Job Description
Role /Purpose
• To coordinate with the Senior Manager Audit the development of the audit and assurance Team in the Mazars Audit Methodology (MAM) and to take responsibility for the technical development of the Team in the context of the audit file.
Reporting line
• You will report directly to the Senior Audit Manager in the absence of whom you’ll report directly to the Audit Director/ Partner.
Main tasks and responsibilities
(Regarding work assignments, personal development and training)
1. Coordinate with the Senior Manager to build the audit and assurance department.
2. Assist the Senior Manager Audit to develop the audit methodology.
3. To train the Audit and Assurance Team the technical and practical aspects of audit,
4. Take part in the planning of engagements.
5. Ensure the completion of work to billable and receipt stage to the equivalent of (3) three times the cost to company of the audit team under your supervision on assignments.
6. Allocate work to Teams by phase of the engagement and conduct periodic appraisals for your direct reports.
7. Draft engagement letters.
How you will be expected to achieve the planned objectives
1. Provide practical training to your Team (supervisors, seniors and assistants) on both technical aspects and the management of client case files.
2. Obtain understanding of the firm’s audit methodology by reading a familiarizing yourself with the Mazars Audit Manual.
Analyse information collected with a view to defining the audit strategy.
4. Work directly with audit seniors and assistants to identify, assess and rank risks.
5. Lead the development of detailed audit procedures together with audit seniors.
6. Formalise of the audit strategy (audit strategy memorandum) for the approval of the Audit Director.
7. Work with the Audit Director to allocate work, by phase of the engagement to members of the audit Team and other professionals (joint-auditor, internal audit, experts, etc.)
How we will measure your progress
1. Demonstrable evidence from your teams of training effected in the 6 months during your tenure. Staff must show obvious capability in using the MAM and QAM.
2. Demonstrate an ability to that you are able to prepare accounts fully in Case Ware unaided
3. Ability to use the MAM and other Mazars tools on audit assignments and passing tests (verbal or written) on the audit manual set by the firm.
A 3year personal development plan agreed with the Partner
PROFESSIONAL DEVELOPMENT
• What is expected of you now
• You lead audit Teams and report to the Senior Audit Manager/Audit Director, as the case may be.
• Assist and coach junior audit staff in completing audit work successfully.
• Encourage professional development of your junior colleagues
• Transfer audit and other knowledge acquired, before joining BRJ or during your stay with us, to your junior audit staff.
You take initiative to further develop your business and industry acumen in the audit environment. E.g.
• apply the practical concepts of ISAs and the firm’s audit manual to a high degree of competence expected of a Manager.
• Identify possible new ways of working and new methodologies of work.
WORK PLANNING AND MANAGEMENT
• What is expected now
• Supervise and assist audit Team in the planning of audit assignments, including client acceptance, independence reviews, calculating and explaining audit materiality.
• Review the completion of the audit sections of the audit process of all sizes of clients and advise the Senior Manager Audit or Audit Director on room for improvement.
• Being able to carry out audit risk assessments as part of the planning phase of audits and to explain to client and colleagues the significance of those risk assessments in line with the risk standards of the International Standards on Auditing.
• Supervise a reasonable number of audit assignments including those in the financial services industry within time frame/budget and at a high level of accuracy demonstrating high written skills in the identification and exposition of Management Letter issues.
• Identify and advise the firm and the potential audit pitfalls while developing work plan. You will be expected to use a high degree of analytical skill in evaluating client business and their industry.
• Ability to supervise and review the planning and delivery of audit assignments within agreed time frame and budget.
• Take part in organizing the availability of resources for the audit team assigned to you. This will include contributing to the team’s awareness of the MAM tools and the Mazars University. You will be expected to liaise heavily within the Mazars Group on technical audit materials and issues including building relationships with Mazars South Africa technical teams.
• Oversee quality of work of team members including a thorough review of audit files for Senior Audit Manager’s attention.
• You can assign work to the junior audit team. You must be able to use critical thinking in this regard in evaluating staff for the assignments.
