Audit Manager

KPMG South Africa; South Africa; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading audit firm in South Africa is seeking an experienced Financial Services - Audit Manager to oversee audits for large banking clients. The ideal candidate will demonstrate strong leadership and technical skills, managing audits while ensuring compliance with IFRS standards and maintaining a commitment to audit quality. This role offers an exciting opportunity to lead a team in a dynamic and challenging environment.

Qualifications

• Minimum 1 year of experience since completion of training contract.
• Proven track record in audit management.
• Strong technical knowledge of IFRS and auditing standards.

Responsibilities

• Manage and oversee the planning and execution of bank audits.
• Engage with group auditors and specialists on audit matters.
• Provide leadership in audit quality and technical standards.
• Present audit findings to clients and manage engagement relationships.
• Ensure effective resource planning and team management.
• Drive audit quality and maintain professional ethics.

Skills

Deep understanding of audit risks in banking

Good organisation skills

Ability to see the bigger picture

Strong leader

Team player

Ability to work under pressure

Good communication and interpersonal skills

Up to date with industry knowledge and standards

Enthusiasm and initiative

Education

CA (SA) or equivalent qualification

Job description

Job title/position:

Financial Services - Audit Manager

Number of positions:

5

Function and Business Unit:

Financial Services - Banking

Description of the role and purpose of the job:

The Financial Services Audit division provides audit services to the largest banking clients in South Africa. Audit managers are required to guide, manage and oversee the planning, staffing and supervision of audits of large banking clients. We aim to provide clients with audits of the highest quality that add value to their business.

Key responsibilities:

• Manage and oversee the planning and running of a large audit of a bank/division of a bank.
• Engagement with group auditors/fellow joint auditors with respect to cross reviews/ISA 600 responsibilities on audit matters.
• Liaise with specialists, including actuaries, tax professionals and IT auditors regarding their involvement and scope on the engagement and determining the impact on the audit approach of any findings they might raise
• Provide IFRS technical, audit operational and audit quality leadership with a focus on professional scepticism
• Presenting audit findings relating to the respective engagement to clients as well as assisting with audit committee document submission.
• Management of staff with respect to equitable planning of resources and ensuring that teams are adequately transformed
• Demonstrate a strong tone and culture supporting audit quality through a commitment to maintain objectivity, professional scepticism, ethics and integrity.
• Have the operational accountability and responsibility to drive audit quality in response to the needs of stakeholders and external regulators
• Reviewing the work performed by junior resources to ensure that the various audit risk factors have been accurately addressed and documented
• Communicate with the highest levels of staff at the client
• Take commercial and contractual responsibility for managing engagement billings, collections and identification of overrun opportunities

Skills and attributes required for the role:

• Deep understanding of the audit risks within a banking environment
• Good organisation skills
• Able to see the bigger picture
• Strong leader
• Team player
• Ability to work under pressure
• Good communication (verbal and written) and interpersonal skills
• Up to date with financial services industry knowledge and processes, auditing standards and global best practice templates
• Enthusiasm, individual initiative with self-drive

Minimum requirements to apply for the role (including qualifications and experience):

• CA (SA) or equivalent qualification, and has at least 1 year of experience since completion of training contract.