Audit Senior Manager (FEG experience)

ACCA Careers; Brakpan; On-site; ZAR 600 000 - 1 000 000; Full time

Job summary

An established industry player is seeking a Senior Audit Manager to lead audits for major banking clients. This role demands expertise in IFRS and a strong understanding of audit risks within global markets. You will oversee audit planning and execution, ensuring compliance with high standards while engaging with various stakeholders. Join a dynamic team that values professional integrity and quality, and contribute to delivering exceptional audit services that enhance client value. If you thrive in a challenging environment and possess strong leadership skills, this opportunity is perfect for you.

Qualifications

• 5+ years of experience in audit management, especially in banking.
• Strong understanding of IFRS and audit risks in global markets.

Responsibilities

• Manage audits of large banking clients, ensuring high-quality standards.
• Engage with specialists and present audit findings to clients.
• Drive audit quality and manage resources effectively.

Skills

IFRS Accounting

Audit Risk Management

Leadership

Communication Skills

Organizational Skills

Team Player

Ability to Work Under Pressure

Financial Services Knowledge

Education

CA (SA) or equivalent qualification

Job description

Job Title/position

Financial Services - Senior Audit Manager with FEG experience

Number Of Positions

One

Function And Business Unit

Financial Services - Banking

Description

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. This specific role will also be responsible for managing Global Markets division audits at banks, and Global markets and or derivatives audit experience is therefore an imperative. We aim to provide clients with audits of the highest quality that add value to their business.

Key Responsibilities

1. Manage and oversee the planning and running of a large audit of a bank/division of a bank, including global market/treasury divisions.
2. Engagement with group auditors/fellow joint auditors with respect to cross reviews/ISA 600 responsibilities on audit matters.
3. 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.
4. Provide IFRS technical, audit operational and audit quality leadership with a focus on professional scepticism.
5. Present audit findings relating to the respective engagement to clients as well as assisting with audit committee document submission.
6. Management of staff with respect to equitable planning of resources and ensuring that teams are adequately transformed.
7. Demonstrate a strong tone and culture supporting audit quality through a commitment to maintain objectivity, professional scepticism, ethics and integrity.
8. Have the operational accountability and responsibility to drive audit quality in response to the needs of stakeholders and external regulators.
9. Review the work performed by junior resources to ensure that the various audit risk factors have been accurately addressed and documented.
10. Communicate with the highest levels of staff at the client.
11. Take commercial and contractual responsibility for managing engagement billings, collections and identification of overrun opportunities.

Skills And Attributes Required For The Role

1. Understanding of accounting under IFRS, especially as it relates to IFRS 9 financial instruments.
2. Deep understanding of the audit risks within a banking environment, especially within a global markets division.
3. Good organisation skills.
4. Able to see the bigger picture.
5. Strong leader.
6. Team player.
7. Ability to work under pressure.
8. Good communication (verbal and written) and interpersonal skills.
9. Up to date with financial services industry knowledge and processes, auditing standards and global best practice templates.
10. Enthusiasm, individual initiative with self-drive.

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

1. CA (SA) or equivalent qualification, and has at least 5 years of experience since completion of training contract.