Accounting Audit Manager, Financial Controls & Regulatory Assurance
Job Location:
Norfolk, MA - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
City/State
Norfolk VAWork Shift
First (Days)Overview:
Position Summary
The Audit Manager Financial Controls & Regulatory Assurance is responsible for leading and overseeing regulatory compliance testing internal control assessments audit support activities and operational risk monitoring across the organization. This role manages the Model Audit Rule (MAR) testing program coordinates Service Organization Control (SOC) report reviews supports external audits directs termination access review processes and provides leadership for regulatory and operational compliance initiatives.
The position serves as a key liaison between business areas external auditors regulatory stakeholders and senior leadership to ensure internal controls are effectively designed operating as intended and appropriately documented. The Audit Manager also provides staff leadership audit methodology oversight reporting and continuous improvement support for audit and compliance processes.
Essential Duties and Responsibilities
Regulatory Compliance and Model Audit Rule (MAR) Program Management
Develop maintain and administer the annual Model Audit Rule (MAR) testing program and related testing schedules.
Monitor testing progress and adjust schedules priorities and resource assignments as necessary.
Oversee maintenance of MAR methodologies testing guides procedures templates and supporting documentation.
Ensure accurate and consistent documentation of control testing risk assessments process narratives process maps and Risk Control Matrices (RCMs).
Review testing workpapers and audit documentation to ensure quality completeness and compliance with established standards.
Evaluate testing results and assess control deficiencies exceptions and remediation activities.
Compile and maintain MAR testing exception reporting for executive leadership and governance committees.
Coordinate MAR-related activities with internal stakeholders and external audit partners to avoid duplication of testing efforts.
Participate in MAR testing engagements and provide technical guidance to audit staff.
- Bachelors Level Degree Required
- CPA Preferred/not required
- Other Preferred Qualifications:
- Certified Internal Auditor (CIA)
- Certified Information Systems Auditor (CISA)
- Certified Risk Management Assurance ( CRMA)
- 5 years required Accounting/Finance experience required
- Internal audit/regulatory compliance risk management financial controls public accounting or related field strongly preferred
- 1 year of Management or Supervisory experience required
- Healthcare insurance managed care or financial services industry experience
- Experience with Model Audit Rule (MAR) SOC reporting NAIC requirements ORSA or similar regulatory frameworks
Remote position (VA geographic area preferred)
Compensation Range: $107266- $122637
We provide market-competitive compensation packages inclusive of base pay incentives and benefits. The base pay range for full-time employment is $107265.60 - $165568.00 annually. Additional compensation may be available for this role such as shift differentials standby/on-call pay overtime shift premiums extra-shift incentives or bonus opportunities. Compensation within the range may vary based on qualifications experience location market conditions and business needs. Note: If an annual salary is posted it is based on a full-time colleague working 2080 hours annually.Benefits: Caring For Your Family and Your Career
Medical Dental Vision plans
Adoption Fertility and Surrogacy Reimbursement up to $10000
Paid Time Off and Sick Leave
Paid Parental & Family Caregiver Leave
Emergency Backup Care
Long-Term Short-Term Disability and Critical Illness plans
Life Insurance
401k/403B with Employer Match
Tuition Assistance $5250/year and discounted educational opportunities through Guild Education
Student Debt Pay Down $10000
Pet Insurance
Legal Resources Plan
Colleagues have the opportunity to earn an annual discretionary bonus ifestablished system and employee eligibility criteria is met.
Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30000-member workforce. Diversity inclusion and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.
In support of our mission to improve health every day this is a tobacco-free environment.
For positions that are available as remote work Sentara Health employs associates in the following states:
Alabama Delaware Florida Georgia Idaho Indiana Kansas Louisiana Maine Maryland Minnesota Nebraska Nevada New Hampshire North Carolina North Dakota Ohio Oklahoma Pennsylvania South Carolina South Dakota Tennessee Texas Utah Virginia Washington West Virginia Wisconsin and Wyoming.
Required Experience:
Manager
About Company
Sentara Health, is an integrated, not-for-profit health care delivery system in Virginia and North Carolina. Sentara improves health everyday.
