Auditor Job Description
Auditor
provides assistance for internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
Auditor Duties & Responsibilities
To write an effective auditor job description, begin by listing detailed duties, responsibilities and expectations. We have included auditor job description templates that you can modify and use.
Sample responsibilities for this position include:
Examine and evaluate internal controls in key risk areas of banking activities/practices to ensure compliance with internal policies and applicable rules, laws, and regulations
Propose or evaluate appropriate corrective measure designed to strengthen internal controls, operational policies and procedures, and other weaknesses identified during audits
Audit functions of financial operations & internal controls
Participates in audits and Sarbanes-Oxley compliance reviews of various company business functions, incorporating an understanding of business processes, risk assessment techniques, GAAP and statutory accounting principles, and generally accepted auditing standards
Assists the lead reviewer in identifying risks and testing controls associated with financial integrity, operational effectiveness, compliance with rules and regulations, and systems and data integrity
Prepares documentation in adherence to internal audit professional standards, best practices and Corporate Audit's methodology
Studies, evaluates, documents, and tests clients’ internal controls
Assist in evaluating key risks/internal controls, develop/ review audit programs/risk and control matrices
Assist in performing testing procedures
Organize and maintain client documentation in a manner consistent with safekeeping practices
Auditor Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Auditor
List any licenses or certifications required by the position: CPA, CIA, CISA, CFE, CAMS, CA, MANAGEMENT, FINANCIAL, CMA, CFA
Education for Auditor
Typically a job would require a certain level of education.
Employers hiring for the auditor job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Education, Auditing, Business/Administration, Public Administration, Business Law, Engineering, Business, Performance
Skills for Auditor
Desired skills for auditor include:
Excel
Accounting
Security procedures
Practices
Regulations
Medical terminology
Procedures
Outlook
Internal controls
But not limited to
Desired experience for auditor includes:
Ability to travel globally up to 25% to 35%, including international locations requiring a passport
Strong work ethic with self-accountability for high quality deliverables and achieving departmental goals
Has a positive attitude and can work through challenges and changing circumstances
Functions in various roles on complex and high risk audit engagements, including executing, leading and consulting on audits across capital and treasury functions
Participates in peer audit discussions on risk/capital coverage, risk committee meetings to stay abreast of industry and organization progress
Under the direction of IA Sr
Auditor Examples
1
Auditor Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of auditor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for auditor
- Participate and lead discussions with business partners and maintain an understanding of best practices within the capital markets area
- Effectively execute test procedures with moderate oversight from the Manager / Supervisor
- Effectively executing test procedures with moderate oversight from the Manager / Supervisor
- Ensure requisitions to replenish stocks, obtain substitutes, and acquire new products are in accordance with established orders/procedures
- Documents, evaluates, and test systems and controls to determine their adequacy and effectiveness, ensuring (i) compliance with policies and procedures, (ii) accomplishment of management's objectives, (iii) reliability and integrity of information, (iv) economical use of resources, and (v) safeguarding of assets
- Identify internal control deficiencies and assessments of internal controls based upon analysis of the audit evidence prepared
- Assist with planning of audits
- Perform compliance testing and budget projections
- Prepare trial balances
- Assisting Senior Management as needed
Qualifications for auditor
- Strong analytical skills, attention to detail strong written and verbal communication
- The ideal candidate is a motivated, detail-oriented self-starter with the ability to multitask within a fast-paced environment
- Professional certification (CPA, CIA, CFE, ) preferred
- A first degree in mathematics, physics, engineering, finance or econometrics and ideally a Masters or PhD in one of those areas or finance
- Assists in developing audit plans, programs and specific tests to evaluate control areas
- Analyzes findings and test results and arrives at sound fact-based conclusions and appropriate recommendations for problem areas noted
2
Auditor Job Description
Job Description Example
Our company is searching for experienced candidates for the position of auditor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for auditor
- Participate in annual risk assessment activities
- Attend audit entrance and exit conferences and participate as appropriate for work assigned
- Assist in documenting processes and sub-processes in the form of walkthroughs, narratives, and flow charts for audit areas in scope
- Interact with clients to help validate the information/communication flow to the audit team is efficient and effective
- Use available technical resources and tools
- Sound knowledge and experience in performing excellent risk-focused fieldwork that complies with the firm's policies and methodologies to identify key challenges and exposures
