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Corporate Internal Auditor
2 weeks ago
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
