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The Financial Risk & Compliance Professional is responsible for increasing operational efficiency by eliminating risks such as fraud and ensuring compliance with relevant regulations. This is achieved by implementing and validating controls within all processes within Sandvik and following the internal control framework. If gaps in process controls and risks outside the framework are identified, then it would be your responsibility to recommend suitable changes to management. You would also be expected to work with the effected stakeholders to implement proper controls to mitigate the risk identified. You must be able to articulate what the risks are clearly so people of non-financial background can understand why it is important for them to improve their processes.
Job Responsibility:
Establish, direct and review all new and existing internal controls to ensure the risk is mitigated by following the internal control framework
When a new or adjusted process is implemented, work with the affected team to ensure we identify all risks and appropriate controls are designed and implemented
Drive the development of internal controls and process improvements when gaps/risks have been identified
Drive the internal control culture to achieve a strong level of confidence
Periodically sample the evidence on controls you are not assigned as reviewer to ensure appropriate levels of testing is being completed
Follow up internal audit findings and ensure action plans are addressed according to their deadlines
Complete half-yearly validation, known as quality assurance activities
Review the internal control framework files for completeness and ensure all ineffective controls have a documented plan to address the issue
Generate reporting to management of internal control outcomes - providing insights into ineffective controls and briefly advise on items to be actioned
Look for ways to future proof our ways of working by using tools (such as AI & Power BI) to generate benefits to our processes
Whilst this position does not have direct reports, it is expected that you are able to mentor, motivate, train, evaluate and lead team members to achieve the desired compliance mindset
Requirements:
Relevant degree or equivalent tertiary qualification (or relevant work experience) is essential
Proficiency using Power BI tools (or similar), including the relevant syntax would be highly desirable
Previous experience dealing with, or performing the function of an auditor would be highly regarded
Ability to speak Spanish and/or French would also be highly regarded but not necessary
Master's Degree or relevant degree or equivalent tertiary qualification (or relevant work experience) is essential
Experience working with global teams preferred
Experience with Big 4 preferred
Nice to have:
Proficiency using Power BI tools (or similar), including the relevant syntax
Previous experience dealing with, or performing the function of an auditor
Ability to speak Spanish and/or French
Experience working with global teams
Experience with Big 4
What we offer:
Competitive salary, plus medical, dental, vision insurance, and a 401(k) with a company contribution of 5%, along with a matching contribution
Flexible paid time off, 11 paid holidays, 14 weeks of paid parental leave, and wellness programs
Leadership programs, skills development, and opportunities to advance your career