Your mission
Maintain a robust Internal Control over Financial Reporting (ICFR) system, ensuring compliance with SOX regulations and any other applicable standards, the reliability of financial information, and the appropriate mitigation of relevant risks affecting the above objectives.
Key Responsibilities:
Key Responsibilities:
- Lead the internal control framework of the Elawan Group with respect to financial information and its reporting to stakeholders, in line with international standards such as SOX, COSO, etc.
- Take a key role in the definition, implementation, and ongoing maintenance of policies and procedures that regulate relevant operations impacting financial information, and that describe the flow of the processes carried out within them, including the appropriate control activities to prevent or mitigate risks of errors or irregularities.
- Keep SOX documentation updated (flowcharts, risk‑control matrices, and narratives), establishing the necessary procedures for doing so and leading coordination between the involved parties as needed (operational areas, CFO, Internal Audit, others), thus ensuring a dynamic internal control system highly adaptable to any relevant changes in the Elawan Group’s environment, its strategy and business plan, structure, processes, or systems, as well as any other aspect with potential impact on the Group’s financial information.
- Design, implement, and execute control activities directly assigned to the Internal Control area.
- Monitor the implementation of control improvements identified by any stakeholders, whether operational areas, Internal Control, Management, Internal Audit, external auditors, ORIX, or others. Provide active support to operational areas and control owners regarding the implementation of these improvements.
- Prepare periodic reports for the CFO and other stakeholders, as needed, on the health status of the internal control system, existing weaknesses/vulnerabilities together with their root cause, priority and action plan, results of SOX documentation updates, and any other required topics.
- Collaborate closely with Internal Audit (3rd line) and other assurance and audit areas, acting as the main point of contact for internal control and SOX matters, serving as a liaison between them and the operational areas (1st line), with the objective of maintaining a robust and flexible internal control system that resolves any identified weaknesses or incidents as efficiently and effectively as possible.
- Maintain good collaboration and coordination with the IT area regarding SOX documentation applicable to the IT domain (ITGCs – ITACs), ensuring consistency with process areas impacting financial information.
- Promote a culture of control, compliance, and continuous improvement throughout the Elawan Group.