US Director, SOx Compliance

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry.

To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

About the Role

Reporting to the Head of Audit – Information Systems and Digital, the UK Senior Manager/US Director of SOx Compliance and Audit is responsible for the testing of the Company’s SOx compliance efforts and managing the audit process for a portfolio of internal audits. This role will be responsible for both Business and IS SOx Compliance, working closely with Risk Compliance and Controls and External Audit, and supervise co-source efforts supporting SOx testing. This role will be supported a number of Managers, who are responsible for Business and IS SOx Compliance. This role will also manage the audit process for business reviews in the UK and US and work collaboratively with the Heads of Audit and peers to deliver the established mandate, governance and corporate responsibilities ensuring strategic alignment of the Corporate Audit function with Audit and Risk Committee expectations.

Critical areas of focus:

• Is responsible for both Business and IS SOx Compliance testing.
• Identifying and promoting efficiencies in SOx compliance (offshoring, control rationalization, testing approach).
• Coordination with Risk Compliance and Controls and External Audit.
• Communicate significant issues withing the Audit group and appropriate SOx stakeholders.
• Innovative mindset to support the modernization of the SOx program by driving change with key stakeholders.
• Identifies opportunities to enhance the SOx program, by adding value and driving efficiencies to reduce the overall cost of compliance.
• Managing the audit process for a portfolio of internal audits, with a focus on agility and innovation for value adding and timely delivery.
• Effectively supervising the daily work activities of Senior Auditors and Auditors.

What You'll Do

• Business and IS SOx testing completion:
  • Oversee Managers, SOx Analysts, and co-source providers to validate internal controls over financial reporting are identified and tested appropriately for design and operating effectiveness.
  • Support evaluation and communication of business control deficiencies within the organization.
  • Validate resources are appropriately determined and staffed for each SOx audit.
• Coordination with Risk Compliance and Controls and External Audit:
  • Align overall testing strategy fits requirements of both groups to promote efficiencies.
  • Report on testing progress with a focus on key deficiencies identified.
  • Identification of improvement opportunities and coordination with key stakeholders (e.g., Risk & Compliance, control owners) to implement change.
• SOx operational excellence:
  • Evaluate how testing efforts can be optimized through use of offshore resources and co-source, innovative testing approaches, control rationalization, or better partnering to reduce SOx testing level of effort.
  • Provide suggestions and implement changes to optimize SOx testing efforts.

• Internal Audit execution:
• Manage and coordinate the execution of audits across the businesses, ensuring that audit testing plan is properly focused on delivering value to the business, and are consistently delivered to a high-quality standard and on schedule.
• Conduct second-level reviews of audit plans, workpapers, and reports, ensuring accurate and independent assurance and reporting to the highest professional and ethical standards in line with International Internal Auditing Standards. 
• Support audit teams by clearly defining the objectives and scope of each review, employing critical thinking and appropriate testing methodologies, and sharing detailed findings and recommendations to mitigate risk.
• Supervise the daily work activities of Senior Auditors and Auditors, and mentor, coach, and teach as needed.
• Develop and maintain strong relationships with the Business Unit executives to identify and understand business