Bachelor in Commerce or Completed A levels or equivalent
ACCA - Should have completed a minimum of 9 papers (F1-F9)
CPA - Complete 2 papers
ICAEW - Complete Professional Stage
Knowledge in accounting concepts
Computer Literacy
24 - 30 months\' work experience
Prior experience in deleaing in clients involved in real estate, construction and related industries and oil & gas sectors.
Job Purpose:
Audit Associates work under the supervision of Senior Associates/Managers 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.
Key Responsibilities:
Client & Customer Focus
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 Associate 1 and 2, 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 finalisation
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.
-Accounts payable (AP)
-Accounts receivable, excluding the evaluation of the provision for doubtful debts
-Fixed assets, excluding the assessment of capital work in progress and fixed policies when these audits are complex and more risky
-Inventory, including the evaluation of the obsolescence provision
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 client\'s 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 client\'s need/expectations, team roles, budgets and other things necessary to carry out the engagement.
Understand the clients business, products, performance and accounting policies.
Adhere to the KPMG code of conduct and all KPMG risk management policies and procedures
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.
Training Required as per Level
Linguistic skills
Good communication skills in English (Reading, writing and speaking)
Arabic would be an advantage
ADDITIONAL REMARKS:
Please keep in mind that duties and responsibilities associated with a particular role may change from time to time, and that individual situations and one\xc2\xb4s specific role or job description may vary from the information contained in these job descriptions.
RELEVANT BEHAVIORAL CAPABILITIES:
Helps to drive forward change initiatives and projects
Voices alternative opinions and ideas
Proactively seeks the views and opinions of others
Demonstrates willingness to have a two way conversation
Proactively shares knowledge with other individuals, teams and functions
Widens own experience and capability by pursuing self-development and learning opportunities
Commits to achieving stretching goals
Presents a positive and can-do approach
Demonstrates awareness of risk management practices and standards and adheres to these as appropriate
Consults and escalates reliably on issues beyond his/her own experience or skill set
Shows a personal commitment to ensuring the quality of work
Takes appropriate decisions within their area of responsibility
Pinpoints key information from data
Assesses a problem from multiple angles to ensure all relevant issues are considered