Associate Internal Auditor Responsibilities

An associate internal auditor is a person who helps in the evaluation of finances of an organization. He makes sure that the internal procedures are legally apt and prove profitable for the organization. His main function is to evaluate the internal functions, processes and policies in accordance with company standards. Although the post of an internal auditor is high and respectable; still he is required to report his activities to the head auditor or to the board of directors as applicable in different organizations. The associate internal auditor is supposed to give orders to his subordinates regarding the kind of work they are supposed to do.

Generally, he conducts meetings and presentations explaining the other employees what their roles and duties in the organization would be and how should they work. The associate internal auditor also plays a vital role in the recruitment of the new employees, he makes sure that the person employed is perfect for the work, hard working and has a complete know how of how things work in auditing industry.

Associate Internal Auditor Responsibilities in detail

As explained above, the associate internal auditor has to perform various duties so that the company's functions can take place systematically. Some of the major responsibilities of the associate internal auditor are given below in detail:

• The associate internal auditor looks after the finances, assets, incomes, expenses and investments of the organizations. He should be accurate while doing all the calculations and assessments

• Another major responsibility of the associate internal auditor is to assign tasks to the employees so that the right person does the right work and the working of the company is smooth

• He makes reports regarding the pros and cons of the audits. He also gives suggestions to the board of directors as to how the audits can be made better so that the company makes profits

Skills of associate internal auditor

Skills are much required for the post of associate internal auditor as he has to take care of a lot of activities going on in the organization. He should have good managerial abilities and patience to carry out huge amount of work with ease. Some of the major skills of the associate internal auditor are given below:

• The associate internal auditor should have good knowledge of the computer. He should have a clear understanding of the computer system and various languages that are used. The associate internal auditor is required to have a clear understanding of the technologies on which the computers work and how can the auditing work be done on computers

• Another major skill that should be present in a successful internal auditor is good communication skill. He should be able to communicate with his subordinates and superiors effectively. Through good communication skills he can easily convey his message to his subordinates and can give suggestions on how the work should be performed actually

• He should have in depth knowledge of the basic auditing. He should be well versed with the auditing function as it is the basic function of the associate internal auditor

• The associate internal auditor should have excellent leadership qualities as he is required to lead a lot of teams. He should be able to train them on various topics, conduct meetings from time to time so as to explain them how the work of an auditor is done and how financial auditing should be performed

Academic qualifications of an associate internal auditor

The associate internal auditor has to be highly qualified to carry out the functions and duties he is supposed to follow. He should have in depth knowledge of finance and accounting. The academic qualifications of the associate internal auditor are given below:

• Bachelors degree in any field
• Post graduate degree in a field related to business Masters of Business Administration (Finance/Accounting)
• A prior work experience of at least 4 years in the same field

Career opportunities for an associate internal auditor

The associate internal auditor is responsible for maintaining the records of the finances of the organization and thus his job requires a lot of hard work and sincerity. Only a person who is dedicated toward his job and laborious can afford to do the work associated with the associate internal auditor. He might get promoted to the post of internal auditor if he is exceptionally good in his work. He might also try in other big financial organizations for the same post or the higher post if he thinks he fulfills all the requirements of that organization. This job is challenging but at the same time it is rewarding if done with dedication.