Audit Manager

JOB DESCRIPTION DETAILS

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.

PRIMARY DUTIES & RESPONSIBILITIES

• Provide management over a portfolio of clients and deliver high quality audit and assurance service, including preparing and reviewing audit plans and work.
• Achieve team and individual budgets and business plan/ performance objectives.
• Manages the daily operations of the audit engagement including project financials, budgets, WIPS, timely billing and collection and variance recognition.
• Prepare or supervise the preparation of engagement proposals that are consistent with the Firm’s quality standards
• 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
• Ensure that engagements—including the use of specialists, staff from other offices, and assistance from the Technical Standards Group—are properly planned and coordinated
• Conduct regular site visits to ensures that the engagement team receives adequate supervision and observe proper protocol in dealing with clients
• Ensure that the work of specialists—including corporate finance, tax, and valuation services—is in accordance with requirements set for them and properly reviewed
• 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)
• Bring to the engagement partner's attention appropriate matters/issues (with suggested resolutions) that require his attention and decision
• Ascertain that the engagement documentation is complete and appropriately reviewed; and support the report that will be issued
• Supervise the cleaning up and archiving of working papers within the prescribed period for archiving
• 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
• 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.
• 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

• Think strategically about client needs by understanding their business and key risks.
• Participants in the development of ways to meet client needs, contributes to proposal delivery.
• Identifying ways to maximize the relationship with clients and deliver added value.
• Establish a good working relationship with the officers and staff of every client
• 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
• Keep clients aware of significant development in accounting standards and other areas that affect their businesses
• Exhibit professionalism and good conduct in dealings with clients, prospects, and non-clients

• Ensure that every in-charge and staff assistant’s time is utilized productively and efficiently during and after engagements
• Provide timely feedback to assistants about their job performance, i.e., their strong and weak points and how they can improve
• Accomplish and discuss Performance Review Reports (PRRs) with Engagement In-charge immediately after every engagement
• Review and approve staff assistants’ PRRs, which are accomplished by Engagement In-charges
• Participate in an annual performance review process/deliberations on the overall performance of in-charges and staff assistants

• Ensure that clients are billed on a timely basis and prompt payment is achieved
• Submit an accurate time report in a timely manner
• Ensure that in-charges and assistants working on his engagement submit accurate time reports
• Approve reimbursable expenses, overtime and time reports of in-charges and staff in a timely manner
• Review the time charges regularly to ensure that these are within budget and to provide explanation for those exceeding budget
• Assist partners in pursuing new clients or jobs with existing clients
• Assist the partner in collecting receivables
• Review reports and deliverables of other engagement teams when requested in accordance with the quality control policies and procedures of the Firm
• Interviews job applicants and recommends the hiring of staff
• QUALIFICATIONS
• Certified Public Accountant
• At least six (6) years of external audit experience, three years of which is in supervisory level
• Ideally with exposure to different industries
• Strong background and experience with audit methodologies and techniques

• Excellent project management, analytical and problem-solving skills
• Ability to communicate across all levels and functions in the organization
• Superior account and client management acumen
• Demonstrated integrity within a professional environment