Director, ICFR (Internal Control over Financial Reporting)


Basel, CH



About Idorsia Pharmaceuticals Ltd

Idorsia Ltd is reaching out for more - We have more ideas, we see more opportunities and we want to help more patients.
In order to achieve this, we want to develop Idorsia into one of Europe’s leading biopharmaceutical companies, with a strong scientific core.
Headquartered in Switzerland - a European biotech hub - Idorsia is specialized in the discovery and development of small molecules, to transform the horizon of therapeutic options. Idorsia has a broad portfolio of innovative drugs in the pipeline, an experienced team, a fully-functional research center, and a strong balance sheet – the ideal constellation to bringing R&D efforts to business success.
Idorsia was listed on the SIX Swiss Exchange (ticker symbol: IDIA) in June 2017 and has over 1,200 highly qualified specialists dedicated to realizing our ambitious targets.

Job Responsibilities


  • Review operational and financial processes to provide Top Management with an individual assessment of internal control risks and the overall effectiveness and efficiency of Internal Control over Financial Reporting (ICFR)  
  • Working with the business and members of the management team to ensure the control environment is operating effectively to mitigate risk and ensure compliance with Idorsia’s Control Environment
  • Produce regular progress reports for management including support and back up for Audit Committee meetings and documentation
  • Evaluating ICFR/SOX requirements, identifying controls, analyzing control gaps, and evaluating the design and operating effectiveness of control
  • Coordinate Internal/External ICFR/SOX audit requests and evaluate ICFR/SOX findings
  • Monitor and revise policies and procedures as needed to ensure the adequacy and effectiveness of ICFR 
  • Setup and oversee annual plans to conduct Internal Control testing and self-assessment questionnaires to determine what gaps exist in the controls and processes
  • Perform process reviews to evaluate current business practices, internal control structure, existing ICFR/SOX documentation, and implement any necessary changes
  • Developing testing approaches, compliance plans, and oversight activities to monitor the effectiveness of the internal control environment in compliance with internal controls over financial reporting
  • Work with process owners to assess the risk related to ICFR/SOX control findings
  • Development and introduction of new internal control policies and procedures
  • Work with respective departments and groups to develop and monitor mitigation plans
  • Provide support for the year-end review of open control deficiencies to ensure all appropriate mitigating controls are properly documented
  • Provide guidance to entity level staff on compliance with Group ICFR requirements
  • Provide support to process owners and ensure remediation of issues and re-testing of controls
  • Perform data analysis to support process improvements and behavior changes leading to a more effective control environment
  • Ensure communication between all relevant organizations internally and external auditors
  • Monitor remediation activities from prior control assessments to appraise the adequacy of corrective action
  • Identifying factors causing control deficiencies and providing constructive and practical recommendations to process owners to mitigate risks
  • Provide feedback to functional teams, as appropriate, and determine where information gaps exist and where controls are either missing or need to be modified within the documented processes
  • Participating in the development and documentation of new systems and processes to identify the necessary control points and risks and recommend control solutions
  • Maintain tracking of Internal Audit findings and update status
  • Review Internal Audit Reports for ICFR/SOX related findings
  • Provide Corporate and Internal ICFR/SOX quarterly reports and updates
  • Perform interviews, walk-throughs and sample tests and document field audit results
  • Facilitate the exchange of best practices throughout the organization
  • Facilitate internal control review and monitoring activities on an on-going basis, e.g., Developing training programs related to internal control and key processes
  • Provide consultancy and management support to all departments and affiliate


Candidate’s Requirements 


  • Master’s degree in accounting/Finance or Controlling
  • CPA
  • 5-10 years of related experience in a similar or in an Internal Audit role in an international listed company or 5 to 8 years Big 4 public accounting and ICFR experience
  • Proficiency in SOX404 requirements, demonstrated experience with internal controls evaluation, US GAAP and COSO Internal Control Framework
  • Proven implementation experience on requirements set by the Sarbanes Oxley Act (incl. IT controls)
  • Proven track record of successful cross-functional Project and Change management
  • Displaying excellent critical thinking and problem-solving skills
  • Capability of effective planning and priority setting, including the ability to manage several complex projects simultaneously while working under pressure to meet deadlines. • Strong analytical skills and good attention to detail
  • Strong written and verbal communication skills
  • Business Acumen at a level which includes understanding of business processes, structures, and objectives
  • Ability to effectively interact with all levels of management, across functions, and cultures
  • Able to build and maintain effective working relationships at all levels
  • Capacity to act as cross-functional change agent with ability to determine, support and deploy compliant transitional and end-state solutions
  • Demonstrated Conflict Management skills
  • Ability to handle confidential information sensitively
  • Ability to identify errors or areas for improvement, provide recommendations and follow through to completion in an unbiased manner
  • Knowledge of company policies and procedures and high regard for these policies
  • Ability to access information using automated systems (e.g., ERP)
  • Adhering to strict deadlines
  • Fluent in English; German is an asset


What Idorsia offers


  • Exciting opportunities for development and professional growth within our dynamic organization
  • A collaborative and solution-oriented environment where you can make a difference
  • An innovative and open culture in a truly multicultural environment
  • A competitive salary and generous social benefits


Work Location: Allschwil – Basel Area
Country: Switzerland
Business Area: Global Finance
Schedule: Fulltime
Job Type: Permanent
Job ID: 4389


At Idorsia, we harness the power of difference, authenticity, and inclusion to achieve business success.
We encourage all potential candidates with diverse backgrounds of race, color, religion, sexual orientation, gender identity, age, national origin, and disability to submit their job applications. All applicants will receive consideration.
We are committed to fostering respect, fairness, and equal opportunities for all job applicants and our employees.

Please be informed that if you are selected for this position, your employment will be subject to a pre-employment background screening process, of which you would be informed in greater detail in due course.

Idorsia Pharmaceuticals Ltd ("Idorsia") is committed to a fair and transparent application process. In order to avoid any conflict of interest in line with Idorsia Code of Business Conduct, which would undermine such a commitment, the applicants  must disclose any personal, financial, or other outside interests interfering with the interests of Idorsia. Further, the applicant is obliged to disclose any and all relationships with close or affiliated persons, who are employees of Idorsia or are collaborating with Idorsia in any other contractual relationship. 

Please note Idorsia operates a strictly controlled list of preferred recruitment partners. For those partners who have no valid, signed Master Service Agreement in place with Idorsia, all unsolicited resumes, CVs, anonymous profiles, or any other candidate details submitted through our website or to personal e-mail accounts of employees of Idorsia Pharmaceuticals (including any of its subsidiaries, affiliates, or related companies) are considered the property of Idorsia Pharmaceuticals and are not subject to payment of any form of introduction, placement or referral fees.