Business Controls Director

Job Description

This newly created position will play a critical role in overseeing and ensuring the effectiveness of internal controls across the Texas Life organization. This position will be a key role within the company and will help monitor and implement controls in order to institute best practices, prevent financial loss and protect against fraud. 

\n

\n

What's in it for you?

\n

\n

\n
• With us, you'll be able to achieve the work/life balance you're looking for, with a competitive compensation and benefits package.
\n
• Our benefits include tuition reimbursement, paid maternity leave, professional development, 401k with company match and profit sharing, and participation in two bonus programs.
\n

\n

\n

Major Responsibilities:

\n

\n

\n
• Become the expert of Texas Life’s control environment and the current key control framework.
\n
• Assist the business with new initiatives, including new system conversions / implementations / updates, changes in processes and procedures, new accounting standards, and various special projects by:
\n
• Assessing Operational Controls and ICFR / MAR impact, control analysis, identify control gaps, help design, test and implement new controls, and ensure appropriate controls documentation.
\n
• Lead the execution of management’s ICFR / MAR risk assessment and scoping activities to ensure proper risk identification, process mapping, and controls linkage for a sustainable internal control framework.
\n
• Contribute to the continued enhancement of the ICFR / MAR program structure, governance, and operating model, including recommendations for both controls and processes.
\n
• Stay up to date on internal and external changes that may impact the design or operation of controls and partner with the appropriate stakeholders to assist with making changes.
\n
• Lead the remediation plans for control deficiencies identified in Operations, IT and Finance, including documentation of management’s control assessment and coordination / communication of conclusions to senior management and internal / external auditors.
\n
• Support the business during the auditor’s execution of business process walkthroughs and internal control testing.
\n
• Keep current on best practices and latest thinking regarding processes and controls through active participation in industry forums and roundtables.
\n
• Act as a trusted advisor, fostering strong relationships across departments, as well as internal and external auditors.
\n

\n

\n

Qualifications:

\n

\n

\n
• Minimum of 7 years of experience in a control related role, with preference for candidates with audit management experience, and experience in internal audit or public accounting.
\n
• Life Insurance operations experience, preferably in an audit capacity; ICFR and/or MAR experience is a plus.
\n
• Strong knowledge of US Statutory accounting principles; GAAP experience a plus.
\n
• Agile implementation experience, including Agile audit experience, a plus.
\n
• Self-starter with strong analytical capabilities, good organization and project management skills, with the ability to consistently meet deadlines
\n
• Strong interpersonal and communication skills.
\n
• Proficient in Microsoft Office Suite, particularly Excel and SharePoint
\n
• Strong interpersonal skills
\n

\n

\n

Required Education / Certifications:  

\n

\n

Bachelor’s degree in Accounting / Finance or related field.

\n

CPA, CIA, or CISA preferred

\n

\n

Location of Position:

\n

Waco, Texas – Work in this position must be performed onsite.

\n

\n

Base salary/hourly rate range for this position in Texas is between $150,000 and $170,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training and experience.

\n

\n

To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Texas Life employees unless you have been requested to work on this position or other positions with Texas Life; please reach out to your main point of contact. Texas Life is not responsible for any fees related to unsolicited resumes.

\n

\n

\n

Texas Life is an Equal Opportunity Employer

\n

\n

Texas Life Insurance Company strives to attract, develop, and retain a diverse workforce.

\n

We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported.

\n

\n

Our commitment to inclusivity is reflected in the safeguards, policies and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination.

\n

\n

A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about accommodation will be treated as confidential.