Resources
Post a Job
 Special offer 

Jumpstart your hiring with a $100 CAD credit to sponsor your first job.*

Sponsored jobs are 4.5X more likely to result in a hire.**
  • Invite matched candidates to apply
  • Increase your visibility in job search results
  • Appear to more candidates longer
*The $100 CAD Sponsored Job credit offer is only available for new accounts in Canada that post a job and expires one year after account creation. Upon expiration of the credit, users are charged based on Sponsored Job budget. Terms, conditions, and quality standards apply **Indeed data (worldwide)

Internal Auditor Job Description: Top Duties and Requirements

An Internal Auditor, or an Audit Officer, reviews financial records and accounting practices to ensure an organization complies with regulations. Their duties include assessing work procedures, preparing reports for senior management with recommendations on how to improve efficiency, and finding possibilities for cost savings.

Build a Job Description
Are you a Job Seeker? Find Jobs

Internal Auditor duties and responsibilities

Internal Auditors are responsible for ensuring a company complies with its legal obligations under financial record keeping and accountancy laws. Some of the main duties and responsibilities of an Internal Auditor include:

  • Reviewing financial records, spreadsheets, and other documents to gain a thorough overview of company finances
  • Performing calculations to ensure all financial figures are accurate
  • Talking to staff members and assessing their tasks to identify areas where company operations can be made more efficient
  • Writing reports to summarize findings and propose changes
  • Meeting with management to discuss their recommendations and how these can be implemented
Build a Job Description
Are you a Job Seeker? Find Jobs

Internal Auditor Job Description Examples:

Example 1

Company Overview

IC Savings is a credit union that focuses on bringing the benefits of co-operative banking to its over 21,000 personal and business members, whether online, by mobile or in branch at its eight locations in the Greater Toronto Area. To learn more, visit [website].*

Position Overview

As the Internal Auditor, you are responsible for facilitating a systematic and ongoing internal evaluation of risk management, internal controls, and governance processes. You will lead, plan, and execute internal audits of various departments of the organization, and provide recommendations for improvements to enhance the effectiveness of internal controls. You will monitor policies, review procedures, and controls designed to safeguard the assets of the credit union and the financial dealings of its members and recommend areas of improvement.

What You Will Do:

Your key responsibilities and accountabilities include:

  • Develop and enhance internal audit program for the credit union.
  • Lead and independently conduct internal audits.
  • Prepare audit reports with findings and recommendations.
  • Verify compliance with prescribed regulations, policies, and procedures.
  • Identify opportunities to improve existing policies, procedures, and processes.
  • Communicate audit findings to the business leaders for review and discussion, recommend corrective action and process improvements.
  • Recommend solutions to mitigate risks through enhancement of internal controls.
  • Prepare relevant reports for regulators as and when required.
  • Maintain awareness of emerging issues in the regulatory environment.
  • As a trusted business partner deliver audit training to business leaders.

    Skill and Knowledge Requirements:

  • Post secondary education in business, finance, or similar field required.
  • 5+ years of experience as an internal or external auditor in the financial sector required.
  • Knowledge of FSRA (Financial Services Regulatory Authority of Ontario) an asset.
  • Strong working knowledge of governance, risk, control frameworks, and audit methodologies.
  • Demonstrated ability to work effectively with all levels within the organization, including senior management, and external auditors and regulators.
  • Certified Internal Auditor (CIA) designation required.
  • Strong analytical skills with ability to understand various operations and assess the effectiveness of controls with the ability to apply audit concepts to various functional areas.
  • Strong project management skills demonstrated by ability to complete multiple projects with competing priorities while meeting deadlines.
  • Effective communication skills, both verbal and written, including experience drafting formal audit reports
  • Self-motivation with a passion to learn and embrace new challenges.
  • Proficiency in Microsoft Applications, with strong proficiency in Excel required.

    Working Conditions/Physical Effort

  • Professional, team oriented, office environment.
  • Standard corporate business hours based on 37.5-hour work week from Monday to Friday from 9 am to 5 pm; ability to work overtime, if required.
  • The physical demands are representative of those that must be met by being able to successfully perform the essential functions of the job; these include, but are not limited to sitting, considerable use of computer and phone, and seldom moving of items up to 25 pounds in weight.

    How to Apply

    If you think you have what it takes to be a successful member of our team, please submit your resum�.

    IC Savings is committed to accommodating people with disabilities as part of our hiring process. If you have special requirements, please advise Human Resources during the recruitment process.

