Expert SOX Compliance Analyst

Requisition ID # 155090 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Individual Contributor

Business Unit: Finance

Work Type: Hybrid

Job Location: Oakland

Department Summary

The SOX Compliance department is responsible for overseeing the effective design and operating effectiveness of the company's internal control over financial reporting and acts in a consultative capacity as a business partner and financial controls expert to the entire organization. The SOX Compliance team plans and manages the company’s annual SOX Compliance Program.

Position Summary

Reporting to the Manager of SOX Compliance, the Expert SOX Compliance Analyst will be responsible for understanding the business environment and helping to ensure the effective design and operation of the company’s SOX related business process controls. You will assess the efficiency & operating effectiveness of business process controls, identifies process control deficiencies, provides guidance to business partners developing remediation plans, monitors the status of remediation efforts, reports compliance status, and coordinates with external auditors and regulators.

The role is hybrid working from your remote office and in-person in the Oakland General Office, on average 0-3 days a week or based on business needs.

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors.​This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

A reasonable salary range is:​ 

Bay Area Minimum:        $114,000     

Bay Area Maximum:       $182,000

Job Responsibilities

• Provide guidance and act as subject matter expert to team leads and business process owners on the identification, documentation, and testing of key controls for assigned highly complex business processes.
• Develop annual risk assessments for assigned business processes and provide ranking of controls based on impact to financial statements.
• Perform unassisted walkthroughs of complex business processes and identify gaps in controls.
• Assist testers in understanding methods of testing controls.
• Assist with the coordination of SOX audit work performed by the external auditors.
• Work with business process owners to ensure timely review, updates to process documentation, and controls for new and/or existing processes.
• Coordinate with assigned team leads to remedy identified exceptions and deficiencies.
• Evaluate control deficiencies in accordance with the company's framework for evaluating control exceptions, analyze aggregation of deficiencies, and conclude on the potential impact to the financial statements.
• Develop and deliver effective training on SOX policy and procedures.
• Assist with the identification and test plans for entity level and fraud controls.
• Perform quality assurance testing on the proper testing of controls.
• Provide the review of the reports/presentations for the status of the compliance process for the disclosure committee, senior management, and Audit Committee
• Train new department members on Finance Compliance and Controls processes for executing the SOX program and systems.
   

Qualifications

Minimum:

• Bachelor’s degree in accounting or business
• 7 years of accounting, public accounting, and/or auditing to include experience performing SOX-related compliance.

Desired:

• Certified Public Accountant or equivalent with strong US GAAP knowledge
• Certified Internal Auditor with strong US GAAP knowledge and experience
• Big Four public accounting experience
• Previous experience in internal/external audits
• Strong background in internal controls over financial reporting (ICFR)
• Solid understanding of AS5 and COSO framework
• Strong technical knowledge (i.e., internal control principles, US GAAP, etc.)
• Understanding of general computer controls and COBIT framework
• Ability to assess and recommend solutions for complex processes
• Ability to understand the wide spectrum of identified key controls across all processes and the potential impact of an issue
• Ability to prioritize, plan, perform and communicate activities and findings both in written and verbal form
• Ability to understand impact of general computer controls on all business processes
• Ability to effectively manage multiple, diverse assignments and assist the manager and director with higher level assignments
• Ability to present analyses and findings in a cohesive, understandable, and actionable format to business process owners and others
• Possesses excellent research and issue resolution skills
• Ability to build effective relationships in multiple areas of the business at Supervisor, Manager, and Business Process Owner (Director) level
• Understands industry and regulatory changes and the potential impact to controls
• Ability to initiate process reviews/projects, develop solutions without direction from management and present findings
• Ability to positively influence business process owners or higher on control solutions