Associate Internal AuditorJob Description

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Job Title: Associate Internal Auditor

Location: Chicago, IL / Hybrid

Type: Full-time

About the Role:

We're seeking a detail-oriented Associate Internal Auditor to join our growing team. You'll conduct audits, assess internal controls, and collaborate with stakeholders to enhance risk management processes.

Key Responsibilities:

  • Perform internal audits across various business units
  • Evaluate effectiveness of internal controls and procedures
  • Document audit findings and prepare detailed workpapers
  • Identify control deficiencies and compliance gaps
  • Conduct risk assessments and develop audit plans
  • Test financial and operational controls for accuracy
  • Assist in monitoring regulatory compliance requirements
  • Communicate audit results to management and stakeholders

Perks:

  • Competitive salary and performance bonuses
  • Professional development and CIA certification support
  • Flexible hybrid work arrangement
  • Comprehensive health and retirement benefits

Associate Internal Auditor Responsibilities

Hiring a associate internal auditor? Here's what you can expect them to handle:

  • Execute audit procedures and analyze financial data
  • Assess internal controls and identify process weaknesses
  • Prepare audit workpapers and document findings
  • Conduct risk assessments for audit planning
  • Test compliance with policies and regulations
  • Collaborate with process owners on improvement recommendations
  • Monitor remediation of audit findings
  • Support senior auditors on complex audit projects
Associate Internal Auditor Job Description

Qualifications to Be a Associate Internal Auditor

Here's what a solid candidate typically brings to the table:

CheckmarkBachelor's degree in Accounting, Finance, or related field
Checkmark0-2 years internal audit or accounting experience
CheckmarkUnderstanding of internal controls and risk management
CheckmarkKnowledge of audit methodologies and standards
CheckmarkStrong analytical and problem-solving abilities

Associate Internal Auditor Prerequisites

Before you even think of hiring, make sure your candidates have:

CheckmarkProficiency in Microsoft Excel and data analysis
CheckmarkExcellent written and verbal communication skills
CheckmarkDetail-oriented with strong organizational skills
CheckmarkAbility to work independently and collaboratively
CheckmarkWillingness to pursue CIA or related certifications

Associate Internal Auditor Hard Skills

The “must-haves” on every recruiter's checklist:

CheckAudit Software: ACL Analytics, TeamMate
CheckData Analysis: Excel, Tableau, Power BI
CheckERP Systems: SAP, Oracle, Microsoft Dynamics
CheckFinancial Reporting: GAAP, IFRS standards
CheckRisk Assessment: COSO framework, SOX compliance
CheckDatabase Tools: SQL, Access
CheckDocumentation: Microsoft Office Suite, SharePoint
CheckProcess Mapping: Visio, Lucidchart

Associate Internal Auditor Soft Skills

Tech skills get them in the door—soft skills help them stick around.

CheckEffective communication and presentation abilities
CheckCritical thinking and analytical reasoning
CheckAttention to detail and accuracy
CheckProfessional skepticism and objectivity
CheckRelationship management and collaboration
CheckAdaptability to changing priorities
CheckTime management and organization
CheckEthical judgment and integrity

Frequently Asked QuestionsAbout Associate Internal Auditor Hiring

Associate Internal Auditor is typically an entry-level role requiring close supervision, while Staff Auditor implies slightly more independence. Both perform similar audit tasks, but Staff Auditors may handle moderately complex assignments with less oversight. The titles are often used interchangeably depending on organizational structure.

Yes, candidates with finance, business analytics, or risk management backgrounds can succeed with proper training. Look for strong analytical skills, attention to detail, and willingness to learn audit methodologies. On-the-job training and mentorship can bridge technical gaps for motivated candidates.

Balance both, but emphasize soft skills like communication and critical thinking for entry-level roles. Technical audit skills can be taught through training and experience. Strong interpersonal abilities and professional skepticism are harder to develop and crucial for stakeholder engagement.

Present a case study involving control weaknesses or compliance issues and ask them to identify risks and recommend solutions. Evaluate their analytical approach, attention to detail, and communication clarity. Request examples of data analysis or problem-solving from academic or previous work experience.

Watch for lack of attention to detail, poor communication skills, or inability to explain analytical thinking. Candidates who can't demonstrate ethical judgment or professional skepticism may struggle. Resistance to feedback or inability to work collaboratively with diverse teams is concerning for audit roles.

Tools and Programs Associate Internal Auditor Use

Here's what their digital toolbox might look like:

Audit Management

TeamMateAuditBoard

Analytics Platforms

ACLIDEA

Spreadsheet Software

ExcelGoogle Sheets

Visualization Tools

TableauPower BI

Collaboration

Microsoft TeamsSlack

Documentation

SharePointConfluence

ERP Systems

SAPOracle

Project Management

AsanaMonday.com

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