External Audit, Senior Manager

1 month ago


London, United Kingdom Tandemsearch Full time

Job Title: Senior Manager - External Audit (Insurance)

Department: Audit

Location: London

Job Type: Full-time

Job Summary:

As a Senior Manager, you will play a crucial role in managing & executing audit engagements for insurance companies. You will be responsible for leading audit teams, ensuring compliance with industry regulations, and providing valuable insights to clients.

Key Responsibilities:

Audit Planning & Execution: Develop tailored audit plans for insurance clients, including risk assessments and resource allocation. Lead audit engagements from start to finish, ensuring compliance with industry standards.

Client Relationship Management: Cultivate strong client relationships, serving as a trusted advisor for insurance industry clients. Effectively communicate with clients, address concerns, and deliver audit findings.

Team Leadership: Supervise and mentor audit teams to promote teamwork and professional growth. Review workpapers and financial statements for accuracy and compliance.

Regulatory Compliance: Stay current on insurance sector regulations, accounting standards, and emerging trends. Ensure full compliance with regulatory requirements in insurance accounting and reporting.

Risk Assessment & Evaluation: Identify, assess, and mitigate risks in clients' financial statements and internal controls. Develop recommendations for risk mitigation and process improvements.

Reporting & Documentation: Prepare and review audit reports, highlighting findings and improvement recommendations. Ensure complete and accurate workpapers and documentation per audit standards.

Quality Assurance: Implement quality control procedures to maintain audit integrity and uphold professional standards. Review and enhance audit methodology for improved efficiency and effectiveness.

Business Development: Contribute to the audit practice's growth by identifying new client opportunities and participating in proposal development.

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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