Our Audit Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Audit Manager role
An Audit Manager is responsible for overseeing the process of auditing financial statements and evaluating the accuracy of company records. They ensure that all financial statements are in compliance with applicable laws, regulations, and standards. They also review internal controls and processes to identify areas of risk and make recommendations for improvement. The Audit Manager must have excellent analytical and communication skills, as well as a deep knowledge of accounting principles and regulations.
Role Purpose
The purpose of an Audit Manager is to oversee the planning, execution, and reporting of financial and operational audits to ensure accuracy and compliance with applicable laws, regulations, and standards. They are responsible for developing audit programs, evaluating internal controls and systems, providing advice and guidance, and reporting on audit findings. Additionally, Audit Managers are responsible for managing a team of auditors, ensuring quality and accuracy of their work, and providing feedback and coaching.
Audit Manager Summary
The Audit Manager oversees the planning, execution, and reporting of financial and operational audits. They ensure that the audit program is designed to evaluate the adequacy and effectiveness of the organization’s internal control systems. The Audit Manager is also responsible for providing recommendations and advice on risk management strategies and internal control systems.
The Audit Manager must have a comprehensive knowledge of auditing principles and practices, as well as a thorough understanding of the organization’s operations, procedures, and policies. They must possess excellent communication and organizational skills, and be able to interact effectively with all levels of management. The Audit Manager must also be able to work independently and be able to manage and develop audit teams.
Audit Manager Duties
- Develop and implement audit plans
- Perform financial and operational audits
- Analyze audit data and report findings
- Monitor internal controls and compliance
- Provide guidance on corrective action plans
- Identify areas for improvement and provide recommendations
Audit Manager Skills
- Auditing
- Problem-solving
- Communication
- Leadership
Audit Manager Requirements
- Bachelor’s degree in Accounting, Business Administration, or related field
- At least 5 years of experience in an accounting or auditing role
- Strong understanding of Generally Accepted Accounting Principles (GAAP)
- Advanced knowledge of auditing standards, procedures, and techniques
- Excellent analytical, problem solving, organizational, and communication skills
Personal Traits
- Strong organizational skills
- Excellent communication and interpersonal skills
- Analytical mindset
- Attention to detail
- Good problem solving skills