The audit staff reports to the manager or the partner of the organization. Audit staff responsibilities include the preparation and maintenance of the financial reports, examining the profit and loss, deriving conclusions based on the reports, and making the necessary recommendations. Evaluation and analysis of the financial data and verification of general ledger entries are some of the basic functions.
Key Responsibilities of Audit Staff
To excel in the field of auditing you must first be well-acquainted with the key responsibilities handled by the audit staff. The audit staff plays an important role in identifying, prioritizing and measuring the risks involved in an organization. Here is a detailed description of basic responsibilities of audit staff:
- Efficiently handle the auditing of the financial statements of the client
- Must be able to take on the responsibility of performing various auditing procedures under a senior’s supervision by applying the current auditing principles and accounting procedures
- Interact with the clients and the internal employees to increase the efficiency of the team
- Ensure audits are in compliance with the company’s rules and regulations
- Maintain complete confidentiality of the financial matters of the organization and the client
- Conduct detailed research on audit issues and analyze the results of audit work
Required Experience
- Bachelor’s Degree in Accounting or similar and minimum 7 years of related experience
- Strong computer skills
- Exceptional communication skills
- Must be highly organized and capable of managing multiple tasks in a complex, dynamic environment
- Strong interpersonal, analytical, and problem-solving ability
Beneficial Experience
- Public Accounting experience
- Knowledge of CCH products – Axcess and Engagement
- CPA preferred, but not required