Internal Audit Specialist

2 weeks ago


California, Missouri, United States Amcaauditing Full time
Position Overview:
Amcaauditing is seeking a qualified CPA/CA/ACCA for the role of Financial Auditor. The ideal candidate should possess a minimum of 1-2 years of relevant experience.

Key Responsibilities:


1. Develop audit plans by gaining a comprehensive understanding of the organization's goals, structure, policies, processes, internal controls, and external regulations; identifying potential risk areas; and establishing audit scope and objectives.

2. Evaluate adherence to financial regulations and controls by executing audit program steps; testing general ledger entries, account balances, balance sheets, income statements, and related financial documents; reviewing and analyzing records, reports, operational practices, and documentation.

3. Assess risks and internal controls by pinpointing areas of non-compliance; reviewing both manual and automated financial processes; identifying weaknesses and inefficiencies in processes and operational issues.

4. Complete audit documentation by recording audit tests and findings in work papers and memoranda.

5. Communicate audit progress and findings through status meetings; highlighting unresolved issues; reviewing working papers; and preparing comprehensive final audit reports.

6. Enhance organizational protection by recommending improvements in management monitoring, assessment, and motivational practices, as well as in the internal control framework and operational processes; identifying root causes of issues.

7. Assist external auditors by coordinating necessary information.

8. Provide financial control insights by gathering, analyzing, and summarizing data and trends.

9. Safeguard the organization's reputation by maintaining confidentiality of information.

10. Stay updated on industry knowledge by engaging in educational opportunities; reading professional literature; maintaining professional networks; and participating in relevant organizations.

11. Contribute to team success by embracing new and diverse work requirements; exploring opportunities to add value to the organization; and supporting colleagues in achieving related job outcomes.

12. Collect and analyze data to identify deficiencies in controls, duplicated efforts, wastefulness, fraud, or non-compliance with laws, regulations, and management policies.

13. Prepare detailed reports outlining audit findings.

14. Review data concerning material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.

15. Supervise audits of establishments and determine the necessary scope of investigations.

16. Prepare, analyze, and verify annual reports, financial statements, and other records using accepted accounting and statistical methods to evaluate financial health and facilitate financial planning.


Qualifications:
Proficient knowledge of Audit Standards, Rules, and Methodologies.


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