AVP, Financial Controls
About the role
AVP, Financial Controls
The AVP, Financial Controls specializes in the establishment and maintenance of the Company’s Internal Control over Financial Reporting (ICFR) Program in accordance with the applicable Standards and Guidance issued by the Securities and Exchange Commission (SEC) and the Sarbanes Oxley Act of 2002 (SOX). This role is also responsible for the implementation of the Company’s internal control over US Statutory reporting programs in accordance with the Model Audit Rule (MAR) of the National Association of Insurance Commissioners. This position will also lead the development and integration of the Bermuda Monetary Authority (BMA) financial reporting requirements, into the Company’s ICFR Program.
The position will partner with the business to lead continuous improvement of the ICFR Program. The position will be responsible for effectively managing the annual ICFR program and will partner across the organization to identify opportunities for innovation and increased efficiency through automation, to promote the delivery of reliable and timely financial information.
The continued advancement of the Company’s ICFR Program in parity with SOX, MAR and BMA requirements is an important strategic priority for the Company, that crosses all functions and activities within the organization. This position will have significant interaction with senior leadership, including Controllers, Operations, People and Culture, Legal and Compliance and Line of Business or Segment leaders. The position reports to the SVP, Head of Finance Operations.
What You Will Do:
- Lead certain areas of the annual ICFR Program risk assessment and scoping process including monitoring significant changes and evaluating and reporting identified control deficiencies.
- Partner with the Business to support the remediation of significant deficiencies and material control weaknesses and external auditors in the public company readiness assessments.
- Engage with internal and external auditors in the execution of their work, to promote efficiencies through increased reliance on internal controls.
- Develop ICFR Program communications for key stakeholders.