About arenaflex
Welcome to arenaflex, where innovation meets integrity in the dynamic world of financial services. As a leading institution in the financial industry, we pride ourselves on maintaining the highest standards of transparency, accountability, and regulatory excellence. Our commitment to operational excellence and robust internal controls has been the cornerstone of our success, enabling us to serve millions of customers with unwavering reliability.
At arenaflex, we believe that great organizations are built on strong foundations of governance and risk management. Our Enterprise Controls and Oversight team plays a pivotal role in ensuring that our financial reporting meets the highest standards of accuracy and compliance. We are currently seeking a talented and experienced Financial Accounting Executive to join our Controls and Oversight division, where you will lead critical initiatives that safeguard our organization's financial integrity.
This is a unique opportunity for a seasoned financial professional who thrives in a complex, regulated environment and is passionate about driving excellence in internal controls. If you are looking for a role where you can make a meaningful impact, develop your career, and work with a team of dedicated professionals, we invite you to explore this exciting opportunity with arenaflex.
Position Overview
As a Financial Accounting Executive – Enterprise Controls and Oversight Specialist at arenaflex, you will serve as a key leader within our Regulatory Administration group. This role reports directly to the Chief Accounting Officer and is responsible for providing comprehensive guidance on all internal controls related to financial reporting and financial management matters. You will lead teams conducting financial reporting governance and oversight, enterprise-wide COSO business and IT controls testing, and other enterprise management and oversight capabilities.
You will be instrumental in developing and maintaining key enterprise-wide policies that govern financial reporting risk for SEC and regulatory reporting, establishing annual testing plans, and assessing the effectiveness of internal controls over financial reporting. Additionally, you will address financial reporting risks in collaborations, meetings, and risk projects with Independent Risk Management, ensuring a cohesive approach to governance across the organization.
Key Responsibilities
As a leader within the arenaflex Enterprise Controls and Oversight team, you will be responsible for the following:
- Strategic Leadership: Provide strategic leadership and vision to the Enterprise Controls and Oversight Association, defining the direction and priorities for our control framework.
- Control Program Development: Define a coordinated, comprehensive end-to-end control and testing program that meets diverse requirements, including SOX compliance and regulatory reporting, while avoiding redundancy and providing a complete assessment of the organization's financial reporting control environment.
- Team Leadership: Lead internal control teams to understand, evaluate, and improve the design and operating effectiveness of entity-level, business, and information technology controls.
- Business Partnership: Ensure that lines of business have relevant, sound, evidence-based assessments of their financial controls environment to inform their decision-making processes.
- Best Practices Implementation: Drive best practices standardization and develop a framework that can be consistently implemented across all business units and functional areas.
- Talent Development: Hire, retain, develop, and inspire a high-quality financial controls testing team, fostering a culture of excellence and continuous improvement.
- Cross-Functional Collaboration: Manage relationships with colleagues across the organization and ensure effective delivery of a full-service control and oversight model to both Lines of Business and functional areas.
- Risk-Return Balance: Maintain an appropriate balance between risk mitigation and operational efficiency, ensuring that controls enhance rather than hinder business performance.
- Stakeholder Communication: Manage communication of testing work with various constituents, including the Disclosure and Regulatory Reporting Committees, Audit Committee, and external auditors.
- External Auditor Relations: Maintain relationships with external accountants and assist with independence issues, fees, coordination of controls assessment, substantial audit work, and documentation.
Required Qualifications
To be considered for this position, candidates must meet the following minimum requirements:
- Four or more years of experience in Finance, Accounting, Treasury, Audit, Reporting, or a related field, demonstrated through one or a combination of the following: work experience, training, military experience, or education.
- Four or more years of management experience, demonstrating the ability to lead teams and drive organizational results.
- Experience with internal controls frameworks, preferably COSO-based methodologies.
- Strong understanding of financial reporting requirements and regulatory compliance in the financial services industry.
- Excellent analytical and problem-solving skills with attention to detail.
- Strong verbal and written communication skills, with the ability to present complex information clearly to diverse audiences.
Preferred Qualifications
Candidates with the following qualifications will be given preferential consideration:
- Certified Public Accountant (CPA) designation.
- Demonstrated knowledge of accounting, reporting, and internal control requirements within a large, diversified U.S. financial services institution.
- Strong understanding of current financial and regulatory requirements, including SOX compliance.
- Experience implementing COSO-based Sarbanes-Oxley internal control assessments.
- Experience working with banking, financial, and insurance regulators, as well as internal and external auditors.
