Job application opening date: 6 July 2020 Job application closing date: 3 August 2020
In Audit, you will join a growing team of over 650 relationship driven, curious, problem solvers who add value to their clients on a daily basis. Our Audit Teams provide audit assurance services which are vital to our clients’ business control and credibility. Our expertise range from servicing private, entrepreneurial companies through to UK listed companies, financial services and some of the largest FT Global organizations in the world. By joining a unique integrated structure you will benefit from working in collaborative teams and be given responsibility for delivering robust and independent audit services in a supportive environment.
In a rapidly changing business world, we also care about our industry and have long pressed for a debate on audit competition. We believe that companies and their shareholders alike deserve the benefits that increased competition can bring and are committed to playing an active role in shaping its future.
Financial Services: The financial services audit department works internationally to provide seamless, cross-border support to our clients. As a member of the team you will experience a broad range of clients across various sectors to build your knowledge and understanding of the financial market.
Insurance: The insurance group cover clients from entrepreneurial insurance brokers to Lloyd’s syndicates and large international underwriters.
RESPONSIBILITIES • Proactively maintain role and client relationship all year round on portfolio clients. • Full responsibility for all aspects of planning from resourcing to managing partners to and Vantage to client. This includes (the following is not a comprehensive list): o Perform the planning of the audit on larger clients and highlight key risk areas for manager attention. Delegate work to other seniors where applicable. o Consider trends expect to see and communicate these to the rest of the team to assist in analytical procedures. Ensure preliminary analytical review addresses this. Ascertain relevant ratios to be calculated and communicate these to the team and ensure they are included within review. o In light of the above produce a work programme for the assignment tailored to the risks associated with the client o Draft the budget and assign audit areas to team members (both assistants and other seniors) so as to manage the audit risks and develop the team members. o Supervise and aid in the production of the Client Audit Plan to detail the above strategy to the client. Be involved in the delivery of the CAP to the client alongside the manager. o Prepare agenda for team meeting and communicate the strategy to the other members of the team. o Ensure team member’s objectives have been set. o Prepare summary highlighting main issues noted in the planning and key risk areas, taking into account all Group companies. o Completes high risk areas of the assignment o Review actual to budgeted time and inform manager of any issues immediately o Build strong working relationships with the client, ensuring any problems or requests are dealt with promptly o Be aware of developments concerning clients affairs and actively look for opportunities to provide additional services o Completion of Financial Statements and closedown of audit files o Ensure standards and procedures maintained by whole team and complete audit file presented with review points cleared o Draft audit committee report or other feedback to management and take a role in its delivery. • Manage a portfolio of clients, ensuring timely communication with the client of assignment scope, audit timetables, fees and engagement terms • Review audit/assignment file during fieldwork stage and on completion, raising notes and resolving issues on a timely basis • Control financial aspects including budgeting and recovery • Look for opportunities to offer additional services to existing clients and convert opportunities for new clients. Assist in proposal preparation.
Essential Skills • Part qualified ACA, ACCA (or equivalent) • The role will require candidates to be highly motivated, commercially aware and able to thrive in a pressurised environment. It is essential that candidates be technically up to date in IFRS, and possess strong communication and team working skills. • External audit experience – leading/supervising external audits from planning through to completion is essential. • Experience of working with a range of clients across Financial Services, working within an accountancy practice • Excellent verbal and written communication skills
Desirable Skills • Develops understanding of client and maintains professional relationship • Shows creativity in addressing problems and opportunities and reacts flexibly to change