financial auditor
Code 2411.1.7
Financial auditors collect and examine financial data for clients, organisations and companies. They ensure the financial data is properly maintained and free of material misstatements due to error or fraud, that it adds up, and functions legally and effectively. They review lending and credit policies or numbers in databases and documents, evaluate, consult and assist the source of the transaction if necessary. They use their review of the client's financial governance as assurance to give testimony to the shareholders, stakeholders and board of directors of the organisation or company that all is up to par.
Essential skills
Knowledge
- corporate law
- financial analysis
- accounting entries
- accounting
- economics
- accounting department processes
- financial department processes
- accounting techniques
Skills and competences
- control financial resources
- develop audit plan
- inspect tax returns
- interpret financial statements
- obtain financial information
- arrange audit
- pose questions referring to documents
- prepare financial auditing reports
- conduct financial audits
- check accounting records
Transversal competences
- analyse financial risk
- observe confidentiality
- present reports
- monitor banking activities
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What to assess for this role
Technical knowledge can be verified with tests and references. What never shows up on a CV are the transversal competences, and they explain most failed hires. Before closing, it pays to measure them with a standardised battery.
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Sources
This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences