An Audit Senior in Malaysia holds a pivotal role within an audit team, carrying significant responsibilities for overseeing audit processes, leading junior staff, and ensuring that audits are conducted in compliance with Malaysian and international auditing standards. Here's a comprehensive job description for an Audit Senior in Malaysia:Responsibilities:
Audit Planning and Execution:Lead the planning and execution of audit engagements, including defining audit scope, objectives, and timelines in accordance with Malaysian Financial Reporting Standards (MFRS) and international standards.
Team Leadership:Supervise and mentor junior audit staff, including Audit Assistants, guiding them through complex audit procedures and ensuring high-quality work.
Financial Statement Analysis:Perform detailed analyses of financial statements and records to identify discrepancies, fraud, or non-compliance with laws, regulations, and accounting standards.
Risk Assessment:Conduct risk assessments to identify significant risk areas within the client's financial operations, focusing on areas prone to error or fraud.
Internal Controls Evaluation:Evaluate the effectiveness of the client's internal controls, identifying weaknesses and recommending improvements to prevent errors and fraud.
Compliance Checks:Ensure that the client's financial practices and records comply with Malaysian laws, regulations (e.g., Malaysia's Companies Act), tax requirements, and international standards.
Client Communication:Serve as the primary point of contact for clients, addressing concerns, providing insights into audit findings, and discussing recommendations for improvements.
Audit Reporting:Prepare comprehensive audit reports that clearly communicate audit findings, risks identified, and recommendations for improvements.
Professional Development:Stay abreast of changes and updates in accounting and auditing standards, Malaysian regulations, and industry practices through continuous professional development.
Quality Control:Ensure that all audit work complies with firm standards and auditing principles, reviewing work performed by junior staff for accuracy and completeness.Skills and Competencies:
Leadership and Team Management:Strong leadership skills to effectively manage and mentor junior staff, fostering a collaborative team environment.
Analytical Skills:Advanced analytical and problem-solving skills to evaluate financial information and identify discrepancies or non-compliance.
Communication Skills:Excellent verbal and written communication skills, including the ability to communicate complex audit findings in a clear and understandable manner.
Attention to Detail:High level of attention to detail and accuracy in reviewing financial documents and preparing audit reports.
Ethical Judgement:Strong ethical standards and integrity in handling sensitive financial information and making impartial judgements.Qualifications:
Education:Bachelor's degree in Accounting, Finance, or a related field. Professional qualifications such as ACCA, CPA Malaysia, or equivalent are highly preferred.
Experience:Typically, a minimum of 3-5 years of experience in auditing, with prior experience as an Audit Assistant or similar role. Experience with Big Four or reputable audit firms in Malaysia is often valued.
Technical Proficiency:Proficiency in accounting and auditing software, as well as knowledge of MFRS, Malaysia's Companies Act, and other relevant regulations.
Language Skills:Proficiency in English and Malay is often required, with the ability to communicate effectively with clients and team members.ADDITIONAL INFORMATION
Min Qualification:
Diploma / Advanced Diploma / Higher Graduate Diploma / DVM / DKM Level 4 / DLKM Level 5#J-18808-Ljbffr