What's Happening?
Paramount, a global multimedia entertainment and news company, is actively recruiting for a Manager, Application Security – SOX IT, Oracle Fusion. This full-time, mid-to-senior level position is available remotely in New York and offers a salary range
of $124,000 to $186,000 annually. The role is critical for leading the design, implementation, and maintenance of Oracle Fusion and Oracle EPM security architecture. The successful candidate will serve as the subject matter expert for application security and SOX compliance across enterprise systems, creating custom job and duty roles, and maintaining data security policies within various Oracle environments including ERP, Procurement, HCM, EPM, and FDI. Key responsibilities also involve managing user provisioning and identity lifecycles using Oracle IAM, defining security roles and access controls in Oracle Integration Cloud, and overseeing user access reviews. The position requires ensuring Oracle environments adhere to SOX compliance, IT General Controls (ITGCs), and internal security policies, acting as the primary contact for auditors, and identifying and remediating security vulnerabilities and Segregation of Duties (SoD) conflicts. Collaboration with Finance, HR, IT, and Internal Audit departments is also a significant aspect of the role.
Why It's Important?
This hiring initiative by Paramount underscores the increasing importance of robust cybersecurity and regulatory compliance within the media and entertainment industry, particularly for companies managing extensive digital platforms and sensitive data. The focus on Oracle Fusion and SOX IT compliance highlights the critical need to protect financial reporting systems and ensure data integrity, which is paramount for maintaining investor confidence and adhering to legal obligations. For Paramount, a company with over 10,000 employees and a vast array of services including streaming platforms like Paramount+ and Pluto TV, securing its enterprise systems is essential to prevent data breaches, financial fraud, and reputational damage. The role's emphasis on identifying and remediating Segregation of Duties conflicts is crucial for preventing internal control weaknesses that could lead to financial misstatements or asset misappropriation. By investing in specialized talent for application security, Paramount aims to strengthen its defense against evolving cyber threats and ensure continuous compliance with stringent regulatory frameworks, thereby safeguarding its operations and intellectual property in a highly competitive and regulated landscape.
What's Next?
Paramount will continue its recruitment process to fill this specialized role, seeking candidates with a Bachelor's degree in Information Technology, Computer Science, Cybersecurity, Accounting Information Systems, or a related field, along with at least five years of experience in Oracle Application Security and IT Audit/Compliance. The company's commitment to offering attractive compensation and comprehensive benefits packages, including medical, dental, vision, 401(k), and tuition assistance, indicates its strategy to attract top-tier talent in a competitive job market. Once filled, the new Manager, Application Security will be instrumental in enhancing Paramount's security posture and compliance framework, potentially leading to further investments in security technologies and personnel. The ongoing need for robust security measures in the digital entertainment sector suggests that similar roles and initiatives will likely continue to emerge across the industry as companies strive to protect their digital assets and maintain regulatory adherence.
Beyond the Headlines
The creation of this specialized role reflects a broader trend across industries where the convergence of technology, finance, and regulatory compliance demands highly integrated skill sets. The emphasis on Oracle Fusion, a comprehensive suite of cloud-based business applications, indicates a strategic shift towards cloud adoption and the associated need for specialized security expertise in these environments. Furthermore, the requirement for SOX IT compliance highlights the enduring impact of the Sarbanes-Oxley Act on corporate governance and financial reporting, extending its reach into the technical architecture of enterprise systems. This role is not merely about technical security but also about risk management, internal controls, and ensuring the trustworthiness of financial data in an increasingly digital and interconnected business world. The ethical implications of data security and privacy are also implicitly addressed, as robust application security helps protect sensitive employee and customer information, reinforcing trust and corporate responsibility.
