Internal Controls Specialist

Company DescriptionFounded in 1934, Parker Drilling provides advanced drilling solutions to the energy industry. We are a technically innovative company providing worldwide drilling services, rental tools and project management, including rig design, construction and operations management.Job DescriptionThis position is responsible for managing the internal control functions to include, but not limited to, reviewing, evaluating and making recommendations for corrections and/or improvements related to the internal controls over financial, operational and regulatory control processes and systems throughout the organization.Essential functionsEnsure through training programs, Controls Self Assessments and through working closely with Internal and External auditors that the Company''s Internal Controls environment is in place and operating effectively.Supervise and perform financial, operational and compliance audits.Develop policies and audit plans through performing annual risk assessments and work with other department heads to ensure enforcement of said policies and procedures.Work closely with business process owners to understand and evaluate internal control design, modifying design where applicable, to ensure that all processes affecting financial reporting are understood, managed and in place.Document, summarize and discuss results with process owners to reach agreement on management''s responses and remediation when a deficiency is identified.Determine effectiveness of control structure through substantive testing.Timely and efficiently communicate through verbal and written report areas of improvement or concerns about existing internal controls structure.Monitor and explain actual to budget variances for time on individual projects.Adhere to all Company policies and procedures.Perform other duties and special projects as assigned.* Ensure that personal behaviors and work practices are in line with Company safety standards.Responsible for safety of self and others in the vicinity to include, but not limited to, employees, vendors and guests.Provide visible leadership engagement, be aware of housekeeping and take additional safety precautions to ensure no one is put at risk.Do not take short cuts or unnecessary risks and actively work with others to ensure they take due care and do not put themselves or others at risk.Ensure all incidents are reported and appropriately investigated in accordance with Company procedure.As needed, seek advice from HSE representative.Additional functionsN/A

Created: 2021-11-29