Risk and Internal Controls Manager

Your role and responsibilities

As the CFIN & BW Internal Controls lead, you will be responsible and accountable as the subject manager expert of the internal control framework covering all business processes and architectural landscape. In this role you will report to the Head of CFIN. The lead will also collaborate with internal and external auditors to ensure compliance and risk mitigation across all business processes.

The work model for the role is: #LI-Onsite

This role is contributing to the Finance Services business Finance Process Data Systems division in Bangalore, India.

You will be mainly accountable for:

Internal Controls Design & Implementation:

• Lead the design, implementation, and continuous improvement of internal controls within SAP CFIN & BW systems to ensure compliance to global standards. Coordinate with Global Process Owners Internal Control teams to define control requirements and align them with business processes in SAP CFIN & BW. Collaborate with IS internal controls teams to create standard operating procedures (SOP) for General controls. Work closely with internal CFIN & BW teams to ensure all activities are performed based on automated and general controls.

Automated and General Controls Management:

• Work with Global Process Owners and the IS team to ensure the integration and automation of controls in SAP CFIN and related systems. Oversee the implementation of automated controls, such as system-driven validations, segregation of duties, and approval workflows, to ensure proper risk mitigation. Ensure the effectiveness and efficiency of general controls (e.g., access controls, change management) in the SAP CFIN landscape.

Risk Assessment & Mitigation:

• Lead regular risk assessments, identifying control weaknesses and opportunities for improvement within the SAP CFIN, system and related financial processes. Work with relevant stakeholders to implement remediation actions, ensuring that Financial and operational risks are adequately managed. Monitor the effectiveness of internal controls and ensure they remain aligned with evolving business needs and regulatory requirements.

Collaboration with Auditors:

• Serve as the primary point of contact for both internal and external auditors regarding internal controls related to SAP CFIN. Provide auditors with required documentation and ensure that controls are tested and validated in accordance with audit standards. Address any audit findings, working closely with internal teams to resolve issues and implement corrective actions.

Governance & Compliance:

• Ensure SAP CFIN controls comply with relevant regulations, standards, and internal policies. Coordinate with internal control and compliance teams to develop and maintain documentation for audit and compliance purposes. Track and report on the effectiveness of controls, providing regular updates to management and stakeholders.

Process Optimization & Continuous Improvement:

• Partner with FPDS, CFIN and IS teams to continuously improve financial processes and the associated internal controls within SAP CFIN. Identify opportunities to streamline financial processes, reduce manual efforts, and enhance control automation within the SAP CFIN framework. Stay up to date with the latest SAP CFIN updates and industry best practices to ensure continuous improvement.

Training & Awareness:

• Develop and deliver training on internal controls, best practices, and compliance requirements to CFIN & BW teams and other stakeholders. Raise awareness of the importance of strong internal controls within the SAP CFIN environment to ensure a robust control culture across the organization. Work closely with Global Process Owners, Internal Control personnel, and IS teams to align on control objectives and processes.

Qualifications for the role

• Background & Experience: Bachelors or Masters degree in Finance, Computer Science, Information Systems, Business Administration, or a related field. Certifications such as CPA, CIA, CISA, or other relevant certifications.
• Minimum of 10+ years of experience in internal controls, auditing, or finance operations. Experience with. SAP S/4HANA, SAP Central Finance (CFIN), or SAP Financial modules Strong experience in implementing and managing automated controls and general controls in complex financial systems.
• Proven experience with SOX compliance, internal audit processes, and working closely with auditors. Deep understanding of internal controls, financial reporting, and process optimization in SAP CFIN. Proficiency in SAP security concepts, role-based access controls, and system configuration. Strong understanding of
• accounting standards. Analytical mindset with the ability to identify risks and propose effective solutions. Excellent collaboration, communication, and interpersonal skills, with the ability to work across different teams and stakeholders. A strong focus on continuous improvement and automation, with a passion for driving innovation within enterprise systems.
• Experience managing relationships with external vendors and third-party service providers to ensure the delivery of high-quality solutions. Ability to adapt to a fast-paced, dynamic environment and manage multiple priorities effectively