internal auditor jobs in canada

see all jobs now
find financial analyst jobs in canada
financial analyst jobs in canada
internal auditor jobs in canada

everything you need to know about being an internal auditor

As an internal auditor, you identify and prevent financial irregularities in your organization through your expertise in accounting and finance. You design and implement strategies to improve accounting practices, operations, regulatory compliance, and financial controls, and guide decisions made by senior management.

You are your company’s expert in legislation and current best practices. You provide recommendations that protect your company’s assets, advise management on how to prevent fraud, and avoid non-compliance. You conduct thorough reviews and report on how to strengthen your organization and manage risks that could leave it vulnerable.

Internal auditors' main role is to safeguard the stability of their organization. You oversee proper accounting practices and reporting, preventing errors or fraud, develop public trust, and foster investor confidence. Large corporations learned a hard lesson from financial reporting scandals, such as Enron in the late 1990s. As a result, qualified internal auditors are in demand and essential to business success.

find internal auditor jobs
average internal auditor salaries in canada

average internal auditor salaries in canada

In their first year on the job, internal auditors can expect to between $50,000 and $60,000 per year, depending on their location in Canada. After many years of experience, internal auditor salaries can climb over the $95,000 per year mark, particularly in major finance centres and metropolitan areas.

 

 

latest internal auditor jobs available

  • Accounting Manager Kitchener

    24/03/2017 Kitchener, Ontario Permanent

    Are you a Senior Accountant with an entrepreneurial spirit and wanting to be a part of the success of a growing ... read more

  • Accounting Manager Windsor

    21/03/2017 Windsor, Ontario Permanent

    Are you a Big 4, CPA, CA with 5+ years' of experience, a solid background in audit and internal controls and open to ... read more

  • Accounting Supervisor Richmond Hill

    20/03/2017 Richmond Hill, Ontario Permanent

    Are you a hand's on Accounting Supervisor seeking new opportunities or a Senior Accountant ready for the next step in ... read more

  • Controls Analyst Waterloo

    16/03/2017 Waterloo, Ontario Temporary

    Our client, one of Canada's largest insurance organizations, is hiring a Controls Analyst for a one year contract with ... read more

  • Quality-Regulatory Specialist Markham

    14/03/2017 Markham, Ontario Temporary

    Our client, an international organization primarly focused on healthcare/electronics, is hiring a Quality-Regulatory ... read more

  • Manager Internal Audit Toronto

    24/02/2017 Toronto, Ontario Permanent

    One of our public sector clients, located downtown Toronto, is seeking a Manager Internal Audit with a strong track ... read more

view all jobs like this
internal auditor jobs

what internal auditor jobs entail

As an internal auditor, you’ll spend your time assessing risks, analyzing opportunities, ensuring the accuracy of financial statements, educating senior management about critical issues, investigating fraud, detecting wasteful spending, and recommending stronger controls. Normally, you’ll work the daytime hours of 9 to 5 in an office environment, although you may need to work overtime when reporting deadlines loom or when working on a specific project.

You may report to the Chief Audit Executive who, in turn, reports to the CFO or an audit committee of the Board of Directors and CEO. You will work with financial statements, IT systems, reports, and a team of finance professionals with the possibility of travelling to branch offices in other cities.

internal auditor jobs canada

your day to day tasks

As an internal auditor, you’ll provide key insights into the day-to-day operations of your business. You’ll play an important role in developing the policies and procedures as you work with management and board members. Your daily tasks mayinclude:

  • analyzing operations, policies, and procedures
  • checking the accuracy of financial documents and IT systems
  • conducting interviews with employees and managers to collect information
  • reviewing, evaluating, and testing internal controls and company performance to ensure compliance with regulations
  • collaborating with executives to establish and upgrade internal controls and processes
  • identifying financial system loopholes, risk aversion measures, and cost savings
  • preparing and presenting reports of audit results
  • continuously learning and applying new rules, regulations, best practices, tools, techniques, and standards
  • attending and presenting at meetings and possibly external audits
internal auditor jobs in canada

where you can work

Large corporations in all industries, governments, and nonprofit organizations in major cities employ internal auditors across Canada. As a result, you’ll find the demand for certified internal auditors everywhere, especially in large metropolitan areas such as Vancouver, Calgary, Winnipeg, Toronto, and Montréal.

job qualifications and experience

what you bring to the table

If you already have experience in accounting or auditing work and have demonstrated your understanding of financial controls, you may be ready to take the next step in your career as an internal auditor. To serve your organization well, you must have:

  • analytical, critical thinking, and problem-solving abilities
  • strong numeracy plus written and oral communication skills
  • organizational and project management skills with acute attention to detail
  • advanced knowledge of financial systems, reviews, and reporting
  • deep knowledge of accounting practices and internal controls
  • high regard for moral, ethical, and professional standards
  • ability to make sound judgments and recommendations
job skills and certifications

training and certifications

As an internal auditor, you’ll need to start with a post-secondary education in finance or commerce. You should pursue a degree in Business Administration or Accounting, and then consider an MBA to compete with others in your field.

You should then attain one of the following designations to develop an in-depth knowledge of financial auditing:

  • CPA (Certified Public Accountant)
  • CIA (Certified Internal Auditor)
  • CISA (Certified Information Systems Auditor)
  • CGAP certification (Certified Government Auditing Professional) - this certification is most relevant if you aspire to work in the public sector

The eligibility requirements for certification may include auditing work experience, a character reference, and your formal agreement to a code of ethics. After passing an exam and becoming certified, you’ll also be required to stay abreast of developments in auditing through continuing professional education.

jobs in canada

where your career is headed

Throughout your career as an internal auditor, you’ll provide objective advice that adds value to your organization's operations. To reach for the next level in your career as you develop your skills, make sure to focus on a systematic, disciplined approach when evaluating the effectiveness of risk management, controls, and governance processes. Along with your successful work experience, you should continue your professional development through additional training and industry related events.

Once you’ve built a strong foundation of knowledge and experience, you might consider executive development to become a lead, manager, or chief audit executive (CAE). Apart from formal learning and work experience, you can expand potential opportunities by networking with the top executives of organizations, whether they are international, private, public, or nonprofit.

 

latest internal auditor jobs available

  • Accounting Manager Kitchener

    24/03/2017 Kitchener, Ontario Permanent

    Are you a Senior Accountant with an entrepreneurial spirit and wanting to be a part of the success of a growing ... read more

  • Accounting Manager Windsor

    21/03/2017 Windsor, Ontario Permanent

    Are you a Big 4, CPA, CA with 5+ years' of experience, a solid background in audit and internal controls and open to ... read more

  • Accounting Supervisor Richmond Hill

    20/03/2017 Richmond Hill, Ontario Permanent

    Are you a hand's on Accounting Supervisor seeking new opportunities or a Senior Accountant ready for the next step in ... read more

  • Controls Analyst Waterloo

    16/03/2017 Waterloo, Ontario Temporary

    Our client, one of Canada's largest insurance organizations, is hiring a Controls Analyst for a one year contract with ... read more

  • Quality-Regulatory Specialist Markham

    14/03/2017 Markham, Ontario Temporary

    Our client, an international organization primarly focused on healthcare/electronics, is hiring a Quality-Regulatory ... read more

  • Manager Internal Audit Toronto

    24/02/2017 Toronto, Ontario Permanent

    One of our public sector clients, located downtown Toronto, is seeking a Manager Internal Audit with a strong track ... read more

view all jobs like this