IFRS Technical Senior Manager

BDO South Africa; Rosebank; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A prominent auditing firm in Gauteng is seeking an experienced professional to advise on accounting standards, offer technical consultations, and enhance audit staff training. The ideal candidate will have a robust understanding of the latest standards and experience in financial reporting. Responsibilities include providing compliance reviews and technical support to partners and clients, ensuring optimal audit practices across the board.

Qualifications

• Strong knowledge of accounting standards and regulations.
• Experience in auditing and financial consultations.
• Proven skills in training and developing audit staff.

Responsibilities

• Advise partners and clients on accounting standards.
• Provide technical support and training to audit staff.
• Review reports for compliance with accounting standards.

Job description

Overview

Primary purpose of the role

Advise, consult, assist and support partners, managers, audit staff, and other BDO departments on requirements and practical applications of accounting standards

Principle outcomes

• Technical audit consultations
• Qualified audit staff training
• Communications regarding changes to methodology, tool, standards and procedures
• Audit efficiency via templates
• Efficiency Projects

Job Description

• Provide advice to partners, managers, audit staff and other BDO departments on requirements and practical application of accounting standards.
• Consult with BDO Global when deemed necessary
• Provide answers to accounting issues raised on the technical help desk
• Advise clients on impact of new standards and amendments and advise on practical implementation
• Provide written formal opinions when requested
• Assist partners in replying to IRBA queries regarding accounting standards
• Assist clients in replying to questions arising from JSE pro-active monitoring
• Provide first-line support on practical application of Companies Act in so far as it affects financial reporting
• Assist in preparing briefs for attorneys on legal matters arising on audits
• Participate in BDO Global IFRS Working Group and sub-groups
• Provide input to BDO Global on comments on exposure drafts, proposed amendments to standards, technical interpretations
• Monitor annual reports of non-BDO listed clients to compare to BDO reports and ideas for wordings and explanations for inclusion in annual reports
• Review annual reports when requested for compliance with accounting standards, JSE Listing Requirements and King Code
• Committee codes
• Review working papers and agreements relating to areas of compulsory consultation
• IAS 36 Impairment of Assets
• IFRS 13 Fair Value measurement
• IFRS 2 Share Based Payment
• IFRS 3 Business Combinations
• Distribute BDO technical bulletins and prepare SA bulletins when the need is identified
• Participate in SA Auditing and Accounting Standards Committee (Technical Committee)
• Remain up to date with new standards and amendments and developments in SA and international business / finance / economics that may have accounting implications of interest
• Identify training needs to be addressed and facilitate the training to professional staff and supervise the training to all other audit staff
• Inclusion in annual reports