AUDIT SUPERVISOR/ASSISTANT MANAGER

CHONG, LIM & PARTNERS LLP

Singapore

On-site

SGD 60,000 - 90,000

Full time

2 days ago
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Job summary

CHONG, LIM & PARTNERS LLP is seeking an Audit Supervisor / Assistant Manager to drive audits from planning through reporting in Singapore. You will liaise with engagement partners, lead audit teams, and manage client expectations and reporting deadlines.

Applicants should have 4+ years of external audit experience in a public firm, with group audit and consolidation exposure. Proficiency in MS Excel/Word and audit software is preferred.

Qualifications

  • Degree in Accountancy or ISCA qualification is preferred.
  • Minimum 4 years external audit experience in a public accounting firm (5 years for Assistant Manager).
  • Group audit and consolidation experience is required.
  • Solid working knowledge of Singapore Standards on Auditing, FRS/SFRS(I) and Companies Act requirements.
  • Ability to independently prepare a full set of financial statements with notes.

Responsibilities

  • Plan audits, assess risks and materiality, and set the audit approach and timetable.
  • Coordinate across concurrent statutory audits and special-purpose engagements.
  • Supervise fieldwork on high-risk areas (revenue, inventory, impairment, related parties).
  • Coordinate group audits and complete component auditor reviews.
  • Review working papers for sufficiency of evidence and compliance with standards.
  • Draft financial statements under FRS/SFRS(I) including group statements.
  • Identify and resolve accounting/audit issues and escalate as needed.
  • Guide and develop audit staff and supervise time budgets and deadlines.

Education

Degree in Accountancy / ISCA qualification

Tools

MS Excel
MS Word
Audit software

Job description

About the role

An Audit Supervisor / Assistant Manager role to run audit engagements end-to-end and serve as the key link between the engagement partner, the audit team and clients.

Key responsibilities
  • Plan audits, including understanding the client's business, assessing risks and materiality, and setting the audit approach and timetable.

  • Manage and perform the coordination function across various concurrent statutory audits and special-purpose engagements (e.g. agreed-upon procedures, grant and compliance audits).

  • Perform and supervise fieldwork on key and higher-risk areas such as revenue, inventory, impairment, related parties and going concern.

  • Coordinate group audits and consolidations, including instructions to and review of component auditors' work where applicable.

  • Review working papers prepared by team members and offshore support teams for quality, sufficiency of audit evidence and compliance with the Singapore Standards on Auditing and firm methodology.

  • Prepare and review financial statements under FRS / SFRS(I), including consolidated financial statements, statements of cash flows and disclosure notes.

  • Identify, research and resolve accounting and auditing issues, escalating significant matters to the engagement partner with proposed resolutions.

  • Draft management letters and completion memoranda, and clear partner review points within agreed timelines.

  • Guide, coach and develop audit associates and seniors on the job, and provide performance feedback.

  • Allocate and monitor work, time budgets and deadlines so that engagements are delivered on time.

  • Serve as the day-to-day contact for client management, managing information requests, expectations and reporting deadlines.

  • Review client acceptance and continuance procedures, including independence and AML/CFT checks.

  • Support the partner on billing and recovery, and contribute to the firm's quality management and training initiatives.

About you
  • Degree in Accountancy or a professional qualification recognised by ISCA is an advantage.

  • At least 4 years' external audit experience in a public accounting firm (5 years or more for Assistant Manager).

  • Group audit and consolidation experience.

  • Sound working knowledge of the Singapore Standards on Auditing, FRS / SFRS(I) and the financial reporting requirements of the Companies Act 1967.

  • Able to independently prepare a full set of financial statements with notes.

  • Proficient in MS Excel and Word; experience with audit software and with supervising remote or offshore teams is an advantage.

  • Exposure to corporate tax computations is an advantage.

  • Good written and spoken communication skills.

  • Strong time management and organisational skills, with the ability to handle multiple engagements during peak periods.

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