How Should One Hire The Right Auditor?
Let us first know a bit about an auditor. There are two types of auditors? External auditor is one who is independent and is not engaged with any particular organisation. On the other hand, an internal auditor is a person who is hired by a particular organisation and only conduct audits within the same.
Now how to hire a right auditor for a business? What qualities to look for while hiring an auditor? What salary need to be offered to hire the right auditor? These questions always stuck in one’s mind while hiring an auditor for his/her company.
Look, hiring an auditor might not be a tough task but getting a right one is. One may find many applicants for an auditor profile easily but it is important to hire the one whose objectives are in line with firm’s objective and help in achieving the same.
What qualities to look for in an auditor?
- Accreditation and qualifications of an auditor — This is the first point or you can say the basic quality to check in to hire an auditor. Find out whether s/he is qualified in terms of education or not. Apart from the qualification, check the accreditation one has.
Well, accreditation is must but multiple accreditation are not necessary. Just remember, the higher the qualification of an auditor, the more salary you might have to pay. So if that is not in the line with your objectives, you should avoid such candidate. - Experience matters a lot — It’s not like that a fresher candidate is not capable of conducting an audit but an experienced candidate might have more to offer. S/he might be able to provide unknown or ignored yet important insights about a firm in an audit.
Therefore, it might be strongly advised to give a little preference to an experienced candidate.
- Personality — Look, hiring an auditor is not only about conducting an audit but also one needs a charming and social personality. It is preferred to hire an auditor with bold and charming personality. Wait, I am not highlight a good physique rather a positive personality that might be able to handle things calmly and smoothly.
- Check his/her previous performance/s — I know it might be tough but in order to select the best auditor, it is important to do so. You need to check previous audits done by him/her. Hire employee with good reputation and clean performance.
- Communication Skills — Another important characteristic that you should check while hiring an auditor is his/her communication skills. These skills matters a lot. Hire an auditor that actually matches the level of the organisation.
What it takes to hire an auditor for an organisation?
- Make a list of your requirements — First of all, make sure what you exactly want from an auditor. What qualifications are you looking for, what type of personality you are searching for and what skills you actually need in your auditor? You can commence the hiring process only after clearing these queries.
Hiring an auditor might not be a daunting task but to hire an auditor which satisfies your requirements surely is.
Make your list of requirements before hiring an employee and select the candidate that ticks all the boxes well. - Decide your budget — It is important to decide your company’s budget in terms of salary for an auditor. How much you may pay to him is an important question that plays an important role in hiring the auditor. You may keep a range in your mind and be open & negotiable regarding the salary to get the right auditor.
What you actually need — a full time auditor or a part time one?
This is another query which need to be addressed by the employers while hiring an auditor. So one needs to check the organisation’s need in terms of a full — time auditor or a part time auditor. This decision may also affect budget as a full time auditor might be costly as compared to part time auditor. So, first make your choice clear and then commence the hiring process.
Choosing an employee for your firm is not at all a piece of cake and it takes a lot of patience and hard work. Organisation's depends upon the performances of it’s employees, therefore, it is advised not to make any decision in haste while hiring one. Take time, consider as many options as one wants to, analyse their qualities and only then make the final decision.
