Internal Audit Senior

Main Duties and Responsibilities

Sound knowledge and experience in good governance practices, risk management methodology, programme management, and change management programmes.

Good understanding of strategic issues and risks faced by organisations, and able to lead and report on strategic and operational activities of audit issues.

Develop annual internal audit plans and ensuring successful delivery of these within budget. Internal audit plans provide assurance on Governance, Risk Management, and Internal Control areas.

Responsibilities below are generalised and are no way exhaustive:

  • Responsible for conducting audit fieldwork which includes undertaking audit testing, conducting meetings with relevant client personnel
  • Ensure a full briefing meeting has been held with the manager on the assignment before work commences
  • Ensure the work undertaken is in accordance with the approved plan and budget
  • Input audit findings into PAWS, ensure full PAWS file is completed and handed over at the end of each audit

The Candidate

Work Based Competencies

  • Working towards or qualified internal auditor (PIIA)
  • Proven relevant experience, gained in a similar auditing role
  • Competent at using Microsoft applications
  • Working knowledge of PAWS
  • Good communication and presentation skills
  • Strong organisational and time management skills
  • Able to influence internal / external clients and colleagues
  • Has proven planning and prioritising skills
  • Able to work under pressure with accuracy and focus
  • Able to demonstrate problem solving skills
  • Keen to add value to our clients’ businesses

Behavioural Competencies

  • Flexible work attitude, pro-active and collaborative team player
  • Ability to work well under pressure and adhere to tight deadlines
  • Adaptability and ability to respond positively to change
  • Ability to learn and pick things up quickly
  • Familiar with and have an awareness of the laws and regulations that apply to accounting and audit and are required to ensure compliance
  • Good interpersonal skills
  • Good telephone manner and communication skills
  • Excellent integrity and ethical standards

Internal Audit Supervisor

Main Duties and Responsibilities

  • To work in line with the haysmacintyre’s internal audit methodology.
  • To understand the key risks identified by clients and the controls put in place to address those risks.
  • To scope and plan variety internal audit assignment based on client requirements and risk assessments.
  • To execute variety of audit tests / procedures and interpret outcome from testing.
  • To prepare draft audit reports and working paper files to high quality standards for internal management and partner review.
  • To lead on individual assignments ensuring delivery is in line with allocated budget and agreed timeline with clients.
  • To seek guidance from managers and partners as required.
  • Understand the financial, operational and compliance risks which impacts client operations and incorporate these into the audit work programme.
  • Demonstrate the ability to identify risks, and make recommendations which are appropriate, proportionate, practical and cost-effective.
  • Manage several internal audit assignments and prioritise.
  • Manage a portfolio of clients and deliver internal audit plan in line with client requirements.
  • Develop internal audit strategy for clients.
  • Supporting the Partners and Directors in key business development activities for new work including targeting, writing proposals and presentations.

The Candidate

  • Relevant professional experience, ideally within Internal Audit
  • Part qualified PIIA / CMIIA or equivalent
  • Proficient in MS Office
  • Excellent written and oral communication skills
  • Experience with data analytics
  • Flexible to travel
  • Ability to execute audits with limited support
  • A pro-active ‘can do’ attitude.

IT Internal Auditor

Main Duties and Responsibilities

  • To work in line with the haysmacintyre’s internal audit methodology.
  • To understand the key risks identified by clients and the controls put in place to address those risks.
  • To scope and plan IT internal audit assignment based on client requirements and risk assessments.
  • To execute variety of audit tests / procedures and interpret outcome from testing.
  • To prepare draft audit reports and working paper files to high quality standards for internal management and partner review.
  • To lead on individual assignments ensuring delivery is in line with allocated budget and agreed timeline with clients.
  • To seek guidance from managers and partners as required.
  • Understand the financial, operational and compliance risks which impacts client operations and incorporate these into the audit work programme.
  • Demonstrate the ability to identify It security and cyber risks, and make recommendations which are appropriate, proportionate, practical and cost-effective.
  • Manage several internal audit assignments and prioritise.
  • Supporting the Partners and Directors in key business development activities for new work including targeting, writing proposals and presentations.

The Candidate

  • Relevant professional experience, ideally within IT Internal Audit
  • CISA qualified or equivalent
  • Proven experience of successfully delivering IT internal audits
  • Experience in identifying and assessing complex IT risks and controls, relating them to the wider business environment
  • Proficient in MS Office
  • Excellent written and oral communication skills
  • Experience with data analytics
  • Flexible to travel
  • Ability to execute audits with limited support
  • A pro-active ‘can do’ attitude.

