Grant Thornton UK LLP

Audit Assistant Manager - Long Term 18 - 24 months - Reading office

Location
Reading, Berkshire, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
26 Jan 2022
Closes
16 Feb 2022
Ref
R1027580
Approved employers
Approved employer
Job role
Audit
Experience level
Manager
More than you expected

Grant Thornton UK LLP is part of a global network of independent audit, tax and advisory firms, made up of some 58,000 people in over 135 countries. We're a team of independent thinkers who put quality, inclusion and integrity first. All around the world we bring a different experience to our clients. A better experience. One that delivers the expertise they need in a way that goes beyond. Personal, proactive, and agile. That's Grant Thornton.

Job Description:

• Adheres to the firm's risk management policies and procedures, including those relating to whistleblowing reporting processes for possible fraudulent activity, client management integrity or quality concerns. Consults with colleagues as necessary on these matters
• Maintains professional competence, including knowledge of the firm's audit approach, audit suite of software tools, ISAs, relevant applicable Accounting Standards such as UK GAAP and/or IFRS, Ethical Standards and attends all mandatory training relevant to their role and ensure that this is applied on all audit engagements
• Designs and performs audit procedures appropriate to the assessed risk and audit assertion which are consistent with ISAs and the firm's audit methodology
• Delegates work to other members of the audit team, ensuring associates understand their responsibilities and have received appropriate on-the-job training/coaching
• Produces work papers which meet the highest quality standards and demonstrate a good understanding of the client, its business, judgements made and professional scepticism applied as well as documentation requirements under the ISAs
• Ensures that audit files are properly filed and backups maintained in line with Firm policy
• Ensures the quality of work produced, by themselves and team members through appropriate and timely oversight and review of others' work including coaching team members on their areas for development
• Ensures any issues identified during the audit are appropriately documented, escalated to the Manager/Engagement Leader and resolved on a timely basis with appropriate consultation where relevant
• Effectively project manages client engagements by preparing, communicating and adapting work plans, setting team expectations, managing resource and actively monitoring budgets and timeframes supporting the Manager/Engagement leader in achieving these
• Accurately and completely records time spent
• Where appropriate, identifies opportunities for charging overruns and collates supporting evidence and discusses this with the client throughout the audit
• Provides junior colleagues with timely feedback, completing assignment appraisals
• Requests on the job coaching from their managers on all engagements in areas of development and applies those lessons going forward
• Communicates any concerns in respect of workload to the Manager or Engagement leader as soon as they arise to enable appropriate solutions to be put in place. Act with integrity and in line with our organisational values
• Takes responsibility for wider client management and liaison, building and maintaining good working relationships with all colleagues and clients, with a focus on high quality audit work
• Supports the manager as required in co-ordinating all aspects of
• audit planning including scheduling and attending client meetings, involvement of Central Audit Services Team, internal review requirements and production of planning documents
• fieldwork and completion, including any audit experts/specialists (including, valuation team, National Assurance Services for hot/enhanced audit report reviews etc)
• Review of financial statements to ensure compliant with relevant legislation and agree content to the audit file
• client deliverables, including the Audit Plan and Audit Findings Report
• file assembly and archive.
• Leads in the audit planning discussions to identify audit risks and appropriate audit strategy including use of appropriate software packages
• Is able to discuss and answer queries from clients in respect of the more complex technical areas and consult with managers and engagement leaders appropriately demonstrating and documenting good judgement
• Able to inform clients of and discuss new standards that will affect their business and is aware of the ethical/independence considerations relating to informing clients of such matters
• Oversees all aspects of the audit as agreed with the manager/engagement leader including coordination with other teams involved in the audit, taking ownership for completion of files and demonstrating awareness of the overall expectations for the team
• Regularly attends and contributes to client meetings
• Maintains up to date understanding of clients' business and relates this to the audit engagement
• Maintains and grows network of contacts elsewhere in the firm in order to share relevant knowledge and information to prevent duplication of effort and identify opportunities to grow the Audit Practice
• Acts with integrity and in line with our organisational values

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