Internal Audit Specialist

Position Summary

The City of Regina has a new opportunity for an Internal Audit Specialist to support the implementation of the Council approved Internal Audit Plan and perform the planning, development of the audit program, testing and reporting phases of an audit in accordance with auditing standards. The primary duties include supporting development of the departments internal audit work plan, risk management and continuous improvement of the control environment. 

Key Duties & Responsibilities

Operational Planning  

• Supports the Internal Audit department in implementation of the annual audit plan in the context of both the City and Department plans
• Conducts audit planning activities including consulting with the business to collect background information and documentation to support the assessment of risk, determine the scope of the audit and develop a comprehensive testing plan.
• Conducts complex audit assignments from start to finish including the development of the audit work plan, implementation and execution of the audit, all analyses, documentation of observations and recommendations, in accordance with Institute of Internal Auditors professional standards.
• Assists in conducting comprehensive investigations, in accordance with the City Policies.
• Maintains working papers, follows the prescribed internal audit process and ensures compliance with the internal auditing standards.
• Support preparation and proof complex documents and reports which may be submitted to City Council and committees.
• Makes recommendations to mitigate risks observed during reviews, for the improvement of the financial, administrate, operational and organizational processes.
• Work with the business to develop value added management action plans to address the identified issues and effectively monitor their status to completion.
• Provide assistance to external consultants (co-sourcing arrangements) to facilitate the performance of their audit work.
• Perform other relevant duties as assigned

 
Stakeholder Relationship Management 

• Builds strong working relationships with managers, directors and executive leadership team to provide direction and support in designing systems of internal controls to fit the business area program and operations
• Maintains professional memberships and partnerships/relationships with professional/industries

Risk Management

• Ensures that policies, procedures and practices are developed, maintained and adhered to through the audit process; recommends changes as required
• Conducts risk assessment and supports identifying the operational risks, program/service reviews and develops recommendations and action plans

Key Qualifications

• An undergraduate degree in commerce or related discipline;
• Designations such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE), or its equivalent;
• Minimum 5 years internal audit experience.
• Municipal or public sector experience would be considered an asset
• Equivalent combination of education and experience may be considered
• Knowledge of audit methodologies, project management and system development methodologies, control frameworks and risk management practices, and regulatory requirements
• Knowledge of the City's accounting and budgeting processes, financial systems, policies and procedures.

Good stuffs

•  Robust Benefits package which includes, but is not limited to:

    o Health Coverage (employer paid)

    o Dental Coverage 

    o Basic Group Life & Options

    o Health Care Spending Account

    o Civic Pension Plan with Employer Contributions 

•  Supported educational programs to enhance employee knowledge and skills through our Educational Assistance Program. Options for Long-term learning programs to provide opportunities for employees to work towards a designation, degree, etc.,
•  50% off admission to City leisure facilities (Swimming, etc.),
•  An inclusive and diverse work culture