Corporate Audit Job Description
Corporate audit
provides management with an independent assessment of business risk, internal controls, and the efficiency/adequacy of business processes.
Corporate Audit Duties & Responsibilities
To write an effective corporate audit job description, begin by listing detailed duties, responsibilities and expectations. We have included corporate audit job description templates that you can modify and use.
Sample responsibilities for this position include:
Develop and own the IT risk assessment and associated annual IT audit plans
Inspect key business processes to determine accuracy of Financial Statement account balances and compliance with laws and regulations, Company policies and procedures, and GAAP
Review internal control systems, compliance with Company’s policies and procedures primarily for financial reporting but does not exclude select business reporting
Test financial controls within the assigned process as per the risk assessment rating and document the testing results in GRC (Audit Tool)
Managing teams of audit professionals in a corporate environment
Managing multi-disciplined, cross functional departments
Managing internal auditors, compliance professionals, projects and investigations
Team succession planning, competence building and the maintaining high levels of business service
Demonstrating value added services and continuous improvement
Building trust through consulting engagements
Corporate Audit Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Corporate Audit
List any licenses or certifications required by the position: CPA, CIA, CISA, CISSP, HR, CFE, FRM, PMP, PRM, II
Education for Corporate Audit
Typically a job would require a certain level of education.
Employers hiring for the corporate audit 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, Business/Administration, Economics, Graduate, MBA, Engineering, Education, Management Information Systems
Skills for Corporate Audit
Desired skills for corporate audit include:
UK GAAP and IFRS
US GAAP reporting
Business and regulatory environment
Data analytics and auditing software are
Experience of business processes
within the utility sector
Business drivers
Policies and procedures
Risk assessment
Audit management and process flow software
Desired experience for corporate audit includes:
ACA or M.B.A or equivalent preferred
Proficient with Microsoft applications, especially PowerPoint, Word, and Excel
Knowledge of the industry and products preferred
Experience in a Financial Services firm or in public accounting, with an appropriate level of exposure to and involvement with Risk management particularly Credit Risk
At least eight years of experience in a Financial Services or public accounting firm, with an appropriate level of exposure to and involvement with Risk Management particularly Credit Risk
Auditing or Finance experience of 5+ years and experience with team management
Corporate Audit Examples
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Corporate Audit Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of corporate audit. 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 corporate audit
- Demonstrating familiarity with ethical, corporate sustainability, IT governance and financial risk frameworks
- Implementing financial systems project appraisal techniques
- Managing and reporting budgets
- Perform internal audit functions focused on cost saving opportunities
- Interface with outside auditors in connection with year-end company audit and annual benefit plan audits
- Oversee compliance with internal control aspects of inventory control including purchase orders, receiving, vouchering, inventory taking, inventory valuation LIFO/FIFO rules, etc
- Oversee and audit corporate cash management systems, lock box procedures, zero balance BOA cash management system, local petty cash practices, etc
- Oversee remote location financial accounting practices, payables practices, and cash management
- Oversee internal control aspects of corporate travel policy and corporate payroll practices including safeguards intended to prevent irregularities and assurance compliance with corporate policy
- Assist with financial statement analysis as needed
Qualifications for corporate audit
- At least 2 years’ experience managing internal control frameworks at an enterprise level
- Certified Internal Auditor (CIA), Certified Information Systems Auditor
- At least eight years of experience in a Financial Services, consulting, or public accounting firm, with an appropriate level of exposure to and involvement with Risk Management particularly Operational Risk
- Experience with general Information Technology controls reviews corporate sector application functionality reviews
- Three to five years IT Audit experience with a Financial Services, Brokerage Firm or a Public Accounting Firm (with an emphasis on the Financial Services Industry)
- Management and supervision of a portfolio of audits including scheduling of audit assignments
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Corporate Audit Job Description
Job Description Example
Our company is looking to fill the role of corporate audit. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for corporate audit
- Assess the effectiveness of key business processes and implemented controls and make recommendations for improvement
- Establish, maintain and leverage cross-functional relationships, within CAD and to our Audit clients
- Support CAD Management with coordination and administration of engagements
- Contribute to the overall development of the Corporate Audit Department
- Perform financial audits primarily bottling operations in the region as per predetermined annual schedule
- Individual may serve as Team Leader on audits, including special projects and department goals
- Identify risks and draft the audit observation in alignment with Team Lead/ Audit Manager and with business entity and draft the Audit report
- Follow up on high and critical risks reported in previous audits
- Work with management to develop appropriate and practical solutions to findings
- Create high quality work papers consistent with department standards to document information audit testing
Qualifications for corporate audit
- CISA, CISSP and/ or similar certification
