External Audit Manager
1 month ago
Job Title: External Audit Manager – Consumer Market
Department: Audit
Location: London
Job Type: Full-time
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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