Purpose of the Role
The Internal Audit Associate/Analyst is a foundational, entry-level position designed for a high-potential individual ready to launch a career in business consulting. The primary purpose is to execute core audit support tasks, quickly learn the firm's audit methodologies, and contribute directly to client engagements under the close guidance of senior team members.
Key Responsibilities
Foundational Audit Execution & Support
- Audit Preparation: Assist the engagement team with the initial preparation phases, including data requests, client communications, and organizing project documentation.
- Control Testing Support: Under the direct supervision of a Consultant or Manager, execute specific, directed testing of internal controls (financial and operational) using techniques such as inquiry, observation, and inspection.
- Work Paper Documentation:Document audit work performed clearly and concisely in work papers, ensuring proper referencing and support for team conclusions, adhering strictly to firm standards.
- Data & Analysis: Support the team by gathering, organizing, and preliminary analysis of large data sets and client source documents.
- Process Documentation: Assist in the initial documentation of client business processes and key controls to support risk assessments.
- Issue Identification: Help identify initial control deficiencies, process inefficiencies, and non-compliance issues and communicate them clearly to the Senior Consultant or Manager.
Professional Learning & Compliance
- Methodology Adherence: Commit to rapidly learning and applying the firm's Internal Audit and risk management methodologies, following all established procedures and professional standards (e.g., IIA Standards, COSO).
- Reporting Assistance: Contribute to the final deliverables by formatting reports and preparing supporting visual aids for client presentations and memorandums.
- Follow-up: Assist in tracking the implementation status of previously reported audit recommendations as directed by the engagement team.
- Time Management: Manage assigned tasks effectively and track time accurately to ensure efficient completion within project timelines and budget goals.
Required Qualifications & Skills
Experience & Education
- Education: Bachelor's or master's degree in accounting, Finance, Business Administration, or a related control-focused field.
- Experience:0 to 1 year of total experience in Internal Audit, External Audit, Accounting, or Risk Management (relevant internships are highly valued and qualify as experience).
