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Job

Audit Associate (ACA Part-Qualified) - London

💼 Graduate Job

London

AI generated summary

  • You must be ACA part-qualified with 12-18 months practice firm experience, audit-based training, and IFRS knowledge. Strong IT skills are essential.
  • You will be responsible for planning, conducting, and reviewing audit assignments, providing feedback to junior staff, holding team meetings, advising the audit manager, completing audit files, gaining experience in specialist audits, and maintaining effective communication with clients and colleagues.

Graduate Job

Accounting & TaxLondon

Description

Purpose and aim of job:

  • To ensure all work undertaken is carried out in accordance with the firm’s procedures
  • To be responsible for the day-to-day operation of each audit assignment for smaller assignments
  • To provide on the job training to more junior members of the firm

Requirements

  • To be progressing through training contract
  • Pass relevant professional examinations
  • Attend training courses
  • Possess IT skills in Word, Excel and audit software including Pentana Checker, Proaudit & Caseware
  • Assistant Manager/Manager:
  • Detailed briefing
  • Ongoing support and guidance
  • On the job training
  • Prompt response to queries
  • Daily contact
  • On site reviews
  • Partner:
  • On site reviews
  • Person Specification:
  • ACA part qualified;
  • Approximately 12-18 months relevant work experience in a practice firm;
  • Accountancy audit-based training; and
  • IFRS knowledge.

Area of Responsibilities

Accounting & Tax

Responsibilities

  • Accept responsibility for all work performed
  • Attend pre-audit discussions with partner and manager
  • Plan smaller audit assignments with the assistance of the audit partner and manager
  • Ensure an adequate briefing is held and other members of staff are briefed in detail
  • Ensure that the work undertaken on site is in accordance with the approved plan and budget
  • Review the work of more junior staff on each assignment and provide feedback to them
  • Hold daily team meetings to assess progress on smaller assignments
  • Advise the audit manager of progress on the job and any developments that may lead to a change in strategy on a daily basis
  • Suggest logical solutions to problems
  • For smaller audit assignments under withdrawn supervision, complete the audit file and pass the complete file for review to the manager subject only to key points raised for the manager’s attention, to include the following: Planning, Closing, Fixed assets, Stock, Debtors & Sales, Bank, Creditors & Purchases, Tax, VAT, Provisions, Reserves, Profit and loss, Payroll, Related parties, Trial balance
  • Under withdrawn supervision on larger audit assignments, complete the following sections: Creditors section: accruals, VAT, PAYE, HP and other; Debtors section: prepayments, accrued income and other; Provision of contingent liabilities; Capital and reserves; Related parties
  • Specialist audit assignments – gain experience at a junior level on solicitor reviews, charity audits and IFRS assignments
  • Complete appraisals in accordance with the firm’s procedures
  • Respond to client concerns in an efficient and professional manner
  • Be able to provide sound advice to clients and demonstrate knowledge of business issues
  • Responsibilities or involvement in management:
  • To act in a mentoring capacity for more junior staff
  • Coach more junior members of staff on the job
  • To promote the firm
  • Communication and business relationships required:
  • Effective internal communication – both oral and written – with Partners, Managers and other audit staff
  • Effective external communication with clients

Details

Work type

Full time

Work mode

office

Location

London

Benefits

  • Life Assurance
  • Permanent health insurance
  • Private medical
  • Hybrid/flexible working
  • Enhanced Sick leave
  • Enhanced Annual leave
  • Salary sacrifice options
  • Enhanced pension matching contributions
  • Season ticket loan
  • Sabbaticals
  • Secondments
  • Professional subscriptions
  • Dress down policy