Senior Auditor, Internal Job Description
Senior Auditor, Internal Duties & Responsibilities
To write an effective senior auditor, internal job description, begin by listing detailed duties, responsibilities and expectations. We have included senior auditor, internal job description templates that you can modify and use.
Sample responsibilities for this position include:
Senior Auditor, Internal Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Auditor, Internal
List any licenses or certifications required by the position: CPA, CIA, CISA, CFE, CA, CMA, MBA, PMP, CISSP, CISM
Education for Senior Auditor, Internal
Typically a job would require a certain level of education.
Employers hiring for the senior auditor, internal job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Business/Administration, Education, Computer Science, Auditing, MBA, Economics, Management Information Systems
Skills for Senior Auditor, Internal
Desired skills for senior auditor, internal include:
Desired experience for senior auditor, internal includes:
Senior Auditor, Internal Examples
Senior Auditor, Internal Job Description
- Oversee risk assessments, trusts and Accounts Payable function
- Participate in engagements concerning investments, bonds, and commodities
- Work closely with external auditors to coordinate fieldwork and controls testing and ensure maximum reliance can be placed on the work performed by Internal Audit
- Execute assigned sections of internal audits (typically revenue generating areas)
- Identify financial statement errors and internal control improvement opportunities and develop meaningful recommendations for improvement
- Review test work performed by business process owners
- Assist external auditors with interim/year end audits
- Perform internal audit reviews, including the development of detailed audit plans, programs and/or documentation
- Develop and demonstrate an understanding of the business, its processes and operations
- Scope, plan, and conduct risk-based financial, operational, and compliance internal audit reviews, including writing of work programs, performing detailed audit planning, executing testing procedures, and documenting results
- Assist in SOX 404 compliance program by performing process documentation maintenance and test of controls
- Ability to travel to offsite audit locations (domestic and international)
- Document audit work performed in accordance with the Department’ standards
- Develop audit findings that include practical recommendations for improvements to policies, procedures and processes
- Prepare audit reports and presentations, communicate issues and proposed solutions to management, and agree on management action plans
- Follow up with management on audit findings and action plans to ensure timely implementation and completion
Senior Auditor, Internal Job Description
- Be Responsible for assigned areas of the company to conduct risk assessments
- Direct, advise and instruct staff assistants and review their work for neatness, accuracy, completeness, and adherence to program and audit techniques employed
- Appraise evidentiary data as a basis for an informed, objective opinion of the adequacy and effectiveness of the system of internal controls and efficiency of performance of the activities being reviewed
- Draft written audit report to management stating findings and recommendations in regard to systems, procedures, internal controls and other appropriate matters
- Assess operating effectiveness of internal controls as part of Sarbanes-Oxley compliance
- Promote high levels of ethical awareness and conduct across the company
- Develop and document an understanding of multiple company accounting systems
- Present findings in a concise, logical manner
- Ad-hoc reviews / projects
- Performing audits of assigned functions including financial, operational and information technology audits
- Experience using CAATs such as ACL preferred
- Auditing and the Code of Ethics developed by The Institute of Internal Auditors
- 4+ years of experience from public or industry audit
- Developing the planning memo and audit program for each audit project and completing fieldwork and work paper documentation
- Making oral presentations of audit findings to management and periodically to senior management
- Assist internal audit management with the preparation of reports to be distributed to the Audit Committee of the Board of Directors
Senior Auditor, Internal Job Description
- Support the company values and mission by promulgating a consistent and structured approach to assessing /mitigating financial and operational risks
- Evaluating the inherent and residual risks of the audit universe and within audits
- Determining the scope and develop programs for audit and special projects
- Assisting in the preparation of the annual audit plan
- Establishing strong communication lines with executive management in the office
- Establishing solid communication lines with the regulators
- Ensuring that all deficiencies identified in the audit process are corrected
- Oversee risk and control identification
- Complete process mapping, audit test design and execution
- Prepare supporting work papers and summarize results
- Strong SOX experience
- A bachelor’s degree in accounting or finance, or bachelor’s degree in another field with relevant work experience
- A graduate degree in business administration, public administration or a related field, or a second certification
- A plus to have at least one of the following certifications
- In-depth knowledge of business processes, process controls and risks, and understand how this relates to relevant audit procedures
- 2+ years of experience in Corporate Audit, Business Process Consulting and/or Public Accounting
Senior Auditor, Internal Job Description
- Performing internal audit procedures
- Preparing internal audit reports reflecting the results of the work performed
- Assisting Internal Audit Management with periodic reporting to the audit committee
- Perform assigned duties in an effort to ensure timely completion of work and maintenance of established performance standards
- Enjoy career opportunities based on performance
- Gain exposure to senior managementwhile working on audits of strategic value to the firm
- Lead or participate in all aspects of full audit examination assignments with minimal level of managerial guidance
- Render/extract reports from available financial systems and/or data repositories to support assigned audit engagements
- Develop issue based reports focused on emergent engagement points, summarize findings and recommendations and ensure all observations are adequately supported and communicated in a clear and concise manner
- Support the site and organizational objectives by developing accurate, meaningful and complete audit mechanisms & reporting structures, to facilitate effective planning and execution of audit engagements in a timely fashion, without undue disruption to normal operational workflow
- Knowledge of internal auditing standards, COSO risk assessment practices, and financial reporting
- Four or more years of public accounting/audit experience performing Financial Statement and SOX audit work
- A working knowledge of basic information technology risks and control concepts
- 2-4 years of Big 4 or Big 8 Experience
- Audit, Process Flow knowledge/background
- Significant experience in internal/external audit, process improvement, finance, accounting or operations
Senior Auditor, Internal Job Description
- Staying abreast of company and external policies and procedures
- Staying abreast of new legislation and regulatory requirements, and communicating their impact on the company to management
- Where appropriate recommends either changes to or new systems and procedures to strengthen AOI internal controls
- Planning the audit engagement by documenting the planning process
- Identifying and documenting risks and control issues and findings timely
- Producing work paper documentation that is clear and concise
- Effectively leading interviews/meetings to ensure relevant information is obtained for analysis
- Working under moderate supervision to execute audit procedures and updating Audit Management at appropriate times
- Proposing solutions and recommendations to Audit Management when obstacles or problems are encountered throughout the audit
- Managing time to meet established deadlines, milestones, and time budgets
- 4-6 years of finance, accounting and/or audit role
- Ability to interview colleagues and third parties, at all levels of the organizations, on sensitive and confidential matters, as part of investigations
- Must have the ability to handle multiple tasks in a fast-paced environment
- Demonstrable experience functioning well in different cultures and societies
- Must have excellent judgment and good administrative and organizational skills
- Periodic travel (up to 40% including international travel)