Department: Finance Department
Salary: $70,166.00 - $100,864.19 Commensurate with Experience
Welcome to the City of Charlotte
Charlotte is America’s Queen City, opening her arms to a diverse and inclusive community of residents, businesses and visitors alike. Here you will find a safe, family-oriented city where people work together to help everyone thrive. The mission of the City of Charlotte is to deliver quality public services and promote the safety, health, and quality of life for all residents.
Our guiding principles include:
Attracting and retaining a skilled and diverse workforce
Valuing teamwork, openness, accountability, productivity, and employee development
Providing all customers with courteous, responsive, accessible, and seamless quality services
Taking initiative to identify, analyze, and solve problems
Collaborating with stakeholders to make informed decisions
SUMMARY
The Financial Internal Control and Systems Division (ICSD) supports the City’s commitment to well-managed government by establishing standards for financial internal control in alignment with the COSO Internal Control and ERM frameworks and increasing standardization, efficiency, fiscal accountability, and oversight of the City’s financial functions and financial management systems citywide. ICSD prioritizes an environment of control, compliance and centralized oversight by supporting the effective design, implementation, operation and monitoring of internal control components and management systems. ICSD staff are responsible for developing and maintaining significant working knowledge of the city’s financial functions and management systems.
As a member of ICSD, the Financial Internal Control Associate Senior works with other ICSD staff, Finance department staff, City department heads, City staff, and other financial professionals inside the organization. Under the leadership of the Financial Internal Control and Systems Assistant Division Manager, this position supports citywide compliance with established COSO Internal Control and ERM standards, financial policies, processes, and procedures related to the City's financial functions and financial systems in general and as specifically related to the role’s assigned financial function(s).
Major Duties and Responsibilities
Ensures the integrity of the City’s financial data utilizing COSO internal control concepts.
Serves as a resource to all City departments engaged in activities related to the assigned financial function(s) to ensure that employees adhere to established internal control standards and applicable financial policies, processes, and procedures.
Oversees and monitors citywide departmental staff performing activities related to the assigned financial function(s).
Conducts data analysis, process reviews and transaction audits to assess and verify accuracy and compliance related to the assigned financial function(s).
Participates in ICSD planned and ad-hoc special assessment projects in collaboration with Finance divisions’ staff, business process owners, subject matter experts and stakeholders and culminating in recommendations for new or revised policies, business process improvements and procedures development:
Supports analysis of the severity of control deficiencies and their impact to internal controls over financial reporting including root cause analysis, unmitigated impacts, and sustainability of corrective actions.
Participates in development and drafting of new citywide policies or revisions of existing policies to address identified gaps in compliance guidance and to establish control activities.
Assesses efficiency and effectiveness of business processes and recommends process improvements to streamline while remaining COSO compliant.
Supports business process improvement efforts to review and document priority business processes (both process narratives and process flow diagrams), assessing presence, relevance, and design effectiveness of key COSO internal…