The role of an auditor is to review company accounts, by either working internally or externally, making recommendations for improvement. Internal auditors could expect to examine the practices within a company, while an external auditor could expect to analyse and interpret figures, assessing risk among other things.
Who can I work for?
Many businesses are in need of auditors and by law every company must have one, so work should be fairly easy to find. Most jobs for auditors can be found in corporate accountancy firms, although jobs are available in smaller companies too.
Where and when can I work?
Most auditors are office-based, although it is necessary for them to travel occasionally, spending some nights away from home. Normal working hours are 9am to 5.30pm, although overtime is often available when deadlines are on the horizon.
What can I earn?
When working as an auditor, you could expect your salary to be in the region of £18,000 to £25,000, with those more qualified earning £30,000 to £45,000.
What are the benefits?
Senior auditors can earn £50,000 to £70,000, and director and partner salaries within large accountancy firms can be as much as £100,000 or above; gaining experience really does pay off.
Are there chances of promotion?
When working as an auditor, there is plenty of opportunity to be promoted, especially once you have qualifications under your belt or have undertaken exams.
Do I need any experience?
Experience will really help you to get into an auditing role, especially if you've been accepted on to an accountancy training scheme or have undertaken work experience within an accountancy firm.
What attributes are needed?
Being successful within an auditing role requires you to have a logical mind and a range of specialist skills, such as an impressive maths ability, accurate time management, the ability to manage your own tasks and a good knowledge of financial systems. The ability to co-ordinate, delegate and be willing are also beneficial.