SOX PMO & Compliance Lead
Telefonica - O2
Total years of experience :24 years, 10 Months
Main Achievements and Responsibilities as SOX PMO:
• Led the delivery of Sarbanes Oxley Act Risk & Compliance Plan both on Business and ITGCs Risk and Control Frameworks, being instrumental to support and coordinate Business owners across TUK-O2 Directorates in order to maintain and implement controls, ensuring robust Electronic Audit Evidence (EAE) & constant governance of Internal Risk & Control system.
• Led the delivery of Business and ITGCs remediation plan, delivering continuous SOX compliance while advising and supporting control owners and Management to meet the Compliance KPIs Targets.
• Prevented material weakness advising on risk mitigation good practices and controls embedding across TUK-O2.
• Recognised opportunities that added value working proactively to identify and resolve weaknesses or processes inefficiencies or controls, while guiding control owners in the documentation maintenance, in order to ensure continuous content ownership and their active engagement to mitigate Risks, in both Business and IT controls.
• Facilitate the internal change control process for all SOX related requirements in both Risk & Control Frameworks.
• Liaise and coordinate with Internal Audit on delivering of the audit action points playing key role on resolving SOX compliance issues on Business and ITGCs Frameworks.
• Identify proactively compliance issues and risks, monitor and update their remedy status and assess changes of processes, systems or people changes that may impact business compliance.
Main Achievements and Responsibilities as COMPLIANCE LEAD:
• Report on TUK-O2 performance against the relevant Ofcom Metering & Billing direction, working closely with Revenue Assurance and the Business owners, assessing identified issues and reporting remedy measures.
• Actively engaged in TUK-O2 projects with the Business Assurance Team to communicate and maintain a robust and efficient Risk Self-Assessment process, identifying, recording and mitigating respective Risks and resolving the issues relevant to Consumer Credit Act and UK Bribery Act 2010.
• Deliver the monthly Reports on Mandatory Compliance Training statistics to the TUK-O2 Directorates and support the Risk Internal Control Compliance on ad hoc queries, including those related to Corporate Manslaughter Act.
• To establish the Compliance Risk Assessment and planning process in alignment with the DT/OTE Group requirements in GLOBUL, dealing with cases and report the status of measures to CEO & to the Group COMPLIANCE Committee
• To identify the Risk Areas for GLOBUL, perform the Risk Assessment and develop the Annual Audit Plan. To perform Audits and issue the Audit Reports, to monitor the status of the implemented measures and submission of reports to the Group Audit Committee and to company’s CEO & CFO
• Implementation of the Internal Control System (ICS), in GLOBUL in 2012, based on DT / COSMOTE Group requirements
• Actively involved in the Due Diligence Project for the Selling of the company.
• To establish and organize the Internal Audit Function in COSMOFON, by performing Audits and regular report to BoD providing assurance on compliance with the SOX ACT requirements
• Involvement in the Due Diligence Project for the Selling of the company.
• To reorganize, lead and implement in AMC the financial management, Reporting (US GAAP & IFRS) and Budgeting process for alignment with COSMOTE Group
• To establish and supervise the Treasury and Cash Flow Management process on AMC funds. Daily monitor, follow up and evaluation of the FX transactions, Funds’ Placements and Loans’ Balances
• To prepare the Annual Report and Financial Statements for the General Assembly and the BoD of AMC and implement Shareholders’ decisions. (E.g. dividend distribution, Intercompany Loans)
• Restructuring successfully the Financial, Administrative and Operational functions for GLOBAL & ELDA.
(E.g. Capital increase in cash & kind, consolidation of companies’ activities, ERP & Budget process implementation, Accounting in US GAAP, Reporting process on Headquarters, Offices relocation and staff assessment, Contracts management, Gas Stations Network evaluation, Fuel Warehouse investment Plan execution, establishment of Customs Warehouse Type C in Durres.)
• Successful reorganization and establishment of the new Joint-Venture company SONOCO HELLAS IPD of Finance, Accounting, Administrative and Procedures functions
• Establishment of Reporting (US GAAP) & Budgetary Control for CONITEX-SONOCO & SONOCO HELLAS IPD
• Project Leader responsible to organize the Consolidated Accounting Department in North Greece developing cost-saving synergies, based on both PROMODES standards and local requirements, in terms of Reporting, Controlling, Inventory process, Cash flow management as well as the financial supervision of the Commercial Centre activities
• Effectively managed and procured the EGNATIA Bank Supplies for premises, property and fixed assets.
• Establishment of the Annual Planning & Budget process for cost control and effective assets / liabilities development of the EGNATIA Bank including Monthly reporting on Actual vs Budget & Forecast and Profit & Loss Statement
• Establishment of the Automation process for the Monthly reporting to the Headquarters of CITIBANK N.A. for the Consumer Service Group International Loans & Deposits
Master Thesis in Product Line Management