What is a Lead Auditor doing? Job description and responsibilities

What does a Lead Auditor do?

The Lead Auditor is responsible for planning and executing audits to ensure that the organization complies with legal and regulatory requirements, as well as accepted best practices. The Lead Auditor will collaborate with internal and external stakeholders to assess operational processes and financial information, as well as to identify and communicate possible areas of risk and control. This position requires a high level of attention to detail and excellent communication skills. The successful candidate will be a highly motivated individual with a strong sense of accountability and the ability to work independently.

Responsibilities of Lead Auditor

1. Plan, develop and execute audit plans for the organization, ensuring that the audit process is conducted in a timely and efficient manner.

2. Assess risk areas in the organization and recommend controls and procedures to minimize risk.

3. Prepare audit reports outlining findings, observations and recommendations.

4. Review and evaluate the effectiveness of management controls and internal procedures.

5. Monitor compliance with applicable laws and regulations.

6. Train and mentor audit staff in audit techniques and processes.

7. Develop and maintain relationships with external stakeholders such as regulators and auditors.

8. Prepare and review audit work-papers and support documentation.

9. Collaborate with other departments to ensure the integrity of audit information.

10. Provide guidance and support to the management team on audit and compliance matters.