Assistant Manager ( External Audit)

Job Description:

Position: Assistant Manager - External Audit
Location: Bahrain
Experience Required: 5 Years in Financial Consulting or Audit

Job Summary:

We are seeking an experienced Assistant Manager in External Audit to join our team in Bahrain. The ideal candidate will bring a minimum of 5 years of experience in audit, with a strong background in financial consulting. This role demands a professional with deep knowledge of audit standards, the ability to lead audit projects, and a commitment to maintaining high standards in service delivery. You will work closely with clients to assess financial statements and ensure compliance with regulatory requirements.

Key Responsibilities:

1. Audit Planning and Execution:

   • Lead and execute external audit engagements for a diverse portfolio of clients, ensuring timely delivery and adherence to firm standards.
   • Develop audit plans, including the identification of key audit risks, and design audit programs to address those risks.
   • Conduct risk assessments, perform testing procedures, and evaluate controls.

2. Client Relationship Management:

   • Act as a key point of contact for clients, providing clear and accurate updates throughout the audit process.
   • Foster strong relationships with clients to understand their business and provide valuable insights.
   • Address and resolve client queries professionally and promptly.

3. Team Leadership and Development:

   • Supervise and mentor junior audit staff, providing on-the-job training and feedback to ensure high-quality output.
   • Coordinate work assignments, set expectations, and manage team resources effectively.
   • Review and ensure accuracy of work completed by junior staff members.

4. Compliance and Quality Assurance:

   • Ensure compliance with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA).
   • Identify areas for improvement in audit methodologies and contribute to continuous improvement of the firm’s audit processes.
   • Review audit documentation to ensure completeness and accuracy, in line with firm standards.

5. Reporting and Documentation:

   • Prepare comprehensive audit reports and presentations for senior management and client stakeholders.
   • Document findings, conclusions, and recommendations, ensuring all information is accurately recorded.
   • Present audit findings to clients and provide actionable insights for operational and financial improvements.

Required Skills and Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA, ACCA, or CA qualification is preferred.
• Experience: Minimum of 5 years in external audit, ideally within a financial consulting or accounting firm.
• Technical Skills: Proficient in IFRS, ISA, and other relevant audit frameworks. Strong analytical and problem-solving skills with attention to detail.
• Communication Skills: Excellent verbal and written communication skills to present complex information clearly.
• Leadership Ability: Proven experience in leading audit teams and managing client relationships effectively.
• Adaptability: Ability to handle multiple engagements concurrently and work effectively in a fast-paced environment.