Audit Associate Job Description
Audit associate
provides oversight and guidance to ensure that the organization’s accounting procedures and documentation comply with acceptable standards of accounting and provide accurate and meaningful disclosure of accounting policy and financial information.
Audit Associate Duties & Responsibilities
To write an effective audit associate job description, begin by listing detailed duties, responsibilities and expectations. We have included audit associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Identify and communicate accounting and auditing matters to senior associates
Prepare audit programs and execute comprehensive audits
Supervise day-to-day staff activities
Participate in audit planning, progress, and wrap-up meetings
Recommend corrective actions or business resolutions, if required, and follow up on implementation
Prepare/Review audit work papers that evidence completion of audit and form an adequate basis for the audit report
Prepare drafts of audit reports
Participating in planning the scope of audits and preparation of audit programs
Conducting assigned audits
Preparing risk control matrices
Audit Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Audit Associate
List any licenses or certifications required by the position: CPA, CISA, CISSP, CIA, CISM
Education for Audit Associate
Typically a job would require a certain level of education.
Employers hiring for the audit associate 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, Taxation, Education, Business/Administration, Business, Public Accounting, Economics, Internships, Information Technology
Skills for Audit Associate
Desired skills for audit associate include:
U.S. Generally Accepted Accounting Principles and accounting procedures
Procedures and standards
GAAP and GAAS rules
Industry-specific accounting literature
Accounting principles
Completing all related forms
Auditing
Excel
Federal Government’s financial and management responsibilities
Selected specialty practice
Desired experience for audit associate includes:
Participating in audit progress and wrap-up meetings
Preparing draft audit reports to fully and completely report critical information in a professional manner
Following up on open issues and verify implementation of management actions
Preparation of annual audit plans/risk assessments
Communication of audit plans with department heads
Preparation of Audit Committee materials
Audit Associate Examples
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Audit Associate Job Description
Job Description Example
Our innovative and growing company is looking for an audit associate. 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 associate
- Maintain all files in a neat, organized manner while keeping with Sarbanes-Oxley (SOX) compliance standards
- Maintain good communication with branch, district and regional management
- Protect confidential information and data
- 2+ years of exposure to sales audit, banking or similar accounting functions in a professional environment
- Managing and executing the full life cycle of an audit from planning to audit close
- Writing clear, concise, non-technical and persuasive risk evaluation report
- Interacting with Senior leadership and staff at all levels
- Oversee repairs of technical systems (POS)
- The Associate provides a variety of project support involving finance, business processes, and technology form a risk management and management consulting standpoint
- Each Associate will provide support to projects ranging from process improvement and strategic alignment to technology security
Qualifications for audit associate
- 2-4 years of public audit accounting experience, preferably in commercial, for-profit industries such as manufacturing, distribution, retail, construction/real estate and technology
- Eligibility for applicable certification like CISA or CIA
- Ability to travel to client sites that may also require infrequent overnight travel
- Bachelor's degree in Accounting, Finance or Business Management and/ specialty area is required
- Ability to travel if needed and must be a U.S. citizen and (or) able to secure a security clearance
- Bachelor’s degree in Accounting with 150 credit hours earned upon graduation
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Audit Associate Job Description
Job Description Example
Our company is looking to fill the role of audit associate. 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 audit associate
- Work with audit team to identify client issues discovered during audit process
- Assist in the research and analysis of financial statements and audit issues utilizing electronic databases, and employ audit software to review and compile financial information
- Processing of new agent/agency contracting packets to ensure compliance with CMS rules/regulations
- Processing of maintenance packets for both agents and agencies to ensure compliance with CMS rules/regulations
- Review and Validation of National Medicare Training Certificates
- Activation of new agents and agencies
- Processing of terminations (Both for-cause and not for-cause)
- Communication with topline broker agencies and markets to validate contracting and certification information for agents and agencies
- Proactively communicate with appropriate management regarding work status, schedule requests, and time/budget variances
- Maintain professional standards of the firm and client confidentiality
Qualifications for audit associate
- CPA-eligible highly desired (Non profit experience is highly desired)
