Senior Associate Auditor (Cayman Islands) ~US$75,000 income tax free

Island Paradise Recruitment; Greater London; On-site; USD 75,000; Full time

Job summary

An established industry player is seeking qualified auditors eager to advance their careers in the Cayman Islands. This exciting opportunity offers the chance to lead various audit engagements while working alongside experienced professionals. The role promises invaluable hands-on experience in a dynamic environment, with comprehensive training provided. Enjoy a tax-free salary, relocation package, and a vibrant expat community. Join a thriving financial hub and take your career to new heights in one of the world's most desirable locations!

Benefits

Relocation Package

Annual Discretionary Bonus

Medical Benefits

Pension Plan

20 Days Holiday/Annual Leave

Qualifications

• Qualified or soon-to-be-qualified accountant with audit experience.
• Minimum 3 years of external audit experience preferred.

Responsibilities

• Lead audit engagements from planning to completion.
• Prepare detailed audit work for investment structures and insurance entities.

Skills

External Audit Experience

Accounting Standards (US GAAP, IFRS)

Client Correspondence

Financial Statement Review

Education

Qualified Accountant (ACA, ACCA, CA, CPA)

Job description

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Director at Island Paradise Recruitment | Accounting & Finance Recruitment | Cayman Islands

About the role

We are looking for qualified or soon-to-be-qualified auditors interested in growing their careers in the Cayman Islands. We have a number of roles available at the global accounting firms starting from September/October 2025 onwards. Even if you’re completing your final exams this summer, now is the ideal time to apply. Secure your role in advance and get ready to relocate to one of the world’s leading offshore financial services centres once you qualify!

You will take the lead on a variety of audit engagements, focusing on asset management (funds) and/or insurance. Your responsibilities will include managing the audit file from planning to completion, and performing an initial review of financial statements before they are reviewed by the manager. Reporting directly to experienced managers, directors, and partners, you’ll gain invaluable hands-on experience and insights from seasoned professionals in the asset management and insurance sectors.

Primary responsibilities will include, but are not limited to:

• In-charge of/completing the audit file from planning through to completion.
• Preparing detailed audit work of various investment structures and related vehicles; or insurance entities.
• Performing a first review of the financial statements in accordance with US GAAP and IFRS.
• Researching accounting and regulatory issues.
• Corresponding professionally with clients and service providers.
• Ensuring engagements are delivered on time and within budget.

Please note that the job location is the Cayman Islands and would be an on-site role on a 1.5-2 year minimum contract (promotions and pay raises can occur during the contract). A relocation and work permit package would be provided.

The requirements

• A qualified or soon-to-be-qualified accountant (e.g., ACA, ACCA, CA, CPA, CA(SA), CRC, etc.). [If you still have exams remaining in 2025, this is an excellent opportunity to apply and secure an offer ahead of qualification].
• A minimum of 3 years’ recent external audit experience (by the start date), preferably within a Big Four or Top 10 environment.
• Financial services experience (asset management or insurance) is not required, as comprehensive training will be provided.

Compensation and benefits

• Annual salary: approximately US$75,000 income tax free.
• A relocation package (flights, 2 weeks in a hotel and 2 weeks car hire etc).
• Annual discretionary performance related bonus.
• ~20 days holiday/annual leave.
• Medical and pension perks.
• Excellent learning and career growth opportunities.
• Gain experience in one of the world’s leading offshore financial services centres.

Why the Cayman Islands?

A Slice of Paradise:

Cayman’s Seven Mile Beach, with its crystal-clear waters and pristine white sand, was ranked #15 in TripAdvisor's 2024 annual Travellers' Choice Awards for the world’s best beaches. The island offers a wide range of activities, including visiting the world-famous Stingray City, exploring the Bioluminescence Bay, diving, kitesurfing, surfing, deep-sea fishing, and other water sports. You'll also find an impressive selection of top-tier restaurants and much more to enjoy in this tropical haven.

The Cayman Islands is a leading offshore financial centre, attracting top-tier expertise to support and assure financial markets. Cayman is the leading offshore domicile for investment funds globally, with approximately 70% of non-US domiciled funds managed by US-registered investment advisers based here, according to the US Securities and Exchange Commission.

Cayman is also a significant player in the insurance industry, holding the position as the second-largest domicile for captive insurance entities globally and one of the fastest-growing reinsurance domiciles in the world.

The dynamic nature of the expat workforce in Cayman provides unique opportunities for fast-track promotions. Employees often work for a few years before moving on, opening doors for career advancement. Gaining experience in asset management or insurance auditing in one of the world’s leading offshore financial hubs is a valuable addition to any CV, offering a competitive edge for future career opportunities.

A Thriving Expat Community:

Cayman has a vibrant expat community, particularly in the financial services sector. Each year, a large number of audit senior associates relocate to the Cayman Islands—typically between September and January—creating a fantastic environment for networking and socializing. Activities like beach BBQs, boat trips, and sporting events, such as beach volleyball and rugby, are part of everyday life in Cayman.

Seamless Travel Connections:

Cayman is well-connected with direct flights to major destinations, including Miami (1h 30m), New York (3h 45m), Cuba (1h 10m), the Bahamas (1h 35m), London Heathrow (11h), Los Angeles (6h), Toronto (4h), Denver (4h 30m), Panama (2h), Honduras (1h 30m), Jamaica (1h), and more—making it an excellent base for travel enthusiasts.

Tropical Climate:

Located in the Caribbean, the Cayman Islands enjoys warm temperatures year-round, typically ranging between 25°C and 30°C. The average sea temperature in the Cayman Islands is warm and inviting year-round, making it an ideal destination for water activities like swimming, snorkelling, and diving.

Tax-Free Living:

With no income tax, the Cayman Islands offers the opportunity to earn your full salary and bonus tax-free, allowing you to maximize your earnings.

Confidentiality when applying

We act with absolute confidentiality and we completely understand that your current employer might not be aware that you're exploring the job market. When you apply, your application is kept completely confidential from both your current employer and also the hiring company. If we feel you might be a good fit, we'll arrange a call with you to chat through the opportunity in more depth. Only after the call will we request permission to share your CV with the hiring company.

Disclaimer: All personal information collected during the application process will be used for recruitment-related purposes only. Only successful candidates will be contacted.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Financial Services, Accounting, and Funds and Trusts

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