Internal Audit Analyst

Vaco; Markham; Hybrid; CAD 90,000 - 100,000; Full time

Benefits offered by this job

Very strong work life balance

Overtime is paid for

Great learning and mentorship

Supportive culture

Hybrid work structure

Job summary

Vaco by Highspring is seeking an Internal Audit Analyst to join our financial services client in a hybrid role based in the Greater Toronto Area. The candidate will plan, execute, and report internal audits in accordance with IIA standards and advance risk-based testing leveraging data analytics tools.

The ideal candidate has 2 years of internal audit or related risk experience, strong data analytics skills, and proficiency with Excel, Power BI, and TeamMate.

Qualifications

• Bachelor's degree in accounting, finance, business, or a related field is required.
• 2 years of internal audit or relevant risk/control/compliance experience.
• Strong data analytics skills and comfort with audit tools and data extraction.

Responsibilities

• Plan, execute, and report internal audits aligned with IIA Standards and Internal Audit methodology.
• Perform risk assessments and test design/operating effectiveness of controls; identify improvements.

Skills

Data analytics

Excel

Power BI

TeamMate

Education

Bachelor's degree in accounting, finance, business, or related field

Tools

Excel

Power BI

TeamMate

Job description

About the Company

Our client is a Financial Services Company. They are looking for an Internal Audit Analyst to join their team!

Why Work Here

• Very strong work life balance
• Overtime is paid for
• Great learning and mentorship opportunity
• Supportive culture
• Hybrid work structure

About the Opportunity

Audit Planning & Execution

Take an active role in planning, executing, and reporting internal audits, ensuring all activities align with the Institute of Internal Auditors (IIA) Standards and established Internal Audit methodology. Support risk assessments to identify key risks across various business processes, evaluating both the design and operating effectiveness of internal controls while identifying improvement opportunities. Independently conduct a variety of audit and SOX tests based on risk assessments, focusing on control design and operating effectiveness. Complete assignments within agreed-upon timelines, ensuring documentation is both accurate and comprehensive. Conduct interviews, review documentation, and analyze data to gather evidence, test controls, and identify improvement opportunities and their organizational impact. Consistently update and maintain Internal Audit and SOX risk assessments for assigned process areas. Evaluate process design and provide recommendations for necessary enhancements. Collaborate with the Manager, Internal Audit, and process owners to address challenges, jointly developing practical and effective solutions for identified issues. Ensure timely remediation of deficiencies with suitable management action plans. Perform follow‑up testing and prepare audit and SOX deficiency reports for Executives and Management. Partner with Second Line of Defence groups-such as Compliance and Enterprise Risk Management to exchange risk insights, support education on control expectations, and deliver independent assurance over the adequacy and effectiveness of their control activities.

Analysis & Insight Generation

Leverage data analytics and audit tools (e.g., Excel, Power BI, TeamMate) to expand audit coverage, spot trends anomalies, and generate actionable insights. Prepare clear, organized, and well‑supported working papers that substantiate audit conclusions and recommendations.

Reporting & Communication

Contribute to drafting high‑quality audit reports, executive presentations, and other communications for senior leadership and stakeholders. Present audit observations in a clear, concise manner and participate constructively in discussions with management regarding findings and remediation plans.

Collaboration & Continuous Improvement

Identify opportunities to strengthen processes, improve operational efficiency, and contribute to the ongoing enhancement of Internal Audit practices. Support special projects, advisory reviews, and emerging risk assessments as needed.

About You

• Bachelor's degree in accounting, finance, business, or a related field.
• 2 years of internal audit or relevant risk/control/compliance experience.
• Data Analytical skills.

Salary Range

Salary Range $95,000/year

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.

The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [e-mail].

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.