Trane Technologies India | Senior Associate - IT SOX Compliance

What you will do

• This role upholds the mission of the Assurance & Advisory Services department by ensuring a secure IT General and Automated controls environment, robust risk management practices, and regulatory compliances.
• As a trusted partner, the Senior Associate fosters client relationships, collaborates with fellow team members, assists & work with External Auditors, and contributes to the strategic growth of the team.
• The candidates drive and execute IT Control testing both for interim and roll- forward engagements at Application and Operating System layer, driving the enhancement of IT controls and overall IT governance, while supporting other IT SOX related reviews as needed to assess emerging threats and evolving IT regulatory risks.
• Drive and executes IT SOX 404 assessments, including risk assessment, walkthroughs, and testing of IT General Controls (viz.
• Evaluate the design and operating effectiveness of ITGC’s controls.
• Maintain up-to-date documentation, IT SOX Narratives, and process flowcharts.
• Drive and execute the IT General control testing around inscope Servers and Databases around Privilege User Access Review, Logical Security Settings, Back-up scheduling and Monitoring, Back-up Integrity, etc.
• Contribute and support the IT Automated Control testing, assess the completeness and accuracy of Annual User Access review at Enterprise level.
• Perform thorough reviews to analyze the adequacy of IT controls, internal controls over financial reporting, compliance with corporate standards, policies, and regulatory requirements (e.g., SOX, SOC 1/2, ISO, NIST).
• Assist in the evaluation of system implementations/upgrades by performing the System Development Life Cycle (SDLC) reviews.
• Evaluate the IT control environments of the newly acquired entities to ensure adequate controls are in place to support the complete and accurate financial reporting.
• Present findings to management at the conclusion of engagements, discuss deficiencies, and recommend remediation actions and opportunities for improvement.
• Maintain adequate and current technical knowledge in areas such as IT general controls, business process controls, cybersecurity, and other areas as required.
• Communicate technical findings clearly to both technical and non-technical stakeholders.
• Respond to complex, escalated inquiries and ensure outstanding IT Audit & SOX issues are cleared.
• Collaborate with other functions of global Assurance & Advisory Services and support ad-hoc activities and engagements as needed.
• Work in a collaborative team environment and contribute to the successful delivery of IT SOX Compliance and Internal Controls review engagements, including preparing high-quality, accurate, well-supported documentation, and reports.

Requirements

• Prioritize and assign tasks to ensure effective use of team resources and completion of work according to schedules and engagement objectives.
• Minimum of 6 years’ combined experience in IT SOX Compliances, with strong exposure to SOX compliance framework, internal controls review, IT risk and governance.
• Knowledge of relevant IT domains including automated controls testing, system development lifecycle, SOC-1 report review, and identity and access management at Application and Operating System level (i.e., Servers and Databases).
• Demonstrated ability for independent thinking and multi-tasking under aggressive deadlines with a high degree of accuracy in a complex “matrix” environment.
• Proven ability to plan proactively, anticipate issues, and have excellent problem resolution records with little or no input or assistance.
• Proficiency in computer applications including MS Word, MS Excel, and MS Outlook.
• Certified Information Systems Auditor (CISA) certification preferred.

Trane Technologies plc

Trane Technologies traces its roots to La Crosse, Wisconsin, where James Trane opened a plumbing shop in 1885; he and his son Reuben incorporated The Trane Company in 1913. Trane was later owned by American Standard and was bought by Ingersoll Rand in 2008. In March 2020 Ingersoll-Rand plc spun off its industrial business, which merged with Gardner Denver, and the remaining climate business was renamed Trane Technologies plc. Domiciled in Ireland, with its head office in Swords, County Dublin, it is listed on the New York Stock Exchange as TT. Its two brands are Trane, which makes heating, ventilation and air-conditioning systems and services for buildings and homes, and Thermo King, which makes refrigeration units for trucks, trailers and other transport. In India it operates through Trane Technologies India Private Limited, formerly Ingersoll-Rand Climate Solutions Private Limited. In Bengaluru it runs a capability centre for engineering, IT and analytics work and a shared service centre for finance; sales offices in Gurugram, Mumbai, Kolkata and Bengaluru serve Indian customers.

Its finance openings in India are in Bengaluru and include internal audit and assurance roles, from interns who have cleared both groups of CA Intermediate and completed a year of articleship up to senior manager, along with IT SOX compliance, intercompany and expense accounting, FP&A for its IT function and support for its OneStream and Oracle EPM tools. Most assurance and accounting roles ask for a Chartered Accountant or CPA, with experience from two to more than fourteen years.

• Industry: Heating, ventilation and air-conditioning systems and services (Trane) and transport refrigeration (Thermo King)
• Headquarters: Swords, County Dublin, Ireland (listed on the NYSE as TT)
• In India: Trane Technologies India Private Limited (formerly Ingersoll-Rand Climate Solutions Private Limited), with a capability centre and a finance shared service centre in Bengaluru