Senior It 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.

Senior Auditing

A senior auditor is responsible for analyzing and communicating financial information for companies, local, federal and state government as well as individual clients. A senior auditor reviews the operations of a company to make sure they comply with corporate and government policies. As a senior auditor, you will be responsible for the planning and reporting of audit assignments.

A senior auditor should have a good knowledge of mathematics. You must be able to quickly analyze and compare facts. You will have to communicate with clients and managers in written form about the results of the audits, as well as oral communication, if you want to keep your job.

Basic computer software packages and business systems are still required. Senior auditors should be good at working with people and have high integrity standards. You will audit financial, operational, Sarbanes-Oxley and fraud inventories.

You will also prepare audit plans for the company you work for. A senior auditor is able to define potential risks to the company, collect and analyze complex data, and draw logical conclusions. You will also make recommendations to the management in order to perk up the reporting process.

Candidates with more than four years experience in auditing are preferred by employers. A senior auditor is likely to work in local or state government, as well as private and public auditing and accounting firms. If you work for a government agency, public accounting firm or private firm, you may travel to multiple locations if you work in an office setting.

An Entry-Level IT Auditing Position

An IT auditor is responsible for analyzing and assessing a company's technological infrastructure to ensure processes and systems run accurately and efficiently. An IT auditor identifies any IT issues that fall under the audit, specifically those related to security and risk management. IT auditors are responsible for communicating their findings to other in the organization and offering solutions to improve or change processes and systems to ensure security and compliance.

The role of an IT auditor involves testing and evaluating audit review procedures. You will be responsible for conducting IT and IT-related audit projects using the established IT auditing standard. The audit process can encompass networks, software, programs, communication systems, security systems and any other services that rely on the company's technological infrastructure.

A bachelor's degree in computer science, management information systems, accounting or finance is required for entry-level IT auditor positions. You will need a strong background in IT or IS and experience in public accounting or internal auditing. The job requires a strong set of technical skills, with a strong emphasis on security skills, but you also need soft skills like communication.

IT Auditing: How Many Audits Do You Need?

IT auditors travel a lot. IT auditors work less than external audit teams, so their work is less extensive than the work of external audit teams. IT auditors don't operate under strict guidelines that financial auditors do, so they enjoy a less stressed work environment.

An IT auditor usually has at least 7 clients at any given time, whereas a financial auditor only works with 1-2 clients at a time. One advantage of moving on to the next client is that you spend less time with clients you don't like. You get a lot of changes of scenery.

IT auditors can make more money if they have more certifications. Robert Half breaks the salaries down into percentiles to identify the differences in pay within IT auditing. IT auditors with little or no experience are the lowest paid and land in the 25th percentile.

IT auditors with extensive experience and specialized skills bring in more money and make up the 75th and 95th percentiles. IT auditors can expect to make adjustments to their salaries to make up for the higher cost of living in cities with a scarcity of talent. If you live in San Francisco, El Paso, or New York City, you may be able to make as much as 41%, 28%, and 40.5% more than the average.

Most firms don't expect auditors to have multiple certifications. If you added a few sets of letters after your name, you would be in a better position. It is a good idea to have at least 1 busy season under your belt before moving to a new position.

Information Security Audits

Information security auditors are the people who make audits happen, either working for independent consulting firms that specialize in such services or for a group inside of their own company to keep an objective eye on the information systems that serve as the lifeblood of the modern corporation. IT auditors have a wide mandate to inspect nearly every aspect of a network. They are given a lot of freedom to plan and execute audits.

They can expect to have to explain their rationale for inspecting various systems and how they will tie their plan to potential vulnerabilities or extremely valuable targets. Auditors are expected to write up their findings in reports. They must be able to communicate clearly and respond to questions from high-level corporate executives.

Auditors may continue to work with IT departments to make changes recommended in reports after issuing them. Code auditors spend their time evaluating programs that have not been released. They work closely with the development and deployment teams to close security holes.

Preparation for Senior Auditor Test

The duties of a senior auditor are similar to those of a junior auditor. The minimum age requirement is 20 years and the maximum is 28 years old. Before starting the preparation for the senior auditor test, you should read the syllabus thoroughly.

Before you start the preparation, you should evaluate the time you have before the test and the amount of time you need. You must leave last two to three days before the test to revise what you have studied, and you must study daily and take one topic at a time. You can feedback us through comment.