Audit Manager
Contractor
contractor
30 Apr 2025
Mississauga
Verified by Turrior
Content + Source + Freshness • 12 Dec 2025 • 95% confidence
72 / 100
Offer value
Offers a contractual, short-term position that might lack long-term benefits and professional stability.
- Contract work with flexibility and experience gain
- Mentorship opportunities available
- Limited long-term job security
Pros
- Short-term contract enables quick experience gain without long-term commitment
- Hybrid work format with flexibility
- Opportunity for mentorship within a diverse team
Cons
- Limited career advancement due to contract nature
- Possibly lower job security compared to permanent roles
- Expectation to follow strict timelines may cause stress
Who it's for
Mid-level • Hybrid with office presence expected
Good fit
- Contractors seeking quick experience in auditing
- Professionals adapting to hybrid and flexible roles
- Candidates wanting a temporary position in auditing
Not recommended for
- Individuals seeking stable permanent roles
- Those uncomfortable with project timelines
- Professionals needing long-term career growth
Motivation fit
Desire to quickly gain varied audit experienceInterest in working in a flexible, dynamic environmentMotivation to improve leadership skills by mentoring others
Key skills
Audit planning and executionEffective communicationMentoring and coachingRisk assessment and reporting
Score: 72/100 AI verified analysis
About the job
Job Title: Sr Manager, Audit and Advisory Services
Location/Address: Toronto or Waterloo
Working Arrangements: Hybrid, 3 days on site – Tuesday/Wednesday/Thursday
Contract Duration: 05/01/2025 to 08/31/2026 – possibly sooner to fill vacancies, no change in end date
Possibility of extension/ conversion to FTE? No to conversion, unlikely for extension – subject to performance
Number of Positions: #1
Schedule Hours: 9am-5pm (some flexibility, contractor may start a bit earlier or later within reason) Monday-Friday; standard 37.5 hrs/week
Reason: Fill in for an FTE on Leave Of Absence
Story Behind the Need
• Business group: Audit and Advisory Services. The mandate of Audit and Advisory Services is to provide independent and objective assurance and consulting activities to add value and improve the operations of the Company. Audit and Advisory Services assists the Company in achieving its Strategic Objectives through a well-adapted approach to evaluate the efficiency of the Company’s governance, risk management and internal control processes.
• Project: Project based work, will be supporting a portfolio
The Sr Manager, Audit and Advisory Services will deliver high quality, professional, and cost-effective audit and other services to various insurance business units.
Typical Day in Role
• Lead, plan and execute audit and other projects in accordance with department standards, within resource budgets and target dates.
• Have adequate understanding of the risks being handled by the unit being audited and develop audit scope and audit programs to evaluate the controls in place to mitigate these risks.
• Prepare, review, and carry out test procedures to evaluate the controls, to ensure that test objectives and documentation standards are met.
• Perform fieldwork as needed to meet deadlines to complete audit work.
• Prepare clear, concise, and well-organized audit reports, including executive summary and rating of adequacy of risk management.
• Lead various SOX processes, assist in SOX/Mar planning, and provide oversight during walkthrough and testing phases.
• Coach and mentor junior staff assisting on assignments.
• Apply analytical skills and be open minded to explore different ways to audit, embrace and utilize data analytics to enhance audit coverage.
Candidate Requirements/Must Have Skills:
1) 6 to 8 years of audit, risk management, or equivalent business or advisory/consulting experience.
2) Knowledge of audit standards and methodologies, risk management practices, and regulatory requirements.
3) Strong written and oral communication skills, ability to effectively communicate ideas and recommendations, and to listen and consider ideas of others.
4) Ability to work efficiently in diverse environments and cultures
Nice-To-Have Skills:
- Knowledge of data analysis tools is a plus.
Education:
• University degree is required.
• A recognized accounting (CPA, CA) or auditing (CIA, CISA) designation is preferable, but not essential for candidates with good industry experience.
Best vs. Average: Outlined personal attributes/experience/skillsets that make for the ideal candidate
• Key Traits: Go-getter, able to work and lead independently.
• Desired Qualities: Engaged, self-motivated, takes initiative.
