Internal Control & Compliance Manager (TOK143)
Location: Milton Park, Abingdon
Job type: Permanent
Overview of the role
The Internal Control and Compliance Manager will be responsible for ensuring a strong internal control environment for Tokamak Energy Limited and all subsidiaries, through the development of policies and procedures, ensuring their implementation and monitoring compliance.
Main duties/role and responsibilities
- Lead on Tokamak Energy Internal Control Processes and Systems implementation, aiming for SOX compliance in the US and ICFR requirements arising from the UK Corporate Reform.
- Reporting to the Group Finance Director and engaging with senior management to plan and embed the Internal Control implementation process.
- Lead and own the evolution and maintenance of the Internal Control programme to meet existing and future compliance requirements.
- Ensure methodical documentation of processes, control objectives, risks, testing plans, testing results, conclusions, and recommendations.
- Partner with process and control owners to review exiting processes, identify control risks and design new controls.
- Partner with group risk register owner to ensure that mitigating controls and systems are accurately recorded and updated in the group risk register.
- Remain up to date with changing UK, EU and US regulatory and compliance requirements to support the Group Finance Director.
- Ensure finance and other relevant line managers and staff are regularly updated and briefed on their financial control obligations.
- Provide quarterly updates for the Audit & Risk Committee.
- Drive continuous improvement and report on identified risks in each process.
- A minimum of 5 years’ experience is required.
- One or more qualification in audit, risk, finance, business, or a related field, for example, ACA/ACCA/CIMA/ICAS/ICAEW/IIA is required.
- Experience in roles within a dynamic and challenging environment, ideally within an audit / risk function.
- Demonstrable experience of supporting external or internal clients with Internal Control Processes/SOX implementation.
- Proven experience of driving an overall Internal Control/SOX programme in a leading role and reacting to changing compliance requirements where necessary.
- Understanding of how to remedy material weaknesses and other identified internal control deficiencies, and how to embed durable and sustained controls framework.
- Deep knowledge of Internal Control processes/SOX requirements, including process documentation, process narrative description, control and risk matrixes, identification of key controls, controls self-assessment, preparation of control testing and audit coordination.
- Experienced in maintaining a financial control systems and demonstrated history of pro-active, sustained engagement with business leadership and staff to embed durable control and risk management behaviours. Demonstrated confidence in active engagement and regular training of all relevant staff.
- An understanding of COSO Internal Control Framework is desirable.
- Experience in compliance with applicable UK, EU, US regulations is required.
- Good Excel skills.
- Strong communication, teamwork, problem-solving, adaptability, flexibility, leadership, conflict resolution, critical thinking, creativity, and agility skills.
- Strong people skills with the ability to engage and influence senior leaders and internal control process owners.
- Demonstrated ability leading change through cross functional teams in a fast-paced environment.
- Ability to build strong professional relationships with stakeholders.
- Excellent project and time management as well as organization skills.
- Hands-on and with the ability to work independently.
- 25 days annual leave (plus bank holidays).
- Company pension scheme after 3 months service.
- Eligible for company share option plan after 1 years’ service.
- Company bonus scheme, discretionary, dependant on company and individual performance.
- Private medical insurance after 3 months service.
- Cycle to work scheme.
No terminology in the advert or job description is intended to discriminate on the grounds of a person’s gender, marital status, race, religion, colour, age, disability or sexual orientation. Every candidate will be assessed only in accordance with their merits, qualifications and abilities to perform the duties of the job.
How to apply
If you are passionate about accelerating the development of fusion power and want to join our dynamic team, please send your CV with a covering letter detailing your experience to firstname.lastname@example.org.
Important information for candidates
Please note that the appointment of the successful candidate will be subject to standard pre-employment screening, as applicable to the post. This will include right-to-work, proof of identity and references.
Please note that any personal data submitted to Tokamak Energy as part of the job application process will be processed in accordance with the GDPR and related UK data protection legislation, for more information regarding GDPR please see: https://www.gov.uk/government/publications/guide-to-the-general-data-protection-regulation
Equality of opportunity
Entry into employment with the Tokamak Energy and progression within employment will be determined only by personal merit and the application of criteria which are related to the duties of each post and the relevant salary structure. In all cases, ability to perform the job will be the primary consideration. No applicant or member of staff shall be discriminated against because of age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation.