Audit Services Job Description

Audit Services Job Description

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Audit services provides audit expertise, advice and guidance and promotes an awareness of risk management and control practices with BAT management.

Audit Services Duties & Responsibilities

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

Sample responsibilities for this position include:

Developing integrated test plans for use in covering key areas of risk
Leading multiple audits while actively participating in other critical business initiatives throughout the year
Effectively and confidently developing audit issues with management and providing value-added recommendations to strengthen business practices and controls
Collaborating with management to develop long-term and short-term audit plans and coordinating projects to ensure effective audit practices
Participating in the audit scheduling process for the audit group to effectively deploy resources throughout the year
Remaining current with industry trends and emerging risks while adapting annual and project based audit coverage as appropriate
Work closely with Partners to further develop a rapidly growing practice area
Audit of financial statements and capital accounts at year-end
Consultation regarding regulatory Issues
Operations consulting

Audit Services Qualifications

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

Licensing or Certifications for Audit Services

List any licenses or certifications required by the position: CPA, CIA, CA, CISA, ACCA, CICPA, CMA, CFA, CISM, CGEIT

Education for Audit Services

Typically a job would require a certain level of education.

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

Skills for Audit Services

Desired skills for audit services include:

Audit methodologies
Auditing standards
Control frameworks and risk management practices
Regulatory requirements
Control frameworks and risk management techniques
Policies
Procedures and systems
Internal Audit Services practices
Principles and techniques
Project management and system development methodologies

Desired experience for audit services includes:

Preparation of interim financial statements
Raise the technical knowledge of the group through various courses, seminars and in-house training in the areas of Finance and other Functional areas and related risk management frameworks, compliance and audit techniques
Creating and implementing cost reduction strategies
Demonstrating familiarity with anti-fraud procedures and investigation techniques
Risk management with ERM frameworks and facilitation
Management of multiple audit plans

Audit Services Examples

1

Audit Services Job Description

Job Description Example
Our company is growing rapidly and is hiring for an audit services. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit services
  • Assist Senior Director AML Audit and Director AML Audit in ensuring AML audit coverage for audits of assigned business platforms meet regulatory requirements and expectations
  • Develop robust AML audit programs for Standard Library and for specific audits of the assigned business platforms, ensuring effective control solutions are implemented and that they align with jurisdictional regulations and guidances, and with internal policies and standards
  • Exhibit knowledge and understanding of personal credit and credit rules, principles and guidelines policies
  • Review financial statements, notes, schedules, management letters, income tax returns, reports, programs, systems, policies and procedures for discussion with the client
  • Continuing the development of the annual audit plan
  • Enhancing the team's knowledge of the sector by keeping track of key technological developments
  • Helping to develop junior staff / Associates and in addition provide training courses
  • Ensures that AML audit programs align with jurisdictional regulations and guidance
  • Planning and leading audits and managing teams
  • Demonstrates ability to recognize audit risks and problems, proposes sensible solutions with appropriate balance between clients’ needs and the firm’s risk
Qualifications for audit services
  • Experience on audit projects with a focus on operational audits that are not solely compliance driven
  • Experience working in engineering, but in a non-audit role
  • Experience with risk management or continuous auditing tools
  • Professional Audit Qualifications
  • Extremely well organized and has a strong attention to detail
  • Significant interaction with senior management of the bank
2

Audit Services Job Description

Job Description Example
Our innovative and growing company is hiring for an audit services. 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 services
  • Serve as an integral part of building out the firm's existing financial services practice
  • Under supervision and direction from senior audit managers, ensures execution of audits in line with IAS/IIA standards and methodology
  • Thorough in-depth understanding of the business including changes to the regulatory and business environments, and, as and when instructed by senior audit managers on specific audit engagements, develops audit programs to ensure effective control solutions are implemented
  • Execute quarterly continuous audit and review plans for RBCIS, as required, under the direction and responsibility of a senior audit manager
  • In coordination with and as requested by senior audit managers, provide audit communication to the business on a timely basis in accordance with established IAS standards
  • Assist in coordinating components of credit and operational audits
  • Assist in the development of Audit programs in consultation with Internal Audit Services (IAS) team members
  • Liaises with GCM, GRM, CT and GTO to ensure agreement with content and methodology of audits, significant findings
  • Use appropriate techniques, including Business Intelligence Tools, to identify and ensure audit coverage of key business risks
  • Gathes and analyse information using Computer Assisted Audit Techniques & Tools (CAATTs), Business Intelligence tools and other auditing techniques to identify key risks and process control weaknesses
Qualifications for audit services
  • Internal / external audit or risk experience within a Financial Services or Big 4 accountancy practice environment
  • Internal / External Audit or risk experience within a Big 4 accountancy practice environment or Financial Services firm
  • Insurance or Financial Services sector experience
  • Exposure to Project Assurance
  • Internal audit / risk experience within a Financial Services or Big 4 accountancy practice environment
  • Internal Audit experience at a Big 4 Accountancy Practice or within a Financial Services environment
3

