Audit and Risk Management Professional

Full Time Employment Opportunity COMPETITION #MLL377/22-23

Reporting to the Director, Internal Audit, the Audit and Risk Management Professional is responsible for providing independent and objective assurance and consulting services designed to add value and improve Manitoba Liquor & Lotteries (MBLL) business operations. The incumbent applies a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, internal controls, and corporate governance to assist the corporation in achieving their strategic business objectives. Audits performed are of low to moderate complexity.

**Duties**:

- Participate on an audit project to conduct audits of business processes and to evaluate and improve risk management practices, controls, operating efficiencies and corporate governance. Audits will be of low to moderate complexity.
- Prepare detailed audit programs describing audit procedures, focusing on high-risk areas.
- Conduct benchmarking and research of audit areas to identify best practices and industry standards.
- Review and analyze policies and procedures to ensure completeness, relevance, and accuracy.
- Review department documentation to assess accuracy of information, possibilities of fraud and/or misappropriation, usefulness of data, and completeness of information.
- Analyze business processes to identify cost effective improvements and profit improvement opportunities.
- Assess the effectiveness of controls and propose cost effective recommendations to address weaknesses.
- Provide assurance that laws, regulations, policies, and procedures are being complied with.
- Perform follow-up audits to ensure that management is appropriately addressing control deficiencies.
- Prepare accurate, timely, clear, and concise audit reports that identify control weaknesses and associated risks. These reports are issued to Executive Management, as well as to the President & CEO and the Audit & Finance Committee.
- Identify and review the reliability, integrity, and relevance of financial and operational information, used to manage business units.
- Evaluate Business Units’ Key Performance Indicators (KPIs) to determine whether they reflect actual results and include all relevant information.
- Perform compliance audits of third-party contracts, leases, and other agreements.
- Assess whether cash, cash equivalents, inventory, and other assets are adequately safeguarded from potential losses.
- Review and propose recommendations to improve controls over system security, access, integrity, availability, infrastructure development, maintenance, and information relevance for existing and new systems.
- Identify key risks, assess how well risks are being managed, identify control weaknesses requiring Management action and prepare a scorecard to summarize the results for Management.
- Establish and maintain positive working relationships with all staff and Senior Management.
- Provide management and business units with advice on best practices, etc.
- Liaise with external partners as required to conduct audits. Examples include Specialty Wine Stores, beer manufacturers, craft brewers, beer distributors, cannabis producers, cannabis retailers, etc.
- Perform other duties as assigned.

**Primary Qualifications**:

- A University Degree and a designation in a professional accounting program (CPA, CA, CGA, CMA).
- A minimum of three years progressive audit experience in a large private or public organization.
- Experience in conducting operations and system audits, risk assessments, fraud investigations, and knowledge of computer assisted audit techniques, accounting, budgeting, and statistical analysis.
- An understanding of the legal and regulatory framework, particularly as it applies to the gaming, liquor, and cannabis industries.
- Advanced skills in Microsoft 365 (Word, Excel, PowerPoint, Outlook, OneDrive, and Teams).
- Ongoing professional development is required to maintain designations and keep current with trends and tools used in the profession.
- Satisfactory work performance in the preceding twelve (12) months is a requirement. Attendance rate will be a factor in the pre-screening process.

**Secondary Qualifications**:

- Bilingual (French/English) language skills.
- Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certification in Risk Management Assurance (CRMA), or Certified Information Systems Auditor (CISA) are considered assets.
- Previous supervisory/leadership experience gained in an audit environment is an asset.
- Having and maintaining a valid Manitoba Class 5 Drivers License is an asset.
- **Manitoba Liquor and Lotteries is committed to Diversity, Equity and Inclusion. We strive to hire a workforce that reflects the community we serve. Employment equity will be considered therefore applicants who identify as women, Indigenous people, members of racialized groups, and persons with a disability are encouraged to apply._
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