Our Internal Auditor job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Internal Auditor role
The Internal Auditor is responsible for reviewing the financial records of an organization to ensure accuracy and compliance with established regulations. They analyze internal controls, investigate irregularities, and provide recommendations to management on areas of risk. They must possess strong analytical and problem-solving skills and a solid understanding of accounting principles.
Role Purpose
The purpose of an internal auditor is to independently assess an organization's financial and operational activities in order to determine whether they are following internal controls and procedures, and to ensure compliance with applicable laws and regulations. Internal auditors also help organizations identify and manage potential areas of risk, improve efficiency and effectiveness, and promote good governance.
Internal Auditor Summary
The Internal Auditor is responsible for providing independent, objective assurance and consulting services to help protect the organization’s assets and operations. The Internal Auditor is responsible for assessing the reliability and integrity of information, evaluating the effectiveness of operational processes and controls, and facilitating operational and financial improvements. The Internal Auditor will also investigate allegations of fraud and other irregularities and report findings to management and the Audit Committee. The Internal Auditor will work closely with senior management and external auditors to ensure the organization’s compliance with applicable laws, regulations, and accounting standards.
Internal Auditor Duties
- Conduct financial and operational audits to ensure compliance with established policies and procedures
- Evaluate internal controls and assess the accuracy of financial records
- Identify areas for improvement and develop recommendations for management
- Examine financial information to detect and prevent fraud and error
- Develop audit plans and schedules
- Prepare detailed reports of audit findings and present them to management
Internal Auditor Skills
- Analytical thinking
- Attention to detail
- Organizational skills
- Ability to work independently
Internal Auditor Requirements
- Excellent analytical and problem-solving skills
- Strong oral and written communication skills
- Ability to work independently and as part of a team
- Highly organized and detail-oriented
- Knowledge of auditing and accounting standards
- Knowledge of legal and regulatory standards
Personal Traits
- Strong communication and interpersonal skills
- Organizational and problem-solving skills
- Ability to work independently and as part of a team
- High attention to detail
- Good knowledge of accounting principles
- Proficiency in MS Office