Discover the essential requirements, duties, responsibilities, and skills needed for a Senior Internal Auditor job description.
What does a Senior Internal Auditor do?
A senior internal auditor is responsible for overseeing and monitoring a company's finances. They lead the auditing team and ensure that all financial processes are effective and compliant with relevant legislation.
Job Description
We are seeking an experienced senior internal auditor to join our company. In this role, you will be responsible for conducting annual audits, analyzing accounting data, preparing tax documents, and collaborating with the auditing team to develop financial strategies.
To excel in this position, you should have a strong understanding of auditing standards and the ability to work with complex financial data. You should also possess strong attention to detail and analytical skills.
Job Duties and Responsibilities
- Lead the full audit cycle by reviewing tax compliance, verifying financial records, and examining accounts
- Analyze audit results and propose solutions to improve ineffective financial practices to management
- Evaluate accounting procedures, payroll, inventory, and tax statements to guide financial decision-making
- Conduct risk assessments and recommend measures to avoid financial risks and save costs
- Follow up with management to ensure corrective actions are implemented in the company's financial processes
- Supervise junior auditing staff and incorporate their research into the audit process
- Prepare and review annual audit reports
- Research federal and state laws and regulations to ensure compliance with financial records
Requirements and Qualifications
- Bachelor's degree in accounting, finance, or a related field
- Certified Internal Auditor (CIA) certification
- At least 5 years of experience in accounting or auditing
- Thorough knowledge of auditing standards, procedures, laws, rules, and regulations
- Strong mathematical and analytical skills
- Proficiency in using auditing software, such as CAMS and AuditBoard
- Attention to detail and high level of accuracy
- Ability to work with complex financial data
- Excellent communication and leadership skills
Alternate Job Titles
- Internal Auditor III
- Audit and Business Controls Specialist III
- Auditor Internal Controls III
- Senior Auditor
- Staff Internal Auditor III
Senior Internal Auditor Salary
The earning potential of a Senior Internal Auditor can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Senior Internal Auditor in the United States is approximately $99290.
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