    IC Savings has implemented Covid-19 vaccination policy, requesting all employees, including new hires, to be fully vaccinated. The requirement to be fully vaccinated is subject to the Ontario Human Rights Code, and the Company will provide suitable accommodation, whenever possible, to individuals who cannot be vaccinated due to disability or other grounds protected by the Code.

    While we thank all applicants for their interest, only those selected for an interview will be contacted.

    Job Type: Full-time

    Benefits:
  • Company events
  • Dental care
  • Disability insurance
  • Employee assistance program
  • Extended health care
  • Life insurance
  • On-site gym
  • Paid time off
  • RRSP match
  • Store discount
  • Vision care
    Schedule:
  • Monday to Friday



    Ability to commute/relocate:
  • Etobicoke, ON M9B 1B2: reliably commute or plan to relocate before starting work (required)

    Experience:
  • as an internal or external auditor in the financial sector: 5 years (required)

    Licence/Certification:
  • Certified Internal Auditor (CIA) designation Location: In person

    • Example 2

    Summary

    As Contract Accountant, you will play a crucial role in the financial operations of our company. You will work closely with the finance team and management to ensure accurate financial reporting, and compliance with regulatory requirements.

    Responsibilities

  • Perform bank account and other general ledger account reconciliations.
  • Perform variance analysis on costs and revenues.
  • Create schedules to support account reconciliation.
  • Process journal entries
  • Assist with complex spreadsheets.
  • Assist with annual audit.
  • Ad hoc reporting

    Qualifications

  • Degree in Accounting, finance, or a related field
  • 2-3 Years accounting and bookkeeping experience, preferably in property management
  • Strong problem-solving skills.
  • Strong knowledge of accounting principles, financial reporting standards, and regulatory compliance.
  • Excellent knowledge of Microsoft Office and other productivity software, experience with INFOR an asset

    Requirements

  • Criminal Record & Judicial Matters Police Check
  • Covid-19 vaccination proof
  • Strong financial analysis skills.
  • Strong communication skills, both written and verbal.
  • Ability to read, write, speak English.

    Job Type

    Full-time � Contract 3- 9 months

    Salary:

    Starting at $40.00 per hour

    Working Conditions

  • Hours of Work: Monday to Friday (8:30am � 4:30pm)
  • Ability to stand/walk for up to 8 hours each day.
  • Ability to lift up to 20lbs independently.

    Zest Accommodations

    Our Company welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. If you require accommodation in the completion of this application.

    Our head office is located within St. Elizabeth Village, Hamilton.

    Job Type: Full-time

    Salary: $40.00 per hour

    Benefits:
  • Company events
  • Discounted or free food
    Schedule:
  • Monday to Friday



    Ability to commute/relocate:
  • Hamilton, ON L9B 1V2: reliably commute or plan to relocate before starting work (required)

    Education:
  • Bachelor's Degree (preferred)

    Experience:
  • Accounting: 2 years Location: In person

    • Example 3

    An exciting career opportunity is currently available at WFCU Credit Union for an:

    Internal Auditor

    As an Internal Auditor, you will support and execute various responsibilities related to the internal audits of the credit union.

    *In summary, the Internal Auditor will:*

  • Complete internal audits for evaluating internal control effectiveness, accuracy of financial and operational records.
  • Have responsibility for audit engagement planning including conducting a risk assessment and preparing the audit program
  • Perform audit procedures/tests including reviewing transactions, documents, records, reports and policies/procedures.

    As the successful candidate, you�ll have responsibility for:

  • Maintaining documentation to record completed work.
  • Identifying potential control deficiencies and recommend value added solutions for inclusion in the audit report.
  • Preparing draft audit reports.
  • Executing special projects.
  • Conducting periodic follow up related to outstanding recommendations from prior audit reports.
  • Assisting in the review of the corporate systems established to ensure compliance with policies, procedures, laws, regulations and other governance requirements.
  • Assisting in the review and appraisal of electronic data processing programs/systems.

    The �must-have� skills and qualifications that we�re looking for are:

  • A post-secondary degree or diploma in Accounting, Finance, Business, Computer Science or related field.
  • A minimum of three (3) years of internal audit (preferably) or financial analyst work experience or other equivalent [website] of audit related practices, principles, processes, procedures and techniques.
  • Competent with information technology functionality, structure and controls.
  • Able to apply moderately complex procedures and/or understanding of processes in a specialty area or analytical processes.
  • Excellent organizational and time management skills to multitask while effectively prioritizing.
  • Effective communication skills to obtain, clarify, probe and discuss information.
  • Strong writing [website] degree of personal integrity, ethics and professionalism.
  • An ability to maintain utmost confidentiality.

