What does an Internal Auditor do?
As an Internal Auditor you will provide systematic and disciplined approach to effectiveness of risk management control and governance processes. You will possess a thorough knowledge of accounting procedures and a sound judgement. You will be accountable for the examination and evaluation of organization processes, reporting findings back to management regarding possible improvements and corrections.
An ideal candidate will have a bachelor's degree in accounting with a Certified Internal Auditor certification and proven experience as an Internal Auditor. You will have excellent report writing skills along with analysis and data reporting skills and a high level of interpersonal skills. You must have excellent MS Office proficiency especially in databases and a willingness to travel up to 25% of the time.
- Develop internal audit scope and audit plans
- Acquire, analyze and evaluate accounting documentation
- Prepare and present reports that reflect audit results and document process
- Act as an objective source of independent advice to ensure validity, legality and goal achievement
- Identify loopholes and share risk aversion methods and cost savings
- Maintain open communication with management and audit committee
- Document process and prepare audit findings memorandum
- Conduct follow up audits
- MBA in accounting, preferred
- Certified Internal Auditor, preferred
- Work with little supervision
- Excellent report writing skills
- Excellent analysis and data reporting skills
- High level interpersonal skills
- Proven work experience as an auditor
- Advanced computer skills in MS Office and databases
- Willingness to travel up to 25% of the time
Internal Auditor Salaries
Average Base Pay
Internal Auditor Career Path
Learn how to become an Internal Auditor, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Average Years of Experience
Internal Auditor Insights
Bank Of Hope“Normal benefits with reasonable "low" deductibles 100% employer paid when I worked here.”
PNC Financial Services Group“life balance is night and day from my prior job and the company cares that you have enough time to enjoy your personal life.”
Liberty Utilities“Career development is encouraged and supported”
KPMG“Everyone i worked with was very helpful and friendly.”
Sanofi“Great opportunities outside of the audit opened up to the former auditors as we have being seen as a talent pool.”
“People are nice and friendly.”
Isbank“Very predictable and stable career.”
HDFC ERGO Health Insurance“Good good good good good”
Frequently asked questions about the role and responsibilities of an Internal Auditor
- Auditor
- Audit Staff
- Accountant
- Finance Manager