Company description:
Our client is full service accounting firm delivering expert corporate financial and advisory accounting services to clients across diverse industry sectors. They are a business advisory firm that provides multidisciplinary solutions to complex challenges and opportunities; and they also provide an internal audit service out-sourced or co-sourced.
Job description and requirements:
You will be performing mainly auditing duties but at times will be performing other duties such as accounting, consulting and tax.

Auditing:

Accountable for full statutory audits on small to medium and large sized firms in the private sector and public sector, in a variety of industries.
Ensures compliance with International Financial Reporting Standards, International Financial Reporting Standards for small and medium sized entities, SA Companies Act, International Standards on Auditing, King 3, and the Income tax act.
Prepares detailed time budgets and allocates audit work to audit team members, planning meetings/agendas.
Monitors actual versus budgeted costs.
Develops and communicates audit plan, as well the operating systems of the client to audit team.
Communicates and resolves issues which might impact the audit opinion with the engagement partner and client.
Prepares financial statements for sole trader, partnership, private companies, close corporations and trusts and group consolidations.
Calculates taxes payable by individuals, companies, trusts.
Advises clients on requested tax issues such as the treatment of Vat, Fringe benefits, dividend tax issues and research and development process.
Liaises with the executive members of clients at the planning, during and concluding stages of an audit engagement.
Drafts reports to management on internal control deficiencies, other audit findings and advises management on the systems.
Conducts audit of critical audit objectives including risk assessment, expenses, income, statutory, liabilities, assets and taxes.
Reviews Audit/ Accounting files.
Ensures Audit files are closed off within 60 days for Partner to sign-off.
Manages relationship with AG to ensure staff planning and logistics are taken care of.

Accounting:

Initiates and effects journal entries including the relevant calculations and presents the supporting documentation.
Oversees the maintenance of the general ledger and relating accounting records.
Reviews payments' supporting documentation.
Prepares cash flow information, all balance sheet and income statement reconciliations.

(including creditors, debtors, bank, stock reconciliations, VAT, payroll).

Maintains the fixed asset register and wear and tear registers.
Assists with the implementation and maintenance of internal financial controls and procedures.
Assists with ad-hoc queries as and when they rise.
Performs job costing including variance analysis, and invoices clients timeously.
Performs stock counts and reconciliation of variances.

Project management:

Manages every project from asking client information and kick-off meeting through to fee collection.
Takes ownership and accountability for engagements.

Charts out project objectives, plans and schedules, sets performance requirements, and selects project participants.
Implements Systems, Policies and Procedures i.r.o. operations. Ensures adherence to same, including use of correct templates, etc.
Ensures compliance with project requirements such as quality control, etc. through the Consultants.
Provides regular reports to the Partner on the status of the project.
Monitors the project budget, tracks expenses and minimizes exposure and risk in the project.
Ensures that the budget that was agreed at inception of the engagement is being met.
Ensures that no hours are written off on projects.
Ensures that project deadlines are met.
Ensures that activities move according to predetermined schedule.
Communicates regularly with client and other stakeholders on project status.
Submits reports to clients.
Maintains continuous communication with staff on status of client.
Maintains strict adherence to the budgetary guidelines and quality standards.
Ensures all required project documentation are accurately and timeously completed.
Deals effectively with technical client issues and resolves same timeously.
Ensures that clients' compliance needs are met.

Monitors and evaluates the Business Unit’s performance in terms of:

- customer satisfaction
- budget performance
- adherence to standard operating procedures
- business loss/gained

Informs Tax BU after financials are finalised to ensure tax return can be done.
Ensures Tax BU has sufficient knowledge of client to deal with queries, etc.
Drafts Proposals and Engagement Letters.
Researches complex topics and trains staff accordingly.
Facilitates general training for staff within the BU.
Reviews files and ensures compliance with accounting standards.
Develops relationships with clients to be able to obtain payments.

Financial management:

Provides input into the Business Unit's annual budget.
Monitors costs, disbursements and overhead expenditure and makes recommendations to the Partner.
Ensures that invoices are submitted to clients timeously and follows up vigorously with all parties to ensure payment is received.
Ensures that the A.G. is billed timeously.
Monitors Debtors book regularly and reports to Partner.
Manages staff billing and completion of time-sheets, and takes decisive action where there are deviations.

Manages and ensures staff recoverability rate.
Achieves productivity targets and WIP ratio.

Staff leadership and co-ordination:

Provides leadership and direction to staff.
Provides role clarity to staff and makes available necessary tools to facilitate performance.
Ensures that there is clear focus and co-ordination of all activities; and that there are clearly communicated performance standards and objectives.
Sets standards for individual and overall performance and takes steps to ensure it operates as a high performance and effective team.
Monitors and provides regular feedback on individual performance of immediate subordinates and takes appropriate action where necessary.
Acts as a Coach and Mentor to direct reports.
Ensures that there are clear lines of communication within the Business Unit at all times.

Ensures that are training and development plans in place for staff.
Ensures self-development and training & development of all staff in the Business Unit.
Assesses staffing requirements on an ongoing basis, appoints appropriately qualified personnel and ensures that they are fully utilised in terms of their skills set and experience.

Qualities and skills:

Leadership
Initiative
Project management
Problem solving
Attention to detail
People’s person
Team player and teamwork
Ability to work individually and in a team
Excellent communication
Excellent writing skills
Business Acumen
Dedication and commitment
Excellent in MS office (Word, excel)
Excellent with use of laptops

Qualifications and requirements (Minimum):

CA (SA)
1 year post articles experience
Willingness and able to travel
MS Office experience

Salary: R35 000 to R40 000
Preferable:

Driver’s license
Own vehicle

Advantageous:

Experience with Caseware
Experience with Pastel
Prior experience with public sector (Auditor General)

Audit Manager