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Magna Hiring Senior Internal Auditor Job| New Vacancy

Job Title: Senior Internal Auditor Salary: Not Disclosed  Location: 337 Magna Drive, Aurora, ON L4G 7K1 Company: Magna International Qualifications: Bachelor’s degree  Experience: 4+ years ABOUT MAGNA INTERNATIONAL  Magna International...
Posted in Blog   •   Jobs
2025-01-24
Magna Hiring Senior Internal Auditor Job| New Vacancy
  • Job Title: Senior Internal Auditor
  • Salary: Not Disclosed 
  • Location: 337 Magna Drive, Aurora, ON L4G 7K1
  • Company: Magna International
  • Qualifications: Bachelor’s degree 
  • Experience: 4+ years

ABOUT MAGNA INTERNATIONAL 

Magna International is a leading worldwide automotive provider primarily based in Canada, regarded for designing, developing, and manufacturing innovative additives and systems for the automobile industry. Founded in 1957 and centered in Aurora, Ontario, Magna operates in over 27 international locations, with more than 150 manufacturing centers worldwide. The agency presents a huge range of products, consisting of powertrain structures, body and chassis additives, exterior and interior structures, and digital products. 

Magna is devoted to sustainability, innovation, and advancing the vehicle era, especially in areas like electric vehicles, self-reliant driving, and lightweight solutions. The agency companions with primary automotive producers to help them meet evolving patron demands for safety, efficiency, and sustainability. Magna’s various personnel, strong engineering competencies, and dedication to non-stop development have made it one of the most outstanding players within the worldwide automotive delivery chain.

Magna Hiring Senior Internal Auditor Job| New Vacancy

Job Overview:

A Senior Internal Auditor performs a pivotal position in an organization’s threat management, inner controls, and governance methods. Working underneath the route of the Internal Audit Manager or Director, this expert is liable for engaging in thorough audits of the employer’s economic, operational, and compliance activities. The position guarantees that internal rules, procedures, and policies are being followed, and allows for to discovery of regions of inefficiency or capacity chance.

Key Responsibilities For Senior Internal Auditor:

  • Audit Planning and Execution: Senior Internal Auditors lay out and enforce audit plans based totally on threat checks and the enterprise’s audit priorities. They acquire information, overview rules, and carry out assessments to assess the effectiveness of internal controls across diverse departments and tactics.
  • Risk Management and Control Evaluation: This role includes identifying areas of ability economic, operational, or compliance risks within the company. Auditors determine the adequacy of inner controls to mitigate these risks and make guidelines for improvements.
  • Financial and Operational Analysis: A vast part of the Senior Internal Auditor’s function is conducting in-depth analyses of financial facts, transactions, and enterprise operations. The purpose is to discover discrepancies, inefficiencies, fraud, or irregularities and suggest corrective movements.
  • Reporting and Documentation: After audits are finished, the Senior Internal Auditor prepares comprehensive audit reports that summarize findings, offer actionable recommendations, and describe the significance of identified problems. They might also provide presentations or updates to senior control or audit committees.
  • Compliance and Regulatory Assurance: Ensuring compliance with relevant legal guidelines, rules, and enterprise requirements is vital. Auditors confirm that the company adheres to economic reporting standards, tax policies, and enterprise-unique compliance requirements.
  • Collaboration and Advising: Senior Internal Auditors paintings carefully with other departments to apprehend processes, perceive hazard areas, and advise on the implementation of stronger inner controls. They can also assist management in designing and implementing new structures, policies, or tactics to decorate operational efficiency and reduce danger.
  • Mentoring and Training: This position often entails supervising and mentoring junior audit staff, providing steerage on audit techniques, processes, and hassle-fixing. They may assist with the schooling and improvement of the audit crew to ensure excessive performance and professional growth.

Magna Hiring Senior Internal Auditor Job| New Vacancy

Required Skills and Qualifications:

  1. Education: A bachelor’s diploma in accounting, finance, commercial enterprise management, or a related area is typically required. A Certified Internal Auditor (CIA) certification or similar professional credentials (e.g., CPA, CISA) is frequently preferred.
  2. Experience: A minimum of three years of enjoy in inner auditing, accounting, or related fields. Experience in handling or leading audit groups is effective.
  3. Analytical Skills: Strong capability to investigate economic facts, commercial enterprise strategies, and chance elements. The function requires interest in elements, trouble-solving abilities, and the capability to assess complex situations objectively.
  4. Communication Skills: Excellent written and verbal communication capabilities are important. The Senior Internal Auditor should be capable of gift audit findings really to senior control and different stakeholders.
  5. Knowledge of Audit Standards: A solid understanding of auditing standards, danger management practices, and management frameworks are needed. Familiarity with regulatory environments and financial reporting requirements is also essential.

Career Outlook:

The demand for professional Senior Internal Auditors is constant across industries, specifically within sectors such as finance, healthcare, manufacturing, and era. Internal auditing presents an opportunity to progress to roles such as Audit Manager, Director of Internal Audit, or maybe Chief Audit Executive (CAE).

Click Here to Apply Now 

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