Internal Auditor

Description:

IFG – International Financial Group, on behalf of its client — a publicly listed insurance company — is seeking an experienced Internal Auditor to join their team in Mississauga, Ontario. This hybrid role offers an exciting opportunity to contribute to the organization’s internal control and compliance environment through rigorous auditing, risk assessment, and process improvement initiatives.

The selected candidate will play a pivotal role in assessing and testing internal controls under SOX (Sarbanes-Oxley Act) or NI 52-109 frameworks while working closely with business units to identify inefficiencies, mitigate risks, and ensure compliance with corporate governance standards.

Key Responsibilities

Audit Planning and Execution

• Develop and execute internal audit plans in accordance with organizational goals and regulatory requirements.

• Conduct risk assessments to identify potential areas of financial, operational, and compliance risk.

• Perform testing of internal controls under SOX or NI 52-109 frameworks.

• Review and document audit findings, including deficiencies, inefficiencies, or areas of potential fraud.

Process Evaluation and Risk Mitigation

• Analyze key business processes to identify opportunities for control improvements.

• Collaborate with line-of-business leaders to understand operational processes and recommend enhancements.

• Assist management in developing remediation plans and ensure timely follow-up of audit recommendations.

Reporting and Compliance

• Prepare detailed audit reports summarizing findings, risks, and recommended corrective actions.

• Ensure compliance with corporate governance standards, audit methodologies, and professional practices.

• Support external audit requirements by providing internal testing results and relevant documentation.

Qualifications and Requirements

• Professional Designation: CPA (Chartered Professional Accountant) or CIA (Certified Internal Auditor) required.

• Experience: Minimum 3+ years of internal audit experience in financial services, insurance, or related sectors.

• Technical Knowledge: Proven experience in controls testing under SOX or 52-109 compliance standards.

• Analytical Skills: Strong ability to identify control weaknesses, assess risk, and propose actionable improvements.

• Communication Skills: Excellent written and verbal communication with the ability to present findings clearly to senior management.

• Interpersonal Skills: Collaborative team player with a high degree of professionalism and integrity.