Job Information
Ontario Power Generation Senior Manager, Internal Audit in Toronto, Ontario
Senior Manager, Internal Audit
Location:
Toronto, ON, CA, M5G 1X6
Req ID: 46966
Status: Regular Full Time
Working Conditions: Onsite
Education Level: Bachelor’s Degree in Accounting, Computer Science, Finance, Engineering, Business or a related field. Completion of a professional IT audit designation, (e.g. CISA, CISSP)
Location: Toronto, ON
Travel: 10-15%
Deadline to Apply: May 29, 2024
Electrify your career and help build a brighter tomorrow.
Every generation has a challenge that defines them. At OPG, we are calling on all innovators, disruptors, thought leaders and change-makers. Join us to electrify life in one generation and build a sustainable future powered by our electricity, our ideas, and our people. Join OPG and make history.
Whether you work in the skilled trades or are a business professional, a career at OPG is an opportunity to electrify your life on -- and off -- the job.
ACCOMMODATIONS
OPG is committed to fostering an inclusive, equitable, and accessible environment where all employees feel valued, respected, and supported. If you require accommodation during the application or interview process, please advise us as soon as possible so appropriate arrangements can be made.
If you require information in a format that is accessible to you, please contact AODA@opg.com
This position is moving to OPG Corporate Headquarters: In Summer 2025, OPG will officially welcome employees to our new Corporate Headquarters located at 1908 Colonel Sam Drive, Oshawa, Ontario. This new space will enable teamwork, collaboration and innovation that will help us to achieve our mission to electrify life in one generation.
JOB OVERVIEW
Ontario Power Generation (OPG) is looking for an analytical and results driven leader to join our team in the role of Senior Manager, Internal Audit.
Reporting functionally to the Board of Directors, and administratively to the Chief Financial Officer, OPG’s Internal Audit team is responsible for assisting the Board, including the Audit and Risk Committee and management in fulfilling their responsibilities by providing independent, objective assurance and consulting services designed to add value and improve OPG’s operations.
Reporting to the Director, Internal Audit, the Senior Manager, Internal Audit will lead an audit portfolio and teams of audit professionals in executing the annual Internal Audit Plan through multiple concurrent audit and advisory engagements across OPG operations to provide reasonable assurance that risks are mitigated and management systems and controls are assessed for effectiveness and efficiency. This entails an understanding of OPG’s strategic direction, enterprise and business risk profiles to best contribute to setting the strategic direction and priorities of the Internal Audit team. The position is also a People Leader who will lead and manage high-performing teams in the planning and execution of audit and advisory engagements.
KEY ACCOUNTABILITIES
Provide strategic leadership in helping develop the direction and priorities of the Internal Audit department
Contribute to ongoing business planning of the Internal Audit department, continuously identify cost-effective means to achieve strategic objectives and measures within the Internal Audit Scorecard, including managing the departmental budget
Lead practice development/enhancement initiatives to support achievement of Internal Audit strategic objectives
Collaborate with Internal Audit leadership in developing the Annual Internal Audit Plan (including technology audits), provide feedback on OPG’s enterprise risk profile, and identify areas of internal and external stakeholder operations requiring in-depth review and assessment
Manage allocation of audit resources within the assigned portfolio and across the Internal Audit practice and assign staff to engagements based on availability and skillsets to best meet audit objectives
Oversee all steps of the audit project lifecycle and manage audit teams to effectively provide value-add recommendations to the business and to identify improvement opportunities to controls and processes
Conduct and manage audit and advisory engagements on-time, within budget and in accordance with the IPPF Standards, ensuring high-quality engagement procedures, documentation and files
Provide specialized IT and/or business expertise to audit teams to ensure IT and business risks are managed appropriately, that the system of internal controls is efficiently operating, and to continually improve practices to keep up with evolving business needs
Provide audit reports to management, executives and the Board on audit findings and support the preparation of quarterly reports to the Audit and Risk Committee
Work with management in developing action plans to address audit findings, ensuring that they adhere to expected resolution timelines; follow up and report on status of management actions and obtain evidence to support completion.
