What will you do?We are seeking a motivated and self-driven
Risk and Internal Controls (RIC) Lead with a strong background in internal controls, risk management, governance, and IT controls. This role is responsible for supporting and enhancing Siemens Canada's internal control environment in accordance with Siemens Risk and Internal Controls (RIC) methodology.
The RIC Lead will partner with assigned businesses and corporate functions to plan, document, assess, monitor, and remediate internal controls while promoting effective governance and risk management practices. The successful candidate will support regional assurance initiatives, collaborate with Headquarters on global RIC matters, and help drive continuous improvement of the control environment across Siemens Canada.
This position reports directly to the Head of Risk and Internal Controls, Canada.
REGIONAL RESPONSIBILITIES ARE AS FOLLOWS:Governance, Risk & Internal Controls - Manage the RIC activities of 4 legal entities in Canada.
- Take ownership in managing and driving the internal controls system for select business units and support functions for Siemens Canada, including analysis of control requirements and control documentation along with Governance Owners.
- Responsible for Applicability, Account Scoping, Controls Documentation and Assessments, Deficiency reporting and remediations, RPA/RDA Tracking and Circular Implementation.
- Support the Head of RIC with Enterprise Risk Management (ERM) Assessment.
- Support the Head of RIC with Fraud Risk Assessment.
Internal Controls Assessment & Remediation - Work with Governance Owners to facilitate and drive the deficiency remediation process addressing the root cause of weaknesses with a strong focus on a timely but also sustainable remediation.
- Impact analyses of ineffective key controls regarding their relevance for Entity Reporting and guidance on the formulation of remediation measures and monitoring their correct and timely implementation.
IT Controls & Assurance - Responsible for documenting the IT General and Application Controls and coordinate testing with IT Assurance and also manage and track the outsourcing activities.
- Support in IT Special Topics (e.g. Smart Close/Runbook/Robot Process Automation/Cloud Solutions).
Systems, Tools & Program Administration - Managing the Siemens RIC Tool independently.
Process Improvement, Governance & Stakeholder Support - Engage in continuous improvement and efficiency projects relating to internal control processes with focus on increasing efficiency and maintaining the level of assurance.
- Participate in drafting effective policies, procedures, processes and controls necessary to be compliant with the overall Governance Program of the organization.
- Support local businesses with the development general principles / methodology / assessment approach for ICFR relevant Controls to be incorporated ensuring proper outsourcing, bundling of controls, and organizing effective workshops and trainings.
What will you need to succeed?Education & Professional Credentials - Required Bachelor's degree in Accounting.
- Certified Professional Accountant (CPA) designation required; Certified Internal Auditor (CIA) designation preferred.
Experience & Technical Knowledge - Minimum 3 years' business experience with 2 years' experience in internal controls environment.
- Experience in accounting, IT or audit role will be considered an asset.
- Solid understanding of internal controls and internal audit practices. Comprehensive understanding of financial accounting.
- Knowledge of SAP ERP system.
- Ability to program macros (or other tools).
- Ability to automate processes through tools will be considered an asset.
- Exposure to Artificial Intelligence.
Analytical & Problem-Solving Skills - Ability to see the big picture and able to close issues/topics independently with minimum support.
- Strong intellectual and analytical skills.
- Strong focus on efficiency and process improvement.
- Creative, and ability to think "outside the box".
- Self-motivation and attention to detail.
Communication & Collaboration - Excellent written and oral communication skills in English, including proven ability to prepare and present information to all management levels.
- Demonstrated ability to manage multiple assignments, achieve deadlines and deliver quality results within a team environment.
- Proven ability to build strong partnerships with teammates, key stakeholders, and business and functional experts and influence decision outcomes.
[Salary is commensurate with experience, and ranges between $76,000 CAD - $100,000 CAD, excluding bonus and benefits. In addition to base salary, this role includes eligibility for an annual discretionary bonus 10% of base salary, based on Company performance metrics.]
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