Senior Associate, Audit

M E Kong & Associates Sdn Bhd; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

M E Kong & Associates Sdn Bhd in Kuala Lumpur seeks a Senior-in-Charge to lead risk-based audit engagements, guide fieldwork, and ensure quality within budget constraints.

You will formulate audit strategies, assess internal controls, review junior papers, and manage client relationships to deliver timely statutory reports under IFRS/MFRS frameworks. The role demands strong leadership, technical accounting knowledge, and ability to coordinate with tax and secretarial teams.

Qualifications

• Senior-in-Charge with leadership of risk-based audits.
• Ability to supervise teams and coach juniors.
• Strong IFRS/MFRS technical accounting knowledge.

Responsibilities

• Lead end-to-end fieldwork and ensure deliverables meet standards and budget.
• Formulate risk-based audit strategies and design procedures.
• Review junior working papers and provide coaching.
• Audit high-risk areas under IFRS/MFRS.
• Assess internal controls and draft recommendations for Management Letters.
• Draft statutory financial statements and audit reports for sign-off.
• Manage client communication and address review points with managers/partners.
• Coordinate with tax and company secretarial teams to ensure compliance.

Skills

Engagement Leadership

Audit Execution

Team Supervision

Client Management

IFRS/MFRS

Job description

Lead risk-based audit engagements as Senior-in-Charge. Formulate audit strategies, evaluate internal controls, handle complex IFRS/MFRS technical accounting, review junior working papers, and manage client relationships to ensure timely delivery.

Job Responsibilities:

Engagement Leadership & Execution: Act as Senior-in-Charge to manage end-to-end fieldwork execution, ensuring deliverables meet firm methodology, quality standards, and budget constraints.

Audit Planning & Risk Assessment: Formulate risk-based audit strategies, calculate materiality thresholds, and design audit test procedures for Manager and Partner approval.

First-Level Review & Team Supervision: Review working papers and audit evidence prepared by junior associates, providing constructive technical coaching, feedback, and quality control.

Complex Technical Accounting: Audit high-risk financial areas (e.g., revenue recognition, complex provisions, impairment tests, and consolidated group structures) under IFRS/MFRS frameworks.

Internal Control Evaluation: Assess client business cycles and internal controls, identifying control deficiencies and drafting practical recommendations for inclusion in Management Letters.

Financial Statement Drafting: Review and finalize statutory financial statements, notes to the accounts, disclosures, and draft audit reports for managerial sign-off.

Review Point Management: Address and resolve Manager and Partner review points efficiently to ensure timely engagement sign-off.

Client Relationship Management: Lead day-to-day audit communication with client finance management, leading operational discussions on audit findings, client queries, and adjustments.

Tax & Statutory Alignment: Verify complex tax computations and provisions, coordinating with internal tax teams and company secretaries to finalize compliance requirements.