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The position of an auditor is a crucial one for every company when the role is that of a senior auditor, the responsibilities become more critical in nature. Such professionals ensure and report, train and answer. Their role involves a lot of interaction. They make sure that the daily operations of an accounting firm function smoothly and report their activities to the senior management like the supervisor or director. The training of the students and candidates at the intermediate level certification is the responsibility of a senior auditor. Clients may have different questions related to accounting. So, who will fulfil their queries? The answer is senior auditors. Duties - After going through the introductory paragraph, you must have acquired a basic idea about the job duties of a senior auditor. In the following, there is a detailed discussion of the functions of these professionals: · Analysing and controlling vouchers/proceeding with poster · Ensuring that the balance of the accounts (receivable and payable) is correct · Performing audits or bank reconciliations · Preparing tax reports · Tracking the cash scenario and making forecasts · Assisting clients on their selection of the right accounting information system and also, in the proper handling of data · Performing month-end accounts entries and generating monthly statements · Planning the operations that lead to the annual account auditing · Executing tasks according to the planning · Analysing salaries and assets · Carrying out the closing of accounts · Preparing financial statements and tax statements · Preparing audit file All these are involved in the job profile of a senior auditor. The responsibilities vary according to the size of the company and the nature of the project. If the organisation is large, you better be ready to handle a wide range of duties. Commensurate educational qualifications and skills are required to fulfil these tasks successfully. Education - In order to be an auditor, you need at least, a bachelor’s degree in accounting or in a related discipline. The position in question here is a senior one. That is why, a master’s degree in accounting or in a relevant subject is needed to progress to the senior role. Skills - Once you have obtained the degrees, it is time to earn an accounting designation like that of a certified public accountant. While you are involved in a job, you can obtain the designation. Accounting, technical and communication skills are the three most important skills required for this job. Put in your best efforts to be adept at 1. Acomba and Fortune 100 (main accounting) 2. Caseware, Caseview, Taxprep and Ctrl (audit and tax solutions) 3. Quebec Apart from these, you are required to demonstrate excellence in time management, multi-tasking and organisational ability, capability for planning, discipline, self-reliance and ethics. Strong interpersonal qualities are also essential. Working conditions - The work of a senior auditor is office-based although, travelling to other locations at frequent levels is natural. Schedules are hectic and working late on weekdays and also, over the weekends are common for these professionals. Salary – Pay package is proportionate to the efficiency and experience of professionals. The annual average salary of a senior auditor is somewhere between £55,000 and £70,000. The amount exceeds when the bonus is added. Large companies offer job benefits other than the bonus to their auditors. What about career growth? If you combine good professional skills and innate characteristics that are necessary for the job, you will be able to land up with a good job. Counting on this excellent combination, you can come across many career advancement opportunities. Once you have gathered years of experience, you can be promoted to the position of supervisor or director. You also have the option to shift to private practice. Author Bio Lisa Wordsworth is a legal recruitment advisor. She has her own blogs where she deals with topics like compliance jobs, career advice and so on. While writing on these topics she takes inspiration fromBarclay Simpson Dubai. Summary You have ventured into a career in auditing and your long-term goal is to hold the position of director. But before that, you have to be a senior auditor at first.
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