External Audit Assistant Manager

4 weeks ago


Nottingham, United Kingdom Tandemsearch Full time

Job Title: External Audit Assistant Manager

Department: Audit

Location: Nottingham

Job Type: Full-time

Job Summary:
As an External Audit Assistant Manager, you will be mainly ensuring the accuracy & integrity of financial statements and compliance with regulatory requirements for our clients. You will work closely with audit managers and teams to plan, execute, and oversee external audit engagements. A strong understanding of accounting principles, audit procedures, and exceptional leadership and communication skills are vital for success in this role.

Key Responsibilities: Audit Planning: Develop audit plans & risk assessment procedures. Identify key audit risks and develop appropriate audit strategies. Fieldwork: Lead the execution of audit engagements. This includes conducting substantive audit procedures, testing financial data, and evaluating internal controls. Team Leadership: Provide guidance & supervision to junior auditors, delegating tasks, and ensuring they work efficiently & effectively. Financial Analysis: Analyse financial statements, transactions, and supporting documentation to ensure accuracy & compliance. Risk Assessment: Assess and document internal controls & procedures in place at client organizations. Identify weaknesses and recommend improvements. Client Communication: Effective, regular communication with clients to explain audit findings, discuss potential issues, and provide recommendations for process improvements. Reporting: Prepare clear & concise audit reports, including findings, conclusions, and recommendations for clients & internal stakeholders. Regulatory Compliance: Stay current with accounting & auditing standards to ensure compliance throughout the audit process. Quality Assurance: Assist in maintaining high-quality audit standards, following established methodologies and best practices. Technical Proficiency: Utilize auditing software & tools effectively to streamline audit procedures and enhance productivity. Continuing Professional Development: Stay informed about emerging trends and developments in the audit field. Pursue ongoing professional development and relevant certifications (e.g., CPA, CA, ACCA).

Qualifications:
  • Possession of a professional qualification such as ACCA, ACA, ICAS, 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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