Senior Internal Auditor – Capital

Job title:

Senior Internal Auditor – Capital

Company

Metrolinx

Job description

Job Description:Metrolinx is connecting communities across the Greater Golden Horseshoe. Metrolinx operates GO Transit and UP Express, as well as the PRESTO fare payment system. We are also building new and improved rapid transit, including GO Expansion, Light Rail Transit routes, and major expansions to Toronto’s subway system, to get people where they need to go, better, faster and easier. Metrolinx is an agency of the Government of Ontario.At Metrolinx, equity, diversity and inclusion are essential to living our values of serving with passion, thinking forward and playing as a team.Capital Program Assurance group under the Audit, Regulatory Compliance and Controls (ARCC) team is looking for a Senior Internal Auditor to lead independent, objective, and constructive assessments of its Capital Program risks as well as the adequacy and effectiveness of management’s processes to identify and mitigate them across Metrolinx Capital portfolio. As a Senior Internal Auditor, you will also follow the standards of the Institute of Internal Auditors (IIA), the internal audit profession’s industry best practices, and the Internal Audit Charter.This is a 9 months contract position with possibility for extension.What will I be doing?

• Leading risk-based reviews and audits of Program Governance, Contract Adherence, Management and Compliance of Metrolinx’s Policies & Procedures in the Capital space at the Program and Project levels.
• Assists the (Senior) Manager, Capital Program Assurance to develop an annual Program Assurance (Audit) Plan that aligns with Enterprise Risk Management’s (ERM’s) risk register, and the organization’s strategic objectives.
• Develops and maintains strong relationships with management to strengthen confidence and trust on Capital Program Assurance provided within the Internal Audit Services; works collaboratively with management to ensure management action items and recommendations from project assurance findings are addressed and completed in a timely fashion.
• Leading the planning and performance risk assessments (with external consultants, as applicable) to determine and develop detailed objectives and scope for each assigned audit; developing process maps and documentation to provide a framework for control gap analysis and audit effort prioritization.
• Leading the development of audit programs (with external consultants, as applicable) to document the test steps for each assigned audit; supervising and coaching less-experienced team members to develop their auditing skills and facilitate audit completion; reviewing working papers from more junior team members (if any).
• Leading the preparation of Audit Reports that are clear, impartial, follow approved templates and feature content that’s value adding to the organization.
• Ensure progress is made on prior recommendations and management action plans through timely follow up processes to assess actions taken and assists in preparing related reports for management and the Board.
• Performing audits in conformance with professional (IIA) and divisional standards and industry best practice, including working with co-sourced audit service providers and utilizing the IIA competency framework.
• Acts as a trusted advisor and partners with business leaders to ensure a comprehensive and systematic approach is taken, and business risk and control decisions are made.
• Ensuring timely reporting of external services accruals and processing of invoices for any engaged subject matter experts.
• Assisting the (Senior) Manager in maintaining positive working relationships with MTO’s Internal Audit Team (MTO-IA) and the OAGO; liaising between external audit groups and Metrolinx business units.
• Developing and maintaining a positive and productive working relationship with staff and management throughout the organization, with a ‘no surprises’ approach to audit work and findings.
• Focus on continuously improving tools, practices, and methodologies consistent with the IIA’s IPPF and divisional standards and the profession’s quality assurance (QA) methodology to receive high scores in any independent QA performance review.
• Must demonstrate commitment to complete Certified Internal Auditor (CIA) and Project Management Professional (PMP) designations.
• Other duties as assigned.

What Skills and Qualifications Do I Need?

