Find out the top 10 core skills you need to master as an internal review and audit compliance and what hard skills you need to know to succeed in this job.
An internal review and audit compliance manager is the overall overseer in the matters concerning the company's auditing processes, and they evaluate the internal review and auditing procedures to ascertain they comply with the relevant standards. He/she also works closely with internal reviewers and auditors to ensure the process is transparent and follows the laid down standards.
Other specific duties carried out by a professional in this capacity include identifying specific issues in the internal review and audit reports, which can make the firm to be penalized or be sued, making sure the internal audit report is completed in time and reviewing the organizational reports for completeness. Lastly, they maintain the audit reports and other related information as well as overseeing external auditors to make sure they conduct the process as necessary.
Core Skills Required to be an Internal Review and Audit Compliance
Core skills describe a set of non-technical abilities, knowledge, and understanding that form the basis for successful participation in the workplace. Core skills enable employees to efficiently and professionally navigate the world of work and interact with others, as well as adapt and think critically to solve problems.
Core skills are often tagged onto job descriptions to find or attract employees with specific essential core values that enable the company to remain competitive, build relationships, and improve productivity.
An internal review and audit compliance should master the following 10 core skills to fulfill her job properly.
Written Communication involves the interaction that makes use of the written word with precision and logic making it the very common form of business communication.
An Internal Review and Audit Compliance must necessarily learn and stay updated on effective written communication skills that involve the construction of a logical argument, note taking, editing and summarizing as well as incorporating new ways of writing presentations.
Judgment is the ability to make a decision or form an opinion wisely especially in matters affecting action, good sense and discretion.
An Internal Review and Audit Compliance must be a person of good judgment with the ability to make the right decision at the right time and for right reasons especially in prioritizing the work correctly to focus on a few important things and ensure excellent results are delivered.
Multi-Tasking allows one to juggle and perform more than one task at a time without losing track of what you are working on or dropping the ball.
An Internal Review and Audit Compliance must learn the trick of multitasking and help the staff balance the competing demands of their time and energy that they are expected to handle multiple priorities every day without compromising on the effectiveness of the work done.
Empathy is the understanding of another person's condition from their perspective by placing yourself in their shoes and feeling what they are feeling.
An Internal Review and Audit Compliance ought to practice empathy with his staff by learning to be a good listener and understanding what his employees are going through and choosing to feel it with them through the use of imagination and accommodate them.
Personal Accountability is the feeling that you are entirely responsible for your actions and consequences taking ownership without blaming others.
An Internal Review and Audit Compliance should provide a list of duties and responsibilities that every employee is expected to perform and define timelines and supervisors who oversee the work to ensure each knows what she /he should do and remain accountable without passing blame.
Personal Commitment is an obligation that you have voluntarily agreed to fulfill without being cajoled or threatened and are willing to be held accountable for the results.
An Internal Review and Audit Compliance ought to understand that though adopting new policies and procedures will be met with resistance, the approach by which safety standards are implemented and enforced influences employee's attitudes and commitment towards the organization.
Practical Thinking is the skill to think creatively about projects or work that requires your full attention to be completed and to bring great results.
An Internal Review and Audit Compliance must ensure the decisions he makes are well sought after using professional characteristics for employees with high-level responsibilities to feel included and to allow growth for everyone in a constantly changing world that requires creativity.
Goal and Objective Setting:
Goal and Objective Setting is the strategic plan that is set and laid down identifying how goals should be accomplished, by who and by what time.
An Internal Review and Audit Compliance must detect and schedule each employee's goals, strategy, and objectives and keep motivating them to ensure all of them are met within the set time bringing growth to both the company and the employee.
Organizational Skills is the ability to make use of time, energy and resources available in the most efficient manner to achieve their goal.
An Internal Review and Audit Compliance should organize the work for the employees to ensure overall organization, planning, time management, scheduling, coordinating resources and meeting deadlines is handled most efficiently by each employee for both personal and professional growth.
Entrepreneurial Thinking is a mindset that allows embraces critical questioning, innovation, service and continuous improvement with an attitude of change.
An Internal Review and Audit Compliance should challenge himself to see the big picture and creatively think outside the box too with the ability to fight all the challenges faced and keep going in the face of calamity and the social skills needed to build great teams in the workplace.
Hard Skills Required to be an Internal Review and Audit Compliance
Hard skills are job-specific skill sets, or expertise, that are teachable and whose presence can be tested through exams. While core skills are more difficult to quantify and less tangible, hard skills are quantifiable and more defined.
Hard skills are usually listed on an applicant's resume to help recruiters know the applicant's qualifications for the applied position. A recruiter, therefore, needs to review the applicant's resume and education to find out if he/she has the knowledge necessary to get the job done.
An internal review and audit compliance should have a good command of the following hard skills to succeed in her job.