Philips Internal Control Manager IIG (Italy, Israel and Greece) in Monza, Italy

The role will frequently interact with process owners as well as internal and external auditors. The Manager Internal Control is responsible for performing the assessment of risks and internal control over financial reporting (ICOFR). Key activities include performing ICOFR risk impact assessment on new or existing processes, developing and maintaining Corporate SOX framework, advising on the design, implementation of controls, support the remediation of control deficiencies and remediate design gaps for a process. This is a demanding role requiring adherence to deadlines, communication skills and a flexible approach.

In this role, you will be responsible for:

•Help create value for the finance organization by designing efficient solutions to drive operational efficiencies, compliance with company policies, and thereby reducing risk of material financial reporting misstatements.

•Administration of the quarterly and annual Sarbanes-Oxley certification process.

•Participate in system and project implementations which have Internal Control /SOx implications.

•Work closely with different levels of management and business process owners to ensure key controls are timely identified and embedded in the process, tested, and operating effectively.

•Monitor and advice process owners on action plans for remediation of deficient controls on a timely basis.

•Perform root cause analysis and design efficient and effective remediation plans.

•Work closely with process/control owners to ensure that audit findings are timely resolved.

•Contribute to the preparation of periodic reporting to key stakeholders such as senior management.

•Identify opportunity to increase efficiency and continuously improve on the existing internal control framework.

•Develop and maintain strong relationships with Business Process and Control Owners and Internal Audit to determine key risk areas that needs process improvement.

•Assist in developing practical approaches and solutions that address internal control compliance challenges and issues.

•Assist to drive change, implement process improvements, and be a valued business partner

To succeed in this role, you should have the following skills and experience:

•Bachelor’s or Master’s degree in Accounting or Finance.

•Certified Public Accounting (CPA) or Certified Internal Audit (CIA) is a plus.

•At least 5 years of professional experience

•Experience as auditor (preferably in one of the Big 4 public accounting firms)

•Experience in Sarbanes-Oxley act. Is a most.

•Able to identify, document and evaluate key financial and business control processes within a global organization.

•Ability to comprehend the relationship between different control procedures and objectives and the impact on overall internal control framework.

•Results oriented.

•Strong analytical skills.

•Strong knowledge of US GAAP and IFRS.

•Excellent written/oral communication skills and ability to gain respect of senior management.

•knowledge of ERP systems and MS Office (i.e. Word, Excel and PowerPoint). Knowledge of Internal control compliance tool is a plus.

•Fluent in English, both written and verbal.

•Hands on mentality.

•Highly motivated and able to manage in a changing environment.

•Confident communicator with strong inter-personal skills, effective in dealing with people at all levels.

•Comfortable working in a team and independently, willing and able to take on responsibility.

•Pragmatic and reliable

•Flexible and adaptable

The role will frequently interact with process owners as well as internal and external auditors. The Manager Internal Control is responsible for performing the assessment of risks and internal control over financial reporting (ICOFR). Key activities include performing ICOFR risk impact assessment on new or existing processes, developing and maintaining Corporate SOX framework, advising on the design, implementation of controls, support the remediation of control deficiencies and remediate design gaps for a process. This is a demanding role requiring adherence to deadlines, communication skills and a flexible approach.

In this role, you will be responsible for:

•Help create value for the finance organization by designing efficient solutions to drive operational efficiencies, compliance with company policies, and thereby reducing risk of material financial reporting misstatements.

•Administration of the quarterly and annual Sarbanes-Oxley certification process.

•Participate in system and project implementations which have Internal Control /SOx implications.

•Work closely with different levels of management and business process owners to ensure key controls are timely identified and embedded in the process, tested, and operating effectively.

•Monitor and advice process owners on action plans for remediation of deficient controls on a timely basis.

•Perform root cause analysis and design efficient and effective remediation plans.

•Work closely with process/control owners to ensure that audit findings are timely resolved.

•Contribute to the preparation of periodic reporting to key stakeholders such as senior management.

•Identify opportunity to increase efficiency and continuously improve on the existing internal control framework.

•Develop and maintain strong relationships with Business Process and Control Owners and Internal Audit to determine key risk areas that needs process improvement.

•Assist in developing practical approaches and solutions that address internal control compliance challenges and issues.

•Assist to drive change, implement process improvements, and be a valued business partner

To succeed in this role, you should have the following skills and experience:

•Bachelor’s or Master’s degree in Accounting or Finance.

•Certified Public Accounting (CPA) or Certified Internal Audit (CIA) is a plus.

•At least 5 years of professional experience

•Experience as auditor (preferably in one of the Big 4 public accounting firms)

•Experience in Sarbanes-Oxley act. Is a most.

•Able to identify, document and evaluate key financial and business control processes within a global organization.

•Ability to comprehend the relationship between different control procedures and objectives and the impact on overall internal control framework.

•Results oriented.

•Strong analytical skills.

•Strong knowledge of US GAAP and IFRS.

•Excellent written/oral communication skills and ability to gain respect of senior management.

•knowledge of ERP systems and MS Office (i.e. Word, Excel and PowerPoint). Knowledge of Internal control compliance tool is a plus.

•Fluent in English, both written and verbal.

•Hands on mentality.

•Highly motivated and able to manage in a changing environment.

•Confident communicator with strong inter-personal skills, effective in dealing with people at all levels.

•Comfortable working in a team and independently, willing and able to take on responsibility.

•Pragmatic and reliable

•Flexible and adaptable