Audit & Assurance Vacancy At Deloitte, South Africa

Deloitte is the largest private professional services network in the world. Every day, approximately 264,000 professionals in more than 150 countries demonstrate their commitment to a single vision: to be the standard of excellence, while working towards one purpose – to make an impact that matters.

About the Division

Our Assurance services go beyond merely meeting statutory requirements. We help our clients perform better and achieve their business objectives. We listen to their needs, think about the business implications and tailor our approach accordingly.

Main Purpose of Job

The role is pivotal in the protection of our Firm’s reputation of integrity and quality, which is our key selling point. This role assists the Africa Audit Risk Management team in integrating various risk and compliance elements into an effectively functioning process from which the Deloitte Africa Audit Business can leverage. Its focus is the facilitation of the Client Review Board process and broader client acceptance and continuance processes. These processes assesses the client risk, professional services and association risk of Deloitte’s high profile clients to ensure appropriate client acceptance and continuance decisions are made and risk-mitigating plans are developed, monitored and measured.

Qualification

• Minimum Qualifications – Honours Bcom Accounting
• Desired Qualifications – CA(SA)

Minimum Experience

• 3-5 years working experience (including articles) in an environment providing exposure to risk and compliance management

Desired Experience

• Familiarity with compliance procedures and regulations, knowledge of laws and regulations elsewhere in Africa an advantage.
• Project Management

General Risk Management

• Managing business risk through driving compliance to firm risk management policies and procedures, whilst achieving an appropriate balance between risk and control.
• Gaining  expert knowledge of the Deloitte Policies Manual and its interaction with Audit Risk and Audit Quality.
• Operating effectively within the broader firm compliance network, aimed at ensuring compliance with broader regulatory and legislative requirements.
• Working with business leaders and risk officers / champions to find ways of achieving higher levels of compliance.

Client and Engagement Acceptance and Continuance

• Client Review Board

–      Facilitate effective Client Review Board processes for the monitoring and management of client acceptance and continuance based on defined criteria.

–      Work with engagement teams during the Client Review Board process.

–      Ensure effective execution of and compliance with Client Review Board processes.

–      Risk analysis and reporting of status of Client Review Board to stakeholders.

–      Monitor and review the Client Review Board process to ensure that the process is continually improved.

• Global Audit Acceptance Continuance Program

–      Manage the Global Audit Acceptance Consultation program.

• Compliance Assessments

–      Conduct client / engagement acceptance testing for non-audit assurance work.

–      Execute an effective project review programme in the business to ensure proactive client acceptance and continuance mitigation

Business Risk & Quality Management Process Support

• Ensure effective execution of and compliance with risk & quality management processes contained in the Member Firm Standards.
• Identification of operational risks and inefficiencies, and recommendation of practical business improvements to address these.
• Risk analysis and reporting the monthly status of risk management to stakeholders.
• Designing and implementing effective processes for the monitoring and management of compliance with the firm risk and quality management processes in the business.
• Conduct review procedures in the business to identify potential areas of non-compliance to Deloitte firm policies and processes.

Risk Intelligence Analysis and Reporting

• Work in conjunction with the Risk Intelligence team to maintain a repository of risk-related information, which is sourced from various teams/systems across the Africa Audit business.
• Analyse the risk information and producing reporting both within Audit, and at an Africa and Global level.

Service and Product Risk Management

• Phoenix representative, including attendance of operational meetings and business forums, addressing shortcomings in the system.
• Deep understanding of the different service and product offerings in the business, and their inherent risks, including impacts of Companies Act South Africa Section (90)(2) and working with the RIL and Risk Management team on responses to these offerings.
• Working closely with the Service Area risk managers to classify, evaluate, and monitor risks, and implementing mitigations

 Key Performance areas

• Strategic Impact: Supports the Senior Manager on delivery of designated engagement / project, managing the implementation of the agreed deliverables
• Budgets / Profitability: Manages engagement budget through accurate budgeting,  cost control and profitability management

 Leadership Capabilities

• Living our Purpose – Acts as a role model, embracing and living our purpose and values, and recognizing others for the impact they make
• Talent development – Develops high-performing people and teams through challenging and meaningful opportunities
• Performance drive – Delivers exceptional client service; maximizes results and drives high performance from people while fostering collaboration across businesses and borders
• Influence – Influences clients, teams, and individuals positively, leading by example and establishing confident relationships with increasingly senior people
• Strategic direction – Understands key objectives for clients and Deloitte, aligns people to objectives and sets priorities and direction

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