What are the responsibilities and job description for the SOX Team Lead position at Eastman?
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2022 revenues of approximately $10.6 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.
Join us and make a difference
We’re looking for a SOX Team Lead to join our Corporate Audit Services (CAS) team. CAS is responsible for coordinating, monitoring, and guiding financial reporting compliance-related activities for the Company, having particular regard for the requirements of the US Sarbanes Oxley (SOX) 2002 Act. The SOX Team Lead will work with a team of 2-3 SOX auditors and report to the Manager, Corporate Audit Services.
*** Kingsport, TN location preferred. Remote candidates also considered ***
How you will help us innovate to build a better world
Lead and coordinate efforts of the SOX internal audit team and engage with management and external auditors to ensure compliance with SOX 404 requirements- Complete annual scoping, risk assessment and planning activities for annual SOX process
- Provide oversight and coordination through annual walk throughs to update process documentation, review and update risk and control matrices, and assess control design
- Lead and direct SOX auditors in completion of control testing, including review of their work and oversight of deadlines and deliverables
- Substantiate conclusions with respect to control failures, assess the severity, and update the Summary of Aggregated Deficiencies listing
- Report testing results/failures to management and contribute to remediation action plans by providing feedback for best remediation practices
- Lead routine status meetings with external auditors and management
- Assist with preparing SOX status updates for Audit Committee meetings
- Evaluate issues from business process audits for ICFR impact
- Become proficient with the SOX module of AuditBoard and SAP
- Coordinate with external auditors to maximize reliance testing and audit execution efficiency
- Coordinate with global SOX control and process owners routinely to provide guidance and support
- Provide creative input and improvement opportunities that will drive greater effectiveness and efficiency in the SOX program
- Identify efficiency opportunities including the potential use of robotic process automation and other technologies
- Maintain knowledge of recent SEC/PCAOB and other regulatory announcements and industry content relevant to SOX and ensure that other staff members within the team are made aware of relevant developments
- Contribute toward departmental projects and initiatives
We would love to hear from people with
Strong understanding of US GAAP, SOX, SEC and PCAOB guidance for management’s assessment of ICFR- Working knowledge of business processes and internal control (Entity Level, Transaction Process and IT/ business risk frameworks (e.g., COSO, CobIT)
- Working knowledge of audit techniques and test approaches
Skills and Abilities
Solid interpersonal skills and ability to communicate at all levels of the company- Good communicator, both oral and written, and ability to flex communication styles is a plus to account for different backgrounds and cultures of key stakeholders
- Proactive and result oriented
- Project management skills
- Strong critical thinking and problem-solving skills
- Attention to detail – ensures that information is correctly processed and that the work complies with relevant internal/external guidance; checks work and corrects mistakes promptly
- Tolerance for uncertainty and ability to be agile and adaptable
- Proficient in Microsoft Office suite applications (Excel, Word, PowerPoint, and Outlook)
- Proficient with the SOX module of AuditBoard and SAP
Required Education and/or Experience
Bachelor’s Degree - Degree in Accounting, Finance, or related field
What will set you apart
Advanced Degree Preferred - MBA or MACC- Certification Preferred - CPA, CIA, CFE, COSO
- For external hires, 5 years of SOX or Big 4 public accounting experience is preferred
- Experience in use of automation and data analytics tools is a plus
- Previous industry experience is a plus (i.e., manufacturing)
- Experience in leading teams, particularly those focused on internal controls or assurance
#LI-Remote
Eastman Chemical Company is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other characteristics protected by law.
Eastman is committed to creating a powerfully diverse workforce and a broadly inclusive workplace, where everyone can contribute to their fullest potential each day.
Salary : $11 - $0
