Audit Manager – Department of Professional Practice (DPP) at KPMG

Background Information

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

• Respond to consultations and informal queries related to accounting and auditing/review matters.
• Perform pre-issuance reviews of financial statements as required by KPMG Audit Methodology
• Carry out a process to identify and assist in addressing emerging issues related to accounting and auditing/review matters that have an impact on the audit/review process
• Review locally developed training material related to the application of applicable financial reporting frameworks or auditing standards for technical compliance with relevant requirements of the respective standards and KPMG Insights
• Assess if locally developed training material related to the application of IFRS or ISAs is at least equivalent to the global training developed by ISG and Global Learning & Development when locally developed training is used instead of globally developed training
• Review locally developed publications that express a view/opinion on the application/interpretation of applicable financial reporting frameworks or auditing standards for technical compliance with relevant requirements.
• Work with the head of DPP to consult with other DPP’s and consultation bodies across the KPMG Network
• Work with the Head of DPP to evaluate the resource requirements within DPP and make recommendations for staffing requirements 
• Release periodic guidance on emerging issues to the audit engagement teams for consideration in their audits.
• Carry out IFRS and ISA trainings to KPMG staff and external clients as need arises.
• Be responsible for allocation of queries raised by the engagement teams to respective DPP Members with the requisite skills to perform the first review of the queries.
• Focus on business development for trainings, involved in doing proposals and support in developing a pipeline for training clients annually.
• Performing/monitoring compliance with SoQM controls e.g. updating intellectual resources centrally, sending out DPP bulletins, MF consultation policy.
• Must have exposure to/ conversant with IFRS 17.
• Developing/ refreshing local compliance checklists e.g., Regulatory checklists, IFRS for SME’s etc.
• Updating DPP site regularly with current information

Academic/Professional qualifications and Experience: 

• 7 years’ experience in a professional accounting firm in accounting and/or auditing field. 
• Certified Public Accountant or ACCA qualification (finalist) 
• At least two years’ experience in providing technical advisory services to audit engagement teams or clients

Personal attributes:

• Good communication (written and verbal), numeracy, presentation and analytical skills
• IT proficiency, especially Microsoft Office
• An eye for detail
• Team player with leadership capability
• Excellent coordination and planning skills

We offer:

• An exciting opportunity to work with a Big 4 firm on cutting edge clients across Africa. 
• Continuous learning and development. 
• Exposure to multi-disciplinary client service teams.
• Unrivalled space to grow and be innovative. 
• Unrivalled space to grow and be innovative.
• Strong collaborative culture grounded in principles of psychological safety and equal opportunity.
• Opportunities to deepen your experiences, deliver meaningful impact and develop your skills.
• An appreciation for the unique perspectives and insights you can share by bringing your whole self to the table.