SOX Manager Jobs
A SOX Manager is a vital position focused on overseeing the Sarbanes-Oxley (SOX) compliance program within an organization. This role entails managing internal controls, coordinating with auditors, and continuously improving SOX processes. A deep understanding of SOX requirements, internal control frameworks, and financial reporting is essential for advising the organization on compliance matters.
The SOX Manager must possess strong project management skills and excellent communication abilities to collaborate effectively across various departments, including finance, IT, and internal audit. Additionally, this position involves identifying and mitigating risks, ensuring adherence to PCAOB and SEC requirements, and driving process enhancements to improve the efficiency and effectiveness of the SOX program.
In summary, SOX Manager Jobs are crucial for maintaining compliance and fostering a culture of accountability within organizations.
National Yearly Income Range:
$80,000 - $150,000
Why Being a Sox Manager is Great.
A SOX Manager plays a crucial role in ensuring that an organization complies with the Sarbanes-Oxley Act, which is vital for maintaining financial integrity and transparency. This position not only offers a strong career path in the finance and accounting sectors but also provides the opportunity to work closely with various departments, enhancing cross-functional collaboration and leadership skills. Additionally, the demand for SOX compliance expertise continues to grow, making SOX Manager jobs highly sought after in the job market.
With competitive salaries and the potential for career advancement, this role is both rewarding and impactful, allowing professionals to contribute to the overall success and reliability of their organization.
Sox Manager Job Duties And Responsibilities
The SOX Manager is responsible for overseeing the entire Sarbanes-Oxley program, which includes planning, coordination, and execution of compliance activities. This role involves reviewing and updating internal control documentation, interacting with finance and business stakeholders, and coordinating with auditors during testing and process walkthroughs. Additionally, the SOX Manager leads various meetings, performs risk assessments, and ensures that internal controls over financial reporting are effectively designed and implemented. By utilizing data analytics for control improvements and providing guidance to management, the SOX Manager plays a crucial role in maintaining compliance and enhancing the overall effectiveness of the SOX program.
Why be a SOX Manager with IES Residential?
Becoming a SOX Manager with IES Residential offers a unique opportunity to join a company with over 50 years of experience and a strong commitment to safety, quality, and community engagement. You will be part of a dynamic team that values continuous learning and professional growth, supported by comprehensive training programs and a vibrant, family-oriented culture. IESR's dedication to diversity and inclusion, along with its strong financial health and proven track record of growth, ensures that you will be contributing to a forward-thinking organization that prioritizes both employee development and positive community impact.
This role allows you to play a crucial part in maintaining the integrity of financial reporting and compliance, all while being part of a company that believes in building a better world through collaboration and social responsibility.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
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FAQs
What's a SOX Manager's job description?
A SOX Manager oversees the Sarbanes-Oxley (SOX) compliance program within an organization. Key responsibilities include managing internal controls, coordinating with auditors, and improving SOX processes. This role requires a strong understanding of SOX requirements, financial reporting, and internal control frameworks. The SOX Manager must possess excellent project management and communication skills, work collaboratively across departments, identify risks, ensure compliance with PCAOB and SEC regulations, and drive process enhancements for effective compliance.
What is the average salary of a SOX Manager?
The average salary of a SOX Manager typically ranges from $110,000 to $120,000 per year, with lower salaries around $80,000 to $90,000 and higher salaries reaching up to $150,000 annually. Hourly rates range from about $38 to $72, depending on experience and location.
How do I get a SOX Manager job?
To get a SOX Manager job, start by obtaining a bachelor's degree in Business, Finance, Accounting, or Information Technology. Gain 5-7 years of relevant experience in SOX compliance, auditing, or internal audit, preferably in a public company. Develop strong project management and organizational skills, and familiarize yourself with internal control frameworks like COSO and COBIT. Consider obtaining professional certifications such as CPA or CIA. Enhance your communication skills to effectively engage with stakeholders and work cross-functionally. Familiarize yourself with financial systems and compliance software. Networking and applying for positions that match your qualifications will also be essential.
