Internal Control Manager, U.S Division - DFS11711027 in Los Angeles, CA at DFS

Date Posted: 11/25/2021

Job Snapshot

Job Description

The Internal Control Manager will be responsible for rolling-out the existing Internal Control Framework within the U.S Division in conjunction with the Group Risk Management & Control (RMC) department and Division process owners. The objective of the role will be to elevate and animate the general control environment at the Division level by ensuring internal controls are adequate and fit for purpose, while providing assurance to stakeholders that controls are operating effectively and are compliant with Group and Divisional SOP’s.

Key Responsibilities:
Internal Control
• Improve the overall level of internal control at the Division by providing cohesion and support across the 3 lines of defense.
• Oversight over key processes (e.g., sensitive transactions, POS, cash, etc) and identify internal control deficiencies and undertake corrective actions.
• Support process owners to ensure internal controls are properly embedded into SOP.
• Launch internal control and anti-fraud initiatives.
• Participate in ad hoc projects as assigned by Divisional Senior Management and RMC.
• Implement internal control reporting tools and dashboards.
• Identify training gaps, create, and implement training programs that are aligned with the business needs and strategic objectives to support compliance and internal controls.
• Drive store process improvement, standardization and develop best in class practices.
• Work with IT on system related issues following internal audit recommendations, including involvement in user testing and implementation. Internal Audit
• Conduct yearly internal control assessments following LVMH's methodology.
• Conduct periodic testing on applicable LVMH 10 key Internal Controls.
• Track internal and external audit findings to ensure prompt resolution and avoid reoccurrence. Risk Management Support
• Arrange for insurance coverage in special events.
• Follow up on any insurance claims.
• Ensure the BCP documentation is updated.
• Support Corporate Risk Management team to collation of financial information for the renewal of insurance policies.

Key Requirements:
Educational Requirements Bachelor’s Degree required in accounting, finance or business administration. Work Experience 5 – 8 years of experience in Big 4 and/or in retail, multinational companies working in internal control designs, operations, or internal audit. Licenses / Certifications Critical knowledge & skills including tools, software applications, language, etc. Fluency in English; written and spoken Aptitude to analyze and work with data. Other Qualifications / Core Competencies * (for posting)
• High degree of integrity and confidentiality.
• Able to effectively operate in a fast paced and multi-culturally diverse environment.
• Excellent communication, presentation and facilitation skills.
• Confident, do not shy away from conflict and is comfortable working in teams.
• Ability to work with all levels of personnel, drive best practices where multiple stakeholders are involved and interact with Senior Management.