Internal Control Analyst

Schneider Electric has a hybrid (2 days a week in the office) opportunity for an Internal Control Analyst in Franklin, TN.

As an Internal Control Analyst, you will be part of a team of five Territory Internal Controllers for North America, focusing on ensuring the integrity of financial reporting and operational efficiency within the United States.

You will implement and maintain a robust internal control framework related to Financial Statement Risk, proactively identifying and mitigating risks, promoting a strong control culture, and providing guidance to business leaders.

Beyond financial statement risk, you will serve as the primary point of contact for local business units on overall risk management and remediation of global internal audit findings.

Your role is critical in ensuring risks within the U.S.

are controlled, gaps are highlighted for leadership, and remediation is completed.

Key Responsibilities

Financial Statement Risk Management


* Partner with key global stakeholders (Global Internal Control, Global Process Owners, Global ERP Owners, Global Internal Audit, Group Risk Management etc.) to identify and evaluate financial reporting risks within the territory's key processes.


* Design and implement robust internal controls to mitigate identified risks related to financial statement risk, ensuring alignment with global control standards and local regulatory requirements.


* Proactively identify opportunities to embed controls within existing processes and systems to enhance efficiency and reduce risk.

Internal Control Self-Assessment:


* Plan, coordinate, and administer the annual Self-Assessment process within the territory, ensuring timely completion and accurate reporting on Internal Controls over financial reporting (ICoFR)


* Analyze Self-Assessment results, Internal Audit findings, and other control testing data to identify trends, weaknesses, and opportunities for improvement of controls related to Financial Statement Reporting


* Develop comprehensive reports summarizing self-assessment outcomes, highlighting key risk exposures, and recommending corrective actions.

Compliance and Training:


* Provide expert guidance and training within the territory on internal control procedures, and best practices.


* Develop and deliver targeted training programs on specific control areas, including the Chart of Approval (CoA) process and ERP Segregation of Duties (SoD) Mitigation Control Process


* Consult with process owners on action plan development and implementation to address identified control deficiencies related to Financial Statement Risk


* Monitor action plan progress and report completion status to relevant stakeholders

Control Testing and Monitoring


* Conduct second-line testing of priority controls, including anti-corruption controls.


* Monitor control effectiveness and identify areas for improvement.

Continuous Improvement:


* Proactively identify risks that...