Senior Manager SOX Financial Controls

Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
United States, Texas, Dallas
Mar 27, 2025
Senior Manager of Financial Controls The Enterprise Reporting Controls & Governance Group is responsible for Comerica's compliance with the provisions of Section 404 of The Sarbanes-Oxley Act of 2002 ("SOX"), and ultimately, providing certification that our internal control environment is operating effectively. The group reports administratively to the Chief Accounting Officer and works closely with key stakeholders across business units, corporate functions, technology, and the second and third lines of defense. The Senior Manager, Financial Controls is responsible for the management and execution of the SOX program related to financial controls and key business processes. Position Responsibilities: Lead the transformation of the Enterprise Controls and Governance group and play a critical role in the refinement of the SOX program. Act as a change manager for continual improvement of the internal control environment. Sponsor or lead special projects related to department operating practices and/or emerging control matters impacting the organization. Perform SOX scoping and risk assessment, proactively monitoring changes that may impact the design and/or operating effectiveness of internal controls. Assist in the strategic direction of the group, including SOX program methodology, policies, templates, and procedures and provide recommendations for changes. Partner with Business Process Owners/Control Owners and provide walkthroughs of significant in-scope processes (both process narratives and process flow diagrams). Assess the appropriateness and completeness of keys risks and controls. Provide guidance, oversight, and review of testing of key controls, including design effectiveness assessments and operating effectiveness testing. Analyze the severity of control deficiencies, and their impact to internal controls over financial reporting. Create and deliver reporting on status and internal control related topics to executive leadership. Oversee coordination between internal team members, internal and external auditors, and system/control owners to ensure cohesive and collaborative execution. Facilitate group-wide training to interested and impacted stakeholders to ensure compliance with the SOX program office policies/procedures and regulatory standards. Review testing approach and align expectations with external auditors to ensure documentation and testing complying with industry standards (including PCAOB) and allows for reliance by the external auditors. Job Specific Knowledge/Skills: CPA required. Other preferred certificates: CIA, CISA Deep understanding of risk management methodologies, frameworks, and principles (e.g., SOX and COSO) Strong learning ability to quickly understand and connect key concepts and dependencies Project management skills and a desire to drive sustainable change Strong interpersonal skills, with an emphasis on teamwork, collaboration, initiative, and integrity Detail oriented and the ability to prioritize and deliver in a deadline-driven environment Experience managing a team consisting of internal and outsources resources, including reinforcing performance in others, and facilitating their skill development Proficiency with Microsoft Office, VISIO Qualifications: Bachelor's Degree OR 4 years of relevant experience 7 years of experience in public accounting or large company auditor leading SOX program support/execution, Big 4 preferred 1 year of experience utilizing Microsoft Office applications Required CPA certification (Certified Public Accountant) Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: 8:00am - 5:00pm Monday - Friday. This position offers a hybrid work model that includes onsite and remote days as determined by the manager. Salary: To Be Determined Based on Individual Experience About Comerica We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure. Upon offer, Comerica conducts a comprehensive background and fingerprint check. NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act. Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.