Auditor Job Description

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Auditor Job Description

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Accounting

Job summary 1

An Auditor is responsible for assisting in the execution of financial, compliance, and operational audits including the evaluation of internal controls. Audits the activity of various departments and providers for compliance with plans, policies, and procedures prescribed by management. Reviews assigned portions of audit programs, determine compliance with policies and procedures, recommends corrective action plans, and prepares/submit reports on the results of audits.

Duties & Responsibilities 1

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Conducts audits of the financial, management, and administrative procedures of assigned divisions, providers, departments, and various lines of businesses throughout the organization to ensure that procedures are in compliance. Audits include interviewing key personnel, conducting testing, evaluating internal controls, analyzing existing financial and management practices to determine effectiveness, and reviewing relevant documentation to support findings.
- Develop detailed reports on each audit conducted. Reports include a review of findings and an identification of recommendations to correct any deficiencies and methods for improvement to processes. Conducts testing of corrective actions as identified.
- Conducts special audit studies for management, such as those required to discover controls for the prevention of fraud. Prepares reports of finding and recommendations for management.
- Assists other auditors in completing their assignments as a means of maximizing audit efficiency and thus reducing lost time and involvement of corporate personnel.

Requirements & Skills 1

Job summary 2

Under the direction of the Audit Manager, the Auditor is responsible for performing audit activities designed to assess the adequacy of the internal controls, records, policies, procedures, and processes in place at the company.

Duties & Responsibilities 2

Performs audits of moderately complex areas and processes, including regulatory compliance audits, requiring the application of specialized knowledge gained through experience or specific study.
Working in conjunction with the Audit Manager, summarizes audit results and participates in communicating audit results (both written and verbal) to the appropriate level of management.
- Conducts special reviews, projects, and investigations as requested by the Audit Manager.
- Makes recommendations to Internal Audit management concerning improvements to audit policies and procedures.
- Performs other duties as necessary.

Requirements & Skills 2

Computer spreadsheet, database, and audit software literacy.
Analytical skills; ability to define problems, collect data, establish facts, and draw valid conclusions.
Strong written and verbal communication.
Proficiency in the application of internal audit theory, standards, procedures, and techniques.
Proficiency in accounting principles and techniques.
- BS in Accounting or related business field required.
- CPA or CIA certification preferred.
- Requires working knowledge of financial institution audit practices and systems acquired through three to five years of progressive internal audit experience, preferably in a financial institution or accounting firm setting.

Job summary 3

We are seeking a highly motivated Auditor to join our team. The Auditor is responsible for completing financial and compliance audits of clients' programs to ensure compliance with federal and state regulations as well as applicable policies and procedures.

Duties & Responsibilities 3

Under general supervision conducts financial and compliance audits of client's programs and departments published in the annual internal audit plan
Examines financial records and documentation to prepare testing work papers
Performs detailed examinations of audit documentation

Requirements & Skills 3

Knowledge of U.S. GAAP (Generally Accepted Accounting Principles)
Knowledge of auditing standards, including the GAO's Generally Accepted Government Auditing Standards (Yellow Book), and the IIA's International Standards for the Professional Practice of Internal Auditing (Red Book)
Ability to interpret and apply Federal, State, and local laws, rules, and regulations, as well as department policies and procedures
Ability to work, interact, and work well with others
Efficiency in using Microsoft Office and Google products
Effective oral and written communication skills
- Bachelor's degree from an accredited institution in Accounting, Finance, or another closely related field is required
- Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), or other applicable professional certification is preferred but not required
- 0-1 year of internal audit or equivalent experience

Job summary 4

Works under general direction, Auditor performs professional-level audit work individually or as a team leader; reviews goals, performance objectives, and impact of a variety of financial, operational, and compliance programs in conformance with company policies and procedures.

Duties & Responsibilities 4

Plans and conducts independent internal audits and reviews in support of the Company’s annual internal audit plan, including leading and participating in a wide variety of financial, operational, regulatory, and specialty audits.
Develops audit test programs and performs audit tests to evaluate the design and operating effectiveness of internal controls.
Utilizes data analysis software to perform statistical analyses of data.
Performs research to understand and summarize laws and regulations or other requirements and assesses if functions and programs being evaluated are in compliance.
Prepares audit findings and recommendations that clearly communicate risks, in terms of impact on the business and root cause, and key audit issues from a senior management and Audit Committee perspective.
Meets with clients/auditees to communicate audit results and recommendations.
- Provides periodic updates to management and the internal audit vice president and manager regarding the status of audits and other projects in process.
- Develops and maintains effective business relationships and partnerships with audited areas to ensure mutual understanding of audit scope, procedures, and reporting progress.
- Provides assistance and guidance to external auditors to ensure timely and efficient completion of their audits.

