Team Lead- Internal Controls

Position: Team Lead- Internal Controls

Exp: 7- 11 Years

Location: Bangalore

Essential Responsibilities:

• Oversee timely execution of controls testing based on the assigned businesses and annual Controls Monitoring Program (including transitions to DBS Shared Service Center) as established by Corporate Controllership.
• Supervise team of 4-5 (with ability to take on more team members) in planning and completing their regular work assignments.
• Lead planning and forecasting of team activities in line with Controls Monitoring Plan developed by Corporate Controllership ensuring capacity and bandwidth of team.
• Adequately applies Company policies, procedures, accounting standards and appropriately seeks advice as necessary.
• Accurately evaluate the implications of new information or events and makes decisions in a timely manner.
• Perform reviews and control tests as well as develop testing methodologies to test internal controls operating at DBS using a risk-based approach. Address problems with resolution.
• Review workpapers prepared by direct reports to ensure adequate documentation exists supporting conclusions and to determine whether recommendations to improve internal controls are effective and reasonable.
• Review and finalize draft findings prepared by team and ensure findings are objective, accurate and factual reports/updates/observations for Manager of SOX Compliance, DBS Management and Controllership. Evaluates control exceptions across organization to identify common themes while evaluating root cause. Support team with direct influence to build consensus and support. Provide resolutions to disagreements by collaborating with control owners.
• Proactively monitor management's achievement of committed action plans from prior audits to ensure timely implementation of action plans and closure of identified risks.
• Establish and maintain excellent relationships within the team, business stakeholders of DBS and Operations Management, Corporate Controllership, Internal Audit and external audit in order to be viewed as a key business partner. Collaborate with other Team Leads and Managers at DBS and balances diplomacy with assertiveness.
• Identify and develop opportunities for collaboration both within and outside of immediate team. Inspire people to work together strategically towards a common purpose. Motivate others and uses a variety of approaches to energize team members.
• Embody teamwork and develop cohesiveness in achieving organizational objectives. Positive approach to change. Calm, rational and objective when dealing with uncertainty.
• Recruit and train new team members on IC COE methodologies and controls. Proactively seek and embrace formal and informal coaching opportunities. Coach and train direct reports about their role and responsibilities. Address performance problems promptly and proactively communicates with Manager of SOX Compliance. Develop and manage development plans for team members.
• Partners and collaborates with other Team Leads on driving cohesiveness of team through consistent messaging, leadership by example, and supporting each other.
• Ensure appropriate development of direct reports through training, pursuit of professional certification, etc.
• Coordinate with audit providers regarding their reliance on controls monitoring program.
• Strong focus on continuous improvement initiatives
• Deliver on Corporate Controllership plan by supporting or leading where necessary. Accountable for timely updates on progression to plan in support of Corporate Controllership oversight.
• Leverages systems for business partnering and analytics support, providing needed information in a scalable fashion. Ensures capabilities of the SOXHub tool (AuditBoard) is utilized and team is fully realizing benefits of the tool.
• Ownership of accountability of deadlines and milestones for all assigned projects.
• Ad-Hoc projects as needed; support Corporate Controllership on information gathering and presentations to Leadership.
• Must be willing to work 2 PM to 10 PM shifts during quarter close, This can be done as Work from Home. During Non- Peak work weeks, there is flexibility in timings

Qualifications & Technical Competencies:

• Bachelor's degree in Accounting, Business Management or related field preferred
• Understanding of US GAAP, GAAS, Sarbanes-Oxley, COSO framework, and leading business practices
• 6 or more years of relevant experience in Finance and/or 4 years in Audit, either within the Big 4 Audit Firm or in a multi-national organization. At least 1 year of experience in a supervisory capacity.
• Prior experience within Risk & Compliance or Internal Control role, finance experience is preferred
• Microsoft Office skills, primarily Excel, Outlook, Word, PowerPoint
• Energetic, self-starter and strong focus on continuous improvement initiatives
• Ability to multi-task and demonstrate strong organization skills
• Strong oral and written communication skills
• Flexibility to adapt to an ever-changing and improving environment
• CPA

Preferred Qualifications:

• High level of customer focus and ability to maintain a positive attitude at all times
• High level of proficiency in Microsoft Office products
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to prioritize and multi-task in a fast-paced environment
• Self-directed, positive and ethical role model able to work with minimal supervision
• Ability to be an effective team member and display initiative
• Ability to maintain a professional demeanor and skepticism at all times with internal customers and coworkers; fully observe Dover's Code of Ethical Conduct, Employee Handbook Personal Conduct of Employees policies and ISO Quality System Standards