Description
Position Summary
Provide overall management and direction concerning Sarbanes-Oxley compliance. Lead company personnel in understanding and complying with the requirements associated with internal controls over financial reporting. Manage the Governance Risk and Compliance for the suite of SAP applications. Support the CFO organization with various ad hoc projects.
Essential Responsibilities
- Maintain and update Sarbanes-Oxley related design and risk assessment with control activities and significant business processes for company and its subsidiaries who are SEC registrants.
- Plan and perform testing and assessments of controls as necessary to ensure compliance with the Sarbanes-Oxley Act (302, 404, 906). Oversee communication of results of control assessments to various levels of management (executives, audit committee, etc.). Responsible for risk/impact assessment of issues identified. When deficiencies or issues are noted, coordinate, assemble or propose recommendations for control improvements/remediation, and facilitate implementation with the business process owners.
- Support the Governance, Risk and Compliance (GRC) associated with the suite of SAP applications/databases, includes assessment of risk and identification of risk mitigation activities for entitlement changes within roles. Coordinate technical changes to manage risk, which may include the involvement of third parties. Execute on key control activities within the tool.
- Manage the Financial Controls and Reporting team. Develop the team's capabilities by providing technical guidance, training, and on-the-job coaching. Ensure an effective team is in place. Is responsible for hiring/termination of employment, performance management, administering cyclical processes for the team (i.e., base pay cycle, talent reviews, etc.)
- Collaborate with project teams deploying SOX technologies (implementations and/or system updates) to assess and mitigate risk. Responsible for the administration and maintenance of any automated tool used to support company compliance with Sarbanes-Oxley requirements (Archer).
- Serve as a liaison for Business Systems, Accounting, and other business areas to ensure the Sarbanes-Oxley documentation is maintained accurately and changes are made in a timely manner. Educate each area's Sarbanes-Oxley representative and provide input into area training. Manage the external auditor relationship for the Sarbanes-Oxley attestation.
Minimum Requirements
- Bachelor's degree in accounting, finance, or related degree required. Advanced degree desired.
- MBA and/or CPA preferred.
- Minimum of 7 years of Sarbanes Oxley compliance management and/or auditing experience.Note: Candidates with a Master's degree or certification such as CPA, CMA, CFA, etc. or investment banking or public accounting background may be granted years of experience to reach the 7-year minimum. Prior supervisory experience preferred.
- Solid demonstrated working knowledge of GAAP, SEC, FERC, DOL & ERSIA accounting.
- Extensive experience with IT and/or systems related controls (such as SAP) preferred.
- Strong written and verbal communication skills required (will present quarterly to CFO and CEO).
- Demonstrated ability to resolve complex control issues as well as accounting and financial reporting items.
- Strong organizational and documentational skills with ability to handle multiple deadlines with tight schedules.
Contact
Xcel Energy, Inc.
414 Nicollet Mall
Minneapolis
Minnesota United States
www.xcelenergy.com
From the same organization
2 May, 2024
22 May, 2024
2 May, 2024
