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Overview:
Lead, manage, and contribute to compliance with the Sarbanes-Oxley Act (SOX) for both public companies (PFSI and PMT). Responsible for partnering with senior management, internal auditors, and external auditors to maximize the efficiency and effectiveness of the SOX function. Assist with non-SOX Finance Risk functions, including managing a population of non-SOX controls and periodic testing of these controls.
Lead, manage, and contribute to compliance with the Sarbanes-Oxley Act (SOX) for both public companies (PFSI and PMT). Responsible for partnering with senior management, internal auditors, and external auditors to maximize the efficiency and effectiveness of the SOX function. Assist with non-SOX Finance Risk functions, including managing a population of non-SOX controls and periodic testing of these controls.
Job Description:
Contribute to the SOX compliance life cycle for both public companies. This includes performing and contributing to the SOX risk assessment, fraud risk assessment, SOX walkthroughs, flowcharts and control matrix documentation, design and implementation of controls, and assist internal auditors and external auditors with testing questions and resolution of potential issues as they arise.
Prepare control deficiency assessments, evaluate severity of deficiencies, and work with business units to develop appropriate remediation plans. Additionally, work with business units to ensure remediation plans are properly implemented.
Assist business units in the design of Management Review Control (MRC) documentation. This includes the evaluation of financial statement accounts or valuations that are typically higher risk, subjective in nature, include significant assumptions, unobservable inputs, and require management judgment to conclude upon.
Assist with design and implementation of internal controls related to new accounting standards, new products, or Company initiatives (as appropriate).
Act as an audit liaison, interacting with business units, internal auditors, and external auditors, to maximize the efficiency and effectiveness of the SOX function.
Evaluate risks within the Finance function and assist with non-SOX related Finance Risk functions, as assigned.
Develop and manage a population of non-SOX Finance controls and periodic testing of these controls.
Stay abreast of changes in accounting guidance and SOX regulations to ensure the Companies’ compliance.
Fulfill on role-based compliance, personal skill and professional development requirements.
Adhere to company code of conduct and policies & procedures.
Perform other related duties as required and assigned.
Demonstrate behaviors which are aligned with the organization’s desired culture and values
Ideal Candidate will have the following::
7 plus years of internal audit, SOX compliance, Public Accounting, or accounting/industry experience; Big 4 preferred.
CPA preferred.
Strong understanding of Sarbanes-Oxley Act (2002), Sec 404 and 302. Knowledge of COSO Integrated Frameworks for Internal Control.
Knowledge of internal control structure and processes through experience in an external audit firm, internal audit department, operational accounting position or SOX compliant business unit.
In depth knowledge of the Company’s products and the Mortgage Banking industry.
Broad understanding of technology’s strategic role and impact.
Set standards for leadership by example, including ability to effect change, resolve conflicts and ensure collaboration within appropriate levels of the Company.
Absolute discretion and confidentiality regarding sensitive information.
Ability to take initiative to identify, prioritize and implement all elements required for the SOX Compliance Team to fulfill responsibilities in keeping with core strategic goals.
Strong project management skills.
Strong Interpersonal skills.
Strong analytical and problem solving skills.
Excellent communication skills with the ability to interact with all levels of leadership and think in a strategic manner. Speaks and writes clearly and persuasively in positive or negative situations, demonstrates group presentation skills and conducts meetings.
Establishes credibility and displays self confidence that earns organizational trust. Ability to lead multiple teams
simultaneously and change priorities as needed to meet business demands.
Demonstrates ability to advance multiple priority assignments concurrently and within established deadlines.
Competent at working in partnership with team members to deliver expected results.
Ability to prioritize and plan work activities, use time efficiently and develop realistic action plans.
Excellent problem solving skills – Identifies and resolves problems in a timely manner and gathers and analyzes information skillfully.
Strong staff management skills – Assesses staff skill levels, assigning work appropriately, and facilitating team development/optimization.
General computer skills including use of Microsoft Office Suite, including Visio