Audit Assistant Manager - Insurance Team

Ambition; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking an Audit Assistant Manager to join their dynamic Financial Services Team. This role offers a unique chance to engage with a diverse client base, from large listed corporates to smaller privately owned companies. The firm emphasizes a favorable work-life balance and provides excellent opportunities for career advancement based on merit. You will play a key role in conducting audits, guiding junior team members, and delivering valuable insights to clients. If you're passionate about audit and looking for a supportive environment to grow your career, this position is an exciting opportunity to consider.

Qualifications

• ACCA/ACA qualified with experience in external commercial auditing.
• Must have at least 18 months of UK experience with insurance clients.

Responsibilities

• Assist in planning and executing audits for diverse clients.
• Provide training and feedback to junior audit team members.
• Respond to client queries efficiently and professionally.

Skills

Statutory Audits

Client Liaison

Analytical Skills

Problem Solving

Education

ACCA/ACA qualified or equivalent

Job description

Audit Assistant Manager - (Insurance Team)
Ambition is partnering with a Top 10 ranked audit firm to find an Audit Assistant Manager for their Financial Services Team. This role offers a unique opportunity to work with a diverse range of clients, from large listed corporates to privately owned companies.

One of the best aspects of the team is the variety of clients you will work with. For smaller clients lacking structured processes, you will play an integral role in providing business advice. Conversely, you will also work with large corporates and listed businesses, including FTSE, LSE, and AIM listed clients.

The firm offers great flexibility and a favourable work-life balance compared to larger firms, along with excellent opportunities for progression. Advancement is based on quality rather than tenure, with numerous examples of rapid promotions after joining the firm. To support this growth, the firm provides training on both soft skills and technical skills.

Key Responsibilities:

1. Participate in pre-assignment discussions with the audit team.
2. Assist the senior auditor in completing the planning section.
3. Understand the objectives and budget requirements of each assignment.
4. Allocate tasks to junior audit team members.
5. Provide on-the-job training, review their work, and give feedback.
6. Ensure on-site work aligns with the approved plan and budget.
7. Inform the manager of any developments that may require a strategy change.
8. Propose logical solutions to problems.
9. Prepare a detailed assignment memorandum with an appropriate analytical review.
10. Address manager and partner review points and follow up on any outstanding queries.
11. Respond to client queries and concerns efficiently and professionally, often interacting directly with senior management.
12. Offer sound advice to clients and demonstrate knowledge of business issues.
13. Provide a detailed analysis of time charged on each assignment to aid in billing and future planning.

Requirements:

1. Qualifications: ACCA/ACA qualified or equivalent.
2. Experience: Required experience in external commercial auditing, especially adhering to International Standards on Auditing (ISAs).
3. Background: External audit within Insurance sector.
4. Skills: Conducting statutory audits and half-year review engagements in line with UK Auditing Standards, from planning to completion, reporting directly to the manager and engagement partner. Experience in client liaison from the planning stage to audit completion, identifying opportunities to add value.
5. Must have at least 18 months of UK experience with insurance clients.