IT SOX Specialist - 515518

Job ID:515518Location:CHATTANOOGA, TNRegular/Temporary:Regular

External - Posting Description

IT SOX Specialist - 515518

Organization: Chief Financial Officer

Department: Sarbanes-Oxley

Location: Chattanooga, Tennessee or Knoxville, Tennessee

Position Mobility: This is a hybrid position.

Relocation: Relocation benefits are not offered for this position.

Posting Open: 11/09/2023

Posting Close: 12/09/2023 at 11:59pm EST

Salary: Competitive

The ideal candidate will have strong IT audit and Sarbanes-Oxley controls experience with system implementation and upgrade experience.

Position Purpose:

Serves as the most senior analyst for active participation in the SOX testing of financial controls related to business process functions. This position will assist the SOX Director and SOX Manager in the review other staff members testing documentation and work products. Additionally, will assist in completion of annual scoping and risk assessment activities which drive developing methodologies for overseeing relevant SOX assurance related to financially significant areas. Requires significant interaction and coordination with the external auditors, TVA management, and other oversight parties such as the Office of the Inspector General (OIG). The position will play a key role in the reporting and presentations to Management, and in IT system implementations and upgrades, and the quarterly and annual certification by the CEO and CFO.

Principal Accountabilities:

1. Responsible for the testing and/or review of the most complex company-wide accounting procedures and controls that serve as a primary safeguard of assets and the reliability of financial records including oversight and authorization of financial transactions, application of accounting and reporting procedures, and design and analysis of processes to accurately record and report the financial position of TVA in accordance with Sarbanes-Oxley and other SEC guidelines

2. Assists other SOX analysts with testing activities, and reviews work products from all phases of testing. Communicates testing results directly to TVA’s external auditor, internal control owners, and TVA Management.

3. Stays abreast of SEC rules and interpretations for implementation of the Sarbanes-Oxley Act; professional standards and guidance from authoritative sources, such as the AICPA, IIA; and industry best practices for internal control assessment. Consults with end-users on action plans to remediate control gaps and process improvements.

4. Maintains a close working relationship with TVA’s external auditor and the OIG to ensure that expectations for a positive attestation are met with respect to the extent of testing, documentation, test results interpretations, and control weakness remediation.

5. Coordinates testing and monitoring plans for optimal risk mitigation and efficiency.

6. Exercises autonomy in identifying risk and advising senior-level management who rely on the training, experience, and judgment of the incumbent for the interpretation and application of accounting controls and the impact on TVA’s goals, objectives, results of operations and financial performance. Situations and issues are generally unique in nature and precedent setting.

7. Coordinates with TVA’s external auditor to ensure that expectations are met with respect to the extent of testing, documentation, and control weakness remediation.

8. Provides credible and objective guidance to TVA management on accounting and control issues based on knowledge of Generally Accepted Accounting Principles, an internal control framework such as COSO, and TVA accounting policies and procedures.

   Minimum Requirements:

   Education— A Bachelor’s Degree in accounting, finance, information systems, business or a related degree; or equivalent education, training and experience. A Master’s Degree is desirable.

   Experience— Six plus years of experience in relevant internal control assessment, COSO compliance, auditing and process analysis experience. Electric utility experience a plus. Must have specific knowledge and/or experience with corporate governance laws particularly Section 404 of the Sarbanes-Oxley Act, Generally Accepted Accounting Principles, financial statements, audit techniques, COSO framework, business leadership, consulting, and application of solutions to business problems/issues. Demonstrated ability to work effectively with employees, operations, consultants and customers.

   Certification/License, etc— Continued professional development necessary to obtain professional certifications (such as CPA or CIA) will be expected.

   Knowledge/Skills/Abilities— Strong accounting, compliance, and/or information systems background is required for this position, along with experience in internal control assessments under the COSO control framework. Public Accounting firm experience is preferable. Audit experience related to SEC clients desired. Must be proficient in the use of spreadsheets, word processing, data analysis and graphics to prepare accounting justifications, presentations and proposals. Requires good communication skills and the ability to make presentations to senior-level management. Must be willing to seek out and be assigned the most difficult tasks and successfully meet the challenges. Must exhibit an ability and desire to perform at a higher level through professional development and self-initiative. Candidate may be required to obtain and maintain a security clearance based on position / access requirements and essential job functions.

Equal Employment Opportunity

TVA values and embraces diversity. We encourage all individuals to apply regardless of race, color, national origin, ethnicity, gender, sex, abilities/disabilities, sexual orientation, religion, veteran status and age. We strive to be inclusive of all the people we serve across the Valley.

TVA is an Equal Opportunity employer and complies with all applicable laws and regulations regarding equal employment opportunities. Any applicant or employee who believes s/he has a discrimination claim (including harassment or retaliation) must contact TVA’s Equal Opportunity Compliance office within 45 calendar days of the event or action s/he believes to constitute discrimination, harassment, or retaliation.

Drug-Free Workplace

All TVA Non-Nuclear employees are covered by TVA's Federal Drug-Free Workplace Program Plan, in accordance with Executive Order 12564, Public Law 100-71 and the Mandatory Guidelines for Federal Workplace Drug Testing. Information regarding the Drug Free Workplace Program can be found atwww.samhsa.gov/workplace. TVA Non-Nuclear employees in Testing Designated Positions, including those performing safety-sensitive duties are also subject to random drug testing. TVA Nuclear employees are subject to random alcohol and drug tests in accordance with 10 CFR Part 26 as mandated by the Nuclear Regulatory Commission (NRC).

How to Claim Vet Preference

If you are requesting to be considered as a preference-eligible veteran as outlined in the application process, you must submit your military documents before the posting close date indicated above. Be sure to include all supporting documentation: Form DD214 (member 2 or member 4 copy), a Veterans Disability Rating Letter from the VA (if applicable), and a completed form TVA 3595. If you will not get your DD214 until you are separated or retired, you can request a Statement of Service through your military personnel office. The Statement of Service must list your dates of military service, character of service, expected date of separation and any service-connected disability rating that you have been awarded from your branch of military service. Please submit your military documents each time you apply for a position.

How to Submit Documentation:

• Upload documents in Step 8 of the application process.

• Email documents to[email protected]

  More information about preference eligibility and a link to form TVA 3595, can be found athttps://www.tva.gov/Careers/Claiming-Veteran-Preference. If you have a question about preference eligibility, please email [email protected] .

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