Audit Manager (Insurance) - Gibraltar

KPMG is part of a global network of firms that offers Audit, Tax, Pensions & Legal, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.

As a firm we help our clients navigate their biggest issues and opportunities. We aim to be universally recognised as a great place for great people to do their best work – a firm known for our collaborative and inclusive culture. And we will take pride in driving lasting, positive change in society.

With offices in Gibraltar, we work with everyone from small start-ups and individuals to major multinationals. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

KPMG is one of the leading audit practices in the UK and Gibraltar whose success and reputation depends upon the quality and integrity of our services – and our people. If you join our audit team, you could benefit from increased amounts of training and education to keep you up to speed with current changes in audit regulation and accounting and auditing standards.

As an Audit Manager, you will be involved in all aspects of leading and delivering audit engagements, from planning through to completion on a broad spectrum of  clients. The role will include executive level client interaction and exposure to multiple clients on an annual basis, as well as daily tasks such as:

Tone & Culture

• Promoting a commitment to quality, including recognising the importance of legal and regulatory requirements, professional ethics, KPMG Core Values and code of conduct in my team(s)
• Responding to and implementing changes recommended by a regulator as directed by senior team members on engagement teams
• Promoting a collaborative culture encouraging constructive working relationships within the audit team, with specialists and across different team(s).

Quality

• Planning and execution of audit fieldwork and statutory reporting across a portfolio of engagements
• Project management of all aspects of audit including agreeing audit timelines, team briefings, and supervision and delivery of audit work
• Identifying, researching and helping to resolve complex audit issues
• Preparing engagement deliverables, building relationships with the audited entity staff and acting as an ambassador for the firm

Portfolio and Finance

• Budgeting and monitoring the financial performance of projects, focusing on optimising profitability
• Working on audit tenders and working as part of the relevant independence team on these tenders. Tasks may include reviewing global engagement records in Sentinel; analysing and categorising the records; contacting partners globally for engagement information; preparing data and drafting Independence reports; and liaising with the UK Ethics and Independence team
• You may also have the opportunity to work on specific audit related projects across the audit function     
• Actively participating with the audit partner/ director in the optimisation and rationalisation of our portfolio of audited entities e.g. through achieving exits or pricing / profitability targets

People

• Leading a field work team including supervising and coaching more junior members of staff to help them reach their full potential
• Keeping up to date with technical developments in audit quality, audit and accounting standards, and comply with latest quality directives
• Keeping up to date with KPMG's pro

• Conducting the planning and execution of audit fieldwork.  
• Supervising and coaching junior members of staff to help them realise their full potential.
• Reviewing the audit work performed by junior team members.
• Project managing the audit delivery, including timelines, team briefings, team supervision, delivery of audit work, and reviews by more senior team members, including Directors and Partners.
• Keeping Managers, Senior Managers, Directors and Partners up to date with progress throughout the course of the assignment.
• Preparing reports to senior management from audited entities and audit committees.
• Building relationships with the engagement and audited entity staff.
• Being the day-to-day point of contact for the audited entity.

The Assistant Manager role is key to the delivery of this function. Across a breadth of projects, the role-holder will be expected to build effective relationships with colleagues of all levels of seniority and experience. Routinely they will work closely with other functions and specialists, including Central Risk, Legal, and Ethics and Independence, as well as KPMG Global Services and audit engagement teams. They will be required to maintain and develop a sound professional understanding of the evolving regulatory and commercial environments in which KPMG provides audit services. They will promote a proactive attitude towards the mitigation of risk, helping to ensure that the Firm’s policies and practice remain ahead of these changes.   

The role requires attention to detail as well as excellent communication and presentation skills. It would suit an efficient organiser able to prioritise between competing demands and build rapport with a variety of stakeholders

Internal Audit Manager – KPMG – Consulting (104067)

Base Location: London/Birmingham plus network of 20 offices nationally: www.kpmg88careers.co.uk/experienced-professional/#LeBlender.OfficeLocations

Why Join KPMG as an Internal Audit Manager - Consulting?

KPMG's Governance, Risk and Compliance Services (GRCS) practice within IGH is an area of the firm with tremendous growth potential. GRCS is an integral part of our rapidly growing National Markets Consulting practice. We provide services relating to internal audit, internal control, corporate governance, risk management and related assurance projects. Clients are based in the public sector and our services deliver added value to clients using modern control assessment, risk management and audit techniques focusing on strategic, management and operational issues as well as financial management and reporting controls. We also work closely with other consulting teams including our colleagues in Technology Risk and Cyber Risk to ensure our clients receive the best possible advice and assurance.

What will you be doing?

• Creating annual internal audit plans for clients
• Providing internal audit services on both outsourced and co-sourced contractual basis
• Managing and directly delivering individual and /or a programme of internal audit projects which includes planning, review, quality assurance and reporting

Please note: This role is offered on a 24 month Fixed Term basis.

KPMG is one of the leading audit practices in the UK whose success and reputation depends upon the quality and integrity of our services – and our people. If you join our audit team, you could benefit from increased amounts of training and education to keep you up to speed with current changes in audit regulation and accounting and auditing standards.

The Role

As an Assistant, you will be involved in all aspects of delivering audit engagements, from planning through to completion on a broad spectrum of B2B, B2C and G&I As engagements. The role will include executive level engagement interaction and exposure to multiple engagements on an annual basis. 

•    Planning and execution of audit fieldwork and statutory reporting across a portfolio of engagement
•    Assisting in the project management of all aspects of audit including agreeing audit timelines, team briefings and supervision, and delivery of audit work
•    Budgeting and monitoring time spent on projects, focusing on optimising profitability
•    Identifying, researching and helping to resolve audit issues
•    Building relationships with the engagement staff and acting as an ambassador for the firm
•    Reporting to audit incharges, managers and partners on all salient points arising from audits
•    Supervising and coaching junior members of staff to help them realise their full potential
•    Keeping up to date with KPMG's product and service offerings and identifying the sales opportunities that will help us grow our business
•    Working on audit tenders and working as part of the relevant independence team on these tenders. Tasks may include reviewing global engagement records in Sentinel, analysing and categorising the records, contacting partners globally for engagement information, preparing data and drafting independence reports, and liaising with UK Ethics and Independence team
•    You may also have the opportunity to work on specific audit related projects across the audit function.

Leadership & Management:

Well-developed leadership and supervisory skills and the ability to effectively communicate with a wide range of individuals both internally and externally at different seniority levels

Stakeholder Interaction & Challenges:

Well-developed understanding of the wider commercial background KPMG operates in demonstrating awareness of the issues facing our clients on a day to day basis

Impact, Risk, Accountability & Governance:

As part of the audit team you will contribute to the success of the audit practice in Gibraltar.  As you develop you will take on enhanced responsibilities.  Key attributes are integrity and a proactive approach to work, researching and asking for guidance appropriately.

The Person

Experience:

Essential

•    Recent and extensive external audit experience within a ‘Big 4’ or mid-tier firm is required

Expertise / Technical Role Requirements

As a general rule, you’ll be expected to meet the following requirements (*or equivalents)

•    Minimum Grade 6 GCSE* Maths
•    Minimum Grade 6 GCSE* English Language
•    Minimum of 120 UCAS points* under the 2017 tariff point system at A Level 
•    Minimum 2:1 degree in any discipline

Please note, we only consider a candidate's 'top' 3 A-Level grades and do not accept General Studies.

At KPMG, we look at more than just your academic results. We will review your application, together with your performance in our as