Compliance Consultant

JOB SUMMARY

The Business Support Services (BSS) unit is responsible for providing specialized business supports and services to the General Manager as well as Services and Branches within the department, through a centralized team.

You are responsible for designing and conducting assigned, risk-based compliance reviews of financial business processes in support of the City’s internal financial control systems. You also provide related advice and consultation to business process owners across the corporation, and ensure that legislative requirements, accounting/auditing standards and corporate guidelines are met.

EDUCATION AND EXPERIENCE

Completion of 4 year degree in Accounting, Commerce, Public Administration or Business Administration, or enrolment in a professional accounting program

Minimum of 5 years of experience in internal/external audit, management consulting or financial analysis/reporting, with some experience in business process design or re-engineering

CERTIFICATIONS AND LICENCES

KNOWLEDGE

• Generally accepted accounting principles, auditing standards, audit practices and methodologies
• The Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal control framework
• Consulting and monitoring techniques
• Legislative environment including Municipal Act, Public Sector Accounting Board Handbook, Harmonized Sales Tax Act and other legislation relevant to specific assignments
• Internal controls and processes
• Cost benefit analysis and tools
• Risk management techniques
• Process maps and flow charts
• On-line systems including electronic approval processing, data entry, associated internal controls and audit trails
• Broad knowledge of the City’s businesses, programs, policies and practices
• Applicable corporate policies, procedures and processes
• Knowledge of applicable health and safety legislation, including the rights and duties of workers

COMPETENCIES, SKILLS AND ABILITIES

• Ability to apply a creative and flexible approach to analysis and problem solving that focuses on significant issues and provides appropriate advice and recommendations to the client
• Ability to identify opportunities to add value, efficiencies and suggest improvements to key financial processes in an environment of constant change and competing priorities
• Ability to apply various assurance, risk and consulting methodologies, analytical techniques, statistical sampling techniques and methods to issues/problems; identify cause and effect relationships and develop practical solutions
• Ability to review or design internal control measures relating to various financial management processes
• Ability to demonstrate strong oral and written communication skills to prepare compliance reports, synthesize and present findings and prepare issues analysis, policies, processes and other required documents in a clear and concise manner
• Ability to apply project management techniques to manage the planning and conduct of assignments
• Ability to interpret and apply government legislation, corporate policies, procedures, guidelines and collective agreements and advise clients accordingly
• Ability to use word-processing, spreadsheet, database applications, presentation software, flowcharts, as well as the City’s financial management information system (SAP)
• Ability to use specialized audit or data extraction tools for data analysis
• Ability to use sound judgment in applying internal control risk assessment techniques to evaluate client operations, identify weaknesses and mitigate risk
• Ability to assess the significance of various findings and focus on significant issues
• Ability to exercise sound professional judgement in complex financial matters,
• Ability to work independently with minimal supervision
• Ability to provide leadership to other staff in the completion of complex compliance assignments
• Ability to monitor and remain informed of current and emerging internal and external trends and make recommendations to deliver client centric results
• Ability to contribute to a positive team environment
• Accuracy and attention to detail
• Team player
• Excellent communicator
• Results oriented
• Self-motivated