C

Current

Runs mobile spending, saving and credit accounts

Internal Controls Manager

Internal Audit & ControlsConfirmed live in the last 24 hours
Full-timeNew York, NY, USA

About the Job

Requirements

  • 5–7 years of experience in internal controls, internal audit, external audit (Big 4 or regional firm), or a combination of these.
  • Deep working knowledge of SOX 404, the COSO framework, and internal control design and testing.
  • Strong understanding of GAAP and financial reporting processes.
  • Comfort working with limited process documentation and building processes from scratch.
  • Prior experience at a high-growth startup or at a company transitioning from private to public.
  • Pragmatic judgment in distinguishing controls that reduce real risk from controls that create unnecessary work.

Responsibilities

  • Design, implement, and document internal controls across financial reporting, revenue recognition, procurement, payroll, and access management.
  • Build a SOX-readiness roadmap and lead SOX 404 implementation as the company approaches an IPO or other trigger events.
  • Partner with external auditors on annual financial statement audits, managing the prepared-by-client list, walkthroughs, and testing.
  • Perform regular control testing for design and operating effectiveness, and track remediation of deficiencies.
  • Assess and document key business processes, including order-to-cash, procure-to-pay, payroll, and equity/stock administration, and identify control gaps.
  • Own risk assessment by identifying financial, operational, and fraud risks and prioritizing controls accordingly.
  • Work cross-functionally with Engineering and IT on SOC 1/SOC 2 readiness, access controls, and change management controls.
  • Draft and maintain policies and procedures, including delegation of authority, expense policy, and revenue recognition policy.
  • Support due diligence efforts for fundraising, mergers and acquisitions, or other strategic transactions.
  • Educate and train process owners across the company on control requirements.
  • Recommend and help implement systems and tools, including ERP systems, GRC platforms, and workflow automation, to scale controls as headcount and transaction volume grow.
  • Write policies, procedures, and audit-ready documentation.

Desired Qualifications

  • Experience taking a company through a SOX 404 readiness process or first-year SOX compliance.
  • CPA, CIA, or CISA certification; certification is not required if experience is strong.
  • Experience with ERP systems such as NetSuite or Workday and GRC/audit tools such as Workiva or AuditBoard, or similar tools.

About the Company

Current

Runs mobile spending, saving and credit accounts

Current builds a mobile financial platform for Americans who want to manage everyday spending, save money and build credit from their paychecks. Its app combines spending accounts and cards with tools for organizing savings, moving money and accessing eligible paycheck advances, and includes custodial accounts for teenagers. Members can use the platform for purchases, transfers, cash deposits and cryptocurrency trading without visiting a branch. Choice Financial Group and Cross River Bank supply banking services, while Current earns revenue primarily from interchange fees paid by merchants when members use their cards. Current was founded in 2015 and is headquartered in New York City.

Company size
51-200
Company stage
Series E
Total funding
$472.6M
Headquarters
New York City, New York
Founded
2015

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