EN
v
South Africa

Junior Audit Manager

Company BDO South Africa
Reference # EXA_02
Published 23/09/2020
Contract Type Permanent
Location Port Elizabeth, Eastern Cape, South Africa
Introduction
BDO’s global organisation extends across 167 countries and territories, with 88,120 people working out of 1,617 offices – and we’re all working towards one goal: to provide our clients with exceptional service. Our firms across the organisation cooperate closely and comply with consistent operating principles and quality standards.
Job Functions Accounting,Auditing
Industries Accounting & Auditing
Specification
The Junior Audit Manager oversees and ensures that the project runs efficiently and profitably from inception to sign-off by managing all the relevant stakeholders in accordance with the Firm's policies and procedures. The Junior Audit Manager further supports the Engagement Partner with clients' commercial management and business development initiatives.

KEY PERFORMANCE AREAS:
Business Development:
Assist in generating new client leads by using different tools and platforms e.g. networking, client base analysis; diversifying from a current project
Assist with new client research, presentation and pitch preparation
Participate in special assignment as and when required

Finance - WIP
Managing WIP and write offs
Timeous and accurate billing of clients, using fee arrangement letters in liaison with the partner
Timeous follow up on fee queries
Assistance with Debtors when requested
Negotiating budgets/fees and overuns for clients once fee base has been agreed with the partner

Operations and Processes:
Planning
Timeously host the pre-audit meeting and ensure that the planning meeting is set up
Ensure that the audit planning is signed off before commencement of the audit
Prepare detailed time budgets, allocating the audit work to specific audit team members
Communication of deadlines and budget to staff
Assign staff to the audit engagement, determine the number of staff and the level of experience required, thereby ensuring that the project is adequately staffed
Liaison with client and preparation of the schedule of audit requirements

Execution
Oversee and ensure that all the project activities comply with the firm's policies and procedures
Perform a review on all sections in the file
On larger assignments perform full entity general review of lower risk subsidiaries
Perform function of principal client contact and take full responsibility for the client relationship management and ensure that all queries are solved timeously
Decide on audit appropriateness of audit opinion by resolving issues which might impact on the audit opinion and ensuring that these are brought to the attention of the engagement partner and documentation thereof
Manage the project timelines and ensure that allocated resources are efficiently used (review timesheets to ascertain this and to also detect problem areas for individuals
Manage the client and ensure that the project is delivered within the scope agreed on
Review the work-in-progress and discuss with Partner for action. Prepare the audit efficiency checklist
Ultimate responsibility for bringing audit to completion, sign-off and archiving in conjunction with the Engagement Partner
Review the draft financial statements and ensure that they are IFRS complaint
Ensure that an appropriate audit report is drafted
Ensure that matters for Partners attention and Overs/Unders schedules have been prepared and discussed with the Partner and that the Partner has signed off the schedule
Ensure that the documents pertaining to audit finalisation / completion has been completed and reviewed (Overs/Unders, Management letter, Representation letter)
Ensure that the post balance sheet events review work and the going concern review is completed up to the date of the signing of the audit report
Prepare audit committee documents, attend and present at audit committees (with audit partner discussion)
Attend and facilitate wrap-up meetings
Negotiate overruns and budgets
Provide low level tech support too team and department as a whole
Provide adequate on the job training, counselling and evaluation

Admin
Be responsible for staff movements on and off the job (approval of leave) and timeously communicate to all relevant parties.
Ensure that the files for archiving are done

People Development, Learning and Growth:
Timeous completion of ANAs once completed by the trainee
Relationship building with the trainee
Timeous completion of PTS and LTS and ANAs
Mentoring of trainees and seniors when required
Assist with recruitment and selection e.g. interviews, VAC work
Requirements
Communication (Verbal and Written / Negotiation)
Personal Development (Emotional Intelligence / Continuous Development)
Relationship Management (Building successful teams)
Growing the Business (Entrepreneurial spirit / Looking for Business)
Client Focus (Planning, organising and control)

The appointment will be made in terms of the firm’s Employment Equity Policy.
Only short-listed candidates will be contacted.
Job Closing Date 07/10/2020
   
   
Share on
 
Last Updated: 30-7-2020 [20.07.03.04]
Webserver: SkillsMap (NLBA)