Audit Manager at Deloitte

Job description

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivalled opportunities tsucceed and realize your full potential.

Main Purpose of Job

Tsupport the Partner in delivery of services t/ at client premises on specific delegated engagements / project[GB(-J1] .

Qualification

• Minimum Qualifications - Registered CA
• Minimum 5 years working experience
• Desired - 3 years in a client facing role

What you’ll d/ Specialized Competencies

• Stakeholder focus
• Leverages a deep understanding of audit and risk advisory services and stakeholder needs tdeliver high quality engagements
• Become an expert in risk assessments and audit responses
• Audit professionals are required tobtain an understanding of the entity and its environment, including the entity’s internal control. This is a continuous dynamic process of gathering, updating and analysing information throughout the audit.
• Audit professionals are alsrequired thave knowledge of relevant accounting standards applicable tthe entity.
• Auditors are required tperform risk assessment procedures tprovide a basis for the identification and assessments of the risks of material misstatement
• Integrate engagement teams and manage referred work
• Involving internal specialists early and often in audits leads tcohesive, well integrated engagement teams. As auditors we have a responsibility tunderstand the scope of work performed by the experts and specialists, supervise their procedures, review their working papers and understand the conclusions that they reach.
• Supervision, communication and review in relation tthe work performed by component auditors are important activities tdetermine appropriate identification and response tassessed risks of material misstatement tthe group financial statements and, more broadly, adherence tthe DTTL Audit Approach Manual
• Make appropriate use of tools, guidance and methodology
• Delivery of high quality audits via a number of enablers:
• Global Audit Imperatives: Fundamental tenets applicable for all audits tdrive the pursuit of professional excellence and quality audits
• Professional Excellence: Tools and resources for audit practitioners that focus on behaviours required tdeliver the highest professional excellence
• Methodology, content, guidance, learning and tools: Enhancement and supplementation texisting resources treflect changing standards and expectations, which continue tprovide the foundational elements in performing a quality audit
• DA/EMS: Continued roll out of Deloitte Audit across the Deloitte network
• Manage project plans toptimize engagements
• Development and management of a project plan is a critical component texecuting high quality audits. A robust project plan includes key activities, milestones, deadlines, and priorities for all engagement team members, including P/P/Ds, professionals, component auditors and specialists
• Formulate reasonable judgements and conclusions in order tdeliver informative and timely outputs
• identifying the issue
• applying knowledge of business, financial accounting and reporting and information technology
• researching the topic and considering different perspectives
• evaluating alternatives in the light of the relevant facts and circumstances
• considering whether a suitable process was followed in reaching a conclusion and whether sufficient appropriate audit evidence exists to support it
• consulting as appropriate documenting the conclusion and the rationale for it
• Apply Ethical and Professional Standard
• Compliance with auditing and accounting standards, relevant laws and regulations (including specific local laws and regulations), ethical standards, independence requirements and the audit firm's quality control procedures
• Key Performance areas
• Strategic Impact
• Supports the Senior Manager on delivery of designated engagement / project, managing the implementation of the agreed deliverables
• Tracks outputs against Service Level Agreement and reports tSenior Manager on any unforeseen issues arising
• Seeks tidentify additional sales opportunities in client business
• Assists in the preparation of proposals/tenders and presentations on request
• Is a support resource in planning of sales presentations and client negotiation teams for new and retained business
• Develops market network in business and builds relationships that generate leads
• Builds relationships across Deloitte service lines tunderstand broader offerings and seeks opportunities for cross-selling
• Generates innovative solutions on projects / engagements in collaboration with team members tenhance / renew service offerings tclient
• Client Impact: External / Internal
• Manages day-to-day deliverables of team on client engagements / projects
• Proactively identifies client service and technical issues and implements resolutions taddress these
• Develops productive working relationships with client teams
• Builds network of relationships across Deloitte tunderstand other service line offerings and tmarket own functional area
• Establishes and maintains good working relationships with external clients across industries
• Participates in thought leadership process and shares functional and industry knowledge and expertise with clients, colleagues and teams
• Operational Effectiveness
• Leads delivery of team based on the SLA and identifies and addresses any areas of concern in outputs
• Manages engagement/project risk tensure that the firm’s risk policies as well as risk tclient confidentiality is aligned at all times
• Consistently reviews and analyses standard and quality of team deliverables and implements changes as necessary
• Meets regularly with client and client teams tunderstand issues, anticipate needs and address these
• Keeps Senior Manager updated on status of engagement
• Communicates need for any changes in engagement / project plan tSenior Manager for discussion with Engagement sponsor / client
• Provides ongoing communication tteams on status of engagement / project, changes, achievements, etc.
• Drives Deloitte values of exceptional service tclients, growing the firm’s brand and talent development
• Development/Growth of Team
• Shares expertise and knowledge with team members and counselees on an ongoing basis
• Develops good working relationships with key talent in team
• Monitors resource requirements for engagement and communicates tSenior Manager the need for increase / decrease in team headcount
• Maintains own development and knowledge in specialised area
• Budgets / Profitability
• Manages engagement budget through accurate budgeting, cost control and profitability management
• Monitors that time and expenses on engagement are accurately recorded and submitted weekly
• Manages WIP on engagement and ensures billings are timeously done and collections followed up

Your role as a leader

• At Deloitte we believe in the importance of leadership at all levels. We expect our people tembrace and live our purpose by challenging themselves tidentify issues that are most important for our clients, our people, and for society and make an impact that matters. In addition tliving our purpose, Managers across our organization:
• Develop high-performing people and teams through challenging and meaningful opportunities
• Deliver exceptional client service; maximize results and drive high performance from people while fostering collaboration across businesses and borders
• Influence clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Understand key objectives for clients and Deloitte; align people tobjectives and set priorities and direction
• Leadership / Behavioural Capabilities
• Living our Purpose - Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make
• Influence - Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Performance drive - Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders
• Strategic direction - Understands key objectives for clients and Deloitte, aligns people tobjectives and sets priorities and direction
• Talent development - Develops high-performing people and teams through challenging and meaningful opportunities