Apply on Employer Site

Cumberland Farms · 1 month ago

Senior Director of Internal Controls Over Financial Reporting

Westborough, MA

Full-time

Hybrid

Director/Executive

$150K/yr - $200K/yr

10+ years exp

Cumberland Farms is a leading convenience retailer and a member of the EG America family of brands, committed to becoming America’s #1 ‘one-stop’ destination. The Senior Director of Internal Controls Over Financial Reporting is responsible for leading compliance with internal control requirements and overseeing the design, implementation, and monitoring of internal controls across financial processes.

E-CommerceFood and BeverageHospitalityRetail

Responsibilities

Lead ICFR Program: Develop and manage the company’s ICFR framework, ensuring alignment with SOX requirements and industry best practices

Control Design & Assessment: Oversee the documenting of current state processes and the Company’s risk and control matrix (“RCM”). Scope includes all key processes such as revenue recognition, inventory management, cash handling, vendor payments, and entity level controls

Deficiency Identification and Remediation Management: Identify control gaps and build targeted and prioritized remediation plans. Manage evaluation and remediation of control deficiencies, including preparing the quarterly assessment of deficiencies

Disclosure and Certification Controls: Establish the Company’s initial SOX 302 certification controls and support the design and implementation of disclosure controls, including being a key leader within the Disclosure Committee

Cross-Functional Collaboration: Partner with Finance, IT, Operations, and Store Management to ensure controls are embedded in business processes and systems

Audit Coordination: Serve as the primary liaison with internal and external auditors for ICFR related matters, including walkthroughs, testing, and remediation follow-ups. Ensure alignment with audit team(s) on risk assessment and scoping exercises

Training & Awareness: Design and provide training and guidance to company personnel on control responsibilities and compliance requirements and expectations

Reporting: Prepare and present periodic reports to senior leadership and the Audit Committee on the status of ICFR compliance and control effectiveness

Continuous Improvement: Drive initiatives to automate and/or rationalize controls, improve documentation, and enhance control monitoring using data analytics and technology

People Management: Lead, motivate and develop a high‑performing team ensuring effective succession planning, capability development, and high employee engagement

Special Projects: Manage or execute special projects as assigned in the areas of financial reporting, financial analysis, sustainability reporting, acquisition integration into existing control environment, or other key projects as business priorities evolve

Project Management: Strong project management skills with the ability to create executive flight level dashboard, and detailed tracking using Gantt or Smart View charts to ensure timeliness of deliverables

Qualification

Internal ControlsSarbanes-Oxley Act (SOX)Financial ReportingCOSO FrameworkERP SystemsRetail POS PlatformsCPA CertificationMicrosoft Office SuiteCompliance SoftwareProject ManagementCommunication SkillsInterpersonal SkillsTeamwork