Audit Manager (FEG (with global markets experience))
Title: Financial Services - Audit Manager (with global markets experience)
Number of positions: 2
Function and Business Unit: Financial Services - Banking
Location: Johannesburg, Gauteng, South Africa
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Accounting / Auditing and Finance
Industries: Accounting
Job Description:
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.
This specific role will also be responsible for managing Global Markets division audits at banks.
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, including global market / treasury divisions.
- Engage with group auditors / fellow joint auditors regarding cross-reviews / ISA 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.
- Present audit findings to the client and assist with audit committee document submission.
- Manage 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 operational accountability to drive audit quality in response to the needs of stakeholders and external regulators.
- Review work performed by junior resources to ensure that 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
- Understanding of accounting under IFRS, especially IFRS 9 financial instruments.
- Deep understanding of 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
- CA (SA) or equivalent qualification, and at least 2 years of experience since completion of training contract.