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AUDIT SENIOR - LONDON - UP TO £50K - GOOD BENEFITS
My client is a specialist financial services company based in the centre of London. They are an established and forward thinking company who have this great opportunity reporting into the Audit Manager and Audit Partner.
The Audit Senior will work on such clients as they are assigned in the audit team Work Planner, including but not limited to, audits, accounts preparations and management accounts, as well as any other work from time to time which may reasonably be considered part of the role.
Accountabilities:
Audit:
- Extract a trial balance from Sage or Xero
- Update any notes to the accounts and assess that the necessary disclosures have been made
- Perform an audit risk analysis specific to the client
- Perform preliminary analytical procedures on the draft accounts
- Ensure that the planning section of Audit Automation reflects all planning considerations and discussions, and is appropriately signed off
- Liaise with other departments around the collection of information on tax-sensitive categories
- Co-ordinate work within audit team
- Carry out audit tests which may involves
- Post adjusted journals for any errors identified which are in excess of materiality
- Ensure that results and conclusions of audit work are documented in Audit Automation fieldwork section
- List out any unadjusted journals separately during the course of the audit, to be provided to the client once the assignment has come to its conclusion
- Prepare a list of points for Audit Manager and points for Audit Partner to highlight key issues to the intended reviewer of the file
- Prepare a schedule of audit highlights summarising the key points for each section of the file.
- Prepare a schedule of points forward to next year for any matters which we will to be brought to our attention in the following year
- Review the completed accounts and ensure compliance with all necessary disclosures as required by accounting standards, including completion of a disclosure check-list where considered necessary
- Research accounting or tax issues as and when required, and document the research with references
- Review current processes and provide recommendations to enhance company policies
- Prepare a letter to management and letter of representation for each audit
- Ensure Audit Automation completion section has been fully completed and signed off
Accounts:
- Extract a trial balance from Sage or Xero
- Prepare consolidation workings where appropriate
- Prepare a cash-book analysis where appropriate
- Update any notes to the accounts and assess that the necessary disclosures have been made in accordance with the applicable accounting standards.
- Perform analytical procedures on the draft trial balance to identify items meriting close attention.
- Undertake analysis or reconciliations as required
- Prepare a draft tax computation
- Liaise with the client or client’s bookkeeper to resolve any queries arising during the course of the accounts preparation
- Prepare a list of points for Audit Manager and points for Audit Partner to highlight key issues to the intended reviewer of the file
- Review the completed accounts and ensure compliance with all necessary disclosures as required by accounting standards
- Accurate completion of budgets to reflect actual time spent, where budgets are prepared.
If you have extensive audit experience and knowledge of accounting procedures/processes with the ability to produce accurate work to tight deadlines under pressure - then please do apply.
