Senior Associate – ICOFR (Internal Control over Financial Reporting)

Company Description Fotria is a dynamic and innovative company driven by a team of experienced and passionate professionals. Established to provide exceptional services to clients, Fotria specializes in Good Corporate Governance (GCG), Risk Management, Internal Control, Internal Control over Financial Reporting (ICOFR), Internal Audit, and Procurement Excellence. We are committed to addressing the needs of our clients by embracing advancements in the digital landscape. Fotria aims to deliver impactful solutions that promote responsible and effective business practices.

Job Description As a Senior Associate, you will be actively involved in Internal Control over Financial Reporting (ICoFR) engagements for banking institutions. You will work closely with project managers and clients to design, implement, test, and report on the effectiveness of internal controls over financial reporting.

Key responsibilities include: 1. Support the development of ICOFR policies, procedures, and work instructions in accordance with applicable regulations and best practices. 2. Prepare working papers for Significant Accounts, Significant Business Processes, and Significant Locations based on audited financial statements 3. Design and document Business Process Models (BPM) for key processes. 4. Develop Risk Control Matrix (RCM) for: Entity Level Controls (ELC), Transaction Level Controls (TLC), IT General Controls (ITGC). 5. Facilitate socialization and validation sessions of BPM and RCM with management and control owners. 6. Provide assistance to First Line in performing Control Self-Assessment (CSA). 7. Support Second Line in Test of Design (TOD) and Third Line in Test of Operating Effectiveness (TOE). 8. Perform testing over remediation actions and evaluate post-remediation control effectiveness. 9. Assist in preparing reports on ICOFR design and operating effectiveness testing results.

Qualifications * Bachelor’s degree in Accounting, Finance, Business Administration, Information Systems, or related fields. Minimum 2–3 years of experience as an Auditor or Consultant, preferably in public accounting firms or consulting environments. * Strong expertise in Internal Control, ICOFR, Risk Management, and Internal Auditing. * Analytical and problem-solving skills with attention to detail. * Able to work independently as well as in a team environment, with strong time management skills. * Proficiency in report writing, documentation, and presenting findings to stakeholders. * Excellent communication and interpersonal skills to work collaboratively with diverse teams.