SoSo Professionals Consult is a professional services firm engaged in Audit, Tax, Consulting and Training services.
- Auditors perform (internal) financial and risk management audits and independent statutory (external) financial audits of commercial and public sector organizations.
- Auditors assess local and central government departments with the aim of improving efficiency and effectiveness.
- What does an auditor do?
- Auditors are specialists who review the accounts of companies and organizations to ensure the validity and legality of their financial records. They can also act in an advisory role to recommend possible risk aversion measures and cost savings that could be made.
- Auditors work in the accounting departments of a huge range of firms and with independent chartered and certified firms, examining the money going in and out of organizations and making sure it is recorded and processed correctly.
Key activities include:
- Collating, checking and analyzing spreadsheet data
- Examining company accounts and financial control systems
- Gauging levels of financial risk within organizations
- Checking that financial reports and records are accurate and reliable
- Ensuring that assets are safeguarded
- Identifying if and where processes are not working as they should and Advising on changes to be made
- Preparing reports, commentaries and financial statements
- Liaising with managerial staff and presenting findings and recommendations
- Ensuring procedures, policies, legislation and regulations are correctly Followed and complied with
- Undertaking reviews of wages.
- Auditors work typical office hours from 9.00 am to 5.00 pm, Monday to Friday. They may need to work extra hours or during the weekend to meet deadlines, particularly during tax audits.
- Auditors sometimes travel to meet clients and visit factory or warehouse locations in order to make stock and equipment checks.
Qualifications and training required
- There are routes into a career in audit for both university graduates and school leavers, though routes differ depending on whether you are aiming for internal or external audit.
- External auditors must first qualify as chartered accountants with a professional accounting body.
- Achieving qualifications can take three to five years but you will work while studying. Employers often provide financial help with exams and allow time for study leave.
- Internal auditors do not have to qualify as accountants, though it could be helpful. Graduates can have a degree in any discipline but subjects such as accountancy, economics and IT are particularly beneficial. School leavers can enter the profession by starting as a trainee auditor and completing on-the-job training in order to progress.
Key skills for auditors
- Self-motivation, determination and confidence
- Ability to divide your time between work and study
- Meticulous attention to detail
- A strong aptitude for maths
- Excellent problem-solving skills
- A keen interest in the financial system
- Ability to work to deadlines, under pressure
- Ability to work on your own initiative and as part of a team
- Strong IT skills
- Excellent interpersonal and communication skills, including good presentation and report writing skills.
- BSc / HND Accounting or any other discipline.
- ACCA or ICAN qualified.
- Fresh graduates are encouraged to apply.