• Completion of a degree in Business Administration, Accounting, Engineering, Information Technology, or a related discipline – or a combination of education, training and experience deemed equivalent.
• Completion of CIA and PMP designations is an asset.
• Having a degree in in applied Science, Engineering, Architecture or a related discipline along with experience in Capital Project Management across various delivery models is an asset.
• Knowledge of Project management methodologies to assess construction projects from start to completion is highly desired; along with knowledge of procurement processes to identify opportunities for improvements.
• Analytical and problem-solving skills to conduct complex and comprehensive root cause analysis to identify risks that could affect Capital Projects is a must.
• Proficiency in MS Office (Word, Excel, PowerPoint, Outlook), and other project or commercial management software tools and applications to identify issues or opportunities for improvement.
• Interpersonal and oral/written/presentation skills to represent the Audit Regulatory Compliance & Controls team in dealing with all project capital assurance audits; in addition, to managing relationships with internal and external stakeholders; to identify and make necessary recommendations around project management controls, policies, and procedures.
• Knowledge of Contract Law and standard contract forms (CCDC), the Occupational Health and Safety Act, Environmental Assessment Act, and the requirements of the Professional Engineers Act is an asset.
• Demonstrated progressive experience conducting internal audits, including experience in a capital-intensive industry, professional services, or a comparable combination of progressive experience in internal and external audit (while obtaining relevant professional designation(s)).
• Encouraged to become a member of the Institute of Internal Auditors after joining.
• Continuing Education in auditing, project management, technology and / or construction is required.
• Relevant designations are expected with priority given to auditing designations.

• Auditing/Accounting: Certified General Accountant (CGA), Chartered Professional Accountant (CPA), Chartered Professional Accountant – Chartered Accountant (CPA, CA), Certified Management Accountant (CMA) with preference given to CPA, CA due to the professional auditing skills obtained during the course of obtaining a CPA, CA designation.

Examples of relevant designations:

• Engineering and Project Management: Professional Engineer (P.Eng.) and Project Management Professional (PMP)
• Fraud: Certified Fraud Examiner (CFE) or Certified Forensic Investigator (CFI)
• IIA designations: Certified Internal Auditor (CIA), Certified Government Auditing Professional (CGAP), Certification in Control Self-Assessment (CCSA), Certification in Risk Management Assurance (CRMA), and Certified Financial Services Auditor (CFSA)
• ISACA designations: Certified Information Systems Auditor (CISA), Certified in the Governance of Enterprise IT (CGEIT), and Certified in Risk and Information Systems Control (CRISC)

Don’t Meet Every Requirement?If you’re excited about working with Metrolinx but your past experience doesn’t quite align with every qualification of this posting, we encourage you to apply. You just might be the right candidate for this or other roles. We are always looking for great talent to join our team.We invite all interested individuals to apply and encourage applications from members of equity-deserving communities, including those who identify as Indigenous, Black, racialized, women, people with disabilities, and people with diverse gender identities, expressions and sexual orientations.Accommodation:We value the unique skills and experiences each person brings to Metrolinx and are committed to creating and maintaining an inclusive and accessible environment. We are committed to the requirements of the Accessibility for Ontarians with Disabilities Act so if you require accommodation during the hiring process, please let our Recruitment team know by contacting us at: 416-202-5601 or email .Application Process:All applicants must be legally entitled to work in Canada. Metrolinx will be using email to communicate with you for all job competitions. It is your responsibility to include an updated email address that is checked daily and accepts emails from unknown users. As we send time-sensitive correspondence, we recommend that you check your email regularly. If no response is received, we will assume you are no longer interested in pursuing the opportunity. Please be advised that a Criminal Record Check may be required of the successful candidate.For Internal applicants, with the recent implementation of the Internal Mobility Policy, the internal recruitment process has changed for non-union roles. Candidates must be in their current role for 12 months prior to applying for another role and each applicant must be in good standing (not participating in a Performance Improvement Plan). Please review all provisions of the before submitting your application.Should it be determined that any background information provided is misleading, inaccurate or incorrect, Metrolinx reserves the right to discontinue with the consideration of your application.We thank all applicants for their interest, however, only those selected for further consideration will be contacted.WE ARE AN EQUITABLE AND INCLUSIVE EMPLOYER.#LI-SC1

Expected salary

Location

Canada

Job date

Sun, 07 Jul 2024 01:19:09 GMT

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