Control Specialist - ICFR

JOB DETAILS

JOB BAND: D

CONTRACT TYPE: Continuing

DEPARTMENT: BBC Finance

LOCATION: London/Cardiff

PROPOSED SALARY RANGE: £55,000-£62,000 depending on relevant skills, knowledge and experience. The expected salary range for this role reflects internal benchmarking and external market insights. If you are London based, you will also receive an allowance of £5,441 London Weighting.

PURPOSE OF THE ROLE

The role sits in Group Finance Risk and Control. The team are accountable for overseeing and business partnering Pan-Finance function; to ensure the finance risk profile is fully understood and appropriate controls are designed and implemented to mitigate identified risks.

The team is accountable for managing the implementation of an effective internal control over financial reporting (ICFR / UK SOX) framework in response to the changes in the UK Corporate Governance Code and to fully understand the financial reporting risks inherent across the finance function.

The ICFR control specialist is responsible for supporting the ICFR Manager in the implementation of the BBC ICFR framework and understanding of Financial Reporting risk across the organization whilst ensuring that the BBC high governance standards are met.

WHY JOIN THE TEAM

Group Finance Risk and Control is at the heart of Group transformation activity playing a vital role in developing a strong risk and control culture across the BBC. The team is leading a key strategic project to support the BBC and its stakeholders with a risk-focussed approach to development and maintenance of its control’s framework. We have a key role to play in enabling the BBC to achieve its strategic objectives by supporting governance & risk management and by driving effective decision making.

YOUR KEY RESPONSIBILITIES AND IMPACT

The ICFR Control Specialist will:

• Support the implementation of a robust ICFR framework.

• Support Process workshops to enable documentation of in-scope Financial Statement Lines (FSLIs). Gain understanding of processes, risks and controls to enable appropriate challenge of Process and control owners.

• Support thorough walkthroughs and control design effectiveness testing. Evidence understanding of FSLIs from initiation of transaction through to the General Ledger

• Complete Operational Effectiveness testing – design appropriate test plans and evidence testing in line with audit principles.

• Support the remediation of control deficiencies through SME support for control owners.

• Support ICFR reporting – ensure reporting is accurate for all relevant forums and committees.

• Raise awareness of the ICFR, including the requirements for each of the components of the framework, and identification of areas in need of improvement and propose mitigation measures.

• Support the annual ICFR attestation/certification process.

• Provide expert guidance and support to Finance management team on the implementation and assessment of ICFR, ensure that all internal controls are performed adequately.

YOUR SKILLS AND EXPERIENCE

• Qualified or Part Qualified Accountant

• Good knowledge of ICFR / SOX frameworks and Audit principles

• Ability to identify issues and associated risks in relation to financial reporting

• Experienced in supporting finance projects and in response to ad-hoc requests from finance and operations team with a risk perspective

• An understanding of the relevant technologies and practices e.g. client / server platforms; software development, change processes including UAT, monitoring of incidents and issues, third party supplier relationships (SOC reports)

• Ability to translate financial requirements to key non ICFR stakeholders.

Desirable

2 years + ICFR / Sox or audit experience.

Understanding of COSO framework