Internal Audit Specialist

POSITION:           Internal Audit Specialist 
REPORTS TO:     Manager, Internal Audit & Risk
DEPARTMENT:    Legal
LOCATION:          North Bay
REFERENCE:      800-180-25
SALARY:              $86,710 - $101,998

WHO WE ARE:
Ontario Northland Transportation Commission (ONTC) is an Agency of the Province of Ontario that provides efficient and vital transportation services.  We are a modern, forward-thinking organization focused on providing safe and reliable transportation services. ONTC has a rich history of over 120 years and strong connections to the communities we serve. With over 900 skilled professionals, we work together to enhance transportation services and ensure that they are sustainable for future generations.  We offer a dynamic workplace culture, along with a competitive salary, excellent benefit package, a defined benefit pension plan, paid vacation, paid personal leave days and discounted transportation on our bus and passenger rail services. 

ACCOUNTABILITY STATEMENT:
The Internal Audit Specialist is responsible for supporting the achievement of the organization's objectives through the assessment and improvement of internal controls spanning all areas of finance operations, including compliance.  

MAJOR DUTIES/ RESPONSIBILITIES:

• Lead or support a variety of audit projects in the areas of governance, financial management, risk assessment, information systems and compliance
• Plan and perform risk assessments to determine and develop detailed objectives and scope for each assigned audit including development of risk and control matrix
• Evaluate the effectiveness of internal controls and recommend improvements
• Ensure compliance with policies and procedures including adherence to provincial directives and regulations
• Prepare detailed audit reports summarizing findings, risks, and recommendations for management
• Leads and/or contributes to the communication and negotiation of audit observations and internal control deficiencies through the review of draft reports with stakeholders, presenting issues to relevant stakeholders/management and proposing appropriate, cost-beneficial and practical recommendations
• Collaborate with the audit manager to present and report final audit results to stakeholders, including relevant department heads and senior management
• Conduct follow-up procedures to ensure identified issues have been adequately addressed
• Contributes to ongoing continuous improvement in internal audit services by keeping current on new developments in the profession, identifying improvement opportunities and involvement in continuous improvement activities

REQUIREMENTS:

• University Degree in Business Administration, Accounting, Finance or related discipline or an equivalent combination of education and experience
• CPA with audit training or Certified Internal Auditor (CIA) designation preferred
• 2-3 year’s experience in similar role 
• Experience with end-to-end financial reporting and financial statement close processes 
• Knowledge of internal control development, implementation, monitoring and maintenance
• Internal audit / audit procedure knowledge and ability to design and perform audit procedures 
• Strong understanding of public sector accounting principles and full cycle accounting processes 
• Organizational and time management skills, including balancing multiple priorities and tasks
• Demonstrated problem solving and analytical abilities, and a strong attention to detail 
• Competency with MS Office and Finance ERP systems 
• Excellent oral and written communication skills 
• Must have good interpersonal skills
• Ability to work both independently and in a team oriented, collaborative environment
• Must be committed to Health and Safety 

BACKGROUND INVESTIGATION: The successful candidate will need to pass the following clearances: criminal record check, employment references and education verification.

CLOSING DATE: January 27, 2025, no later than 11:59 p.m. We thank all applicants for their interest; however, only those selected for an interview will be contacted. Qualified individuals are invited to apply in writing with a current covering letter and resume (provided in one document), stating reference name and number.  Visit our career website to apply: https://www.ontarionorthland.ca/en/careers

At Ontario Northland, we are committed to employment equity.  We value the unique skills and experiences each person brings to Ontario Northland and invite all interested individuals to apply and encourage applications from Indigenous peoples, racialized persons, women, persons with disabilities, and persons who identify as 2SLGBTQIA+.
Ontario Northland will provide accommodation to ensure barrier-free employment in accordance with the Canadian Human Rights Act and the Accessibility for Ontarians with Disabilities Act. You can request accommodation at any stage of the hiring process. If you require an accommodation, please contact Human Resources.

Les offres d'emploi sont également disponibles en français. Visitez notre site Web sur les carrières ou appelez le 1-800-363-7512, poste 394 pour plus de renseignements.