Job Description
About the Role
A premier financial services organization is seeking a highly capable and motivated professional to join its team as an Audit Supervisor in the dynamic Cape Town office. This crucial role involves taking ownership of the full audit engagement lifecycle, from detailed planning and meticulous execution to final reporting, all while ensuring stringent quality standards and budget adherence. The successful candidate will be responsible for leading, mentoring, and developing junior audit staff, fostering a culture of technical excellence and high performance. Join a leading firm dedicated to professional development and impactful client service, offering an exceptional opportunity to advance your career in one of South Africa’s most desirable business hubs.
Key Responsibilities
- Plan the audit engagement.
- Support staff allocation and complete plans on prescribed templates according to agreed timeframes.
- Provide input to the audit strategy, plans, and budget.
- Execute the audit by performing tests on financial information and systems.
- Ensure audit work complies with standards, methodology, and procedures.
- Review audit files for accuracy and compliance.
- Draft audit queries and propose corrective measures to trainees.
- Draft financial statements in line with the applicable financial framework.
- Ensure audits are completed within agreed timescales and budgets.
- Monitor and analyse the audit engagement budget.
- Identify budget overruns, minimise them, and justify potential additional fees.
- Provide audit reporting by identifying issues for the management letter.
- Summarise findings and communicate initial findings to the client.
- Conduct efficient and professional communications with the client.
- Provide timely updates and reports on matters to managers/partners.
- Supervise audit teams and maintain efficiency and service standards.
- Provide on-the-job coaching and monitor productivity.
Requirements
- Must be a CA(SA).
- Minimum Com. in Accounting. A Certificate in the Theory of Accounting (CTA) is preferred.
- Completion of Articles is mandatory.
- Proficiency in Financial Accounting, Tax, Management Accounting, and Auditing.
- Must be proficient in Microsoft Word, Outlook & Excel, and audit software like Caseware/Probe.
- Strong skills in Project Management, Budget Development & Control, and Data Analysis & Reporting are required.
- Own transport and a valid Drivers License Code B is preferred.
Qualifications
- CA(SA) registration
Salary & Benefits
Our client is offering a highly competitive salary for this role based on experience.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Auditing Jobs in Western Cape
In the Western Cape region of South Africa, the auditing profession is a significant sector, particularly in industries such as financial services, technology, and manufacturing. Typically, auditors play a crucial role in ensuring the accuracy and reliability of financial reports, thereby contributing to the overall integrity of companies.
Generally, auditors are rewarded with competitive salaries, with broad ranges varying from R600 000 to R1 200 000 per annum, depending on factors such as experience, company size, and industry sector. However, it is essential to note that actual salaries may differ significantly due to individual circumstances. Salary expectations can be influenced by the specific job requirements, location, and qualifications of the candidate.
Common skills required for auditing roles in South Africa typically include strong analytical and problem-solving abilities, attention to detail, excellent communication and interpersonal skills, a solid understanding of accounting principles and standards, proficiency in audit software and technology, and the ability to work under pressure. Other relevant skills may include expertise in financial reporting, taxation, and regulatory compliance.
The auditing profession is often found in various industries, including the financial services sector, where companies operate banks, insurance firms, and other financial institutions; the technology industry, where auditors ensure the accuracy of software development and maintenance costs; and the manufacturing sector, where audits verify inventory levels, production costs, and quality control processes. Other sectors may also employ auditors to review their financial reporting and compliance with regulatory requirements.
For those considering a career in auditing, there are several career progression paths available. Typically, auditors can move into senior audit roles or transition into related fields such as management accounting, internal auditing, or even public practice. Many auditors also choose to pursue specialized certifications, such as the Certified Public Accountant (CPA) designation, which can lead to greater career opportunities and higher earning potential.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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