Controls Analyst Job Description
Controls analyst
provides project controls support related to the integration, control and management of projects; specifically project planning and scheduling, progress management and risk management.
Controls Analyst Duties & Responsibilities
To write an effective controls analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included controls analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist Internal Audit, Operational Risk Management, SOX and Finance Governance & Controls Reporting team on issues of mutual interest
Perform daily, weekly and monthly reconciliations for customer equity, financial settlement control accounts and many other control accounts
Monitor General Ledger mappings for automated entries for data feeds from multiple internal systems
Identify, research and resolve differences between actual and expected financial settlements, including FX, dividends, corporate actions
Perform ad-hoc Reporting and Analysis, special projects
Doing whatever is necessary to move a dynamic, fast growing business forward
Perform controls testing efforts related to SAP and other key applications for
Develop good understanding of end-to-end process, risk & controls framework to determine effectiveness of controls design to Identify and escalate potential issues
Keep up to date with IT knowledge and developments in the industry in order to ensure the optimization of best practice
Perform controls testing within US standards, working within SOX scope
Controls Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Controls Analyst
List any licenses or certifications required by the position: CISA, CISSP, CRISC, CIA, CPA, PMP, CISM, SOX, CMA, FACT
Education for Controls Analyst
Typically a job would require a certain level of education.
Employers hiring for the controls analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Business, Finance, Engineering, Construction Management, Education, Technical, Business/Administration, Management, Communication
Skills for Controls Analyst
Desired skills for controls analyst include:
Excel
Scope control and change management
Operational risk management
Accounting principles
Word
Risk assessment and scenario analysis methodologies
Geometry
Mathematics - for example algebra
PGE work scheduling and management - as needed to perform at the job level
Project management tools - for example Primavera
Desired experience for controls analyst includes:
Deliver high quality testing documentation on schedule, within budgeted time
Actively support CET projects, providing data analysis and recommendations for process improvement opportunities
Keep up to date with accounting principle developments and regulatory accounting developments in order to ensure the optimization of best practice for
Assist with writing control policies, standards and guidelines in conjunction with the global team
Assist with implementation of best practice processes
Help develop the relationship with other Finance areas to ensure a coordinated approach to control initiatives
Controls Analyst Examples
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Controls Analyst Job Description
Job Description Example
Our growing company is looking for a controls analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for controls analyst
- Write and review test scripts against standard controls and policies
- Perform testing, including conducting planning meetings, sourcing evidence and documenting results
- Assist with deep dive reviews of control risks and incidents identified by line functions
- Participate in the IT development of various control related technology platforms, helping in shaping strategic development where necessary
- Executing Model Payroll Process for the region
- Performing control function for U.S. payroll with third party payroll vendor
- Performing ad hoc reporting for internal distribution to Human Resources, Tax, Compensation
- Provide insight and recommendations for process improvements
- Support team projects, providing data analysis and recommendations for process improvement opportunities
- Participate in achieving goals and metrics of Controls Excellence
Qualifications for controls analyst
- Support a collaborative team working environment
- Keep up-to-date with accounting principle developments and regulatory accounting developments
- Support WCOB Controls with tracking and reporting of key control activities (e.g., RCSA, audits, regulatory exams)
- Perform controls testing within the company's standards, working within SOX scope
- Keep up to date with accounting principle developments and regulatory accounting developments in order to ensure the optimization of best practice for the company
- Close coordination with CAD on the Coca-Cola North America and GFO NA audits
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Controls Analyst Job Description
Job Description Example
Our growing company is hiring for a controls analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for controls analyst
- Perform controls testing within company standards, working within SOX scope
- Proactively support a collaborative team working environment and focus on the design of new and improved processes
- Perform controls testing within US NG standards, working within SOX scope
- Develop a good understanding of end-to-end process, risk & controls framework to determine effectiveness of controls design
- Perform controls testing and working within SOX scope
- Assist Controls Compliance team with change processes for software upgrades that impacts end-user
- Participate in implementation of future phase rollouts of Bw
- Advise process owners in the development, update, publication and interpretation of practices, guidelines and functional standards
- If and where needed, consult with peers in other affiliates for benchmarking purposes
- Execution of PMI Internal Controls and Compliance programs related to Sarbanes Oxley (SOX), Governance Reporting, SAP access validation, records management and fiscal compliance
Qualifications for controls analyst
- Perform controls testing within US standards
- Supporting all the OSC stakeholders for the 52-109 certification process (from analyst to VPs)
- Analyzing and reviewing the internal control gaps for all sites
