Audit Job Description
Audit
provides guidance, recommendations and technical assistance to management regarding accounting procedures, business process improvements, audit compliance, consequences of non-compliance and risk.
Audit Duties & Responsibilities
To write an effective audit job description, begin by listing detailed duties, responsibilities and expectations. We have included audit job description templates that you can modify and use.
Sample responsibilities for this position include:
Auditing GAAP basis financial statements of mutual funds, closed-end funds, exchange-traded funds, real estate management funds and investment management companies
Assist the Sarbanes Oxley program lead auditor with documenting and testing various business and/or IT General Controls
Communicate with control owners across the Finance and/or IT groups to accomplish testing
Performing various tasks required to provide the requested information as part of the various audit process
Performing regularly scheduled routines
Supporting the entire IT team in an audit capacity
Proposing practical, innovative, and value-added remediation solutions to issues identified
Preparing reports of audit findings for the firm's senior management at local, global, functional and Group levels
Monitoring the results, risk profile and developments within Investment Bank IT and provide input for planning sessions
Contributing to periodic assessments of technology risk landscape across Investment Bank IT during the course of year to determine the need for further audit coverage
Audit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Audit
List any licenses or certifications required by the position: CPA, CISA, CIA, CISSP, CRMA, ACCA, PRM, FRM, II, RA
Education for Audit
Typically a job would require a certain level of education.
Employers hiring for the audit job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Business, Computer Science, Education, Business/Administration, Economics, Technology, Graduate, MBA
Skills for Audit
Desired skills for audit include:
U.S. Generally Accepted Accounting Principles and accounting procedures
GAAP
Accounting principles
Sarbanes-Oxley Act provisions and methodologies for achieving compliance
Excel
Work programs
Audit reports
Control summaries
GAAS
Audit methodologies and developing key internal audit deliverables
Desired experience for audit includes:
Professional certifications (e.g., CPA, CISA, CIA, ACA, ACCA) and/or an MBA along with demonstrated technical abilities in select areas (e.g., accounting, regulatory compliance, ) are preferred
Must have 3+ years administrative experience, within accounting or finance department preferred
Must have the ability to communicate effectively and tactfully with management and other levels of personnel
Determine risk assessment for each audit to determine scope of audit, specialists and resources required
Effective organisational and planning skills to meet tight deadlines flexibility to adapt to changing priorities
Solid technical IT infrastructure knowledge of at least three key infrastructure areas
Audit Examples
1
Audit Job Description
Job Description Example
Our company is hiring for an audit. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit
- Utilizing managerial, analytical, research and technical skills in order to perform an effective and efficient audit
- Consistent completion of audit deliverables within budget and time frame by effectively managing allocated associates and project resources
- Responsible for planning and executing basic to complex portions of the Risk & Control Services plan including audit activities and SOX/MAR compliance activities
- Lead a team of professional auditors responsible for performing full scope audits that encompass strategic, operational, regulatory compliance and financial processes, with efficiency and effectiveness, in accordance with professional audit standards
- Assist with the development and ongoing execution of the Continuous Monitoring program
- Plan, supervise and complete assurance engagements
- Supervise, train, mentor and evaluate staff accountants and seniors
- Develop expertise in their assigned areas
- Recognize opportunities to provide additional services to clients
- Supervise and manage audit services to our clients focused in the many facets of real estate
Qualifications for audit
- Minimum of five years of experience in a large organization, preferably in a financial institution, conducting IT focused audits and/or system implementation audits
- Financial accounting background/designation (CA, CPA) or Finance/Risk Management designation (CFA, FRM, PRM) would be an asset
- People management, coaching and development experience
- Previous Audit (Financial and Operational), Internal Controls/Reporting, and Policies & Procedures
- Middle market CPA firm experience
- 1 year of experience in audit or accounting/finance
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Audit Job Description
Job Description Example
Our company is hiring for an audit. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for audit
- Prepare audit reports that appropriately summarize the most significant control weaknesses and resulting impacts to the organization
- Conduct business and enterprise audits to evaluate controls, identify issues and prepare reports communicating key risks and recommended solutions
- Establish relationships with business and enterprise professionals at all levels
- Participate in firm initiatives providing real-time advice on new businesses, products and systems
