Junior Audit Manager (JHB Illovo) at BDO South Africa

Description

• BDO South Africa has a vacancy for an Junior Audit Manager with extensive insurance expertise and experience within our Financial Services Division.
• The primary purpose of the role is to assist the Partners at BDO Financial Services with identifying, leading, and managing key accounts and implementing business development within the Insurance sector in South Africa, focusing on external audit and advisory services. 
• The Manager will also be given the responsibility to lead Insurance project engagements in both the audit (external and internal) and advisory areas of the Financial Services division, based out of Johannesburg. This role will involve taking responsibility for the planning, execution and delivery of engagements; leading project and audit teams to achieve this; and building and maintaining client relationships while delivering on this. 

In addition, the Manager will be expected to get involved with the day-to-day operations of the Financials Services business unit, which include (but are not limited to) functions such as: 

• Finance (budget and WIP monitoring and management), 
• Staff recruitment, 
• Staff training, 
• Counselling / mentoring audit trainees under the SAICA assessor program, 
• Coaching / mentoring junior managers,
• Audit quality,
• Risk management / client onboarding, and
• Assisting leadership of FS with proactively contributing to setting the FS strategy and then implementing the strategy plan in the Insurance sector, once approved. 

We are looking for candidates who would be:

• A go-getter looking for exciting career growth opportunities in a fast-growing business unit within a leading professional services firm. A self-starter that is able to project manage and run assignments and teams independently, with a passion for client relationships and mentoring young CA talent.
• Able to analyse and make decisions regarding complex accounting, auditing, and risk management matters, relating to the Insurance industry;
• Able to develop and review high quality working papers, audit files and reports, and then be able to present the results to senior level staff members at BDO and at clients (C-level staff and Audit / Risk Committee equivalents);
• Able to identify key areas of change and subjectivity affecting the Insurance industry in South Africa, research these areas and summarise internal views and consultations, with a view to providing thought leadership out to the FS market on Insurance;
• Able to collaborate with the existing FS team as part of a flat reporting structure; and to collaborate with other FS Managers, Senior Managers, Associate Directors and Partners across BDO Financial Services.

Requirements

• B. Com Honours; CA (SA) qualification
• A minimum of 2-3 years’ post-qualification experience;
• Specific experience in insurance external audit engagements at a professional services firm, and/or insurance work experience outside practice, but within the industry post articles.
• A sound knowledge of and exposure to the IASB accounting standards, audit standards (ISA’s) currently in issue, and a wide general knowledge of legislation and regulations that could affect financial reporting in the insurance industry;
• Deep knowledge and experience with the application of IFRS 17 and all the ISA’s currently in issuance