Manager, Financial Controls & SOX
Location:
Newark , New Jersey
Posted:
November 18, 2017
Reference:
7980991

The SOX & MAR Compliance Team is responsible for oversight and management of Prudential’s Sarbanes- Oxley (SOX) and Model Audit Rule (MAR) programs, ensuring financial reporting risk is managed in accordance with applicable SEC and insurance company regulations. The group manages the SOX & MAR programs’ overall materiality guidance and scoping and provides the framework and methodology for SOX & MAR compliance, independent monitoring & testing assurance over select SOX key controls, assessment/evaluation, monitoring and reporting of deficiencies, and activities supporting the quarterly and annual CEO & CFO SOX certification.

This position within the SOX & MAR team will play a key role in implementing the global strategy for the SOX & MAR programs at Prudential, driving implementation of changes to provide proactive assurance, institutionalize processes for ongoing management of changes to SOX & MAR critical processes and related controls, ensuring existence and maintenance of clear linkage to Prudential’s financial statements. The success of this role involves driving results through close collaboration with multiple stakeholders including the Operational Risk Management, business process owners, controllership functions, internal and external auditors, etc.

Day to day key responsibilities include, but are not limited to:

  • Developing, issuing and communicating guidance for SOX & MAR governance activities and initiatives
  • Participating in and documenting the bi-annual Scope & Coverage process
  • Participating in walkthroughs and identifying/validating key controls
  • Developing test procedures, executing and documenting testing, and reporting results within Archer
  • Assessing SOX & MAR control deficiencies, analyzing issues and performing root cause analysis
  • Staying abreast of latest business, organizational, technology and regulatory changes and partnering with other business functions to ensure SOX & MAR guidance is applied consistently
  • Participating in ad hoc projects and initiatives within the SOX Compliance Team designed to enhance the Company’s Internal Controls over Financial Reporting (ICFR) framework
  • Providing technical SOX, MAR and COSO internal control guidance to business process areas
  • Coordinating with internal and external auditors on the annual SOX testing plan and providing support to them to ensure timely and smooth completion of SOX projects

A little about us:
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