    If you feel you�re a great fit, let us know why!

    Working at WFCU Credit Union

    For the fourth consecutive year, WFCU Credit Union has been certified as a Great Place to Work�, as well as repeatedly having been named one of the Best Workplaces in Canada�. Be part of a team committed to providing members with a high level of service while making the communities we serve the best places to live and work.

    As an employee of WFCU Credit Union, you'll have the opportunity to work in a positive, goal-driven, and professional environment. Experience our unmatched commitment to opportunities for professional and self-development, employee wellness, competitive compensation and a culture of celebration!

    Our award-winning HR philosophy to "hire the best, treat them well, and see them stay" is a point of pride and a key factor in our employees' success and WFCU Credit Union's success. We seek the best and brightest professionals and provide them with ample opportunity for advancement. Our industry-leading compensation package includes comprehensive benefits and training programs plus a fantastic wellness program with several distinctive perks.

    It's an exciting time to join our team. To find out more, apply today!

    About WFCU Credit Union

    WFCU Credit Union has been recognized as a leading, progressive financial institution headquartered in Windsor and Essex County since 1940. Proudly serving Ontario residents, community organizations, small businesses, commercial entities, and public institutions for over 80 years, WFCU Credit Union is the sixth largest credit union in Ontario, and twentieth largest credit union in Canada.

    WFCU Credit Union operates nine retail locations across Windsor-Essex, one in Chatham, one in London, and three in the Waterloo Region through ECU � A Division of WFCU Credit Union. WFCU also operates the digital entity, Omnia Direct. Through its variety of service channels including online and mobile banking, live telephone banking, and ATM services, WFCU Credit Union and its divisions have become the financial institutions of choice for more than 65,000 members across Ontario.

    Job Types: Full-time, Permanent

    Schedule:
  • Monday to Friday



    Application question(s):
  • Do you know anyone who works for WFCU Credit Union?
  • What are your salary expectations?

    Experience:
  • Auditing: 3 years Location: In person

    • Example 4

    MTY Group is looking for an Internal Auditor

    Are you ready for a new challenge? ��Let�s roll�� your career with MTY! A tasty future awaits! #Letsroll #Tastyfuture

    The MTY Group is a family whose heart beats to the rhythm of its brands and employees.

    Over the past 40 years, Excellence, Dedication,and Innovationhave led us to success. Today we continue to look for talented professionals who want to work for a company that will provide them with growth opportunities and many rewarding experiences.

    MTY Group franchises and operates quick-service, fast casual and casual dining restaurants under more than 80 different banners in Canada, the US and Internationally. MTY is headquartered in Montreal and has regional offices across Canada and the US. The Company�s internal audit department is primarily responsible for ensuring compliance with NI 52-109 requirements while also performing special audits, tasks and other projects.

    What we offer:
  • 3 weeks of vacation
  • Complete Insurance plan with employers� contribution effective at start date.
  • $300 Health Care Spending Account
  • Akira: telemedicine service
  • Employee Assistance Program
  • 5 sick days per year
  • Half day Fridays, all year long
  • Employee profit sharing plan with employers matching contribution

    About you:

    You are an organized and self-motivated individual with exceptional time management skills. You are professional and personable and enjoy interacting with others, but you also enjoy working independently with minimal supervision. You have a good understanding of accounting processes and financial and operational risks and can effectively analyze issues to recommend appropriate solutions.

    Tasks:
  • Documenting financial processes to identify risks and controls
  • Completing and documenting testing of controls
  • Analyzing test results to determine whether controls are operating effectively
  • Identifying potential control weaknesses
  • Performing other internal-audit related work as assigned

    Skills required:
  • Accounting degree and CPA or CIA designation (or in progress)
  • Ability to travel within Canada and the US
  • Strong oral and written communications skills
  • Advanced Microsoft Excel knowledge and skills

    Job Types: Full-time, Permanent

    Benefits:
  • Casual dress
  • Dental care
  • Employee assistance program
  • Employee stock purchase plan
  • Life insurance
  • Profit sharing
  • RRSP match
  • Tuition reimbursement
  • Vision care
  • Wellness program
    Schedule:
  • 8 hour Location: Remote

    • Example 5

    Job Description for ISO 13485 Internal Auditor

    This position is an ideal opportunity for a Quality professional who is looking for a job with a great deal of variety, enjoys coaching people, making decisions and being a team leader.

