Auditor Job Description
Auditor Duties & Responsibilities
To write an effective auditor job description, begin by listing detailed duties, responsibilities and expectations. We have included auditor job description templates that you can modify and use.
Sample responsibilities for this position include:
Auditor Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Auditor
List any licenses or certifications required by the position: CPA, CIA, CISA, CFE, CAMS, CA, MANAGEMENT, FINANCIAL, CMA, CFA
Education for Auditor
Typically a job would require a certain level of education.
Employers hiring for the auditor 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, Education, Auditing, Business/Administration, Public Administration, Business Law, Engineering, Business, Performance
Skills for Auditor
Desired skills for auditor include:
Desired experience for auditor includes:
Auditor Examples
Auditor Job Description
- Participate and lead discussions with business partners and maintain an understanding of best practices within the capital markets area
- Effectively execute test procedures with moderate oversight from the Manager / Supervisor
- Effectively executing test procedures with moderate oversight from the Manager / Supervisor
- Ensure requisitions to replenish stocks, obtain substitutes, and acquire new products are in accordance with established orders/procedures
- Documents, evaluates, and test systems and controls to determine their adequacy and effectiveness, ensuring (i) compliance with policies and procedures, (ii) accomplishment of management's objectives, (iii) reliability and integrity of information, (iv) economical use of resources, and (v) safeguarding of assets
- Identify internal control deficiencies and assessments of internal controls based upon analysis of the audit evidence prepared
- Assist with planning of audits
- Perform compliance testing and budget projections
- Prepare trial balances
- Assisting Senior Management as needed
- Strong analytical skills, attention to detail strong written and verbal communication
- The ideal candidate is a motivated, detail-oriented self-starter with the ability to multitask within a fast-paced environment
- Professional certification (CPA, CIA, CFE, ) preferred
- A first degree in mathematics, physics, engineering, finance or econometrics and ideally a Masters or PhD in one of those areas or finance
- Assists in developing audit plans, programs and specific tests to evaluate control areas
- Analyzes findings and test results and arrives at sound fact-based conclusions and appropriate recommendations for problem areas noted
Auditor Job Description
- Participate in annual risk assessment activities
- Attend audit entrance and exit conferences and participate as appropriate for work assigned
- Assist in documenting processes and sub-processes in the form of walkthroughs, narratives, and flow charts for audit areas in scope
- Interact with clients to help validate the information/communication flow to the audit team is efficient and effective
- Use available technical resources and tools
- Sound knowledge and experience in performing excellent risk-focused fieldwork that complies with the firm's policies and methodologies to identify key challenges and exposures
- Depending on the position's objectives, the candidate may be specialised on certain aspect of financial services
- Assemble work-papers and present audit findings to management for review
- Contribute to the completion of the overall audit process, including the execution of the annual audit plan
- Assess inherent risks associated with key processes and the controls designed to mitigate those risks
- Confident presentation and facilitation skills and strong interpersonal and leadership skills to facilitate working with auditees and senior management at all levels
- Internal/external audit experience or other audit experience is preferred
- Ability to travel 10 to 12 weeks during the year
- The successful candidate will have 3 years audit experience, or preferably 3-6 years experience in relevant specialty roles
- 1-2 years of experience in audit, SOX testing, or compliance-related field
- Professional certification (CPA, CIA, CFE, ) or advanced degree required
Auditor Job Description
- Prepare and present findings and recommendations to management
- Exposure to Investment Banking clients and knowledge of capital markets processing, with demonstrable experience of IT auditing in an Investment Banking context , audits of automated business controls
- Able to multi-task assignments and prioritise workload, delivering to deadlines with limited supervision and showing resilience under pressure
- Identify audit objectives
- Plan scope of assigned audits as directed
- Assist with assessing risks and recommending changes to improve operations or strengthen business controls and negotiate solutions or corrective action
- Assist in attaining department's annual performance goals
- Represent the department as a business partner
- Assist with plant audit projects as assigned, such as annual financial review with external auditors
- Perform an appropriate level of testing based on the scope and risk, without over or under auditing
- Partial or full CPA qualification preferred
- Fluency in Latin American or Asian foreign language strongly preferred (written and verbal)
- Bachelor’s degree with concentration in accounting or finance
- CPA, CIA, CISA, CFSA or other relevant certification is desired
- Prior experience working with a financial institution is preferred
- Functions in various roles on audit engagements, including leading audits, executing audits and providing oversight functions based on the needs of the team
Auditor Job Description
- Review notes should not be excessive
- Manage time (by keeping abreast of audit status and hours incurred) to meet established deadlines, milestones, and time budgets
- Assist in determining conclusions and evaluate findings
- Collaborate with other auditors and project teams
- Up to 10% domestic/international travel during the fiscal year
- Conduct audit planning and closing meetings with Internal Audit and relevant Department Management
- Performing an appropriate level of testing based on the scope and risk, without over or under auditing
- Producing work paper documentation that is clear and concise, providing adequate detail of work performed and conclusions reached, and meeting IAD and professional standards
- Managing time (by keeping abreast of audit status and hours incurred) to meet established deadlines, milestones, and time budgets
- Evaluate causative research on inventory discrepancies and stock denials for approved LBI’s and GBI’s
- During the planning of the audit, develops a budget and/or timeframe for how the audit will be completed
- Working knowledge of auditing principles and practices
- Some knowledge of fixed income and FX related products and processes
- Some knowledge of Canadian, US and UK regulatory requirements
- Works well independently, with others, and can multi-task
- Escalates issues and delays quickly
Auditor Job Description
- Perform audit procedures for each branch, compliance, and departmental audit as assigned
- Participating in opportunities to improve Internal Audit department processes and procedures
- Conduct statistical inventory sampling on line items held in stock
- Conduct statistical sampling of location reconciliations noting any discrepancies recommending corrective action
- Leads audits/special reviews with respect to large and complex operations
- Prepares risk-based audits/reviews
- Empowers and challenges more junior staff to actively participate in the management of audits/reviews
- Prepares working papers for review by the Senior Auditor/Section Chief or the Chief of Service
- Develops and discusses findings, agrees on recommendations and timelines for corrective action with the responsible officer of operations audited and monitors the implementation status of agreed recommendations
- Drafts audit/assignment reports for Organization-wide consumption, including senior management and the General Assembly
- Travel approximately 25% -- principally to Toronto
- 1+ year of Audit experience (Finance and Operational)
- CIA, CPA or parts passed
- Prepares presentations using available technology tools
- Makes presentations of audit results to senior management of IAD and senior management of operations audited
- Monitors the status of audit recommendations