Business Controls Manager

As a nation, we’re working towards the goal of net zero carbon by 2050. At National Grid, we’re committed to helping Britain reach this target by building a cleaner, greener energy system. But we can’t do this alone. We're looking for people who are brimming with enthusiasm and bursting with ideas to help us build and run a cleaner energy system for the future. Are you up for the challenge?

We’re looking for a passionate Business Controls Manager to join our Risk, Compliance and Controls team to drive strategy control initiatives and collaborate with key stakeholders for control environment maturity within the Global Finance function at National Grid.

You’ll oversee the SOX compliance for the Corporate Centre and UK Business processes s, providing advisory support to management to maintain the first line control environment, increase risk assessment awareness and driving a strong controls culture.

This role can be based out of our Strand or Warwick office, and we’d hope to see you at least two days per week but you’re welcome to be in the office more often if that would work best for you. We’re happy to discuss any additional flexibility in working patterns or requirements that you feel could help to make this job work for you!

• Play a key role in assisting and coordinating our Sarbanes-Oxley (SOx) approach , including liaising with internal / external auditors and other assurance teams.
• Responsible for coordinating the risk assessment, scoping of key SOX controls, and issuing instructions to Internal Audit for their annual assurance plan for internal control over financial reporting (ICFR)
• Proactively supporting with the business to identify risks and design mitigating controls based on changes in business or regulatory impacts on financial reporting processes. 
• Drive control rationalisation and leveraging understanding of the processes to identify and embed opportunities for automation using technology (e.g., RPA, continuous controls monitoring)
• Work with key stakeholders across the organization, including finance and IT to maintain effective internal controls over financial reporting (ICFR) that are aligned with SOX requirements.
• Support day to day relationships with internal / external auditors and other stakeholders, including developing and maintaining effective communication channels and providing timely and accurate information.
• Work with 1st line control owners and performers when control remediation is required. Work closely with 1st line control owners to ensure all deficiencies are addressed in a timely manner.
• Provide internal Risk, Compliance and Control (RCC)support for delivery KPIs and control initiative roadmap activities including facilitation of Controls self-assessment (CSA) support with stakeholder comms as well as ensuring internal governance  is embedded.
• Provide advisory and consultative services to Business process and control owners on the design and implementation of controls to support proposed changes to the financial controls and IT framework.
• Provide training and guidance to employees on SOX compliance requirements, including the development and delivery of training programs.
• Preparing content and inputs in various internal Committees 
• Support 1st line control owners with maintaining Risk and Controls within GRC tool 

• A Qualified Accountant, ideally with an external audit or consulting background  
• Experience working within a financial control environment across Business and financial controls and frameworks (COSO).
• Good understanding of core financial processes
• Experience of implementing and managing ongoing compliance with Sarbanes-Oxley
• Proactive self-starter with ability to manage own workload, to time and desired levels of quality.
• Pragmatic can adapt quickly to a changing environment and can adapt approaches and utilise and align skills to different customer groups. 
• Ability to set and manage customer expectations and manage key stakeholder.  
• Experience in leveraging technology (e.g., RPA, CCMs (continuous controls monitoring) to improve overall control environment will be highly desirable.
• Experience of a regulated utility environment will be plus.
• Strong stakeholder management, influencing and collaboration skills.
• Strong results orientation
• Good working knowledge of SAP S/4HANA and Archer GRC tool highly desirable.

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply for jobs unless they meet every single qualification. At National Grid, we are committed to building a diverse, inclusive, and authentic workplace for everyone. So, if you’re excited about this role but your experience or qualifications don’t match the job description exactly, we encourage you to apply anyway. You might just be the right person for our growing business in this role or another one.
 

Up to £72,000 dependent on experience.

Plus: 
 

• Up to 15% Annual Bonus (based on personal and company performance)
• 28 days annual leave, plus eight statutory days in addition
• The option to buy additional or sell holiday days every year.
• A generous contributory pension scheme - we will double match your contribution to a maximum company contribution of 12%
• Financial support to help cover the cost of professional membership subscriptions.
• Life Insurance 10 x base salary.
• Family care benefits including a back-up care service for when your usual care arrangements fall through (six paid days each year as standard with the option to purchase further days).
• Access to apps which support health, fitness, and wellbeing.

This is a hybrid working role from our Strand or Warwick office with circa 2 days in the office. The closing date for this vacancy is Midnight 28 Jan ‘24, with interviews due to take place w/c 5 Feb onwards. We encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process. 

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

Inclusion and Diversity is not just about race, ethnicity, gender, or sexual orientation. It is about our employees who wake up every day to serve our 20 million customers. At National Grid, we aim to create an environment where everyone is welcomed for who they are and where our differences are not only accepted but are celebrated. We understand the value that a diverse team can add to our organisation and that is why we model inclusive behaviour starting with senior leadership. National Grid utilises the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities who are in the fore front of everything we do.