Audit Manager Job Description Template
The Audit Manager is responsible for planning and directing the work of the audit staff in order to ensure that the organization's financial statements are free of material misstatement. The Audit Manager also oversees the preparation of the annual report to shareholders. In addition, the Audit Manager ensures that the internal control system is adequate and functioning properly.
Audit Manager Job Responsibilities
- Lead and oversee audit engagements
- Develop and implement audit plans
- Identify risk areas and recommend solutions
- Report findings and recommendations to senior management
- Ensure compliance with internal policies and procedures
- Maintain relationships with external auditors
- Supervise staff of auditors
Objectives
- To ensure that all financial records are accurate and comply with legal regulations.
- To manage the audit team and coordinate audits of company accounts.
- To provide recommendations on improving financial reporting and accounting procedures.
- To liaise with external auditors and provide them with relevant information for their audits.
- To monitor changes in accounting standards and legislation and advise management accordingly.
- To keep abreast of developments in the field of auditing and taxation and to maintain high professional standards at all times
Audit Manager Job Skills & Qualifications Needed
- The skills and qualifications needed for the role of Audit Manager vary depending on the organization. However, most organizations require audit managers to have a bachelor's degree in accounting or a related field, as well as experience working in an accounting or auditing role. Additionally, many organizations require audit managers to be certified public accountants (CPAs).