ASC Group - Senior Manager/Associate Director - Statutory Audit

Position Overview:

- As the Associate Director for Statutory Audit, you will play a pivotal role in leading and managing the statutory audit function within the organization.

- You will be responsible for overseeing the entire audit process, ensuring compliance with relevant regulations and standards, managing a team of auditors, and providing strategic insights to enhance the financial integrity and transparency of the organization's operations.

Key Responsibilities:

Leadership and Team Management:

- Lead, mentor, and manage a team of auditors to ensure high-quality audit engagements.

- Assign responsibilities, set performance goals, and provide ongoing feedback and guidance to team members.

- Foster a collaborative and supportive work environment that promotes professional growth and development.

Audit Strategy and Planning:

- Develop and execute a comprehensive audit plan based on risk assessment, regulatory requirements, and organizational objectives.

- Coordinate with senior management to align audit strategies with the overall business strategy.

- Determine the scope of audits, allocate resources effectively, and establish timelines for completion.

Risk Assessment and Compliance:

- Identify and assess financial and operational risks associated with the organization's business processes.

- Ensure compliance with relevant laws, regulations, and accounting standards, such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

Audit Execution:

- Lead and participate in complex audit engagements, including planning, fieldwork, and reporting.

- Review audit workpapers, financial statements, and supporting documentation to ensure accuracy and completeness.

- Evaluate internal controls and processes to identify weaknesses and recommend improvements.

Stakeholder Communication:

- Communicate audit findings, observations, and recommendations to senior management, including the Board of Directors.

- Collaborate with external auditors, regulatory bodies, and other stakeholders as needed.

Process Improvement and Innovation:

- Continuously assess and improve audit methodologies, tools, and processes to enhance efficiency and effectiveness.

- Integrate technology and data analytics to streamline audit procedures and gain deeper insights.

Professional Development and Knowledge Sharing:

- Stay abreast of industry trends, regulatory changes, and best practices in auditing.

- Provide training and development opportunities to audit team members to enhance their technical and soft skills.

Quality Assurance:

- Ensure that audit engagements are conducted in accordance with professional standards and internal policies.

- Review and sign off on audit reports before final issuance.

Requirements:

- Chartered Accountant with 7 - 10 years of experience in auditing, with progressively increasing responsibilities and a strong background in statutory audits, Accounting principles, Auditing standards and regulatory requirements.

- In-depth knowledge of accounting principles, auditing standards, and regulatory requirements.

- Excellent leadership, interpersonal, and communication skills.

- Proficient in using audit software, data analytics tools, and Microsoft Office suite.

- Strong analytical and problem-solving abilities with attention to detail.

- Ability to manage multiple projects simultaneously and meet tight deadlines.

- Experience in managing and leading audit teams.

- Strong ethical values and a commitment to maintaining confidentiality and integrity.