Audit Manager - Financial Services - Banking Capital Markets - Industry Specialist
POSITION TITLE: Audit Manager – Financial Services – Banking Capital Markets - Industry Specialist
SPECIFICATION NUMBER: 18202CRI
LOCATION: Los Angeles, California
COMPENSATION: $100K - $120K Base + Bonus
COMPANY:
Our client is an International Financial Services Firm.
Overview:
Our client is an industry-leading company that serves Fortune 500 companies and will give you the experience and exposure you need to build your career. They are well placed to help clients meet the challenges and opportunities of the US marketplace in the areas of assurance, tax, and advisory. They offer the perspective of a global network of firms combined with detailed knowledge of local, state and US national issues. More than 163,000 people in 151 countries across their network share knowledge, experience and solutions to develop fresh perspectives and deliver practical advice.
You will be part of a learning culture, where teamwork and collaboration are encouraged, excellence is rewarded, and diversity is respected and valued. We offer a flexible career progression model that allows for a variety of challenging opportunities throughout your career. They provide unparalleled coaching, mentoring, and career development programs; global opportunities; and state of the art technology-driven methodologies to help you provide quality service to their clients.
Their Assurance practice collaborates with clients, so that the financial information they report to the investing public and other stakeholders is clear and reliable. When they fulfill their role as Assurance professionals they stand firm on quality and integrity and have a direct impact on how well the world's capital market system functions.
The highly trained and educated Assurance teams go inside companies, and get to know those businesses. They ask questions, test assumptions, and provide assurance that the companies are reporting information on which investors and others can rely. Every assignment is an exciting opportunity to learn, to grow and to understand how businesses operate from all levels and perspectives.
Their Assurance professionals are constantly challenged to learn more in order to provide their clients with the highest quality services. This learning takes place through interaction on the job with colleagues and clients, formal training programs, and the insights provided by mentors and coaches. Our client is all about our people, encouraging high performance and quality. If you join them, they will help you implement a successful career strategy, as you explore the many career opportunities in our client’s Assurance practice.
Job Description:
Our client is the world's leading network of audit and assurance firms and their clients include almost half of the Fortune 500. Their leading edge audit approach is focused on quality and is designed to meet the needs of private companies to large organizations. The audit is underpinned by their deep industry knowledge, wide international experience and global network of skilled professionals.
As a member of our Core Audit Team, you will:
- Examine financial and accounting records, other documents, and tangible items such as plant and equipment o watching certain processes or procedures being performed
- Ask a range of questions from formal written questions to informal oral questions of a range of individuals at the organization
- Obtain written confirmations of a certain matters; for example, asking a debtor to confirm the amount of their debt with the organization
- Test some of the organization's internal controls
- Make judgments on significant estimates or assumptions that management made when they prepared the financial report
Their auditors maintain independence from management and directors so that the tests and judgments are made objectively.
Our client’s Banking and Capital Markets clients demand a deep knowledge of their industry and business processes, the Banking Industry practice is organized within our client’s Financial Services practice to fully leverage their global team of over 33,000 professionals who serve virtually every segment of the industry in consumer/retail banking, commercial banking, wholesale banking, mortgage banking, securitization, capital markets, insurance, investment management, broker/dealer and real estate. As these sectors continue to converge and consolidate, our client’s integrated knowledge will enable them to design and implement cost-effective, multidisciplinary solutions to meet the challenges and opportunities facing their clients.
Our client’s banking professionals have focused skills in key areas to effectively serve their clients with their most critical challenges, including:
- Anti-money laundering
- Mergers & Acquisitions
- Sarbanes-Oxley
- Risk management
- Securitizations
- Regulatory
Position / Program Requirements:
Thorough knowledge of public accounting and audit practices, procedures and reporting standards.. Extensive knowledge of SEC, U.S. GAAP, U.S. GAAS, IFRS procedures and standards. ,
Proven experience advising Banking and Capital Market clients on technical accounting and general business issues. It will be expected that you are able to share, relate and communicate technical and business knowledge across clients without violating client confidentiality.
Thorough experience implementing and providing expertise on technical standards, Banking and Capital Markets industry knowledge and audit best practices to develop an audit strategy.
Minimum Years of Experience Necessary: 5
Education & Certification:
Bachelor of Science or Bachelor of Arts degree in Accounting or business related field.
Certified Public Accountant (CPA) or equivalent required.
Travel:
21% - 40%
