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Full Time Job

Sr Director, Sox Internal Controls

Buzzfeed

New York, NY 07-25-2024
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  • Paid
  • Full Time
  • Executive (10+ years) Experience
Job Description
About BuzzFeed, Inc.

BuzzFeed, Inc. (Nasdaq: BZFD) is home to the best of the internet with a mission to spread joy and truth. Across entertainment, news, food, pop culture, and commerce, our brands drive conversation and inspire what audiences watch, read, and buy now - and into the future. Born on the internet in 2006, BuzzFeed, Inc. is committed to improving it: providing trusted, quality, brand-safe entertainment to hundreds of millions of people; making content on the internet more inclusive, empathetic, and creative; and inspiring our audience to live better lives.

Business Area: Administrative
Job Category: Accounting and Finance
Salary: $210,000.00- $230,000.00 USD
Union Status: Non-Union

BuzzFeed Inc. is committed to fair and equitable compensation practices. We reserve the ability to adjust the final compensation for this role based on the final candidate's experience, skillset, certifications, and geography.

The Role

The Sr Director, SOX Internal Controls is responsible for leading the overall SOX implementation function for the organization. The Sarbanes-Oxley Act is a significant regulatory requirement, which requires management to document, assess and make representations about the effectiveness of its internal control structure surrounding financial reporting. Participation in this requires an understanding of internal control activities, interpretation of the regulation, and coordination of activities across the division.

The position reports to the CFO. This role is office-based at least twice a week in New York City.

You Will
• Provide framework for overall financial risk and control framework and governance over SOX processes
• Develop and implement policies and procedures as it relates to the various work streams within the group
• Identify, document and assess key risks and controls across Finance and Operations, as well as work with the business areas to institute proper controls and remediation strategies including scoping methodology and process mapping.
• Develop, execute and review narratives, risks assessments, and test plans to assess the effectiveness of internal controls
• Propose recommendations for changes to address root cause of issues and participate and implement agreed upon remediation plans
• Identify gaps between implemented controls and key risks and recommend remediation actions
• Track metrics and coordinate reporting to project working groups, steering committees, senior management, internal audit, and external auditors
• Manage and coordinate with the Information Technology SOX lead to lead synergies across both business and IT SOX functions
• Lead annual fraud questionnaire initiatives and issue memos summarizing the results
• Execute high-profile special projects in partnership with Financial leadership and/or executive management

You Have
• Bachelor's Degree
• 12+ years of experience in audit or related field
• CPA preferred
• Experience in implementing and executing an initial SOX compliance program is strongly preferred.
• Deep understanding of internal control design and testing concepts, and practical experience with performing internal audit assessments
• Excellent written and verbal communication skills, including delivering difficult messages
• Experience leading and cultivating direct reports and other colleagues
• Experience in communicating with senior management, Board of Directors, and Audit Committees
• Demonstrated risk assessment and management skills

''If you need assistance or an accommodation due to a disability, you may contact us at applicationhelp@buzzfeed.com. Requests received for non-disability related issues, such as following up on an application, will not receive a response.''

Life at BuzzFeed, Inc.

We celebrate inclusion and are committed to equal-opportunity employment. We are proud to be an equal-opportunity workplace. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on age, race, gender, color, religion, national origin, sexual orientation, gender identity, veteran status, disability, or any other protected category.

You can expect:
• A supportive, inclusive atmosphere on a team that values your contributions.
• Opportunities for personal and professional growth through work experience, offerings from our in-house Learning Team, our Employee Resource Groups, and more.
• An attractive and equitable compensation package, including salary.
• A well-rounded benefits program featuring paid time off, unlimited sick time, comprehensive medical benefits, a family leave policy, access to mental health platforms, retirement plans, health and wellness discounts, and much more.

Jobcode: Reference SBJ-re6e51-18-119-128-77-42 in your application.

Salary Details
Salary Range: $210,000 to $230,000 Per Year ($ USD)
Company Profile
Buzzfeed

BuzzFeed is the world's leading tech-powered media company, with a cross-platform news and entertainment network that reaches hundreds of millions of people globally.