Internal auditors will be familiar with the key roles that they play in the financial departments of their companies, namely, analysing the financial processes of the firm and gathering data from management and other employees.
The relationship between the internal auditor and the board of directors is key one. The person in this role must persuade the board to carry out any changes in company policy, as well as amending any employee responsibilities
Therefore, negotiation is among the key skills essential for the position. However, the role requires the auditor to remain amenable and professional throughout. Computer skills are also vital, in order to prepare reports and present information to business executives within the company
In addition to a bachelor’s degree, the position usually requires further professional qualifications, such as those from ACCA, CIPFA or CIMA. Qualified professionals can expect to earn between £26,000 and £35,000, with the best packages located in London. In addition, packages offered to those still studying are quite generous, with London salaries up to £23,000.