Internal Controls Analyst (Hybrid)

Job ID : 2960

Closing Date : 12/02/2024

This position could be located in the following location(s): NOVA Head Office - Calgary, AB; Manufacturing East Region - Sarnia, ON; Pittsburgh Corporate Admin - Pittsburgh, PA; Red Deer Executive Place - Red Deer, AB

• This position provides the option to work from home on Mondays and Fridays each week, with the requirement to report to the primary NOVA Chemicals work location on Tuesdays through Thursdays. Employees can opt out of the hybrid schedule and will be expected to work Monday-Friday from the primary work location.

Who We Are:

At NOVA Chemicals we are reshaping plastics for a better, more sustainable world. Our dedicated team of talented individuals works collaboratively to create circular plastic solutions that make everyday life safer, healthier and better. With a focus on safety, social responsibility, and environmental stewardship, we strive to constantly improve and shape the future of our industry. Join our team of talented professionals who are passionate about making a difference and be a part of our journey towards sustainability leadership. Together we can create a better, more circular tomorrow.

NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly-owned by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates.

The Role:

This role is responsible for facilitating the annual internal controls over financial reporting (ICFR) assessment program to meet assurance requirements of the Abu Dhabi Accountability Authority and other regulatory bodies. It includes performing a risk and scoping exercise, assessing the design and operating effectiveness of business process controls, evaluating findings, providing recommendations, performing data analytics, and reporting results. The Analyst, Compliance & Controls assists management in identifying financial reporting risks, defining control objectives and monitoring compliance efforts.

What You Will Be Doing:

Program Delivery:

• Design, lead and facilitate the annual scoping and execution of NOVA's internal controls assessment relied on by critical stakeholders (e.g. shareholder, external auditors, creditors, analysts, etc.) and required by regulatory bodies.
• Design, lead and execute comprehensive business process risk assessments based on qualitative and quantitative factors to determine annual program scope and garner confidence of external audit.
• Lead business process and control walkthroughs; create and maintain process flow documentation, narratives, and risk control matrices.
• Apply theoretical knowledge and practical / professional experience to understand complex business and accounting processes then independently develop and execute objective control design and operating effectiveness audits.
• Collaborate with team, network of resources and stakeholders to monitor the business process control environment for new / changing business processes, personnel, acquisitions, etc.
• Develop, communicate and coordinate timely action plans to address / act on business process changes impacting the controls environment.
• Provide subject matter expertise, coaching and recommendations specific to the design / implementation of business process controls.
• Analyse control deficiencies to evaluate severity and root cause then develop clear, concise, practical recommendations.
• Review and interpret control audits then drive timely remediation of deficiencies / findings / recommendations specific to internal controls over financial reporting.
• Routinely apply influencing skills to collect business information / intelligence, steer organization towards expected internal control standards.
• Design and present meaningful reports containing data, forecasts, findings and recommendations to business units and senior management.
• Mediate contentious issues and reach agreement on appropriate solutions.
• Drive innovation and adoption of best practices specific to Financial Reporting controls and relevant assessment techniques.
• Steer the development, maintenance, and integrity of ICFR systems (e.g. Workiva) specific to business process controls.
• Special work assignments, as determined by department priorities, that deliver value, elevate standards and improve efficiencies.

Stakeholder Management:

• Establish a high level of credibility and build professional relationships with process and control owners across the Company.
• Train leaders and process owners new to NOVA or the role on the ICFR program, its objectives and their accountabilities including any relevant regulatory requirements.
• Works with the External Financial Auditor's staff to understand NOVA processes related to ICFR and facilitates the resolution of conflicts between the External Financial auditor and leaders / process owners.
• Actively develop and maintain effective working relationships with stakeholders, business units and project teams that impact NOVA's internal controls and financial reporting.
• Work collaboratively and coaches' management and internal stakeholders on complex internal controls work, issues and deliverables.

Continuous Improvement and Professional Development:

• Continued development of your existing audit and controls related skills through on the job and formal technical training to maintain a current level of expertise relating to professional standards and emerging industry and technical developments, including COSO, PCAOB and COBIT guidance and emerging technologies and best practices

What We Are Looking For:

• University graduate in a related field with 10+ years related experience OR 14+ years combination of post-secondary education and related experience.
• 10+ years in a public accounting firm or public company with internal or external ICFR audit experience.
• Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Security Auditor (CISA) or equivalent certification will be an asset.
• Strong knowledge of Abu Dhabi Accountability Authority Resolution 1, Sarbanes-Oxley (SOX), PCAOB auditing standards, COSO and IFRS.
• Exceptional judgement and ability to communicate clearly and succinctly to effectively deliver key messages verbally and in writing and to listen and consider various perspectives; confident presentation and facilitation skills and excellent interpersonal and leadership skills to facilitate working with senior management at all levels.
• Ability to quickly understand business processes and risks, identify key controls, analyse complex situations and influence management to take appropriate actions on recommendations.
• Results oriented with a keen focus on quality and delivering value; ability to balance multiple priorities and projects; strong attention to detail while retaining focus on the "big picture" and top risks; flexible and organized with the ability to oversee multiple projects concurrently.
• Exceptional influencing, relationship building and negotiation skills; professional presence, ability to navigate within a matrix environment and influence across different areas and all levels of management.

You Can Stand Out If:

• You are passionate about your work and put care and thought into all that you do.
• You are responsible and follow through with your commitments to others and to safety.
• You are innovative and are willing to challenge your biases when problem solving.
• You are collaborative, inclusive, and work well with others towards team goals.

Additional Information:

• Relocation will be considered to the nearest geographical NOVA Chemicals' location for this position
• Compensation will be commensurate with education and experience
• This role requires up to 10% travel
• The successful candidate is required to provide proof of a valid driver's license

Why NOVA Chemicals?

NOVA Chemicals' flexible benefit programs are designed to meet the diverse needs of our employees, because when it comes to benefits, everyone has different priorities. Our benefits offerings will vary based on your work location, and are an element of the "Total Rewards" package used to reward employees.

Check Us Out Online:

• Visit our NOVA Chemicals' website
• Follow us on Twitter, YouTube, and Instagram for company news.
• Follow us on LinkedIn and Glassdoor for job updates.
• Read more on our Responsible Care® and Sustainability initiatives

All qualified applicants will receive consideration for employment without regard to age race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Accommodations for job applicants with disabilities are available on request.