Audit Assistant Resume Examples

Consultant and Audit Assistant

Prepared all necessary tax documents and led discussions with tax authorities to help a Japanese software firm obtain an input value-added tax refund of $10k.

• Defined tax incentive for a $10 million project to expand production capacity of a plastic bead manufacturer. Guided the client to complete official letters, resulting in tax exemption on incomes from the project for two years.
• Prevented an administrative penalty of $25k by identifying incorrect invoices for a Japanese boot manufacturer.
• Advised an animal nutrition manufacturer to claim a $100k foreign contractor tax refund.

Audit Assistant & Administrative Personnel

• Led a seven-member team responsible for recording and reporting transaction data, project progress and results in a two-month, 76-person project reducing the bank's risk exposure by $1.12 billion
• Selected to organize an off-site computerized audit before an Economic Responsibility Audit project, identified risky bank loans (including fraud related transactions) of $7.25 million
• Recognized for leadership potential and selected to join the new team conducting the audit of "The New Basel Capital Accord" implementation process
• Participated in audit projects that led to a reduction in client risk exposure by $10 million
• Organized conferences, including regional branch meetings and training programs, such as CPA lecturing and computerized audit training

Audit Assistant

• Improved client operating controls and policies which reduced extra assets waste by 30%
• Created client financial statements and audit reports
• Examined reported information to ensure it is in accordance with GAAP, saving clients time (approximately 15% less time dedicated to paperworks)
• Supported specific foreign client to understand the income difference between IFRS and GAAP, raising the comparability and transparency of investment for potential overseas investors
• Proposed audit program, explaining the effect of newly released accounting standards on the performance of client
• Provided feedback/input to audit planning

Audit Assistant

Audited financial statements, supporting schedules and footnote disclosures in Annual Reports, Forms 10K and 10Q in conformity with SEC regulations

• Performed cost analyses of various accounts and investigated variances with the client
• Coordinated and performed Sarbanes Oxley 404 compliance testing for SEC registrant
• Tested cash, SG&A, deferred revenue, and other liabilities
• Conducted meetings with client within various departments (i.e., Payroll, Treasury, Reporting, Legal, AP, etc.) for walkthroughs and/or collection of supporting documents
• Performed year-end inventory counts at clients' locations

AUDIT ASSISTANT 2 - Regional Audit Office

Saved one branch of the bank more than five hundred thousand pesos by discovering the overpayment of gross receipts tax on interest of loans.

• Acted as the team leader on an audit of various bank units including the supervision/review of the team members' conduct of audit fieldwork, working papers, summary of findings and report drafts.
• Submitted findings and recommendations through the preparation of Audit Reports and made subsequent follow-ups on actions taken by the unit audited to correct deficiencies / exception noted during audit.
• Ensured the proper application and compliance of established Bank policies, plans and procedures.
• Ensured that management is provided with accurate and reliable accounting and financial records through annual reviews, verification & checking of Branch records.
• Enhanced efficiency of branch operations by providing effective or alternative procedures to business operations.
• Trained new audit staff in the examination of assigned areas of operation and also on other various auditable units of the bank.
• Actively participated in meetings, workshops, and other related activities and helped suggest ways to improve the internal auditing process.

Director of Internal Audit Assistant, Intern

Performed account receivables and payables aging analysis, calculated AP turnover and AR turnover for the first half year, and conducted reconciliation analysis for the Shanghai Location

• Participated in the whole accounting process for McGowan charitable investment fund
• Audited the meal business from master price list to billing for the top three revenue generating airlines at JFK airport, and audited the payment of dry ice.
• Conducted competitive bidding analysis for JFK unit to improve cost saving by generating descending inventory summary from Eatec, filtering the result into around 60 kinds of raw materials and comparing the final result with EWR, ORD and MIA units. This project approximately saved cost by $254,000.
• Developed strong working knowledge on MAS 200 and Eatec throughout the internship

Audit Assistant

Performed cash and payroll testing, verifying proper disbursements of company funds

• Tied out and gathered client support for all documented numbers assigned, contributing to the overall completion of year end and quarterly audits
• Tested client's internal controls acknowledging controls were in fact in place and the data and information received from the client was reliable and trustworthy
• Conducted inventory counts at client locations matching physical observation with inventory accounting records for accuracy and completion
• Occasionally researched audit standards to understand, then apply knowledge during the audit

Internal Audit Assistant Manager

Worked as a cross functional liaison between Accounting and three local Distribution Centers including the Forever 21 Ecommerce warehouse.

• Evaluated, documented and assessed processes as they relate to Fixed Assets and Accounting. The goal was to get a better understanding the current processes and identify opportunities for improvement.
• Created and oversaw various internal audits at local distribution centers specifically audits for all inbound and outbound shipments. Analyzed audit results and discussed with process owners.
• Produced process flowcharts for various internal departments within Forever 21 to get a better understanding of processes for accounting management.
• Worked with distribution centers to develop Process Improvements projects to address operational issues.
• Wrote detailed recommendations to make process improvements that included strengthening internal controls at the local distribution centers.
• Managed a project to organize, inventory and evaluate Information Technology equipment. Approximately 32,245 pounds of E-waste was disposed of. Recovered approximately $50,000 worth of IT equipment that was reused by local IT personnel.

Audit Assistant

Analyzed and evaluated the accuracy of accounting systems and procedures for the A-133 audit

• Checked and inspected the accuracy of accounts receivable, travel, and payable ledgers
• Maintained the grants database
• Created and managed budgets, balance sheets and other related financial statements
• Analyzed and recommended changes in internal audit controls using ERP
• Ensured compliance federal audit policies and regulations
• Prepared audit paperwork in accordance with standards and requirements
• Worked closely with outsourced audit team

Audit Assistant

Provided significant help and support to senior staff in reviewing a corporation's internal controls and procedures.

• Developed and maintained client and business partners' databases
• Analyzed and evaluated the accuracy of accounting systems and procedures.
• Checked and inspected the accuracy of accounts receivables and payable ledgers.
• Established working relationship between company's staff, business partners and clients.