agreed upon with the OSP are performed adequately as detailed in the SOC 1.
d. Validate whether the SOC 1 check list is completed thoroughly and accurately.
e. Validate whether a complete inventory of CEUC's is maintained and verified annually.
f. If subservice providers are used assess the adequacy of the control's, they perform through the relationship manager.
g. Report and follow up on any deficiencies assessing their financial impacts to the organization
h. Obtain copies of bridge letter and review noting any areas of concern that require tracking and reporting on the SAD.
3. Control Area Coordination (CAC)
a. Review new systems and or processes being considered and assess their SOX impact.
b. Review the SOX Assessment form to ensure a complete and accurate description of the new project being presented to governance is clear and SOX impact noted.
c. Maintain inventory of meetings held and flag any areas that require future follow up on controls.
d. Follow up to ensure all required controls are implemented and reflected on the risk control matrix.
4. Process Walkthroughs
a. Lead process walkthroughs to assess whether there have been any changes in processes or controls since the prior testing period. Determine whether documentation is reflective of the current process and controls.
5. Testing Review Support
a. During peak periods provide support to teammates in the review and approval of SOX testing.
b. Support teammates on entity level control testing.
6. Internal Audit Reviews
a. Assess internal audit reports to determine whether identified issues impact SOX
b. Maintain inventory of IAD reports and final disposition of reported issues
7. Vendor control assessment
a. Internal control assessment of new vendors that may have a direct impact to our financial statements requires a documented assessment.
8. Quarterly Performance of controls
a. Process owners are required to attest whether all controls have been performed prior to the issuance of the financial statements. This information is tracked and maintained in Wdesk and requires oversite throughout the close process.
9. Alliance Bernstein
a. Monitor the results of SOX testing performed by our AB counterparts.
QUALIFICATIONS:
Minimum Qualifications
Preferred Qualifications:
ABOUT AXA EQUITABLE
We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
As an employer AXA Equitable is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA Equitable has been recognized and certified as a great place to work by the Great Place to Work Institute.
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA Equitable. Almost 40% of our open jobs are filled with current employees.
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In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.
AXA Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.