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New York Power Authority Director Business Controls in White Plains, New York

Summary

The Director of Internal Business Controls is responsible for the development, maintenance and review of the Corporate Policy Program. The Director will work to ensure that the program reflects the standards and expectation on how to conduct business while achieving the Authority’s mission. Manage the oversight of the organization's documentation and periodic testing of internal controls and work with business units to assist with deficiency recommendation efforts. Provides support to the Authority’s business units to ensure the standardization of all internal policies and procedures; coordinates with the Authority’s various business units on compliance issues with an emphasis on accuracy and ensures all policies are established to support the Authority’s strategic goals. The Director will work with all of the Authority’s business units to provide risk mitigation guidance.

Responsibilities

  • Work with key members in all departments to understand the organization

  • Develop and implement a plan to ensure the implementation of best practices in accordance with industry standards

  • Oversee the development of detailed project plans to meet required objectives, including developing and implementing policies and procedures

  • Create internal consistency among policies

  • Advise the Authority’s business units on change management to ensure internal controls are adequately designed and implemented.

  • Work with the Enterprise Risk Management Group to develop/support an annual risk assessment program based on discussions and understanding of the overall operations of the Authority.

  • Ensure all internal control processes and internal policies and procedures are tested based on industry standard

  • Document and review the results of internal control tests and evaluate whether controls are working as intended and what adjustments need to be made.

  • Coordinate with the Authority’s Ethics and Compliance group to identify any potential fraud, risks of fraud, or non-compliance of internal policies and procedures.

  • Prepare analysis and periodic reports as required by the CFO, Executive Management Committee and Board of Trustees.

  • When deemed necessary, work with internal audit to conduct policy and procedure audits to ensure compliance in order to reduce risks, and support of the Authority’s internal controls and corporate governance.

  • Make on-going recommendations to improve existing business processes and corporate policies, procedures and controls.

  • Oversee the development of a training program to ensure that all Authority personnel have reviewed and understand the policies and procedures of the Authority and their responsibilities in supporting them.

  • Review performance of staff; establish work performance goals and review their individual goals each appraisal period. Recommends staff additions, promotions, salary increases, and develop the shift schedule.

  • Develop and manage a cost effective department budget.

Knowledge, Skills and Abilities

  • Strategic understanding of information management systems and experience to support business objectives

  • Prior experience in conducting risk assessment and project management is preferred

  • Ability to support strategic change to meet organizational goals and establish an organizational vision with the ability to implement it in a continuously changing environment

  • Prior experience must include experience with US GAAP Reporting

  • Sox Reporting and Control Reporting (to external auditors and management, including financial impats where applicable)

  • Ability to keep informed of new regulations and industry standards

  • Strong leadership skills and the ability to deal with all levels within the organization including senior management

  • Excellent written, oral communication, presentation and interpersonal skills

  • Ability to effectively share information and work collaboratively with business management, executive management, and Board level management in the organization

  • Strong managerial, communication and interpersonal relationship skills with the ability to work with various functional groups.

  • Ability to problem-solve and effectively operate within a large, dynamic environment with experience in senior level administrative management.

  • Ability to effectively manage and prioritize multiple projects within varying deadlines

Education, Experience and Certifications

  • Bachelor’s degree in business, accounting or finance required, advanced degree preferred.

  • CPA preferred.

  • Minimum 15 years of experience in finance, accounting, budgeting , auditing or any combination required

  • Minimum of 5 years managerial experience required.

  • Utility industry experience preferred.

Physical Requirements

Approximately 15% travel primarily in NY State.

The New York Power Authority is an Equal Opportunity Employer

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