- 0 – 3 years of related work experience or public audit experience preferred
- Ability to travel to client sites is required
- Integrity, Intellectual Strength & Agility, Energy, Passion, Curiosity, Humility
- Prior experience servicing nonprofit clients preferred
- Bachelor degree in accounting, information technology or finance
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Audit Associate Job Description
Job Description Example
Our company is growing rapidly and is looking for an audit associate. 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 associate
- Perform data collection and analysis in compliance with audit program requirements to identify, analyze and recommend changes to core business processes
- Identify, review, assess and document risk management and control issues of assigned business processes
- Assist with the preparation of written recommendations regarding the effectiveness of assigned business processes
- Schedule all counting activities, recount activities and coordinate with department supervisors on investigations and corrective actions needed to improve the inventory accuracy
- Entry of cycle counts into the inventory system, recording results and reporting monthly accuracies by area
- Entry of all material adjustments and tracking and monitoring these activities
- Able to work with minimal supervision on tasks encompassing Cycle counting activities
- Systematic transactions as related to inventory and cycle counting, investigation of
- Managing, understanding and assisting with planning multiple audit assignments in small businesses, not-for-profit and high net worth individuals,trusts and estates
- Serves the needs of the client by participating in the planning and execution of audits, reviews, and compilations, in additional to any other client needs
Qualifications for audit associate
- Minimum 1 year of current experience in a similar function or practice with a Big 4/regional firm or relevant experience in industry
- ProSystem Engagement experience a plus
- Associate positions require a bachelor's or master's degree in accounting
- CPA or progress towards CPA strongly preferred
- BA, BS or Masters degree in Accounting required
- Attend walkthrough meetings and document narratives/flowcharts
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Audit Associate Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of audit associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit associate
- Lead interviews of process owners to develop understanding of business processes and the client’s business
- Contributing to the development of QRGs, training materials and templates supporting Audit Methodology
- Governance and maintenance of IAA Department Policies and Procedures
- Supporting training initiatives, including delivering training to the Audit Department, if needed
- Engaging with the Audit teams and other groups within the Professional Practices team
- Supporting other ad-hoc activities related to the Audit Methodology, such as process improvement Projects and maintenance of applicable Methodology related project management tools
- The Premium Audit Associate will shadow the various positions within the department to obtain an overall understanding of the department’s functions
- The Premium Audit Associate will be responsible for studying premium audit training materials provided through PAAS/ISO
- Data management of the audit build/assignment process
- After an initial training period, the associate will begin reviewing phone audit worksheets including quality analysis and rating preparation
Qualifications for audit associate
- Prefer earned CPA, CISA, CISSP, CSM or CIA
- Complete the audit tasks that are assigned
- Undergraduate or graduate degree in management information systems, engineering or a technology field is preferred
- Professional certifications such as CISM, CISSP, CISA
- Ability to spend 70% of their time in Topeka, KS
- ERM experience
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Audit Associate Job Description
Job Description Example
Our company is looking to fill the role of audit associate. 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 associate
- Build knowledge of client’s mission, processes, risks, IT environments, controls
- Gain exposure to various areas / workstreams
- Produce High quality work products - Documentation must be performed in a manner that will allow another qualified individual with no connection to the work to follow the thought process and come to the same conclusion
- All documentation should tell the story of the objectives, risks, controls, design, testing procedures, testing output, and results (answer the who, what, where, when, why, and how questions)
- Leverage PY work and Specific Control Evaluations (SCEs)
- Tailor generic templates for the control being tested
- Adequately document the design of the process / control activities
- Align the testing procedures with the design, these are in the SCE, but may need to be modified
- Clearly document testing output and documented in narrative or using tick marks (for tests that are related to samples)
- Clearly document the conclusions and make sure conclusions are concise
Qualifications for audit associate
- Performing integrated application audits
- 2-3 years of previous work experience in a similar environment
- Knowledge and experience with Sales Audit systems
- Excellent analytical and communications skills with the ability to interact with all levels of the organization
- Being part of multiple engagement teams and preparing end-of-engagement evaluations for staff
- Certification (CISA, CFE, CRMA)