Job Description
EMPLOYMENT OPPORTUNITY
A top 10 international audit firm with member firms all over the world is recruiting Associate Director – Assurance to serve in the Zambia office. The firm services the middle market in audit, tax and consulting.
Job Profile
Role: Associate Director – Assurance
Location: Lusaka
Reports to: Chief Executive Officer
Department: Assurance
Type: Full-Time
Job Summary
The Associate Director – Assurance is a senior leadership role within the firm, responsible for overseeing the delivery of high-quality assurance services to clients. This role requires a deep understanding of audit and accounting principles, leadership capabilities, and client management skills. The individual will manage a portfolio of clients, lead engagement teams, and ensure compliance with all relevant regulatory frameworks. Additionally, the Associate Director plays a pivotal role in business development, contributing to the growth and strategic direction of the firm’s assurance practice.
Key Responsibilities
1. Leadership and Team Management:
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Lead and manage multiple audit engagements, ensuring timely and quality delivery of services.
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Provide leadership and guidance to audit teams, including managers, supervisors, and associates.
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Mentor and develop team members, fostering a culture of professional growth and technical excellence.
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Manage resource allocation effectively to ensure optimal team performance.
2. Client Relationship Management:
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Build and maintain strong, long-term client relationships.
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Address and resolve client issues in a timely and professional manner.
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Collaborate with clients to understand their business needs and provide tailored assurance services.
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Develop new business opportunities with existing clients and participate in business development initiatives to attract new clients.
3. Review and Sign-Off of Audit Engagements:
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Oversee the completion of audit engagements, ensuring all work is performed in accordance with applicable standards and firm policies.
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Review and sign off on audit files and reports, ensuring accuracy, compliance, and completeness.
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Ensure that audit conclusions are well-documented, supported by robust audit evidence, and communicated clearly to clients.
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Provide technical review of financial statements and audit opinions prior to partner review.
3. Technical Expertise:
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Ensure audit procedures comply with relevant auditing standards, regulations, and the firm’s policies.
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Stay up to date with changes in financial reporting standards, auditing standards, and regulations.
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Provide technical guidance on complex accounting and auditing issues to team members.
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Review and approve audit reports, ensuring they meet the highest quality standards.
4. Strategic Development:
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Contribute to the strategic direction of the assurance department by identifying growth opportunities and operational improvements.
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Participate in firm-wide strategic initiatives and collaborate with other service lines to deliver integrated solutions to clients.
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Monitor industry trends and assess their impact on the firm’s assurance practice.
5. Risk Management and Compliance:
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Ensure adherence to the firm’s risk management protocols and quality assurance processes.
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Maintain compliance with regulatory bodies.
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Identify and mitigate risks in client engagements through robust planning and review processes.
6. Financial Management:
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Manage the financial performance of engagements, including billing, fee negotiations, and profitability analysis.
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Ensure engagements are delivered within budget and on time.
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Contribute to the achievement of department revenue targets.
Key Competencies:
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Strong leadership and team management skills.
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Exceptional client service orientation with the ability to build lasting relationships.
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Excellent technical knowledge of audit, assurance, and financial reporting standards.
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Strong business acumen and ability to identify and capitalize on growth opportunities.
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Effective communication and interpersonal skills, with the ability to engage with clients and team members at all levels.
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Problem-solving and decision-making capabilities.
Qualifications and Experience:
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Professional qualification: Full ACCA.
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8-10 years post-qualification audit and assurance experience, preferably within a large accounting firm.
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Experience managing a portfolio of clients across various industries.
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Proven track record of leading audit teams and developing junior staff.
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Strong understanding of regulatory requirements and standards.
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Business development experience with proven track record of client acquisition and relationship management.
Personal Attributes:
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High level of integrity and professionalism.
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Ability to work under pressure and meet tight deadlines.
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Strategic thinker with a proactive approach to problem-solving.
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Strong analytical and decision-making skills.