AUDIT TEAM LEADER - GLOBAL ASSET MANAGERS TO £75,000 PLUS FULL BENS, LONDON W1
Our client, an internationally renowned Asset Managers is now seeking a qualified Audit Team Leader at Assistant Vice President level to work within their Internal Audit Department, Non-US Internal Audit Group.
SUMMARY
The Assistant Vice President-Audit Team Leader, Non-US Group - London, will be a member of the Non-US Internal Audit Group, with overall responsibility for the EMEA and Americas ex US Internal Audit Plan. The Audit Team Leader is responsible for planning, executing, and reporting audit assignments of the activities/functions of the entities in the following locations; EMEA and Americas ex US including entities in EMEA – UK, Luxembourg, France, Germany, Iceland, Italy, Switzerland, Sweden, Bahrain, and South Africa, Americas ex US – Canada, Brazil, Argentina, Mexico although the concentration of audit activities will be primarily in the UK, and secondarily in Luxembourg.
Audit assignments are performed to assist in assessing the relative accuracy of financial information, effectiveness of internal controls and compliance with management instituted policies, procedures, and country specific regulatory requirements. The Audit Team Leader will perform activities under the guidance of the Chief Audit Officer in the US and the Non-US Audit Manager in London ( “Audit Management ”). The Audit Team Leader will have one direct report (Senior Audit Associate) in London.
SPECIFIC RESPONSIBILITIES
Whilst the position’s title is that of Audit Team Leader, this position will require the individual to perform detailed audit procedures in addition to managerial oversight and team development.
The Audit Team Leader will be responsible for carrying out the following duties, with the assistance of the resources of the local audit team:
Assist Audit Management in carrying out the annual audit plan by the following means:
- Assist in developing and planning the scope of audits
- Prepare audit programs and execute comprehensive audits in various operational and financial areas of the country businesses
- Supervising day to day staff activities and of co-sourcing engagements, if any
- Participate in audit planning, progress and wrap-up meetings
- Identify internal control weaknesses, recommend corrective actions, if required and follow up on implementation
- Prepare audit work-papers (narratives/process flows, risk and control matrices, etc.) that evidence completion of the audit, and that forms an adequate basis for the audit report
- Prepare drafts of audit reports
Assess the accuracy and adequacy of financial information and internal control structure by:
- Reviewing transactions, documents, records, reports, accounting and operational methodologies
- Executing audit test steps
- Employing analytical review procedures (ARP’s)
Assist Audit Management in accomplishing the following:
- Preparation of annual risk assessments
- Preparation of annual audit plan
- Manage audits to a budget and monitor department KPIs
- Undertake a formal program of continuous business monitoring
- Staff recruiting, staff evaluations, and development
- Preparation of UK monthly dashboards, quarterly US Audit Committee materials and presentations as necessary, including to the UK Boards
- Assist with budgeting as required
- Completion of Quarterly Report of Changes in Internal Controls
- Provide timely statistics for KPI Reporting