- Knowledge of SAP General Ledger or other ERP solutions including data warehouses
- Audit experience with distributed, web-based, and mainframe Systems
- Ability to manage relationships with senior technology managers and business users
- Professional accounting or internal audit designation is required
- Internal or External Audit background preferred
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Corporate Audit Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of corporate audit. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for corporate audit
- Ensure self-development through identification of training needs
- Contribute to planning and development of the annual CCAR and Corporate Treasury audit plan
- Assists in the development and execution of a robust Audit Plan for Capital Markets (Fixed Income and/or Equities), Corporate Functions, Risk Management and/or Foreign Subsidiary Business Segments in accordance with Internal Audit standards, relevant government statutes and regulations
- Directly manage junior audit staff and perform human resource management activities, including identifying performance problems and developing plans for remedial action
- Manage team(s) of audit personnel (including both internal and co-sourced contract professionals) in accomplishing audit plan objectives and goal accomplishments
- Conduct performance reviews for audit staff
- Effectively prepare a well-developed audit approach
- Develops and composes work paper documentation, executive summaries and Audit reports as necessary identifying, defining, and communicating issues and recommendations
- Direct administrative management responsibilities of the Audit staff
- Communicating the results of audits and other related work to appropriate levels of management, using influencing and negotiating techniques to gain support and agreement
Qualifications for corporate audit
- Ability to work in a fast paced, highly complex, results driven environment, and to readily adapt to changes
- Proven experience and competency in relationship management
- Excellent organizational, written and verbal communication skills, ability to converse with management at all levels
- Total competency in teamwork with the ability to coach and mentor others
- Relevant audit experience is desired in the financial services industry
- You will demonstrate your SOX knowledge on internal controls testing for subsidiaries of US-listed entities based in Switzerland and improving controls based audit approaches for entities for non-US listed clients
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Corporate Audit Job Description
Job Description Example
Our company is growing rapidly and is looking for a corporate audit. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for corporate audit
- Enjoy a flexible and collaborative work environment
- Participate in assignments across a variety of lending businesses
- Interact with and gain exposure to senior management
- Loan and Portfolio reviews
- Discussions with internal client contacts to assess and understand relevant risks
- Articulating and quantifying risks inherent within business processes
- Identifying emerging risks and evaluate the need for improved controls
- Drafting reports in a concise and coherent fashion so that management fully understands the nature of business risks and that support the need for change
- Identifying opportunities to improve the team’s effectiveness, including changes to processes and tools
- Participating in the development of skills and competencies of other staff, and if asked, provide effective, balanced and timely performance feedback to staff and peers
Qualifications for corporate audit
- You are a professionally qualified accountant
- Minimum of a Bachelor’s degree in business, accounting, finance, MIS, related field or equivalent experience required
- Must demonstrate practical knowledge or application of the COSO framework demonstrate an understanding of the current corporate governance issues facing companies (e.g., Sarbanes-Oxley)
- Working knowledge of current GAAP, PCAOB and internal auditing standards
- Big4 or mid-tier public accounting firm experience preferred
- CIA and/or CPA preferred
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Corporate Audit Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of corporate audit. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for corporate audit
- Participate in the planning and execution of financial, operational, SOX 404 or IT audits
- Develops annual EHS audit plan in coordination with EHS Section Leader and Site Directors
- Staffs EHS audits
- Adjusts EHS audit plan throughout the year as needed
- Facilitates EHS audits through numerous activities (e.g., maintaining auditor toolkit, scheduling and moderating pre-planning and post audit calls, facilitating review and approval process, adminstrating Corp Audit Module (iCAP))
- Participate and leads EHS audits
- Supports audits of the Celanese Internal Audit team on an as needed basis and shares EHS related information/skills with Internal Auditors where applicable
- Oversee the planning, scheduling, execution and reporting of internal audits
- Determine audit scope, supervise test work, review audit work papers, prepare coaching notes, and ensure notes are satisfactorily closed
- Oversee the planning, scheduling, execution and reporting of Sarbanes-Oxley Act (SOX) – Section 404 testing
Qualifications for corporate audit
- Prepared for a significant amount of travelling (ca
- Minimum seven years of experience in public accounting, banking, Risk Management or internal audit
- Managing employees, either directly or indirectly through audit engagements
- Bachelor’s Degree in Business Administration, Finance, Accounting and a minimum of six (6) years experience in the securities industry as a business analyst or consultant or as an auditor with a certified public accounting firm or an equivalent combination of education, training or experience
- Conducting Basel, Investment or Corporate Treasury (asset/liability management, liquidity risk management, market risk, capital management, enterprise-wide stress-testing, investment portfolio, derivatives, ) audits a plus
- Knowledge of Credit Card or similar underwriting principles