Audit Senior Associate

2 weeks ago


Kajang Municipal Council, Malaysia Zubir Chang & Co. PLT Full time

Main Duties, Tasks and Responsibilities

  • Plan, control and monitor the audit engagement process, including preparing and updating the permanent audit file and briefing the engagement team
  • Determine levels of risk and use them to document the audit plan and design audit programmes for a statutory audit
  • Evaluate risk in a client's internal control structure and make any necessary changes to the audit programme or plan of work
  • Coordinate, assist and support the audit team in carrying out statutory audits and other assurance services to clients
  • Manage team members whilst out on-site effectively to deliver high quality statutory audits to agreed deadlines and budgets and delivering a positive client experience
  • Allocate work effectively to team members
  • Carry out performance appraisals of team members at the end of audit engagements
  • Work closely with partners, supervisors and team members on client management and practice development
  • Review primary financial statements drafted by team members in compliance with audit functions and accounting standards (e.g. MPERS), regulations and legislation (Companies Act, 2016)
  • Correct primary financial statements for errors and account for or disclose events after the reporting date
  • Evaluation evidence, demonstrate professional skepticism, investigate areas of concern and ensure audit documentation is complete and all significant issues are highlighted to supervisors
  • Review documentation of audit evidence and evaluate for sufficiency and appropriateness
  • Identify and resolve all audit issues and ensure that there are no outstanding queries
  • Discuss the findings and implications of a statutory audit with management and governance teams
  • Draft written representations and report significant control deficiencies identified during the course of the statutory audit to management and governance teams
  • Identify and communicate accounting and auditing matters to supervisors and partners
  • Prepare audit reports in accordance with relevant accounting standards (e.g. MPERS),regulations and supervision (e.g. Companies Act, 2016 and Strata Management Act, 2013)
  • Resolve client inquiries and issues relating to auditing functions
  • Keep up to date with current technical matters
  • Interact with clients to help ensure that the information flow from the client to the audit team is efficient
  • Ensure compliance with best practices of all audit procedures and standards
  • Extract and analyse data from financial records and filing information to prepare draft income tax computations and related supporting documents
  • Review the computation or assessment of income tax for individuals and companies
  • Manage time and tasks effectively to meet business needs and professional commitments
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