    The Company

    We are a Canadian contract electronic design and manufacturing company. Our quality system is certified to ISO 9001 and ISO 13485. We design and manufacture medical instruments, machine controls, vending machine controls and much more. We are looking for an ISO 13485 Internal Auditor to join our team.

    Duties.

    The successful applicant will be responsible for carrying out the following activities.

  • Internal Auditing to ISO 13485 and ISO 9001
  • Weekly Production KPI reporting
  • Engineering department weekly inspection and KPI
  • Carry out a weekly inspection of workstation cleanliness and adherence to 5S standards
  • Closing project quality documents at the end of a job
  • Confirming that components used on each production job meet ROHS and REACH requirements
  • Carry out regular ESD inspection
  • Compile quality packs for customers at the end of each production and design job
  • Complete quarterly quality analysis for presentation at company quarterly meetings
  • Provide support for external and customer audits (BSI, TUV, etc.)
  • Issue and close CAPA/SCAR
  • Act as a 5S leader
  • Resolving interdepartmental issues
  • Taking part in our management meetings
  • Carry out any other tasks required by our Quality Department and management team

    Qualifications

  • Quality Assurance � Manufacturing and Management course or equivalent
  • Training as an ISO 9001 internal auditor
  • Training as an ISO 13485 internal auditor
  • Excellent written and verbal communication skills
  • Ability to lead and direct staff to meet all quality system requirements

    The following will be an asset

  • Experience in quality management in an electronic manufacturing environment
  • Knowledge of surface mount assembly and through hole assembly processes

    Job Types: Full-time, Permanent

    Salary: $34.00-$40.00 per hour

    Benefits:
  • Dental care
  • Disability insurance
  • Extended health care
  • Flexible schedule
  • Life insurance
  • Profit sharing
  • RRSP match
    Schedule:
  • 8 hour shift
  • Monday to Friday

    COVID-19 considerations:
    Vaccine mandate. Mask wearing is optional

    Education:
  • Bachelor's Degree (required)

    Experience:
  • quality assurance: 3 years Location: One location

    • Example 6

    Mandarin Restaurant, headquartered in Brampton, Ontario, is a legendary franchise chain proudly serving for over 40 years. We celebrate life's special moments and everyday wins with everyone. We do this with high quality food, a warm atmosphere and friendly service for our customers. The chain is comprised of 29 licensed restaurants across Ontario. Each restaurant creates award-winning Canadian and Chinese favorites with every Dine-In, Take-Out and Delivery experience.

    The headquarters is currently looking to hire Internal Auditor. We are seeking a passionate and results-driven individual to join our team. The incumbent will report directly to Financial Controller.

    Responsibilities
  • Audit bills, Journals, payroll, taxes, sales record & bank information
  • Audit and verify suppliers� invoices
  • Prepare monthly income statement, analysis sales reports & quarterly cost summary
  • Prepare data and collect documents for external audit
  • Travel to Mandarin locations is required

    Qualifications
  • University degree or College diploma in Accounting or Finance
  • Excellent analytical and organizational skills, with the ability to prioritize and handle multiple tasks and deadlines
  • Excellent written and verbal communication skills
  • Demonstrate attention to detail and accuracy
  • Bilingual is an asset (Chinese and English)

    Mandarin Restaurant is an equal opportunity employer offering a competitive salary and benefits package. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

    We sincerely thank all candidates who have applied, however, only those selected for an interview will be contacted.

    Job Types: Full-time, Permanent

    Benefits:
  • Dental care
  • Extended health care
  • Vision to Friday

    • Example 7

    Currently, we are looking for a dedicated individual to join our Corporate Finance team as an Internal Auditor.
    Reporting to the Controller, the role is responsible for planning and performing reviews and audits of construction project performance, reporting, and internal controls. The role will also work closely with senior management and be involved in broader company controls and processes to effect positive change within the organization.
    Houle Electric is a Private Organization (No SOX).
    Duties and Responsibilities:

  • Analyze monthly project cost reports to assist in accurate projections and financial reporting as well as to identify current and potential profitably and cashflow concerns as early in the project as possible.
  • Lead all aspects of project reporting to executive leadership, including assisting with the project related aspects of the financial monthly reporting package prepared for the Executives and Directors.
  • Perform detailed project audits on an exception basis to determine the reasons for large variances from estimate to actual results.
  • Recommend actions to be taken on a specific project to mitigate further negative variances if they exist.
  • Recommend changes to existing Internal Processes or suggest new processes to increase overall Company profitability.
  • Provide a feedback loop by recommending updates to the estimating database to increase future estimating accuracy and success rates.
  • Regularly interact with management and internal business project leaders to discuss and resolve issues and recommend improved business practices.
  • Furnish analysis, recommendations, counsel, and information to management concerning activities reviewed.
  • Conduct follow-up meetings to review and evaluate the adequacy of management responses to identified audit issues.
  • Lead training for project managers on project reporting, cash flow management, and project management.
  • Review measurement and management tools to ensure Corporate Strategic Objectives are being properly communicated to employees and linked to their everyday activities.
  • Confirm internal compliance with approved Business Processes and Policies.

