Financial Controls Manager

BITCO Corporation, a leading provider of specialized insurance solutions is seeking a Financial Controls Manager for our corporate office located in Davenport IA. With a strong national presence including 11 branch offices in 10 states, BITCO delivers tailored insurance services to specialized industries including construction, forest products and oil & gas.

This position is eligible for a hybrid work arrangement with occasional necessary business travel to BITCO office locations.

Position Summary

The Financial Controls Manager serves as a strategic partner across the organization, with key responsibilities spanning Finance, Information Technology, and Cybersecurity. This role leads and coordinates critical initiatives related to audits, regulatory compliance, Software Development Life Cycle project controls, and cybersecurity framework adherence. Additionally, the position supports company-wide efforts to establish and maintain strong, auditable processes, ensure accurate documentation, and foster a culture of continuous audit readiness.

Primary Responsibilities

• Provide consulting and advisory services across BITCO new or changing processes, including process and control design and development, coaching on best practices, quality assurance, and evaluation of significant changes, services, or operations.
• Work with management, internal/external auditors, and other stakeholders to share knowledge, evaluate deficiencies/findings, generate solutions, and drive accountability around controls or audit processes.
• Identify and assess risks in operational and financial processes, IT/Cyber systems, and key insurance functions.
• Analyze existing business and IT controls, conduct design assessments, and identify areas for improvement.
• Conduct process walkthroughs and Finance/IT controls testing
• Review and test automated and system-related components of IT-dependent manual controls
• Develop and document risk and control matrices tailored to the various environments that include control objectives, risks, and control descriptions.
• Prepare deliverables outlining findings, themes, implications of key risks, and recommendations for improvement.
• Communicate audit findings and recommendations clearly and effectively to stakeholders and guide them in the development of new controls.
• Coordinate and monitor Internal Audit participation in IT system development projects.
• Collaborate closely with parent company to build and maintain strong, cooperative relationships, serving as a trusted and strategic partner.
• Collaborate and communicate effectively within a team in an evolving environment, demonstrating adaptability and professionalism.
• Stay informed on emerging trends in insurance, internal auditing, risk management, IT, and regulatory changes.
• As a management representative, consistently acts in the best interest of BITCO and provides leadership and communication to actively promote BITCO's mission, values, and culture
• Performs other duties as assigned
  
  

Qualifications

• Bachelor’s degree in business related area of study, preferably Accounting or Management Information Systems.
• 6+ years of experience in Internal Audit within a publicly traded corporation, public accounting, or in consulting or advisory capacities.
• 2+ years of direct experience performing audits and assessment of IT processes, infrastructure, operating systems, information security, and management programs.
• CPA, CIA, CFE, CISA, or CPCU certification or similar relevant certification
• Knowledge of SOX/financial reporting risks.
• Familiarity with compliance standards and frameworks such as NAIC MAR, COSO, IIA Global Standards, GAAP and STAT requirements, SEC requirements, FASB pronouncements, IRS, CoBIT, ISO, NYDFS, NIST, and ERISA regulations.
• Familiarity with relevant frameworks and methodologies relating to IT auditing.
• Strong analytical and problem-solving skills, with experience in data analytics preferred.
• Demonstrated ability to think tactically while maintaining an operational perspective.
• Proven track record of achieving results through effective task and workflow management, attention to detail, and accuracy.
• Skilled communication, strong interpersonal abilities, and a collaborative team approach.
• Adaptability, open-mindedness, and a drive to deliver high-quality outcomes in dynamic environments.
  
  

Work Environment & Physical Requirements

• Must be legally authorized to work in the United States
• Office environment; this position is eligible for a hybrid work schedule, as directed by manager
• Frequently sit at a desk or other workstation for extended periods of time
• Occasionally lift and carry equipment and/or materials weighing up to 15 pounds
• Routinely bend, kneel, reach, see, be mobile, and walk around
• Must be able to attend and perform job duties effectively both in-person and virtually, as required by manager
• Travel – none to minimal
  
  

Benefits

• Competitive salary and benefits
• Paid time off and 12 paid holidays a year
• Health, dental, and vision insurance
• Company paid life insurance – 2x annual earnings
• Old Republic 401(k) Savings and Profit Sharing Plan
• Education and training opportunities
• Insurance designations encouraged with financial assistance available
• Daily two-hour flexible start and end time for 7.5-hour workday
• Employee Fitness Program