Position: Director, Internal Audit

Primary Location: Toronto, Ontario

Shift: Salaried 

Reports to: Vice President, Corporate Finance 

Compensation: $175,000 - $185,000 CAD + Benefits + Bonus

Salaried rates are determined by role, level, and location. The salaried rate displayed on each job posting reflects the starting rate for new hires for the position. Rates may also be determined by work location and additional factors, including job related skills, experience, and relevant education or training. More specific rate factors for your preferred location can be discussed during the hiring process, as some facilities are subject to Collective Bargaining Agreements. Please note that the compensation details listed in the US roles postings reflect the hourly rate only, and do not include benefits, pension contributions or additional incentives such as overtime and shift premiums.

Chemtrade is committed to delivering innovative solutions that address the complex challenges faced by our customers. As a responsible corporate citizen, we prioritize safety, sustainability, and environmental stewardship in all aspects of our operations. Our talented and diverse workforce is at the heart of our success, as we recognize that their knowledge, skills, and dedication drive our ability to deliver exceptional products and services. At Chemtrade, we believe in creating an environment where everyone feels valued, respected, and empowered to contribute their unique perspectives and talents. By putting people at the center of our operations, we build strong connections, nurture innovation, and create a fulfilling work experience for all.

About this Role and About You

The Director, Internal Audit is responsible for managing the Internal Controls over Financial Reporting (ICFR) program as well as audits beyond the ICFR program. They develop annual audit plans, design internal control tests and assess the results. The Director holds quarterly meetings to present findings to the CEO and CFO. They also present findings to the Audit Committee quarterly. The Director will ensure that the planning, execution, and reporting is carried out efficiently and effectively. Responsibilities include other areas of internal control outside of ICFR, including various policies and procedures, the implementation of control improvements and communicating changes to affected functions.  The incumbent will be an integral part of the Corporate Finance Function of a growing public entity in a dynamic environment.

Qualifications

• Post-secondary degree in business, finance, or a related discipline
• Holds one or more of CPA, ACA, CIMA, ACCA, CIA, CISA, CISM/CISSP designations
• 5-10 years of internal controls/internal audit experience post CPA qualification
• Public company experience, a strong asset
• Knowledge of SOX, an asset
• Exceptional MS Office Suite and accounting software knowledge (SAP an Asset)
• Strong verbal and written communication skills, initiative and ability to multi-task
• Good time management skills, enabling completion of responsibilities within deadlines
• Time requirements may include overtime

Responsibilities

• Internal Controls over Financial Reporting (ICFR) – 40%
  • Manage the Internal Controls over Financial Reporting program to ensure compliance with COSO framework.
  • Develop the annual audit plan, including testing plan and assess design effectiveness.
  • Oversee and review testing performed by other finance department staff.
  • Identify and recommend solutions for control improvement opportunities including optimization of controls environment.
  • Chair meetings with the CEO and CFO on a quarterly basis to present findings.
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  • Present results of internal control testing to the Audit Committee on a quarterly basis.
  • Maintain a collaborative and constructive relationship with external auditors to ensure alignment of risk assessments and to maximize efficiency.

• Internal Audit (Non-ICFR) – 30%
  • Develop an annual non-ICFR audit program tailored to Chemtrade’s objectives, risks and control environment to enhance Chemtrade’s risk management, mitigation, control process and overall compliance and governance and obtain senior management alignment and approval thereof by the Audit Committee.
  • Ensure audit objectives are specific, measurable and relevant. Develop appropriate audit procedures in accordance with applicable standards.
  • Develop and Implement additional audit procedures related to ESG reporting to ensure compliance with ISSB standards.
  • Manage the execution of the Internal Audit program which would include capital project audits, plant spending audits, corporate procurement audits and inventory audits as well as Chemtrade’s compliance program in relation to key policies such as the Supplier Code of Conduct including appropriate reporting, opportunities for improvement and ensure monitoring of remediation and effectiveness thereof.

• Risk Management – 10%
  • Participate in the Enterprise Risk Management (ERM) program including overall enterprise risk assessments, risk identification and monitoring of key enterprise risks, including by providing objective assurance, advice and insights to ensure effectiveness of identification, assessment, monitoring and mitigation of risks in order to strengthen Chemtrade’s risk management program and enhance its resilience to emerging threats and opportunities. 

• Implement Control Improvements – 15%
  • Present control improvement opportunities identified to process stakeholders
  • Collaborate with process stakeholders to determine solutions that provide value by improving operational efficiencies, reduce costs and mitigates risk
  • Communicate control changes to affected functions/groups
  • Validate control improvements post implementation

•  Special Projects/Adhoc Reporting – 5%
  • Participate in special projects/adhoc advisory roles and reporting as requested.

What Chemtrade Offers You

Embracing Diversity, Maximizing Results

At Chemtrade we are committed to cultivating a work environment that embraces and values the unique qualities of every employee. We believe in harnessing the richness of diverse talents, ideas, backgrounds, experiences, and perspectives to drive our business forward. Our vision is to create a workplace where all individuals feel respected, empowered, and inspired to contribute their experiences, ideas, and perspectives.

In our culture, we celebrate multiple approaches and viewpoints. To foster an inclusive environment, we actively encourage the creation of Employee Resource Groups. These groups provide platforms for employees to share their unique perspectives, contribute their ideas, and help shape our inclusive culture. Together, we strive to build a workplace that recognizes and celebrates the diverse voices within our organization.

We recognize that the diversity of our employees is paramount to our organization's success. It is through the diversity of perspectives that we develop and shape programs and tools that support our employees' growth and career management. Join us in our journey towards building an inclusive workplace that values diversity and promotes the personal and professional development of our employees.

We recognize the immense value of Employee Resource Groups (ERG’s) in fostering an including and supportive work environment.  Our ERG’s serve as vital platforms for employees to connect, share experiences, and celebrate their unique backgrounds and perspectives. 

We firmly believe that diversity drives innovation and fuels our success as an organization. By encouraging the formation of ERG’s, we aim to create a workplace where all individual feel empowered to bring their whole selves to work and contribute their diverse talents and ideas.  Additionally, we understand the importance of work-life balance and the well-being of our employees and their families.  That is why we proudly offer a range of family-friendly benefits and opportunities for career growth and advancement. 

We are committed to supporting our employees at every stage of their lives and ensuring they can thrive both professionally and personally.  Join us and be a part of a company that values diversity, inclusion and the well-being of it’s employees.

Learn more about Chemtrade by following us on LinkedIn or Facebook  and YouTube: Chemtrade Video.

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