SOX Financial Controls Sr. Associate

Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
United States, Texas, Frisco
3333 Preston Rd (Show on map)
Jan 08, 2025
Information Production Controls Senior Associate The Enterprise Reporting Controls & Governance Group is responsible for Comerica's compliance with the provisions of Section 404 of The Sarbanes-Oxley Act of 2002 ("SOX"), and ultimately, providing certification that our internal control environment is operating effectively. The group reports administratively to the Chief Accounting Officer and works closely with key stakeholders across business units, corporate functions, technology, and the second and third lines of defense. The Information Production Controls Senior Associate is responsible for the oversight of data information utilized in internal controls over financial accounting and reporting, including data utilized in key models, critical spreadsheets, reports, and Microsoft Access Databases. The Information Production Controls Senior Associate will partner with various departments across the organization to ensure adequate controls governance is maintained for key financial data, models, spreadsheets, and Microsoft Access Databases. Position Responsibilities: Maintain the governance policy for critical spreadsheets, models, reports, and Microsoft Access Databases used in key SOX business processes. Document and maintain the inventory of authoritative data sources across the enterprise for key models, spreadsheets, and Microsoft Access Databases utilized in the performance of internal controls for financial reporting. Partner with Business Process Owners/Control Owners to document within significant in-scope processes (both process narratives and data flow diagrams). Partner with Financial Controls Senior Manager and ITGC Senior Manager on walkthroughs of significant processes, SOX scoping, identification of risks and controls as appropriate. Provide guidance to testing team and review control testing related activities pertaining to critical spreadsheets or reports used in the performance of internal controls. Review control deficiencies, including issue description, root cause, unmitigated impact, and remediation process corrective actions. Communicate findings identified through the testing process and address with related owners. Partner with business process owners to implement enhancement to existing processes or implement new functions to meet the new business and regulatory requirements. Job Specific Knowledge/Skills: Professional certifications including CPA, CIA, or CISA preferred Ability to assess the conceptual design and data controls of complex models, spreadsheets, and Microsoft Access Databases Experience with SQL and/or Power BI and Microsoft Access Databases Proficiency in Microsoft Office, including Access and VISIO Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment Excellent verbal, written and interpersonal communication skills Ability to take on a high-level responsibility, initiative, and accountability Qualifications: Bachelor's Degree OR 4 years of relevant experience 4 years of experience in risk management, IT and/or Financial Audits, SOX, or compliance 1 year of experience utilizing Microsoft Office applications Preferred CPA (Certified Public Accountant) Preferred CIA (Certified Internal Auditor) Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: 8:00am - 5:00pm Monday - Friday Salary: To Be Determined Based on Individual Experience About Comerica We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure. Upon offer, Comerica conducts a comprehensive background and fingerprint check. NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act. Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.