Lead Internal Control over Financial Reporting Analyst

To lead and act as a subject matter expert in providing internal control guidance, evaluate control effectiveness, and recommend improvements to control-related practices commensurate of a mature Internal Controls over Financial Reporting (ICFR) program, ensuring compliance with regulatory rules under NCUA, GSE servicing requirements and Generally Accepted Accounting Principles (GAAP). Work closely with Leadership and other  ICFR Analysts and  key business partners to understand high risk processes, financial statement risks, and key controls to reduce the risk of financial misstatement. Oversee and assist in gathering data, creating reports, documenting and assessing Internal Controls over Financial Reporting (ICFR), and executing control assessments (design and operating effectiveness). 

• Execute multiple aspects of the Internal Controls over Financial Reporting (ICFR) governance program 
• Lead multi-disciplinary control initiatives to evaluate controls and ultimately transform any control gaps into mature control environments 
• Lead the evaluation of the operational performance of existing controls and devise remediation strategies that align control performance with the appropriate risk mitigation methodology
• Partner with external and internal auditors; establish audit scope, evidence, priorities, and testing procedures that will serve as the foundation for the subsequent audit execution strategy 
• Lead activities to design, develop, and implement Key Control Matrices (KCMs) and flowcharts that summarize a broad range of business processes into a control-centric and executive-ready audit deliverable 
• Create and recommend  remediation plans for existing ICFR related Information Technology General Controls (ITGCs) to address control gaps in design effectiveness, where applicable
• Annually validate and update controls documentation (e.g., process narratives, process models / flowcharts, and Key Control Matrices(KCMs)) to ensure accuracy and completeness 
• Identify industry best practices associated with risk management and develop subordinate qualitative and quantitative methodologies needed to address those risks using effective controls
• Produce detailed timelines and milestones for control-related project management that enables external tracking and status reporting
• Review results from control assessments and communicate/escalate critical issues to leadership and identify upstream and downstream impacts
• Manage ICFR activities effectively using the GRC Tool
• Lead, guide and mentor junior staff
• Solve the most complex control-related business problems by defining the problem, interviewing stakeholders, identifying and evaluating alternatives, and presenting findings 
• Prepare and review comprehensive technical accounting memorandums, providing clear documentation for audit and compliance purposes
• Perform other duties as assigned

• Bachelor’s degree in Accounting, or related field, or the equivalent combination of experience,  education and training
• Significant experience with Internal Controls over Financial Reporting (ICFR)
• Advanced knowledge of Sarbanes Oxley (SOX) including COSO, GAAP principles, financial statement preparation, and internal accounting controls
• Significant experience designing and re-designing processes as well as identifying control gaps to be consistent with a mature ICFR program
• Significant experience with extracting and documenting business process controls and information technology application and general controls(e.g., access controls list, change controls, segregation of duties, etc.)
• Advanced skills presenting to all levels of stakeholders (including Leadership) across various departments
• Extensive experience in problem resolution including determining root cause, scope and scale of issues
• Significant experience in leading large projects/initiatives which have business risk and impact
• Extensive experience that demonstrates theability to research, compile, and document data, business processes, and workflow
• Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely
• Advanced skill in writing technical accounting memorandums
• Experience working with risk management functions, internal and external auditors, legal, regulatory compliance and policy as it relates to business processes and controls
• Advanced communication and collaboration skills as a liaison with business partners 

Desired Qualifications 

• Advanced knowledge of Navy Federal’s functions, philosophy, operations and organizational objectives
• Financial industry experience and knolwe
• Certified Public Accountant (CPA) designation
• Certified Internal Auditor (CIA