Internal Auditor in West Midlands

What is an internal auditor?

An internal auditor is relied upon to assess how well a company is managing risk. Working as part of the in-house finance team, they use a systematic methodology to explore how well internal processes are working and whether company risk and operations could be improved.

Internal auditor job description and responsibilities

Professionals within this job role act as a moderator for all company accounts, ensuring that they are compliant and that any future risk is identified and managed. Typical internal auditor responsibilities are: Assessing company financial riskSafeguarding assetsGathering and analysing dataChecking the accuracy of financial reportsAuditing the efficiency of business processesEnsuring the business adheres to policies, procedures, legislations and regulationsStakeholder communication

Internal auditor qualifications, skills and experience

Qualification requirements for internal auditing roles are relatively broad and can include any of the following:FinanceEconomicsAccountancyComputingBusiness StudiesOverseas professionals are typically educated to a postgraduate masters level and can undergo a conversion by gaining a CIMA, ACCA or ACA specialist qualification.An in-demand professional will have the following qualities:Good organisationAn excellent eye for detailGood time-keepingThe ability to think objectivelyHigh emotional intelligenceGood verbal and written communication skillsThe ability to form good professional relationships 

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Accounting Functions
Accounting Software Systems
Audit Findings
Audit Program
Audit Reports
Auditing
CobiT
Compliance
DCAA
ERP - Enterprise Resource Planning
Salary for Internal Auditor in West Midlands
49500 - 58163
25th Percentile
49500
Little or no prior experience in the position; still developing relevant skills. Demand: Low
50th Percentile
52718
Some prior experience in the position; has several relevant skills. Demand: Moderate
75th Percentile
58163
Extensive prior experience in the position; has mastered relevant skills. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Chief Financial Officer 123750 168300 202950 Group Finance Director 109148 125235 138600 Finance Director 83408 99000 122265 Shared Service Centre Director 76725 87120 99000 Group Financial Controller 75735 91328 126225 Financial Controller 67073 81180 89348 Finance Manager 52965 61380 65340 Group Accountant 53460 60885 65588 Qualified Management / Financial Accountant 49005 53460 57420 Director of Audit & Risk 86130 90833 103950 Internal Audit Manager 56925 64350 69300 Treasury Manager 64598 71775 77220 Treasury Accountant 49500 53955 60885 Tax Manager 57915 70290 86625 Tax Accountant 49748 54450 60885

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