Audit Assistant Manager

Our leading financial services practice supports clients across the industry, including wealth and asset management, private equity, insurance, consumer credit and payment services. We have been a trusted adviser to the UK insurance industry for over 150 years and have one of the largest and most experienced teams of insurance experts within the accountancy profession. Established initially as a Lloyd’s practice, our clients now span the entire insurance market – from Lloyd’s syndicates and managing agents to insurance companies, brokers and MGAs.

We have one of the largest financial service audit teams outside of the Big 4 with over 100 audit partners and staff dedicated to supporting the sector. We offer relevant and practical advice to guide and enable our clients to maintain rigorous controls, manage risks and achieve business growth.

We act for many platform-based businesses, including wealth, funds and investment management companies. Our clients include listed businesses and those backed by private equity.

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Responsibilities

Job Duties and Responsibilities

As an Audit Assistant Manager you will work on a variety of audit assignments and this will involve:

Prior to the assignment:

Attend pre-assignment discussions with the audit team.

Assist the senior with the completion of the planning section.

Understand the objectives of each assignment including the budget requirements.

During the assignment you will be expected to:

Be responsible for allocating work to junior members of the audit team

Provide on the job training to junior members of the firm, review their work and provide feedback

Ensure that the work undertaken on site is in accordance with the approved plan and budget

Advise the manager of any developments that may lead to a change in strategy

Suggest logical solutions to problems

Be responsible for a detailed assignment memorandum incorporating an appropriate analytical review

Clear manager and partner review points and follow up any outstanding queries

Respond to all client queries and concerns in an efficient and professional manner, often dealing directly with senior management

Provide sound advice to clients and demonstrate knowledge of business issues; and

Provide a detailed analysis of time charged on every assignment to facilitate billing and future planning

Person Specification

Skills, Experience and Qualifications

ACCA/ACA, or equivalent, qualified

External commercial auditing experience required, particularly in compliance with International Standards on Auditing UK (ISAs)

Experience working in Financial Services external audit is preferred but not essential

Performance of statutory audits from the planning process through to completion, reporting directly to manager and engagement partner demonstrating experience in project management

Knowledge of statutory financial reporting in compliance with UK GAAP and IFRS

Documentation and assessment of internal control procedures, including board report preparation

Training, supervision and coordination of junior team members

Experience of client liaison from the planning stage up to point of audit completion, identifying opportunities to provide added value

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