SOX Financial Controls Lead
The Enterprise 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.
Position Responsibilities:
- Partner with Business Process Owners/Control Owners to document significant in-scope processes (both process narratives and process flow diagrams).
- Perform walkthroughs of significant processes and ensure required COSO documentation is accurate and reflects relevant risk and key controls.
- Assists with the SOX scoping, identification of risks and controls, and the preparation of test plans.
- Review operating effectiveness testing for key controls and business processes.
- Assists process owners with the remediation of key control failures and evaluate root causes for the failure to improve the internal control environment.
- Manage team of control testers (internal and outsourced) ensuring quality documentation and testing standards.
- Independently document, evaluate, and communicate the results and conclusions of work performed in accordance with workpaper documentation standards.
- Support preparation of reports to Senior Management on the status of the program.
- Assist with facilitating group wide training to interested and impacted stakeholders to ensure compliance with the SOX program office policies/procedures and regulatory standards.
- Act as a change agent for continual improvement of the internal control environment.
- Assist in the review and improvement of SOX Program methodology and practices, including maintenance of policies and procedures.
Position Qualifications:
- Bachelor's Degree from an accredited university in Accounting and/or Finance
- 5 years of experience in public accounting or large company auditor leading SOX program support/execution
- CPA or CIA
- Strong interpersonal skills, with an emphasis on teamwork, collaboration, initiative, and integrity
- Detailed oriented and the ability to prioritize and deliver in a deadline-driven environment
- Prior experience managing a team consisting of internal and outsourced resources preferred
- Proficiency with Microsoft Office, VISIO; Workiva experience preferred.
- Strong verbal communication, written communication, and project management skills
- Ability to adapt and thrive in rapidly changing environment and manage multiple priorities on a deadline basis
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.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
Jan 08, 2025