This guide will transform your cover letter from template trash to interview gold. We’ll show you exactly how to open with impact, demonstrate your value through specific audit wins, and close with confidence. Plus, you’ll get insider tips on what Australian employers actually want to see, complete with real examples that work. Whether you’re a recent graduate stepping into your first audit role or an experienced professional ready for your next senior position, we’ve got you covered.
Internal Auditor Cover Letter Example (Text Version)
Rachel Thompson
[email protected]
0419 234 567
linkedin.com/in/rachelthompson-audit
Melbourne, VIC
22 March 2025
Mr Andrew Mitchell
Chief Audit Executive
National Finance Corporation
Level 18, 525 Collins Street
Melbourne, VIC 3000
Dear Mr Mitchell,
When I saw that National Finance Corporation is strengthening its internal audit function to support your ASX compliance and digital transformation initiatives, I knew this was exactly the opportunity I’ve been preparing for. As someone who identified $2.4M in process inefficiencies at Commonwealth Banking Group while leading 12 complex audits with zero material findings disputed, I’m excited about the opportunity to enhance your control environment while supporting strategic business objectives.
Over the past four years as a Senior Internal Auditor at Financial Services Australia, I’ve consistently delivered outcomes that align perfectly with your requirements. I led the operational audit of our lending division that uncovered critical control weaknesses in credit approval processes, resulting in the implementation of 23 recommendations that reduced loan default risk by 18% and improved regulatory compliance scores from 82% to 96%. My experience conducting financial, operational, and IT audits across multiple business units has taught me that successful internal audit is equal parts technical rigor and stakeholder collaboration—exactly what you need for your expanding audit mandate.
What really draws me to National Finance Corporation is your commitment to continuous improvement and risk-based audit methodology. During my Bachelor of Commerce (Accounting) at Monash University and subsequent CA Program completion with Chartered Accountants ANZ, I developed a strong foundation in Australian Accounting Standards and corporate governance frameworks. I’m passionate about proving that internal audit isn’t just a compliance function—it’s a strategic partner that drives operational excellence and protects organizational value.
I’d love to discuss how my track record of delivering insightful, actionable audit recommendations can contribute to National Finance Corporation’s risk management objectives. Thank you for considering my application, and I look forward to the opportunity to speak with you soon.
Kind regards,
Rachel Thompson
[email protected]
0419 234 567
linkedin.com/in/rachelthompson-audit
How to Format an Internal Auditor Cover Letter
- Length: Max 1 page (3–5 paragraphs)
- Font: Arial, Calibri or Times New Roman (10–12pt)
- Spacing: Single or 1.15 line spacing
- Margins: 1 inch on all sides
- File format: PDF
What to Include in an Internal Auditor Cover Letter (Australia)
Your Internal Auditor cover letter needs to follow a structured approach that demonstrates both technical competence and business acumen:
- Contact Details
- Salutation (Dear Hiring Manager or name)
- Opening paragraph – your hook and intent
- Middle – why you’re the best fit (skills + experience)
- Closing – call to action + sign off
Right vs Wrong Example
Right Opening: “When BHP announced its enhanced internal audit program focusing on supply chain risk and ESG compliance, I immediately saw an opportunity where my experience conducting 15 mining sector audits—identifying $3.2M in cost recovery opportunities while strengthening environmental controls—could support your industry-leading governance framework and sustainability commitments.”
Wrong Opening: “I am writing to apply for the Internal Auditor position that was advertised on Seek. I have experience in auditing and I believe I would be a good fit for this role at your organization.”
Entry-Level Internal Auditor Cover Letter Tips
- Focus on relevant internships, academic projects, or graduate programs
- Highlight coursework in auditing, accounting, or risk management
- Show understanding of Australian audit standards and corporate governance
Entry-Level Cover Letter Sample for Internal Auditor
Right Entry-Level Approach: “While completing my Bachelor of Commerce (Accounting) at UNSW and working part-time as an Audit Assistant at Thomson Partners, I supported external audits for 8 ASX-listed clients by testing internal controls, performing substantive testing procedures, and documenting audit findings in accordance with Australian Auditing Standards. I also completed my CA Program with Chartered Accountants ANZ, achieving High Distinctions in the Auditing & Assurance module. This experience taught me that effective auditing combines technical knowledge with professional skepticism and clear communication—skills I’m eager to apply in an internal audit role.”
Wrong Entry-Level Approach: “I recently graduated with an accounting degree and I’m interested in getting into internal audit. I’m detail-oriented and good with numbers. I don’t have audit experience yet but I’m a quick learner and willing to work hard. Please give me a chance to start my career.”
Top Mistakes to Avoid in an Internal Auditor Cover Letter
- Being too technical without showing business impact of your audit work
- Not quantifying findings, recommendations, or value delivered
- Failing to mention relevant certifications (CA, CPA, CIA, CISA)
How to Tailor Your Cover Letter to a Job Ad
- Match their audit focus areas (financial, operational, IT, compliance)
- Reference specific audit software they mention (ACL, IDEA, TeamMate)
- Address their industry’s unique risks and regulatory requirements
How to Sign Off Your Internal Auditor Cover Letter
- Use “Sincerely” or “Kind regards”
- Include full name, phone number, email, and LinkedIn
Cover Letter Signature Example
Kind regards,
David Chen
[email protected]
0423 789 456
linkedin.com/in/davidchen-internalaudit
How to Submit a Cover Letter in Australia
- Always attach as a PDF (unless instructed otherwise)
- Label file professionally (e.g. RachelThompson_CoverLetter.pdf)
- If submitting via Seek or LinkedIn, include a brief intro
Final Tips for Writing a Great Internal Auditor Cover Letter
- Quantify audit impact (savings identified, risks mitigated, controls improved)
- Balance technical audit terminology with clear business language
- Mention relevant standards (IIA Standards, ASAE 3500, ISO 31000)
- Show understanding of risk-based audit methodology and data analytics
More Resources for Job Seekers
Ready to nail your entire application? Check out our Internal Auditor Resume Examples for the perfect complement to your cover letter. Prepare for success with our Common Interview Questions for internal audit roles, and explore our Selection Criteria Templates for government or corporate audit positions.
Remember, your cover letter should work alongside your resume to tell a compelling story about why you’re the internal auditor they need. Focus on specific achievements that demonstrate both technical expertise and value-added insights, show genuine interest in their risk profile and industry challenges, and always emphasize how you’ll strengthen their control environment from day one. With Australia’s corporate governance landscape continuing to evolve through increased regulatory scrutiny, cyber security threats, and ESG reporting requirements, organizations are seeking internal auditors who can balance compliance with strategic advisory capabilities. Stay connected with audit professionals through the Institute of Internal Auditors Australia and maintain your technical knowledge through Chartered Accountants ANZ or CPA Australia to ensure your application reflects current industry standards and best practices.
