Audit Manager

Kreston Reeves is currently hiring for an Audit Manager to join on a permanent basis in London.

We are so much more than just accountants, business and financial advisers…

Our purpose is to guide our clients, colleagues, and communities to a brighter future.

Kreston Reeves LLP

We’re committed to living by our purpose and values -  'Understand’ ,  'Look ahead’ ,  'Make it personal’ ,  'Be crystal clear’  and  'Be human’ . And have created a culture in which we strive for our clients, colleagues, and communities to thrive.

We work as a team and have a wide range of skills, specialisms, and expertise amongst us. We pride ourselves on being a socially responsible employer and have a very active Corporate Social Responsibility programme which holds us accountable against four of the United Nations Sustainable Development Goals - 'Good health and wellbeing’, 'Quality education’, 'Reduced inequalities’ and 'Climate action’.

Kreston Reeves is an equal opportunities employer committed to fostering a diverse, fair and inclusive culture. We encourage all qualified applicants to apply for our roles and equal consideration will be given to every application.

Our people are our core asset so it’s important to us that we create an environment where they are recognised, included, and valued.

Audit Manager

As the Audit Manager, you will manage specific Audit clients and workflow via own team, providing high quality client service experience whilst ensuring adherence to individual job budgets and maximum fee recovery.

The Audit Manager will be responsible for:

Scope/Reach & Key Relationships

· Ownership of client portfolio/contacts for ongoing management and development

· Partners and employees who are key stakeholders in audit work across the Service Line

· Day to day audit team management responsibility

· Being a people manager where appropriate (see separate people manager job spec document)

· Developing & building own network of intermediaries & prospects

· Government bodies and external organisations such as HMRC and ICAEW

Principal Accountabilities:

· Ensure the planning, prioritising and allocation of all relevant client audit work ensuring effective team workflow

· Ensure establishment of scope and budget for each piece of client audit work under own control and ensure adequate briefing to team members

· Ensure full agreement from client for audit work to be undertaken and communicate likely fees prior to commencement to maximise fee recovery

· Ensure full implementation of all client audit work in line with agreed budget ensuring adherence to The KR Way standards of performance document, with completed audited accounts ready for R.I. review & sign off

· To proactively look for ways to maximise audit efficiency

· Develop working across the service line in a technical or sector role

· Monitor work progress and ensure appropriate levels of communication with all clients and internal stakeholders on progress for each key task or phase

· Ensure proactive management of instances where the ‘work performed’ exceeds the agreed client fee and ensure agreement of a mutually acceptable outcome

· Ensure preparation of bills for own client audit work done and ensure they are sent to the client in a timely manner

· Research and seeking to resolve issues for upward communication in more complex clients or higher risk aspects of audit work

· Run regular workflow meetings to prioritise work and to ensure deadlines are met, maximum work on track & to tackle any off track

Client, Internal and External Organisational Contact

· Manage, support, and develop a client portfolio, with increased technical or complex issues or sector specialisms, ensuring the maximising of client advocacy & fee levels from own portfolio

· Act as a key point of contact for other nominated clients to manage all their Audit & other service requirements

· Return phone calls and written correspondence to all of the above within required deadline and ensure promises are kept

· Attend/lead Audit review and close down meetings for own clients as required

· Proactively contact clients when items of interest or benefit to the client arise therefore adding value

· Ensure overall provision for high levels of client service is in place across own client base

· Provide appropriate access and support for other internal departments to own Audit clients so as to assist the cross selling of services into the Audit client base

· Ensure client hygiene factors are in place, AML, KYC reviews, engagement letters, etc

Leadership, People Management and Development:

· Be aware of individual team member capability & aspiration to ‘enable’ best performance of a team of direct reports through coaching & mentoring of audit team members

· Set out the objectives for the audit team at the start of each audit

· Monitor individual and team performance versus original objectives as set at the start of each audit and have an awareness of service line KPIs

· Provide regular feedback to all audit team members on their performance on job specific standards, ensuring praise where due and highlighting of issues for team member learning

· Provide support to Senior managers and Directors for internal & external recruitment of new Audit service line team members at assistant manager level and below

· Oversee professional development of audit team members

Internal Financial Management & Business Planning:

· Monitor performance of team and individuals’ KPIs in line with the Audit SL business plan

· Where service line performance is at or above target, ensure this is communicated to own team and the celebration of success is encouraged

· Where service line performance is below target, encourage and instigate remedial action and focus from self and team colleagues to rectify and improve short term performance

New Business Development

· Continue to build own network of intermediaries, seek to generate referrals from own client base and convert prospects into new clients

· Support the Audit team in delivering the required departmental incremental fee target via networking (internal & external), meeting attendance, business pitches, presenting at webinars & writing of articles for relevant sectors

· Develop suitably strong internal Kreston Reeves connections such that access and support are given by all other internal departments to their own client bases

What's in it for me?

Kreston Reeves is passionate about its people; we want our colleagues to develop the things they are good at and enjoy.

By joining us you can expect:

· Autonomy to develop and grow your skills and experience

· Opportunities to develop a varied portfolio of work with different clients

· Strong, inspiring, and thought-provoking leadership

· A genuinely supportive and collaborative environment

· A culture of learning in a stimulating environment

As well as this, we offer:

Leave –  We offer a generous annual leave allowance, Holiday buying (up to 5 days), Agile working

Retail –  Restaurant cards (Gourmet Society and Tastecard), Discount shopping, Fabyouless

Mental Wellbeing –  Employee assistance programme and counselling

Physical Wellbeing –  Vitality PMI/Westfield Hospital Treatment Insurance, Critical Illness Insurance ,  BMI Health Assessment ,  GymFlex, DNAFit, Annual flu jab

Financial Wellbeing –  5% matched contribution pension, 2x salary Life Assurance ,  Westfield Health Cash Plan ,  50% Income Protection for 5 years, Increase to Life Assurance,Increase to Health Cash Plan, Options to increase pension, life assurance and healthcare cash plan (yourself and/or family)

CSR –  Give as you earn ,  1 day off to take up volunteering opportunities. Opportunities to support our commitment to charitable causes

Travel –  Cycle to work scheme ,  Travel Insurance ,  Interest Free Season Ticket Loan (London only) ,  Interest Free Car or Motorbike Loan

Recognition –  Monthly nominations for financial awards based on culture and values demonstration, fair and transparent meritocracy

Development –  We offer continuous support and development with clear mapped progression routes across the business. Access to a calendar of training courses run internally and externally, offer paid professional subscriptions

Diversity Inclusion and Belonging –  We operate several Family friendly policies, offer Childcare vouchers and take proactive steps to create an inclusive environment

Kreston Reeves celebrates and promotes diversity and acknowledges that difference brings value to our business. We are an equal opportunities employer and welcome an application from you regardless of your race, sex, disability, religion/belief, sexual orientation or age. We believe in creating an even playing field for all of our colleagues, where we can all belong.