Provide ongoing coaching, guidance, development and performance management of audit staff to foster an inclusive, respectful, psychologically safe and high-performing work environment focused on continuous improvement.
Lead retention and recruitment (as required) of audit staff in assigned portfolio to maintain appropriate staffing levels required for current and future project needs
Lead and support the implementation of tools and technology required for audit activities
Establish relationships and maintain regular interactions with business and/or IT stakeholders
Other Duties as Required
EDUCATION
Bachelor's degree in finance, accounting, business, engineering, IT or a related field and equivalent practical experience.
Professional auditing and/or accounting designation (CIA, CPA or CISA)
Recognized certifications/expertise such as CISSP, ISO27001, NIST, ITIL and/or COBIT would be an asset.
QUALIFICATIONS
Eight years plus of IT and/or business experience in internal or external audit in an organizational leadership role (preferably in a mid-size to large company) or Big Four/ professional services firm.
Experience working in/for/on behalf of highly regulated environments/industries such as utilities, energy, power, mining, oil, gas, manufacturing, telecommunications, financial services, or the public sector.
Experience in developing and managing a Quality Assurance & Improvement Program (QAIP) for internal audit functions, performing periodic self assessments, and/or external quality assessments.
Extensive experience and knowledge in developing and executing Internal Audit Plans, identifying business unit objectives and key risks, performing business process risk assessments, and delivering risk-based audits.
Experience with Internal Controls over Financial Reporting (ICOFR) testing, including IT General Controls, application automated controls and report integrity.
In-depth knowledge and extensive experience applying the Institute of Internal Auditors International Professional Practices Framework (IPPF) Standards (now known as Global IA Standards) as well as audit methodologies and frameworks such as COSO and COBIT
Proven excellent verbal and written communication skills; Demonstrated ability to influence and communicate potential impacts to management with respect to audit findings and recommendations
Experience in leading and coaching teams
A self-starter who works independently and has excellent and effective organizational, time management and project management abilities, including the ability to manage multiple priorities within established timelines
Strong critical thinking, problem solving and facilitation skills
Strong interpersonal skills with the ability to develop and maintain strong stakeholder relationships.
Continues to maintain broad knowledge and awareness of internal audit and risk management practices, emerging trends, regulatory and/or policy changes
Experience in applying data analytics in the audit process would be a plus.
The successful candidate will exhibit uncompromising integrity and commitment to upholding corporate values, and the OPG Code of Business Conduct.
What Makes a Career at OPG Different?
As Ontario’s largest clean energy generator, we’re building, expanding, and innovating the equipment and technology that keeps Ontario powered with clean, reliable energy. At OPG, our values are our strengths. They are fundamental truths about our organization that don’t change:
Safety – it’s our business
Integrity – always lead with integrity
Excellence – never satisfied with good enough
Inclusion – working together for powerful outcomes
Innovation - creativity accelerates possibility
Here's why OPG might just be the ideal workplace for you:
Exceptional range of opportunities province-wide
Long-term career growth and development opportunities
Electricity is vital to the province and OPG’s clean electricity is helping decarbonize other sectors.
Our promise to you:
We care about the safety and the well-being of our employees. It is our utmost priority.
A supportive work environment where you can be your best every day.
Opportunities to stretch and develop.
Offer different ways for you to give back to communities where we operate.
Partner with Indigenous communities and support local businesses.
We support employment equity, diversity and inclusion.
Are you ready to start a career that has the power to electrify life on and off the job? Apply now.
APPLICATION PROCESS
Please submit your application online at https://jobs.opg.com/ by 11:59 PM E.S.T., May 29, 2024 . OPG thanks all those who apply; however, only candidates considered for an interview will be contacted
.