Audit Director Job Description

Audit Director Job Description

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Audit director provides credit Card and compliance subject matter expertise to the audit department in the execution of key audits and during the completion of the risk assessment and internal audit plan development process.

Audit Director Duties & Responsibilities

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

Sample responsibilities for this position include:

Responsible for initiating and managing audits, that includes financial, operational, compliance and information technology audits
Build, coordinate and direct the audit function
Report and communicate to all audit committees
Work initially as a stand-alone function
Run the third party process before potentially building out a permanent team as the function grows
Reporting review findings to senior management at local, global functional and Group (Board) level
Monitoring results, risk and developments in the investment bank for the Americas and input into planning decisions
Collaborating with hospital executives, system hospital executives and the Vice President of Internal Audit and Corporate Compliance to develop a long-term audit plan
Coordinating business risk assessments as the preliminary step for audit plan development
Identifying resource requirements and ensuring that the plan is reviewed and approved by the Audit Committee of the NYP Board of Directors prior to implementation

Audit Director Qualifications

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

Licensing or Certifications for Audit Director

List any licenses or certifications required by the position: CPA, CISA, CIA, CISSP, CFE, CRCM, CA, CBA, PMP, AHIMA

Education for Audit Director

Typically a job would require a certain level of education.

Employers hiring for the audit director job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, MBA, Education, Business/Administration, Information Systems, Management, Computer Science, Information Technology

Skills for Audit Director

Desired skills for audit director include:

Ability to create
Ability to leverage that information in creating customized customer solutions
Ability to manage the major responsibilities
Accountabilities
Department
Evaluate and enhance processes in internal controls
Implement
Organization of the Audit and Compliance function
Values and practices that align customer needs and satisfaction as primary considerations in all business decisions
Risk assessment

Desired experience for audit director includes:

Conducting internal audits to identify emerging issues and detecting deviations from established controls
Supervising and monitoring/evaluating the performance of a 13-person departmental staff
Developing training programs to enhance skills of the staff
Maintaining ongoing communications with senior management and the Audit Committee to provide updates regarding the progress of auditing activities
Continuously searching for ways to improve the effectiveness and efficiency of our audit function
Originality, sound business judgment, and tact

Audit Director Examples

1

Audit Director Job Description

Job Description Example
Our growing company is hiring for an audit director. 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 director
  • Implement, coordinate, and execute internal financial, operational, information technology and compliance audits in accordance with business policies and other regulatory requirements in an evolving corporate environment
  • Identify, recommend and implement the necessary improvements to accounting policies/procedures and internal business controls to support corporate priorities, business needs and compliance programs
  • Work with functional leaders to implement proposed changes and develop the necessary tools and mechanisms to support lasting change
  • Develop approaches to promote knowledge sharing and promulgate management best practices
  • Advise foreign subsidiaries and affiliates in matters affecting compliance with all technical accounting matters and Section 404 SOX compliance
  • Oversee activities which ensure Section 404 SOX compliance, including supervising internal audit staff and third party providers
  • Support Basel II reporting to the Steering Committee and the Boards
  • Develop Basel II Audit test program
  • Evaluate control designs
  • Evaluate results, synthesize audit findings across the review, draft audit reports, and ensure effective and efficient audit execution
Qualifications for audit director
  • Ability to work effectively across the organization
  • Bachelor's degree in Accounting or other relevant discipline
  • Minimum of 12-15 years' work experience in Finance areas such as Accounting, Auditing, Planning and Analysis
  • Communicate audit findings to senior management in an effective manner
  • Follow-up with management to ensure corrective actions from internal and regulatory findings are closed effectively and timely
  • Manage people in a way that inspires, develops, and delivers results
2

Audit Director Job Description

Job Description Example
Our company is hiring for an audit director. 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 director
  • Operate as an auditor-in-charge of risk-based business and technology audits
  • Mentor, manage and monitor performance of junior staff and assist in enhancing their audit skill set
  • Participate in firm and industry events
  • Oversee ongoing risk assessments
  • Collaborate with other Audit teams to build and continuously reevaluate the annual audit plan
  • Lead delivery of the audit plan through effective scheduling and oversight
  • Motivate and develop a team of IT audit professionals by establishing goals and training plans
  • Develop and expand relationships with IT and business executives and Corporate Audit teammates
  • Assist the Senior Vice President of Internal Audit and Vice President of Internal Audit in developing new strategies for IT audit to focus on emerging risks relevant to the business and proactive risk mitigation
  • Act as a liaison effectively with co-sourcing partners and external auditors
Qualifications for audit director
  • Strong working knowledge and experience with the Institute of Internal Auditor's (IIA) International Professional Practices Framework (IPPF) the Federal Reserve’s Supplemental Policy Statement on the Internal Audit Function and Its Outsourcing SR13-01
  • Experience with Internal Controls
  • IT audit or technology management experience within the financial services industry
  • Identifying emerging firm-wide and business risks
  • Managing and/or leading regulatory and industry-driven audit reviews
  • Working with the Head of Asia Pacific Audit in preparing and presenting periodic updates to the relevant internal and external governance forums, clients, Fund Boards, and regulatory bodies
3

