Internal Auditor, Capital Projects

The Greater Toronto Airports Authority (GTAA) is a unique and dynamic place to work, with a bold plan to make Toronto Pearson, Canada’s leading global hub airport, a global leader in airport performance, customer care and sustainability. Together with our partners, approximately 1,900 GTAA employees are working to create a next-generation airport by innovating in all we do and striving for the most uplifting, safe and efficient experience for our passengers – all while championing the prosperity of our people, the community we call home, and our aviation partners. Join us on our journey together, as we put the joy back into travel and make Toronto Pearson the chosen place to fly and work.

What's in it for you!

As a GTAA employee, you’ll have access to amazing benefits, including retirement planning, comprehensive group health benefits, an employee assistance programs (EAP), paid leave, education and training, as well as recognition and rewards programs.

Position Summary

Reporting to the Associate Director, Internal Audit, this role will assist the Internal Audit function in support the organization achieve its objectives by independently evaluating and improving the efficiency of risk management, control and governance processes. The role is responsible for the utilization and application of subject matter expertise, assist on planning and conducting, and completing risk-based operational and financial internal audits with a specific focus on transformative capital projects program processes and related controls (e.g., PMO, project management, etc.).

Key Accountabilities:

• Collaborate in the execution and testing of the risk-based audit program (specific to Capital Projects Lifecycle processes and controls)
• Evaluation of the PMO program and processes for continuous improvement including efficiency, effectiveness and consideration of leading practices
• Reviewing transactions, budgets, and expenditures to detect fraud, mismanagement, and/or irregularities;
• Ensure capital projects align with relevant laws, regulations, industry standards, and/or GTAA's established policies, procedures, and practices
• Review business processes related to converting project bids to appropriate set up of complete and accurate project baselines (budget, schedule) in the company’s PPM tool
• Review project contracts and ensure that all the contract conditions (e.g., invoicing, reporting, organizational change, SLA/critical metric, etc.) are adhered to and fulfilled for each stage (project set-up, project tracking and reporting, and closeout). This would include “value for money” monitoring and assessment of economy, efficiency and effectiveness on use of funds/assets and achievement of project budgetary and timeline requirements
• Assess the performance of contractors/suppliers to ensure compliance with contracts, ensuring GTAA payments are being made in accordance with terms established in contracts
• Review and assess the process related to organizational change for projects, in compliance with contract terms and conditions (subcontractor claims, change requests, dispute resolution, etc.)
• Lead and assist co-sourced resources in the testing of audits as identified in the approved audit plan
• Assist AD and Director to provide auditees with beneficial and pragmatic recommendations based on evidence-based testing, experience, and advisory support
• Focus on quality improvement and innovation
• Collaborate effectively with the external auditors and, regulators
• Assist in the supervision of co-source partners and provide regular performance feedback
• Improve the Audit/Review reports, presented to leadership at conclusion of fieldwork and facilitate development of sufficient and appropriate action plans to address identified control/process deficiencies
• Preparation of communication to Audit Committee on a quarterly basis (at a minimum) the status of work plans and a summary of key issues identified including management remediation step for completed audits
  
  
  

The salary for this non-unionized position is competitive based on the successful candidate’s qualifications

Qualifications:

• Bachelors with a concentration in Business/Commerce, Accounting, Economics, Finance, Mathematics and/or Statistics required or equivalent
• Chartered Professional Accountant designation (CPA)
• Minimum of four (4-6) years’ experience providing external/internal audit, risk advisory consulting services, and/or industry corporate internal audit experience
• Solid understanding of Generally Accepted Auditing Standards (GAAS)
• Able to obtain and retain Transportation Security Clearance at the designated level for the position
• Fully proficient with Microsoft Office suite of products including Excel, Word, PowerPoint, and Visio
• Valid Ontario driver’s license
  
  
  

Knowledge, Skills and Abilities:

• Intermediate to advanced proficiency with PPM tools
• Proven experience and applied knowledge of CAATs and Data Analytics tools (e.g., Tableau)
• Advanced proficiency with Microsoft Excel & Visio
• Strong discernment, interpersonal and communication skills
• Exceptional ability to establish relationships and work cross-functionally and with all levels of personnel, as a trusted business partner
• Highly flexible and team-oriented
• Constructively and professionally challenge the status quo and drive continuous improvement efforts
• Ability to handle multiple and competing tasks
• Accuracy and attention to detail
• Ability to work effectively independently and as part of a team
  
  
  

The GTAA is a federally-regulated private sector corporation. The Government of Canada has suspended mandatory vaccination requirement for federally regulated transportation sector workers. The GTAA continues to monitor government and health developments relating to COVID -19 and may re-introduce the Vaccination and proof of Vaccination requirements in the Policy at any time.

The GTAA is committed to Employment Equity and maintaining a diverse, equitable and inclusive workplace where everyone can thrive