PARKER DRILLING CO Manager of Internal Controls Salary in the United States

How much does an Manager of Internal Controls make at companies like PARKER DRILLING CO in the United States? The average salary for Manager of Internal Controls at companies like PARKER DRILLING CO in the United States is $75,887 as of March 26, 2024, but the range typically falls between $61,586 and $90,188. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

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What does an Manager of Internal Controls do at companies like PARKER DRILLING CO?

Job Description

Recruitment Fraud Alert

Recruitment fraud is a sophisticated fraud involving job opportunities through communications such as unsolicited emails, online recruitment services such as LinkedIn, bogus websites, and text messages claiming to be from Parker Drilling. The aim of the fraud is to obtain personal information or money.  Recent incidents have occurred involving both individuals and organizations falsely claiming to recruit on behalf of Parker Drilling.   These emails and offer letters often appear legitimate and may include job description, salary, and benefit details. Prospective candidates may be instructed by fraudsters to pay them fees for immigration and visa application/processing services.  We recommend that you do not respond to unsolicited offers of employment.

 

Position Summary
 
This position is responsible for the management of Parker Drilling internal control environment and planning, supervising and conducting periodic documentation testing to verify compliance with the controls described in risk control matrices and narratives according to the requirements of Sarbanes-Oxley Act (SOX).
 
Key Responsibilities and Tasks

  • Ensure the promotion and awareness of responsibility and accountability principles as related to SOX controls throughout the Company.
  • Ensure the integrity of the Company’s SOX documentation, and the systems used to generate the documentation, to include, but not limited to, narratives, control descriptions, risk control matrices, test programs and test results.
  • Serve as a liaison between external and internal audit functions and Corporate Management on SOX related and other internal control issues.
  • Coordinate, guide and supervise regional internal control functions.
  • Serve as a liaison between Corporate accounting and other functions throughout the company (IT, Treasury, Procurement, FP&A, etc.).
  • Plan, supervise and review testing activities aimed at identifying gaps between the documented procedures and the Company’s current practices.
  • Determine effectiveness of control structure, including IT related controls, and prepare documentation accordingly.
  • Document entity level controls.
  • Adhere to all Company policies and procedures.
  • Perform other duties and special projects as assigned.

Job Requirements

Position Specific Knowledge, Skills, and Abilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • A Bachelor’s degree in Accounting, Business or Finance is required.
  • Should have at least 10 years of work experience with a proficient understanding of the Sarbanes-Oxley Act origin, purpose and requirements.
  • Should have at least 5 years of supervisory experience.
  • CPA/CA or CIA certification is preferred.
  • Must have knowledge of standard auditing practices and procedures and the ability to apply them.
  • Must have excellent PC skills to include all MS Office products.
  • Must have excellent written and verbal communication skills and be able to present oneself in a professional manner. Being multi-lingual is a plus.
  • Must be able/willing to travel internationally on as-needed basis.
  • Must be detailed, organized and task oriented to manage multiple projects and increasing demand for information and results.
  • Must have strong analytical skills and be able to make complex decisions while keeping the department’s and Company’s philosophies and goals in mind.
  • Must have excellent people skills and be able to supervise people remotely across multiple time zones.

 

Physical Demands

The physical demands must be met by an employee to successfully perform essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee is regularly required to stand, walk and use hands to finger, handle, or feel and reach with hands and arms. The employee frequently is required to walk, stoop, kneel, carry, push/pull and use repetitive wrist and hand movements. The employee may be required to lift and/or move objects of up to 25 pounds. Hearing, seeing ability to include depth perception, peripheral vision and rapid mental coordination. It is required to be mentally alert for entire regular shift.

Work Environment

This position will typically work in a climate controlled building in the corporate office of Parker Drilling.

Safety Accountabilities

• Ensure that personal behaviors and work practices are in line with Company safety standards.
• Responsible for safety of self and others in the vicinity to include, but not limited to, employees, vendors and guests.
• Provide visible leadership engagement, be aware of housekeeping and take additional safety precautions to ensure no one is put at risk.
• Do not take short cuts or unnecessary risks and actively work with others to ensure they take due care and do not put themselves or others at risk.
• Ensure all incidents are reported and appropriately investigated in accordance with Company procedure.
• As needed, seek advice from HSE representative.

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$61,586 Low Average $75,887 High $90,188

Understand the total compensation opportunity for Manager of Internal Controls at companies like PARKER DRILLING CO, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$61,586
$90,188
$75,887
The chart shows total cash compensation for the PARKER DRILLING CO Manager of Internal Controls in the United States, which includes base, and annual incentives can vary anywhere from $61,586 to $90,188 with an average total cash compensation of $75,887. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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