Full Time Opportunity General Description Advanced knowledge of internal controls over financial reporting, SOX, control environment and U.S. GAAP. Ability to identify and analyze issues associated with control deficiencies and provide solutions for remediation. Ability to coordinate meetings with business units as well as auditors to discuss findings and remediation plans. Bring solutions for discussion with SOX Manager and Assistant Comptroller.
Essential Duties and Responsibilities
:SOX 302 Quarterly Disclosures: Coordinate and review the process owner's SOX 302 / 404 Disclosures for Banco Popular de Puerto Rico for completeness and identification of deficiencies and corrective actions prior to the Press Release and 10Q/10K filings of Popular.
:Control deficiencies: Evaluate deficiencies reported by the auditors or as self:assessments, monitor management's implementation of corrective actions and sustainability to ensure timely remediation.
:Annual Scoping Analysis: Assist in the annual SOX 404 financial statement mapping, risk assessment and scoping process identifying significant locations, business units, transaction cycles and critical processes and accounts ensuring an adequate scope and testing of the Company's financial statements based on criteria defined each calendar period.
:System and Procedure Changes: Analyses any system and procedure changes that may affect the Corporation's financial reporting information, and incorporates that knowledge to the SOX 404 documentation and planning of the SOX audit.
:SOX 404 Documentation: Manage the coordination of management's SOX 404 process controls documentation updates and review process controls to ensure adequate design and identification of "key" controls for assigned critical processes/accounts.
:Vendor management: Liaise with the business units in the vendor qualification process; determine if the vendor impacts internal control over financial reporting, and if the service meets the definition of an outsourced service. Identify outsourcings services that require a SOC 1 report from the vendor, and assess the report in collaboration with the hiring unit prior to hiring to ascertain that it covers the services to be provided to Popular. Provide guidance to the business units on vendor management and internal controls requirements.
:Support business units: Serve as liaison with business units, including our technology management division, which require the support, guidance and ongoing involvement from the SOX team within the organization. Coordinate meetings, follow up on action items and serve as a consultant on internal control inquiries from the different business units. These includes interaction with the U.S. operations and ability to travel to attend these needs.
:Special and ad hoc projects: Be abreast of changes in the industry or within the organization which may require changes to the SOX objectives and documentation. These include new accounting pronouncements, new product launches, and implementation of new applications, among others. Assist in ad hoc projects of the Division, as required.
:Business Continuity: Support BPPR Comptroller Division in the establishment and documentation of business continuity plans, and business impact analysis, of the Division. Lead, in coordination with the Operational Risk Department and Technology Management Division, the testing of recovery strategies for critical business applications used by the Division.
:Risk Control Self:Assessments: In coordination with the Operational Risk Department, identify and evaluate possible risks within BPPR Comptroller Division that could affect the achievement of Populars objectives.
:Regulatory Change Management Program: Liaison with the Legal Division for the oversight of regulatory changes for Corporate Comptroller Division and BPPR Comptroller Division. Topics in scope: Taxes, FRB
