AVP, Audit Manager – Finance, Platforms and SOX

Job Description:

Role Title: AVP, Audit Manager – Finance, Platforms and SOX (L10)

Company Overview:

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India's Best Companies to Work for by Great Place to Work. We were among the Top 50 India's Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.

• We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.

• We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles.

Organizational Overview:
Synchrony's Internal Audit function serves as an independent and objective function aimed at enhancing the organization's governance, risk management, and controls. Internal Audit's purpose-driven work adds value to the company by safeguarding a controlled foundation in support of agile and innovative company growth; performing risk-based audit activities designed to identify worthwhile and impactful insights.

Role Summary/Purpose:

This position reports to the VP, Sr Audit Manager – Finance and Supplier. As a member of the Synchrony Internal Audit Department, the AVP, Audit Manager – Finance, Platforms, & SOX will be responsible for executing the audit plan covering Synchrony's (SYF) Finance and Sales Platform functions and conducting SOX testing to evaluate the design and operating effectiveness of key financial controls in compliance with Sarbanes-Oxley requirements. Audit engagement responsibilities include performing testing to support an assessment and conclusion over the design and effectiveness of SYF's control environment, validating corrective actions, and ensuring SOX compliance across relevant processes.

We're proud to offer you choice and flexibility. Living within a commutable distance from one of our offices, you will have the option to be remote, and work from home, or to work from the office. You may be occasionally requested to commute to our nearest office for in-person engagement activities such as team meetings, training, and culture events.

Key Responsibilities:

• With oversight and guidance from the Senior Audit Manager, participate in assigned audit activities that could be in areas related to Finance, Accounting, Treasury, Capital, or Sales Platforms

• Execute SOX control testing, producing high quality deliverables according to departmental and professional standards ensuring testing is completed timely and within budget 

• Identify control gaps or control deficiencies and assess the root cause of issues and potential impact

• Draft and execute audit test procedures with oversight and guidance from the Senior Audit Manager

• Document clear audit work papers that succinctly articulate purpose, scope, procedures, and conclusions of test work performed

• With support from the Senior Audit Manager, present testing results to Internal Audit leadership, as well as the business organization

• Assist with preparing draft audit deliverables, such as planning documentation, audit issues, and audit reports

• Help ensure audits, including SOX testing, conform with professional and departmental standards, budgets, and timelines

• Maintain internal audit competency through ongoing professional development

• Maintain understanding of current and emerging risks within the subject area

• Track timelines on assigned issues for completion by the business as well as timelines for executing validation procedures to help ensure issues are appropriately addressed

• Coordinate testing plans with external auditors, SOX Testing teams, and Second Line of Defense functions

• Build and maintain strong working relationships with key stakeholders

• Perform other duties and/or special projects as assigned

Required Skills/Knowledge:

• Bachelor's degree in finance, accounting, business or equivalent related field with minimum experience of 4+ years in audit, financial control, or control testing; or in lieu of a degree, 6+ years in audit, financial control, or control testing.

• Knowledge and experience of US GAAP, SEC, and SOX reporting requirements and processes

• Demonstrate verbal and written ability to articulate the business objectives, business risk, processes, and controls

• You currently hold, or are actively pursuing a CPA, CIA, or other relevant professional designation/association

• Must be willing to travel up to 20% of the time

Desired Skills/Knowledge:

• Minimum years combined internal audit, public accounting, regulatory (e.g., FRB, OCC, FDIC) or relevant banking industry experience

• Strong PC Skills – MS Office suite

• Familiarity with data mining and analytics (ACL, SAS, Python, Tableau) is a plus

Eligibility Criteria:

Bachelor's degree in finance, accounting, business or equivalent related field with minimum experience of 4+ years in audit, financial control, or control testing; or in lieu of a degree, 6+ years in audit, financial control, or control testing.

Work Timings:This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details. 

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying

• Inform your manager and HRM before applying for any role on Workday

• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is mandatory to upload your updated resume (Word or PDF format)

• Must not be any corrective action plan (First Formal/Final Formal, LPP)

• L8+ Employees who have completed 18 months in the organization and 12 months in current role and level are only eligible.

• L08+ Employees can apply

Level/Grade: 10

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