Senior Associates

The Senior Associates must be meticulous and analytical, with a deep knowledge of auditing practices. be reliable, with strong organizational skills, as well as a good knowledge of the auditing standard (ISA), accounting standards (mainly IFRS).

Duties and Responsibilities:

• Plan and oversight of the audit process is a key milestone of the SA1 who is also developing skills to aspire to audit Management position.
• Develop audit strategies, execute and monitor fieldwork teams throughout the audit engagement as defined by the Manager, Senior Manager and/or Director in charge.
• Allocate engagement responsibilities to Associates and Junior staff and plan for review and quality execution thereof.
• Ensure compliance with ISAs and IFRSs and local and regulatory requirements in the preparation of audited financial statements and required disclosures.
• Identify and contribute to resolve assurance engagement issues.
• Monitor engagement progress against budget for timely completion.
• Research technical issues arising during audits.
• Work closely with staff and partners to develop and manage client relationships.
• On-the job etiquette and professionalism with clients while interacting with accounting staff, CFOs, and Controllers.
• Execute all phases of the audit process, including financial analysis, planning, substantive testing, and opinion issuance.
• Present audit findings to management.
• Perform private and public audits of financial statements in accordance with ISA requirements and IFRS.
• Listen to subordinates’ needs and address them.
• Conduct substantive audit procedures on income statements and balance sheets.
• Perform analytical procedures to identify unexpected trends and audit red flags.
• Review the work of Associates and Juniors for compliance and quality.
• Perform effective risk and control assessments pertinent to the engagement.
• Timely completion of assigned tasks, deliverables and reviews on time.
• Ensure all documentary evidence of audit work, procedures, reviews and deliverables is recorded on Caseware prior to engagement sign off.
• Timely completion of monthly timesheet.
• Monitor budget against actuals, including recoveries and utilization for every assigned audit engagement.
• Train junior team members (up to three members) with or without experience.
• Regularly on a quarterly basis obtain formal upward feedback from junior staff members.
• After sign-off of every engagement, complete self-evaluation feedback setting out strengths and areas of improvement.
• For every engagement the Senior Associate is involved, obtain formal feedback from Managers/Senior Managers/Directors where relevant to continuously monitor performance & delivery.