SOX Audit Project Manager - Finance - Corporate Functions

At U.S. Bancorp India, we’re on a journey to do our best. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bancorp India gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at - all from Day One.

Job Description

Corporate Audit Services (CAS) is seeking a highly motivated candidate to join our growing team of internal audit professionals within the CAS GCC team. This position supports internal audit coverage across our Corporate Functions team specifically Finance. Finance includes Global Accounting and Operations, Corporate Finance, Tax, Business Area CFOs, Accounting, Business Line Controller Group, etc.

The CAS Audit Project Manager is primarily responsible for assisting for completing internal audit engagement assignments with minimal supervision from audit team management. The Audit Project Manager is expected to understand risk and risk management techniques, identify and analyze business processes, key risks and critical controls, and evaluate control design adequacy; perform or supervise control testing; and document work performed in conformance with internal audit policies and procedures. The ideal candidate has internal audit experience in the financial service industry of areas including Financial Reporting, Accounting, Tax, SOX, Regulatory Compliance, Risk Management, etc.

The primary focus of this role over the next 36 months includes completing annual key SOX financial statement control testing for internal audit and other audit support work specific to Finance. Internal audit performs SOX testing on behalf of management to ensure strong reliance by external auditors. The role may directly or indirectly lead team members.

Key accountabilities:

Performing or supervising staff auditors in the testing of controls based on audit program directions. Includes using appropriate sampling and control testing techniques; identifying and assessing the relevancy of possible issues; and documenting work performed to support audit scope/conclusions, to facilitate an efficient review, and to meet internal audit policies and procedures.

Drafting audit issues under the supervision of the audit team management. Includes drafting potential exposures and significance, identifying appropriate root causes, and developing recommendations that are operationally effective and cost-effective actions to address those causes.

Assisting the audit team management in the reporting and wrap-up phases of audits. Includes assisting with drafting audit reports.

Learning from and applying coaching received.

Work as a subject matter expert in a particular topic, helping drive strategy, and may support multiple audit engagements covering the related topics

Handle complex tasks autonomously and is able to influence business line understanding of risk mitigation

Performing other duties as requested by audit team management.

Assisting the audit team management in planning audit engagements. Includes understanding risk and risk management techniques; identifying and analyzing business processes, key risks, and critical controls; interviewing auditees; and evaluating control design adequacy.

Provide coaching and on-the-job training for team members to ensure engagements are completed in conformance with internal audit policies and procedures

Partner with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review or oversee an effective risk management framework.

Participate in projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations.

Identify gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems or human errors.

Identify, respond and/or escalate risks as appropriate

Basic Qualifications

Bachelor's degree, or equivalent work experience

Typically more than Seven years of applicable experience

Preferred Skills/Experience:

Relevant internal audit experience in the financial service industry of areas including Financial Reporting, Accounting, Tax, SOX, Regulatory Compliance, Risk Management

Strong analytical, process facilitation and project management skills

Effective presentation, interpersonal, written and verbal communication skills

Proficient computer navigation skills using a variety of software packages, including Microsoft

Thorough understanding of Institute of Internal Auditors (IIA) Standards and the common definition of internal controls.

CIA, CPA or other relevant professional designation or advanced degree.

Strong critical thinking and analytical skills.

Ability to manage multiple tasks and deadlines simultaneously.

Bachelor's Degree preferably in accounting or finance

Excellent verbal and written communication skills.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Posting may be closed earlier due to high volume of applicants.

This is an U.S. Bancorp India posting. U.S. Bancorp India is a part of the U.S. Bank family.