Senior - Real Estate Audit & Assurance
Skills
About This Role
Overview
- We are seeking a detail-oriented and experienced Real Estate Developer Auditor to join our audit team.
- The successful candidate will be responsible for conducting comprehensive audits of real estate development companies, ensuring compliance with accounting standards, regulatory requirements, and internal controls.
- This role requires strong technical audit skills combined with in-depth knowledge of the real estate development industry.
- During your tenure as a Senior in Audit & Assurance, you will demonstrate and develop your capabilities in the following areas:
- Plan and execute audits of real estate developers, including financial statement audits, internal control assessments, and compliance reviews.
- Evaluate the accuracy and completeness of financial records related to land acquisition, construction costs, revenue recognition, and asset valuation.
- Assess the appropriateness of accounting policies applied to real estate projects, including cost capitalization, impairment testing, and fair value measurement.
- Review contracts, joint ventures, lease agreements, and other legal documents to identify audit risks and ensure compliance.
- Identify and evaluate risks of material misstatement, including fraud risks, and design audit procedures to address these risks.
- Analyse project budgets, cost tracking, and cash flow management to verify financial integrity.
- Prepare clear, concise audit reports detailing findings, recommendations, and areas for improvement.
- Liaise with client management, project managers, and other stakeholders to discuss audit issues and facilitate resolution.
- Stay updated on industry trends, accounting standards (e.g., IFRS, GAAP), and regulatory changes affecting real estate development.
- Utilise audit software and data analytics tools to enhance audit efficiency and effectiveness.
- Support continuous improvement initiatives within the audit function.
Leadership Capabilities
- Build own understanding of our purpose and values; explores opportunities for impact.
- Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent.
- Understands expectations and demonstrates personal accountability for keeping performance on track.
- Actively focuses on developing effective communication and relationship-building skills.
- Understands how their daily work contributes to the priorities of the team and the business.
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