An internal auditor is relied upon to assess how well a company is managing risk. Working as part of the in-house finance team, they use a systematic methodology to explore how well internal processes are working and whether company risk and operations could be improved.
Internal auditor job description and responsibilities
Professionals within this job role act as a moderator for all company accounts, ensuring that they are compliant and that any future risk is identified and managed. Typical internal auditor responsibilities are: Assessing company financial riskSafeguarding assetsGathering and analysing dataChecking the accuracy of financial reportsAuditing the efficiency of business processesEnsuring the business adheres to policies, procedures, legislations and regulationsStakeholder communication
Internal auditor qualifications, skills and experience
Qualification requirements for internal auditing roles are relatively broad and can include any of the following:FinanceEconomicsAccountancyComputingBusiness StudiesOverseas professionals are typically educated to a postgraduate masters level and can undergo a conversion by gaining a CIMA, ACCA or ACA specialist qualification.An in-demand professional will have the following qualities:Good organisationAn excellent eye for detailGood time-keepingThe ability to think objectivelyHigh emotional intelligenceGood verbal and written communication skillsThe ability to form good professional relationships
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