Audit Senior - Abu Dhabi, UAE

Job Functional Area

Job Title
Audit Senior

Job Location

Required Gender
Male/Female

Minimum Education
Bachelor's Degree

Minimum Experience
2 Years

Posted on
Aug 17, 2021

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Job Description

We are looking to recruit immediately Audit Senior (5 Nos) for our Abu Dhabi Branch.
An Audit Senior works under the supervision of Supervisor on particular engagements. Their main responsibility is to prepare the working papers in accordance with the firm and professional standard, as delegated by the senior. Their primary job is to ensure that they deliver quality services on a timely basis. Major duties and responsibilities Overall responsible for the audit as an in charge for medium and small clients. In case of large clients, act as semi senior. Mentoring of Assistant, Associate, trainees & assist them with the office orientation Involved in planning and strategy of the audit Monitoring budgets of the engagements Reporting including annual financial statements, managements letters, key features memoranda, etc. Ensuring that all review notes are cleared Analytical review of full financial statements Consolidations (specific high risk areas) Follow through to finalization Audit administration Client relations interaction with client staff Preparation and updating of system documentation Preparation / completion of general file documents Analytical Review (AR) of financial statements Specifically focused on audit of key financial statement captions e.g. o Accounts payable (AP) o Accounts receivable, excluding the evaluation of the provision for doubtful debts o Fixed assets, excluding the assessment of capital work in progress and fixed policies when these audits are complex and more risky o Inventory, including the evaluation of the obsolescence provision of Investments, excluding complex financial instruments Coaching, review and delegation of work performed by team members & ensure that the engagement reviews are completed within the given time Updating of system documentation Clearing review notes raised by the job in charge and mangers. Prior to management review conduct a thorough check on the working papers Develop industry knowledge to complement functional skills Compliance testing, including system work through The audit of the clients statutory records, internal controls and consolidated accounts Attending stock counts and the follow up of the counts Participates in the pre engagement planning, with team members and client staff when needed. Discuss clients need/expectations, team roles, budgets and other things necessary to carry out the engagement. Understand the clients business, products, performance and accounting policies Perform effective wrap-up of engagement, assisting manager/partner after leaving the field, clearing all review notes, assisting manager with report issuance/concurring review process, placing files to disks/network and complying with document retention policy, binding and filing work papers in the office.

Education requirements:
Bachelor in Commerce or Completed A levels or equivalent ACCA /CPA /ICAEW Complete Professional Stage Work experience requirements: IFRS experience 2yrs 5yrs and above post graduate experience Knowledge in accounting concepts Computer Literacy

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