Senior Internal Auditor (ontario)

Vaco; Oakville; Hybrid; CAD 95,000 - 120,000; Full time

Benefits offered by this job

Hybrid work environment

Extensive benefits

Great company culture

Medical, dental, vision + 401(k)

Discretionary bonuses

Job summary

Vaco is seeking an Internal Auditor to join its growing team in a hybrid Toronto area role. You will plan and execute financial and operational audits, assess risks, and report to senior management and the Audit Committee.

You will develop actionable recommendations to improve controls, document procedures, and coordinate with multiple departments to meet deadlines. Strong ISA/GAAP knowledge and CPA designation are required.

Qualifications

• Recognized university degree and a recognized accounting designation (CPA, CPA, CA/CGA/CMA).
• Knowledge of formal internal control frameworks and risk assessment methodologies (COSO).
• Understanding of Canadian Corporate Governance regulations ( NI 52-109 ).
• Experience in operational, financial and/or IT audits.
• Experience in business process documentation and reengineering.
• Proficiency in drafting clear reports for diverse audiences with actionable recommendations.
• Advanced proficiency in MS Office; familiarity with auditing/data analytics tools.

Responsibilities

• Plan and perform financial and operational reviews from start to finish, including risk assessment and sampling.
• Develop and present recommendations to improve systems and controls.
• Follow up to ensure recommendations are implemented by management.
• Report on inadequate internal control and assist with policy/procedure development.
• Document policies and procedures and share best practices across businesses.
• Perform physical inventory counts and reconciliations for new acquisitions/ reviews.
• Support onboarding with opening balance sheet adjustments and IT control reviews.
• Collaborate with finance, tax, and acquisition teams to meet reporting deadlines.
• Educate businesses on internal controls during and after audits.

Skills

COSO framework

Auditing experience

Excel proficiency

Financial auditing

Education

CPA designation

Tools

Microsoft Office

Data analytics tools

Job description

About the Company

Our client is a food manufacturer. They are looking for someone to join their growing Internal Audit team.

Why Work Here

Large company with a great reputation

Hybrid work environment

Competitive compensation package with extensive benefits!

Great company culture, industry leader in North America

About the Opportunity

Plan and perform financial and operational reviews of the Company's businesses (in a collaborative and partnering manner) from start to finish, including planning, performing risk assessment, selecting samples, reviewing supporting documentation, conducting onsite interviews with process owners and closing meetings with Senior Management of the businesses, and reporting results to Company Senior Management and the Audit Committee.

Develop and present recommendations for improvements in operational and financial systems and controls, both verbally and in writing.

Develop and execute follow up mechanisms with accounting, operations and Senior Management of the businesses to ensure that recommendations are implemented as agreed upon.

Report results of inadequate internal control and provide input into policy and procedure development.

Documenting policies and procedures, and identifying and assessing best practices for distribution to the Company's businesses as applicable.

Perform physical inventory counts (on a spot check basis) for newly acquired businesses or during business reviews, perform reconciliation, compile and report count results.

Perform risk assessment and financial statements audits of the opening balance sheets for newly acquired businesses; identify and propose adjustments and internal control recommendations, and provide support to the business as part of the onboarding process.

Also, work with various departments (e.g. finance, tax, and acquisition team) to ensure deliveries are completed by the internal and financial reporting deadlines.

Training and educating the businesses on internal controls, both during and after the completion of internal audits to ensure a sound internal control environment.

Provide guidance to businesses on complex accounting topics (such as IFRS 16).

Review adequacy of controls for IT management systems to ensure validity and security of information, as well as adherence to established policies and procedures.

Assist with drafting the annual internal audit plan and compiling the quarterly internal audit updates to the Audit Committee (including compliance with Nl 52-109 corporate governance regulations).

Monitor and evaluate relevant updates provided by Ontario Securities Commission (OSC) and Canadian Securities Administrators (CSA) and provide recommendations and guidance to the Company Finance team to enhance continuous disclosure of publicly filed documents.

Support and assist the Company's external auditors in the completion of the year-end audit.

Perform special projects (e.g. incident reporting reviews, fraud investigations, operational projects) as requested by Company Senior Management.

About You

• Recognized university degree and a recognized accounting designation (CPA, CPA, CA/CGA/CMA).
• Knowledge of formalized internal control frameworks and risk assessment methodologies (COSO framework).
• Understanding and interpretation of Canadian Corporate Governance regulations (NI 52-109).
• Demonstrated experience in performing operational, financial and/or information technology audits.
• Demonstrated experience in business process documentation, analysis and reengineering.
• Proficiency in drafting a variety of clear and concise reports for a diverse audience that includes value added and feasible recommendations.
• Advanced proficiency in the use of standard Microsoft Office desktop applications and familiarity with auditing and data analytical tools is an advantage.
• Experience in reporting (in writing) to the Audit Committee, both in terms of planning and reporting of the internal audit function.

Benefits

• Hybrid work environment
• Competitive compensation package with extensive benefits!
• Great company culture, industry leader in North America
• Medical, dental, and vision benefits as well as the company's 401(k) retirement plan
• Potential discretionary bonuses

Salary

Salary Range $95,000 - $120,000/year

Location

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

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.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certification requirements, office location and other geographic considerations, and other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.