The job of an Internal Auditor involves analyzing business activities, procedures and processes to ensure company goals are met. They recommend solutions to organizational problems, ensure compliance with policies, and advise management and other employees within a company on how they could execute their tasks more effectively.
Education/Experience Requirements A successful candidate must possess a bachelor’s degree in finance, accounting, business administration or a similar field. Most companies prefer those with auditing experience or a master’s degree in business administration. Many auditors also become a Certified Public Accountant (CPA) to advance their careers.
Skills Strong analytical and problem-solving skills, effective written and verbal communication skills, interpersonal skills, organizational and multi-tasking skills, sound judgment and proficiency in technology tools and systems. He/she should also be detail-oriented, observant and has the ability to deal with sensitive issues and information.
Specific work elements Examining financial records, internal controls and information storage systems; evaluating management operations and procedures; evaluating company records to ensure compliance with standard operating procedures; and reviewing records related to cost, taxes and expenditures to ensure the company has a solid financial foundation.