Job title: Audit Assistant Manager – FS Asset Management
Company: KPMG
Job description: Base Location: London. The KPMG Audit function is a cornerstone of our business. We do work that matters to our local business and communities – supporting investment and economic growth across the UK. Working on complex audit engagements, which could include big retailers, UK banks, Insurance Houses and multinational organisations, our team strives to provide best-in-class Audit solutions to audited entities who trust us to get it right first time. KPMG is one of the world’s largest and most respected consultancy businesses, we’ve supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We’ve proudly stood beside the institutions and businesses which make the UK what it is.
Why Join KPMG Audit FS
We have an exciting opportunity for an Assistant Manager to join our Financial Services Audit team. As an Assistant Manager, you will be responsible for the day-to-day high-quality delivery of audit engagements from planning through to completion. Alongside audit delivery work, you will also supervise junior team members, and provide coaching and development to help them reach their full potential. This will include planning and reviewing their work to ensure the work quality is to a high standard. You will be responsible for the day-to-day management of stakeholder relationships at audited entities and can expect to work with senior level staff. You will work closely with the Audit Manager, Senior Manager, Director and Partner, ensuring that they are kept up to date with progress, involving them on a timely basis in all phases of the audit and when issues arise.
What will you be doing?
* Conducting the planning and execution of audit fieldwork.
* Supervising and coaching junior members of staff to help them realise their full potential.
* Reviewing the audit work performed by junior team members.
* Project managing the audit delivery, including timelines, team briefings, team supervision, delivery of audit work, and reviews by more senior team members, including Directors and Partners.
* Keeping Managers, Senior Managers, Directors and Partners up to date with progress throughout the course of the assignment.
What will you need to do it?
Our Global Audit & Assurance Technical core competencies provide clarity and consistency of expectations to ensure the minimum audit technical requirements are being met by relevant grades to drive Audit Quality, which is fundamental to achieving our ambition to become the most trusted and trustworthy firm. The relevant competencies for this role are:
* Technical knowledge: Understands relevant technical accounting and financial reporting standards, regulations and accounting literature.
* Risk assessment: Prepares for the audit execution design with a focus on risk assessment.
* Controls testing: Tests and evaluates internal controls to assess impact on engagement.
* Substantive procedures: Executes substantive audit procedures, gathering evidence and forming conclusions that contribute to audit objectives.
* Evaluation of audit results: Evaluates evidence from audit procedures to determine if audit objectives were achieved.
* Documentation: Completes audit documentation demonstrating an unwavering focus on audit quality.
Skills we’d love to see/Amazing Extras:
* Significant Audit experience within a ‘Big 4’ consultancy, or mid-tier firm.
* Significant experience of working with financial service entities such as banks, insurers, asset managers, real estate entities or private equity groups.
* Sound working knowledge of International Standards on Auditing.
* Sound working knowledge of IFRS and UK GAAP.
* Sound working knowledge of PCOAB/US GAPP and US GAAS.
To discuss this or wider Audit roles with our recruitment team, all you need to do is apply, create a profile, upload your CV and begin to make your mark with KPMG. Our Locations: Audit at KPMG covers the entire UK. With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options. If you have a need for flexibility, please register and discuss this with our team.
Expected salary:
Location: London
Job posting date: Fri, 12 Jul 2024 05:57:01 GMT
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