Audit - Sr. Associate – FS - Banking & Insurance Audit (IFRS 17) - (FY25 - DXB)

Role: Audit - Sr. Associate – FS - Banking & Insurance Audit (IFRS 17) - (FY25 - DXB)

Position Commencement Date: October 1st, 2024.
Interviews to Commence in June 2024

We are currently seeking a qualified Audit - Sr. Associate specializing in FS - Banking & Insurance Audit (IFRS 17) to join our team for the FY25 Hiring Session. The selected candidate will assume responsibilities starting from October 1st, 2024, with interviews scheduled to begin in June 2024.

Job Identification: 

• Title: Audit - Sr. Associate – FS - Banking & Insurance Audit(IFRS 17) - Audit - FY25 (DXB)
• Department: Audit
• Reporting to: Supervisor
• Supervising: Senior Associate
• Hierarchical Level: E3
• Job Family: Audit

Overall Objective and Responsibilities:

As an Audit - Sr. Associate specializing in FS - Banking & Insurance Audit (IFRS 17), you will be responsible for overseeing and conducting comprehensive audits within the Banking, Financial Institute, Asset Management & Insurance sector, ensuring compliance with regulatory requirements and industry standards.

Major Duties and Responsibilities:

• Assist in planning, executing, and finalizing all FS - Banking & Insurance Audit (IFRS 17) audit assignments for Manager/Partner review.
• Produce work for review, FS - Banking & Insurance Auditconsulting issues and offering potential solutions.
• Manage client deliverables, including attending meetings.
• Conduct strategic analysis specific to the FS - Banking & Insurance Auditindustry.
• Identify business and audit risks in the FS - Banking & Insurance Auditsector.
• Assess the effectiveness of client processes and controls within the FS - Banking & Insurance Auditindustry.
• Perform higher-risk and nonroutine audit functions in the FS - Banking & Insurance Auditsector.
• Provide day-to-day management of junior team members.
• Ensure effective use and application of KPMG Audit Manual/Methodology, auditing standards, and relevant industry standards within FS - Banking & Insurance Audit.

Profile:
Education Requirements:

• Bachelor's in commerce or completed A levels or equivalent.
• ACCA: Minimum of 9 papers (F1-F9) completed.
• CPA: Completion of 2 papers.
• ICAEW: Completion of Professional Stage.

Work Experience Requirements:

• 2+ years postgraduate experience.
• Recent experience in FS - Banking & Insurance Audit (IFRS 17).
• Strong understanding of accounting concepts related to the FS - Banking & Insurance Audit sector.
• Computer literacy.

Knowledge / Technical Skills:
 

1. Strong analytical skills.
2. Customer focus.
3. Mentors new team members.

Language Skills:
 

• English: Fluent in speaking, reading, writing, and listening.
• Arabic: Fluent in speaking, reading, writing, and listening.

Interpersonal Skills:

1. Proactive and independent.
2. Strong research skills.
3. Excellent analytical skills.
4. Proficient problem solver.
5. Effective communicator.