Director, ICOFR & Internal Control Excellence (Canada)

Canada Life Group; Toronto; Hybrid; CAD 128,000 - 178,000; Full time

Benefits offered by this job

Career development

Health & Wellness

Time Off

Financial Security

Rewards and Recognition

Community engagement

Job summary

Canada Life is seeking a Director, ICOFR to lead the Canadian ICOFR program and ensure a sustainable, risk-based control environment that supports accurate financial reporting and CEO/CFO certification.

The role coordinates with Finance, Technology, Risk & Controls, Internal Audit, and External Audit to drive design, remediation, and continuous improvement of ICOFR controls, with strong leadership for the Canada Controller Group.

Qualifications

• CPA designation is required.
• 8+ years of progressive experience in internal controls, external audit, internal audit, or financial reporting, including leadership of teams and cross-functional initiatives.
• Strong knowledge of internal control frameworks, including COSO and ICOFR/SOX, with experience evaluating deficiencies and remediation.
• Demonstrated experience leading ICOFR, control optimization, remediation, or control automation initiatives.
• Strong project management and organizational skills with the ability to manage multiple priorities in a dynamic environment.
• Exceptional communication, presentation, stakeholder management, and relationship-building skills for senior leaders and partners.
• Experience building and leading high-performing teams; insurance/financial services industry experience is a strong asset.

Responsibilities

• Govern governance and program oversight of the Canadian ICOFR program, coordinating across finance, technology, risk & controls, internal and external audit, and senior management.
• Oversee design, documentation, assessment, and continuous improvement of the Canadian control environment through risk assessment, scoping, and control optimization.
• Oversee deficiency evaluations and remediation activities, including severity evaluation and progress monitoring, reporting to senior management.
• Lead efforts to strengthen the overall control environment, improve control documentation, and promote accountability across the organization.
• Build and lead a high-performing team with coaching and development opportunities, fostering collaboration and business partnership.

Skills

Leadership

Stakeholder Management

Communication

Project Management

Team Building

Cross-functional Coordination

ICOFR/SOX Knowledge

Education

CPA designation

Tools

COSO framework

Job description

Canada Life is seeking a Director, ICOFR to lead the Canadian ICOFR program and ensure a sustainable, risk-based control environment that supports accurate financial reporting and CEO/CFO certification.

The role coordinates with Finance, Technology, Risk & Controls, Internal Audit, and External Audit to drive design, remediation, and continuous improvement of ICOFR controls, with strong leadership for the Canada Controller Group.