Internal Control Analyst

Overview The Internal Control Analyst will play a key role in supporting the strengthening of ForHealth’s internal control framework. The role involves testing controls, enhancing compliance, and ensuring operational efficiency through process automation, data analytics, and best-in-class internal control practices. The Analyst supports the Internal Control Manager in executing control testing, spot reviews, remediation tracking and reporting activities. Responsibilities Supports the Internal Control Manager in executing the department workplan Perform internal control testing to assess effectiveness and recommend corrective actions where needed. Conduct routine and ad hoc spot reviews of selected transactions, reconciliations and control activities Develop preventive, detective, and corrective control mechanisms across financial & operational processes. Conduct risk-based evaluations of internal controls over financial reporting, operations, and compliance to identify vulnerabilities and recommend improvements. Assist in the process reviews and re-engineering of workflows to improve efficiency and reduce control failures. Monitor key risk indicators (KRIs) to detect emerging control risks and ensure timely mitigation Identify and automate manual processes to reduce inefficiencies and control lapses. Assist in the developing and review of company policies and procedures to reflect evolving regulatory requirements and organizational needs. Assist in the monitoring and review of outstanding internal control remediation plans. Document exceptions, gather support, and prepare draft findings for review by the Internal Control Manager. Follow up with process owners on remediation status and assist in tracking open items to resolution Support preparation of reports, dashboards and control metrics for management review Escalate overdue or high-risk items to the Internal Control Manager Assist in coordinating internal audits and external audit engagements. Prepare monthly journal entries and assist in the monthly close process, including reviewing and submitting for approval as well as assisting staff accountants with questions regarding back up documentation Provide accounting analysis and support to departments as required Provide support to team members through cross-training Identify improvements to financial controls and reporting Perform other related duties as assigned Qualifications Bachelor’s degree or equivalent in Business Administration, Finance, or a related field. 1-3 years Audit experience Excellent analytical, problem-solving, and organizational skills. Strong written and verbal communication skills, with the ability to present complex information clearly. Ability to work independently and collaborate across multiple teams. Experience with control testing, reconciliations, and data analysis Additional Information Preferred Qualifications: Professional certification (e.g., Certified Compliance & Ethics Professional (CCEP), Certified Risk Management Professional (CRMP), or similar). Experience designing compliance training programs and internal controls. #J-18808-Ljbffr University of Massachusetts Medical School