Financial Auditor Job Description Template
The Financial Auditor is responsible for conducting financial audits of organizations and providing recommendations on how to improve their financial management. The Financial Auditor will review the organization's financial statements and assess their compliance with laws and regulations. The Financial Auditor will also evaluate the effectiveness of the organization's internal controls and make recommendations to improve them.
Financial Auditor Job Responsibilities
- Review and analyze financial statements and reports to ensure accuracy and compliance with laws and regulations.
- Identify discrepancies and errors, and recommend corrective action to improve financial reporting.
- Evaluate internal controls to ensure they are adequate and effective.
- Assist in the development of new accounting policies and procedures.
- Prepare audit reports detailing findings and recommendations for improvement.
- Perform followup audits to monitor implementation of recommended changes.
Objectives
- To ensure that an organization's financial statements are accurate and compliant with generally accepted accounting principles.
- To identify potential areas of financial risk and recommend corrective action to management.
- To evaluate the effectiveness of internal controls and make recommendations for improvements.
- To assess compliance with laws and regulations governing financial reporting and disclosure requirements.
- To provide independent, objective assurance on the adequacy and effectiveness of an organization's financial management practices.
Financial Auditor Job Skills & Qualifications Needed
- A bachelor's degree in accounting, finance, or a related field is typically required for this role.
- CPA certification is preferred.
- At least 5 years of experience working in financial auditing is required.
- Strong analytical and critical thinking skills are necessary.
- Excellent communication and interpersonal skills are also important.