Audit Associate - Graduate FS

Responsibilities

• To begin to develop a knowledge of accounting and auditing techniques and show commitment to passing the professional examinations (ACA)
• To begin to develop an understanding of the Financial Services sector, including insurance, funds and fund management and the associated accounting and auditing issues
• Undertake the work allocated by the assignment leader
• Keep the assignment leader informed about progress at daily meetings
• Ensure attendance at briefing meetings and understand the audit plan
• Complete the work within the budget for each area
• Adopt high professional standards with a business‑like approach to work
• Develop a comprehensive working knowledge of double entry bookkeeping
• Be able to complete sections in the audit file by obtaining and documenting sufficient and appropriate audit evidence, to include the following sections:
• Fixed assets section
• Bank section
• Document accounting systems and complete systems testing
• Substantive testing on the Profit and Loss analysis – including attention to tax requirements
• Develop a basic knowledge of current accounting standards
• Develop a basic knowledge of the laws and regulations affecting FS clients including Lloyd’s/FCA regulations and client money rules
• Pass relevant professional examinations first time
• Complete the required CII study exams
• Be able to advise on basic accounting issues
• Be aware of Institute and internal ethical guidelines
• To accept responsibility for all work performed

• Minimum of a 2.2 degree, attained or expected.
• Minimum of 112 UCAS points (2017 tariff), from three A Levels A‑C (excluding general studies), or equivalent.
• Minimum grade 6 in Maths and English Language GCSEs.

• Be commercially aware
• Computer literate
• Team player
• Good communication skills
• Flexibility
• Strong organisational skills
• Systematic
• Enthusiastic
• Able to work on own initiative
• Good attention to detail
• Ability to prioritise workload
  
  Work to deadlines
• Ability to spot new business
• Initiative
• Problem solver
• Persuasive