Requirements & Skills 4

Bachelor’s degree in accounting, finance, or a related field Certification such as a CIA, CPA, CMA, or CISA
Four years of progressively responsible experience in performance auditing in one or more of the following fields: Financial/Operational Accounting, External Auditing, and Information Systems Auditing.

Job summary 5

We are looking for an Auditor to direct our auditing process. We’ll rely on you to ensure that our financial operations and controls meet standards and are error-free. Our Auditor must be meticulous and analytical, with deep knowledge of auditing practices. We expect you to be reliable, with strong organizational skills, as well as expertise in risk management and compliance, including overseeing and directing compliant and accurate auditing processes; supervising and coaching staff auditors; ensuring the efficiency of internal controls.

Duties & Responsibilities 5

Plan and oversee the auditing process
Allocate responsibilities to staff auditors
Review team members’ work for accuracy and compliance
Perform effective risk and control assessments
- Complete audits on time and submit reports to the auditing manager
- Present audit findings and find ways to increase compliance and efficiency
- Coordinate periodical audits

Requirements & Skills 5

Proven experience as an auditor (3-5 years of Public Accounting Experience)
In-depth understanding of auditing and control practices
Updated knowledge of applicable laws and regulations
Proficient in MS Office (especially Excel) and accounting software
Strong mathematical and analytical skills
Attention to detail
- Organizational and leadership abilities
- Integrity and reliability
- Degree in Accounting or Finance; master’s degree and professional certification (e.g. CPA, CMA) are pluses

Job summary 6

An Auditor is responsible for the Internal Audit department by assisting in the identification of control deficiencies, designing remediation options, and suggesting additional areas of focus. Supports the strategic audit initiatives set by the annual internal audit plan.

Duties & Responsibilities 6

Lead and participate in the planning and execution of financial, operational and compliance audits to meet audit objectives.
Comply with the annual internal audit plan to conduct audits.
Complete audit documents and reports to identify issues.
Monitor the status and resolution of open audit issues and action plans.
Assist external auditors and regulators.
Participate in ad-hoc special projects and impromptu engagements.
- Participate in ad-hoc special projects and impromptu engagements.
- Coordinate responsibilities with the Internal Audit department back office resources.
- Facilitate changes and communication of accounting policies.

Requirements & Skills 6

Bachelor's degree in Accounting or Finance.
Relevant Work Experience
- At least 4 years of experience working in external audit via a public accounting firm.
- At least 4 years of experience working in transaction services/assurance services via a public accounting firm.
- At least 4 years of experience working in the internal audit department of a large multinational matrixed organization.

Job summary 7

The Auditor’s primary responsibility is to develop, prepare and conduct advanced auditing work for on-site and desk review compliance and financial audits. Duties include designing and performing risk analysis, auditing, investigating, and reviewing records, reports, financial statements, information systems, and management practices of organizations in order to ensure legal compliance with federal laws and rules and organizational policies and procedures.

Duties & Responsibilities 7

Develop and perform complex managerial and financial audits, reviews, or special assignments to assess program efficiency, effectiveness, accuracy, and compliance with statutory laws and other regulations and provisions.
Efficiently prepare and document with evidence in audit work papers the results of audit review, using correct formats, including source, purpose, conclusion, and results.
Oversee and/or prepare audit reports to provide technical advice on the requirements, liabilities, and penalties of compliance and non-compliance.
- Recommend and advise management regarding changes in business processes, information systems, and accounting or management procedures.
- Update existing and develop new audit programs based on requirements or needs.
- Perform related work as assigned.

Requirements & Skills 7

Job summary 8

The Auditor is responsible for performing individual internal audit projects, as part of the total internal audit plan. This responsibility includes developing the internal audit scope, performing internal audit procedures, and preparing internal audit reports reflecting the results of the work performed for management review. The Auditor learns to identify areas of risk and opportunities to improve efficiencies. Additionally, the Auditor may also assist Internal Audit management with continuous auditing activities, department administrative activities, and special projects.

Duties & Responsibilities 8

Requirements & Skills 8

BS/BA degree in Accounting, Business Administration, IS/IT, or related field
3 or more years of auditing experience. 3 or more years of financial services experience is strongly preferred
- CIA, CPA, CISA or other relevant audit or risk certification is strongly preferred
- Experience in creating process documentation, developing audit plans, and performing audits
- Knowledge of MS Word, Excel, Visio and PowerPoint; ACL and TeamMate a plus

Job summary 9

The Auditor coordinates and performs financial, operational, and regulatory audits in accordance with established department and professional audit standards. Determines the materiality of findings. Prepares work papers that support opinions presented in reports.

