Finance Officer - Internal Audit and Risk

At Hydro Ottawa, we empower the lives of the people in the communities we serve.

As the electricity distributor to the Nation’s Capital, our work powers the essential activities that make up our lives - at home, at work and at play. And as Ontario’s largest municipally-owned producer of green power, we are leading the way to a greener tomorrow.

We are seeking a Finance Officer - Internal Audit and Risk, a strategic thinker who can take initiatives from concept to completion and engineer the way to a smart energy future.

Are you ready to make a difference in our community?

JOB SUMMARY:

Under the direction of the Manager, Internal Audit and Risk Management or the Manager IT Risks and Auditing, the Finance Officer - Internal Audit and Risk is responsible for compiling audit and risk related information, from corporate systems, databases and documents as well as external sources; performing analytical reviews in accordance with defined criteria; identifying and flagging exceptions and anomalies that may require further investigation or resolution with client groups; analyzing source and risk related information, both internal and external, for their business implications; and performing periodic control tests and reviews for reporting, as part of the annual Internal Audit and Enterprise Risk Management work plans.

MAJOR RESPONSIBILITIES

Internal Audit

• Coordinate with process owners for periodic walkthroughs of specific processes including validation of risk/control documentation where available

• Test the effectiveness of controls and processes, clarify results with stakeholders, and compile findings for reporting

• Examine and review transactions, where applicable and required, and communicate results in accordance with direction provided by the engagement lead

• Conduct control tests, clarify observations with the relevant client groups, as directed by the engagement lead

• Conduct analysis and discuss observations, including exceptions and anomalies, with the relevant client groups and the engagement lead

• Participate in the performance of IT audits and reviews of systems, applications and processes, including reviews of IT general controls

• Maintain working papers of internal audit and control reviews

• Prepare observations and recommendations for final reporting

• Maintain the information in the audit universe database

• Perform other duties as required

Enterprise Risk

• Assist with the research and analysis of exposures and risks relating to information systems, information/cyber security, and information management

• Source, filter and compile primary information and data relating to political, environmental, social and technological factors relevant to the lines of business of Hydro Ottawa

• Index the information and research and report highlights and trends to the Internal Audit & Risk Management (IA-RM) management team

• Source, filter and compile primary information and data relating to the utilities business in Ontario as well as elsewhere in Canada, including publications of industry bodies, regulatory bodies and other utilities

• Prepare and validate periodic comparator analyses with other utilities in Ontario and elsewhere for key areas of organizational performance and risk management

• Provide complementary research inputs as required to the IA-RM management team and the Health, Safety and Environment group for the corporate Hazard Identification and Risk Assessment process

• Maintain, refresh, update and analyse as required the database of risks, sources and metrics for periodic risk management reporting

• Assist with ERM quarterly reporting as required

• Perform other duties as required

EDUCATION AND EXPERIENCE

• Post-secondary education

• Professional designation in internal auditing (CIA) or ability to obtain designation within eligibility requirements

• Professional designation in information systems auditing (CISA) or ability to obtain designation within eligibility requirements

• Understanding of corporate accounting and finance, operating and reporting issues

• Exposure to the role and use of IT systems and applications in a business or professional environment.

• Formal education or experience in data analytics, statistical modelling, econometrics or information technology considered an asset

• Advanced proficiency in the Microsoft Office suite of products, including Excel or in Gsuite and Sheets

• English essential, both oral and written; Bilingual (English and French) considered an asset

• Other professional designations (e.g. CPA, Cybersecurity Fundamentals Certificate-CSX) considered an asset.

• Expertise in ERP and customer billing applications considered an asset

• Familiarity with Access and SharePoint/AODocs considered an asset

• Familiarity with the principles of Enterprise Risk Management and Internal Auditing and some exposure to the practice of these disciplines in a corporate environment considered an asset

This is a management group opportunity and salary will be commensurate with qualifications.

Hydro Ottawa offers a Hybrid Work Model. Hybrid work is position specific, the details of which the hybrid model will be discussed with successful candidates.

Hydro Ottawa may use artificial intelligence (“AI”) during the recruitment process to aid in the screening and selection of candidates.

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Hydro Ottawa is committed to establishing a qualified workforce that reflects the diverse population it serves and we encourage applications from all qualified individuals. We are also committed to preventing and removing barriers to employment for people with disabilities, and we invite you to inform us should you have any accessibility or accommodation needs.

Applicants must be legally entitled to work in Canada.