AVP, SOX Testing Lead

Job Description:

Role Summary/Purpose:

This position reports to the VP, Senior SOX Testing Manager.  The role is responsible for design and operating effectiveness testing of controls for the Sarbanes-Oxley (SOX) program within Internal Audit. The scope of work will primarily be focused on financial reporting controls for SOX and to support the external audit of Synchrony's financial statements.

We’re proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

Essential Responsibilities:

• Execute control testing and project assignments individually and as part of a team.

• Conduct and document detailed process and control walkthroughs with management, including the verification or identification of processes, risks and controls.

• Apply audit sampling and testing techniques in line with industry and departmental standards.

• Develop and conduct tests of design and effectiveness for in-scope controls.

• Clearly document work performed, results, and conclusions.

• Determine whether controls in scope for testing support key SOX objectives and expectations on risk mitigation

• Utilize tools such as Excel and data analytics packages (SAS) to effectively and efficiently execute control tests.

• Identify control gaps or control deficiencies and assess the root cause of issues and potential impact.

• Maintain internal audit competency through ongoing professional development including actively pursuing internal audit certifications.

• Create and sustain working relationships with business contacts.

• Perform other duties and/or special projects as assigned.

Qualifications/Requirements:

• Bachelor's degree in finance, accounting, business or equivalent related field or in lieu of a degree, 7+ years in audit, financial control, or control testing.

• Minimum experience of 4+ years in audit, financial control, or control testing.

• Must be able to work from one of Synchrony's hub locations.

Desired Characteristics:

• Currently holds, or is actively pursuing CPA, CIA, CISA, CFE or other relevant professional designation/association.

• Demonstrated ability to execute design and tests of effectiveness over internal controls with efficiency and accuracy within deadlines.

• Knowledge and experience of US GAAP, SEC, and SOX reporting requirements and processes.

• Demonstrate verbal and written ability to articulate the business objectives, business risk, processes, and controls.

• Demonstrate emerging knowledge of Regulatory expectations and finance principles.

• Ability to effectively integrate business, operational, compliance, technological, and financial components into audit work performed.

• Ability to objectively identify problems and recommend solutions to complex control, financial, or technical issues.

• Understands relevant business technologies and their impact to the control environment.

• Strong written and verbal communication skills.

• Prior auditing or SOX testing experience is strongly preferred.

• Ability to flowchart business processes.

• Strong analytical, risk management, and problem solving skills.

• Strong PC and Data Analytic Skills - MS Office suite, Visio, SAS.

Grade/Level: 10

The salary range for this position is 75,000.00 - 130,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

Eligibility Requirements:

• You must be 18 years or older

• You must have a high school diploma or equivalent

• You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process

• You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

• New hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles.  Once this new hire time in position requirement is met