About Company
Join Hiring.zycto, a dynamic recruitment firm that champions exceptional talent in pivotal financial leadership roles. We specialize in connecting top-tier finance professionals with organizations poised for growth and operational excellence. For a Director of Internal Audit, we offer unparalleled access to diverse opportunities within leading institutions, where your strategic oversight and expertise can drive significant impact. Our commitment is to fostering environments where robust governance and financial integrity are paramount, making us an ideal partner for audit leaders seeking their next significant challenge.
Job Description
This role demands a highly experienced and strategic Director of Internal Audit – Finance to oversee and enhance the internal audit function for a prominent cultural institution. While the ultimate placement will be within the esteemed Aga Khan Museum in Toronto, you will initially be working with Hiring.zycto to secure this pivotal position. You will be instrumental in safeguarding assets, ensuring financial reporting reliability, promoting operational efficiency, and ensuring compliance with relevant laws and regulations. The successful candidate will be a seasoned professional with a deep understanding of financial principles, risk management, and governance frameworks, ideally within a non-profit or institutional setting.
As the Director, you will be responsible for developing and executing a comprehensive audit plan, identifying critical risks, and recommending effective control enhancements. You will lead a small, dedicated team, fostering a culture of continuous improvement and ethical conduct. This position requires strong leadership, impeccable integrity, and the ability to communicate complex financial matters clearly and persuasively to executive management and the Board of Directors. You will provide independent and objective assurance, offering invaluable insights that support strategic decision-making and uphold the institution’s financial health and reputation. This is more than just a compliance role; it’s an opportunity to shape the future of financial oversight within an organization dedicated to cultural preservation and education. Your expertise will be vital in navigating the unique financial landscape of a global cultural institution, ensuring transparency and accountability across all operations. The role demands a proactive approach to identifying emerging risks and opportunities for process optimization, making a tangible difference in operational resilience and financial stewardship.
Key Responsibilities
- Develop, implement, and oversee a comprehensive risk-based internal audit plan.
- Lead and manage financial, operational, and compliance audits to assess control effectiveness and compliance with policies.
- Identify significant risks and exposures, recommend control improvements, and monitor their implementation.
- Present audit findings, recommendations, and status updates to senior management and the Audit Committee of the Board.
- Ensure adherence to internal audit standards, regulatory requirements, and best practices (e.g., IIA standards).
- Provide advisory services to management on control issues, risk mitigation, and process improvements.
- Oversee the preparation of audit reports, ensuring accuracy, clarity, and conciseness.
- Foster a strong ethical culture and promote fraud awareness within the organization.
- Stay abreast of industry trends, regulatory changes, and emerging risks relevant to the institution.
- Manage and develop the internal audit team, promoting professional growth and high performance.
Required Skills
- Proven expertise in financial auditing, risk management, and internal controls.
- Exceptional analytical and problem-solving abilities.
- Strong leadership and team management skills.
- Excellent written and verbal communication skills, including presentation abilities.
- Proficiency in audit software and data analysis tools.
- Demonstrated ability to interact effectively with all levels of management and board members.
- In-depth knowledge of financial regulations and compliance frameworks.
Preferred Qualifications
- Certified Internal Auditor (CIA) designation.
- Certified Public Accountant (CPA) or Chartered Accountant (CA) designation.
- Experience in the non-profit, cultural, or museum sector.
- Master's degree in Finance, Accounting, Business Administration, or related field.
- Familiarity with IFRS and Canadian accounting standards.
- Experience with enterprise resource planning (ERP) systems.
Perks & Benefits
- Competitive salary and comprehensive benefits package.
- Opportunities for professional development and continuous learning.
- A stimulating and supportive work environment within a world-renowned cultural institution.
- Generous paid time off and holidays.
- Access to museum exhibitions and events.
- Contribution to a mission-driven organization with significant societal impact.
- Health and wellness programs.
- Retirement savings plan with employer contributions.
How to Apply
Interested candidates are invited to apply directly through the provided application link. Please ensure your resume and cover letter highlight your relevant experience and qualifications for this critical leadership role. We thank all applicants for their interest, but only those selected for an interview will be contacted.