Hi, we're Oscar. We're hiring a Director, Financial Control to join our Finance Transformation and Controls team.
Oscar is the first health insurance company built around a full stack technology platform and a focus on serving our members. We started Oscar in 2012 to create the kind of health insurance company we would want for ourselves—one that behaves like a doctor in the family.
About the role
The Director of Financial Control is an important leadership position within Oscar’s Finance organization and is an important contact for senior leaders across the enterprise. As a strategic partner, you will mature and manages the Internal Control Over Financial Reporting (ICFR) program for our organization, including Sarbanes-Oxley (SOX), Model Audit Rule (MAR), and Service Organization Controls (SOC).
You will report to the VP, Financial Transformation.
Work Location:
Oscar is a blended work culture where everyone, regardless of work type or location, feels connected to their teammates, our culture and our mission.
If you live within commutable distance to our New York City office (in Hudson Square), our Tempe office (off the 101 at University Dr), or our Los Angeles office (in Marina Del Rey), you will be expected to come into the office at least two days each week. Otherwise, this is a remote / work-from-home role.
You must reside in one of the following states: Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, or Washington, D.C. Note, this list of states is subject to change. #LI-Remote
Pay Transparency:
The base pay for this role in the states of California, Connecticut, New Jersey, New York, and Washington is: $174,400 - 228,900 per year. The base pay for this role in all other locations is: $156,960 - 206,010 per year. You are also eligible for employee benefits, participation in Oscar's unlimited vacation program, company equity grants and annual performance bonuses.
Responsibilities
- Lead a team of risk and control minded professionals to achieve the outcomes of the company’s ICFR program.
- Oversee a co-source partner through planning, scoping, control testing, and documentation.
- Work with business and process owners to educate on an excellent internal control environment and to provide support to ensure controls are designed and implemented.
- Perform process-level risk assessments to determine the control mix for each cycle and the organization.
- Lead the annual walkthrough process with controls owners and external auditors to ensure documentation reflects current business processes.
- Communicate testing results to management and agree to corrective actions,.
- Make recommendations for controls and process improvements to leadership across the organization and ensure that all agreed upon recommendations are subsequently implemented.
- Anticipate issues and work and cross functionally to resolve them.
- Deliver timely reporting to the Controller, CFO, Audit Committee, and other stakeholders.
- Work with external auditors with a goal to obtain control reliance for external audits.
- Seek standardization and automation for managing internal controls and deploy innovative technology solutions to improve the design and operation effectiveness of controls, documentation, and assessment of internal controls.
Qualifications
- Bachelor’s Degree in Finance or Accounting or equivalent experience
- 10+ years of experience in financial statement auditing, Sarbanes Oxley compliance or a combination
- 4+ years of people management
- 4+ years experience working with and presenting to senior management-level personnel.
