Roles and tasks of the Auditor
The roles and missions of an auditor are varied and include a large number of responsibilities:
- Checking and evaluating the company's internal control systems and procedures to ensure that they comply with applicable laws and regulations and are effective.
- Preparing reports on existing risks, controls and procedures and recommending solutions to improve risk management.
- Reviewing the company's financial statements and annual accounts and preparing reports on their performance and compliance.
- Collecting and analysing documents and financial data to detect irregularities and errors and informing management of the results.
- Ensuring that transactions and budget costs are justified and comply with company procedures.
- Testing software and IT systems to ensure that they comply with company standards and are secure.
- Identifying and assessing operational risks and their potential impact on the business.
- Keeping company policies and procedures up to date and properly documented.
- Participate in meetings and round tables to gather information about the business and its procedures.
- Participate in additional projects and special assignments that may be assigned by management.
An Auditor plays an important role in the management of the company and its finances and can help prevent and detect fraud and improve the transparency of financial information. To ensure the success of an Auditor, it is important that he or she is capable of analysing and interpreting financial data, communicating clearly and effectively, and understanding the financial situation.
Auditors' salaries and career development
Auditors' salaries vary according to professional experience. Those starting out can earn between €20,000 and €40,000 gross per annum, depending on their level of qualification and skills. With experience, it is possible to reach much higher salaries. Here is a list of gross annual salaries in France for auditors, broken down by years of experience:
- 0 to 2 years: between €20,000 and €40,000 gross per annum
- 2 to 5 years: between €30,000 and €50,000 gross per annum
- 5 to 10 years: between €40,000 and €60,000 gross per annum
- 10 to 15 years: between €50,000 and €80,000 gross per annum
- More than 15 years: between €70,000 and €100,000 gross per annum
Auditors can also choose to specialise or pursue a career in different professions. Here is a list of 5 possible career paths for an auditor:
- Chartered accountant
- Financial director
- Head of financial security
- risk and internal control manager
- Financial data analyst