An Audit Manager in Malaysia is a senior-level position within the audit department of an accounting or professional services firm.
This role is crucial for overseeing audit engagements, ensuring compliance with both Malaysian and international auditing standards, managing client relationships, and leading audit teams.
The Audit Manager plays a key role in the strategic planning and execution of audits, quality control, and the professional development of audit staff.
Below is a detailed job description for an Audit Manager in Malaysia:Responsibilities:
Audit Engagement Oversight:Lead the planning, execution, and completion of audit engagements, ensuring they are conducted in accordance with Malaysian Financial Reporting Standards (MFRS), international auditing standards, and relevant laws and regulations.
Team Leadership and Development:Oversee and mentor audit teams, including Audit Seniors and Assistant Managers, to ensure high-quality audit work.
This involves assigning responsibilities, reviewing work for accuracy and compliance, and providing feedback and training.
Client Relationship Management:Serve as the primary contact for clients, managing and strengthening relationships.
Provide expert advice on audit matters, financial reporting, and regulatory compliance, and deliver insights that add value to the client's business.
Risk Management:Conduct thorough risk assessments for audit engagements, identifying and addressing areas of significant risk.
Ensure that audit strategies and plans are appropriately designed to mitigate identified risks.
Quality Control and Assurance:Implement and maintain quality control standards across audit engagements to ensure compliance with professional standards and regulatory requirements.
Review and approve audit reports and findings.
Strategic Planning:Contribute to the strategic planning and development of the audit department, including setting goals, budgeting, and resource allocation.
Business Development:Identify and pursue new business opportunities, participate in proposals and presentations, and contribute to the growth and development of the firm's audit practice.
Professional Development:Stay abreast of changes in accounting and auditing standards, regulations, and industry practices.
Encourage and facilitate continuous learning and development within the audit team.
Skills and Competencies:
Leadership:Strong leadership and management skills to inspire and guide audit teams effectively.
Analytical and Critical Thinking:Excellent ability to analyze complex financial data, identify risks, and devise effective audit strategies.
Communication:Outstanding communication and interpersonal skills, capable of engaging effectively with clients, team members, and senior management.
Problem-solving:Proficient in identifying issues and developing practical, innovative solutions.
Attention to Detail:Meticulous attention to detail and a commitment to producing high-quality, accurate work.
Adaptability and Flexibility:Ability to adapt to changing audit and regulatory environments and manage multiple engagements simultaneously.
Qualifications:
Education:Bachelor's degree in Accounting, Finance, or related field.
Professional qualifications such as ACCA, CPA Malaysia, or equivalent are typically required.
Experience:Extensive experience in auditing, including prior roles as an Audit Senior or Audit Assistant Manager.
Proven track record of managing audit engagements and leading teams.
Technical Proficiency:Deep knowledge of MFRS, international auditing standards, Malaysian regulations, and proficient use of auditing software and tools.
Language Skills:Proficiency in English and Malay for effective communication.
The role of an Audit Manager in Malaysia is integral to the success and reputation of the auditing practice, requiring a blend of technical expertise, strategic thinking, and leadership skills to navigate the complexities of auditing and regulatory compliance.#J-18808-Ljbffr