Audit Services Job Description

Job Description Example
Our company is growing rapidly and is hiring for an audit services. 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 services
  • Assist in the development of, programs and reports in consultation with IAS team members and Executive
  • As a strategic thinker, actively collaborate with the audit group and / or develop new strategies / ideas which will result in creating added value for our auditees (Retail Clients), for the audit practice and for the audit group
  • Stay current on Market and Economic developments that may impact our Retail clients
  • Ensure the qualities of Retail Banking Credit Underwriting Standards are being followed
  • Previous experience of managing people
  • Good working knowledge of UK and International GAAS, IFRS, UK GAAP and Financial Reporting requirements
  • Managing Internal/External Resources - You’ll actively manage a strong global audit team and co-sourcing resources to strategically address new and/or highly technical risks associated with the Company’s business model transformation
  • Review with Partner any significant audit findings, financial statement presentation or other matters for the issuance of the Financial Statements
  • Co-ordinating the audit engagement from planning to completion within stipulated time frame and with the required expected level of quality
  • Perform in-charge accounting and audit functions on various Financial Services engagements
Qualifications for audit services
  • Preferably shared services or operational audit experience
  • Experience of managing large teams and the ability to provide coaching
  • Experience in managing the audits of banks or insurance or funds management companies
  • Experience in managing medium to large sized audit teams
  • Demonstrates ability to work independently and manage own audit work responsibilities, including work of audit engagement team members, and to communicate status effectively
  • 6+ years of current or recent CPA firm financial services audit experience
4

Audit Services Job Description

Job Description Example
Our growing company is hiring for an audit services. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit services
  • Record and reconcile intercompany activity, including intercompany payables, receivables, investments, and lease or other similar payments
  • Supervise Surprise Custody, SOX and SSAE 16 engagements
  • Supervise Mock Compliance audits and other compliance monitoring functions
  • Review annual tax versus GAAP tax basis journal entries
  • Prepare or review annual CCH Engagement income statement, balance sheet, schedule of investments, cash flows, changes in shareholders or partners equity, financial highlights and other footnotes
  • Train staff in the various audit and administrative functions listed above
  • Provide a comprehensive review of audit work papers and financial statements
  • Supervise, monitor and performance reporting regarding audit Supervisors and Seniors on engagement teams and reviewing work product that they prepare
  • Identify and communicate accounting and auditing matters to Senior Managers and Partners
  • Lead a team of professional auditors responsible for all aspects of an audit and review engagement audit work for sufficient scope and for accuracy
Qualifications for audit services
  • A minimum of 10 years’ experience with a public accounting firm and a minimum of 3 years of corporate industry experience
  • Your background should have experience in financial institutions or financial services external audit of both public and private companies or financial institutions regulatory experience
  • Your skills should include organization, communication, technical, time management, and accounting and auditing as you work effectively with clients and adequately handle multiple engagements and teams
  • It is important that you interact with clients, prospects, all levels of staff, and colleagues in a professional fashion
  • We require experience supervising engagement team members and instructing them on completing assigned task
  • This position requires you to be a licensed CPA in the state of California or be able to be licensed in California
5

Audit Services Job Description

Job Description Example
Our company is growing rapidly and is looking for an audit services. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for audit services
  • Perform attribute testing to determine compliance with internal controls and regulatory requirements
  • Assists with review of quarterly pricing updates and other contract changes to insure accuracy of Merchant Services charges, income, system, statements, billing
  • Assists Senior Manager in conducting formal performance reviews
  • In concert with VP, Wealth Management and Investor & Treasury Services (I&TS), and as part of IS IAS management team, develop the annual Audit Plan for Investor Services ensuring that audits conform to regulatory and internal audit requirements
  • Implement the execution of audit plan and ensure effective audit practices for traditional and continuous audits engaged in
  • Provide audit communication to the business on a timely basis in accordance with established IAS standards
  • Responsible for approximately 5-15 audits annually
  • Direct, counsel, and instruct staff assigned to the engagement and review audit engagement team plan, finding and report for sufficient scope and for accuracy
  • Independently execute audit programs and procedures as assigned by the audit engagement lead
  • Assist Internal Audit Services (IAS) Management in developing audit programs to ensure effective control solutions are implemented
Qualifications for audit services
  • Accounting designation (preferably CA) CISA), Certified Fraud Examiner (CFE)
  • Comprehensive knowledge of auditing practices, procedures and principles, extensive understanding of financial, operational, market, and credit risk and knowledge of IFRS
  • Solid Tax exposure
  • Effectively manage multiple smaller financial services engagements simultaneously as necessary
  • Professional Certification - undergraduate or master's degree
  • Candidates must be in possession of a university degree in Accountancy, or have completed their ACCA or ACA professional qualification

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