Job Description
Job Description
Job Description
The Audit Manager works closely with the Senior Manager/Audit Partner in leading the client audit engagement, which include planning, executing, directing and completing financial audits providing assurance services to our portfolio of international and local clients.
Administrative Functions
Primary Duties and Responsibilities
Interviews job applicants and recommends the hiring of staff
Review reports and deliverables of other engagement teams when requested in accordance with the quality control policies and procedures of the Firm
Assist the partner in collecting receivables
Assist partners in pursuing new clients or jobs with existing clients
Review the time charges regularly to ensure that these are within budget and to provide explanation for those exceeding budget
Approve reimbursable expenses, overtime and time reports of in-charges and staff in a timely manner
Ensure that in-charges and assistants working on his engagement submit accurate time reports
Submit an accurate time report in a timely manner
Ensure that clients are billed on a timely basis and prompt payment is achieved
Client Relations
Exhibit professionalism and good conduct in dealings with clients, prospects, and non-clients
Keep clients aware of significant development in accounting standards and other areas that affect their businesses
Keep a close business and social relationship with the clients while keeping independence in appearance and in fact as required by the Code of Ethics of CPAs
Identifying ways to maximize the relationship with clients and deliver added value.
Participants in the development of ways to meet client needs, contributes to proposal delivery.
Think strategically about client needs by understanding their business and key risks.
Engagement Management
Perform other duties and responsibilities that may be assigned to him by the Engagement Partner or as may be required by the nature of engagement
Identify areas requiring improvement in the client's business processes and possible recommendations and prepare and deliver the Management Letter to be provided to the client.
Review deliverables such as income tax returns, financial statements, and audit reports for financial audits, and report on findings and recommendations; ensures the timely completion of such deliverables for sign off by the Senior Manager or Partner
Supervise the cleaning up and archiving of working papers within the prescribed period for archiving
Ascertain that the engagement documentation is complete and appropriately reviewed; and support the report that will be issued
Bring to the engagement partner's attention appropriate matters/issues (with suggested resolutions) that require his attention and decision
Conduct meetings or, when the engagement partner is present and opts to preside, assists the engagement partner in conducting meetings (with the engagement team and/or client team)
Ensure that the work of specialistsincluding corporate finance, tax, and valuation servicesis in accordance with requirements set for them and properly reviewed
Conduct regular site visits to ensures that the engagement team receives adequate supervision and observe proper protocol in dealing with clients
Ensure that engagementsincluding the use of specialists, staff from other offices, and assistance from the Technical Standards Groupare properly planned and coordinated
Supervise the planning of engagements which includes the assessment of audit risks and tailoring of audit procedures for audit jobs and staffing plans for all types of engagements
Prepare or supervise the preparation of engagement proposals that are consistent with the Firm's quality standards
Manages the daily operations of the audit engagement including project financials, budgets, WIPS, timely billing and collection and variance recognition.
Achieve team and individual budgets and business plan/ performance objectives.
Provide management over a portfolio of clients and deliver high quality audit and assurance service, including preparing and reviewing audit plans and work.
People Management
Participate in an annual performance review process/deliberations on the overall performance of in-charges and staff assistants
Review and approve staff assistants PRRs, which are accomplished by Engagement In-charges
Accomplish and discuss Performance Review Reports (PRRs) with Engagement In-charge immediately after every engagement
Provide timely feedback to assistants about their job performance, i.e., their strong and weak points and how they can improve
Ensure that every in-charge and staff assistant's time is utilized productively and efficiently during and after engagements
Qualifications
Qualifications
Strong background and experience with audit methodologies and techniques
Ideally with exposure to different industries
At least six (6) years of external audit experience, three years of which is in supervisory level
Certified Public Accountant
Preferred Qualifications
Preferred Qualification
Demonstrated integrity within a professional environment
Superior account and client management acumen
Ability to communicate across all levels and functions in the organization
Excellent project management, analytical and problem-solving skills
