Audit Manager Job Description
Audit Manager Duties & Responsibilities
To write an effective audit manager job description, begin by listing detailed duties, responsibilities and expectations. We have included audit manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Audit Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Audit Manager
List any licenses or certifications required by the position: CPA, CIA, CISA, CRCM, CFA, CFE, CAMS, CPE, CPCU
Education for Audit Manager
Typically a job would require a certain level of education.
Employers hiring for the audit manager 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, Business, MBA, Education, Accountancy, Taxation, Graduate, Business/Administration, Auditing
Skills for Audit Manager
Desired skills for audit manager include:
Desired experience for audit manager includes:
Audit Manager Examples
Audit Manager Job Description
- Determine if the control environment adequately mitigates the risk in conformance with professional and department standards, budgets, and timelines
- Participate in business development efforts to include working collaboratively with Senior Managers, Partners, and Marketing
- Execute continous risk monitoring and meet and advise business management of audit insights and ongoing issues
- Execute continuous risk monitoring and meet and advise business management of audit insights and ongoing issues
- Presenting business partners with value-added recommendations to improve their systems of internal control, generating report-ready draft audit reports, and demonstrating appropriate influence and credible challenge when necessary
- Review business tax returns and tax accruals/ provisions where appropriate
- Manage a diverse portfolio of engagements across multiple lines of business and build relationships with senior management
- Demonstrate knowledge of financial and operational internal control methodologies and terminologies
- Servicing a portfolio of key clients and successfully developing service offerings to meet demands
- Working with other departments
- 6+ years of experience with all phases of the Audit cycle
- Experience with Risk Assessment, Planning, and Fieldwork and Reporting
- Professional Audit certifications - preferred
- Audit experience in financial services
- 8+ years’ experience of auditing Municipalities and School Districts preferred, demonstrating a progression of complexity, scope and number of engagements managed
- Be part of a team of professional auditors responsible for all aspects of an audit
Audit Manager Job Description
- Implement procedures that affects areas of the company outside their own functional area
- Assist staff members in defining performance objectives and standards that are acceptable and support the goals and strategies of the department, and the staff member’s long-term growth
- Manage special projects including but not limited to fraud, business development, mergers and acquisitions
- Ensure that the associated risk profile stays current
- Responsible for or assist with the planning, scoping and managing of audits
- Liaison with other team members and global and regional audit management during the audit
- Raise, draft and clear audit observations
- Designing and executing of tests of controls, documenting audit work
- Drafting the audit report and facilitate the validation and closing meetings with divisional personnel
- Monitor the activities of the audit team to ensure that all work is delivered to a high standard
- Healthcare audit experience required, specifically nursing homes, assisted living and CCRC
- Extensive Nonprofit Audit experience
- Experience in Bio Tech and/or technology clients helpful
- Minimum of 5 years audit experience in public accounting, professional services firms or the equivalent is required
- Accounting, Financial or Audit designation (CA
- Minimum of 5 years related experience in public accounting or relevant corporate experience
Audit Manager Job Description
- Provide value added advice to the business
- Remaining current on regulatory rules and changes within the industry that may impact the asset management business or its audit plan
- Participating in strategic analysis and annual/dynamic audit planning activities
- Ensure audit work is documented in accordance with industry / WFAS standards and fully supports conclusions and overall opinion through 1st / 2nd level reviews
- Maintaining the audit schedule, including resource deployment and management across scheduled activities
- Managing and developing auditors assigned to engagement projects under your supervision, including engagement performance feedback designed to further strengthen and develop auditor skill sets
- Providing formal/informal mentoring and other feedback to supplement performance feedback to further position audit staff for growth and advancement
- Assist with credit policies and procedures
- Complete various financial reports
- Manage the staff and assume the role as mentor to coach the staff on various audit and accounting technical issues
- Demonstrate an understanding of professional and industry standards and practices
- 6+ years of audit experience in public accounting, or related field
- Real estate audit expertise highly preferred
- 5-8 years’ experience in external & internal audit combined
- 5 years' experience in a large practice audit team environment (Big 4/Top 10 advantageous but not essential)
- Minimum 5+ years of audit experience in public accounting with a focus in health care preferred, but not required
Audit Manager Job Description
- Effect change by assisting business management to develop appropriate action plans to address identified deficiencies, and ensure corrective actions are implemented in a timely manner to effectively and sustainably address the root cause of the issues
- Hold meetings with key personnel
- Overseeing the efforts of multiple client engagements
- Managing firm risk on audits and proposals
- Managing, training, and assessing performance of staff members
- Manage ongoing communication and reporting process with the client and senior management
- Acts as audit liaison with our third-party audit services firm and works directly with regulators during annual exams
- Completes Audit Risk Assessment and works directly with third-party audit services firm to establish the annual audit plan
- Represents Audit on organizational project teams and provides consulting services to management and staff
- Follows up on audit findings from audits conducted by third-party audit services firm, external auditors, and regulators
- 5+ years of recent work experience within a Public Accounting firm or other industries, such as Middle-Market or Asset Management (including hedge and private equity funds), Real Estate, Employee Benefits, Government or Nonprofit organizations
- 3-5 years of experience in a publicly traded company
- Must have active CPA
- Intermediate knowledge of training best practices and effective facilitation tools and techniques
- Previous Audit experience is an asset
- Demonstrated time management and organizational skills to meet tight deadlines flexibility to adapt to changing priorities that are in alignment with Audit goals
Audit Manager Job Description
- Work with business to develop and implement continuous assurance processes and assist in coordination of audit activities with bank regulators and external auditors
- Reviewing business tax returns and tax accruals/ provisions where appropriate
- Help global audit customers to achieve their business objectives by executing audits
- Demonstrate a good understanding of Capital Markets and Group Risk Management products, practices, and underlying business risks
- In regular contact with audit clients to understand business developments and emerging risk and control issues
- Conduct internal audits and ad-hoc consulting projects
- Perform and document audit activities utilizing a comprehensive audit approach
- Evaluate risks and develop audit plans and audit programs
- Lead and perform all phases of audits
- Analyze and evaluate audit findings and complex issues
- IFRS knowledge is a plus
- Managed engagements of 4 or more people
- Disclosure statement review
- Public and private company auditing experience
- Computer skills, including advanced knowledge of Microsoft software (Word, Excel, Access
- PowerPoint, Outlook) and the PC/LAN/Internet environment required