Auditor Job Description: Top Duties and Qualifications

An Auditor, or an Internal Auditor or External Auditor inspects the financial records and procedures of public and private organisations to determine their accuracy and efficiency. Their duties include examining company accounts, assessing companies’ financial risks and checking whether internal accounting procedures meet established industry guidelines.

 

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What does an Auditor do?

Auditors review company financial accounts to ensure financial records are valid and meet legal, accounting and tax requirements. They check the flow of money in and out of organisations to ensure accurate recording of financial transactions. Auditors can also provide advisory services. They can examine a company’s financial policies and procedures and recommend strategies to improve the efficiency, accuracy and quality of internal auditing systems. Auditors will work with management and staff to understand the financial position of the organisation and use the information to determine its risk exposure and mitigating factors.

 

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Auditor Job Description Examples:

 

Example 1

My client is a large, highly respected firm of Accountants with a very strong and reputation in the local market. They have a rare opportunity for a qualified (or almost qualified) Accountant to join their team in a varied role covering Audit and Accounts. You will work with clients from a range of sectors including legal, charity, construction and education and will gain exposure to businesses of all sizes from small owner managed to large multi-million turnover firms based in the UK and overseas. This is an incredible opportunity for someone who has gained experience in both Audit and Accounts who is looking to take the next step in their career with a firm who offer excellent development and training. Duties will include but not be limited to: Supervising junior member of the team and reviewing work Working on Audits from planning to completion and working closely with Managers to ensure they are delivered on time and within budget. Preparing year end accounts Building relationships with clients Working in the office and at client premises as required Location: The client is based in Tunbridge Wells but very open to remote working so travel to the office would be minimal The successful candidate will ideally be fully qualified with strong Audit experience - candidates with a mix of Audit and Accounts experience will also be considered, what is important is that you can demonstrate excellent communication skills along with great technical knowledge and a desire to progress your career. Please contact Rachel to find out more If this opportunity is not what you were looking for, but you might know someone else that is suitable then head to our website and see the "Refer A Friend" tab to find out how you could potentially be rewarded with £200 for introducing us to someone we are able to successfully place. In application for this role, you are consenting to TN Recruits Ltd retaining your details to secure you work. All information provided will be held securely for up to 3 years unless we are contacted and instructed otherwise.

Example 2

Role Purpose As an integral member of the audit engagement team, you'll be responsible for providing third line assurance by identifying areas of risk within the business and helping to identify control improvements. You'll work with business areas across LSEG and develop and understanding of how the business operates and some of its key risks Role Work with a team of auditors on a variety of challenging engagements and perform key sections of the audit programme. Engage with stakeholders to understand their business, identify processes and key controls. Document key processes and key controls, and contribute to the development of an effective test plan. Contribute to the identification of areas to enhance controls. Minimum Requirements - Degree or equivalent and relevant professional qualification - Previous internal or external audit experience desirable - Strong stakeholder management skills - Good verbal and written communication skills - Good technical skills and attention to detail - High level of independence and personal integrity People are at the heart of what we do and drive the success of our business. Our culture of connecting, creating opportunity and delivering excellence shape how we think, how we do things and how we help our people fulfil their potential. At LSEG we embrace diversity and actively seek to attract individuals with unique backgrounds and perspectives. We break down barriers and encourage collaboration, enabling innovation and rapid development of solutions that make a difference. Our workplace generates an enriching and rewarding experience for our people and customers alike. Our vision is to build an inclusive culture in which everyone feels driven to reach their potential. We know that real personal growth cannot be achieved by simply climbing a career ladder – which is why we encourage and enable a wealth of avenues and interesting opportunities for everyone to broaden and deepen their skills and expertise. LSEG are committed to supporting emotional, physical, financial and societal wellbeing. Our tailored benefits are a key part of this commitment and we offer colleagues a range of support from healthcare and retirement planning to paid volunteering days and consumer discounts. We also make reasonable accommodations for applicants and employees with disabilities. If an accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please make your recruiter aware, we want to ensure you perform at your best. As a global organisation spanning 70 countries and one rooted in a culture of growth, opportunity, diversity and innovation, LSEG is a place where everyone can grow, develop and fulfil your potential with purposeful careers. Please take a moment to read this privacy notice carefully, as it describes what personal information the London Stock Exchange Group (LSEG) (“We”) may hold about you, what it’s used for, and how it’s obtained, your rights and how to contact us as a data subject . If you are submitting as a Recruitment Agency Partner, it is essential and your responsibility to ensure that candidates applying to LSEG are aware of this privacy notice.

