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Position: Senior Associate, AuditPermanent, Full time
Salary: Up to £44,000 per annum
Responsibilities
Role Summary:
- The Senior Associate has the operational responsibility to provide audit engagement team services with a focus on audit quality and professional scepticism.
- Demonstrate a strong tone and culture supporting audit quality through a commitment to maintain objectivity, professional scepticism, ethics, and integrity.
- Provide audit operational support on engagements with a focus on the preparation, delivery, reporting, and evaluation of the results of the audit engagement in response to the needs of stakeholders and external regulators.
Details:
- Complete audit procedures that obtain sufficient appropriate audit evidence with a focus on quality and in accordance with applicable auditing standards.
- Exercise and document the approach to professional scepticism including robust challenge, consideration of alternatives, and disconfirming evidence.
- Participate in debrief sessions upon completion of and during projects to identify lessons learned and enhance future quality and planning.
- Identify and document audit misstatements and assess these individually and cumulatively against materiality.
- Coordinate with specialists on their work and assess the impact of findings on the audit.
- Complete tasks and deliverables to a high-quality standard as part of client engagements - working to an agreed plan, budget, and quality.
- Demonstrate expertise in primary accounting framework (IFRS), related financial reporting matters, and auditing standards (ISA).
- Have a clear understanding of the importance of the work being completed and how it contributes to the audit overall.
- Identify and document risks, issues, and conclusions - consulting with appropriate team members as necessary.
- Escalate risks and issues beyond own experience or skill set.
- Keep senior team members informed of significant developments and progress on the engagement.
- Provide guidance and coaching to team members.
- Take proactive responsibility over the planning ahead of the engagement, including the following important steps:
- Preparation of the prepared by client listing to be sent timeously to the client.
- Introductory emails to audit client and audit team to align timelines and expectations.
- Involvement in the team allocations and audit execution plan.
- Ensure engagement set up, scaling, and resource management, as well as related documentation is prepared.
- Take responsibility for the whole audit file, from engagement set up to completion, review note clearance, and close out of the audit file.
- Ensure timely review of engagement manager and partner, including setting up and follow-up of review times.
Qualification, Skills, and Knowledge:
- HSC or Degree holder
- Professional Qualification in Progress
- Q1 Level
