Process Analyst (ICFR)

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This is an onsite role [#LI-Onsite]

Does the idea of working in a collaborative and face-paced environment, for a word-class retailer interest you? Reporting to Senior Manager, ICFR and Process Analysis, you will document and identify effectiveness of financial controls, as part of the Internal Controls over Financial Reporting (ICFR) program that is based on the COSO framework.

You will also support management, and provide recommendations, modifications and enhancements to financial and operational systems by understanding business objectives and analysing applications/ systems related to ICFR for e.g., SAP.

If you have an ICFR compliance mindset and an energetic personality who enjoys diving into control details, completing process and financial analysis, then this is the role for you!

About the Role

• Support evaluation of key controls for ICFR assessment cycles, responsible for strengthening the overall internal control environment related to the specified workstreams of reconciliations and attestations and general ledger chart of accounts.
• Review, assess and document existing financial controls framework, processes and controls, identifying issues / opportunities, make recommendations to enhance the financial control environment and oversee implementation of process / control changes and improvements to SAP workflows / processes.
• Liaise with control owners to update and maintain ICFR process narratives and flowcharts.
• Support maintenance and updating of Risk and Control Matrix (RACM) to identify and assess risks in addition to any improvements to strengthen controls that impact financial statements.
• Support coordination of the annual project plan and any ICFR documentation for assigned test cycle(s) via SharePoint site for annual ICFR assessment.
• Support monitoring of remediation of outstanding gaps with controls owners, providing guidance to remediate control deficiencies identified through GAP analyses and process / control assessment.

About You

• Post-secondary education in Accounting, Business Administration or Commerce is required.
• An accounting or Finance designation CPA, CA, CIA is an asset.
• Detailed understanding of audit assertions, in depth knowledge of governance, risk and compliance frameworks such as COSO 2013, COBIT and regulatory frameworks such as Sarbanes-Oxley (SOX) and NI 52-109.
• Thorough understanding of financial statement assertions and their practical application related to financial controls in a retail environment.
• 5+ years experience in internal and external audit, testing financial controls, documenting process narratives and flowcharts etc.
• 3+ years of experience in process analysis, problem solving, report writing and presentation to senior management.
• Understanding of SAP functionalities and its use.
• Strong ability to work effectively in a team environment.
• Ability to manage stakeholder expectations and communicating with various teams.
• Ability to make timely decisions based on a combination of data, professional judgment and common sense.
• Effective communication skills both written and verbal in addition to organizational and time-management skills.
• Knowledge of MS Office especially Word, PowerPoint and Visio are required along with knowledge of Excel.

We offer a comprehensive suite of benefits, including:

• Access to an Employee & Family Assistance Program
• a Defined Benefit Pension
• Discounts on products and services via Workperk.

There is a world of opportunities at the LCBO…

Join an organization where you can be challenged while achieving your true potential. A place where you can make a positive impact supporting Ontario business and communities. Discover a safe, healthy, diverse, inclusive, and accountable workplace where your wellbeing is our top priority. At the LCBO, your contributions are respected and valued. Be part of our journey as we invest in people and technology to transform an organization. There really is a world of opportunities at the LCBO.

We foster a culture of inclusion and belonging, so everyone feels valued, respected, and heard. The LCBO is an equal opportunity employer and committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility of Ontarians with Disabilities Act. If contacted for an interview or employment opportunity, please advise if you require an accommodation.

Please submit your resume via Workday by 11:59pm on the deadline date.  We appreciate your interest and advise that only those selected for an interview will be contacted.

The LCBO collects and uses the personal information you provide under the authority of the Liquor Control Board of Ontario Act, 2019, SO 2019, c 15, Sch 21, Section 3 and in compliance with the Freedom of Information and Protection of Privacy Act for the sole purpose of processing your job application.  When you click “Apply with LinkedIn” you are agreeing to share your information with our service providers engaged by us in connection with recruitment and human resources related activities.

If you have any questions concerning the LCBO’s collection and use of personal information, please contact the Freedom of Information and Privacy Office.

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The LCBO is an equal opportunity employer and committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act.