Senior Internal Auditor

Location

Toronto

Employment Category

Regular Full-Time

Department

Finance

Job Reference

10414

Founded in 2002, the Nuclear Waste Management Organization (NWMO) is a not-for-profit organization tasked with the safe, long-term management of Canada’s intermediate- and high-level radioactive waste, in a manner that protects people and the environment for generations to come.

The NWMO has been guided for more than 20 years by a dedicated team of world-class scientists, engineers and Indigenous Knowledge Holders who are developing innovative and collaborative solutions for nuclear waste management. In 2024, the NWMO selected Wabigoon Lake Ojibway Nation and the Township of Ignace as the hosts for the site for a deep geological repository for used nuclear fuel.

This decision means our office and staff will, in the future, be relocating to Ignace, Ont., and the deep geological repository will be situated in the area of Wabigoon Lake Ojibway Nation and the Township of Ignace. Infrastructure planning and development are underway to support this transition and ensure that both the community and our employees are well served and supported, now and in the future.

Senior Internal Auditor

Fulltime – One (1) Position Available

Position Location: Toronto Head Office – 22 St. Clair Avenue East

or Ignace, Ontario – 304 Main Street

JOB SUMMARY

Reporting to the Director, Internal Audit, the Senior Internal Auditor will be an integral member of the risk, compliance, and internal audit functions. The Senior Internal Auditor will be responsible for overseeing, executing, and reporting on high impact internal audit projects, internal control assessments, and other risk and compliance projects. The internal audit and risk teams are responsible for delivering accurate, timely and useful insights and recommendations to improve NWMO’s governance, processes, internal controls, and value-for-money operational audits.

Responsibilities

- Lead and coordinate the execution of financial, operational or compliance audits of NWMO’s business, including planning and performing business and operational risk assessment, designing testing procedures and sampling methodology, conducting onsite interviews with process owners, and holding closing meetings with staff and department leads.

- Plan, organize, and perform a full range of audits and advisory activities in the Internal Audit annual audit plan under the direction of Director, Internal Audit.

- Present observations and recommendations for improvements to auditees and senior management, both verbally and in writing.

- Lead discussions with clients across all management levels at audit review meetings.

- Provide functional advice, guidance, and assistance to management regarding the effectiveness of internal controls in mitigating key risks to the achievement of the company’s objectives and attempting to ensure compliance.

- Engage in management-led initiatives related to internal control and risk management with focus on enhancing assurance level.

- Report audit conclusions, recommended improvements, planned management actions, follow-up status to department leads, the Executive Committee, and the Audit, Finance, Risk Committee (“AFRC”) as appropriate.

- Monitor status and resolution of management actions in response to identified control gaps.

- Develop audit reports for senior management and the AFRC and the Board; assist in the development of reports for management and various Board committees.

- Assist in the development of a flexible, risk-based annual internal audit plan balancing the use of in-house expertise and co-sourced partners for submission to the AFRC for review and approval and compiling the quarterly audit reports for senior management and the Board.

- Maintain professional relationships with management, stakeholders, and external service providers. Coordination of these groups and influencing them to change a course of action that results in a high level of satisfaction relative to delivered services.

- Work in partnerships across all the organization to review and assess current processes, recommend pragmatic enhancement opportunities, and engage respected employees to actively identify and manage business risks and controls.

- Advance the internal audit methodology by including the use of data analytics and generative AI, identifying key risk indicators for continuous auditing/monitoring, and developing dashboard report for high volume transactions.

- Maintain the Internal Audit Charter and related policies, procedures, manuals, and training materials as required.

- Stay informed on current, emerging, and potential risks, trends and opportunities affecting the NWMO and actively share with the team to strengthen the team’s knowledge.

- Maintain an up-to-date knowledge of the standards and guidance included in the Global Internal Audit Standards developed by the Institute of Internal Auditors (IIA) and with the evolving knowledge in the field of Internal Auditing; maintain compliance with the IIA standards and its Code of Ethics.

- Perform other duties as required.

Qualifications and Experience

- Requires a 4-year university degree and advanced knowledge of modern management and business-related disciplines, including finance, accounting, risk management, economics, business administration, science/engineering, information technology and organizational behaviour.

- Professional auditing and/or accounting designation required (e.g., CPA/CIA/CISA).

- Requires relevant knowledge to comprehend and apply relevant theory to a broad range of business practices across the organization.

- Requires relevant knowledge to develop credible recommendations to address identified control deficiencies and/or improve business processes.

- Requires strong communications skills, both orally and written, to communicate audit assessments concisely and effectively.

- Key personal attributes include collaborative, initiative-taking, detail-oriented and hard-working team player.

- Strong project management skills and ability to lead and manage multiple assignments. Proven problem solver with change management skills.

- Over 8 years and up to 10 years is considered necessary to gain this experience in risk consulting, business audit, risk management, finance, or other professional disciplines (Big 4 firms experience is an asset).

- Comprehensive theoretical and applied knowledge of auditing standards, accounting principles and audit practices and methodologies.

- The ability to determine audit priorities and appropriate scope, size, and sample selection. Requires skills and knowledge to ensure that decisions adhere to auditing and accounting principles, policies, and standards.

- Requires comprehensive theoretical and applied knowledge of risk management frameworks and principles, practices, standards, and methodologies (e.g. COSO, COBIT, Sarbanes-Oxley, Enterprise Risk Management, ISO31000, Risk Based Auditing, etc.). Ability to utilize appropriate risk assessment and management methodologies to monitor evaluate, report risks to senior management and identify risks and adopt risk mitigation strategies.

- Requires project management and team leadership skills for successful execution of audit engagements. Experience in managing or conducting multiple complex audits.

- Proficiency with data analytic tools (e.g., PowerBI, Alteryx, Python, Tableau, etc.) for data extraction analytical insights.

- Experience in auditing special themes such as privacy, fraud, and other compliance related reviews is preferred. Requires experience and/or exposure to operational, financial, contract auditing, and audit management. Requires working knowledge and experience of business risk assessment. Requires working knowledge and experience associated with management processes and systems related to operations, project management, information technology, finance/accounting, supply chain, and human resources to provide practical, value-added recommendations on business and management risks and required improvements. Required relevant knowledge of the company’s management operations, structures, and systems, and management policies, strategies, and accountabilities.

- Prior experience in the nuclear industry is an asset.

Other Information

Must be eligible to work in Canada and must be able to meet security clearance requirements.

Candidates residing in the Greater Toronto Area: Office Location – 22 St. Clair Avenue East until their role is required to relocate.

NWMO currently operates in a hybrid work model of 3 days in the office (Tuesdays being universal) and 2 days working from home.

We offer a competitive base salary, health care benefits and a defined benefit pension plan.

The NWMO is committed to contributing to Reconciliation in all its work by co-creating a shared future built on rights, equity and well-being. As an employment equity employer, NWMO actively seeks Indigenous Peoples, members of visible minorities, women, people with disabilities, and additional diverse identities for our workforce. The NWMO will provide accommodation to applicants with disabilities.

The NWMO is committed to contribute to Reconciliation in all our work by co-creating a shared future built on rights, equity and well-being. As an employment equity employer, the NWMO actively seeks Indigenous peoples, visible minorities, women, people with disabilities, and additional diverse identities for our workforce. We will provide accommodation to applicants with disabilities.