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Audit Associate (ACA Part-Qualified) - London

  • Job
    Full-time
    Entry Level
  • Accounting & Tax
  • 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.

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.

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  • For smaller audit assignments under withdrawn supervision, complete the audit file and pass the complete file for review to the manager subject only to key points raised for the manager’s attention, to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  • Under withdrawn supervision on larger audit assignments, complete the following sections: Creditors section: accruals, VAT, PAYE, HP and other; Debtors section: prepayments,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

FAQs

What is the purpose and aim of the Audit Associate role?

The purpose of the Audit Associate role is to ensure all work is carried out in accordance with the firm's procedures, be responsible for the day-to-day operation of audit assignments, and provide on-the-job training to junior members of the firm.

What qualifications are required for this role?

This role requires ACA Part-Qualified certification.

What are the main responsibilities of an Audit Associate?

The main responsibilities include ensuring work is carried out according to procedures, managing day-to-day operations of audit assignments, and providing training to junior team members.

What level of experience is needed for this role?

This role is suitable for individuals who are ACA Part-Qualified and have relevant experience in audit work.

What location is this role based in?

This role is based in London.

Accounting
Industry
10,001+
Employees
1969
Founded Year

Mission & Purpose

PKF is a global family of legally independent professional services firms bound together by a shared commitment to quality, integrity and the creation of clarity in a complex regulatory environment. With offices in 440 cities, we operate in 150 countries across 5 continents and specialise in providing high quality audit, accounting, tax, legal and business advisory services to international and domestic organisations in all our markets. PKF International member firms have an aggregate fee income of $2.39 billion, and the network is a member of the Forum of Firms - an organisation dedicated to consistent and high quality standards of financial reporting and auditing practices worldwide. Why you should choose PKF: PKF member firms around the world offer a wide range of business advice and accountancy services that meet the needs of individual clients in their local markets. When you use a PKF member firm, you can be confident that the work will be carried out by dedicated professionals with international expertise. Not only do PKF member firms have service and sector specialists in their own marketplace but they can also deliver an international service through their relationships with other network members. Each team is led by a partner who will deal with you directly and be your regular point of contact. As a client of a PKF member firm you are assured of: - A firm that is firmly established and respected in its own country - A partner-led service - Experts who understand your market - Partners who work hard to understand your specific business and its needs - Knowledge of the local business landscape - Rapid access to technical guidance and support from other member firms if required - Seamless continuity of service for your international business needs.

Culture & Values

  • We are curious

    We want to better understand the world around us and enjoy getting under the skin of important issues. This drives us to challenge, explore and ask questions. We never simply assume. We seek out ‘the new’ and ‘the different’ – innovative ideas, original ways of thinking and emerging technologies. Our inquisitiveness helps us to anticipate change and take the lead in shaping its impact.

  • We value authenticity

    We admire character, honesty and courage. We are the type of people who do not compromise, sell out or change our principles. We never feel the need to put on a ‘work persona’ and do not expect anyone else to have to do so either. In fact, we encourage our colleagues and clients to be themselves rather than forcing them to fit a particular stereotype.

  • We are respectful

    We live by the motto that we should treat our clients and colleagues the way we want to be treated ourselves. We recognise that we are at our best when we feel valued, so we invest time and effort to make the people we work with feel valued too. This helps us to build strong, lasting and trusted relationships.

  • We enable

    We are here because we want to make our clients more successful. We are driven to provide clever solutions to complex problems. We thrive when facing a challenge. We are eager to get involved and we’re not afraid to take the lead in making things happen.

Benefits

  • Flexible working

  • Private medical

  • Life assurance

  • Buy and Sell holiday

  • Gym discounts