Overview
Director, US Compliance and Control – Albany, 12207, United States of America
How we LEAD:
We are currently seeking a talented individual for a Director position to support Virgin Music Group with US Compliance and Control activities. The Director will manage our annual compliance program including but not limited to internal control evaluation, design and documentation, walkthroughs, sample-based testing, remediation, results, reporting and process improvements, and participate in various Compliance projects.
How you’ll CREATE:
Business Acumen
- Understand and apply commonly used internal control frameworks for achieving internal control compliance such as COSO
- Demonstrate ability to research, disseminate and apply best practice knowledge the setup and implementation of the operational control environment
- Understand control objectives and associated risks, and conclude as to the effectiveness of the controls
Project and Team Management
- Overall management of VMG’s control environment
- Establish consistent audit practices and continue to evolve the program to drive efficiencies and operating effectiveness, as well, deliver greater relevance for stakeholders
- Drive operational excellence through delivery of readily available tools and resources and sharing of best practices
- Collaborate with UMG Operational Finance team and internal audit to ensure activities are coordinated and fully leveraged
- Identify key control issues and emerging risks, and work with management to ensure timely and effective remediation
- Identify and implement efficiencies and automation using data analytics
Operations (annual audit campaign or ad-hoc projects execution)
- Coordinate multiple testing cycles across compliance and business personnel, to accurately document, assess and test in-scope applications, business processes, key reports, and controls
- Complete detailed review of testing performed by Compliance team
- Interact with a wide variety of personnel to develop recommendations to remediate control deficiencies; play an active role in implementing the remediation plans; increase audit efficiencies and drive process optimization
- Recommend actions that are pragmatic, achievable, and partner with management to resolve deficiencies as a result of testing
- Recommend general control related actions that are pragmatic and achievable, and partner with management to resolve any identified control gaps
- Effectively provide executive management with updates on the operating effectiveness of internal controls over financial reporting, as a result of testing
- Provide a systematic, objective, and independent assessment of the operations and controls within the US control environment and provide guidance on best practices
- Participate in special projects and company-wide initiatives as required
Communication & Culture
- Provide verbal and written reports of progress and results to various stakeholders as needed
- Interact with Company management and BU personnel to build/maintain ongoing operational partnerships by utilizing strong interpersonal and communication skills
Bring your VIBE:
- Strong planning and organization skills, with the ability to be agile and manage large complex projects and synthesize information into executive presentations
- Ability to adapt to rapidly changing circumstances with a professional, solution-oriented mindset
- Strong bias for collaboration, resourcefulness, and on-time execution
- Sound judgment in problem analysis, with the ability to distinguish between relevant and irrelevant information
- A good understanding of risks and internal controls
- Ability to handle sensitive / confidential matters in a tactful/discrete manner
- Passion for understanding processes and risks and a desire for continuous growth
- Ability to present and communicate cross functionally
- Ability to exercise professional skepticism and judgement while evaluating risks and controls
- Detail-oriented, resourceful, and able to manage shifting priorities
- Self-starter who can work independently and spearhead projects
- BS degree in Business, Accounting, or related field
- 5+ years of experience in Big 4, Management Consulting, Multinational Corporate Environment, Internal Audit, Audit, IT, or related field.
- Experience managing multiple projects in a fast-paced environment.
- Experience executing audits within a complex operational and regulatory environment
- Experience evaluating controls associated with complex business processes
- Sarbanes-Oxley experience preferred
- Position may require limited domestic travel
