Permanent - Hertfordshire - Finance System Controls Specialist
SRM are working with a reputable Hertfordshire based business who are looking for a Systems Control Specialist, reporting to the Director of Controls. You will be responsible for ensuring the accuracy, integrity, and compliance of financial and operational processes and systems within the Group.
The Systems Controls Specialist plays a crucial part to the financial stability and regulatory compliance, where you will utilise strong understanding of auditing financial systems, financial controls, accounting principles, and risk management, combined with excellent analytical and problem-solving abilities. The primary focus of this role will be on assessing, designing, implementing, and monitoring effective financial controls and procedures to mitigate risks and ensure regulatory compliance.
Key Responsibilities
- Evaluate and assess the effectiveness of existing systems, controls, processes, and procedures across the Group.
- Identify gaps and potential areas improvement, developing and implementing robust control frameworks and standard operating procedures to ensure compliance with company policies and accounting standards.
- Conduct periodic risk assessments to identify control gaps, potential risks, and opportunities for improvement.
- Collaborate with cross-functional teams and external consultants to design and implement remediation plans to address control deficiencies and mitigate identified risks.
- Monitor and analyse financial transactions and systems to identify suspicious or fraudulent activity, errors or other anomalies.
- Carry out regular and ad hoc internal audits to monitor compliance with established controls and identify potential improvements.
- Maintain current knowledge within subject matter, understanding changes in financial auditing, accounting standards, regulatory requirements, introducing industry best practices to the business.
- Provide guidance and training to finance and operational teams on control procedures, policies, and compliance requirements.
- Support the Statutory Reporting Manager in preparing for external audits, liaise with auditors to provide necessary documentation and support during audit engagements.
- Generate comprehensive reports and presentations to communicate control findings, recommendations and progress to management.
Skills & Experience
- Relevant work experience as an Systems/IT Auditor, Financial Controls Specialist, External or Internal Auditor, Forensic Accountant or similar role.
- Strong knowledge of IT audit, financial controls, risk management principles, and accounting practices.
- Familiarity with regulatory requirements (e.g., SOX, COSO) and experience in implementing and maintaining compliance frameworks.
- Excellent attention to detail and accuracy, with the ability to handle multiple tasks simultaneously and meet deadlines.
- Exceptional communication and interpersonal skills to effectively collaborate with diverse stakeholders and explain complex financial concepts.
- Proficiency in using financial software and systems (e.g., ERP systems, data analysis tools).
- Ability to create practical solutions in a developing technology environment.
- Certified Information Systems Auditor (CISA) or equivalent - Essential
- ACA/ACCA Qualification or equivalent