Serena Desai

Serena specialises in delivering robust audits to her clients in the Financial Services sector (predominantly hedge fund managers and corporate finance boutiques). She has extensive experience working on FCA regulated audits.

In her spare time, Serena enjoys visiting new restaurants to eat with family and friends and going to watch Spurs play football… when they actually play well.

Audit Manager – Hospitality

Roles and Responsibilities

Responsibilities below are generalised and are no way exhaustive:

  • Audit: statutory audit, planning, completion, attend / lead client meetings etc.
  • Being a key point of contact throughout the year
  • Building and maintaining strong relationships with existing clients as well as prospective clients
  • Accounts preparation
  • Provision of general business advice to clients
  • Managing the overall service delivery to clients
  • Corporate finance projects (Due diligence, AIM/Standard listings, reverse acquisitions etc)
  • Other special projects
  • Client billing and job recoverability
  • Prospective client meetings
  • Assist in supervising/managing the audit staff including having a responsibility for the coaching and development of the team members reporting directly into you taking responsibility for career development of others
  • Business development activities such as building relationships with target clients and referrers in the Hospitality sector
  • Assist where required in the general running of the audit department
  • Reporting directly to the partner and having several direct team members report to you.

 

The candidate

Behavioural competencies

  • The successful candidate will be able to multitask in terms of handling multiple clients simultaneously
  • Excellent technical and personal skills to service a portfolio of clients efficiently and effectively
  • Excellent communication skills and be confident, articulate and able to communicate at all levels externally and internally
  • Ability to produce high quality business style reports for non-executive committees
  • Presentation skills for tendering for new work
  • A team player with the ability to prioritise work and work to tight deadlines
  • Strong organisational skills
  • Have a proven track record of establishing and maintaining strong relationships
  • Ability to successfully support, nurture and motivate different team members

 

Work based competencies

  • 3 + years Hospitality sector Experience
  • Expert in producing group financial statements and consolidations
  • Strong knowledge of both IFRS and UK GAAP (including FRS101/102) and international standards on auditing
  • Working knowledge of Tax
  • Experience of Caseware or similar accounts production software
  • Experience of management of the audit from planning to supervision and onsite reviews
  • Qualified accountant

Audit Semi-Senior

The role

Responsibilities are generalised and are in no way exhaustive and will involve working on a range of clients across a variety of sectors corporate, not for profit and pension schemes:

• Carry out audits using a bespoke risk-based audit approach;
• Act as assistant or middle person on larger clients, completing relevant sections of the audit file as discussed and agreed at the planning meeting;
• On some of our smaller clients, you will act as senior reporting directly to the manager. For these audits, the individual would be responsible for the planning of the audit file right through to the completion sections including drafting the financial statements, the management letter and the letter of representation;
• Supervise and effectively delegate work to less experienced members of the audit team as agreed by the senior;
• Communicate with the audit senior regularly on the audit and make recommendations to them on how our clients can improve their accounting systems and controls;
• Perform ‘accounts preparation’ jobs either from the client’s trial balance or from their original accounting records;
• Appraise less experienced members of the audit team following completion of the jobs worked on with them;
• An average of 10 to 12 weeks per year will be spent on ‘away jobs’.

Person Specification

• Flexible work attitude, pro-active team player;
• Ability to work well under pressure and adhere to tight deadlines;
• Able to learn and pick things up fast;
• Familiar with and have an awareness of the laws and regulations that apply to accounting and audit and are required to ensure compliance;
• Good interpersonal skills;
• Good telephone manner and communication skills.

Worked Based Competencies

• Studying towards the ACA or ACCA qualification;
• Proficient in using Microsoft Excel, Word and Outlook;
• Experience of an electronic audit programme;
• Experience of CaseWare and Sage would be an advantage.

HR Business Partner, Audit

The People function is a busy team where confidentiality, a collaborative work ethic, curiosity and a proactive approach are essential.  The team provides advice and support to Partners and staff throughout their entire tenure at the Firm.   We deliver a full range of support together with recruitment, payroll and learning and development activities.

The team gain credibility through being proactive, responsive, creative and accurate – while this seems basic it will form the basis of success in this role.

The People team currently comprises a Director, 2 Business Partners, a Talent Acquisition Partner and 2 Team Administrators who, together, support the business in all areas listed above.

 

The role

Reporting to the People Director, the successful candidate will work with the relevant Head of Department, Partners and Managers to make a meaningful contribution to development and implementation of the relevant business strategies.

On a daily basis the roles will work in the business and be focused on the demands and needs of the relevant leaders in the Department.

