EY Senior Process & Controls Financial Services 

India, Karnataka, Bengaluru 

35708685

across industry sectors, including financial services, manufacturing and technology, among others. Throughrequirements.

As an SOX professional, the individual should be a qualified CA/CPA/ACCA/MBA withextensive

experience in IFC and a firm grasp of the SOX audit processes and methodology. The individual gets

The incumbent will work for top global clients across a wide variety of markets and industry sectors including life insurance, health and Property & Casualty insurance thus experience of working with clients in either the financial services or more specifically Insurance industries is preferred.

In this role, you will be responsible for team handling on large projects encompassing the entire gamutof SOX from conceptualization to crafting to implementation of the entire SOX programdocumentation and control testing, evaluating internal controls, reliability of financialreporting,compliance with applicable laws and regulations and effectiveness and efficiency ofoperationsincluding cost management. This should be a SOX framework implementer role.

• You'll work as part of a team of problem solvers, helping to solve complex business issues from strategy

to execution. Your responsibility for this role includes but are not limited to:

• Responsible for execution of SOX, IFC Designing, walkthrough & Implementation, Business Process Review,

for Insurance sector clients. To Perform riskassessment procedures, including identification of significant accounts & classes of transactions, mappinginternal audit/SOX audit plan.

• Prepare SOX documentation such as process flowcharts, process narratives and risk and controls matrix.

• Design attributes, perform test of design and operating effectiveness of control so suggest improvements
  in the process by assessing risks and controls related to business imperatives, identify gaps, and assist inremediation.
• Plan, implement, coordinate, and execute all phases of SOX compliance, (to include leading walkthroughs
  and identifying/validating key controls, developing test procedures, executing, and documenting testing,and reporting results to Management). To Ensure clear, concise, actionable, and practical observations andrecommendations, with a well-documented process for communication and resolution with clients on SOXdeficiencies observed. Understand client(s) requirements, respond promptly to client requestsandenquiries, and consistently meet client needs
• Supporting onshore/client with reporting and accounting requirement related to Insurance sector
• Support Managers/Senior Managers in the process of preparing audit plans, audit program, testing and

reports Work with existing processes/systems whilst making constructive suggestions for improvements.

• Demonstrate critical thinking and the ability to bring order to unstructured problems. Able to read

situations and modify behaviour to build quality relationships. Responsible for quality and timeliness of

To qualify, candidates must have:

• Chartered Accountant (CA), CPA (US) or ACCA (UK) with 3+ years of experience with a large Global

Corporate Process, Risk and Control department and/or similar experience inInsurance sector

• MBA degree is a plus
• 2 to 7 years of relevant experience in SOX/IFC Designing & Implementation (preferably from the

Risk Advisory practice of a Big 4 or reputed Consulting firms, else exposure to SOX in Industry
will also do)

Experience of working in a consulting role specifically in insurance sector in leading large SOX programs along with Insurance reporting and accounting with demonstrable experience

• Experience in conducting risk assessment procedures pertaining to financial reporting, process

solid understanding on PCAOB requirements and COSO framework

• Should be process oriented and have strong analytical skills Should understand financial
  statements under Indian/US GAAP Have knowledge and understanding of SOX Framework
• Should possess excellent communication and report writing skills Capability of dealing with big

E

the member firms of Ernst & Young Global Limited, each of which is a

All Rights Reserved.

ED None

This material has been prepared for general informational purposes only and is not intendedto be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.