Director, Global Internal Controls COE, Americas

Date Posted:

2024-07-15

Country:

United States of America

Location:

OT553: Otis NHQ - Oakbrook Center 11760 US Highway 1 Suite W600, Palm Beach Gardens, FL, 33408 USA

Business Internal Controls

The Internal Controller will work in the Americas Control Team whose goal will be to ensure the organization's objectives in implementing a strong control environment to mitigate potential risks to the organization and compliance with laws, regulations and policies. The scope of the role will include Americas and WHQ CoE functions. In particular they will be in charge of the following activities:

CONTROLS

• Complete ACA for different control environments
• Management of SOX requirements. (Gap assessments, Testing, Checklist completion, Segregation of duty and User access reviews, Account reconciliations status, etc.)
• Resolution of SOX tickets
• Strengthen the control environment & review new systems (e.g. JDE)
• Lean processes improvements to enhance controls and standardization.
• 302 reporting process owner.
• Support Internal Audit & local control environments.
• Support Statutory audits (organization, fees approval, analysis of complex areas, etc.)
• Participate in Ethics investigations with financial impacts.
• Identify and lead projects (e.g., efficiency and improvement initiatives)
• Execute centralized testing on approval matrix, drafts, expense reports, purchasing cards (NAA only)

TALENT

• Training/education/support of Otis reporting requirements, accounting treatments, policies, and controls for all levels & departments in MG.
• Coach and lead controls team and support branch & subsidiaries audit process
• Drive team development and set strategy for Market Groups
• Support Guest Auditor program

FINANCIAL REPORTING

• Responsible for Stat2GAAP
• Owner of approval matrix and support workflows. Approve transactions according to the matrix.
• Otis policy compliance (development, compliance, training, deviation & Implementation, including  Joint Venture reporting, embedded FX)
• Technical accounting (White papers, policy development, guidance, transactions)
• Review of Profit/Loss and Balance Sheet. Review of reserves and accounting matters. Compliance with accounting rules.
• Submit and review One timers, Policy deviations, and PSJ
• Owner of Major Contract Financial reviews
• Support Finance and Business leaders

The ideal candidate has the following skills and experience:

• Economics or Business degree required, MBA or Master of Accounting preferred
• Fluent English knowledge
• Strong knowledge of US GAAP and/or IFRS and SOX/ACA
• Strong background in auditing, financial control, accounting, analysis and reporting
• 5+ years of total accounting/finance professional experience in a large accounting firm or  in a multinational company in a similar role will be a plus
• Ability to work, take ownership, and succeed in a rapidly changing environment
• Excellent communication and interpersonal skills
• Ability to build strong relationship across the Company, work collaboratively with remote teams of finance staff
• Pace, autonomy, strong organization and interpersonal skills to work collaboratively

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day. 

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio.  

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of i