Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but for more than seven decades we’ve been part of the national landscape, with our roots firmly embedded in the South Carolina community. Business and political climates may change, but we’re stronger than ever. Our A.M. Best rating is A+ (Superior) — making us the only health insurance company in South Carolina with that rating. We’re the largest insurance company in South Carolina …and much more. We are one of the nation’s leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies that allows us to build on a variety of business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!

Job Title: SOX Auditor III

Position Details:

• Contract only
• 2 openings
• Role onsite
   

Responsibilities:

• Supports the Model Audit Rule (MAR/SOX) Department in the compliance effort that results in annual reporting to the Department of Insurance in activities such as, but not limited to: risk assessments, process documentation (Financial, Operational and I/S Processes), identification of risks and key controls, testing of controls, reporting of deficiencies, evaluation of deficiencies, periodic reporting to Management, Steering Committee and the Department of Insurance.
• 60% Based on the output from the risk assessment, evaluates processes that impact each 'in-scope' financial statement line item and performs control documentation activities, including operational, financial, Entity Level and I/S processes. Determines applicable risks and mitigation through control activities. Ensures that risks are appropriately addressed based on COSO/COBiT/MAR guidance. Identifies remediation needed for any unmitigated risks and communicates with management. Makes recommendations on remediation design and uses project processes to ensure remediation is made. Prepares and maintains clear, detailed, accurate MAR/SOX documentation, including process narratives, policies and procedures, process diagrams, control descriptions, risk and control matrices, test plans and test results evaluations. Works with management (Director and above) to obtain approval or modifications needed.
• 20% Performs peer review of testing conclusions and/or documents (Narratives, Process Diagrams, Risk and Control Matrices, Test Plans, Test Workpapers, remediations, etc.) prepared by peers to ensure departmental standards are met. Works with peers to ensure improvement opportunities are adequately addressed.
• 5% Participates in the risk assessment process for each company required to comply with MAR/SOX based on a top-down risk-based approach. Ensures that risks identified through the risk assessment process are mitigated by those controls mapped to each financial statement line item.
• 5% Performs project work as directed by management team. Projects will be focused on improving quality and efficiency of MAR team functions.
• 5% Reviews, approves and communicates with management all remediations identified through testing and design evaluation. Follows departmental process to ensure an adequate response is provided to resolve the remediation and mitigate the risks identified. Escalates, as needed during the process, to ensure deadlines are met.
• 5% Assists internal and external auditors (including the Department of Insurance), with an emphasis on leveraging MAR/SOX work to reduce duplication of efforts and the burden on management throughout the organization. 

Required Skills and Abilities: Knowledge of effective auditing and general accounting standards, and work paper documentation. Strong interpersonal, oral, and written communication skills. Excellent planning and organizational skills. Knowledge of relevant computer support systems. Strong analytical skills. Ability to perform within tight deadlines and prioritize effectively. 

Required Software and Other Tools: Microsoft Office. 

Preferred Skills and Abilities : SOX/MAR, Compliance, Auditing, Risk Management, Healthcare or insurance industry experience. Knowledge of IT general controls (methodologies), COSO, COBiT, and project management. 

Work Environment: Large-scale professional services environment.

Required Education Level and Degree Type: Bachelor's degree- Accounting, Computer Science, Business Administration, Information Systems, Finance, or other job related field. 

Required Work Experience: 5 years-auditing, Information Systems, Sarbanes-Oxley/MAR, compliance or accounting/financial experience. 

Preferred Work Experience: Relevant Audit Experience (SOX, MAR, I/S, Financial, Operational, etc.). 

Preferred Licenses and Certificates: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Internal Auditor (CIA), or Certified Information Systems Auditor (CISA)

This is the pay range that Magnit reasonably expects to pay someone for this position is $35/hour - $44/hour. Benefits: Medical, Dental, Vision, 401K (provided minimum eligibility hours are met).

BlueCross is a strong supporter of our veterans, and many service men and women have joined our ranks. We’ve found the dedication, work ethic and job skills that serve well in the military excel in many of our lines of business, and we proudly have veterans filling positions in Human Resources, Information Technology, Customer Service, Operations, General Services and more. 

Through our government contracts, we also have employees serving at Shaw Air Force Base, the Naval Health Clinic in Charleston, the Naval Hospital in Beaufort and in our hometown of Columbia, S.C., at Ft. Jackson. If you are a full-time employee in the National Guard or Reserves, we will even cover the difference in your pay if you are called to active duty. If you're ready to join in a diverse company with secure, community roots and an innovative future, apply for a position now!