Associate / Senior Team Member (Audit):- Additional Duties
• Plan tasks (breaks down projects into manageable tasks, sets milestones, identify resources, etc) and develop realistic time-tables and budgets for the task, monitors how projects are progressing against the budget and deadlines, and takes responsibility for all engagement administration.
• Review, examine, analyze and prepare detailed reports as well as recommendations on audit findings relating to the relevant financial statement assertions with appropriate risk of significant misstatement, financial reports, business environment and tax implication with the aim of improving client's accounting and management practice for establishments like banks, trust companies, credit unions, credit companies, real estate companies, insurance companies, pension funds, securities brokers and other financial services and institutions to ensure compliance with governing legislation and regulations.
• Conduct field audits of businesses to ensure compliance with provisions of the Nigerian accounting standards and business regulatory and statutory requirements and apply knowledge of current issues in accounting, audit and assurance, and regulatory requirements which are specific to the Clients industry.
• Supervise, guide and coach less experienced team members on the job and share specific knowledge/information about the audit engagement, risk areas, issues arising from the audit engagement, the client and the client's industry with team members to enable the team's ability to talk (knowledgeably) about these matters.
• Examine and review journal and ledger entries, internal control procedures, financial assets, financial liabilities, equity, income, expenditures, tax returns as well as other accounting and financial information, records, documents, reports and systems of individuals, departments within organizations, businesses or other establishments to ensure financial statement is prepared in compliance with established accounting standards, principles and policies.
• Perform other duties as saddled by more experienced team members in the Unit / Department.
Associate/ Team Member (Audit)
• Plan, perform and document the understanding of the audit client entity, risk assessment procedures, substantive testing on the audit captions, and perform all completion procedures by considering whether completion of the audit is appropriate and whether the conclusions on significant matters including significant risks and other matters are appropriate using applicable IT systems and KPMG audit tools.
• Obtain sufficient appropriate audit evidence, addressing the relevant assertions and demonstrates how it relates to the rest of the audit, where inherent risk is Significant and/or fraud risk has been identified.
• Establish up to date technical knowledge by completing all audit and accounting training, (whether instructor-led, virtual classroom or e-learning) within deadlines set and applying this training to audit work where appropriate.
