
Audit Team Lead
6 days ago
About the Job:
ACCA Careers is seeking a seasoned Audit Manager to lead our audit team in Lahore. This role requires a professional with expertise in managing complex audit engagements and ensuring compliance with regulatory standards.
Key Responsibilities:- Manage a client portfolio as allocated from the client
- Establish and maintain effective relationships with clients based in Saudi Arabia.
- Understand client needs, industry-specific challenges, and regulatory requirements.
- Ensure timely billing and collection for the services to the clients
Audit Planning and Execution:
- Develop comprehensive audit plans based on risk assessments and client specifics.
- Lead and manage audit engagements, ensuring compliance with international auditing standards.
- Review and evaluate financial statements, internal controls, and accounting systems.
Risk Management:
- Identify, assess, and mitigate financial and operational risks through effective audit strategies.
- Identify and assess audit risks, proposing effective mitigation strategies.
- Stay updated on industry trends, changes in regulations, and emerging risks.
Team Leadership:
- Manage and mentor audit staff, providing guidance, training, and fostering a culture of excellence and collaboration.
- Supervise and mentor a team of audit professionals.
- Provide guidance on technical matters and foster a collaborative working environment.
- Perform review of the work to be delivered by the resources in the offshore office to ensure quality deliverable criteria are met
- Conduct performance evaluations and support professional development.
Internal Controls:
- Evaluate the adequacy and effectiveness of internal controls and recommend enhancements for improved efficiency and accuracy.
Compliance:
- Ensure that all audit activities comply with applicable laws, regulations, and company policies.
Financial Analysis:
- Oversee the review and analysis of financial statements, ensuring accuracy, completeness, and adherence to applicable standards (e.g., IFRS, GAAP).
Client Relations:
- Act as the primary point of contact for clients, addressing their concerns and maintaining strong professional relationships.
Reporting:
- Prepare and present comprehensive audit reports to senior management, outlining key findings, risks, and actionable recommendations.
Quality Assurance:
- Ensure the quality and accuracy of audit work through rigorous review processes.
- Uphold the firm's standards of excellence in all audit engagements.
Communication:
- Communicate audit findings, recommendations, and complex accounting issues clearly and effectively to clients and team members.
- Collaborate with other departments within the firm to provide a seamless client experience.
Continuous Improvement:
- Identify opportunities for process improvements and efficiency in audit procedures.
- Contribute to the development and enhancement of audit methodologies.
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