What are the job duties of a SOX Manager?
A SOX Manager is responsible for overseeing the Sarbanes-Oxley (SOX) compliance program, which includes planning, coordination, and execution of internal controls over financial reporting. Key duties involve reviewing and updating internal control documentation, interacting with finance and business stakeholders, and coordinating with auditors during testing. The manager identifies control changes, monitors compliance, leads SOX meetings, and collaborates with IT and Security Compliance teams. They perform risk assessments, design internal controls, coordinate remediation of findings, and provide training on SOX compliance. Additionally, they ensure accurate documentation, track ITGC assessment status, and mentor the SOX team.
How much does a SOX Manager make per hour?
A SOX Manager typically makes between $38 and $72 per hour, depending on experience and location.
Is a SOX Manager job fullfilling?
A SOX Manager job can be fulfilling for those who enjoy ensuring compliance, improving processes, and working with financial data. It offers opportunities for professional growth, problem-solving, and collaboration with various teams, making it rewarding for detail-oriented individuals passionate about corporate governance and risk management.
How long does it take to become a SOX Manager?
To become a SOX Manager, it typically takes around 5 to 7 years of relevant experience in SOX compliance, audit, or internal audit, along with a bachelor's degree in a related field. Gaining professional certifications such as CPA or CIA can enhance qualifications and may shorten the path to this role. Strong project management and communication skills are also essential.
Is there a demand for SOX Managers?
Yes, there is a strong demand for SOX Managers as companies increasingly prioritize compliance with the Sarbanes-Oxley Act to ensure financial transparency and mitigate risks. This demand is driven by regulatory requirements, the need for effective internal controls, and the growing complexity of financial reporting.
What are SOX Manager career paths?
SOX Manager career paths typically include progression to roles such as Senior SOX Manager, Director of Internal Controls, Compliance Officer, or Chief Compliance Officer. Professionals may also transition into related fields like Risk Management, Audit Management, or Financial Reporting. Continuous education and certifications can enhance advancement opportunities.
What are the job responsibilities of a SOX Manager?
A SOX Manager is responsible for overseeing the Sarbanes-Oxley Act compliance program, including planning and execution. Key duties include reviewing and updating internal control documentation, coordinating with internal and external auditors, and ensuring alignment with finance and business stakeholders. The manager conducts risk assessments, designs internal controls over financial reporting, and monitors compliance with established controls. They lead SOX meetings, provide training on compliance, and coordinate remediation of audit findings. Additionally, the SOX Manager utilizes data analytics for control improvements and supports internal audit projects while mentoring the SOX team.
What are the requirements to get a SOX Manager job?
To qualify for a SOX Manager position, candidates typically need the following:
1. Education: A Bachelor’s degree in Business, Finance, Accounting, or Information Technology.
2. Experience: 5-7 years in SOX compliance, audit, or internal audit, preferably with public companies.
3. Skills: Strong project management, time management, and organizational skills.
4. Knowledge: Understanding of finance/accounting processes, auditing requirements (PCAOB, SEC), and internal control frameworks (COSO, COBIT, ITIL).
5. Certification: Professional certifications such as CPA or CIA are preferred.
6. Communication: Excellent written and interpersonal skills to influence stakeholders.
7. Technical Proficiency: Familiarity with financial systems and SOX compliance software like FloQast or AuditBoard.
8. Collaboration: Ability to work cross-functionally and build relationships with internal departments and external auditors.
Are there entry level SOX Manager jobs?
Entry-level SOX Manager positions typically require a bachelor's degree in accounting, finance, or a related field. Key skills include knowledge of Sarbanes-Oxley Act compliance, strong analytical abilities, attention to detail, and proficiency in financial reporting. Familiarity with internal controls and audit processes is also beneficial. Relevant internships or coursework can enhance qualifications for these roles.
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