Sarbanes Oxley (SOX) Leader, General Manager

COMPANY DESCRIPTION

About BW Group

BW Group is a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 450 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, biofuels and water treatment. BW is proud to be listed as one of Forbes World's Best Employers 2023.

Are you ready to make an impact?

What drives us is our mission to deliver energy for the world today, and to find solutions for tomorrow. If you want to make lives better around the world by providing access to energy, while working on sustainability and decarbonisation, we'd like to hear from you. Working at BW you will feel the pulse of the world each day. If something happens in the world, we feel it, and you can play your part by anticipating and responding to it. Our high-performing teams are drawn to BW by the global nature of our work and the satisfaction of working with collaborative people who inspire each other to deliver exceptional results.

RESPONSIBILITIES

BW Group is seeking an experienced SOX Compliance expert to lead our SOX Team. The SOX Team is responsible for ensuring compliance with the Sarbanes-Oxley Act and as such oversees governance for internal control over financial reporting (ICFR).

The General Manager position is responsible for the management and execution of the SOX programme for the entire BW LPG Group and Hafnia Group ( collectively Groups). This position reports to the respective Audit Committees and administratively to the EVP Compliance of BW Group. This highly visible role will work closely with senior management as well as cross-functional leaders throughout the Groups.

Key Responsibilities:

• Assist respective Management with evaluating design of controls, including acting as a liaison with Business Process Owners (BPOs) to ensure SOX documentation (key risks and related controls, policies and procedures and other internal control documentation) is complete and up to date
• Drive process and control changes by working with BPOs in order to gain controls effectiveness and to improve the control environment in general
• Review the annual SOX Scoping, Planning Materiality and Risk Assessment and proactively monitor changes that may impact the design and/or operating effectiveness of ICFR
• Oversee coordination between Internal and External Auditors, and BPOs to ensure cohesive and collaborative execution of the annual evaluation of ICFR and reporting to those charged with governance
• Ensure control preparer/reviewer/owner responsibilities are transitioned timely and appropriately, when needed, to ensure adequate segregation of duties, proper supervisory reviews and adequate skills with respect to ICFR
• Monitor on a quarterly basis and review the results of control deficiencies identified for management remediation
• Identify and communicate ICFR changes to respective Management, and the respective Audit Committees
• Oversee the execution of annual walkthroughs of scoped-in business processes and Information Technology General Controls (ITGC) to ensure effective evaluation of the design of ICFR and update all relevant SOX documentation in Risk Control Matrices and Flowcharts
• Assist IT manager with identification and documentation of ITGC, Information Technology Application Controls (ITAC), and business process controls, mapping them to the relevant process flows
• Oversee the design and deployment of audit procedures and techniques for technical / IT areas such as segregation of duties and critical access, ERP configuration controls and other related areas
• Assess the severity of Control Deficiencies
• Work with BPOs to develop remediation plans for Control Deficiencies and monitor the remediation status of such plans
• Coordinate and assist BPOs with the assessment of adequacy of ICFR of SOC-1 certifications to formally evaluate ICFR at third-party service organisations
• Stay informed of changes in legislation, accounting standards and regulatory guidance which impact ICFR, including reviews of PCAOB reports of External Auditors
• Attend key management committee meetings to stay informed of business changes that may impact the Group's ICFR, including meetings with the C-suite

• Chartered Accountant or Certified Public/Practicing Accountant or Certified Internal Auditor with a Big 4 Public Accounting firm is strongly preferred
• Minimum 10+ years of relevant work experience
• Previous experience with developing and managing Audit Team members
• Experience with assessing the design of controls and executing SOX compliance programs for a multinational corporation
• Strong background in public company SOX compliance requirements, accounting standards and financial reporting processes, including a solid understanding of the concepts of control design and operational effectiveness
• Strong knowledge/experience with the Public Company Accounting Oversight Board (PCAOB) requirements, International Financial Reporting Standards (IFRS), and the Committee of Sponsoring Organisation of the Treadway Commission (COSO) Framework
• The ability to quickly develop strong working relationships with BPOs and Senior Management including those in international locations, Information Technology (IT) personnel and Internal and External Auditors and external consultants
• Ability to communicate effectively and influence, interact and partner with cross-functional and remote teams
• A willingness to challenge the status quo and drive continuous improvement through the Groups
• Self-motivated, able to manage change and ability to work under tight deadlines and thrive in a high-growth and challenging environment with strong multi-tasking, analytical and decision-making skills
• Critical thinking self-starter with strong leadership and project management capabilities

At BW, we offer challenging work in an international environment with a team of dedicated and competent colleagues. We recognise that the success of BW rests with each employee's ability to provide the necessary skills and confidence within the team, and our training is tailored to suit individual needs and career aspirations.

Vision: Best on Water

Mission: We deliver energy for the world today, and find solutions for tomorrow

Values

• Collaborative
• Ambitious
• Reliable
• Enduring

If our values resonate with you and you think you can contribute, we would be delighted to hear from you!

Information for Recruitment Agencies:

BW endeavours to recruit and fill vacancies directly. However, when we do need to engage with agencies, BW operates a preferred supplier list (PSL) and will not be accepting unsolicited applications from non-PSL agencies for this role.