Duties & Responsibilities 9

Performs audits in accordance with professional audit standards, procedures, and guidelines, within the boundaries of individual assignments, and within specifications and time frames listed in the audit plan.
Participates in the risk assessment process.
Prepares and delivers verbal and written presentations to management detailing audit results.
- Evaluate the effectiveness of financial and operational controls using risk-based concepts. Uses audit engagements as opportunities to identify, review and test key business controls to assist management in meeting its objectives.
- Assists in the preparation of audit reports.
- Maintains professional expertise in audit best practices and in the technical areas of responsibility.

Requirements & Skills 9

Bachelor’s degree in accounting, finance, business, or another relevant discipline.
One (1) or more years of relevant experience, preferably in banking or the financial services industry; or an appropriate combination of education and experience.
Intermediate knowledge of the COSO framework, Generally Accepted Auditing Standards (GAAS), Generally Accepted Accounting Principles (GAAP), and other regulatory requirements for financial institutions.
Knowledge of data science, analytics, tools, and techniques.
Excellent organizational and time management skills, with the ability to manage workload and projects, prioritize competing commitments, and complete assignments in accordance with established deadlines.
Ability to work independently as well as collaboratively in a team environment.
- Strong attention to detail and customer service orientation.
- Excellent verbal, written, and interpersonal skills, with the ability to work effectively and build relationships with associates and management at all levels across the bank.
- Knowledge of Microsoft Office applications (Outlook, Word, PowerPoint, Excel, Access).

Job summary 10

We are recruiting an Auditor to join our team! In this role, you will protect assets by ensuring compliance with internal control procedures, and regulations.

Duties & Responsibilities 10

Ensure compliance with established internal control procedures by examining records, reports, operating practices, and documentation
Verify assets and liabilities by comparing items to documentation
Complete audit work papers by documenting audit tests and findings
Appraise the adequacy of internal control systems by completing audit questionnaires
Maintain internal control systems by updating audit programs and questionnaires; recommending new policies and procedures
- Communicate audit findings by preparing a final report; discussing findings with auditees
- Comply with federal, state, and local security legal requirements by studying existing and new security legislation; enforcing adherence to requirements; advising management on needed actions.
- Prepare special audit and control reports by collecting, analyzing, and summarizing operating information and trends

Requirements & Skills 10

Maintain professional and technical knowledge
Attend educational workshops; review professional publications; establish personal networks; participate in professional societies
Contribute to team effort by accomplishing related results as needed

Frequently asked questions

What are the 2 main duties of an auditor?

An auditor is responsible for conducting independent and objective evaluations of an organization's financial and operational systems, records, and performance. The two main duties of an auditor are:

Financial Auditing: This involves examining an organization's financial statements and records, such as balance sheets and income statements, to ensure that they are accurate and comply with accounting standards and regulations. Auditors will also look for any signs of fraud or mismanagement and ensure that financial statements are free of material misstatement.

Operational Auditing: This involves evaluating an organization's internal controls, processes, and procedures to ensure that they are effective and efficient. Auditors will look for ways to improve operations and identify any potential risks or areas for improvement. This includes assessing the internal control systems and identifying any weaknesses in order to provide recommendations for improvement.

In summary, an auditor's main duties are to examine the financial records, operations and internal controls of an organization and to identify any areas of inefficiency or non-compliance. Additionally, they provide recommendations for improvement in order to help the organization achieve its objectives.

What skills do you need to have to be an auditor?

To be an auditor, one typically needs a combination of technical, analytical, and interpersonal skills. Some key skills that are commonly required for this role include:

Technical skills: Knowledge of accounting and auditing principles and standards, as well as knowledge of accounting software and data analysis tools.

Analytical skills: The ability to analyze financial statements and data, identify patterns, and draw conclusions.

Attention to detail: The ability to pay close attention to detail and to ensure that financial records are accurate and complete.

Communication skills: Strong verbal and written communication skills to effectively communicate with clients and team members.

Problem-solving: The ability to identify and solve problems and to recommend solutions.

Time management: The ability to manage time effectively and to meet deadlines.

Interpersonal skills: The ability to work well with clients and team members, to build trust and establish positive relationships.

Ethical conduct: The ability to maintain the highest level of integrity and ethical standards.

Flexibility and adaptability: The ability to adapt to new clients and industries, and to work well under pressure.

Technical report writing: The ability to write technical reports that are clear, concise, and easy to understand.

Auditing software: The ability to navigate auditing software and use it to test and analyze data.

Risk management: The ability to identify and evaluate potential risks in the organization's operations and financial reporting.

Olivia Powell
Recruiting expert

Last updated Oct 14

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Auditor Job Description

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Frequently asked questions

What are the 2 main duties of an auditor?

What skills do you need to have to be an auditor?

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