Reporting to: Executive Vice President, Risk, Compliance & People
Position Summary: As the leader of the Internal Audit team, and reporting directly to the Audit Committee, you will develop and have oversight for the execution of our internal audit plan, which focuses on various strategic business functions and activities across both CAPREIT and European Residential REIT (ERES REIT), collectively the “Company”.
Primary Responsibilities:
- Developing and executing a risk-based internal audit plan in accordance with the Institute of Internal Auditors
- Planning and executing risk-based audits, reporting audit results to both Management and the Audit Committee, and monitoring management’s control environment
- Monitoring the implementation of audit recommendations and tracking corrective actions
- Fulfilling the expectations set out in the Company’s Internal Audit mandate
- In collaboration with the Compliance and Enterprise Risk teams, conducting audits to assess compliance with policies, standards, procedures, applicable laws, regulations and/or conducting risk based assessments
- Encouraging the use of data analytics in audit programs
- Performing controls testing to support financial reports and ESG reports, as required
- Fostering quality and continuous improvement in the Company’s control processes.
- Performing advisory services related to governance, risk management, compliance and internal controls as appropriate or requested by management or the Audit Committee.
- Coordinating with external auditors in order to obtain optimal assurance.
- Keeping management and the Audit Committee informed of emerging trends and successful practices in Internal Audit
- Issuing periodic reports to management and the Audit Committee summarizing the results of audit activities
- Leading and managing the internal audit team, fostering a culture of high performance, collaboration, and continuous improvement
Qualifications:
- CPA and/or CIA designation required
- 10 years of work experience in an internal audit environment, including experience with directly managing individuals and teams
- Experience in the real estate industry would be a valuable asset
- Ability to analyze and conceptualize business risks, processes and internal controls coupled with an inquisitive and critical thinking mindset
- Strong work ethic with excellent time management and multi-tasking skills and can perform well in a dynamic environment with tight timelines
- Excellent leadership skills with the ability to motivate, coach, and effectively manage performance
- Strong communication and interpersonal skills with experience in preparing and presenting to senior management and Audit Committees
- Proficiency with Microsoft Office and Yardi
- Knowledge of governance, risk and compliance software applications.