Senior, Internal Audit Job Description
Senior, Internal Audit Duties & Responsibilities
To write an effective senior, internal audit job description, begin by listing detailed duties, responsibilities and expectations. We have included senior, internal audit job description templates that you can modify and use.
Sample responsibilities for this position include:
Senior, Internal Audit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior, Internal Audit
List any licenses or certifications required by the position: CPA, CIA, CISA, CA, CFE, CMA, CISSP, CISM, CCIM, PMP
Education for Senior, Internal Audit
Typically a job would require a certain level of education.
Employers hiring for the senior, internal audit 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, Business/Administration, Information Systems, Economics, MBA, Communication, Accountancy, Auditing
Skills for Senior, Internal Audit
Desired skills for senior, internal audit include:
Desired experience for senior, internal audit includes:
Senior, Internal Audit Examples
Senior, Internal Audit Job Description
- Perform on-site audit work including conduct meetings with stakeholders, review supporting documentation, identify/document/ communicate findings, and draft working papers and other audit related deliverables
- Review, test and report on CCAR/FBO/IHC results and documentation related to the Finance processes for conformance with policies other various requirements
- Develop appropriate working paper evidence, audit reporting documentation other audit related documentation
- Work with businesses to develop and implement continuous assurance processes
- Plan, lead and conduct country, US program and functional audits, special reviews and investigations
- Draft audit reports that include conclusions and recommendations to correct identified deficiencies and review with appropriate location/function management
- Ensure adherence to the Institute of Internal Auditors professional standards
- Assist the Senior Director, Internal Audit in developing annual audit plans that addresses significant risks of the organization
- Assist the Senior Director, Internal Audit in continuously improving the audit process through new tools and techniques
- Responsible for providing status updates to all levels of leadership for the audit area and within Internal Audit, communicating observations timely and effectively assessing the risk/impact of observations
- Will hold a recognised accountancy qualification, ACA, ACCA, CIMA or be a ‘Certified Internal Auditor’
- 3+ year's experience in either internal or external audit within practice although non practice background will be considered
- Follow up on the implementation of action plans
- Develop and maintain relationships with multiple stakeholders
- Develop and enhance the skills of Internal Audit personnel
- Works collaboratively with audit team, business stakeholders and contract staff
Senior, Internal Audit Job Description
- Interface with the company’s management and to ensure that processes and internal controls are effective in managing operational, financial, regulatory, and business risks
- Analyze and aggregate SOX issues and advance when necessary
- Draft and ensure completion of audit programs, questionnaires
- Followup on prior audit findings and work with issue owners to ensure timely completion
- Review operational structure for maximum efficiency and effectiveness
- Work collaboratively with internal and external subject matter experts
- Assist on departmental initiatives/projects as needed
- Key skills and abilities include project management, influencing, facilitation, process development, analysis, and problem solving
- Lead M&A due diligence reviews
- Lead reviews to ensure compliance with SOX (302 and 404)
- Develop an understanding of the business relationships across the business
- Understanding of business and IT process
- Specific technology industry experience
- Good understanding of corporate organizations and their governance, risk management and controls practices
- Consistently demonstrates a proactive approach
- Demonstrate effective management and leadership of teams
Senior, Internal Audit Job Description
- Check and control compliance with procedures and processes of the company the reasonableness of the accompanying documents
- Manage projects within time budgets and target dates, reporting any timing problems or budget over-runs to Director and AVP
- Present findings and recommendations to business unit management
- Sarbanes Oxley – Coordinate internal audit testing and remediation follow-up with Internal Audit Manager, VP of Internal Audit and external auditors to ensure compliance by the Company’s fiscal year-end
- Corporate Governance – Execute internal audit segments of enterprise-wide risk assessment
- Personal Development - Participate in industry activities and external training opportunities to expand industry and technical expertise
- Takes on more challenging assignments in line with standard audit career progression
- Assist in identifying and communicating potential risk areas to design and execute audit testing plan
- Track and report on progress of Internal Audit & Sarbanes Oxley activities
- Review data or information for completeness and inquire as to changes or unexpected trends
- 6+ years’ experience in a public company as an external or internal auditor
- Previous experience in existing internal control and risk management programs for a major company
- Superior organizational skills to manage a variety of tasks, projects and priorities
- 20% travel within US to visit stores and distribution centers
- Demonstrated ability to present and explain complex issues
- 6+ years of professional experience, primary audit related in a MNC environment
Senior, Internal Audit Job Description
- Conduct financial and operational audits for management to assess effectiveness of controls, accuracy of financial records, and efficiency of operations
- Audit financial and operational records of departments and operating entities with specific concentration on accounting controls and the accuracy of financial accounts
- Document businesses processes, risks and control procedures in conformity with Sarbanes Oxley requirements
- Prepare and submit audit findings and present to senior management and/or making recommendations to management
- Detect weaknesses in the control environment
- Participate in policy development activities
- Follow up on audit recommendations to assess and report implementation status
- Support the Company’s Section 404 compliance efforts, including control definition, self-assessment and testing
- Lead integration for the various acquisitions from an audit perspective, including ensuring compliance with quarter and year-end closing processes (e.g., account reconciliations, footnote disclosure requirements, ), annual audit requirements, and policy compliance
- Working alongside IT auditors to deliver ‘integrated’ audits including examining application control functionality
- Minimum 5 years experience in internal audit, public accounting or related experience
- Sharp, quick-thinking and flexible
- Exceptional written and oral communication skills in group and one-on-one settings
- Proficiency with MS Office 2013 and Visio is required
- Proficiency with MS SQL/ VBA is preferred
- Experience performing data analysis using CAATs are a plus
Senior, Internal Audit Job Description
- Following-up to determine adequacy of corrective actions
- Providing assistance to external auditors as requested and aligning the Internal Audit and SOX plan with the external auditor’s independent plan
- Undertaking special studies and projects as may be assigned
- Work with VP and Manager of Internal Audit to monitor progress, manage risk and verify key stakeholders are kept informed about progress and expected outcomes
- Conduct key entity and project-level risk assessments
- Identify areas to audit with financial, business and compliance processes
- Develop and execute a risk-based audit plan where you and your team analyze operational data, map process flows and interview business partners to identify and propose opportunities to improve performance, eliminate waste or reduce risk
- Research and respond to inquiries about risks and controls
- Evaluate product or process pilots, tackle projects or perform other testing for the business which would benefit from independent assessment by Internal Audit
- SOX Program Management (50% of time)
- Demonstrated strong analytical, problem-solving, and decision-making skills and a basic understanding of financial statements
- At least three- four years of public accounting and/or internal auditing required
- Strong financial background required, including experience with the requirements of Sarbanes-Oxley
- Professional accounting qualification and/or a Bachelor degree and Master degree in Accounting
- CPA qualification and a strong preference for MBA and/or CIA
- 5+ years of external audit experience, ideally with some exposure to the healthcare sector