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Internal Auditor
The purpose of an Internal Auditor is to carry out an independent review of the effectiveness of the policies, procedures and standards set in place by the company to ensure the accounts are going to portray a fair and accurate view of the company’s finances. Being an Internal Auditor involves a high degree of interaction with the organisations operations. An Internal Audit can also be used to facilitate business risk management and add value to a business.
The duties and responsibilities of an Internal Auditor can be lengthy and varied and may include, planning, organizing and carrying out the audit function in accordance with recognized professional Internal Audit Standards and department procedures. In addition providing an efficient and effective audit which delivers value across financial and operational areas of the business as well as providing management with information relating to internal controls, to identify areas of risk within the business and to make recommendations for improvement. Reporting on the accuracy and relevance of financial information for management, to make recommendations for improving financial and management accounting systems, to liaise with external auditors and highlight any areas of concern are other areas an Internal Auditor would be responsible for.
Job requirements
An Internal Auditor must
• have previous experience with a good knowledge of audit procedures
• be able to work unsupervised
• have the ability to gather, analyse and interpret facts to produce management reports,
• be able to establish good working relationships and communicate clearly
Job qualifications
Internal Auditors are normally Part-qualified or Qualified CIMA/ACCA/CA/CIPFA/IIA.
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