Assistant Manager External Audit

Job Description

Lead External Audit Engagements

• Manage and coordinate all aspects of external audit engagements, including planning, execution, and reporting, in accordance with auditing standards and regulatory requirements.
• Allocate resources effectively, assign tasks to audit team members, and oversee their work to ensure timely completion and adherence to quality standards.
• Review audit workpapers, documentation, and audit findings to ensure accuracy, completeness, and compliance with professional standards.

Risk Assessment And Audit Planning

• Conduct risk assessments to identify significant audit areas and develop comprehensive audit plans tailored to each client's specific risks and objectives.
• Collaborate with clients, understanding their business operations, industry dynamics, and regulatory environment to tailor audit approaches and procedures accordingly.
• Determine materiality thresholds, audit scope, and sampling methodologies based on assessed risks and regulatory requirements.

Financial Statement Audits

• Perform detailed examinations of financial statements, including balance sheets, income statements, and cash flow statements, to assess their accuracy and compliance with applicable accounting standards (e.g., GAAP, IFRS and ISA).
• Evaluate the effectiveness of internal controls over financial reporting (ICFR) and identify deficiencies or weaknesses that may impact financial statement assertions.
• Document and communicate audit findings, including significant accounting issues, to management and audit committees, providing clear and actionable recommendations.

Regulatory Compliance And Reporting

• Perform rigorous audit procedures to verify compliance with statutory reporting obligations, with a strong focus on RERA, ADGM and DIFC requirements. Prepare and review audit reports, Management letters, letters of recommendation, and other communication to clients, regulators, and stakeholders, summarizing audit findings, conclusions, and recommendations.
• Assist clients in addressing regulatory inquiries (e.g. RERA and ADGM, DIFC,) responding to group auditor's requests, and implementing remediation plans for identified deficiencies or non-compliance issues.

Client Relationship Management

• Build and maintain strong relationships with client management, serving as a trusted advisor on audit-related matters and providing value-added insights and recommendations.
• Proactively identify opportunities to enhance client service delivery, streamline audit processes, and improve audit quality through continuous feedback and collaboration.
• Address client concerns, resolve conflicts, and escalate issues as appropriate to ensure client satisfaction and retention.

Team Development And Training

• Provide leadership, guidance, and mentorship to audit staff, fostering a culture of professional growth, excellence, and teamwork.
• Conduct performance evaluations, provide constructive feedback, and support the career development of audit team members.
• Facilitate training sessions, workshops, and knowledge-sharing initiatives to enhance technical skills, industry knowledge, and audit proficiency within the team.

Job Requirements

• A qualified member of any of the following professional bodies, Association of Chartered Certified Accountants (ACCA), The Institute of Chartered Accountants (CA), CPA (Certified Public Accountant) or equivalent professional certification required.
• 6+ years’ experience in external auditing, preferably with a public accounting firm.
• Thorough understanding of auditing standards, accounting principles, and regulatory requirements applicable to external audits (e.g., IFRS, IAS and ISAs; PCAOB standards, SEC rules (will be an added advantage).
• Proficiency in audit software tools (particularly in Caseware), data analytics, and Microsoft Office suite (Excel, Word, PowerPoint).
• Strong analytical, problem-solving, and critical thinking skills with attention to detail and accuracy.
• Excellent communication and interpersonal skills, with the ability to interact effectively with clients, audit team members, and stakeholders at all levels.
• Proven leadership abilities, including experience in leading audit engagements, managing teams, and prioritizing competing demands.
• Commitment to upholding professional ethics, integrity, and independence in all aspects of audit engagements.

Application Question(S)

• What's your based location?
• How many years of statutory audit experience you have?
• Do you have practical knowledge of IFRS, IAS and ISAs; PCAOB standards, SEC rules?
• How many end-to-end external audit clients you have managed during audit season?
• What's your qualification status?
• What's your current salary? (AED/month)
• What's your expected salary? (AED/month)