Audit Associate - Isle of Man

Location
Isle of Man (GB)
Salary
£30,000.00 to £40,000.00
Posted
22 Feb 2024
Closes
22 Mar 2024
Ref
13974
Job role
Audit
Contract type
Permanent
Hours
Full time
Experience level
Part qualified

Our Client seeks an Audit Associate to join their team based on the Isle of Man.

Key Responsibilities:

  • Assist with all aspects of the audit process, including planning, fieldwork and completion.
  • Plan a job in its entirety including preparation for and running of the pre-planning meeting; liaising with the tax department on responsibilities and information required, drafting an audit strategy document to the client and being able to identify technical problems.
  • Complete the audit file, including reviewing of work performed by assistants, preparing points for director and attending director review (as appropriate) and clearing points raised.
  • Communicate any technical or administrative issues with senior team members where appropriate. Write summary points for inclusion in reports and other relevant documents.
  • Refer to the firm's risk management policies and procedures and is familiar with the audit manual. Notify executives, managers and directors of potential ethical breach.
  • Complete accounts preparation assignments with minimal supervision. Capable of preparing simple consolidations. Plans and complete a small job, with assistance.
  • Obtain an understanding of the client's business and analyses client issues, reaching logical conclusions by applying theory to practice and appreciates the implication to potential audit issues.
  • Suggest solutions to client issues, explaining basic concepts clearly, logically and consistently.
  • Begin to build an internal network of colleagues to better understand the firm and its business.
  • Build an understanding of the firm's products and services and reviews for each client what has been sold and how it was identified.
  • Aware of the firm's sector specialisms and relevant personnel to contact within the firm.

Key Skills & Experience:

  • You should have relevant audit experience and be currently progressing with an ACA or ACCA qualification

Why the Isle of Man?

Boasting huge lifestyle benefits such as short commutes, breath-taking scenery, excellent schooling, plenty of outdoor activities, sports and clubs, the Isle of Man makes a compelling proposition for you and your family. The first country to be recognised in its entirety as a UNESCO Biosphere region – this island truly covers all the bases.

 

The Isle of Man operates a simple taxation regime with a lower rate of tax on individuals of 10%, a higher rate of 20% and generous personal allowances. They also offer a relocation National Insurance rebate scheme.

Our Ref: 13974