Financial Controls & Governance Specialists

What does a Financial Controls & Governance Specialist do?

A Financial Controls & Governance Specialist ensures that a company’s financial operations are accurate, transparent, and compliant with internal policies and regulatory standards. They design, monitor, and evaluate control systems to prevent errors, fraud, and inefficiencies. These professionals review financial statements, assess risk exposure, and coordinate with auditors to ensure strong governance frameworks are in place. Beyond compliance, they analyze processes to enhance operational efficiency and support informed decision-making. By maintaining integrity and oversight in all financial activities, Financial Controls & Governance Specialists help protect company assets, ensure accountability, and strengthen stakeholder confidence.

    Tier 1

    .

    		 1 to 2
    years of
    experience

    Tier 2

    .

    		 3 to 5
    years of
    experience

    Tier 3

    .

    		 > 5
    years of
    experience

    ABOUT THE ROLE

    Roles and Responsibilities

    • Develop, implement, and maintain internal financial control systems.
    • Monitor compliance with accounting standards, policies, and regulations.
    • Conduct risk assessments and identify areas for process improvement.
    • Review financial reports to ensure accuracy and transparency.
    • Collaborate with internal and external auditors during audits.
    • Prepare documentation and reports for management and regulatory review.

    Day-to-Day Duties

    • Review daily transactions for compliance and accuracy.
    • Track and document financial controls across departments.
    • Identify risks and recommend corrective measures.
    • Assist in policy updates and internal audits.
    • Provide insights to enhance financial governance frameworks.

    SKILLS AND TOOLS

    Soft Skills

    • Attention to Detail
    • Analytical Thinking
    • Integrity
    • Problem Solving
    • Communication
    • Organization
    • Confidentiality
    • Critical Thinking

    Hard Skills

    • Risk Assessment
    • Internal Auditing
    • Financial Reporting
    • Regulatory Compliance
    • Data Analysis
    • Policy Development

    Tools

    SAP or Oracle ERP 85%
    QuickBooks or NetSuite 80%
    Power BI or Tableau 70%

    Education

    Common Educational Backgrounds and Career Paths:

    • Accounting
    • Finance
    • Business Administration
    • Auditing
    • Risk Management
    • Corporate Governance
    • Internal Control Systems
    • Bachelor’s Degree
    • CPA, CIA, or CISA Certification

    CANDIDATES TESTS

    Tests & Evaluations for Candidates

    Financial Modeling Test

    Valuation models

    8/10

    For financial analysts, M&A consultants, and valuation specialists.

    Valuation Principles Test

    Knowledge of valuation methods

    9/10

    For corporate finance, investment banking, and strategic advisory roles.

    Advanced Excel

    Proficiency in financial models

    8/10

    For candidates handling complex data-driven financial assessments.