Senior Audit Manager

ACCA Careers; Brakpan; On-site; ZAR 400 000 - 500 000; Full time

Job summary

A leading financial services firm seeks a Senior Audit Manager to oversee audits for large banking clients. The role requires experience in global markets audits and IFRS knowledge. Key responsibilities include leading audit planning, engaging with auditors, and communicating findings to clients. Candidates must have a CA (SA) or equivalent qualification and at least 4 years of post-qualification experience. This position offers a competitive opportunity to contribute to high-quality audits in a dynamic environment.

Qualifications

• At least 4 years of experience since completion of training contract.
• Strong leadership and team player abilities.
• Current knowledge of financial services industry and auditing standards.

Responsibilities

• Manage and oversee audits for large banking clients.
• Engage with group auditors on audit matters.
• Review work performed by junior resources.
• Communicate audit findings to clients.

Skills

Understanding of accounting under IFRS

Deep understanding of audit risks in banking

Good organisational skills

Strong leader

Good communication skills

Ability to work under pressure

Education

CA (SA) or equivalent qualification

Job description

Job Title

Senior Audit Manager (with FEG experience) - Financial Services

Number of Positions

One

Function and Business Unit

Financial Services - Banking

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, 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

• Manage and oversee the planning and running of a large audit of a bank/division of a bank, including global market/treasury divisions.
• 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.
• Present audit findings relating to the respective engagement to clients as well as assisting 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 the operational accountability and responsibility to drive audit quality in response to the needs of stakeholders and external regulators.
• Review 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

• Understanding of accounting under IFRS, especially as it relates to IFRS 9 financial instruments.
• Deep understanding of the audit risks within a banking environment, especially within a global markets division.
• Good organisational 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 4 years of experience since completion of training contract.