Audit Team Lead

4 days ago


Manama, Manama, Bahrain JobItUs Full time

Job Overview

 

At JobItUs, we are seeking an experienced Audit Team Lead to join our External Audit team in Bahrain.

 

As a key member of our audit team, you will play a critical role in leading external audit engagements for a diverse portfolio of clients. Your expertise and leadership skills will be essential in ensuring timely delivery and adherence to firm standards.

 

Main Responsibilities

 

Audit Planning and Execution:

  • Develop and execute comprehensive audit plans, identifying key audit risks and designing effective audit programs to address those risks.
  • Conduct thorough risk assessments, perform testing procedures, and evaluate controls to ensure accuracy and reliability of financial statements.

 

Client Relationship Management:

  • Serve as the primary point of contact for clients, providing clear and concise updates throughout the audit process.
  • Foster strong relationships with clients to understand their business needs and provide valuable insights.
  • Address and resolve client queries promptly and professionally.

 

Team Leadership and Development:

  • Mentor and supervise junior audit staff, providing on-the-job training and feedback to ensure high-quality output.
  • Coordinate work assignments, set expectations, and manage team resources effectively.
  • Review and ensure accuracy of work completed by junior staff members.

 

Compliance and Quality Assurance:

  • Ensure compliance with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA).
  • Identify areas for improvement in audit methodologies and contribute to continuous improvement of the firm's audit processes.

 

Reporting and Documentation:

  • Prepare comprehensive audit reports and presentations for senior management and client stakeholders.
  • Document findings, conclusions, and recommendations, ensuring all information is accurately recorded.

 

Required Skills and Qualifications

 

Education: Bachelor's degree in Accounting, Finance, or a related field.

Experience: Minimum of 5 years in external audit, preferably within a financial consulting or accounting firm.

Technical Skills: Proficient in IFRS, ISA, and other relevant audit frameworks.

Communication Skills: Excellent verbal and written communication skills to present complex information clearly.

Leadership Ability: Proven experience in leading audit teams and managing client relationships effectively.

Adaptability: Ability to handle multiple engagements concurrently and work effectively in a fast-paced environment.


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