• Experience: Most desired experience is auditing, internal audit in insurance (life and health)** or financial services.
• Designations: Canada CPA, US CPA, British/Irish/Australian CPA.
• IT background not relevant, candidate must have Canadian work experience.
• Demonstrated high performance.
• Red Flags: Unexplained gaps in resume, unemployed for no apparent reason.
• Role Fit: Senior audit manager from Big 4 doesn’t transition well into this role; skill isn’t a good fit as they may become uninterested/ disengaged.
• Work Environment: Comfortable with working from office – non-negotiable.
Interviews
1st round. 45 minutes. Interviewer:
2nd round a possibility dependent on strength of resume
Location/Address: Toronto or Waterloo
Working Arrangements: Hybrid, 3 days on site – Tuesday/Wednesday/Thursday
Contract Duration: 05/01/2025 to 08/31/2026 – possibly sooner to fill vacancies, no change in end date
Possibility of extension/ conversion to FTE? No to conversion, unlikely for extension – subject to performance
Number of Positions: #1
Schedule Hours: 9am-5pm (some flexibility, contractor may start a bit earlier or later within reason) Monday-Friday; standard 37.5 hrs/week
Reason: Fill in for an FTE on Leave Of Absence
Story Behind the Need
• Business group: Audit and Advisory Services. The mandate of Audit and Advisory Services is to provide independent and objective assurance and consulting activities to add value and improve the operations of the Company. Audit and Advisory Services assists the Company in achieving its Strategic Objectives through a well-adapted approach to evaluate the efficiency of the Company’s governance, risk management and internal control processes.
• Project: Project based work, will be supporting a portfolio
The Sr Manager, Audit and Advisory Services will deliver high quality, professional, and cost-effective audit and other services to various insurance business units.
Typical Day in Role
• Lead, plan and execute audit and other projects in accordance with department standards, within resource budgets and target dates.
• Have adequate understanding of the risks being handled by the unit being audited and develop audit scope and audit programs to evaluate the controls in place to mitigate these risks.
• Prepare, review, and carry out test procedures to evaluate the controls, to ensure that test objectives and documentation standards are met.
• Perform fieldwork as needed to meet deadlines to complete audit work.
• Prepare clear, concise, and well-organized audit reports, including executive summary and rating of adequacy of risk management.
• Lead various SOX processes, assist in SOX/Mar planning, and provide oversight during walkthrough and testing phases.
• Coach and mentor junior staff assisting on assignments.
• Apply analytical skills and be open minded to explore different ways to audit, embrace and utilize data analytics to enhance audit coverage.
Candidate Requirements/Must Have Skills:
1) 6 to 8 years of audit, risk management, or equivalent business or advisory/consulting experience.
2) Knowledge of audit standards and methodologies, risk management practices, and regulatory requirements.
3) Strong written and oral communication skills, ability to effectively communicate ideas and recommendations, and to listen and consider ideas of others.
4) Ability to work efficiently in diverse environments and cultures
Nice-To-Have Skills:
- Knowledge of data analysis tools is a plus.
Education:
• University degree is required.
• A recognized accounting (CPA, CA) or auditing (CIA, CISA) designation is preferable, but not essential for candidates with good industry experience.
Best vs. Average: Outlined personal attributes/experience/skillsets that make for the ideal candidate
• Key Traits: Go-getter, able to work and lead independently.
• Desired Qualities: Engaged, self-motivated, takes initiative.
• Experience: Most desired experience is auditing, internal audit in insurance (life and health)** or financial services.
• Designations: Canada CPA, US CPA, British/Irish/Australian CPA.
• IT background not relevant, candidate must have Canadian work experience.
• Demonstrated high performance.
• Red Flags: Unexplained gaps in resume, unemployed for no apparent reason.
• Role Fit: Senior audit manager from Big 4 doesn’t transition well into this role; skill isn’t a good fit as they may become uninterested/ disengaged.
• Work Environment: Comfortable with working from office – non-negotiable.
Interviews
1st round. 45 minutes. Interviewer:
2nd round a possibility dependent on strength of resume