- Monitoring, managing and communicating on a quarterly basis the business process owner database and performing the required follow-ups
- Monitoring, managing and summarizing on a quarterly basis the certifier database (VP-level) and performing the required follow-ups
- Supporting the compliance activities for business segments
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Controls Analyst Job Description
Job Description Example
Our growing company is hiring for a controls analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for controls analyst
- Prepare Sarbanes Oxley documentation, perform testing and follow-up
- Prepare quarterly reporting in compliance with PMI Principles and Practices requirements
- Provide appropriate level of cooperation to internal (Corporate Audit) and external auditors in the execution of their audits / reviews
- Support consistency and efficiency among sales partners in their application of their Delegated Lending Authorities
- Identify opportunities for enhancements to existing credit policy guidelines and take action accordingly
- Use credit knowledge to uncover areas of concern/risk trending and work to close gaps and avoid further risk
- Take ownership to resolve complex issues at the first point of contact
- Assist the Senior Manager, the Manager, and the teams demonstrate a long-term perspective in balancing credit risk mitigation and client experience components
- Follow coaching routines and activities to drive high performance and enhance the client experience
- Collaborates with process owners to build knowledge of risks and controls
Qualifications for controls analyst
- Expert proficiency utilizing MS Office Suite (including Visio)
- Chartered Accountant CA (SA), or CIMA, or ACCA
- Participating in preparing and performing the annual scoping exercise to determine which processes to test
- Collaborating in the documentation of business processes
- Preparing control matrix templates and walkthrough plans
- Planning audit sessions with the resources responsible for the business process
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Controls Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of controls analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for controls analyst
- Assist Manager/Senior to serve as liaison/business partner to the business in support of their needs to design or remediate controls – this will include effectively interacting with Senior Management, other key managers, and the external auditor
- Internal Control Testing - Performs annual testing of our key internal controls for all business units
- Identification of Risks - Assists in the identification of financial risks to the Company as they relate to the implementation of financial systems
- Support application remediation efforts to close gaps in controls and work with Technology counterparts to proactively design, incorporate new controls as applicable
- Document and maintain risk control matrices and other applicable deliverables
- Partner with Internal Audit, and auditors to support relevant audits and associated follow-ups
- Plan, design, write, edit, proofread, and finalize documents for technical manuals and written specifications
- Interface with technical professionals in the definition, editing, and publication of various types of documents including but not limited to specifications, manuals, and system technical documents
- Assist in the development of supporting materials
- Track and monitor flow of all documents from inception to distribution of final copies and also manage any and all revisions
Qualifications for controls analyst
- Related experience working at a public accounting firm or with internal controls and governance within an Investment Bank, Broker Dealer, or a product controller
- Build and manage the sub-functions intellectual property and create the internal tool for sharing the information
- MBA or professional certification (i.e, Certified Public Accountant)
- Gathering evidence of the existence and operation of the internal controls
- Reconciling and consolidating testing evidence
- Identifying and assessing internal control gaps in order to understand the impacts on the financial statements and partnering with the business units to help them close these gaps and by putting adequate controls in place
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Controls Analyst Job Description
Job Description Example
Our company is looking to fill the role of controls analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for controls analyst
- Ensure and support appropriate risk assessment across all major BIZ processes (incl
- Close work with Internal Controls team members across all sites functional business owner (FBOs) to align on appropriate risk mitigations and control executions
- Ensure appropriate documentation of all risks, control standards and controls
- Perform re-test and/or audit cycles on all identified BIZ risks to assess control design & implementation (D&I) operating effectiveness
- Support coordination of global and regional audits (PBCs, meeting schedule and attendance, follow-up, remediation, status reporting)
- Perform occasional site-visits to international and domestic locations
- Raise potential risk of control breaks to the Internal Controls Manager
- Ensure completeness of the SOX Compliance documentation within the Company’s tool
- Report and coordinate with IT department for system issues, maintenance and development
- Work closely with Logistics, Distribution Center Operations, and Store Operations to ensure proper control over inventory throughout the organization
Qualifications for controls analyst
- Managing the control failures database by updating information and preparing quarterly governance reports
- Supervising the OSC compliance activities of other analysts in the business segments
- Performing quality assurance activities to ensure the OSC testing methodology is being followed by permanent resources
- Providing training sessions on the methodology and tools
- Supervising the OSC compliance activities of other testers in the business segments (monitor progress of work and communicate key performance indicators on a monthly basis)
- Hold a Bachelor’s degree in accounting and have a CPA designation with audit experience