The internal audit director works with internal company resources and employees to evaluate and optimize financial functions. This includes creating reports on risks across various departments, conducting internal audits, coordinating between departments, and establishing quality assurance standards; all of these tasks must be performed efficiently without impairing operations and documented in reports that may be used to address potential problems. They work directly with employees throughout the company and communicating findings to management, and they may coordinate with subordinates within their department. To optimally perform the duties of this position, the internal audit director must keep up with the latest trends and developments within their industry and profession. Internal audit directors typically work in an office environment during regular business hours, although overtime may be required depending on deadlines and the needs of the business.
Internal Audit Director Tasks
Enforce compliance with company policies for risk assessment and financial controls.
Conduct reviews to identify financial and business risks, and implement appropriate controls.
Develop strategies and procedures for carrying out internal audits.
Oversee external audits, organizing paperwork and making sure audits are finished on schedule.