Senior Business Analyst SOX

3 weeks ago


Hyderabad, Telangana, India OppenheimerFunds Distributor, Inc Full time

About the Role

We are seeking a Senior Analyst SOX to join our team. The successful candidate will be responsible for performing walkthroughs to gain an in-depth understanding of business and finance processes to assess the effectiveness of the processes and controls.

Key Responsibilities

  • Revision of Risk control matrix (RCM), Process flow diagrams (PFD) according to design assessments and current practices adopted by the Finance teams.
  • Performing impact analyses for identified deficiencies and formulating recommendations to mitigate the deficiencies thereby improving the control environment.
  • Partnering with various stakeholders in standardization, ensuring consistent methodologies, policies and alignment of resources with respect to audits and controls.
  • Coordinating and liaison with team of statutory auditors for SOX testing.
  • Fair understanding of SOC 1 reports and Entity level controls [ELCs].
  • Working with the management on research and identification of emerging industry risks for comprehensive SOX scoping.
  • Identifies continuous improvement opportunities and escalates to the Manager.
  • Documents desktop procedures and ensures procedures are continuously updated to reflect current practices and policies.
  • Delivers work product in accordance with Service Level Agreements (SLA's).
  • Participates in special projects under the direction of the Director of GBS Hyderabad or SOX Management.

Requirements

  • Knowledge and understanding of SOX framework and risk management practices; understanding of internal control elements; strong problem solving and analytical skills; good interpersonal skills; ability to manage deliverables; good written and oral communication skills; highly organized; ability to meet strict deadlines; excellent customer service skills; ability to plan, assign, and direct work; ability to multi-task; Good PC skills, including word, excel, Visio.
  • 2 to 3 years of experience in Audit engagements, specifically in the SOX process; Experience with accounting and financial systems, preferably Oracle and BWise.

About Us

We are a leading global investment management firm with over $1 trillion in assets under management. We are committed to diversity and inclusion and offer a range of benefits to our employees, including competitive compensation, flexible work arrangements, and opportunities for career development.



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