Senior Auditor Full-time Job

Our client a top firm are currently seeking a Senior Auditor to join their team based in Bahrain.

Job Summary

The Senior Auditor is responsible for planning, performing, and reporting on audit engagements in accordance with professional standards and regulatory requirements. The Senior Auditor is expected to work independently or as part of a team to evaluate the effectiveness of internal controls, assess financial statement accuracy, and identify areas for improvement. The Senior Auditor also contributes to the development of audit programs, conducts research on relevant accounting and auditing topics, and provides training and guidance to junior staff.

Duties and Responsibilities:

Planning:

• Develop a comprehensive audit plan, defining the objectives, scope, and methodology of the audit engagement.

• Assess risks and materiality thresholds to determine the appropriate level of audit testing required.

• Prepare an audit budget and timeline, ensuring efficient allocation of resources.

• Coordinate with the audit team and client personnel to schedule and conduct audit activities.

Execution:

• Perform audit procedures to gather sufficient and appropriate evidence to support audit opinions.

• Evaluate internal controls by reviewing documentation, observing processes, and testing compliance.

• Assess the accuracy and reliability of financial information by reviewing transactions, account balances, and financial statements.

• Identify and document audit findings and recommendations, and discuss them with the audit team and client personnel.

• Monitor progress against the audit plan and budget, and communicate any issues or delays to the audit team.

• Ensure that all audit activities are performed in accordance with professional standards and regulatory requirements.

Reporting:

• Prepare a draft audit report that accurately reflects the audit findings and recommendations.

• Review the audit report with the audit team and client personnel to ensure accuracy and completeness.

• Issue the final audit report and distribute it to relevant stakeholders.

• Follow up on audit findings and recommendations to ensure that they are implemented in a timely manner.

Compliance:

• Maintain awareness of changes in accounting standards, auditing regulations, and industry practices.

• Ensure that audit procedures and documentation comply with professional standards and regulatory requirements.

• Identify and address any potential compliance issues that may arise during the audit engagement.

• Seek guidance from senior management and legal counsel on complex or sensitive compliance matters.

Education and Qualifications:

• Bachelor's degree in Accounting or Finance.

• Professional certification such as CPA, CA, or ACCA.

• Minimum of 5 years of audit experience.

• Strong knowledge of accounting standards, auditing regulations, and internal controls.

• Excellent analytical, problem-solving, and communication skills.

• Ability to work independently and as part of a team.

• Proficiency in Microsoft Office and audit software.

Due to the nature of our projects and collaborations, the company details will be provided directly to qualified applicants. This is to maintain confidentiality and strategic advantage in the markets we operate within. Rest assured, we are a reputable and established firm, committed to fostering innovation and excellence.