Director, IT Audit & Controls
About Us: DailyPay is transforming the way people get paid. As a worktech company and the industry’s leading on demand pay solution, DailyPay uses an award-winning technology platform to help America’s top employers build stronger relationships with their employees. This voluntary employee benefit enables workers everywhere to feel more motivated to work harder and stay longer on the job while supporting their financial well-being outside of the workplace. DailyPay is headquartered in New York City, with operations throughout the United States as well as in Belfast. For more information, visit DailyPay's Press Center.
The Role:We are looking for an experienced Director IT Audit & Controls to join our growing team.
Reporting to the Head of Internal Audit, you will assist with establishing and managing the company's Sarbanes-Oxley (SOX) compliance program for Information Technology (IT) controls. Your primary responsibility will be to ensure that the company's internal controls over financial reporting with respect to IT systems and applications are in compliance with SOX. You will be required to gain an in-depth understanding of our tech stack, in order to serve as a technical subject matter expert (SME) on the SOX requirements for IT controls, focusing on the relevant risks for financial reporting across all of our in-scope applications. You will work closely with the company's senior management team, R&D Engineering and Product teams, Information Security team, Sales and Implementation teams, external auditors, and other stakeholders to maintain the integrity of the financial reporting process.
If this opportunity excites you, we encourage you to apply even if you do not meet all of the qualifications.
How You Will Make an Impact:Assist management with the design of internal controls over financial reporting, especially information technology controls
Guide management on the requirements of IT controls, ensuring controls documentation defines the required precision of controls
Ensure company IT policies meet the requirements of an effective control framework and provide sufficient guidance on how to implement control procedures in practice
Ensure appropriate scoping of IT systems, databases, applications, tools, etc. for relevance and significance to financial reporting
Validation of the required and applicable IT domains and ensure the design of IT controls are sufficiently detailed to satisfy testing requirements
Continuously monitor control design and assess business and/or system changes to implement new processes and controls
Design data flow diagrams, map system interfaces, and otherwise support process and control documentation of management's technology stack
Field SOX inquiries from the business and advise on required process and control changes.
Oversee IT systems process walkthroughs and where control gaps are identified, communicate design gaps and develop action plans with management and agreed upon deadlines for remediation
Monitor remediation of deficiencies and evaluate appropriate design of controls based on review of newly implemented processes and supporting documentation
Validate the effective remediation of control deficiencies identified during testing
Assist the Head of Internal Audit with the following initiatives:
Develop, implement and maintain the SOX compliance program
Manage and oversee the testing of IT internal controls over financial reporting (ICFR)
Coordinate with external auditors and manage their SOX audit process
Conduct IT risk assessments to identify areas of potential non-compliance
Provide training and guidance to the company's employees on SOX compliance
Maintain up-to-date knowledge of SOX regulations and industry best practices
As our SOX process matures, focus on IT audits of relevance to our business and risk profile
Bachelor's degree in accounting, finance, or related field (or equivalent experience)
10+ years of experience in SOX compliance or a related field
CISA – certified information system auditor that understands IT risks and the required internal controls for information technology and system applications, especially home-grown applications
CPA or other relevant professional certification
Strong knowledge of SOX regulations and their application to public companies
Excellent communication and interpersonal skills
Ability to work independently and manage multiple projects simultaneously
Strong analytical and problem-solving skills with an ability to collaborate with the business
Detail-oriented and able to maintain accuracy in a fast-paced changing environment
If you are a highly motivated and detail-oriented individual with a proven track record in SOX compliance, we encourage you to apply for this exciting opportunity.
What We Offer:Exceptional health, vision, and dental care
Opportunity for equity ownership
Life and AD&D, short- and long-term disability
Employee Assistance Program
Employee Resource Groups
Fun company outings and events
Unlimited PTO
401K with company match