Manager, Internal Controls, Audit and Compliance

**About the Insurance Council**

The Insurance Council of British Columbia is the regulatory organization that licenses and regulates the activities of over 50,000 life and general insurance agents, general insurance salespersons, insurance adjusters, and restricted travel insurance agents in British Columbia.

**The Opportunity**

Under the supervision of the Insurance Council’s Director, Finance, the Manager, Internal Controls, Audit and Compliance is responsible to lead the execution of internal controls review, risk assessment, policies audit and compliance, various finance projects, budget management, governance related finance functions etc. The position will also oversee the efficiency of the organization and ensure periodic audit of internal controls, through review of appropriate policies and procedures, audit of records and processes, evaluation and recommendation of improvements to business practices, processes, risk and control procedures.

**Why Work for the Insurance Council?**

Work with a great team of people in a rewarding career that makes a difference. We are in a downtown location with plenty of amenities nearby. The Insurance Council has a friendly and collaborative environment with a team who is committed to protecting the public.
- We offer a comprehensive health and dental plan.
- Work-life balance.
- Professional development.
- Equitable employment opportunities.

**Duties and Responsibilities**
- Work with process owners to obtain documentation, understand processes and existing internal controls (to mitigate risks), discuss potential issues/findings and recommendations to improve efficiency.
- Applies knowledge of auditing, risk, and internal control concepts to evaluate controls on regulatory and financial business activities.
- Develops and maintains internal audit procedures.
- Conducts periodic review and audit of organization’s policies, processes, risk management and procedures.
- Prepares periodic audit report, findings and recommendation.
- Oversee the annual budget management processes.
- Oversees the governance requirements with the Finance and Audit Committee and Council.
- Review and oversee the coordination of interim and annual external audit
- Completes standard paperwork and questionnaires to confirm internal controls from third parties (e.g., Moneris).
- Performs regular third-party risk assessment.
- Assists the Director, Finance in ensuring effective completion of the following Finance related tasks:

- quarterly risk register
- drive process improvement opportunities across Finance and other departments when appropriate
- preparation / review of ad hoc organizational policies to strengthen the Insurance Council’s internal controls.
- management of finance related systems testing and evaluation
- Manages staff including hiring, termination resource allocation, staff development, compensation review and performance management.
- Contributes as a member of the management team in organizational oversight and strategy.
- Leads and/or participates in corporate projects as required.
- Leads and/or participates in internal and external committees as a representative of the Insurance Council as a whole, as necessary.
- Consults with Council staff, Council members, legal counsel, and other parties, such as other regulatory bodies as required.
- Other duties as assigned by the Director, Finance.

**Qualifications and Experience**
- At least 3 years in a management role in internal auditing, internal controls, risk, and compliance
- Minimum of 3 years experience managing staff.
- A university degree in accounting, finance and/or other related business field
- Professional designation in good standing (e.g. CPA, CIA etc.)
- Extensive knowledge in operational and financial audit, internal controls, and risk management.
- Adept in process management.
- Intermediate to Advanced excel and database proficiency. Able to create pivot tables, macros, and strong knowledge of excel formulas
- Familiarity with ERP systems (Enterprise Resource Planning)
- Proven understanding of internal audit, controls, risk, and compliance.
- Ability to perform audit and to design and implement internal controls.
- Ability to work independently with limited supervision.
- Outstanding organizational skills and attention to detail.
- Ability to communicate effectively, orally and in writing.
- Ability to use sound judgment including maintaining confidentiality.
- High standards of honesty and integrity.
- Ability to build rapport with process owners and different stakeholders.
- Salary Range: $116,527 - $167,507 per annum with a midpoint of $145,658 per annum._
- Upon hire, new employees will be placed in a starting salary between the minimum and P50 (midpoint) of the salary range. The P50 of the range represents an employee that possesses full job knowledge, qualifications, and experience for the position._