POSITION SUMMARY

The Internal Auditor is responsible for establishing and leading MEDA's independent audit function, providing risk-based assurance to management and the Finance, Audit & Risk Committee (FAR). This role provides enterprise-wide oversight of governance, risk and controls across MEDA's global operations, including multi-country program delivery, donor-funded grants, investment activities, and fund governance structures.

Job Status: Full-Time

Start Date: August/September 2026

Location(s): Hybrid, 1 day in office, Waterloo, Ontario

Salary Range: $116,400-$129,300

MAIN RESPONSIBILITIES INCLUDE:

Internal Audit Strategy & Function Leadership - 20%

• Establish and maintain a risk-based internal audit framework aligned with leading practices, including an audit charter, policies and procedures, reporting formats and governance cadence
• Develop and present the annual internal audit plan for approval by FAR committee
• Define audit methodologies, tools, and reporting standards appropriate to MEDA's operating model
• Build a fit-for -purpose audit function, leveraging external expertise where required
• Monitor compliance with donor, regulatory and contractual requirements
• Assess adherence to internal policies, frameworks, and governance standards
• Support strengthening of control awareness across global teams through targeted guidance and training
• Leverage data analytics and AI tools to enhance audit effectiveness for risk identification and anomaly detection, transaction testing and pattern analysis and continuous auditing approaches
• Promote practical adoption of technology-enables audit techniques appropriate to MEDA's scale
• Ensure responsible and controlled use of data and AI with audit processes

Enterprise Audit & Assurance Delivery- 60%

• Lead and execute audits across MEDA's full risk landscape including;
• Global program operations and country-level execution including grant and donor compliance (e.g., GAC, Mastercard Foundation and other funders)
• Investment management and fund governance (including structures, controls, and investment decision-making processes)
• Procurement, contracting, and vendor management controls
• Fraud risk, safeguarding, and whistleblower response frameworks
• Cybersecurity, data governance, and information management controls
• Regional, partner, and project office controls across multiple jurisdictions
• Assess the adequacy and effectiveness of internal controls and ensure delivery of clear, actionable audit findings

Governance & Reporting - 15%

• Report independently to the FAR committee on audit results, key risks, and control deficiencies
• Escalate material issues directly to FAR without management filtering
• Establish and maintain audit dashboards and tracking systems for monitoring remediation
• Strengthen governance practices across MEDA through disciplined, transparent reporting

Risk Management & Advisory - 5%

• Conduct or provide support for enterprise risk assessments and identify emerging risks
• Provide advisory input on control design and risk mitigation, while maintaining independence
• Provide support for special investigations, including fraud or whistle-blower related matters
• Act as a trusted advisor to leadership on governance, risk and control matters

REQUIREMENTS

Education: Bachelor's degree in finance, accounting, or related field. Professional designation required (CPA, CA, CIA, or equivalent).

Experience: 10 + years in a role performing internal audit, risk or assurance and leading an internal audit function

Technical Expertise: Experience developing and executing risk-based audit plans and reporting to audit committees or boards. Knowledge of financial management of government contracts and compliance requirements. Investment, fund or financial services experience is an asset.

ADDITIONAL QUALIFICATIONS INCLUDE:

• Work in international/multi-country operations and donor funded environments
• Understanding and appreciation of business principles and international development and MEDA's approach of creating business solutions to poverty
• Appreciation and support of MEDA's faith statement, values and goals
• Excellent written and verbal communication skills and interpersonal skills, with the ability to simplify complex ideas
• Ability and willingness for regular international travel to developing countries

APPLICATION DEADLINE: September 29, 2026 @ 4:00 pm EST.

MEDA does not use AI for screening, assessing or selecting applicants