Audit Manager – Department of Professional Practice (DPP)
Audit Manager – DPP
Audit Manager – Department of Professional Practice (DPP)
Position Summary
The Department of Professional Practice (DPP) is required to undertake consultation, pre-issuance review and other activities in accordance with the KPMG DPP manual. The main objectives of DPP include:
- Supporting teams in performing quality engagements.
- Contributing to quality financial reporting by KPMG clients.
- Driving consistent application of standards across the KPMG network.
- Protecting KPMG’s reputation by providing support that mitigates risks related to technical issues facing member firms and KPMG clients.
- Participating in regional and global networks
- Contributing to standard setting and professional development; and
- Adding value by developing and maintaining leading edge technical knowledge and transforming that knowledge into value for our clients and other stakeholders.
Key roles and responsibilities
- Researching and answering assurance, audit and review methodology and reporting queries raised by KPMG staff and clients in accordance with the International Financial Reporting Standards (IFRS Standards), International Standards on Auditing (ISAs), International Standards on Assurance Engagements (ISAE), International Standards on Review Engagements (ISRE), among others.
- Researching on and supporting engagement teams on Environmental, Social and Governance (ESG) assurance methodology and assurance reporting matters in accordance with the relevant framework. This includes involvement in development of guidance, commenting on proposed pronouncements and regulations. It also includes supporting engagement teams on ESG matters considered as part of the financial statement audit.
- Reviewing reports submitted to DPP by engagement teams and liaising with engagement teams on these reports.
- Assisting with the preparation and presentation of audit and assurance updates and training on IFRS Standards, ISAs, among others to KPMG partners, staff and clients.
- Staying up to date with developments in applicable Standards through internal research and involvement in KPMG’s IFRS Standards and audit topic teams.
- Assisting with updating the various technical “tools”, work papers and guidance.
- Assisting with the monthly compliance reviews to ensure that the trainings achieve the intended results.
- Providing support to the Quality Performance Review process and other regulatory reviews.
- Providing support to the Engagement Quality Control reviewer to ensure that financial statements comply with applicable accounting and reporting standards and relevant regulatory requirements and that the report(s) is appropriate.
- Any other duties and responsibilities as may be assigned.
Academic/Professional qualifications and Experience:
- Bachelor’s degree qualification in business administration, economics, finance, accounting or any other related field.
- Minimum of 8 years’ experience in a professional accounting firm in accounting and/or auditing field.
- Minimum 2 years’ experience providing technical advisory services to audit engagement teams or clients.
- CPA or ACCA qualification (finalist).
- Exposure to/ conversant with IFRS 17 will be an added advantage.
We offer:
- An exciting opportunity to work with a Big 4 firm with a presence across East Africa.
- Continuous learning and development.
- Exposure to multi-disciplinary client service teams.
- Unrivalled space to grow and be innovative.
- Opportunities to deepen your experiences, deliver meaningful impact and develop your skills.
If your career aspirations match this exciting opportunity, please use the link below to apply:
Audit Manager – Department of Professional Practice – Candidate’s Summary. Filling the link is mandatory for consideration alongside your application to talentrecruit@kpmg.co.ke quoting ‘Audit Manager - DPP’ by 10 September 2024.
Please note that only shortlisted candidates will be contacted