Senior Internal Auditor (ontario)

Vaco Recruiter Services; Oakville; On-site; CAD 95,000 - 120,000; Full time

Benefits offered by this job

Discretionary bonuses

Medical benefits

Dental benefits

Vision benefits

401(k) retirement plan

Job summary

Vaco Recruiter Services is seeking a seasoned Internal Auditor to plan and perform financial and operational audits across the company’s businesses. You will collaborate with senior management and the Audit Committee to present findings and recommendations, ensuring robust internal controls and timely reporting.

Responsibilities include risk assessment, documentation, and follow-up on implementation of improvements.

Qualifications

• Recognized university degree or equivalent.
• CPA designation required.
• Strong understanding of internal controls and risk assessment methodologies.

Responsibilities

• Plan and perform financial and operational audits from initiation to reporting.
• Develop and present recommendations for improvements in controls and processes.
• Coordinate with finance, tax and acquisition teams to meet reporting deadlines.
• Assist with drafting internal audit plans and updates for the Audit Committee.
• Provide guidance on complex accounting topics (e.g., IFRS 16).
• Support external auditors during year-end audits.
• Train and educate business units on internal controls.

Skills

Internal controls

Risk assessment

Audit reporting

IFRS 16

Data analysis

Education

CPA designation

Tools

Excel

Data analytics tools

Job description

About the Company

Our client is a food manufacturer.

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.

Salary Range

$95,000 - $120,000/year

Benefits

• Discretionary bonuses
• Medical benefits
• Dental benefits
• Vision benefits
• 401(k) retirement plan

Location & Eligibility

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