Audit Assistant Job Description

Audit Assistant Job Description

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Audit assistant provides oversight to IT Audit Seniors and Staff in the planning and execution of IT audit controls testing.

Audit Assistant Duties & Responsibilities

To write an effective audit assistant job description, begin by listing detailed duties, responsibilities and expectations. We have included audit assistant job description templates that you can modify and use.

Sample responsibilities for this position include:

Responsible for the analysis of financial transactions, especially receipt and overages/shortages reported by retail stores, including trending, corrections, and reporting to field and internal management
Works with Sales Audit Supervisor to ensure daily reviews are completed accurately and timely
Works with Store Operations and Loss Prevention groups to ensure store procedures are clear and up to date relative to transactions, special receipts, and overages/shortages
Administers the store audit process
Recommends new reporting to accommodate changes in the business environment and/or additional requests from internal or external departments
Ensures the monthly calendar sales close process is completed timely and all accounting entries are accurate and loaded within the strict timeline
Complete daily cash reconciliation from the cash sweep and credit card settlement process, and ensuring all entries are accounted for and added to the monthly reconciliation process
Assists and provides support to Sales Audit Supervisor and team in any major initiatives impacting Sales Audit
Evaluate the design and operating effectiveness of controls & document this understanding in the audit toolkit
Set an example and support fair and ethical behavior in all colleagues

Audit Assistant Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Audit Assistant

List any licenses or certifications required by the position: CPA, CIA, CISA, CISSP, CISM, CA, MBA, CPC, SPHR, PHR

Education for Audit Assistant

Typically a job would require a certain level of education.

Employers hiring for the audit assistant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and High School Degree in Accounting, Health, Health Information Management, Finance, Statistics, Mathematics, Education, Accountancy, Business, Economics

Skills for Audit Assistant

Desired skills for audit assistant include:

Begin to demonstrate broad understanding of professional standards
UK GAAP and IFRS
Insurance regulations and accounting principles
Microsoft Office
Audit methodology
Audit scoping
Controls testing
Devising Audit approach
E-audit
English

Desired experience for audit assistant includes:

Planning, performing, reporting, and supervising audit assignments of activities/functions
Performing activities under the guidance of the Chief Audit Officer and Audit Manager (Audit Management)
Keeping current as to the development of relevant industry, regulatory and corporate matters that may affect the firm and the scope of the Internal Audit Department’s work
Keeping abreast of evolving audit techniques and practices
Preparing audit programs and execute comprehensive audits
Supervising day to day staff activities, when appropriate

Audit Assistant Examples

1

Audit Assistant Job Description

Job Description Example
Our company is looking to fill the role of audit assistant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit assistant
  • Take into account reputation of the bank at all times, through positive interactions and following policy and process
  • Review and complete documentation of scoping, process understanding, risk & control identification, control evaluation and observations in audit toolkit
  • Complete daily cash reconciliation from the cash sweep and credit card settlement process, and ensure all entries are accounted for and added to the monthly reconciliation process
  • Administers the store audit process by working with Store Operations and other internal departments to ensure compliance expectations and consequences are established and met
  • Recommends new reporting to accommodate changes in the business environment and/or requests from internal or external departments
  • Plan and carry out risk driven audit assignments
  • Assist with pre and post implementation reviews
  • Prepare summary reports of audit findings & recommendations
  • Provide recommendations of improvement
  • Participate in projects and ad hoc assignments
Qualifications for audit assistant
  • Ability to identify potential issues and/or opportunities
  • Approximately 6-9 years of internal audit experience from AM, MF, PE, HF, or SMAs
  • CIA, CPA, CFA or advanced degree
  • Deliver all work-related administration for their team in a complete, accurate and timely fashion
  • Relevant professional qualification (ACA, ACCA, CPA preferred)
  • Minimum of 4 years auditing experience, preferably obtained in financial service environment
2

Audit Assistant Job Description

Job Description Example
Our innovative and growing company is hiring for an audit assistant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit assistant
  • Keep up to date with business developments (including acquisitions, new systems, new products and services )
  • Managing Internal Audit programs relating to IHC and CCAR implementations
  • Coordinating across IA SME
  • Providing robust challenge in the CCAR process
  • Assisting in stakeholder relationships
  • To assist in daily processing of capture and refund errors via a web-based process
  • Daily processing of Sales Audit settlement errors for both US and International settlement
  • Reconciliation of PayPal transaction through ReconNet Tool
  • Report on error success rates and reason for failures
  • Assisting with Chargeback research
Qualifications for audit assistant
  • Ability to work with high degree of accuracy
  • Ability to effectively communicate with upper level management and external customers in both a verbal and written manner
  • Credit Union experience is highly desirable
  • 3+ years of Financial Service / Banking experience
  • Capable of navigating through financial systems, Recon Net Reconciliation system a plus
  • Public/private experience a plus
3

