Corporate Internal Auditor

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value.

Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.

When you are part of Magellan, you are part of the team

Position Summary

Magellan Aerospace, Limited has an exciting new opportunity for a Corporate Internal Auditor. The successful incumbent will provide assistance on audit planning and execute financial and compliance audits. They will do so by acting in accordance with accepted professional standards in order to ensure compliance with policies, procedures and adherence to applicable laws and regulations. Please note, one of the key requirements for this position is being able to travel 20 to 40% internationally.

Essential Responsibilities

Develop audit plans and programs (i.e. procedures, methodology, checklists and questionnaires)

Adjust to plans and programs as appropriate to reflect areas of concern raised by stakeholders

Assist in the development, implementation and use of auditing tools and/or database (e.g. IDEA, advanced excel skills)

Provide analysis and make recommendations for improvement in audit procedures

Assist with implementing improvements in audit procedures

Perform detailed audit procedures/tests, including conducting interviews, observing operations, conducting analytical procedures, reviewing transactions, documents, records, reports, and policies and procedures

Evaluate the adequacy and effectiveness of internal controls in business processes and other related areas

Complete documentation in working papers which record and summarize further audit procedures performed (if required)

Develop, in cooperation with management, recommendations to solve issues identified during the course of the audit (e.g. corrective or improvement action) that are realistic, creative, workable and meet client business objectives

Prepare written audit reports

Follow up to determine adequacy of corrective actions

Provide assistance to external auditors as requested

Assist in special projects as may be assigned

Assist in the development of presentations pertaining to audit and risk-related issues

Position Requirements

Bachelor’s degree in accounting or related field

3 to 5 years relevant experience

External or internal audit experience is an asset

Experience using IDEA or other equivalent data analytics software is a must

Must be able to travel 20 to 40% internationally when required due to Magellan’s global presence

Working towards or interested in obtaining related professional designation.

Knowledge of accounting/finance principles and computer systems

Understanding of audit-related practices, principles, processes, procedures and techniques

Working knowledge of risk and control principles

Experience in data mining required

Proficient in Microsoft Office

Ability to establish and maintain effective relationships with diverse people while remaining impartial and objective

Excellent verbal and written skills

Excellent problem solving and analytical skills

Solid organizational and time-management skills

Excellent team player while also being able to work independently

Why Magellan?

Competitive salary

Attractive benefits package (fully Company paid)

Generous Company pension plan

Positive work-life balance

Excellent career progression opportunities

Employee Assistance Program

On-site gym

Free parking

Confidentiality