What does a finance auditor do?

An auditor supervisor is a financial professional who manages a staff of audit professionals and controls consulting engagements that evaluate the management and operating practices of a corporate. This supervisor is required to supervise audit planning and fieldwork as well as communicates findings and recommendations to senior management. To ensure that audit staff follows the department's methodology, the supervisor must supervise the audit staff and review their automated audit work papers. The supervisor must also ensure that reviews are following the standards of the corporate audit department and the Institute of Internal Auditors (IIA).

These skill sets are where the common ground ends though. The responsibilities of a finance auditor are more likely to require skills like "financial services," "risk management," "acls," and "sql." On the other hand, a job as an auditor supervisor requires skills like "excellent interpersonal," "internal controls," "night audit," and "front desk." As you can see, what employees do in each career varies considerably.

An audit manager is responsible for the complete audit process of finances in an organization. They work for banks and report directly to the audit committee. Based on findings gathered, a financial institution can gain vision into their variance and overall performance. They are also responsible for scheduling audits, initiating departmental audits, consolidation, and analysis of audit reports, and reviewing accounting procedures. Moreover, part of their tasks is to create audit finding presentations to be presented to the audit committee. It requires a high amount of accountability to be an effective audit manager.

In addition to the difference in salary, there are some other key differences worth noting. For example, finance auditor responsibilities are more likely to require skills like "acls," "financial data," "sql," and "financial analysis." Meanwhile, an audit manager has duties that require skills in areas such as "client relationships," "strong project management," "audit services," and "client management." These differences highlight just how different the day-to-day in each role looks.

A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.

The required skills of the two careers differ considerably. For example, finance auditors are more likely to have skills like "cpa," "audit findings," "risk assessments," and "audit reports." But a senior finance consultant is more likely to have skills like "project management," "shared services," "financial performance," and "client relationships."

Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.