Audit Assistant Job Description

Job Description Example
Our growing company is looking to fill the role of audit assistant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for audit assistant
  • Reconcile daily credit cards on a transactional level and ensure all entries are accounted for and added to the monthly reconciliation posting
  • Complete daily process surrounding store’s chargebacks while meeting required deadlines
  • Assists and provides support to Sales Audit Supervisor - Finance and team in any major initiatives impacting Sales Audit
  • Ensuring projects comply with International Auditing Standards
  • Leading teams on the ground, reporting directly to the manager and partner
  • Report writing for Audit Committees and management
  • Work closely with audit colleagues in the early identification of emerging control issues and report them to Audit management and business stakeholders
  • Complete monthly reconciliations through Recon-Net Reconciliation system accurately and timely
  • Working with Risk to ensure identified issues are remediated in accordance with the company's requirements
  • Ensuring adherence to any internal policies and Regulatory requirements necessary for closure
Qualifications for audit assistant
  • Ability to be detail oriented in fast paced, evolving environment
  • Prior retail experience equivalent to 3-4 years a plus
  • Be able to continuously update and review due auditing and risk assessment processes
  • Qualified member of CIA/CISA/CPA/CISSP
  • A minimum of 5 years Internal Audit/IT audit experience from Big 4 and/or commercial industry
  • A University degree (Generally 2.1 or better)
4

Audit Assistant Job Description

Job Description Example
Our innovative and growing company is hiring for an audit assistant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit assistant
  • Performing audits over the implementation and oversight of the CCAR regulatory initiative for the IHC
  • Working collaboratively with others to develop strong client relationships and support delivery of the company's Audit Plan
  • Supervise the engagement work of audit staff and ensuring the professional standard of services to clients preparation of fee notes
  • Maintaining calendars, scheduling meetings and conference calls, ordering and setting up meals, and at times other logistical arrangements (e.g., projectors, WebEx, ) for meetings
  • Executive Support activities for the APAC Internal Audit Team
  • Primarily responsible for supporting administrative activities for Head of India Internal audit
  • Co-ordinate domestic and international travel of departmental staff
  • Identify risk areas and perform due diligence and compliance review
  • Provide proper procedural measures to mitigate any potential risks arising from internal control weakness, as identified by the Internal Auditors
  • Implement and review financial controls and business processes
Qualifications for audit assistant
  • Minimum BS/BA degree in Accounting required
  • Communication skills Must be able to present himself / herself and views persuasively yet diplomatically both in writing and in personal contact with all levels of management (Essential)
  • Personal skills the drive and commitment to deal with studying for qualifications whilst working full time (Essential)
  • Analytical skills the needs to maintain objectivity and professional scepticism when making decisions
  • Technical skills computer literate
  • Minimum 2 -4 years of experience in internal audit, internal audit services and/or public accounting, including supervisory experience
5

Audit Assistant Job Description

Job Description Example
Our company is growing rapidly and is looking for an audit assistant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for audit assistant
  • Collect data on potential clients
  • Manage audits and analyse audit work performed
  • Allocate work in accordance with audit qualification levels to ensure the due performance of an engagement
  • Monitor audit-related costs
  • Help and participate in training, staff recruitment, and internal certifications
  • Participate in all obligatory professional development training or training related to changes to audit standards, accounting, internal policies and requirements
  • Compile engagement budgets and analyse audit engagement costs
  • Initiates, coordinates, and executes administrative support to the Audit Department
  • Provides executive administrative support to senior managers in the organization
  • Answers and screens telephone calls in a professional and timely manner
Qualifications for audit assistant
  • CPA/CIA a plus
  • A BA or BS degree in Accounting, Finance, Business or equivalent degree
  • CIA and/or CPA
  • Bachelor's degree with Finance/Accounting major
  • Pro-active, disciplined, organized and objective personalities
  • Working as part of a team checking client’s financial documents and providing client-focused services, including but not limited to loan and loan loss allowance review, calculation of the banking economic normative indicators, set by the NBU, diagnostic of related party transactions

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