Manager for Audit of Finance and Support Services

Program Description

The Internal Audit Group assists the Foundation in accomplishing its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of the Foundation's governance, risk management and internal control. The scope of internal auditing encompasses, but is not limited to, the examination and evaluation of the adequacy and effectiveness of the Foundation's governance, risk management, and internal controls, as well as the quality of performance in carrying out assigned responsibilities to achieve the Foundation’s stated goals and objectives.

Position Summary

The Manager for Audit of Finance and Support Services (“the MAFS”) oversees the strategic and tactical operations of the one of the departments in the Internal Audit Group, specifically under the Audit of Corporate Support Services (CSS), which include: (1) Audit of Information Systems; (2) Audit of Finance and Support Services and (3) Fraud and Special Investigations. The MAFS also plays executive group-wide and enterprise-wide roles as a member of the Internal Audit Group’s leadership, and as part of the key officers who may have reporting privileges to the Audit and Board Risk Committee.

The MAFS exercises supervision of audit engagements undertaken by the Audit of Finance and Support Services (AFSS), and as such, the MAFS employs technical expertise in overseeing the work of the internal auditors in the department, as well as in various audit engagements in collaboration with other Departments (e.g., Audit of Branch Operations, Audit of Information Systems, Fraud and Special Investigations, and Audit of Program Enterprises). The MAFS will be particularly involved in the planning, execution, reporting and follow up phases of the Department’s engagements, perform engagement progress monitoring, and provide technical consultancy on audit matters of significance and relative complexity. The MAFS also works closely with other Team Leaders of the Internal Audit Group for audit engagements where financial audits and other shared services audit (except for information technology which is supervised by the Audit of Information Systems Department) are included in the scope.

Overall, the MAFS will be accountable for the delivery of Financial Controls Assurance and Advisory Services. This may include, but not limited to: a) financial controls audit, b) review of financial information; c) Quality Assurance Review; d) general controls review; e) shared service performance review; f) accounting information systems review; g) governance review; and h) financial reporting fraud or error investigation. Other advisory services may be required of the AFSS Audit Team, in accordance with the policies of the Internal Audit Group, and as agreed to by the CAE and HoA-CSS.

The MAFS exercises administrative oversight roles over the Audit of Finance and Support Services Department, including talent management planning (hiring, appraisal, training, performance management, engagement, firing, etc.), team coaching and leadership, budget and review, financial transactions review and approval, risk management of the team, communication plans, administrative policies and procedures, etc. This includes ensuring alignment of activities, projects and engagements of the AFSS with well-defined strategic and annual audit plans of the Internal Audit Group, and the Foundation, as a whole.

The MAFS works closely with the team leaders of the Internal Audit Group in fulfilling the Charter of the Internal Audit, especially in the areas of strategic and annual audit planning, performance management, periodic reporting to Senior Management, and the Audit and Board Risk Committee, conducting enterprise-wide and management-level audits, and performing special engagements as requested by Management and the Board. In cases of consultancy services, the MAFS acts as a resource for financial controls, financial reporting, and accounting information systems.