BASIC FUNCTION: The Senior Analyst is responsible for assisting with the documentation, coordination, and assessment of all key business processes, inherent risks, and mitigating controls throughout the organization. The Senior Analyst is responsible for the operation and administration of software applications to operate the control framework and for training and education. The Senior Analyst will assist the Internal Audit department and external auditors.

MISSION: Our mission is to support and monitor the company¡¦s internal control environment to promote (1) reliability of financial statements, (2) efficiency and effectiveness in business processes, (3) compliance with laws and regulations, and (4) safeguarding of assets.

DEPARTMENT OBJECTIVES:
The Internal Controls Group is primarily responsible for the maintenance of an internal control framework according to the COSO ¡§Internal Control ¡V Integrated Framework¡¨ model of internal control, coordination of management¡¦s quarterly certifications for its disclosure controls and annual assessment of its internal controls over financial reporting (ICFR) as required by the Sarbanes Oxley Act of 2002. The group has the following departmental objectives:

1. Maintaining documentation of key processes, the risk assessments, and mitigating controls.
2. Supporting the design and effectiveness of the company¡¦s control structure.
3. Monitoring risk and advising process owners of mitigation alternatives.
4. Recommending improvements to and promoting standardization of processes.
5. Supporting quarterly management certifications and management¡¦s assessment of effective internal control for its annual report on ICFR.
6. Interfacing with internal and external auditors to achieve internal control goals.
7. Maintaining Finance policy and procedures for the worldwide organization.

POSITION RESPONSIBILITIES

Responsibilities Authority
Meet with process owners to develop accurate representations of significant business processes, using flow charts and narratives. II
Conduct 404 formal and informal walkthroughs (test of one) for significant business processes to confirm the documentation. II
Identify, classify, and detail internal controls for significant business processes. II
Establish and implement internal controls policies and procedures, as well as financial and operational policies and procedures. III
Administer the framework tools to support assessments and testing. II
Support self assessments of the user community and report results. II
Conduct on-site visits to company locations to provide guidance on internal controls compliance and assist with process documentation efforts. III
Coordinate testing requirements with Internal Audit and external auditors. III
Serve as a liaison between Internal Auditors and the business units to develop remediation plans for control exceptions. II
Identify and develop best practices for performing internal controls. II
Perform assessment of service provider reviews (SAS 70) annually. II
Assist the process owners and control owners with the design and implementation of changes to the control structure when necessary. II
Keep abreast of the evolution of regulatory requirements and business trends. The Analyst is responsible for maintaining a knowledge base and continued education of changes and trends with regard to the regulations and to best practice approaches to comply with requirements