
Audit Consultant
5 days ago
About the Role:
We seek a highly experienced Senior Audit Professional to join our team. As a key member of our audit department, you will be responsible for delivering high-quality audit services to a diverse portfolio of clients within the United Kingdom.
Key Responsibilities:
- Conduct comprehensive audits of financial statements, operational processes, and compliance programs, ensuring accuracy, integrity, and adherence to applicable standards.
- Review and audit the financial statements of UK-based enterprises to ensure adherence to legal accounting requirements (UK GAAP or IFRS).
- Participate in statutory audit work preparation with a good understanding of all phases (planning, execution, and closure).
- Perform end-to-end audit functions for entities across sectors, including small and medium companies.
Experience & Qualifications:
- Take part in planning, organizing, and executing audit engagements for various clients, including conducting risk assessments, developing audit programs, and testing controls.
- Perform substantive testing and analytical procedures to evaluate the accuracy and completeness of financial statements, ensuring compliance with auditing standards and relevant regulations.
- Document audit procedures performed, findings, and conclusions in a clear and concise manner.
- Identify control deficiencies and provide recommendations for improving clients' internal control systems and financial processes.
- Collaborate with client personnel to gather necessary information and resolve audit-related queries or issues.
- Apply data analytics effectively in an audit framework.
- Work closely with audit team members, including associates and interns, providing guidance, reviewing their work, and offering constructive feedback.
- Assist in the preparation of financial statements and related disclosures in accordance with applicable accounting standards (IFRS, UK GAAP, FRS).
- Stay up-to-date with changes in auditing standards, accounting regulations, and industry developments, and apply the knowledge to audit engagements.
- Contribute to the development and enhancement of audit methodologies, tools, and templates.
- Maintain effective communication with clients, building and maintaining professional relationships.
Desired Competencies & Software Expertise:
- 2-5 years of experience in end-to-end audit for UK clients.
- Proficiency in audit software (CaseWare, Wolters Kluwer CCH Audit, MyWorkPapers, Inflo, Thomson Reuters etc.).
- Experience in using accounting applications (IRIS, Sage, Xero etc.).
- Knowledge in MS Office Suite.
- In-depth knowledge of auditing standards, financial reporting frameworks (IFRS, FRS, UK GAAP) and relevant regulations (e.g., Companies Act).
Working knowledge of HAT and Mercia methodology is preferred.
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