Risk & Compliance Specialist

Finance Madrid, Spain


Company overview:

Xylem, a leading global water technology company with over 22.000 employees dedicated to solving the world’s most challenging water issues, is the leading global provider of efficient, innovative and sustainable water technologies improving the way water is used, managed, conserved and re-used. Our international team is unified in a common purpose: creating advanced technology and other trusted solutions to solve the world’s water challenges. We are committed to creating an organization of inclusion and diversity, where everyone feels involved, respected, valued and connected, and where everyone is free to bring their authentic selves and ideas.


The role:

As a Risk & Compliance specialist, you will play a pivotal role in ensuring adherence to Sarbanes-Oxley (SOX) controls and driving compliance with global standards. You will be responsible for a range of activities aimed at identifying, documenting, and mitigating risks related to financial processes. Your efforts will contribute to maintaining a robust internal control environment and supporting successful internal and external audits. 


Principal responsibilities:

  • Gain a comprehensive understanding of the company S2P process and identify appropriate SOX controls applicable to each stage.
  • Document SOX controls with precision and clarity.
  • Identify and implement all necessary documentation and processes required for supporting both internal and external audits.
  • Identify potential risks associated with processes or reports and document effective mitigation strategies.
  • Document the entire mitigation process for each identified risk.
  • Create detailed process maps and narratives that encompass the entire S2P process, highlighting control points and interdependencies.
  • Develop detailed process maps that clearly outline and highlight control points within financial processes.
  • Document E-invoicing format compliance, including mandatory fields for electronic transmission.
  • Collaborate with several stakeholders to understand and implement Xylem Compliance Requirements for Business and Efficiency.
  • Ensure existing business rules are documented and accessible for end-users.

Minimum requirements:

  • Bachelor's degree is required in accounting, finance, Business or related focus (e.g. business administration/economics).
  • Minimum 5 years of relevant experience in field of System implementation, Financial Controls, Internal and/or External Audit.
  • 3 years of experience in SOX Compliance and controls documentation.
  • Excellent documentation and process mapping skills
  • Familiarity with global invoicing standards and electronic data exchange compliance.
  • Fluency in English and Spanish is required.
  • Advance Excel knowledge.

Additional requirements:

  • Previous experience in information security and system implementation.
  • Strong analytical skills with the ability to collect, analyze, and disseminate significant amounts of information.
  • Knowledge of ERP systems such as SAP, Coupa, Blackline, iScala and OneStream.

Soft skills:

  • Motivated, self-starter with ability to learn quickly.
  • Excellent interpersonal communication skills, including ability to translate across various lines of business.
  • Ability to work independently and proactively identify areas for improvement.
  • Customer Service Orientation
  • Teamwork ability
  • Entrepreneurial Mind-Set
  • Forward thinking & innovative

Travel requirements: less than 10%

Location: full remote

Contract: full-time, permanent


Xylem is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.