Fintech Financial Controls Reporting Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Acquire and document partner controls pertinent to Coastal’s ICFR requirements and align them with the Partner ICFR Framework.

• Manage partner ICFR control inventories, documentation for alternative control testing, gap tracking, and supporting evidence.

• Identify the partner control or control objective that necessitates targeted testing based on recognized control or assurance gaps.

• Create and execute targeted alternative testing procedures utilizing Coastal’s approved methodology.

• Conduct targeted testing of identified CUEC gaps.

• Perform walkthroughs of controls that are subject to testing as required.

• Gather and assess evidence that supports control design and operational effectiveness, including verifying testing populations and sample selections.

• Prepare testing workpapers that document controls, periods, populations, evidence, testing attributes, results, exceptions, resolutions, and preliminary conclusions.

• Identify control deficiencies, absent evidence, testing exceptions, or inadequate support and escalate any concerns.

• Monitor the remediation of testing exceptions and conduct follow-up testing.

• Assist the Fintech Financial Controls Manager in determining whether testing addresses identified gaps.

• Collaborate with Partner Risk and Internal Control testing teams on SOC, ITGC, CUEC, transaction, or account-level testing issues.

• Communicate testing status, exceptions, remediation progress, and potential impacts on financial reporting; support management and audit reporting.

• Liaise with BaaS/Fintech partners, Financial Controls, Risk, testing teams, management, and auditors.

⛳️ Requirements

• In-depth understanding of internal controls over financial reporting and concepts related to control testing.

• Proficient knowledge of SOX, ICFR, and the COSO framework.

• Familiarity with SOC 1 and SOC 2 reports, CUECs, ITGCs, and business process controls.

• Capability to translate control or assurance gaps into actionable, risk-based testing procedures.

• Experience in internal control testing, including evidence evaluation, sample-based testing, exception analysis, and workpaper documentation.

• Ability to differentiate between missing controls, absent evidence, inadequate testing, and lacking audit coverage.

• Strong analytical skills for evaluating evidence, identifying control issues, assessing financial reporting implications, and forming substantiated preliminary conclusions.

• Excellent written and verbal communication abilities.

• Capacity to manage multiple partner control assessments and testing assignments within designated timelines.

• Proficient in Microsoft Excel, Word, Outlook, and other control-testing documentation tools.

• Bachelor’s Degree and/or an equivalent combination of education and relevant experience.

• Over 5 years of pertinent experience in Internal Controls, SOX/ICFR, Internal Audit, public accounting, financial controls, risk management, or related control testing functions.

• Preferred experience in conducting business process control testing, alternative control procedures, or other risk-based internal control testing.

• Preferred experience with SOC reports, CUEC assessments, or ITGC audit findings.

• Experience in Fintech, Banking as a Service, financial services, or banking is preferred.

• Working knowledge of GAAP and financial reporting concepts is preferred.

• Must be able to work without employment sponsorship.

🏝️ Benefits

• Medical Coverage: Choose from three competitive medical plans.

• Health Savings Account (HSA) offering tax advantages and employer contributions.

• Flexible Spending Accounts (FSA) for healthcare and dependent care expenses.

• Dental and Vision Insurance.

• Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.

• Long-Term/Short-Term Disability (LTD).

• Supplemental benefits including Hospital Indemnity, Accident Insurance, and Critical Illness coverage.

• 401(k) retirement plan with company matching.

• Generous vacation and sick leave policies.

• 11 paid holidays throughout the year.

• Bonus offered.