Audit Director Job Description

Job Description Example
Our company is growing rapidly and is looking for an audit director. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit director
  • Work with leaders throughout the organization to implement proposed changes and develop the necessary tools and mechanisms to support lasting change
  • Evaluate the company’s risk profile and perform an annual risk assessment to establish the internal audit schedule for review and approval by the Audit Committee
  • Promote the role of Global Internal Audit within the Company and provide input into the continuous improvement of the risk assurance practices
  • Direct the preparation and presentation of comprehensive reports on the findings of audits and projects to management
  • Together with peers, direct key departmental process improvement initiatives including internal quality assurance
  • Assist with preparation of quarterly Audit Committee presentations
  • Report periodically to the Audit Committee on status and findings
  • Build and maintain cross-functional relationships with leaders throughout the organization to assist creating transparency and ensuring cooperation with various audits and process improvement projects
  • Perform special projects, including due diligence of acquisition targets, system implementations, efficiency projects
  • Clearly communicate issues, including preparing comprehensive written reports, and pursue effective and timely resolution to issues
Qualifications for audit director
  • Support the Senior Vice President in the oversight of audit work and completion of the assigned audit plan
  • Monitor the activities across multiple audits to complete the audit plan, including communication with management, defining the scope and managing the activities of the Lead Auditors
  • Deliver internal audit reports which are clear, concise, identify root cause and provide value to management
  • Mentor staff, including career development and enhancing team morale
  • Regularly interacts with senior and middle management, internal and external peers
  • Support the VP of IT Audit to external auditors
4

Audit Director Job Description

Job Description Example
Our innovative and growing company is hiring for an audit director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for audit director
  • Leads the Internal Audit function by exhibiting the independence and objectivity of the department, while acknowledging the crucial need to serve as a reliable and valuable business partner to key stakeholders
  • Coordinate working with external auditors
  • Participate and contribute at management team level in business and strategic planning
  • Build partnership with internal clients and other business stakeholders
  • Oversee ongoing risk assessments and collaborate with other Corporate Audit teams to build and continuously reevaluate the annual audit plan
  • Identify the key controls to test and monitoring activities to assess during the audit
  • Assist in the development of a company-wide risk assessement for operational processes and related risks
  • Direct, conduct and supervise the planned operational audits for the facilities referred to above
  • Where necessary, expand scope of audits to address financial and IT risks that may arise as part of the operational audits
  • Coordinate with the independent auditors to ensure the maximum return from the audit resource
Qualifications for audit director
  • Ability to coach, motivate and develop careers of others in a collaborative manner
  • Familiarity with Enterprise Risk Management
  • Information systems auditing experience preferred
  • Bachelors in Accounting and CPA required
  • Minimum of 8 to 10 years audit experience, including time working in a management capacity for a corporate Internal Audit function of a U.S. Public company
  • In case you’re curious, total estimated work hours are approximately 2400
5

Audit Director Job Description

Job Description Example
Our company is growing rapidly and is hiring for an audit director. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for audit director
  • Ensure adherence to department policies and procedures and lead the function’s Quality Assurance and Improvement Program
  • Assist in determining the nature, extent and timing of the audits
  • Present to the Audit Committee of the Board of Directors on status and findings
  • Train staff to plan, scope, and perform, internal audits and risk assessments
  • Apply a risk-based approach to establish the audit scope, and guide the team in developing audit procedures to achieve audit objectives
  • Manage the team and execute detailed audit procedures
  • Review audit findings with management to clarify extent and source of problem and obtain management's perspective
  • Provide constructive guidance to management in identifying corrective actions which are practical and effective management responses to the audit findings
  • Conduct ad-hoc audits and investigations as requested by management and the Audit Committee
  • Conduct IT system control and security reviews with the assistance of internal and external resources
Qualifications for audit director
  • Experience with GAAP, GAAS, Sarbanes-Oxley compliance, SEC requirements
  • 10+ years of experience in IT audit, information security audit or related field
  • Minimum of 5 years in a leadership/managerial role required
  • Strong IT infrastructure and security operations audit experience
  • Good knowledge of technology trends, tools and services relevant to a data based commercial environment
  • Relevant certifications such as CISA

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