Senior Internal Controls Analyst
Toronto, ON, CA
6d ago

Job Posting Job Title / Senior Internal Controls Analyst Titre du poste Branch / Core Service Modernization Direction Location / Job ID / Toronto / Simcoe Pl -

Unilingual 9229 Région Numéro de poste Full or Part Time / Date Opened / Full-Time 03 / 07 / 2019 Temps plein ou partiel Date de début Regular Shift / Date Closed / Regular Shift 17 / 07 / 2019 Quart de jour Date de clôture Reg or Temp / Temporary Régulier / temporaire Return to Previous Page

The Workplace Safety and Insurance Board (WSIB) helps people overcome workplace injuries and illnesses and helps business owners make their workplaces safe and healthy.

Our people are at the heart of what we do. Bring your enthusiasm and expertise to the WSIB, and we’ll help you achieve your personal and professional goals through meaningful work, development opportunities and a culture of compassion, integrity and teamwork.

We are the WSIB. And we’re here to help.

Temporary opportunities available (up to 18 months in duration).

Summary :

Support the annual Internal Control over Financial Reporting (ICFR) certification process through the preparation and maintenance of ICFR documentation packages, plan and perform walkthroughs, plan and execute annual test plans and identify internal control gaps and process improvement opportunities.

Maintain relationships with various stakeholders across the organization. Provide assistance and guidance to junior staff.

Major Responsibilities :

  • Complete all components of the ICFR documentation package of more complex and higher risk processes. This includes identifying and documenting key controls in a Narrative, Flowchart and Risk & Controls Matrix for : (i) Entity level controls;
  • ii) Disclosure controls; (iii) Business process controls; and (iv) IT general controls. This includes the following components :

  • Narrative : Working with various business owners throughout the organization to understand, identify and document key controls for a particular business process
  • Flowchart : Accurately depicting the business process, clearly identifying what role / business area is responsible for each activity and what systems are involved
  • Risk and Control Matrix : For each control identified, documenting :
  • The specific process the control pertains to
  • The risk each control is mitigating
  • The control attributes (i.e. importance of control, nature of control, information processing objectives, financial statement assertions, etc.)
  • Plan and perform walkthrough of key controls, which includes :
  • Planning walkthroughs to be conducted by ICFR staff
  • Coordinating with business process owners to walkthrough key controls
  • Obtaining evidence of samples used during walkthroughs
  • Maintaining confidentiality of sensitive evidence obtained
  • Thoroughly documenting walkthrough findings with reference to specific samples used
  • Consolidate any process gaps identified as part of the walkthrough
  • Updating narratives as required based on walkthrough findings
  • Reporting findings and gaps to ICFR management
  • Identify internal control gaps and process improvement opportunities, which includes :
  • Documenting control gaps and process improvement opportunities, identified through control documentation, walkthroughs and testing, with particular attention to new / changing processes, more complex / risky processes, and processes with a direct impact to Financial Reporting
  • Beginning to evaluate the significance of deficiencies noted
  • Suggesting remediation activities for deficiencies identified; recommendations may include impacts to scope and duties of work performed by staff and management throughout the organization
  • Provide assistance and guidance to junior staff through :
  • Providing guidance to ensure consistent application of ICFR methodologies
  • Reviewing new or more complex deliverables assigned to junior staff and providing feedback
  • Assisting the Manager, ICFR with onboarding of new staff
  • Identify program improvements, including :
  • Identifying potential improvement opportunities to the ICFR program, methodology, tools and templates
  • Presenting recommendations to the ICFR management team
  • Implementing recommendations as approved by ICFR management
  • Maintain relationships with cross-organizational stakeholders includes building and maintaining positive relationships with process owners spanning across the organization
  • Job Requirements :

  • Post-secondary degree, in accountancy or related field
  • CFA, CPA or other professional designation is required
  • 5 years of experience in financial accounting or financial statement auditing gained typically at a CA public accounting firm
  • Working knowledge of COSO
  • Experience with process documentation, analysis and testing.
  • Demonstrated knowledge and experience with Microsoft Office, Excel, and Visio.
  • Qualified Professional Accounting designation such as CA, CISA, or CIA
  • Strong communication and relationship-building skills
  • Strong Critical thinking and analysis skills
  • As a precondition of employment, the WSIB will require a prospective candidate to undergo a criminal records name check prior to or at any time following hire.

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