Example 3

_QA Auditor _ To provide and support business and site requirements for the Quality department and maintain/improve quality and food safety product/process/systems. - On line audits, including shift checking and sweeper checks - Offline testing CMM and Montreal plus customer specific - GMP and pre-requisite audits ensuring any food safety hazards are escalated and product is quarantined. - Administration of quarantining and hold area. - QIR admin - QI training and delivery - Production admin - Lab testing - Ensuring through audits and checking that the products made are legally compliant by checking specifications, product labels and documents recording correct information *Working pattern* This role operates on rolling 8 hour shift pattern of days/afternoons/nights *Knowledge and experience* - QA experience in environment is desirable. Knowledge of HACCP and food safety. - High attention to detail - Excellent communication skills, both written and verbal - Good IT, analytical and numeracy skills - Able to follow and implement procedures - Ability to work as part of a team - Understanding of inspection techniques Reference ID: SedaUKQA *Seda UK provided the following inclusive hiring information: * We are an equal opportunity employer and considers all qualified applicants equally without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status. Job Types: Full-time, Permanent Salary: Up to £23,000.00 per year Additional pay: * Performance bonus Benefits: * Bike to work scheme * Company pension * Life insurance * On-site parking * Referral programme * Sick pay Schedule: * 8 hour shift COVID-19 considerations: All employees and visitors to site are required to wear a mask where social distancing cannot be maintained. Sanosil cleaning products are available for workstations and hand sanitiser stations are readily available. Work remotely: * No

Auditor duties and responsibilities

The primary duty of an Auditor is to help organisations improve their operations and ensure financial policies and procedures comply with industry regulations. Their main tasks and responsibilities include:

  • Reviewing company accounts and financial control systems
  • Compiling, checking and analysing financial data from records, receipts and other documents to determine company assets and liabilities
  • Measuring an organisation’s exposure to financial risk
  • Developing and implementing new internal control systems to improve operations
  • Identifying, researching and analysing problems with company policies and procedures and recommending strategies to solve challenges
  • Identifying company strengths and weaknesses and recommending strategies to optimise efficiency
  • Enforcing compliance with procedures, policies, regulations and legislation
  • Preparing financial statements, reports and commentaries to guide the organisation’s internal processes

 

Auditor skills and qualifications

A successful Auditor candidate will have various prerequisite skills and qualifications needed to perform duties effectively, these include:

  • Proven experience in accounting, auditing and related fields
  • In-depth understanding of accounting industry regulations, tax legislation, financial reporting standards and policies
  • Working knowledge of accounting, bookkeeping or financial software tools and spreadsheets
  • Attention to detail, thoroughness and accuracy
  • Integrity and exceptional interpersonal skills
  • Exceptional presentation, written and verbal communication skills
  • Critical thinking and problem-solving skills
  • Excellent research and maths skills

 

Auditor experience requirements

Auditors typically require three to five years of work experience, depending on whether the position is for internal or external auditing. The ideal Auditor candidate should be experienced in the financial reporting standards and industry rules and regulations guiding your company’s financial conduct. Experience in an accounting role is essential for this job. External Auditors need to have the experience level of a Chartered Accountant. Internal Auditors have less strict requirements and can gain experience on the job. Auditors can also learn valuable insights required to perform on the job during their study.

 

Auditor education and training requirements

An Auditor typically needs to have a degree in accountancy to qualify for employment. Candidates can become an Auditor through a higher apprenticeship as an Internal Audit Practitioner or a Level 7 apprenticeship as an Internal Audit Professional. Some companies recruit employees as Trainee Auditors. Candidates with an accountancy degree can become an Auditor via the National Audit Office’s three-year graduate training scheme. Auditors may need to be members of the Association of Chartered Certified Accountants (ACCA) or the Chartered Institute of Management Accountants.

 

Auditor salary expectations

According to Indeed Salaries, the average salary for an Auditor in the UK is £33, 492 per year. Actual pay may depend on the employer, the industry, location, experience, qualifications and the job duties and responsibilities.

 

Job description samples for similar positions

Here are job description samples for similar positions if you are not looking to recruit an Auditor:

 

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Auditor job description FAQs

 

Which qualities make for a good Auditor?

Successful Auditors must have an unshakeable moral character. Auditors must have exceptional integrity, as this is the basis of their professionalism. Effective Auditors must be able to provide accurate and truthful reports of their findings regardless of who is involved. Auditors must also be diligent and have a sound sense of judgement while discharging their duties. They must always be impartial, objective and independent. The best Auditors understand the importance of confidentiality and handle information with utmost discretion. They are also exceptionally thorough and use a systematic audit process to reach reliable and reproducible findings.

 

How can you make your Auditor job description stand out?

To make your Auditor job description stand out, mention whether candidates need to be a Chartered Accountant, have an accounting degree or can come from diverse backgrounds. Describe the specific job duties and responsibilities, such as performing internal and external audits, assessing risk and business operational procedures and data analysis. Highlight the departments and other professionals the Auditor will work with when employed. You can also mention specific skills candidates need, such as data analysis and use of accounting software. It’s important to include details of your remuneration package, such as bonuses and sponsorship of professional qualifications.

 

Who does an Auditor report to?

An Auditor can report to the Finance Director, Head of Accounting and members of the senior management.

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