Join our team as a Senior Internal Auditor to lead and support the delivery of high-impact audit initiatives that strengthen governance, risk management, and internal controls at Metrolinx. This hybrid role (2 days onsite) involves planning and executing a risk-based audit plan, conducting financial, operational, and compliance audits, and reporting key findings to senior management and the Board. You’ll collaborate with internal teams and co-sourced partners while mentoring staff, promoting best practices, and maintaining compliance with IIA standards. Ideal for professionals with 10+ years’ audit experience and a CPA, CIA, or other relevant designation seeking a leadership role in public transit.

 

What will I be doing?

• Assists the Senior Manager, Internal Audit, Operations maintain a comprehensive Internal Audit strategy that determines the adequacy of Metrolinx’s network of risk management, controls, and governance processes, including maintaining current information on the various sources of assurance across the organization (e.g., reviews, audits, evaluations and assessments performed by the business areas or elsewhere in the organization), to consider and report on the extent to which reliance thereon can be placed by executive management and the Board

• Assists the Senior Manager, Internal Audit, Operations develop a flexible, risk-based audit plan that considers the entire span of internal audit techniques and balances the use of in-house skills and co-sourced partners; prepares the audit plan for submission to the Board of Directors’ Audit Committee for review and approval 

• Plans and manages execution of individual audits, including financial, operational, internal control, value for money and compliance audits; coordinates various audit projects to meet established deadlines; coordinates priorities with other audit manager(s) and across audit teams 

• Assists the Senior Manager, Internal Audit, Operations develop reports for executive management and the Audit Committee of the Board (e.g. results of audit projects, lessons learned and their applicability across the organization, Internal Audit operations, etc.); assists the Senior Manager, Internal Audit, Operations develop reports for Metrolinx Management Committees

• Builds and maintains strong relationships throughout the organization to advise management on risk management, internal control, and governance matters

• Develops and maintains a positive and productive working relationship with staff and management throughout the organization, with a ‘no surprises’ approach to audit work and findings 

• Initiates and participates in internal management forums to share ‘lessons learned’ and best practices identified through audit efforts, and seek opportunities to provide advice and technical expertise across the organization, while avoiding assuming roles that conflict with IA’s functional independence 

• Works in partnership with all Business Units to review and assess current processes and recommend pragmatic and sustainable solutions/enhancements and engage fellow employees to actively identify and manage business risks and controls

• Maintains an up-to-date knowledge of the standards and guidance included in the Global International Audit Standards (GIAS) developed by the IIA and with evolving knowledge in the field of Internal Auditing; maintains compliance with IIA standards and its Code of Ethics 

• Maintains the Internal Audit Charter and related policies, procedures, manuals, and training materials 

• Facilitates the ongoing evolution of internal audit to remain “in-tune” with professional standards and developments and be up-to-date with Metrolinx’s objectives, strategies, lines of businesses, operational processes (e.g. ERM framework), and ‘compliance’ activities

• Creates a working environment that is aligned with the organization’s desire to be a “best company to work for”, ensuring that people resources possess the required skills, are properly aligned, and are provided with the appropriate resources and guidance for the demands of the function 

• Creates an environment of openness and trust to empower staff and encourage innovation while following professional standards in our role as an independent oversight group 

• Develops, mentors, coaches, and guides a matrixed internal team of highly qualified multi-disciplinary professionals working with co sourced partners 

• Monitors work assignments for adherence to professional and divisional quality standards 

• Holds others accountable and coaches individuals for improvement with positive and constructive performance feedback to increase the likelihood of success; encourages individuals to monitor their own efforts; facilitates effective brainstorming; monitors the achievement of performance objectives and develops and implements action plans to address performance gaps 

• Attracts and retains top talent and provides opportunities for growth; encourages people to express their views, suggestions and actions 

• Assists the Senior Manager, Internal Audit, Operations to develop audit talent that may be exported around the organization into other operational, control and compliance positions, based on business needs/requirements

 

What Skills and Qualifications Do I Need?

• Completion of a degree in Business Administration, Accounting, Information Technology, or a related discipline – or a combination of education, training and experience deemed equivalent

• Demonstrated years of progressive experience conducting internal audits, including 

• experience directly managing audit staff, or a comparable combination of progressive experience in internal and external audit (while obtaining relevant professional designation(s))

• Must become a member of the Institute of Internal Auditors 

• Continuing Education in auditing, project management, technology and / or construction is required

• Relevant designations are expected with priority given to auditing designations such as, Auditing/Accounting: Certified General Accountant (CGA), Chartered Professional Accountant - Certified Professional / Management Accountant (CPA, CMA), Chartered Professional Accountant Chartered Accountant (CPA, CA), with preference given to CPA, CA due to the professional auditing skills obtained during the course of obtaining a CPA, CA designation

• Examples of relevant designations:

o Engineering and Project Management: Professional Engineer (P.Eng.) and Project Management Professional (PMP)

o Fraud: Certified Fraud Examiner (CFE) or Certified Forensic Investigator (CFI)

o Technology: Control Objectives for IT (CobiT); Information Technology Infrastructure Library (ITIL)

o IIA designations: Certified Internal Auditor (CIA), Certified Government Auditing Professional (CGAP), Certification in Control Self-Assessment (CCSA), Certification in Risk Management Assurance (CRMA), and Certified Financial Services Auditor (CFSA) 

o ISACA designations: Certified Information Systems Auditor (CISA), Certified in the Governance of Enterprise IT (CGEIT), and Certified in Risk and Information Systems Control (CRISC)

 

Deliverables

Additional Terms

Supplier Comments

MSP Notes 

  

Must Haves: 

  

• 10+ years experience conducting internal audits, including experience directly managing audit staff, or a comparable combination of progressive experience in internal and external audit 

  

Nice to Have: 

  

• Relevant designations are expected with priority given to auditing designations such as, Auditing/Accounting: Certified General Accountant (CGA), Chartered Professional Accountant - Certified Professional / Management Accountant (CPA, CMA), Chartered Professional Accountant Chartered Accountant (CPA, CA), with preference given to CPA, CA due to the professional auditing skills obtained during the course of obtaining a CPA, CA designation 

  

Location: 2 days a week onsite 

Public Sector Experience: No 

# of submissions/supplier: 1