Team Lead- SOX Compliance

Location : Mohali 

City : Mohali 

State : Punjab (IN-PB) 

Country : India (IN) 

Requisition Number : 35979 

Business Title: Team Lead SOX compliance        
Reports to: Manager, Global SOX Compliance    
Global Function: Finance        
Global Department: Controlling  

         

Role Purpose Statement:
This position - Team Lead (TL) will conduct walk-throughs, controls testing, and related process documentation, as well as perform other tasks to support the Bunge SOX Compliance program and other initiatives in internal controls and process improvements, in collaboration with the Global/Regional SOX teams, partnering with BBS SOX Team Manager and with process/control owners across the organization. The TL will also support other initiatives around internal controls and process improvements. This job is based in Mohali, Punjab which is our Global Shared Service Center & the position reports to BBS SOX DGM - Bunge Business Services, Mohali

Main Accountabilities :
•    Responsible to support and facilitate the Bunge Global SOX Compliance Program and other related controls maturation initiatives from BBS, including:
•    Support audit centralization through common controls and continuous control monitoring methodologies
•    Assistance with annual SOX risk assessments and scoping etc., and related updates
•    Timely completion of SOX testing activities, including walk throughs and controls testing (design and operating effectiveness), and related documentation
•    Timely identification, validation, and communication of control deficiencies, as well as development of remediation plans in collaboration with the process/control owners and Global/Regional SOX teams, and
•    Self-check on the work completed to ensure highest quality of work delivered
•    Strive to achieve assigned tasks within budgeted timelines and alert the Manager/ DGM proactively, if required
•    Participate in continuous knowledge enhancement/ knowledge sharing sessions
•    Identify and document improvements in business process flow on a continual basis.
•    Support internal and external groups (Bunge Global/Regional teams, process/control owners and external auditors/advisors) on matters related to SOX and internal controls, under the direction of the BBS SOX Manager and Team Leads.
•    Support performance assessments and feedback sessions
•    Assist in selection of resources and role alignment of individuals

Impact/Dimensions:

•    Potential to impact control environment maturation at Bunge and directly contribute to the bottom line through cost efficiencies from controls rationalization, maturation and audit centralization efforts.

Key Performance Indicators (KPIs):

•    Successfully supporting the common controls migration within BBS and implementation of CCM program at Bunge.
•    Timely update of Key Controls for process/system changes with appropriate documentation in terms of ownership, objectives, test steps, etc.
•    Timely completion of management testing with minimal control deficiencies and a goal for no Significant Deficiencies
•    Minimize control deficiencies with a goal for No Significant Deficiencies
•    Timely implementation of remediation plans with a target of no repeat deficiencies and update to Senior management in terms of control performance and remedial action
•    Improving employee/team satisfaction and engagement which is reflected in the Annual Employee Satisfaction survey - minimum least favorable feedback in the critical categories of Employee Survey
•    Enhanced efficiency and effectiveness of testing process through use of technology (such as RPA, etc.)
•    Timely/quality completion and feedback and support for other initiatives
•    Engage with Regional Controllers/ Coordinators/ other stakeholders once every quarter or as required

Major Opportunities and Decisions :

•    Opportunities to operate in a global environment and improve control environment through leading practice control initiatives
•    Completion of SOX Testing as per timelines considering other priorities from the business (monthly/ quarterly closing, documentation availability, reporting, etc.)
•    Managing conflicting priorities – several other projects could be runnning simultaneously 
•    Maintaining global connect with all regions/ locations/ businesses

Management/Leadership:

•    Experienced and effective team player for a 2-3 member group. 
•    Anticipate and identify engagement related challenges, risks and escalate issues as appropriate