External Auditor Job DescriptionPosted onSeptember 22, 2012byadmin Leave a commentIntroduction:

An external auditor examines the financial statements of any company or an organisation to ensure the financial reporting process transparency. They need to review the retirement funds, plans, non- profits, municipalities and other financial reporting requirements of the organisation. An external auditor needs to avoid the conflicts in the organisation and approach all the engagements with objective mind. He ensures that the operating controls are functional, adequate and up to organisations regulatory requirements, standards, corporate rules and policies. He must display effective and efficient leadership skills and also he should understand the accounting and system control.

Job description:

The main of an external auditor is to provide assistance in the planning of all audit engagements. He coordinates and requests the clients for all the financial materials and records. An external auditor designs, develops and operates the financial information systems, procedures, policies and other system controls to meet all the financial reporting requirements. He needs to manage the staff, assign the workload to auditors and also set the engagement dates. The job of an external auditor is a respected one in the market with lots of reputation and high earnings.

Skill requirements:

Since the job of an external auditor is important in carrying out an audit so there are also several skill requirements associated with the job. Some of them are as follows:

Time management as well as stress management skills.

Leadership qualities in order to monitor and supervise the work properly.

Active listener thus giving full attention to the implications of information for problem solving.

Ability to work for long hours under pressure.

Respectful and self-disciplined.

Mathematical skills to solve problems.

Efficient in decision making and judgement.

Good in system analysis and system evaluation.

Good in quality control enquiry and also must perform a check on if the customer and other staff members needs are fulfilled by the organisation.

Computer skills are also essential.

Proper management of projects and resources.

Well- organised.

Maintain the confidentiality of the organisation data.

Job duties:

Major Job duties of an external auditor include:

Maintain a list of all the employees of the organisation who needs to get interviewed during the audit procedure.

Prepare detailed and complete reports on the audit findings.

Supervise and support the junior employees and enhance their work by providing the required information.

Assigning the workload to the staff and other senior auditors.

Provide the required material during the audit procedure.

Assure accuracy of the work.

Interview the officials of the organisation or a company for ensuring recording of the transactions and other laws of the same.

Provide technical assistance, support and direction to the staff members.

Records the staffs working hour.

Plan and conduct properly managed audits.

Perform other assigned duties properly.

Work conditions:

The job of an external auditor is to plan and conduct a properly managed audit in companies and government organisations. He provides constructive work environment to the entire staff. An external auditor needs to go out with the entire auditing team for conducting the audit and thereafter prepare a complete report on the financial activities of the organisation, in their office using the computer.

Tips for a good job:

Must ensure the compliance of the policies, procedures and other rules and regulations.

Be honest towards his job.

Prepare an efficient report on the financial activities of the organisation or company.

Position Description: BookkeeperBasic Function:The bookkeeper position creates financialtransactionsand creates financial reports from that information. The creation of financial transactions includes posting information to accounting journals or accounting software from such source documents asinvoicestocustomers,cashreceipts, andsupplierinvoices. The bookkeeper also reconcilesaccountsto ensure their accuracy.Principal Accountabilities:1. Purchase supplies and equipment as authorized by management2. Monitor office supply levels and reorder as necessary3. Tag and monitorfixed assets4. Pay supplier invoices in a timely manner5. Take all reasonable discounts on supplier invoices6. Pay anydebtas it comes due for payment7. Monitor debt levels and compliance with debtcovenants8. Issue invoices to customers9. Collect sales taxes from customers and remit them to the government10. Ensure thatreceivablesare collected promptly11. Record cash receipts and make bank deposits12. Conduct a monthlyreconciliationof every bank account13. Conduct periodic reconciliations of all accounts to ensure their accuracy14. Maintain thepetty cashfund15. Issuefinancial statements16. Provide information to the external accountant who creates the companys financial statements17. Assemble information for external auditors for the annualaudit18. Calculate and issue financial analysis of the financial statements19. Maintain an orderly accounting filing system20. Maintain thechart of accounts21. Maintain the annualbudget22. Calculate variances from the budget and report significant issues to management23. Comply with local, state, and federal government reporting requirements24. Process payroll in a timely manner25. Provide clerical and administrative support to management as requestedDesired Qualifications:The bookkeeper candidate should have an Associate's degree in accounting or business administration, or equivalent business experience, as well as a knowledge of bookkeeping and generally accepted accounting principles. Preference will be given to candidates with a working knowledge of the _____ accounting software package.This financial auditor sample job description can assist in your creating a job application that will attract job candidates who are qualified for the job. Feel free to revise this job description to meet your specific job duties and job requirements.Financial Auditor Job Responsibilities:Protects assets by planning and completing financial audits; identifying inadequate, inefficient, or ineffective internal controls; recommending improvements.

Financial Auditor Job Duties: Plans financial audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations; identifying risk areas; preparing audit scope and objectives; preparing audit programs. Assesses compliance with financial regulations and controls by executing audit program steps; testing general ledger, account balances, balance sheets, income statements, and related financial statements; examining and analyzing records, reports, operating practices, and documentation. Assesses risks and internal controls by identifying areas of non-compliance; evaluating manual and automated financial processes; identifying process weaknesses and inefficiencies and operational issues. Verifies assets and liabilities by comparing and analyzing items and collateral to documentation. Completes audit work papers and memoranda by documenting audit tests and findings. Communicates audit progress and findings by providing information in status meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports. Improves protection by recommending changes in management monitoring, assessment, and motivational practices, in the internal control structure, and in operating processes; identifying root causes. Supports external auditors by coordinating information requirements. Provides financial control information by collecting, analyzing, and summarizing data and trends. Protects organization's reputation by keeping information confidential. Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. Contributes to team results by welcoming new and different work requirements; exploring new opportunities to add value to the organization; helping others accomplish related job results as and where needed.Financial Auditor Skills and Qualifications:Audit, Financial Skills, Financial Diagnosis, Analyzing Information , Research Skills, Reporting Research Results, Verbal Communication, Integrity and Trust, Project Management, Attention to Detail, Objectivity