The Senior reports to the industry or office Principal in Charge to general employment matters pertaining to specific engagements. The Senior must exhibit high standards of professional and social ethics and must accept full responsibility as a Strategic Work Unit (SWU) Head for engagements of varying size and complexity to include, planning and coordinating the various phases of the field work, directing and reviewing the work of a number of assistants, and making decisions on all. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Perform and supervise the broadest range of auditing issues from start to finish, oversee larger and more complex engagements, potentially one or more assignments simultaneously.
Plan and coordinate the various phases of the fieldwork such as staff requirements, logistics, audit programs, and time budgets.
Schedule, delegate, and review the work of staff members, support on-the-job training, and evaluate their performance.
Guide the decision making process on all but the most unusual audit and accounting matters.
Ensure complete and timely engagement wrap-up to include preparation and/or review of financial statements and tax returns, schedule Principal and central reviews, may coordinate closing meetings with clients.
Audit & Accounting Responsibilities:
Evaluate the client's internal controls; prepare an audit program outlining the extent of sampling required, schedule the engagement, and document approval by the Engagement Principal.
Review working papers for accuracy and completion, financial statements for suitability of presentation and adequacy of disclosures, and documentation of discussions with clients.
Summarize engagement, make planning points for the next year, prepare management letters, final reports, and prepare routine client correspondence.
Follow the progress of the engagement, aid in clearing points, and resolve auditing and accounting problems.
Coordinate and expedite the review of files by the Manager, Audit & Accounting Principal and the Engagement Principal.
Keep the Principal apprised of the progress of the engagement, consult with them on problem areas, review with them any significant audit findings, and recognize client service opportunities to follow-up on post fieldwork.
Cultivate an increasing level of technical skills in auditing, management services, and consider the possibility of industry or service specialization.
Keep current with Firm and CPE compliance requirements.
Develop a learning program to continually develop and expand knowledge and expertise through learning opportunities: on-the-job, in the classroom and through professional literature and associations.
Increase participation in activities outside of the firm to further develop interpersonal and communication skills, with an awareness of practice
Actively seek opportunities to expand services to existing clients and develop new business.
Promote and uphold the firm's policies and procedures, and become knowledgeable in the firm's services.
Complete appropriate billing forms as a follow-up to the budgeting process.
Prepare regular and timely staff evaluations.
Communicate engagement problems, findings, and status to Principals.
Coordinate and delegate the work of staff and interns.
Interface with client personnel to review audit findings, clarify results and encourage revised practices.
Contact agencies and organizations by phone or letter to gather ancillary client information.
Knowledge of Accounting & Auditing standards, Companies Act, Income Tax Act, overall knowledge of all commercial laws.
Knowledge of Statutory and Tax audit of Corporate clients (Public and Private companies)
Knowledge of IFRS and IND AS preferred
Basic IT environment knowledge
Multiple Industry Knowledge with specialisation in few
Understanding of all commercial laws
Salary: Not Disclosed by Recruiter
Industry: Strategy / Management Consulting Firms
Functional Area: Accounts, Finance, Tax, Company Secretary, Audit
Role Category: Accounts
Role: Chartered Accountant
Employment Type: Permanent Job, Full Time