Senior Analyst - IT SOX
Cummins Turbo Technologies
DESCRIPTION
GPP Database Link (https://cummins365.sharepoint.com/sites/CS38534/)
Responsible for assisting in the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment.
Key Responsibilities:
Leads execution of less complex audits to evaluate the effectiveness and efficiency of the internal control environment in compliance with audit standards. Performs interviews and walkthroughs to understand business processes, including risks, internal controls and any potential control gaps. Performs audit testing of more complex audit areas to meet audit objectives in compliance with audit standards. Creates high quality audit documentation in compliance with audit quality standards. Identifies internal control issues and improvement opportunities that are meaningful and practical. Communicates audit status, testing results, observations and improvement recommendations to stakeholders. Assists in preparation of formal written reports to communicate audit results to management. Reviews documentation of less experienced audit staff to ensure it meets audit quality standards. Coaches audit staff and provides meaningful and timely feedback. Assists in managing contracted audit staff.
RESPONSIBILITIES
Competencies:
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Ensures accountability - Holding self and others accountable to meet commitments.
Manages complexity - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
Situational adaptability - Adapting approach and demeanor in real time to match the shifting demands of different situations.
Project Management - Establishes and maintains the balance of scope, schedule and resources for a temporary effort (a “project”). Ensures results/impact from temporary effort are fully realized as possible.
Values differences - Recognizing the value that different perspectives and cultures bring to an organization.
Audit Standards - Leverages audit standards and performs audits to evaluate the design and operating effectiveness of internal controls; summarizes procedures and findings to communicate audit results to stakeholders.
Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.
Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.
Education, Licenses, Certifications:
College, university, or equivalent degree in Accounting, Finance, Information Technology, or related field required.
Progress toward Certified Internal Auditor, Certified Public Accountant, Chartered Accountant or similar certification preferred.
Experience:
Intermediate relevant professional work experience in the field of study required.
QUALIFICATIONS
he Senior Analyst – IT SOX is responsible for assisting in the execution of financial, operational, information systems, and compliance audits to evaluate the effectiveness and efficiency of the internal control environment. This role leads the execution of less complex audits, performs audit testing, develops high-quality documentation, identifies improvement opportunities, and communicates results to stakeholders. The position also includes coaching and mentoring less experienced audit staff and managing external contracted audit resources.
Key Responsibilities:
Lead execution of SOX IT testing, including scoping, planning, risk assessment, testing, documentation, review, and reporting of IT general controls.
Coordinate with external auditors to address audit findings and resolve issues.
Provide guidance to IT organizations to improve IT control environments, including rationalizing IT general controls, automating controls, and enhancing monitoring processes.
Evaluate IT general controls for new systems or significant changes to IT systems and provide recommendations on design and operating effectiveness.
Assist in managing a team of outside resources performing SOX IT testing.
Conduct interviews and walkthroughs to understand business processes, identify risks, internal controls, and control gaps.
Perform audit testing for complex audit areas in compliance with audit standards.
Create high-quality audit documentation in alignment with audit quality standards.
Identify internal control issues and provide practical improvement opportunities.
Assist in the preparation of formal audit reports and communicate findings to management and stakeholders.
Review documentation of less experienced staff and provide constructive feedback.
* Qualifications and Competencies
Critical Skills & Competencies:
Strong knowledge of COSO framework, US GAAP, PCAOB requirements, SEC standards, and emerging trends in IT auditing.
Ability to manage ambiguity, assess risk, and act resourcefully in uncertain situations.
Influencing skills to drive behavioral change for improved compliance and control.
Knowledge of Oracle and SAP systems is a plus.
Project management and ability to balance scope, schedule, and resources.
Excellent collaboration, communication, and stakeholder management skills.
Strong analytical and problem-solving skills to manage complex information.
Ability to adapt approaches to varying situations and learn quickly from new challenges.
Action-oriented with high energy and enthusiasm, demonstrating accountability for personal and team results.
Travel:
- Approximately 10%, including potential for international travel.
Values & Behaviors:
Values differences and leverages diverse perspectives to drive business results.
Demonstrates situational adaptability and actively pursues self-development.
Ensures accountability, communicates effectively, and collaborates to achieve shared objectives.
Applies audit standards, evaluates business process and internal control risks, and strengthens financial internal controls.
* Qualifications for Internal Candidates
Certifications:
Professional IT audit or control certifications preferred, including CISA, CISSP, or CPA.
Progress toward Certified Internal Auditor (CIA), Chartered Accountant (CA), or equivalent is desirable.
Education & Experience:
College or university degree in Accounting, Finance, Information Technology, or a related field required.
Intermediate relevant professional work experience in IT audit, internal controls, or financial systems auditing required.
Experience with managing external audit resources and complex IT control environments preferred.
100% On-Site No
As Cummins continues to grow, you'll be provided with continuous learning opportunities, supportive benefits and a culture that values your wellbeing, safety and work-life balance. Here, you'll have the power to determine your future with innovative technology, a focus on sustainability and with a company positioned for long-term growth.