- Manage and monitor performance of junior staff and assist in enhancing their skills
- Participate in firm and industry events that will enhance your skills and expand your knowledge
- Experience of leading and managing audit teams
- Have credibility to lead develop and motivate individuals
- Have an understanding of systems and risk based auditing
- Can think strategically about client needs
Qualifications for audit
- Must be bilingual in Portuguese (preferably) or Spanish
- Desireable
- 8+ years of experience at a CPA firm
- Audit experience with hedge funds, private equity funds, and other investment companies
- Experience in managing audits of Enterprise Risk Management, Capital Planning or Basel Advanced Systems
- Previous Audit (Financial) and Tax (Compliance
3
Audit Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of audit. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for audit
- Demonstrating a strong working knowledge and understanding of GAAP key auditing standards
- Supervise staff in the preparation of client financial statements and evaluate internal controls
- Review staff progress on engagements and mentor for long term growth
- Manage engagement time and billing
- Works with the bank to obtain and maintain outstanding and high CAMELS ratings in all areas
- Assists with bank and holding company regulatory and financial examinations and ensures that regulators and service providers receive information as needed
- Acts as a resource for all holding company and bank employees relative to regulatory and internal control procedures
- Provides supervision for all audit staff work assignments including audit work program and work paper review, development of audit findings through audit reporting and tracking of outstanding audit issues
- Assists Director of Internal Audit in completing annual audit risk assessment and revising the annual audit plan as necessary to ensure adequate internal audit coverage
- Liaises with GCM, GRM, CT and T&O to ensure agreement with content and methodology of audits, significant findings
Qualifications for audit
- Implement appropriate internal control framework including ensuring quarterly sign-off by process owners and provision of attestations to stakeholders as required
- Assisting in reinforcing the compliance with CIRC
- University majored in Accounting or related, ACCA/CPA or Audit experience FRM is a plus
- Fluently writing English
- Excellent people and inter-personal skills, strong project management skills
- BA/BS in Finance, Accounting or Information Systems
4
Audit Job Description
Job Description Example
Our growing company is looking to fill the role of audit. 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 audit
- Evaluate the adequacy and effectiveness of controls
- Assess the impact of financial, compliance, operational, strategic, customer and other significant risks
- Contribute to the evaluation of management controls established to mitigate identified risks by performing comprehensive control testing
- Develop audit programs and testing procedures
- Supervise and perform analysis of raw data and make sample selections
- Review and design audits related to new system development and implementation
- Prepare and ensure all documentation supporting reviews and audits is sufficient, clear, and concise
- Monitor team activities throughout the audit process including planning, workpaper development, fieldwork, and audit wrap
- Present observations and recommendations to all levels of management
- Prepare draft and final reports for all reviews and audits
Qualifications for audit
- Relevant Internal or External Audit Experience in the IT environment
- At least 1-2 experience in public accounting
- Audit experience, at various levels
- Part qualified or qualified accountants
- Experience auditing large companies
- Assist with conducting the SOX internal controls testing in the various business cycles in the company including fixed assets, treasury, expenditures, payroll
5
Audit Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of audit. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for audit
- Manages a team of exempt individual contributors for sub-region or region by setting and monitoring performance goals and objectives, staffing programs and project teams, and ensuring timely and effective delivery of audit reviews and programs
- Leads audit teams in defining program parameters
- Motivates, coaches, and fosters innovation within teams
- Manages and performs risk assessments, defines project scope, prioritizes initiatives and determines resource needs
- Interprets significance of audit findings, resolves complex issues
- Contributes to audit strategies
- Communicates and consults with business managers and advises management in the successful implementation of audit recommendations, while effectively overseeing the entire audit process
- Represents HP to internal and external stakeholders, such as management and external auditors on all audit matters
- Manages multiple complex projects or initiatives
- Manages the internal audit function for countries, or for business lines in a larger geography
Qualifications for audit
- Bachelor's degree- Administration, Accounting, or Finance is preferred
- Certification or certification candidate (CPA, CIA)
- Experience or ability to perform Data Analysis
- Ability to work with all levels of team members
- Global Trade and Receivable Finance audit Skills
- Active Louisiana CPA license is required