The incumbent will:

Stay Informed

  • Attend all leadership team meetings to ensure full and deep understanding of the business, the strategy, the demands, barriers and challenges involved
  • Develop a clear understanding and knowledge of all personnel within the relevant group, providing a space for support, coaching and honest conversations on a daily basis
  • Appropriately promote and represent the talent (people) agenda while listening to ‘local’ needs and ensuring policies are applied appropriately for the group
  • Become an expert on all relevant qualification paths for the profession and all internal promotion paths to enable full support for employees and partners

Workforce Plan

  • Create workforce plans, identifying workforce capability needs for the coming year and working with the Talent Acquisition Partner to ensure effective and timely delivery of any necessary external resource
  • Create strategic talent plans (annually) to map out people needs taking account of projects and initiatives
  • Create full succession plan for the group resulting in a full development plan for each relevant individual, and management of such plans on an on-going basis

Manage People Processes

  • Lead the deployment of the people strategy within the group particularly in relation to talent management, leadership development, managing change, performance management and organisational design
  • Lead on recruitment, attending all first interviews and sifting talent appropriately to ensure effective use of client facing time on recruitment at the decision making stage
  • Lead induction and integration plans for joiners to the group including Trainees, playing an active part in organising all schedules, following up and ensuring success
  • Lead all employee relations matters within the respective group
  • Ensure any performance management processes activated professionally, with respect for all involved and without recourse to litigation
  • Lead all remuneration, promotion and other cyclical people processes liaising with the People team to ensure documentation and implementation are actioned
  • Manage leavers to ensure all data is captured, process is managed incl. payroll data, and leavers remain ambassadors for the Firm
  • Effectively manage organisational change programs where required including TUPE, acquisition, integration, headcount management and liaison with the People Team

Retain a Big Picture Outlook

  • Ensure that there is consistent application of processes and policies across the Firm at all times to reduce risk through effective communication with other members of People Team
  • Provide insight on People issues utilising relevant MI e.g. absence / remuneration / exit data.  Suggest data that could be developed and used for such purposes and work with People Ops Manager to deliver
  • Ensure that organisational design/development solutions drive business transformation and change

Be part of the People Team

  • Work with the People Team to ensure cyclical, business as usual Talent activities are executed to a high quality throughout the year e.g. salary review, bonus payments, appraisal processes etc
  • Suggest improvements to people policies in line with knowledge or business need/appropriateness
  • Always ensure effective communication channels with all team members

Idea Generation

At all times, your ideas will be welcome as to how we can improve, be more efficient, save time, enhance compliance etc. so please listen, research and share ideas as you wish.  Laws change, market practices develop and generations want different things so keeping an eye out for interesting developments is very wise and ever so useful.

 

You will have:

  • Full CIPD qualification
  • Experience of working in a Business Partner role in a professional services and proven capability of making a difference
  • Proven ability to build successful relationships with key stakeholders enabling debate, discussion and challenge as appropriate
  • Proven ability to support numerous colleagues concurrently and balance priorities accordingly
  • Good understanding and experience of key legal requirements relating to legislation particularly with regards to discrimination and immigration regulations

What you’ll need to succeed:

  • Knowledge of best practice People processes within a corporate environment
  • Confidence and capacity to establish professional credibility quickly
  • Ability to instil confidence at a senior level within the Firm
  • An analytical mindset and appreciation, and maybe even enjoyment of, data
  • Great ideas and ability to communicate them
  • Strong organisational and communication skills
  • PC literate with a working knowledge of Teams, Powerpoint, Excel
  • Adaptable and flexible with great ideas for improvement
  • Creativity, curiosity and a sense of humour!

Schools Briefing – Autumn 2021

Various scams and fraud schemes have been put in place during the pandemic, so it’s important to stay vigilant. Vikram Sandhu outlines how schools can protect themselves from common frauds, who is then supported by Tony Gee, Pen Test Partners’ ethical hacker, explaining how schools could improve their cyber security.

Alex Gillespie and I outline why the management of reserves and financial monitoring is more important during turbulent times and, on the subject of cost control, Naseem Nabi summarises the options available to schools in connection with their membership of the Teachers’ Pensions Scheme (TPS).

As independent schools dust off their capital development plans, Lee Stokes draws attention to the current matters which will need consideration before embarking on a new project, and Nick Bustin advises on how schools need to address three current areas of employment tax.

As always, I hope you enjoy reading this publication and do let the articles’ authors, me, or your regular contact know if you have any questions concerning the matters discussed.