• Make optimal use of resources available, including the MAM tools, technical library at BRJ Partners and the Mazars University tools to enhance your understanding of and direction of audit.
CLIENT SERVICE
• What is expected now
• You are able to understand client needs and satisfy their request during the cycle of an audit assignment.
• Demonstrate how you have managed client needs and expectations, including knowing the limits of your and the firm’s capabilities and resources.
• Encourage the entire audit team in planning ahead clients’ future needs including understanding the clients’ business, their operating environment and industry; being able to articulate the same to the Senior Manager Audit and Audit Director.
• Consolidates client base, including being able to pick up new client needs from each individual audit assignment and discussing these issues in typical audit management letters with clients.
• Ability to evaluate clients’ future needs in the audit space and or other firm potential services that can be offered.
• You meet clients regularly to assess their satisfaction and needs.
CRITICAL ANALYSIS AND PROBLEM SOLVING**
• What is expected now
• Master the use of the firm’s audit manual/guidance, including high quality analytical techniques in the assembly of IFRS compliant financial statements and recommendations to clients in audit management letters and reports to clients.
• You are able to assess the current audit processes critically and to suggest possible amendments in line with the MAM and tools.
• You are able to discuss with your team, including supervisors and the Senior Manager Audit on appropriate audit responses to the analysed audit situations and processes.
• (This will include thinking through the entire audit cycle from audit scoping to audit reporting)
• Incorporate an appropriate level of security and control in the data that you and your team seek or are given, including confidentiality and quality control consideration.
• You will be expected to apply advanced level analytical tools including, but not limited to, data analytical protocols in the evaluation and analysis of client data for audit efficiency.
• Ensure that the best audit methodologies are used and indexed as benchmark, including changes due to technology such as big data and other analytical processes on the job.
• You will be expected to provide the audit director with files reviewed from seniors including a very high level of analytical detail, including comparisons of financial and non financial data in line with extant ISAs.
• Work with seniors to seek client data pertinent to the audit so as to work out best possible solutions.
• You use the experience that you have gained on previous audit assignments before joining BRJ.
• This includes influence of the socio-cultural climate in the other work places that you have been.
• ** You will be provided with a copy of ‘A Handbook of Critical Thinking’ by Wally Smieliauskas 2006, a 31 page simple guide to critical thinking for accountants, auditors and users of financial statements
QUALITY WORK AND RELIABILITY
• What is expected now
• You are able to monitor the nature and relevancy of audit information in the audit and assurance department, and that given out to clients and third parties, reflecting confidentiality attributes of a professional accountant.
• Ensuring that audits assignments are completed to the satisfaction of clients.
• You keep commitments you make with both clients and in the firm.
• You are able to design workable processes and necessary changes to existing audit procedures if necessary.
TEAMWORK AND QUALITY
What is expected now
• Overseeing and supervising supervisors and the entire department’s completion, to final Senior Manager Auditor Audit Director’s review of all audit work done in the depart.
• You assume and accept responsibility for the quality of work done by audit Team members
• Encourage a culture of participation and feedback within the entire audit department.
• You provide feedback to audit Team subordinates regarding their contribution to the Team.
• You participate actively in the creation of BRJ as a learning organization.
• You verify that Team members receive adequate training, as stated in BRJ’s training plan.
COMMUNICATION
• What is expected now
• Demonstrating appropriate communication style, such as listening and empathy skills.
• You can prepare and make clear and professional presentations and reviewing those made by junior audit staff.
• You couch and provide guidance subordinates with useful feedback on communication style.
CUSTOMER FOCUS AND FLEXIBILITY
• What is expected now
• Taking care to enhance and or improve your client service skills.
• You take responsibility for clients’ requests
• You demonstrate flexibility of approach to client work and are able to work with people of different cultures or backgrounds.
• Coaching audit juniors on learned client service skills
• Eager to learn new processes readily
• You will become integrated in the BRJ work culture and the Team.
Method of Application
Send your CV and application letter to UgandaHR@mazars.ug on or before August 04, 2023