• Review and analyze financial statements, balance sheets, tax returns, and accounting entries for accuracy and legal compliance.
• Examine company accounts and financial control systems to ensure they are correct and in line with relevant laws and regulations.
• Assess levels of financial risk, including the potential for fraud or mismanagement, and prioritize audit efforts accordingly.
• Evaluate the effectiveness of internal controls and processes, recommending improvements to safeguard assets and maintain data accuracy.
• Prepare detailed audit reports, commentaries, and financial statements, and present findings and recommendations to management and stakeholders.
• Ensure that procedures, policies, legislation, and regulations are correctly followed and complied with.
• Communicate audit findings and recommendations clearly to management, boards, and other stakeholders.
• Follow up on audit recommendations to ensure corrective actions are implemented.
• Maintain accurate documentation of audit work, findings, and conclusions.
• Stay current with changes in financial regulations and industry best practices through continuing education.
Skills and Qualifications
• Bachelor’s degree in accounting, finance, or a related field is typically required; a master’s degree or certifications such as CPA (Certified Public Accountant) or CIA (Certified Internal Auditor) are often preferred1.
• 1–3 years of relevant work experience, ideally including handling complex audit requirements independently or in a team1.• Strong analytical, problem-solving, and mathematical skills13.• Excellent attention to detail and the ability to work objectively and independently13.• Proficiency with spreadsheets, financial software, and strong IT skills13.• Effective communication, presentation, and report-writing skills135.• Ability to work under pressure and meet deadlines, both independently and as part of a team3.Typical Duties• Collate, check, and analyze spreadsheet data3.• Inspect account books and accounting systems for efficiency and compliance with accepted procedures6.• Conduct risk assessments and internal control evaluations57.• Prepare and verify annual reports and financial statements6.• Liaise with managerial staff and present audit findings35.• Inspect cash, securities, and inventory to confirm records are accurate6.• Review and audit payroll and personnel records for compliance with tax laws and regulations