Job Description
Internal Auditor duties and responsibilities
Internal Auditors use skills in organization and project management to better understand the record-keeping processes of an organization, while also offering recommendations for improvement. Internal Auditors have the following responsibilities:
- Evaluate financial documents for accuracy and compliance with federal regulations
- Identify the financial risk of the organization and offer recommendations to reduce risk.
- Identify accounting and financial record-keeping processes that can be improved
- Determine ways to cut costs and improve profitability
- Assess the efficiency and productivity of internal staff and make recommendations for improvement
- Present findings to upper management in the form of reports and presentations
Internal Auditor skills and qualifications
Internal Auditors typically have certain skills that will make them successful in their role, including:
- Strong communication skills to work with Accountants and other coworkers
- Excellent attention to detail to review large amounts of data and numbers
- Exceptional mathematical skills to verify entries
- Good critical-thinking skills to gather all of the available data and make informed decisions
- Excellent research skills to find all related information needed
- Proficiency in accounting software and spreadsheets
Education:
A minimum of a bachelor’s degree in accounting or a related field is often required to work as an Internal Auditor.