SOX IT Controls Sr. Manager

Description

Our culture believes in POWERING YOUR POTENTIAL . We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems.

We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That’s what #LifeAtCummins is all about.

We are looking for a talented SOX IT Controls Sr. Manager to join our team specializing in FINANCE for our Corporate/CBS Segment in Indianapolis, IN.

In this role, you will make an impact in the following ways:

• Responsible for managing the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment. Also responsible for managing audit team direct reports.

• Assists in development of audit plan based upon results of the annual risk assessment.

• Manages execution of audits, including planning, testing and reporting, to evaluate the effectiveness and efficiency of the internal control environment in compliance with audit standards.

• Reviews key audit documentation to ensure compliance with audit quality standards.

• Ensures audit issues are well defined and documented accurately, clearly and concisely.

• Reviews audit results and issues with process owners to verify the accuracy of audit issues.

• Communicates audit status, testing results, observations and improvement recommendations to stakeholders.

• Develops relationships with business leaders to understand business, risks and control environment and be considered a trusted business advisor.

• Prepares formal written reports to communicate audit results to management.

• Coaches, trains, and develops professional audit staff to develop skills and capabilities.

• Manages contracted audit staff.

• Assists in management of audit schedule, including assigning resources according to availability, skills, and developmental needs.

• Manages direct reports, including assessing performance and providing direct, meaningful and timely feedback.

Qualifications

Skills

• Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.

• Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.

• Audit Standards - Leverages audit standards and performs audits to evaluate the design and operating effectiveness of internal controls; summarizes procedures and findings to communicate audit results to stakeholders.

• Ensures accountability - Holding self and others accountable to meet commitments.

• Manages ambiguity - Operating effectively, even when things are not certain or the way forward is not clear.

• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.

• Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

• Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.

• Develops talent - Developing people to meet both their career goals and the organization’s goals.

• Directs work - Providing direction, delegating, and removing obstacles to get work done.

• Drives engagement - Creating a climate where people are motivated to do their best to help the organization achieve its objectives.

• Project Management - Establishes and maintains the balance of scope, schedule and resources for a temporary effort (a "project").

Education, Licenses, Certifications

• College, university, or equivalent degree in Accounting, Finance, Information Technology, or related field required.

• Certified Internal Auditor, Certified Public Accountant, Chartered Accountant or similar certification preferred.

Experience

Significant experience required, including supervisory experience.

• Develop strong understanding of business and IT processes, risks and controls, and proactively monitor system changes that impact the SOX assessment.

• Collaborate effectively with Finance and IT, ensuring alignment of Cummins’ IT Controls framework with the best practices and industry standards.

• Develop and manage execution of SOX IT general controls evaluation, including planning, testing, and reporting.

• Coordinate testing and results with external auditors to support external SOX audit.

• Track IT control deficiencies and evaluate impact to the annual SOX assessment, both quantitatively and qualitatively.

• Collaborate remediation action plans with IT control owners to ensure timely resolution.

• Identify opportunities to streamline, increase automation and rationalize IT general controls to improve the underlying control environment.

• Coordinate and evaluate Service Organization Controls (SOC) reports from third party service providers.

• Communicate testing status and deficiencies with IT control owners and present summary of results quarterly to the Chief Information Officer leadership team.

• Represent IT Compliance as needed, for any special projects

• Experience with OIM (Oracle Identity Management), RPA or other GRC tools is a plus

Compensation and Benefits

Base salary rate commensurate with experience. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.

Base salary range: $114,400 – $171,600

Please note that the salary range provided is a good faith estimate on the applicable range. The final salary offer will be determined after considering relevant factors, including a candidate’s qualifications and experience, where appropriate.

Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage and a full complement of personal and professional benefits.

Cummins and E-verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization

Job FINANCE

Primary Location United States-Indiana-Indianapolis-US, IN, Indianapolis, Cummins DBU Headquarters

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Posting Apr 23, 2024, 12:54:58 PM

Unposting Date May 8, 2024, 2:59:00 AM

Organization Corporate

Role Category Hybrid - Potential for Partial Remote

Relocation Package Eligible

Req ID: 240002BQ