Gilead Sciences, Inc.
Director, SOX Compliance and Controls - Global Accounting, Advisory and Reportin
Gilead Sciences, Inc., Foster City, California, United States, 94420
Director, SOX Compliance and Controls - Global Accounting, Advisory and Reporting
United States - California - Foster City Legal & Compliance Regular
The SOX Compliance team is part of the Controllership group at Gilead and is responsible for the SOX internal controls over financial reporting. This is an audit advisory role with cross‑functional involvement with U.S. and international finance teams and business partners. Key areas of responsibility include the design of key controls (business processes, interfaces, and IT application controls), identification of audit process improvements, financial reporting risk mitigation, and remediation of control deficiencies.
As part of this unique business structure, the SOX PMO group works closely with external auditors and Gilead Internal audit teams to ensure that the global SOX audit program applies the appropriate audit scope, evaluates financial risk, develops controls over complex processes, and applies best practices. The team is also responsible for facilitating audit process improvement and leveraging technology to drive efficient and effective audits.
The SOX PMO team is currently working on a multi‑year global SAP implementation that involves the redesign of key processes, leveraging ERP enhancements, evaluation of sophisticated boundary systems, and building well‑designed control frameworks.
This role offers a very good opportunity for team members to transition from public accounting and gain in‑depth knowledge of the biopharmaceutical industry, overall accounting processes, and complex accounting areas.
Key knowledge and skills
Assessment of audit risks – inherent risk and controls risk
Understanding of appropriate audit evidence and documentation
Materiality assessments
Audit planning and coordination based on risk and complexity
Auditing of complex areas including significant estimates, areas of judgement and controls that use prospective financial information
Evaluating audit results and determining if adjustments are required due to changes in business and overall internal/external risk factors
Assessment of potential control deficiencies
Evaluation of aggregation risks
Process stabilization and overall improvement of audit strategy
Design and execution of complex management review controls
Design of management review controls and specific attributes
Evaluation of expectations (how are expectations developed and reviewed as part of the control activity)
Guiding teams on the level of appropriate evidence required for management review controls and overall level of precision
Consideration when using estimates and forecasts
Audit experience with complex accounting areas such as Gross‑to‑Net, Corporate income tax, Pharmaceutical development and manufacturing, and M&A accounting and integration
Strong technical acumen
Comprehensive understanding of US GAAP and overall accounting knowledge
Comfort and experience auditing all core audit areas (significant financial statement line items and SEC reporting disclosures)
Technical experience with SAP environment and controls consideration
Development of segregation of duties rule sets
SAP IT application controls
Design and audit of key reports
Additional considerations
Having relevant working experience on internal controls and SOX compliance (strongly prefer external audit experience – including leading complex multi‑national audit engagements)
Partnering with the business process owners during design, modification, or streamlining of processes and controls for a more efficient/effective control environment
Ensuring appropriate documentation of internal controls analysis to comply with SOX requirements and/or internal policy
Partnering with and/or becoming the liaison between business process owners and Internal Audit and External Audit during resolution of control findings
Developing and producing reports on SOX related project status, trends, and remediation of deficiencies, as needed
Partnering with IT SOX team to ensure appropriate IT controls design on current and/or future state processes
Maintaining a positive attitude and embracing change – learn new technology (SAP, data analytics, and reporting tools)
Being a self‑starter that can solve problems independently and works proactively to identify, advocate for and execute improvements
Interest in joining a fun and dynamic team
Additional considerations and experience
Bachelor's degree in business, Finance or Accounting
CPA with experience working on multinational audits is strongly preferred
Minimum 10+ years of relevant work experience
Strong planning, project management and analytical skills
Excellent leadership, communication and influencing skills
Proficiency in US GAAP and general accounting policies and procedures is required
Proficiency with Microsoft tool (Excel, Outlook, and Word) required
#J-18808-Ljbffr
The SOX Compliance team is part of the Controllership group at Gilead and is responsible for the SOX internal controls over financial reporting. This is an audit advisory role with cross‑functional involvement with U.S. and international finance teams and business partners. Key areas of responsibility include the design of key controls (business processes, interfaces, and IT application controls), identification of audit process improvements, financial reporting risk mitigation, and remediation of control deficiencies.
As part of this unique business structure, the SOX PMO group works closely with external auditors and Gilead Internal audit teams to ensure that the global SOX audit program applies the appropriate audit scope, evaluates financial risk, develops controls over complex processes, and applies best practices. The team is also responsible for facilitating audit process improvement and leveraging technology to drive efficient and effective audits.
The SOX PMO team is currently working on a multi‑year global SAP implementation that involves the redesign of key processes, leveraging ERP enhancements, evaluation of sophisticated boundary systems, and building well‑designed control frameworks.
This role offers a very good opportunity for team members to transition from public accounting and gain in‑depth knowledge of the biopharmaceutical industry, overall accounting processes, and complex accounting areas.
Key knowledge and skills
Assessment of audit risks – inherent risk and controls risk
Understanding of appropriate audit evidence and documentation
Materiality assessments
Audit planning and coordination based on risk and complexity
Auditing of complex areas including significant estimates, areas of judgement and controls that use prospective financial information
Evaluating audit results and determining if adjustments are required due to changes in business and overall internal/external risk factors
Assessment of potential control deficiencies
Evaluation of aggregation risks
Process stabilization and overall improvement of audit strategy
Design and execution of complex management review controls
Design of management review controls and specific attributes
Evaluation of expectations (how are expectations developed and reviewed as part of the control activity)
Guiding teams on the level of appropriate evidence required for management review controls and overall level of precision
Consideration when using estimates and forecasts
Audit experience with complex accounting areas such as Gross‑to‑Net, Corporate income tax, Pharmaceutical development and manufacturing, and M&A accounting and integration
Strong technical acumen
Comprehensive understanding of US GAAP and overall accounting knowledge
Comfort and experience auditing all core audit areas (significant financial statement line items and SEC reporting disclosures)
Technical experience with SAP environment and controls consideration
Development of segregation of duties rule sets
SAP IT application controls
Design and audit of key reports
Additional considerations
Having relevant working experience on internal controls and SOX compliance (strongly prefer external audit experience – including leading complex multi‑national audit engagements)
Partnering with the business process owners during design, modification, or streamlining of processes and controls for a more efficient/effective control environment
Ensuring appropriate documentation of internal controls analysis to comply with SOX requirements and/or internal policy
Partnering with and/or becoming the liaison between business process owners and Internal Audit and External Audit during resolution of control findings
Developing and producing reports on SOX related project status, trends, and remediation of deficiencies, as needed
Partnering with IT SOX team to ensure appropriate IT controls design on current and/or future state processes
Maintaining a positive attitude and embracing change – learn new technology (SAP, data analytics, and reporting tools)
Being a self‑starter that can solve problems independently and works proactively to identify, advocate for and execute improvements
Interest in joining a fun and dynamic team
Additional considerations and experience
Bachelor's degree in business, Finance or Accounting
CPA with experience working on multinational audits is strongly preferred
Minimum 10+ years of relevant work experience
Strong planning, project management and analytical skills
Excellent leadership, communication and influencing skills
Proficiency in US GAAP and general accounting policies and procedures is required
Proficiency with Microsoft tool (Excel, Outlook, and Word) required
#J-18808-Ljbffr