Audit Manager

Audit Manager Job Description Template

Our company is looking for a Audit Manager to join our team.

Responsibilities:

• Manage your own time and that of others to meet deadlines and deliver an effective service to clients;
• Supervise staff at varying levels of qualification and experience to ensure jobs are completed to a high standard of accuracy and client care;
• Ensure audit at all times in line with external audit standards;
• Prepare proposals for new work;
• Act as a counselling manager to some members of the group and help them to achieve personal and professional development;
• Lead, manage, develop and coach an effective audit team;
• Review and assess WIP regularly and address overruns as they occur;
• Execute and deliver aspects of audit engagements to the required methodology and Quality Assurance standards;
• Maintaining a thorough and up-to-date knowledge of UK GAAP and IFRS;
• Managing the team from Audit Seniors to Trainees;
• Ensuring that recovery rates and budgets for jobs are adhered to by self and the team;
• Involved in a number of firm wide performance initiatives and specific ad-hoc projects;
• Managing a diverse portfolio of audit clients and large SMEs;
• Identifying and follow up of possible opportunities for incremental fees across the business – both with existing clients and new clients;
• Preparing the budget and agreeing it with the client.

Requirements:

• Experience of clearing assignments straight to Partner;
• Coaching junior members of staff to ensure appropriate understanding of client business and issues;
• Experience of CCH Audit Automation;
• Discussing business issues and risks with clients on each assignment, offering service solutions;
• Detailed review of audit working papers as prepared by the audit team;
• Establishing close working relationships with clients to fully understand their needs and meet expectations;
• Managing an audit team, including staff appraisals, career development and by offering support as a mentor as assigned to individuals;
• Good working knowledge of UK and international GAAS, IFRS, UK GAAP and Financial Reporting;
• Good communication skills and the ability to engage at all levels;
• A clear focus on audit quality;
• Excellent knowledge of UK GAAP / FRS102/ IFRS;
• Manage the overall service delivery and results to clients;
• Educated up to degree level or CTS;
• ACA/ICAS qualified or overseas equivalent;
• Previous experience of managing people.