Exelixis, Inc.
Director, SOX Compliance (Finance)
The person will be responsible for the Company's compliance with Sarbanes Oxley (SOX). Overseeing and managing all SOX related activities. This person will manage all requests from our outside SOX advisors and the external auditors, evaluate the Company's SOX program and partner with functional groups across the Company to ensure a strong environment for internal controls over financial reporting ("ICFR"). Ensure proper training and communication to the process owners and cross-functional teams to adapt to changes within the Company and/or external requirements. Ensure updating and maintenance of company-wide control standards and manage SOX related and operational related projects.
Position Requirements
ESSENTIAL DUTIES AND RESPONSIBILITIES:
• Evaluate the Company's overall enterprise risk and provide feedback to management for process improvement
• Design effective controls over significant accounts, disclosures and processes, as part of the company's Sarbanes Oxley (SOX) Compliance
• Analyze and review SOX issues, including root cause analysis, control failure identification, level of significance assessment for deficiencies and remediation plans
• Manage the annual SOX 404 testing from scoping to execution and final reporting
• Evaluate processes for design deficiencies, identify areas of potential improvements, suggest controls to mitigate identified risks and implement changes
• Review new processes from a controls perspective. Work closely with process owners to design and implement new controls
• Train process owners, including non-financial individuals, to comply with SOX requirements
• Communicate required changes to process owners and assist with execution
• Monitor the SOX compliance process and report noncompliance activities in a timely manner
• Maintain SOX documentation, including scoping, testing, and remediation of all key control activities; notify process owners of insufficient supports
• Design and execute operational audits on an ad hoc basis
SUPERVISORY RESPONSIBILITIES:
• One staff member
EDUCATION/EXPERIENCE/SKILLS:
Education/Experience:
• BS/BA degree in related discipline and twelve years of related experience; or,
• MS/MA degree in related discipline and ten years of related experience; or,
• Equivalent combination of education and experience.
Knowledge/Skills/Abilities:
• Strong understanding of the Sarbanes-Oxley Act, the 2013 COSO framework and SEC guidance for management's assessment of internal controls over financial reporting
• Strong understanding of current accounting (GAAP) and auditing (GAAS) principle
• Strong interpersonal communication skills, including excellent verbal and written communications;
• Detail and Service oriented;
• Proficient with Microsoft Excel, Word & Power Point;
JOB COMPLEXITY:
• Evaluate cross-functionally which activities will impact SOX, including working with closely with the IT department
• Analyze financial statement impacts and operational impacts of identified control exceptions/deficiencies and recommend remediation plans
• Educate process owners, including non-financial individuals, the importance of SOX compliance and provide guidance to them when needed
• Effectively communicate requests from management or internal/external auditors to process owners and make sure proper actions have been taken
DISCLAIMER
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.