Director, Internal Audit
- University of Toronto
- Toronto ON
- Job Category
- Finance, Budget and Audit
- Job Type
Established by royal charter in 1827, the University of Toronto is consistently ranked among the world’s top universities. Located in Toronto—Canada’s largest city—the University encompasses 18 Faculties and Schools, more than 100 departments, and 170 research centres and institutes. Its teaching programs are delivered on the historic St. George campus in the heart of Toronto’s downtown, on campuses in Mississauga and Scarborough, and in nine fully affiliated teaching hospitals. With approximately 22,000 faculty and staff, 93,000 students of which 25% are international, and an annual operating budget exceeding $3.0 billion, the University is one of the world’s largest publicly funded research-intensive universities, and contributes $15.7 billion to the Canadian economy each year.
The University of Toronto (U of T) seeks a strategic, accomplished, and energetic leader for the role of Director, Internal Audit.
Reporting administratively to the President and the Secretary of the Governing Council (as designate) and functionally to the Audit Committee, the Director, Internal Audit is a strategic partner and advisor to the University’s academic and administrative leadership on operational, financial, compliance, and strategic policies, processes, and risk. Among other responsibilities, they will lead a dynamic team of audit and advisory professionals, spearhead the implementation of innovative audit processes to continually improve service delivery, and collaborate with risk, compliance, and assurance functions across the University to develop responsive audit plans. Externally, the Director will liaise with external auditors and agencies for special contracted reviews.
The ideal candidate holds a university degree in a commerce related program of study and a professional accounting, internal audit, and/or risk management designation. Given the size and scope of the University, an extensive record of exemplary leadership in a senior internal audit role - preferably acquired in a university environment - will be a hallmark of the successful candidate. The Director, Internal Audit must demonstrate an understanding of policies and procedures relating to risk management and internal control, and possess solid experience conducting internal reviews in adherence to professional standards.
To be successful in the role, the incumbent must bring superior strategic, financial planning and management skills, and the ability to manage multiple competing and frequently changing priorities. They must exercise the highest level of ethics, values, and integrity; demonstrate inspiring leadership and empower their team; foster respectful and collegial relationships with members of the university community; communicate in a compelling manner; and possess a deep and abiding commitment to equity, diversity, and inclusion in all its forms.
Consideration of candidates will commence mid-June 2021 and continue until the position is filled. Nominations, enquiries, and applications, in confidence, should be directed to Gerri Woodford or Krutika Hotwani at email@example.com.
Regularly named one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, the University of Toronto is strongly committed to diversity within its community and especially welcomes applications from racialized persons / persons of colour, women, Indigenous / Aboriginal People of North America, persons with disabilities, LGBTQ persons, and others who may contribute to the further diversification of ideas. Please note that all qualified candidates are encouraged to apply, but applications from Canadians and permanent residents will be given priority. In accordance with the AODA Act, accommodation will be provided to individuals with disabilities throughout the recruitment process.