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Entry Level Internal Audit Jobs in Ontario (NOW HIRING)

25-046 Business Analyst

Pickering, ON · On-site

$55 - $70/hr

... internal control and audits; and benchmarking. Provide regular reports on business performance measures including analysis of actual results or targets and measures in place. Carry out requirements ...

Technical Accountant

Toronto, ON · Hybrid

CA$59K - CA$77K/yr

... Internal and External audit requests Keep up to date with business developments to ensure processes are effective and efficient Document all material processes and risks within delegated area and ...

... an entry-level Workplace Health & Safety Specialist (WHSS), you will be provided with extensive ... Lead daily safety audits, incident investigations, and risk assessments while implementing ...

This is an entry-level position focused primarily on the administrative and document-processing ... for internal reviews or audits. * Follow established AP procedures and internal controls.

Tax Analyst

Toronto, ON · On-site +1

This entry-level role requires attention to detail, a developing analytical mindset, and the ... Audit Assistance: Provide assistance in gathering documentation and information for both internal ...

Payroll Analyst

Brampton, ON · On-site

CA$62K - CA$78K/yr

Analyzes, audits, reconciles, and resolves complex payroll processing and employee payroll issues ... Communicates primarily and frequently with internal contacts. External interactions are less ...

Payroll Analyst

Brampton, ON · On-site

CA$62K - CA$78K/yr

Analyzes, audits, reconciles, and resolves complex payroll processing and employee payroll issues ... Communicates primarily and frequently with internal contacts. External interactions are less ...

Entry Level Internal Audit information

See Ontario salary details

$22.5K

$64.1K

$138K

How much do entry level internal audit jobs pay per year?

As of Sep 2, 2026, the average yearly pay for entry level internal audit in Ontario is $64,138.00, according to ZipRecruiter salary data. Most workers in this role earn between $35,000.00 and $79,500.00 per year, depending on experience, location, and employer.

What does an entry level internal auditor do?

An entry level internal auditor is responsible for assisting in the evaluation of an organization’s financial and operational processes to ensure compliance with policies, procedures, and regulations. They typically help review financial records, test internal controls, and document findings under the supervision of senior auditors. Entry level auditors may also participate in risk assessments, prepare audit reports, and recommend improvements to enhance efficiency and reduce risk. This role provides foundational experience in auditing and valuable exposure to different areas of a business.

What are the key skills and qualifications needed to thrive as an entry level internal auditor, and why are they important?

To thrive as an Entry Level Internal Auditor, you need a solid understanding of accounting principles, risk assessment, and data analysis, often supported by a relevant bachelor's degree in accounting, finance, or business. Familiarity with audit software such as ACL, Microsoft Excel, and knowledge of compliance frameworks or pursuing certifications like CIA (Certified Internal Auditor) is advantageous. Strong attention to detail, analytical thinking, and effective communication skills help you stand out in this role. These competencies are crucial for accurately evaluating organizational processes, ensuring compliance, and delivering actionable insights to improve operations.

What are some common challenges faced by entry level internal auditors, and how can they overcome them?

Entry-level internal auditors often encounter challenges such as quickly learning complex business processes, adapting to various audit methodologies, and effectively communicating findings to both peers and management. To overcome these hurdles, new auditors should proactively seek mentorship, participate in training programs, and ask clarifying questions during audit assignments. Building strong relationships with team members and stakeholders also helps in understanding organizational priorities and gaining the support needed to perform thorough audits.

What is the difference between Entry Level Internal Audit vs Entry Level Financial Analyst?

AspectEntry Level Internal AuditEntry Level Financial Analyst
Required CertificationsNone required, but CPA or CIA preferredNone required, CFA helpful
Work EnvironmentInternal audit departments, corporate officesFinance departments, corporate offices
Employer & Industry UsageUsed across industries for risk and complianceUsed in finance, investment, and corporate sectors
Common Search & ComparisonYesYes

Entry Level Internal Audit and Entry Level Financial Analyst roles often share similar environments and industry usage. While internal audit focuses on evaluating internal controls and compliance, financial analysts analyze financial data to support business decisions. Both roles require strong analytical skills but differ in their core functions and certifications.

What are the most commonly searched types of Internal Audit jobs in Ontario?

The most popular types of Internal Audit jobs in Ontario are:

Infographic showing various Entry Level Internal Audit job openings in Ontario as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $64,138 per year, or $30.8 per hour.

CA$54K - CA$67K/yr

Full-time

This job post has expired 3 days ago. Applications are no longer accepted.


Job description

SUMMARY

The Financial Analyst I provides standard transactional support for a process within an accounting cycle, can communicate with concerned parties pertaining to transactions and provides support/input for analysis.

KEY DUTIES & RESPONSIBILITIES

Accounting
    Provides standard transactional support for a process within an Accounting cycle or client account / product line
    Ability to complete and resolve assigned basic account reconciliations independently.
    Identifies issues or discrepancies in basic transactional accounting.


Accounting Policy
    Understand GAAP requirements relevant to the financial cycle or portfolio supported


Audit Support and Controls
    Basic understanding of audit and internal control requirements
    Maintains accurate and complete records for audits
    Gathers audit support data upon request


Financial Systems
    Entry level knowledge of current accounting systems 
    Proficient with MS Office suite of software including Excel
    Basic understanding of the interactions between financial systems related to the portfolio supported
    Able to work with IT and operational teams on basic system setups


Planning/Forecasting
    Simple data extracts to support the preparation of forecasts
    Provides relevant trending analysis to support the preparation of forecasts


Analysis
    Responds to internal requests for  ad hoc analysis with guidance from senior team members


Reporting
    Support preparation of internal reports
    Support preparation of labour and payroll related reports
    Provides support/input into basic business cases


Scope/Complexity
    Single, high volume or multiple, low volume portfolios
    With standard transactions


Interaction with Concerned parties
    Some Concerned parties interaction with transactional level data
    Generate routine transactional data to support operational decision making

Financial Management/Contract Interpretation
    Awareness of financial obligations of portfolio
    Supports delivery of contract/portfolio deliverables of a financial nature in a timely and efficient manner, in areas of less complexity


Process Adherence / Implementation
    Understand basic business processes, ensures compliance and appropriate documentation


Problem Solving
    Identification of basic issues or discrepancies


Technical and Business Knowledge
    Has demonstrated a curiosity for the industry and business which they support.
    Has made initial connections with operational counterparts in support of transactional processes.
 

KNOWLEDGE & SKILLS

  • College/University graduation or professional certification (e.g., CPA, CMA, CGA or equivalent courses)
  • Minimum of 1 to 3 years of related experience.
  • Ability to prepare month end journal entries to support proper transaction reporting
  • Basic understanding of the interactions between sub ledger and general ledger
  • Understanding of audit requirements
  • Ability to identify issues or discrepancies in basic transactional accounting
  • Ability to communicate processes and procedures within the team and to internal customers
  • Ability to prepare basic memos and provide basic variance explanations.
  • Entry level knowledge of current accounting systems and MS Office suite of software

Licenses and/or Professional Accreditation

  • Registered in an Accounting designation program (CGA, CMA)

This is a regular, full-time position with a salary range of $54,185 - $67,732 per annum. The starting salary will be based on the successful candidate's competencies, including but not limited to experience, education and performance related to this role. 

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