    Experience and Skills:

  • 5+ years of experience in an Electrical Project Management or Estimation Role, or 5+ years' experience in accounting & controls in the construction industry
  • Electrical TQ, Diploma or Electrical Engineering Degree, or a CPA with experience in the Construction industry
  • Intermediate Excel
  • Intermediate Accubid an asset
  • JD Edwards an asset
  • Construction Techniques
  • Leadership and management courses
  • Strong aptitude for and ability to work with technology, numbers, and formulas
  • Detail Oriented: Ability to analyze and interpret data
  • Organized and strategically focused

    Culture is important at Houle. You must be collaborative in nature. You are a solution focused team player and always willing to learn. You are a bright, ambitious, honest, and a straight forward professional. Your personable nature will fit well within the friendly working environment.
    The salary for this position will be commensurate with experience. Houle offers an exciting, enjoyable work environment, competitive benefits package as well as a competitive incentive plan and many company sponsored events.

    *Please submit all application documents in PDF Type: Full-time

    • What does an Internal Auditor do?

    An Internal Auditor examines financial reports, tax filings, and other company documents to make sure they comply with legal regulations. Based on their findings, they write reports containing recommendations on how a firm’s accounting practices could be improved, and how financial risk can be reduced.

    An Internal Auditor holds meetings with members of staff to learn more about how a business operates. They also carry out research to identify best practices in the industry so that the company can be measured against them. Once an Internal Auditor has completed a report on their findings, they often meet with management to discuss their proposals.

    Internal Auditor skills and qualifications

    An internal Auditor has excellent attention to detail and possesses superb mathematical skills that allow them to accurately check financial documents. They also require strong critical thinking skills to sift through information, draw conclusions, and make recommendations. Some of the most important skills an Internal Auditor requires include:

    • Understanding of federal and provincial regulations for record-keeping and financial reporting
    • Ability to gather relevant information about internal company practices through research and discussions with employees
    • Ability to write concise reports based on solid evidence
    • Ability to communicate effectively across all employee levels

    Internal Auditor experience requirements

    An entry-level Internal Auditor may have a background in business administration, bookkeeping, or another related field. Alternatively, they may have studied accountancy in college or university, where they will have gained experience during work placements. If you are looking to hire an Internal Auditor with more experience, you may be seeking someone with two or more years of experience. Additionally, you may prefer the Auditor to have a background in a specific industry, such as law or construction.

    Internal Auditor education and training requirements

    An Internal Auditor usually has a bachelor’s degree in accountancy or a related field. In some cases, you may require them to have a master’s degree, which will give them knowledge of more advanced research and project management skills. In Canada, an Internal Auditor can gain professional training and certification from the Institute of Internal Auditors Canada.

    Internal Auditor salary expectations

    According to Indeed Salaries, the average salary for an Internal Auditor in Canada is $83,191 per year. Actual salary can vary depending on experience, the size of the company, and the location of the job.

    Job description samples for similar positions

    If an Internal Auditor job description isn’t what you are looking for, some other job titles that might better suit your needs include:

    Ready to Hire?Build a Job Description

    Internal Auditor job description FAQs

    What is the difference between an Internal Auditor and a Risk Manager?

    An Internal Auditor is responsible for ensuring compliance with financial reporting requirements and helping businesses to improve their efficiency and productivity. By contrast, Risk Managers focus on assessing potential financial and other risks to a company, while implementing policies to reduce them. Both roles require a thorough understanding of a company’s financial records and the legal regulations it needs to observe.

    Job Description Examples

    Need help writing a job description for a specific role? Use these job description examples to create your next great job posting. Or if you’re ready to hire, post your job on Indeed.

    No search results found

      *Indeed provides this information as a courtesy to users of this site. Please note that we are not your recruiting or legal advisor, we are not responsible for the content of your job descriptions, and none of the information provided herein guarantees performance.