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SOX Audit/Financial Analyst - SOX Office (Sarbanes Oxley Act) Overseeing the banks key controls supporting financial statements

Job Type: Contract
Positions to fill: 1
Start Date: May 23, 2022
Job End Date: May 22, 2023
Pay Rate: Hourly: Negotiable
Job ID: 118905
Location: Toronto
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SOX Office - Finance
Duration: 17 months
Work location:  81 Bay 26th Floor
· WFH? Currently Hybrid model, working in office Wednesdays and Thursdays which may change to more over time.
     
Responsibilities:
Reporting to the Senior Director, SOX, this role is involved in the annual scoping and execution of the SOX program, including training business units as required, liaising with other area on General Entity and Financial Processing Controls, conducting quality review of testing performed by businesses on internal controls over financial reporting, aggregating deficiencies and evaluating their impact on Internal Control Over Financial Reporting, and preparing reports to the Disclosure Committee and Audit Committee.
 
· Manage our SOX requirements - responsible for scoping of significant accounts for SOX.  Responsible for the oversight and quality assurance of documentation of Financial Processing Controls and General Entity Controls.  Review and assess management test results of General Entity and Financial Process Controls in other LOBs.  Review and support assessment and aggregation of financial reporting related deficiencies bank-wide.  Support the quarterly SOX certification results and the impacts on the overall SOX assertion. Challenge SBU and other infrastructure groups on financial reporting /SOX controls/SOC 1 report controls, changes to controls and on management testing.
· SOX Policies, standard and procedures - collaborate with Global Operational Risk Management (GORM) in developing and maintaining policies, standards and procedures to ensure SOX requirements are reflected. Provide guidance and training to various Governance / Control Groups on SOX controls and testing requirements.  Stay current on SOX requirements, identify changes to meet new requirements, and communicate SOX requirements changes to GORM and other impacted parties in CIBC.
· Support on SOX Reporting, audits and projects to Finance Shared Services Risk Management review, Disclosure Committee and Audit Committee. Prepare SOX related external disclosures as required and other ad hoc report and analysis. Liaise with the external auditors on overall SOX status/compliance and support other SOX related initiatives.
· Support our SOX external audit

Must Haves:
· Has current accreditation and good standing on a professional accounting or auditing designation (CPA or equivalent, or CIA), or progression towards these certifications.
· Controls, SOX controls or Service organization control background
· Some understanding of audits or audit experience with financial statements/financial processes
· Strong excel experience (Pivot tables, Formulas)
· Working experience in banking/financial institutions, and sound knowledge of financial markets.
 
Nice to have:
· Knowledge of banking GL and financial statement processes
· SOX testing is helpful but not required in this role.