Markets Audit Manager
2 weeks ago
Job Title:
External Audit Manager – Consumer Market
Department:
Audit
Location:
London
Job Type:
Full-time
Job Summary:
As an External Audit Manager in the Consumer Market, you will be responsible for overseeing & managing all aspects of external audit engagements within the consumer sector.
This role requires a strong understanding of audit and accounting principles, as well as industry-specific knowledge within the consumer market.
The role encompasses not only technical expertise but also exceptional leadership and client relationship management skills.Key Responsibilities:
Audit Engagement Management:
Plan, coordinate, & execute external audit engagements for consumer market clients, ensuring adherence to regulatory and professional standards. Develop comprehensive audit plans, risk assessments, and testing procedures.
Team Leadership:
Supervise & mentor audit staff, providing guidance and support for their professional growth. Monitor and manage the progress of audit team members and review their work for quality and compliance.
Client Relationships:
Serve as the primary point of contact for client interactions and manage client relationships. Understand client business operations & objectives to offer valuable insights and guidance.
Technical Expertise:
Stay current with industry-specific trends, regulations, and emerging issues within the consumer market. Ensure the application of audit methodologies and techniques in line with best practices.
Quality Assurance:
Conduct thorough reviews of audit workpapers, financial statements, and audit reports to maintain the highest standards of quality. Identify and resolve complex accounting and audit issues.
Reporting:
Prepare & present audit findings, recommendations, and reports to clients and internal stakeholders. Highlight areas for improvement and offer actionable solutions.
Risk Management:
Identify and address potential audit risks and develop strategies to mitigate them. Maintain the integrity and confidentiality of client data and information.
Regulatory Compliance:
Ensure compliance with all relevant laws, regulations, and professional standards. Work with regulatory agencies and authorities when required.
Qualifications:
Possession of a professional qualification such as ACCA, ACA, ICAS, CPA or an equivalent accreditation.
Proficiency in conducting systems/controls testing and auditing complex financial statements.
Project management experience involving large, intricate engagements or cross-border projects.
Excellent knowledge of UK and International GAAP, IFRS, UK GAAP, and Financial Reporting requirements.
Experience in effectively managing and developing staff, as well as demonstrating business development skills.
Desirable qualifications include sector-specific experience, working with listed audited entities, and expertise in international group auditing.
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