Career Information > BFSI > Auditor

Last Updated on :16/10/2023
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Auditor

Aliases: Liquidator, Arbitrator

Industry/Sector(s): BFSI


JOB DESCRIPTION 1

The tasks an Auditor is expected to perform include:

  • Examining account books and records of business establishments, private institutions, Government or quasi government offices
  • Scrutinizing bills, vouchers and relevant entries in cashbooks
  • Verifying ledger entries against receipts for cash payment
  • Checking arithmetic total for accuracy and counting cash
  • Representing tribunals before employees, courts, etc. to clarify points regarding financial matters of companies
  • Certifying financial statements as and when required by court of law or other authorities
  • Advising new or prospective firms in matters of account rules, taxation and procedure to be followed
  • Reporting to appropriate authority about irregularities in accounts and cases of losses of money, improper expenditure, etc.
WORK ENVIRONMENT 1, 2
  • It is a desk job
  • Need not handle a team
  • Local travelling is not a part of this job role
  • Part-time work and contractual jobs are available
  • Work from home option is not available
Working hours
  • Organizations usually work for 5/6 days a week and 8/9 hours everyday. This may vary from organization to organization
  • Shift system is not available
  • Overtime may be required
Is the job suitable for a candidate with special needs?

This job is suitable for candidates with One Arm (OA), One Leg (OL), Both Leg (BL) and those who have their Hearing Impaired (HH)
This may vary from organization to organization

EDUCATIONAL QUALIFICATIONS AND TRAINING 3

Preferably, CA qualified

KEY COMPETENCIES 1
  • Proficient in examining account books and records
  • Knowledge of scrutinizing bills​, vouchers and relevant entries in cashbooks
  • Proficient in checking arithmetic total
  • Adept at conducting test checks for proper observance of accounts procedure
DESIRABLE COMPETENCIES 1
  • Strong analytical skills
  • Attention to details
AVAILABLE SKILL TRAINING AND LEARNING INSTITUTES 

Chartered Accountant institutes across India

AVAILABLE SKILL TRAINING SCHEMES/SCHOLARSHIPS 


SAMPLE OF TRAINING AND LEARNING COURSES 

http://www.icai.org/post.html?post_id=7606

CAREER PROGRESSION PATH 1

Manager - Audit

        ↑

Senior Executive - Audit

        ↑

Executive - Audit

        ↑

Auditor

        ↑

Audit Clerk

The progression is indicative

EXPECTED EARNINGS 4
  • For new entrants - Rs 11,000 to Rs 18,000 per month
  • For candidates with experience - Rs 30,000 to Rs 60,000 per month

These figures are indicative and subject to change

REQUIRED WORK EXPERIENCE 3

Generally, 1 - 3 years of experience required

PROBABLE EMPLOYERS 4, 3
  • Self-employed
  • Banks
  • Chartered accountant firms
  • Non-banking financial units
KEYWORDS 
  • Arbitrator
  • Internal Auditor
  • External Auditor
OCCUPATIONAL CODES AND STANDARDS 
StandardCodeDescription
NCO 20152411.0200Auditor
ISCO 20082411Accountants
NIC 200869201Accounting, bookkeeping and auditing activities
QP ReferenceNot availableNot available
NSQFNot availableNot available
REFERENCES 
1National Classification of Occupations Division 2
2http://www.ccdisabilities.nic.in/page.php?s=reg&t=def&p=list_jobsNew​
3

http://www.payscale.com/research/IN/Job=Auditor/Salary

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