Pittsburgh area financial group seeks an experienced individual for the position of Director of Financial Controls.  The selected candidate is responsible for establishing governance, preparation and documentation of financial controls processes, risk assessments, design and implementation of controls, plan and test controls, and evaluate/report/resolve control deficiencies. 


Financial Controls

·        Primary liaison between vendor used for internal audit and the business departments

·        Manages all financial controls related functions

·        Work closely with the auditable units, provides timely department reporting summaries and analysis that assess the performance, risk, and control environment of departments. As part of these assessments, provides value-added, practical recommendations on remediation and improvement strategies

·        Ensure that company has established a sound system of controls over financial reporting to ensure reliable and timely financial information in monthly, quarterly, and annual reports by:

·        Design, assess, implement, and monitor a robust Financial Reporting Controls Framework, governance, and methodology

·        Identify, assess, document, and monitor business processes (including financial systems) that affect company’s financial reporting

·        Lead, document, and report on risk assessment of the business processes in respect of materiality & tolerances misstatements in financial reporting

·        Develop company’s policies for controls and control objectives for core financial reporting processes

·        Develop and implement the controls testing process, including conducting reviews and testing of financial reporting controls compliance by process owners along with monitoring and overseeing the remediation of deficiencies identified

·        Develop and deliver training and training materials for business process owners on a regular basis to build knowledge and understanding of risks and controls

·        Prepare and manage the ongoing quarterly and annual reporting process for senior management and the board

·        Actively seek uniformity and automation of controls across the Society through efficient use of financial systems and innovative technology to enhance and continuously improve the design and effectiveness of controls, including efficiencies in documentation, assessment, and testing of controls

·        Coordinate with internal and external auditors to ensure the effectiveness of the controls are tested and the resolution of any audit findings

·        Provide ad hoc reports and status on above responsibilities

·        Assist with risk management activities and reporting

·        Work on projects / initiatives as assigned

·        Work closely with stakeholders across functions in a fast-paced environment, able to provide solution to issues

·        Ability to manage multiple projects and communicate with different cultures and levels within the organization

·        Monitor emerging best practices in internal controls and regulatory compliance to adopt continuous improvement principles supporting an enhanced control environment

·        Properly adheres to company risk management principles

Enterprise Risk Management

·        Primary liaison with Third-Party Administrator responsible for assisting with Enterprise Risk Management (ERM)

·        Establish and communicate ERM vision across the organization

·        Work with Senior Management to define appropriate role of ERM in the organization

·        Advise Management on ERM activities and leading practices

·        Integrate ERM with strategic management process

·        Develop and communicate ERM policies

·        Establish, communicate, and facilitate use of appropriate ERM methodologies, tools & techniques

·        Establish and follow-up an appropriate framework to facilitate collection and analysis of data and information

·        Facilitate sharing of risk management best practice across the organization

·        Implement appropriate risk reporting to the Audit Committee and CEO

·        Develop monitoring methods to highlight performance of ERM Framework

·        Support regular reporting and assist Board / Audit Committee in decisions related to ERM

·        Monitor the application and effectiveness of ERM processes

·        Ensure that a comprehensive and continuous risk identification process is in place

·        Facilitate periodic enterprise-wide risk assessment

·        Monitor the top entity level risks

·        Periodically review risk policies, procedures, reporting templates and framework to ensure everything is up to date

·        Performs other duties as assigned, including special projects


·        Bachelor’s degree (B.A. or B.S.) in accounting, finance, or related field; MBA or CPA desirable

·        Minimum 5 years’ related experience and/or training in a manager or director role.

·        10+ years of experience in risk management

·        Enterprise Risk Management Certified Professional (ERMCP) or equivalent preferred

·        Auditing experience in a national public firm

·        Understanding of accounting and financial processes including risk and financial controls

·        Experience in the financial services industry, such as insurance or banking preferred

·        Ability to gain the respect and confidence of other team members

·        Excellent time management skills with a proven ability to meet deadlines

·        Requires critical thinking skills, communication skills (verbal and written) and interpersonal skills

·        Skilled in analysis and review of reports and making presentations to Senior Management

·        Ability to work with all levels of management

·        Strong organizational, problem-solving, and analytical skills; able to manage priorities and workflow

·        Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm

·        Proven leadership and business acumen skills

·        Commitment to excellence and high standards

To apply for this job email your details to pancoaststaffing7@gmail.com