- Proven ability to develop innovative solutions and drive transformational change.
- Strong analytical and critical thinking skills combined with strategic business acumen.
- Highly collaborative with demonstrated ability to lead large, complex, and diverse teams.
- Exceptional track record of delivering results in a fast-paced, dynamic environment.
- Experience working in a matrix environment and building trusted relationships with executive leadership, colleagues, and extended business and functional leaders.
- Unquestionable personal and professional integrity.
- Ability to accept constructive criticism and demand high performance from self and colleagues.
Skills and Competencies
Success in this role requires a unique combination of technical expertise, leadership capabilities, and personal attributes. The ideal candidate will possess:
- Technical Expertise: Deep knowledge of financial reporting standards, regulatory requirements, and internal control frameworks.
- Leadership Excellence: An "own it" mentality with a practitioner approach, comfortable in a fast-paced, complex environment.
- Problem-Solving: Ability to tackle issues collaboratively through open and productive discussion.
- Decision-Making: A smart, decisive, confident, and results-oriented individual with mental flexibility, creativity, analytical ability, and business intuition.
- Executive Presence: Definitive leadership with the ability to set high standards, drive execution, inspire, motivate, engage, and develop a financial organization to achieve results.
- Talent Development: Ability to recruit, mentor, and develop the next generation of financial leaders.
- Communication: Superior interpersonal skills and exceptional ability to communicate complex technical concepts to various stakeholders.
- Attention to Detail: Meticulous, responsive, and proactive approach to work.
- Clarity and Transparency: Ability to foster clarity, simplicity, consistency, and broad understanding across the business.
- Energy and Initiative: A passionate, efficient, and resourceful team player who takes accountability for deliverables and meets tight deadlines.
Career Growth and Development Opportunities
At arenaflex, we are committed to the professional development and career growth of our employees. This position offers exceptional opportunities for career advancement within the financial services industry. As a leader in our Enterprise Controls and Oversight function, you will:
- Gain exposure to senior leadership and board-level committees, expanding your professional network within the organization.
- Develop deep expertise in regulatory compliance, financial reporting, and internal controls across a diversified financial services portfolio.
- Enhance your leadership capabilities by managing a high-performing team and driving strategic initiatives.
- Access ongoing training and professional development programs, including opportunities to maintain your CPA credentials and other relevant certifications.
- Position yourself for future leadership roles within the organization, including potential advancement to Chief Accounting Officer or other senior executive positions.
Work Environment and Culture
arenaflex fosters a collaborative, inclusive, and performance-driven work environment where diversity is valued and celebrated. Our culture is built on a foundation of integrity, accountability, and mutual respect. We believe in empowering our employees to make meaningful contributions while maintaining a healthy work-life balance.
As part of our team, you will enjoy:
- A supportive and inclusive workplace that encourages diverse perspectives and innovation.
- Access to cutting-edge tools and technologies that support efficient and effective work performance.
- A culture that promotes continuous learning and professional growth.
- Flexible work arrangements, including remote work options, to support your productivity and well-being.
- Regular engagement with cross-functional teams and senior leadership, providing broad visibility into the organization's operations and strategy.
Compensation and Benefits
arenaflex offers a competitive compensation package that reflects the seniority and importance of this role. The hourly rate for this position ranges from $25 to $35 per hour, depending on experience and qualifications. In addition to competitive pay, arenaflex provides a comprehensive benefits package that includes:
- Health, dental, and vision insurance coverage.
- Retirement savings plans with company matching contributions.
- Paid time off and holidays.
- Professional development and tuition reimbursement programs.
- Employee assistance programs and wellness resources.
- Various perks and discounts available to arenaflex employees.
Join Our Team
Are you ready to take the next step in your career and make a lasting impact at arenaflex? We invite you to apply for this exciting opportunity to join our Enterprise Controls and Oversight team. This is your chance to be part of a prestigious organization that values excellence, integrity, and innovation.
At arenaflex, we are committed to building a diverse, equitable, and inclusive workplace where every qualified candidate has an equal opportunity to succeed. We welcome applications from all qualified individuals regardless of race, color, religion, sex, national origin, age, sexual orientation, gender identity, genetic information, disability, pregnancy, marital status, protected veteran status, or any other status protected by applicable law.
Don't miss this opportunity to grow your career with a leader in the financial services industry. Apply today and become part of the arenaflex team, where your skills and expertise will be valued, and your contributions will make a difference.
We look forward to welcoming you to arenaflex!