Senior Auditor Job Description

Auditing as a Professional

There are internal and external audits. You need to decide which specialty area you want to work in before you can learn what you do at a senior level. The audit team will collect, evaluate and assess financial statements and records to see if the records are accurate and the data is presented fairly, according to the Association of Certified Fraud Examiners.

The team will check to see if the accountants followed the Generally Accepted Accounting Principles. The results are presented to stakeholders. You can learn what your role will be once you have selected which auditing team you want to be a part of.

The senior in the audit department usually oversees junior and staff auditors. The manager in the department gives auditing assignments to seniors. They must complete reports by the deadline.

Seniors perform a wide range of duties to meet deadlines. Seniors assign auditing tasks. The senior will coach their associates and look for errors after doing this.

They will make recommendations to managers after checking the budget, compliance and writing a report. External auditors will look at financial statements while internal auditors will look at processes. As companies put a focus on internal controls and risk management, demand for auditors will only grow.

Auditing in the 21st Century

If you want to work your way up to a senior level position in auditing, you will need a minimum of a bachelor's degree. If you don't have a degree, some employers will hire you with experience and education. Most employers prefer that you have at least 2 years of experience in a junior staff role.

When you don't have enough experience, a professional CPA, CIA or CISA designation can help you get noticed by other candidates. The Bureau of Labor Statistics projects that the field of auditors will grow 13 percent by the year 2022. If you want to be a senior auditor, you will be responsible for looking at financial records and have an eye for detail.

Hiring a Senior Internal Auditor: Professional Experience Section of Resume

The senior internal auditor job description requires leading audit teams, monitoring the workload of team members, and adjusting or redistributing assignments, taking into account the capabilities of team members and needs of the organization or clients' expectations. The senior internal auditor work description includes conducting internal audits and assessments, preparing and reviewing work papers of other auditors, and ensuring that quality and objectives of audits are achieved. The senior internal auditor is responsible for the planning, execution and delivery of the final audit report and performs various functions, including audits.

If you have worked in the capacity of a senior internal auditor are currently in the role, you should include the professional experience section your resume to highlight your experience of the job. Recruiters want candidates who can perform the obligations, objectives, and purpose of the role effectively in their organizations when they are hired for the senior internal auditor position. To hire a senior internal auditor for your organization, recruiters or HR managers need to publish the job description for interested individuals to learn about the duties and responsibilities they will be charged with if hired.

Auditing Accounting Systems

Auditors work with a range of clients to review financial documents for accuracy and compliance with laws and regulations. A detailed review of the company's accounting policies and procedures is included in some audits. Auditors are trained to identify potential risks.

Consultants are focused on providing objective assessments and informed opinions about how existing practices and procedures might be improved. Increased operational efficiency, risk management and regulatory compliance are some of the goals of an audit. Auditors specializing information systems analyze risks related to technology infrastructure.

Business managers should make improvements to their systems to cover system upgrades and internal policy revisions for access, use and maintenance of financial data. Information technology auditors can work for a company or for an accounting firm. When discrepancies arise, auditors make sure that the reports match the transactions.

They analyze financial data and make sure the organization is following financial regulations. Auditors earn an average annual salary of over $60,000. The salary potential is dependent on location, experience, and education.

Auditors earn an average of 64,329 per year with five or more years of experience. Internal auditors work for a single organization, where they keep track of financial activities and ensure the company complies with legal requirements. External auditors work for accounting firms.