Why you’ll love working here:
high-performance, people-focused culture
our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth
membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security
competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, parental leave top-up, and a health spending account).
optional post-retirement health and dental benefits subsidized at 50%
yoga classes, meditation workshops, nutritional consultations, and wellness seminars
the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
Job Summary
The Senior Manager, Internal Audit & Internal Controls over Financial Reporting (ICFR) Testing is responsible for leading a team of ICFR IT and business control testers, including providing feedback on IT and business testing procedures to the organization’s ICFR program, and the execution of IT and business testing. This position will manage the IT and business testing activities performed on behalf of the ICFR program. The role will also support the Internal Audit Plan and partner with IT, Finance, and Business groups to identify areas of risk, make valuable recommendations on operational and financial controls, and influence changes and decisions. This position works closely with the Director, Internal Audit and requires excellent verbal and written communication skills, with the ability to effectively present audit issues of varying complexity to senior management across various divisions at HOOPP.
** This is a contract position for 12 months **
What you will do:
ICFR Testing and Review
Leading IT and business control testing on behalf of the organization’s Internal Control over Financial Reporting (ICFR) program, including providing feedback on testing procedures, the review of working papers, and the execution of testing.
Manage a team of up to 5 ICFR testers, including the supervision and oversight of the team and the review of their work and documentation in the working papers.
Verify that internal controls are efficient and effective to mitigate IT and business risks to an acceptable level; that assets are adequately protected, and significant financial and management information is accurate, reliable, and timely.
Address comments and queries raised by the ICFR program as part of their review of working papers.
Communicate the progress of testing, issues, and findings identified to the ICFR program on a timely basis.
Internal Audit Plan Support
Review and prepare detailed audit working papers for IT and business testing, and ensure the work is of the highest quality and consistent with established standards, within prescribed time, budget and scope parameters.
Work with client management to develop action plans to address the root cause of the issues. Ensure recommendations provide realistic and workable solutions, either being adopted elsewhere within the organization or in the industry, to mitigate the risk and exposure in the long term.
Assist the Director, Internal Audit to resolve complex issues with management and reach agreement on appropriate solutions to risk management and operational issues.
Communicate with and educate process owners on the importance of controls, effective control environments and the role of Internal Audits.
Ensure that audit reports are issued timely, are credible and meet departmental standards.
Ensure the timely follow-up, monitoring and accurate reporting of management remediation efforts of audit observations. Utilize technology to improve effectiveness and efficiency of audit process.
Maintain a sufficient and current understanding of the organization and the underlying risks.
Support the audit team in the achievement of individual, divisional and team goals.
Participate in special projects, as required.
What you bring:
Undergraduate degree with emphasis in accounting, finance or a related business field is required. A CA/CPA/CGA/CMA and a Certified Information Systems Audit Designation (CISA) are required.
Experience managing and developing high-performing teams.
Expert knowledge on best practices for internal controls with a strong understanding of information system risks and ITGCs and end user computing (EUC) controls.
Knowledge of IT applications and systems such as Oracle, SAP, PowerBI, AWS, and Microsoft Azure are considered an asset.
Strong technical audit and financial skills with a comprehensive understanding of Internal Auditing Standards, GAAP, C-SOX, COSO.
Excellent understanding of business processes. Strong knowledge of Capital and Private Markets, Investment or related risk management/compliance/operations functions would be an asset.
Proficient in all aspects of the internal audit cycle with a minimum of 10 years executing and leading relevant internal audit engagements or C-SOX/ICFR programs preferably in the Financial Services or Pension Fund industry.
Subject matter expertise on Internal Controls over Financial Reporting programs.
Thorough knowledge of Microsoft Word, Excel, and Powerpoint is required.
Proven ability to collaborate, partner, initiate and maintain cross-departmental and intra-divisional relationships.
Excellent effective time management and organizational skills to meet tight deadlines as well as the flexibility to adapt to changing priorities.
Strong attention to detail, analytical, negotiating and reasoning skills required.
Self-starter, high level of initiative and professionalism.
Similar Jobs
What We Do
Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 460,000 members who provide valued healthcare services at more than 670 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $112.6 billion at the end of 2023 and our funded status remained strong at 115%. HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees.
We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people. Our high-performance culture, which spans our head office in Toronto and our office in London (UK), is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation
