Audit & Assurance Assistant Manager
Accounting & Finance Jobs
Job Description
To support the Audit Engagement Partner with the management and execution of a seamless, high quality audit and in the delivery of audit services to a client on a delegated engagement. Focus on the management and delivery of client engagements, as well as sales and practise development. Develop high-performing people and teams, leading and supporting them to make an impact that matters, and setting the direction to deliver exceptional client services.
Duties and Responsibilities
Strategic Impact
Supports the Senior Manager on delivery of designated engagement / project, managing the implementation of the agreed deliverables
Tracks outputs against Service Level Agreement and reports to Senior Manager on any unforeseen issues arising
Seeks to identify additional sales opportunities in client business
Assists in the preparation of proposals/tenders and presentations on request
Is a support resource in planning of sales presentations and client negotiation teams for new and retained business
Develops market network in business and builds relationships that generate leads
Builds relationships across Deloitte service lines to understand broader offerings and seeks opportunities for cross-selling
Generates innovative solutions on projects / engagements in collaboration with team members to enhance / renew service offerings to client
Wining Business:
Contributes to the regional and business areas winning business strategy and targets, including contribution to Industry Manager initiatives and cross service line selling and collaboration.
Budgets / Profitability
Manages engagement budget through accurate budgeting, cost control and profitability management
Monitors that time and expenses on engagement are accurately recorded and submitted weekly
Manages WIP on engagement and ensures billings are timeously done and collections followed up
Effective budget management
Costing current for engagement
Accurate WIP for forecasting and reporting
Development/ Growth of Team
Shares expertise and knowledge with team members and counselees on an ongoing basis
Develops good working relationships with key talent in team to optimise performance and support growth, development, retention.
Supports inconsistent, poor performance through firm’s processes
Monitors resource requirements for engagement and communicates to Engagement Partner the need for increase / decrease in team headcount
Maintains own development and knowledge in specialised area
ICAZ Compliance:
Manages, coaches, mentors Audit Trainees per the firm and ICAZ requirements
Compliance with ICAZ requirements in regards to the evaluation and assessment of audit trainees and the ICAZ Training Programme, thereby supporting the continued accreditation of the Training Office and quality training experience for the trainees
Transformation:
Support and contribute to the firm, service line and business area Transformation strategy
Positive upward feedback from junior staff
Key talent retention
Optimise performance and development
Streamlined delivery to clients
Current best practice at all times
Self-development, growth and progression
ICAZ Accreditation Review
Timeous and quality review and evaluation of PSR’s, TSR’s, ANA’s
Regular DF/Coach Touch base meetings
Successful Formal / Informal Performance Management Processes
Technical and Professional Capabilites
Stakeholder
Focus
Leverages a deep understanding of audit and risk advisory services and stakeholder needs to deliver high quality engagements
Become experts in risk assessments and audit responses
Audit professionals are required to obtain an understanding of the entity and its environment, including the entity’s internal control.
This is a continuous dynamic process of gathering, updating and analysing information throughout the audit.
Audit professionals are also required to have knowledge of relevant accounting standards applicable to the entity.
Auditors are required to perform risk assessment procedures to provide a basis for the identification and assessments of the risks of material misstatement
Integrate engagement teams and manage referred work
Involving internal specialists early and often in audits leads to cohesive, well integrated engagement teams.
As auditors we have a responsibility to understand the scope of work performed by the experts and specialists, supervise their procedures, review their working papers and understand the conclusions that they reach.
Supervision, communication and review in relation to the work performed by component auditors are important activities to determine appropriate identification and response to assessed risks of material misstatement to the group financial statements and, more broadly, adherence to the DTTL Audit Approach Manual
Make appropriate use of tools, guidance and methodology
Delivery of high quality audits via a number of enablers:
Global Audit Imperatives: Fundamental tenets applicable for all audits to drive the pursuit of professional excellence and quality audits
Professional Excellence: Tools and resources for audit practitioners that focus on behaviours required to deliver the highest professional excellence
Methodology, content, guidance, learning and tools: Enhancement and supplementation to existing resources to reflect changing standards and expectations, which continue to provide the foundational elements in performing a quality audit
DA/EMS: Continued roll out of Deloitte Audit across the Deloitte network
Manage project plans to optimize engagements
Development and management of a project plan is a critical component to executing high quality audits. A robust project plan includes key activities, milestones, deadlines, and priorities for all engagement team members, including P/P/Ds, professionals, component auditors and specialists
Formulate reasonable judgements and conclusions in order to deliver informative and timely outputs
Making reasonable judgements involves:
identifying the issue
applying knowledge of business, financial accounting and reporting and information technology
researching the topic and considering different perspectives
evaluating alternatives in the light of the relevant facts and circumstances
considering whether a suitable process was followed in reaching a conclusion and whether sufficient appropriate audit evidence exists to support it
consulting as appropriate documenting the conclusion and the rationale for it
Apply Ethical and Professional Standards
Compliance with auditing and accounting standards, relevant laws and regulations (including specific local laws and regulations), ethical standards, independence requirements and the audit firm's quality control procedures
Inclusive Leadership and action plan for respective transformation trainee development and retention opportunities
Qualifications and Experience
Qualifications
Honours Bcom Accounting and CA (Z) (desirable)
4 years working experience and a Bcomm Accounting plus ITC or ACCA
3 years in a client facing role with supervisory experience/ 3 years Articles post Certificate of Theory in Accounting (CTA)
Additional Information
Technical
Expert in field with sound industry and business knowledge
Demonstrated leadership skills
Sales skills
Proven ability to manage and execute projects
Experience in drafting and presenting client proposals
Excellent report writing skills
Good financial knowledge
Sound business acumen
Behavioural
Excellent communication skills, both written and verbal
Effective interpersonal and relationship building skills
Good mentorship and coaching ability with desire to develop self and others
Strong client delivery focus
Adaptable, managing change and ambiguity with ease
Focus on quality and risk
Sound problem solving ability
Deloitte is an equal opportunity employer.