- Depending on the position's objectives, the candidate may be specialised on certain aspect of financial services
- Assemble work-papers and present audit findings to management for review
- Contribute to the completion of the overall audit process, including the execution of the annual audit plan
- Assess inherent risks associated with key processes and the controls designed to mitigate those risks
Qualifications for auditor
- Confident presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with auditees and senior management at all levels
- Internal/external audit experience or other audit experience is preferred
- Ability to travel 10 to 12 weeks during the year
- The successful candidate will have 3 years audit experience, or preferably 3-6 years experience in relevant specialty roles
- 1-2 years of experience in audit, SOX testing, or compliance-related field
- Professional certification (CPA, CIA, CFE, ) or advanced degree required
3
Auditor Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of auditor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for auditor
- Prepare and present findings and recommendations to management
- Exposure to Investment Banking clients and knowledge of capital markets processing, with demonstrable experience of IT auditing in an Investment Banking context , audits of automated business controls
- Able to multi-task assignments and prioritise workload, delivering to deadlines with limited supervision and showing resilience under pressure
- Identify audit objectives
- Plan scope of assigned audits as directed
- Assist with assessing risks and recommending changes to improve operations or strengthen business controls and negotiate solutions or corrective action
- Assist in attaining department's annual performance goals
- Represent the department as a business partner
- Assist with plant audit projects as assigned, such as annual financial review with external auditors
- Perform an appropriate level of testing based on the scope and risk, without over or under auditing
Qualifications for auditor
- Partial or full CPA qualification preferred
- Fluency in Latin American or Asian foreign language strongly preferred (written and verbal)
- Bachelor’s degree with concentration in accounting or finance
- CPA, CIA, CISA, CFSA or other relevant certification is desired
- Prior experience working with a financial institution is preferred
- Functions in various roles on audit engagements, including leading audits, executing audits and providing oversight functions based on the needs of the team
4
Auditor Job Description
Job Description Example
Our company is growing rapidly and is hiring for an auditor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for auditor
- Review notes should not be excessive
- Manage time (by keeping abreast of audit status and hours incurred) to meet established deadlines, milestones, and time budgets
- Assist in determining conclusions and evaluate findings
- Collaborate with other auditors and project teams
- Up to 10% domestic/international travel during the fiscal year
- Conduct audit planning and closing meetings with Internal Audit and relevant Department Management
- Performing an appropriate level of testing based on the scope and risk, without over or under auditing
- Producing work paper documentation that is clear and concise, providing adequate detail of work performed and conclusions reached, and meeting IAD and professional standards
- Managing time (by keeping abreast of audit status and hours incurred) to meet established deadlines, milestones, and time budgets
- Evaluate causative research on inventory discrepancies and stock denials for approved LBI’s and GBI’s
Qualifications for auditor
- During the planning of the audit, develops a budget and/or timeframe for how the audit will be completed
- Working knowledge of auditing principles and practices
- Some knowledge of fixed income and FX related products and processes
- Some knowledge of Canadian, US and UK regulatory requirements
- Works well independently, with others, and can multi-task
- Escalates issues and delays quickly
5
Auditor Job Description
Job Description Example
Our growing company is looking for an auditor. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for auditor
- Perform audit procedures for each branch, compliance, and departmental audit as assigned
- Participating in opportunities to improve Internal Audit department processes and procedures
- Conduct statistical inventory sampling on line items held in stock
- Conduct statistical sampling of location reconciliations noting any discrepancies recommending corrective action
- Leads audits/special reviews with respect to large and complex operations
- Prepares risk-based audits/reviews
- Empowers and challenges more junior staff to actively participate in the management of audits/reviews
- Prepares working papers for review by the Senior Auditor/Section Chief or the Chief of Service
- Develops and discusses findings, agrees on recommendations and timelines for corrective action with the responsible officer of operations audited and monitors the implementation status of agreed recommendations
- Drafts audit/assignment reports for Organization-wide consumption, including senior management and the General Assembly
Qualifications for auditor
- Travel approximately 25% -- principally to Toronto
- 1+ year of Audit experience (Finance and Operational)
- CIA, CPA or parts passed
- Prepares presentations using available technology tools
- Makes presentations of audit results to senior management of IAD and senior management of operations audited
- Monitors the status of audit recommendations