Occupies a key position in the audit team, planning and executing audits flawlessly to deliver high quality, value-added output that supports informed decision making by management;
Adheres to the audit plan, but possesses the ability to look outside the constraints of individual audits seeing the ‘bigger picture’ and presenting practical, achievable options to mitigate risks;
Provides ad-hoc advice and support to stakeholders on projects, programs and initiatives (including the creation/modification of policies, procedures, processes or services) helping to ensure an appropriate level of internal control and compliance is maintained;
Leads out of plan assignments under the direction of Audit Management, undertaking special projects, audits, reviews and investigations while ensuring independence and objectivity is not compromised.
Develops the overall scope of each audit and associated resources required for Management review;
Leads opening meetings with the proponent, explaining the scope and objectives of the engagement, and providing an overview of the steps in the audit process;
Develops a thorough understanding of (in scope) business processes, documenting these in flowcharts and/or process narratives. Identifies, documents and assesses inherent risks and controls.
Uses professional judgment and the internal audit methodology to develop a risk based test plan, selecting an appropriate audit approach, test procedures and sampling criteria;
Performs audit tests in accordance with professional IIA standards and the IA methodology, preparing, organizing and referencing work papers for review by the Manager, Internal Audit;
Evaluates the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identifies and documents control and process weaknesses, providing evidential support for findings;
Collaborates effectively with other team members, mentoring less experienced personnel toward high levels of performance;
Engages IT Internal Audit personnel to evaluate, or assist in the evaluation of, the integrity, reliability and effectiveness of information systems through the application of information systems audit and control techniques;
Negotiates, manages conflicts and uses problem solving techniques to ensure professional level services to proponents;
Proposes practical, value added, recommendations to address control weaknesses and/or process inefficiencies.
Feedback, Reporting and Follow-up
Delivers oral and written presentations to management at various stages of the audit engagement;
Takes a lead role in closing meetings with the proponent at the end of fieldwork, providing clear explanations for identified issues;
Prepares concise, informative audit reports, including a results based “opinion” and relevant recommendations to remediate any exceptions reported;
Obtains positive management commitment to audit outcomes and recommendations, holding management accountable for the resolution of agreed actions;
Monitors and reports the status of open audit observations on an ongoing basis, including evaluating the adequacy of remediation/corrective actions taken prior to formal closure.
Leadership: Works with minimal supervision; serves as a role model that other people want to follow; is proactive in developing strategies to accomplish objectives; establishes and maintains relationships with a broad range of people to understand needs and gain support; anticipates and resolves conflicts by pursuing mutually agreeable solutions; drives for change and improvements; does not accept the status quo; shows the courage to take unpopular stands.
Judgement/Decision-making: Identifies the key issues in a complex situation, and comes to the heart of the problem quickly; gathers relevant information before making a decision; considers positive and negative impacts of decisions prior to making them; takes decisions with an eye to the impact on others and on the University; proposes a course of action or makes a recommendation based on all available information; checks assumptions against facts; determines the actions proposed will satisfy the expressed and underlying needs for the decision; makes tough decisions when necessary.
Professionalism: Demonstrates the highest standards of integrity. Knowledge of auditing standards and practices, risk assessment, and applicable financial rules and procedures. Ability to identify issues, formulate opinions and present conclusions and recommendations. Has knowledge of specialized IT audit applications, such as IDEA and TeamMate. Shows pride in work and in achievements; demonstrates professional competence and mastery of subject matter; is conscientious and efficient in meeting commitments, observing deadlines and achieving results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations.
Communication: Speaks and writes clearly and effectively; listens to others, correctly interprets messages from others and responds appropriately; asks questions to clarify, and exhibits interest in having two-way communication; tailors language, tone, style and format to match the audience; demonstrates openness in sharing information and keeping people informed.
Teamwork: Works collaboratively with colleagues to achieve departmental and University goals; solicits input by genuinely valuing others’ ideas and expertise; is willing to learn from others; places the team before any personal agenda; supports and acts in accordance with management/departmental decisions, even when such decisions may not entirely reflect own position; shares credit for team accomplishments and accepts joint responsibility for team shortcomings.
Advanced university degree (Master’s degree or equivalent) in finance, accounting or a related business field is required. A first-level university may be accepted in lieu of the advanced university degree where the candidate has an appropriate amount of qualifying experience. Certification as a Certified Public Accountant (CPA), Chartered Accountant (CA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or equivalent is desirable.
A minimum of eight years of progressively responsible professional experience with at least six years in audit. Experience in supervisory functions and in public sector auditing is desirable .